MarkLines Co., Ltd. has compiled a top 30 global supplier list for FY 2016. The rankings are based on sales to the automotive industry (U.S. dollar equivalent, figures include estimates). The top five suppliers on the list are Bosch, Denso, Magna, ZF, and Hyundai Mobis. ZF, which acquired TRW, has emerged from 6th place to 4th place.
As advances continue to be made in ADAS, autonomous driving, and electrification by the automotive industry in general and principal countries, major suppliers are working to respond to changes in the business environment. In order to achieve this, the companies are reevaluating their management strategies and expanding investments to develop new products and services. At the same time, some firms have shown indications that they are working to diversify operations by reviewing management systems reliant on automotive component operations.