Revenue of the BSH Home Appliances Group 2003-2023

The BSH Home Appliances Group (BSH Haushaltsgeraete GmbH) reported revenues of 14.8 billion euros in 2023. In the same year, BSH spent over 843 million euros on research and development, a 5.7 percent share of the company's revenue. Over the course of the last 15 years, the company has managed to nearly double its annual revenues, and in 2020 the BSH Group exceeded the 13 billion euros mark for the fifth time in a row. In 2022 this record was broken once again with a rise to 15.9 billion euros in sales

BSH – largest appliance manufacturer in Europe

The BSH Home Appliances Group was founded as a joint venture in 1967 by Bosch and Siemens and has been a wholly owned subsidiary of the Bosch Group since 2015. Today the company, headquartered in Germany, is one of the largest home appliances manufacturers worldwide and the number one in Europe with around 60 thousand employees and 37 production sites worldwide. Some of its major competitors in the global household appliances market are Whirlpool, LG, Midea, Electrolux, Haier, and Groupe SEB.

Major brands and products

The BSH Group sells its appliances products under 11 brand names including Bosch, Siemens, Gaggenau, and Neff. The groups product portfolio includes all kinds of major and small appliances such as dishwashers, washers and dryers, fridges and freezers, cookers, ovens, vacuum cleaners, coffee machines, and food processors. BSH also has a cross-brand product offering for the growing smart appliances market called Home Connect.