Siemens Statistics By Revenue, Region, Net Income And Assets

Introduction

Siemens Statistics: Siemens is a German multinational tech company focused on industry automation, distributed energy resources, and health technology. It is the largest industrial manufacturing company in Europe. On a global scale, it is the market leader in industrial automation and software. T

he origins of this tech powerhouse can be traced back to the 19^th century.  Siemens statistics show that since 1966, there has been a corporation merger between Siemens & Halske, Schuckert, and Reiniger-Werke.  With this article, we will go through the extent to which Siemens has transformed the tech industrial ecosystem.

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• Siemens is the largest industrial manufacturing company in Europe.
• The global market revenue of industry control and factory automation is predicted to reach USD 339.56 billion by the end of 2026.
• Siemens statistics reveal that it hired 303,000 people in 2021.
• Siemens invested 4.9 billion Euros in R&D during 2021.
• Siemens is the world’s fourth-largest medical technology company globally.
• Siemens generates the highest revenue in the regions of Europe, Eurasia, Middle East and Africa.

Global Automation Industry Market Size

(Reference: Statista.com)

• Siemens statistics reveal that the automated industry is expected to generate revenue of $214 billion.
• Among the different categories, process automation shows a growth of over $83 billion from its 2020 level.
• By 2021, industrial software alone was worth $41.7 billion.
• With the rise of technological marvels such as AI, the growth of automated systems is expected to rise holistically.
• Automation-based innovations are expected to lead the annual autonomous vehicle sales revenue by 4.5 million units by 2035.

Siemens Annual Revenue

(Reference: Statista.com)

• The Siemens statistics reveal that there has been considerable growth in revenue between the period 2019 to 2022.
• < UNK> In 2019, the revenue was steady at $8,433 million, but it dipped to $5,254 million in 2020, mainly due to the COVID-19-induced recession.
• However, as shown in the graph, in subsequent years, the revenue was $62,265 million in 2021 and $71,977 million in 2022.
• Accordingly, Siemens’ revenue is expected to remain strong in the coming years.

Siemens Revenue By Region

(Reference: Statista.com)

• While referring to Siemens statistics, it is evident that maximum revenue is generated from Europe, Eurasia, the Middle East, and Africa, with 31,338 million euros in FY 2021.
• Americas is 2^nd highest with 16,382 euro revenue in FY 2021.
• Asia and Oceania have the 3rd highest revenue, with 14815 Euros in FY 2021.

Siemens Employees Statistics

(Reference: Statista.com)

• While referring to Siemens statistics one can infer the reduction in the number of employees since 2020.
• In 2019, the number of employees in Siemens reached a peak of 383k.
• Since then, there has been a reduction in the number of employees, with 293k in 2020 and 303k in 2021.
• Automation and recession in Germany’s economy could be attributed to some of the main reasons behind the reduction of the workforce of Siemens.

Leading Health Care Companies

(Reference: Statista.com)

• By referring to the Siemens statistics, it is evident that Siemens is among the top medical technology companies.
• Abbot is the leader in medical technology, with $31.27 billion in annual revenue.
• It is followed by Medtronic Inc., Johnson, and Johnson, with $31.23 billion and $27.43 billion.
• Siemens is in 4^th position with $21.13 billion.

World’s Largest Conglomerate

(Reference: Statista.com)

• Siemens ranks among the top conglomerates in the world.
• Reliance is the largest conglomerate with a market value of $189.19 billion.
• It is followed by Danaher, Raytheon Technologies, and Honeywell International with $178.9 billion, $141.12 billion, and $132.08
• The Siemens statistics reveal that it is the world’s 5^th largest conglomerate with a market value of $130.65 billion as of 2023.

Siemens Net Income

(Reference: Statista.com)

• If you refer to Siemens statistics, one may find a gradual increase in the net income between the period FY 2019 to FY 2021.
• The income peaked at 6,697 euros after a dip in FY 2020 with 4,200 euros from 5,648 euros in 2019.

Siemens Total Assets

(Reference: Statista.com)

• Referring to Siemens Statistics, one can infer that there has been a gradual fluctuation in the net worth of total assets in recent years.
• Between the period (2018 – 2021), siemens reached the highest asset net worth with 150.2 billion euros during the FY 2019.
• After getting a significant dip in net worth in 2020 at 123.9 euros, the company showed a significant recovery with 139.6 euros in FY 2021.

Siemens Revenue By Segment

(Reference: Statista.com)

• If one refers to Siemens statistics, one will find four significant segments contributing to Siemens’ revenue: Siemens Health Care, Digital Industries, Smart Infrastructure, and Mobility.
• In the case of health care, there was a rise in revenue of 17,997 euros in 2021 from 14,460 euros in 2020.
• In digital industries, revenue rose from 14,997 euros in 2020 to 16,514 euros in 2021.
• In the case of intelligent infrastructure, the revenue increased from 14,323 euros in 2020 to 15,015 euros in 2021.
• Regarding mobility, the revenue remained somewhat stable, at 9,052 Euro in 2020 and slightly rose to 9,232 Euro in 2021.

Siemens Healthineers Revenue

(Reference: Statista.com)

• Based on Siemens Statistics, Siemens' revenue for the health sector has increased significantly.
• While in FY 2023, the revenue was just 7 billion Euro in 2023, it recorded a revenue of 21.68 Billion Euro.
• This growth in revenue showcases positive signs of further growth in Siemens's healthcare sector.

Siemens Environmental Portfolio Status

(Reference: Statista.com)

• Referring to Siemens statistics, it can be easily inferred that the environment wing has had significant revenue till 2020.
• In 2020, it reached a peak revenue of 37.1 billion euros.
• However, in 2021, the revenue level reached an overall low of 19.1 billion Euros.

Robotics Industry Turnover In Germany

(Reference: Statista.com)

• Siemens, a pioneer in the robotics and automation industry in Germany, has had a pivotal role in the industry's growth.
• In 2002, the turnover of the robotics industry in Germany was a meager 6.1 Billion Euros.
• By the end of 2024, the revenue is predicted to reach a peak of 16.5 billion Euros.

Industry Control And Factory Automation Price

(Reference: Statista.com)

• The growth of Siemens tech center can be correlated to the development of industry control and the factory automation industry in Germany.
• In 2020, the industry control and factory automation sector had a market size of $194.67 billion.
• By the end of 2023, the market size of the tech industry of Germany reached $257.1 Billion.
• It is predicted by the end of 2026 the market size of this industry will be $339.56 billion.

Siemens AG Employee Statistics

(Reference: Statista.com)

• Siemens employees can be categorized into multiple categories based on their segmentation.
• Accordingly, 72.7k employees are assigned to digital sectors.
• The Siemens statistics reveal that 70.4k employees are at intelligent infrastructure.
• Likewise, in Siemens Healthineers, Mobility, portfolio, and financial services, there are 66.1k, 39.6k, 15.1k, and 2.9k employees.

Research And Development Indicators Of Siemens

(Reference: Statista.com)

• The amount invested in Research and development is a key indicator of the company's success.
• Based on Siemens statistics, 43.4 patents have been granted.
• The average number of R&D employees in Siemens is 42.5k.
• The R&D intensity is 7.8% as of FY 2021.
• The amount invested in R&D is 4.9 billion Euros.

Siemens Energy Revenue

(Reference: Statista.com)

• If one looks at the statistics of Siemens Energy, one will find that its revenue has grown consistently.
• 2020 the revenue was 27,457 euros, reaching 31,119 euros in 2023.
• This graph represents the growth of Siemens Energy, which has been slow but steady.

Siemens Energy Revenue By Segment

(Reference: Statista.com)

• Referring to Siemens statistics, the revenue of Siemens energy section can be categorized into four categories: Ga services, Gamesa renewable energy, grid technologies, and industry transformation.
• In respective sectors, Siemens Energy generated revenue of 10,915 million Euro, 9,092  million  Euro, 7,181 million Euro, and  4,429 million Euro, totaling 31,627 million Euro.

Siemens Revenue By Region

(Reference: Statista.com)

• Referring to Siemens Statistics, one can infer the revenue of Siemens Energy is different across sectors.
• In Europe, Africa, and the Middle East region, Siemens generated revenue of 14,078 Million Euro
• In America alone, the revenue generated was 8,050 euros; in Asia, along with the Oceania region, the revenue amounted to 6,354 million Euros.

Siemens's Newly Installed Energy Capacity

(Reference: Statista.com)

• Siemens statistics reveal Siemens' gradual increase in energy capacity.
• In 2012, Siemens's energy revenue was 2,119 GW.
• By the end of 2022, Siemens' newly installed energy capacity was 9,810 GW.
• During the period of (2012 – 2022), the peak revenue was reached in 10,164 GW.

Global Electronics Industry Growth Rate

(Reference: Statista.com)

• The global electronic industry has witnessed great growth in recent years.
• In 2020, the industry experienced a -3% negative growth in Europe and America and only showed signs of growth in Asia, with 1% leading to a net growth rate of 0%.
• By the end of 2022, Siemens statistics reveal that the growth rate for all regions showed promising signs for the future with a global growth rate of 6% that can be segmented to 6%, 5%, and 7% growth in Europe, the Americas, and Asia.

Siemens Overview

Siemens, a global leader in industrial automation, digitalization, and smart infrastructure, has shown strong financial performance in 2023, with continued growth expected into 2024. In 2023, Siemens reported a revenue of approximately $94 billion US dollars, representing a year-on-year increase of 6%. This growth was primarily driven by the strong performance of its Digital Industries and Smart Infrastructure divisions, which together accounted for more than 60% of the company’s total revenue.

In 2024, Siemens is projected to see a further increase in revenue, with expectations set around $98 billion US dollars, reflecting a growth rate of approximately 4%. This growth is expected to be fueled by the increasing demand for automation and digitalization solutions, particularly in sectors such as manufacturing, energy, and transportation. The Digital Industries division, which focuses on automation and digitalization technologies, is expected to maintain its robust performance, contributing around 35% of Siemens' total revenue.

In terms of profitability, Siemens' operating profit margin stood at 15% in 2023, reflecting its strong operational efficiency and cost management. For 2024, the operating profit margin is anticipated to improve slightly, reaching around 15.5%, driven by continued efficiency improvements and higher-margin product offerings. This improvement is expected to positively impact Siemens' bottom line, with net income projected to exceed $7.5 billion US dollars in 2024, up from $7 billion US dollars in 2023.

The company’s investments in research and development (R&D) also play a crucial role in its growth strategy. In 2023, Siemens invested approximately $6 billion US dollars in R&D, representing around 6.4% of its total revenue. This investment is expected to increase to $6.2 billion US dollars in 2024, maintaining a similar percentage of revenue. These investments are primarily directed towards advancements in digitalization, automation, and sustainable technologies, which are key growth areas for the company.

Conclusion

Siemens has established itself to become a global leader in industrial automation. If one looks at Siemens statistics one can have comprehensive information on the company’s journey from a small tech company during the 19^th century to one of the leading names in the tech industry in 2024.

By going through the information on the company one can get an idea of the company’s robust position across various sectors. Going forward, Siemens statistics reveal that the company is well positioned to be the leader in upcoming trends of globalization and will play a crucial role in transforming the technological landscape for the time to come.

Joseph D'Souza

Joseph D'Souza founded Smartphone Thoughts in 2003 as a personal project to share his insights and experiences with tech gadgets. Over time, it has grown into a well-regarded tech blog, known for its in-depth smartphone reviews and app-related statistics. Joseph is dedicated to providing detailed, well-researched content, including statistics, facts, charts, and graphs, all verified by experts. His goal is to make technological innovations and scientific discoveries easy to understand for everyone. Smartphone Thoughts is now a top source for tech news, appreciated by both tech enthusiasts and beginners.

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