Sales Ranking of Top 30 Suppliers in FY 2014

Top five sales leaders are Bosch, Denso, Magna, Continental and Hyundai Mobis

2015/06/29

Summary

 MarkLines Co., Ltd. has compiled a list of the 30 leading suppliers based on sales to the automotive industry for the fiscal year 2014 (U.S. dollar equivalent, including estimates).

 The top five suppliers on the list are Bosch, Denso, Magna, Continental and Hyundai Mobis. The order remained unchanged from the previous year. All five suppliers recorded steady sales gains in North America, Europe and Asia, with roughly a 5% or more increase from fiscal year 2013. However, Japanese suppliers suffered a year-on-year decline in sales in the U.S. dollar equivalent due to the rapid weakening of the yen. Excluding the effects of foreign exchange rates, Denso recorded a 5.0% year-on-year increase while Aisin Seiki, which ranked sixth on the list, posted a 5.4% increase.

 Each company is enhancing the development of electrical systems and Advanced Driver Assistance Systems (ADAS) as new growth sectors. Bosch opened its new Bosch Center for Research and Advance Engineering in Germany in October 2014 in line with its development strategy to focus on electrical systems, connectivity and autonomous driving. Denso has unveiled a preventive safety system combining a millimeter wave radar and a camera. In recent exhibitions, Bosch and Continental displayed 48V mild hybrid systems and radar sensors compatible with ADAS and cameras. Magna and Valeo have showcased electric superchargers. Japanese suppliers are expanding the lineup of parts for fuel-cell vehicles and hybrid cars.

 On another front, mega suppliers have increased their business restructuring activities. In May 2015, ZF completed the acquisition of TRW Automotive, making ZF the second largest supplier based on the sum of the two companies' 2014 sales. Other examples include the sale of Delphi's thermal (air conditioning) systems business to Mahle, and Visteon's sale of its climate control business to Hankook Tire. Meanwhile, Johnson Controls sold its automotive electronics business to Visteon in July 2014, and announced in June 2015 that it was considering the divestiture of its automotive business. Furthermore, in June 2015 Bosch announced that it would consider the sale of its starter motor and generator business.