SKF's operations are divided into three major departments: Industrial Division, Automotive Division, and Service Division. Each business division serves the global market, focusing on customers and industries related to its specific field.

Established in 1907, SKF has always placed great emphasis on product quality, technological research, and market development. The group has invested heavily in technological research and product development, continuously achieving various inventions and innovations, pioneering new standards in the bearing technology field and introducing new products to the bearing market. Despite the expansion of its scope, SKF still maintains a global leadership position in the design, production, and market development of rolling bearings, as well as in supplementary models and products like seals. SKF has always held an increasingly significant position in the markets for linear motion products, high-precision aerospace bearings, machine tool spindles, and equipment maintenance services.