The global automotive and industrial supplier Schaeffler presented its Roadmap 2025 at its 2020 Capital Market Day (CMD)
The new corporate claim, “We pioneer motion”, expresses Schaeffler’s commitment to continuing to shape motion and progress by being a diversified automotive and industrial supplier with a global reach. The company’s success will continue to be based on its four proven key differentiators of innovation, manufacturing excellence, top quality, and system understanding.
In the Automotive Technologies division, this essentially means accelerating the portfolio’s transition towards electric mobility and chassis applications. Based on current forecasts, the global vehicle fleet, currently numbering 1.40 billion automobiles, is set to grow to 1.55 billion in 2025, mainly driven by trends in China. Along with this increase in the vehicle fleet, opportunities will open up in the spare parts business owing to the increasing average age of vehicles and the trend towards greater vehicle complexity. These trends will result in higher demand for vehicle repairs.
The Schaeffler Group sees strong growth potential in sectors such as hydrogen technology, for example – both in the form of fuel cells for mobile applications and electrolyzer equipment for green hydrogen production: “The Schaeffler Group sees a significant opportunity for growth in the hydrogen sector. With our manufacturing excellence and industrialization expertise, we are outstandingly positioned to offer our customers high-quality solutions and to benefit from the expansion of renewable energies,” Klaus Rosenfeld, CEO of Schaeffler AG, said.
The issue of sustainability is of higher-level significance for the Schaeffler Group. To this end, the company is pursuing an integrated approach across all divisions, functions, and regions. The objective is to achieve CO2-neutral production operations from 2030 onwards.