Martin Placek
Research expert covering transportation and electronics
Liebherr - statistics & facts
Originating as a tower crane manufacturer, Liebherr Group has since expanded its operations into manufacturing cranes and aerial platforms, earthmovers, concrete handling equipment, machine tools, automatic systems, household appliances, material handling equipment and mining equipment. The company was founded in Germany, but has since moved its headquarters to Bulle, Switzerland. Liebherr currently employs a workforce of almost 54,000 employees worldwide, the majority of which were based in European countries such as Germany and Austria, as well as in Australia and Asia.
Liebherr's financial performance
In the fiscal year of 2023, Liebherr reported global sales and revenue streams of around 14 billion euros. Iin terms of geography, the family-run firm generated the largest share of its revenue from activities in European countries not belonging to the EU. The mobile and crawler cranes segment contributed with around 3.5 billion euros, making it the largest source of revenue in the fiscal year of 2023. That same year, Liebherr made investments of over one billion euros.Liebherr's competitors
The Liebherr Group is ranked as one of the leading construction and mining equipment makers worldwide. Caterpillar, Komatsu, Volvo and Hitachi are counted among the company’s main competitors. In 2023, the U.S.-based Caterpillar reported a revenue of more than 27 billion U.S. dollars from its sales of construction machinery.
