Company overview
TRUMPF is a global leader in high-precision machine tools and laser systems, serving everything from automotive plants to aerospace suppliers. The company’s hardware portfolio includes 2D and 3D laser cutting machines, TruBend press brakes for high-accuracy bending, TruPunch systems for automated punching, and TruLaser Weld setups for robotic laser welding. TRUMPF also builds additive manufacturing systems like the TruPrint 5000, a metal 3D printer used in sectors such as energy and aerospace. On the software side, its Oseon Smart Factory suite connects machines, material flow, and production planning; while its TruTops software programs, monitors, and optimizes laser and punching operations. Together, these solutions form the backbone of TRUMPF’s “Smart Factory” vision, in which uptime, precision, and efficient material use are maximized through automation and connectivity.
In 2023, TRUMPF introduced “Pay-per-Part,” a usage-based Equipment-as-a-Service (EaaS) model built around its fully automated TruLaser Center 7030. Rather than purchasing or leasing the machine, customers pay only for each finished sheet metal part produced. The model includes remote programming, monitoring, and maintenance, delivered by TRUMPF, with Munich Re as a risk-sharing partner. Customers gain access to high-end automation without the capital outlay or added labor requirements, while TRUMPF benefits from recurring service revenue and data-driven customer insights. Currently, this offering is limited to select European markets—Germany, Austria, the Netherlands, and Switzerland—making it an early but important signal of how HaaS/EaaS models are entering heavy industry.
“With our pay-per-part business model, we are focusing on our customers’ needs like never before,” says Stephan Mayer, CEO for Machine Tools at TRUMPF. “We are helping them combat the shortage of skilled workers in industrial manufacturing and providing them with even more add-on services with which to boost their productivity and competitiveness.”
Customers and target markets
- Caterpillar
- John Deere
- General Motors
- Otis Elevator
- Sub-Zero
Company metrics
- Headquarters:
- Farmington, Connecticut (global HQ in Ditzingen, Germany)
- Company size:
- 1,000+
- Founded:
- 1923
- Industries:
