Drive technology generally comprises technical systems that generate movement by means of power transmission. Companies that focus on drive technology are represented by the Drive Technology Association within the “Verband des Deutschen Maschinen- und Anlagenbau (VDMA)”. Its approximately 200 members represent around 80 percent of the German production of drive technology. This article is based on the unique List of the 200 largest mechanical engineering companies in Germany.
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- Article based on database of the 200 largest mechanical engineering companies in Germany
- Detailed information on the field of activity (production technology, energy plants, construction machinery, packaging machinery, etc.)
- Including: turnover (2015-2018), number of employees, email, address, telephone number, management, etc.
- Direct download as Excel file possible via the Research Germany online shop
- Free preview file available on request
Many medium-sized companies and some big players
Like other mechanical engineering sectors, the drive technology segment is strongly characterised by medium-sized companies. However, there are also some large players. It is a typical supplier industry. The industry supplies drive elements, gearboxes, electrical drive technology and linear technology. The fields of application for drive technology are broad and varied. They range from the automotive industry and medical technology to shipbuilding or the aerospace industry. In 2019, the industry achieved a total turnover of almost 19.6 billion euros.
Three major German driveline technology companies are ZF Friedrichshafen, the Schaeffler Group and Bosch Rexroth. ZF Friedrichshafen is one of the world’s leading companies in driveline and chassis technology. The focus is on automotive supplies, but there is also an Industrial Technology division. ZF Friedrichshafen generated global sales of €36.5 billion in 2019 with around 160,000 employees. The Schaeffler Group produces clutch systems, transmission components, camshaft phasing units, bearings, and linear technology components for the automotive and mechanical engineering industries under the INA, FAG, and LuK brands (2020 revenue: €12.6 billion, 83,000 employees). Bosch Rexroth is a 100 percent subsidiary of the Bosch Group and serves the technology sectors of electric drives and controls, industrial and mobile hydraulics, linear and assembly technology. Bosch Rexroth had approximately 31,000 employees in 2019 and generated 6.2 billion euros in sales.
In our industry report of the German mechanical engineering industry you will find detailed information on areas of activity, an overview of the locations and clusters of the mechanical engineering industry, key financial figures as well as insights into the gender distribution and sustainability efforts of the sector.
Source: ResearchGermany – Mechanical Engineering Industry Report
Picture Source: Unsplash
