Palfinger AG Overview
Pro stress-test →Palfinger AG, headquartered in Bergheim, Austria, is a publicly traded technology and machinery manufacturing company for hydraulic crane and lifting equipment for the land and maritime sectors. The company is the world's leading producer and provider of innovative crane and lifting solutions.
Strategic Profile
Pro stress-test →According to Palfinger's "Strategy 2030," the company aims to further digitalize and become a "global technology company" by 2030, combining their hardware product with software solutions into an interconnected system. A broad product portfolio and regional footprint drive balanced profitable growth, with around 12,350 employees, 30 international manufacturing sites, and a global distribution and service network.
Competitive Landscape
Pro stress-test →Palfinger produces crane and lifting solutions with its core product being the Loader Crane, available in approximately 100 models. Global competitors include Cormach, Effer, and other regional hydraulic crane manufacturers, but Palfinger maintains technological leadership through continuous innovation and comprehensive service networks. Market position reinforced by diversified vertical integration across loader cranes, aerial platforms, marine cranes, and specialty equipment.
Industry Context
Palfinger AG operates in Hydraulic Equipment Manufacturing & Commercial Vehicle Equipment.
Key facts
Founded: 1932 · Headquarters: Bergheim, Austria · Employees: 12,350 · Revenue: €2.45B (2023) · Market cap: Not disclosed in current data