In the 2024 business year, Liebherr recorded revenue of €468 million in the components product segment. This represents a minimal decrease of €1 million or 0.2 % year-on-year.

There were varying trends across the sales regions in the 2024 business year. The increase in revenue in North America was driven by positive trends in the USA. Revenue declined in Central and South America as well as in Asia and Oceania, driven by falling revenue in Brazil, Singapore and China. By contrast, revenue development in the European Union was positive, driven largely by France and Germany, while revenue in the non-EU countries followed a downward trend.

In the individual industry segments, revenue growth was recorded in particular for decentralised energy systems and in the wind aftermarket as well as for engine manufacturers, the agricultural and forestry sector, the mining aftermarket and the maritime area. A revenue reduction was recorded in the wind sector and in the construction industry.

The start of production of the Liduro Power Port (LPO 100) mobile energy storage system marked a milestone in the field of electrification. Liebherr started development of the LPO 600 energy storage system prototype, marking a continuation of projects to supply power to electric machinery without any local emissions. At the same time, it continued development work on a prototype of an electric machine for mobile off-highway applications. Furthermore, a total of 130 components were supplied to equip ten all-electric heavy-lift ship cranes as well as rope winches for what is currently the world’s strongest, all-electric onshore ring crane. As part of the biggest order in the company’s over 75-year history, there was also demand for components for the electrification of mining machines. The first components were delivered during the business year.

To support its zero emissions goals, Liebherr consistently backed the further development of hydrogen technology for use in combustion engines, complete with injection. A prime example was the first prototype of a hydrogen large wheel loader from Liebherr. The company also conducted research into the injection of alternative liquid fuels, such as methanol, ethanol and ammoniac, as a system solution.

To meet strict environment requirements, Liebherr conducted research into alternative coatings for piston rods in hydraulic cylinders, instead of chrome (VI). Two hybrid cylinders made from steel and carbon-fibre-reinforced plastic (CFRP) were used for the first time in a prototype material handling machine, to reduce the weight of mobile applications.

Another important order was received for blade bearings and main bearings for wind turbines, as well as the largest segmented slewing bearing to date for a ship crane.

In 2024, the new digital products included an app for planning energy demand on construction sites.

In this business year, the components production site in Dalian (China) was opened. The company also invested in a sustainable, mechanical production site for hydraulic cylinders in Germany, with inauguration planned for 2025.

Liebherr is optimistic about 2025 in the components product segment and is investing above all in the newly acquired orders in the wind, mining and genset segment.