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ZF Friedrichshafen - statistics & facts

ZF Friedrichshafen AG is a manufacturer of a variety of products, including transmission parts and drive axles for passenger and commercial vehicles, suspension equipment for heavy trucks, as well as gearboxes for wind turbines. Between 2009 and 2019, the company more than tripled its sales revenue, making it one of the leading companies in the field of motor vehicle parts manufacturing. In 2020, however, the sales revenue dipped by almost 11 percent year-on-year.
ZF Friedrichshafen AG sold its automotive steering segment to its peer rival Robert Bosch GmbH and succeeded with a takeover bid to TRW shareholders in December of 2014. The merger of TRW Automotive and ZF Friedrichshafen was completed in 2015. As a result of what may be dubbed one of the largest supplier acquisitions in history, the automotive component manufacturer emerged as a new heavyweight in the automotive parts market.

Competitors

The mega suppliers Denso Corporation and Magna International are among ZF Friedrichshafen AG’s main competitors, together with the Germany-based Robert Bosch GmbH and Continental AG. With the establishment of its Zukunft Ventures GmbH, ZF is expected to increase its activity in the area of autonomous driving.

History

ZF Friedrichshafen AG was founded in 1915 in Germany to originally produce gears for airships, such as Zeppelins. A few years later, the company switched to producing gears for cars and has since become one of the pioneering companies in the automotive industry, spending more than two billion euros on research and development in 2020.

Throughout the 1960s, ZF Friedrichshafen AG started supplying transmissions to leading German automotive companies, such as BMW, Mercedes-Benz, and Porsche. The rising demand for ZF Friedrichshafen AG’s products led to the company expanding to other countries. Nowadays, the company operates in over 20 countries around the globe, including the United States, India, South Korea, and China.

Key figures

The most important key figures provide you with a compact summary of the topic of "ZF Friedrichshafen" and take you straight to the corresponding statistics.

Current State of the Company

Automotive industry

Key competitors

ZF Friedrichshafen

Dossier on the topic

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ZF Friedrichshafen - statistics & facts

ZF Friedrichshafen AG is a manufacturer of a variety of products, including transmission parts and drive axles for passenger and commercial vehicles, suspension equipment for heavy trucks, as well as gearboxes for wind turbines. Between 2009 and 2019, the company more than tripled its sales revenue, making it one of the leading companies in the field of motor vehicle parts manufacturing. In 2020, however, the sales revenue dipped by almost 11 percent year-on-year.
ZF Friedrichshafen AG sold its automotive steering segment to its peer rival Robert Bosch GmbH and succeeded with a takeover bid to TRW shareholders in December of 2014. The merger of TRW Automotive and ZF Friedrichshafen was completed in 2015. As a result of what may be dubbed one of the largest supplier acquisitions in history, the automotive component manufacturer emerged as a new heavyweight in the automotive parts market.

Competitors

The mega suppliers Denso Corporation and Magna International are among ZF Friedrichshafen AG’s main competitors, together with the Germany-based Robert Bosch GmbH and Continental AG. With the establishment of its Zukunft Ventures GmbH, ZF is expected to increase its activity in the area of autonomous driving.

History

ZF Friedrichshafen AG was founded in 1915 in Germany to originally produce gears for airships, such as Zeppelins. A few years later, the company switched to producing gears for cars and has since become one of the pioneering companies in the automotive industry, spending more than two billion euros on research and development in 2020.

Throughout the 1960s, ZF Friedrichshafen AG started supplying transmissions to leading German automotive companies, such as BMW, Mercedes-Benz, and Porsche. The rising demand for ZF Friedrichshafen AG’s products led to the company expanding to other countries. Nowadays, the company operates in over 20 countries around the globe, including the United States, India, South Korea, and China.

Interesting statistics

In the following 4 chapters, you will quickly find the {amountStatistics} most important statistics relating to "ZF Friedrichshafen".

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