HomeRoboticsBeckhoff Automation income drops 33% in 2024 to €1.17B

Beckhoff Automation income drops 33% in 2024 to €1.17B


Beckhoff Automation income drops 33% in 2024 to €1.17B

Beckhoff’s product vary covers industrial PCs, I/O and fieldbus elements, drive know-how, automation software program, management cabinet-free automation, and {hardware} for machine imaginative and prescient. | Supply: Beckhoff Automation

Beckhoff Automation this month reported gross sales of €1.17 billion within the 2024 monetary yr, which is equal to round $1.33 billion. This was a pointy decline of 33% in contrast with the corporate’s 2023 annual results of €1.75 billion.

The Verl, Germany-based industrial automation supplier stated it anticipated this decline in gross sales after a increase from 2021 to 2023. Throughout these years, Beckhoff noticed 80% cumulative progress. A big market correction adopted this development in 2024.

“That is my sixth disaster in 45 years of enterprise, and virtually all of them have adopted a really related sample,” acknowledged Hans Beckhoff, proprietor and managing director of Beckhoff Automation. “You may make sure that there will probably be a restoration, however it’s a must to deal with the disaster head-on and see it as a possibility for innovation and optimization!”

Industrial robotic gross sales within the U.S. had been gradual final yr, based on the Affiliation for Advancing Automation (A3). Equally, the Worldwide Federation of Robotics (IFR) warned in January 2025 that Germany’s robotics business had “misplaced competitiveness.”

Beckhoff stated its technological achievements embody the PC-based management know-how idea, the bus terminal, and the ultra-fast EtherCAT communication system that’s now a global normal. In addition they embody the XTS and XPlanar product-transport methods and the MX-System as a pluggable system for management cabinet-free automation.

Beckhoff expands U.S. presence

In September 2024, Beckhoff opened a brand new regional workplace within the higher Atlanta space. It stated this new facility will enhance its gross sales, help, and coaching capabilities.

The corporate at the moment has a presence in additional than 75 nations through its subsidiaries, consultant workplaces, and distributors. With U.S. headquarters in Savage, Minn., Beckhoff plans to make focused investments in its native market presence. It additionally plans to strengthen its world place in progress markets and sustainable future markets, such because the power provide sector.

Beckhoff stated it already provides clever automation and measurement know-how for power distribution, switch, and storage. It permits all power flows to be recorded and power methods to be managed.

The corporate acknowledged that geopolitical uncertainty is posing extra challenges this yr. Nonetheless, incoming orders are at the moment displaying indicators of restoration, it claimed.


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R&D, world attain may enhance future gross sales

Trying forward, Beckhoff stated it believes it has already bottomed out. The family-run know-how firm plans to proceed specializing in steady innovation and high-tech engineering so as to lay the muse for future progress.

“Our prospects’ warehouses are slowly emptying, and we count on them to have used up their additional shares by the primary quarter of 2025, on the newest,” predicted Hans Beckhoff.

The corporate is planning new product launches for software program and PC-based management know-how. Its analysis and improvement capabilities are boosted by its 5,300 staff worldwide, together with about 2,000 engineers. As well as, Beckhoff invests €80 million ($90.9 million U.S.) per yr in R&D.

“We’re intent on additional increasing our place as a world automation know-how firm,” added Hans Beckhoff. “We stay devoted to our mission of evolving our portfolio with robust developments yearly and introducing revolutionary new know-how each 5 to seven years.”

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