The leading global automotive suppliers based on revenue 2019

With mobility segment revenue of around 52 billion U.S. dollars, Bosch was ranked first. Bosch began to rise up through the ranks in 2014, when the company acquired ZF Friedrichshafen's steering systems. This move helped ZF seal a deal to acquire Michigan-based TRW. Following the takeover by Germany's ZF Friedrichshafen, TRW and ZF will have combined revenue of around 30 billion euros or a little over 40 billion U.S. dollars. In 2016, other corporate actions included Johnson and Johnson's automotive seating business spin-off, which is henceforth known as Adient.

The leading automotive suppliers worldwide

Although motor vehicles are typically sold under a brand name, virtually all automotive manufacturing companies restrict themselves to designing and assembling automotive parts or component groups, most of which are provided by external suppliers. The auto parts that are likely to be manufactured by automotive supplier firms include exteriors, interiors and air conditioning components, electrical and electronic equipment, vehicle chassis and powertrains.

In light of growing environmental awareness and an increasing desire to connect vehicles to the internet, automotive suppliers are faced with a variety of new challenges. Market trends such as the shift to lighter materials, as well as the trend towards electric vehicles and alternative fuel powertrains are set to shake up the automotive industry. It is expected that automotive suppliers will respond to changing market trends by increased spending on research and development activities.

The leading global automotive suppliers in FY 2019, based on revenue

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Sources

Release date

April 2020

Region

Worldwide

Survey time period

FY 2019

Supplementary notes

Bosch* Mobility solutions segment figure only; fiscal year ended December 31, 2019; value has been converted from euros to U.S. dollars at an exchange rate of 1 EUR = 1.057 USD (correct as of March 31, 2020)
Continental Fiscal year ended December 31, 2019; value has been converted from euros to U.S. dollars at an exchange rate of 1 EUR = 1.057 USD (correct as of March 31, 2020)
Magna Fiscal year ended December 31, 2019
Denso Fiscal year ended December 31, 2019; value has been converted from euros to U.S. dollars at an exchange rate of 1 JPY = 0.00927 USD (correct as of March 31, 2020)
ZF Friedrichshafen Fiscal year ended December 31, 2019; value has been converted from euros to U.S. dollars at an exchange rate of 1 EUR = 1.057 USD (correct as of March 31, 2020)

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Statistics on "Automotive industry worldwide"

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