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Company Profile

Schaeffler AG

Based in

Germany

Corporate Member

About

The Schaeffler Group is a leading global supplier to automotive and industrial manufacturers and aftermarkets. Its portfolio includes high-precision components, systems, and services for engine, transmission, and chassis applications in the automotive sector as well as bearing solutions and maintenance and monitoring services for a large number of industrial applications. The Schaeffler Group is already shaping innovative and sustainable technologies for electric mobility, digitalization, and Industry 4.0. The technology company generated sales of approximately EUR 14.4 billion in 2019. With around 87,700 employees, Schaeffler is one of the world’s largest family companies and, with approximately 170 locations in over 50 countries, has a worldwide network of manufacturing locations, research and development facilities, and sales companies. With almost 2,400 patent applications in 2019, Schaeffler is Germany’s second most innovative company according to the DPMA (German Patent and Trademark Office).

Automotive Division

As one of the world’s leading automotive suppliers, Schaeffler offers outstanding expertise for the entire powertrain. To satisfy the growing need for mobility in an environmentally compatible manner whilst enabling climate goals to be achieved, requires the use of efficient technologies. According to Schaeffler forecasts, however, internal combustion engines will still account for a large market share even in 2030. The Automotive OEM division is therefore developing innovative technologies and optimizing its comprehensive, modular portfolio. Its operational excellence covers components and system solutions for both vehicle with powertrains based on internal combustion engines and for hybrid and electric vehicles. Key products include clutch systems, transmission components, torsion dampers, valve train systems, camshaft phasing systems, and electric drives. Technologies from Schaeffler make a decisive contribution to reducing the fuel consumption of vehicles and to complying with the increasingly stringent vehicle emissions regulations. Moreover, they also increase driving comfort and dynamics, and extend the operating life of engines and transmissions.

E-Mobility

Electric drives also make a significant contribution to more environmentally-friendly mobility. In early 2018, Schaeffler established its E-Mobility business division to enhance its expertise in this field. Here Schaeffler develops solutions for a wide range of customer requirements: Optimized internal combustion engines will remain the basis for long-range individual mobility. 48-volt drives from Schaeffler enable maximum fuel savings of more than 20 percent to be achieved. Almost all automobile manufacturers realize plug-in hybrid designs to achieve better fuel economy and reduce CO2 emissions. Schaeffler offers corresponding hybrid modules. In urban regions particularly in China and Europe, there is a demand for purely battery-electric vehicles. Schaeffler is already offering drive solutions for such vehicles. Schaeffler's electric axle provides a pioneering solution for both hybrid vehicles and fully electric vehicles. This means that all-wheel drive can be implemented in hybrid vehicles, too.

Corporate Representative

Headquarters

Industriestraße 1-3,
91074 Herzogenaurach

Countries in operation

50

Number of engineers

Number of members

Website

https://www.schaeffler.com/