Research and Development

PALFINGER is seen worldwide as the innovation and technology leader in its industry. This did not happen by chance. The company has always focused on the continuous development of its products.

In 2023, PALFINGER spent EUR 95.9 million on research and development (Cash out) (2022: EUR 84.8 million), which corresponds to 3.9 percent of total revenue (2022: 3.8 percent).

In 2022, the first machines in the new TEC range of the loader crane product line with the new Paltronic 180 control generation were launched. These include various new assistance functions, such as leveling assistant or crane tip control. In 2023, the entire TEC series was further completed, exemplifying PALFINGER's innovation leadership in the market.

With Generation 3, the forestry and recycling crane product line delivered the first crane generation fully equipped with sensors. This technology enables new functions such as Smart Control, which is an intelligent crane tip control system. Above all, this simplifies controllability for the customer. Thanks to its integrated central lubrication system, Generation 3 also sets new standards in terms of ease of servicing.

In 2023, PALFINGER introduced a new range of heavy-duty hookloaders to replace the previous models. The new generation is characterized by a completely new concept for heavy-duty containers. This is capable of transporting containers up to nine meters long and weighing up to 30 tons.