Division overview

SKF's business is mainly divided into three divisions, each focusing on specific customer groups worldwide. The divisions are inter-dependent, however, in that they constitute a market within the SKF Group with products, services and know-how on offer to each other to enable any of the divisions to serve its final customers.

Industrial Division

The Industrial Division serves industrial Original Equipment Manufacturer (OEM) customers with product development and production of a wide range of bearings - such as spherical and cylindrical roller bearings, angular contact ball bearings, medium deep groove ball bearings and high precision bearings - as well as lubrication systems, linear motion products, by-wire systems and couplings. The SKF industrial market is divided into around 30 customer segments.

Service Division

The Service Division serves the global industrial aftermarket, mainly via a network of around 7,000 distributors, providing products and knowledge-based services to increase customers' plant asset

efficiency. Solutions include consulting, mechanical services, predictive and preventive maintenance, condition monitoring, decision-support systems and performance-based contracts. The division is also responsible for all SKF's sales in certain smaller markets. SKF Logistics Services supplies logistics services to the SKF Group and external customers.

Automotive Division

The Automotive Division serves manufacturers of cars, light trucks, heavy trucks, buses, two-wheelers and the vehicle service market. In addition, it also serves the market for home appliances, power tools and electric motors. SKF develops and manufactures bearings, seals and related products and service solutions. Products include wheel hub bearing units, tapered roller bearings, small deep groove ball bearings, seals, automotive specialty products and complete repair kits for the vehicle service market, including a range of driveshafts and constant velocity joints.

Learn more about the divisions in the SKF Annual Report