Off-highway - 4% of net sales 2016

Market overview

Increasing urbanization continues to drive demand for earthmoving, tunneling, road building and other construction equipment. The need for greater food supply and increased mechanization in developing economies is also driving demand for agricultural machinery.

Common challenges in construction and agricultural industries include developing machines that enable increased productivity, reduced operating costs and reduced emissions to soil, air and water. All off-highway segments, including construction, agriculture, forestry and fork lift trucks, are affected by stricter safety and environmental legislation, as well as fuel price pressure. Consequently, there is an increasing demand for electric, hybrid, or traditional drivetrains and products, which weigh less, are more efficient and have integrated wireless technology linking the equipment, managers, operators, dealers and OEMs together.

SKF’s offer and role in the market

SKF supplies manufacturers, distributors and end-users with a wide range of solutions across the SKF platforms covering bearings, seals, lubrication systems as well as actuators. For optimizing efficiency in drivetrains, SKF’s application engineering experience and internally developed simulation tools, enable quick, accurate assessment of real-life fuel efficiency and CO2 emission reduction. SKF’s solutions also use the appropriate bearings and seals that support friction reduction and downsizing. One example is the new generation of SKF Mudblock cassette seals for oil-lubricated wheel-end applications. The design extends the seal service life by preventing the ingress of contaminants and by retaining the lubricant inside the bearing. It can also reduce friction by up to 20% compared with equivalent products on the market. This provides customers with better asset reliability and increased efficiency. To meet the demand for electric and hybrid drivetrains, SKF develops solutions for electric motors and generators. One example is SKF’s hybrid and INSOCOAT product portfolio, protecting equipment from electric erosion.

SKF logo