KION GROUP AG

Company Snapshot

Founded: 2006
Entity Type: Public
Employees: 42,719
Region: Europe Middle East and Africa (EMEA)
Revenue: $12,448.9 Millions
Revenue Year: 2024
Headquarter: Frankfurt am Main, Germany
Key Geographics: Europe Middle East and Africa (EMEA), Americas, Asia-Pacific
Corporate Address: Thea-Rasche-Strasse 8 60549 Frankfurt am Main Germany Tel. +49-69-2011-00 www.kiongroup.com

Company Overview

The company supplies products under six brands: Linde Material Handling, STILL, Dematic, Baoli, Fenwick, and OM- fuel cell forklifts that lies under Linde and STILL brands.

STILL offers three series of fuel cell systems — 24 V, 48 V, and 80 V — for material handling equipment such as order pickers, tow tractors, high lift pallet trucks, reach trucks and counterbalanced forklift trucks.

Since 2000, Linde Material Handling has been working on the development of fuel cell for forklifts. Linder offers fuel cell forklifts for various applications such as warehouse, food, pharmaceutical, and automotive applications.

It has around 42,000 employees and an installed base of around 1.6 million forklifts across the globe. The company has business footprints in North America, South America, India, South Asia, and others. The company spends around 2% to 3% of its revenue on research and

Financial Highlights (FY 2024)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

This information is available for BCC Research members only.

KION GROUP AG In Reports

Logistics Automation: Global Market Outlook

BCC Research Market Report says global logistics automation market is projected to grow from $33.1 billion in 2022 to $64.2 billion in 2028, at a compound annual growth rate of 11.9%.

Global Fuel Cell Forklift Market

BCC Research Market Report for Fuel Cell Forklift industry. Global fuel cell forklifts market should reach $1.4 billion by 2027 from $427.1 million in 2022 at a CAGR of 26.8% for the forecast period of 2022 to 2027.

Automated Guided Vehicles: Global Market

BCC Research Market Report says automated guided vehicles (AGVs) market should reach $4.0 billion by 2025 from $1.6 billion in 2020 at a (CAGR) of 20.2%.

Company's Business Segments

  • Industrial Trucks and Services : Forklift Trucks, Warehouse Technology, Related Services, Financial Services
  • Supply Chain Solutions : Integrated Technology, Software Solutions, Others
  • Corporate Services : Other service companies that provide services such as IT, General Administration

Applications/End User Industries

  • Logistics and Distribution
  • Food and Beverages
  • Manufacturing
  • Pharmaceuticals
  • Warehouse Automation
  • Industrial and Construction
  • Retail and Wholesale
AI Sentiment