Description
Company Report & Profile – Knorr-Bremse AG 2021
Knorr-Bremse AG is the parent company of the Knorr-Bremse Group. The company is the world’s leading manufacturer of braking systems for both rail vehicles and commercial vehicles. Founded in 1905, the company soon rose to become one of the leading manufacturers of braking solutions for rail transport. The company has been able to maintain this market position for the last 110 years and has also expanded into the commercial vehicle sector. While the company’s focus was initially on braking systems for rail transport, it now also primarily offers air conditioning and door systems. The product portfolio in the commercial vehicle sector has also been expanded over the years.
The report analyses the development of the company in the past years, describes the product portfolio, compiles the key figures, describes the organisation and the management level, names the main strategic decisions and implemented measures. Within the framework of strengths and weaknesses analyses (SWOT analyses), market trends are mapped onto the company’s potential and examined.
The following sources of information are used for the ASTRAN Company Reports:
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- annual reports,
- company websites,
- press releases,
- investor presentations,
- analyst ratings,
- ASTRAN Rail Market Data Base.
The ASTRAN Company Reports offer a fundamental insight into the respective company reality and thus create a basis for well-founded entrepreneurial and political decisions. ASTRAN’s many years of industry experience and analytical qualifications allow us to identify existing trends and drivers in the markets and use them to make well-founded forecasts about future company development.
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