The product segment is actively helping to shape megatrends such as digitalisation and connectivity through the development of its own Internet of Things (IoT) solutions and by establishing strategic partnerships. In addition to the various services provided by the Test Centre for Electronics, Liebherr also offers electronic manufacturing services (EMS) to its customers. The new SMD manufacturing testing system and the implementation of new test concepts have produced quality improvements and reduced lead times in electronic component manufacturing.

Innovative hydraulic cylinder solutions for mobile cranes were also a standout feature of the year. The grant of a new patent enabled Liebherr to implement a cylinder piston design, which allows for the production of a hybrid version with carbon fibre reinforced plastic (CFRP). New simulators were also fitted with the friction-optimised cylinder solutions. For the first time, the Liduro frequency converter system was designed as a complete control system with integrated LES 300 energy storage for use with fuel cells. Furthermore, the development of alternative injection concepts to be used for green hydrogen and synthetic fuels began.

Work on a new components plant began in China to meet demand from the Asian market. In addition, preparations for gearbox assembly in India were initiated. Liebherr is also using new manufacturing technologies and equipment to continue rolling out the production of slewing bearings for high-output onshore and offshore wind turbines.

The product segment anticipates an upturn in future sales, partially due to a new partnership agreement on the supply of V12 gas engines for a prestigious global power company.