[Ranking] TOP 25 Automotive Electronics / Automotive Companies Q3/2023

#25 Allegro MicroSystems

Employees: 2K

Revenue: 800M$

Website: https://www.allegromicro.com

Description: Allegro MicroSystems, headquartered in Manchester, United States, is a leading company in the Automotive Electronics industry. Founded in 1984, the company has a workforce of approximately 2,000 employees. With an annual revenue of 800 million dollars, Allegro MicroSystems specializes in developing and manufacturing integrated circuits and sensor solutions for automotive applications. Their products are used in a wide range of automotive systems, including powertrain, safety, and driver assistance systems. Allegro MicroSystems is committed to providing innovative solutions that enhance vehicle performance, efficiency, and safety.

#24 Gentex

Employees: 5.5K

Revenue: 1.2B$

Website: https://www.gentex.com

Description: Gentex, headquartered in Zeeland, United States, is a leading company in the Automotive Electronics industry. Founded in 1974, Gentex specializes in manufacturing and supplying advanced electronic products for the automotive sector. With a workforce of approximately 5.5 thousand employees, the company has established itself as a prominent player in the industry. Gentex generates an impressive annual revenue of around 1.2 billion dollars. The company's focus lies in developing and producing automotive electronics solutions, including automatic-dimming rearview mirrors, smart mirrors with integrated displays, connected car services, and other innovative technologies for driver assistance and vehicle communication systems. Gentex's commitment to innovation and quality has positioned it as a trusted partner for automotive manufacturers worldwide.

#23 Visteon

Employees: 10.0K

Revenue: 3.2B$

Website: https://www.visteon.com

Description: Visteon is a leading player in the Automotive Electronics industry. Headquartered in Van Buren Township, United States, the company was founded in 2000. With a workforce of approximately 10,000 employees, Visteon specializes in the development and manufacturing of advanced electronics products for automotive applications. The company's innovative solutions include digital instrument clusters, infotainment systems, head-up displays, and advanced driver assistance systems. Visteon's cutting-edge technologies enhance vehicle connectivity, safety, and user experience, catering to the evolving needs of the automotive industry. With annual revenue of 3.2 billion dollars, Visteon continues to be a key player in shaping the future of automotive electronics.

#22 Harman International

Employees: 30K

Revenue: 7.5B$

Website: https://www.harman.com

Description: Harman International is a leading player in the Automotive Electronics industry. Headquartered in Stamford, United States, the company has been providing innovative solutions for the automotive sector since its establishment in 1953. With a workforce of approximately 30,000 employees, Harman International is dedicated to developing cutting-edge technologies that enhance the driving experience. The company offers a wide range of automotive electronics products, including audio and infotainment systems, connected car solutions, and advanced driver assistance systems. Harman International's revenue stands at an impressive 7.5 billion dollars, reflecting its strong presence and success in the industry.

#21 Infineon Technologies

Employees: 46K

Revenue: 8.5B$

Website: https://www.infineon.com

Description: Infineon Technologies, headquartered in Neubiberg, Germany, is a leading player in the Automotive Electronics industry. With over 46,000 employees, the company specializes in providing innovative semiconductor solutions for various automotive applications. Infineon Technologies is renowned for its expertise in power semiconductors, microcontrollers, and sensors, which enable advanced functionalities in modern vehicles such as electric drivetrains, advanced driver assistance systems, and autonomous driving capabilities. The company's reliable and efficient semiconductor technologies contribute to improved energy efficiency, safety, and comfort in the automotive sector. With a revenue of 8.5 billion dollars, Infineon Technologies continues to drive innovation and shape the future of automotive electronics.

#20 Autoliv

Employees: 48K

Revenue: 8.7B$

Website: https://www.autoliv.com

Description: Autoliv is a leading player in the Automotive Electronics industry. Headquartered in Stockholm, Sweden, the company has been operating since 1953. With a workforce of 48,000 employees, Autoliv specializes in developing and manufacturing automotive safety systems, including electronic control units (ECUs), sensors, and software. Their products are designed to enhance vehicle safety and improve the overall driving experience. Autoliv's revenue stands at 8.7 billion dollars, making them a key player in the industry. With a strong focus on innovation and technology, Autoliv continues to drive advancements in automotive electronics and contribute to safer transportation globally.

#19 NXP Semiconductors

Employees: 31.0K

Revenue: 9.4B$

Website: https://www.nxp.com

Description: NXP Semiconductors, headquartered in Austin, United States, is a leading player in the Automotive Electronics industry. With a history dating back to 1953, NXP Semiconductors has established itself as a key provider of semiconductors and embedded solutions for automotive applications. The company's innovative products and technologies power various automotive systems, including advanced driver assistance systems, infotainment systems, and vehicle networking. NXP Semiconductors employs approximately 31,000 professionals worldwide and generates an impressive annual revenue of 9.4 billion dollars. With its commitment to driving automotive innovation, NXP Semiconductors continues to play a vital role in shaping the future of the automotive industry.

#18 Renesas Electronics

Employees: 21K

Revenue: 9.5B$

Website: https://www.renesas.com/

Description: Renesas Electronics, headquartered in Tokyo, Japan, is a leading player in the Automotive Electronics industry. Founded in 2010, the company employs approximately 21,000 employees worldwide. Renesas Electronics specializes in providing advanced semiconductor solutions for the automotive sector, catering to the growing demand for connected, autonomous, and electric vehicles. With a strong focus on research and development, Renesas Electronics offers a wide range of automotive microcontrollers, system-on-chips, and power management ICs, enabling automotive manufacturers to develop innovative and reliable solutions. The company's high-quality products and cutting-edge technologies have established Renesas Electronics as a trusted partner in the automotive industry. With a revenue of 9.5 billion dollars, Renesas Electronics continues to drive technological advancements in the automotive sector, contributing to the growth and transformation of the industry.

#17 BorgWarner

Employees: 30K

Revenue: 10B$

Website: https://www.borgwarner.com/

Description: BorgWarner is a leading global supplier of automotive electronics, specializing in the development and production of innovative technologies for the automotive industry. Headquartered in Auburn Hills, United States, BorgWarner operates in the Automotive Electronics sector, providing advanced solutions for vehicle propulsion systems, powertrain components, and drivetrain technologies. With a history dating back to 1928, the company has established itself as a trusted partner for automakers worldwide. BorgWarner's extensive range of products includes electric motors, power electronics, starter motors, alternators, and various control modules. With a workforce of approximately 30,000 employees, the company generates annual revenues of around 10 billion dollars, making it a key player in the automotive electronics industry.

#16 STMicroelectronics

Employees: 46K

Revenue: 10.2B$

Website: https://www.st.com

Description: STMicroelectronics, headquartered in Geneva, Switzerland, is a leading player in the Automotive Electronics industry. Founded in 1987, the company has grown to employ approximately 46,000 people worldwide. With a revenue of 10.2 billion dollars, STMicroelectronics designs, manufactures, and markets a broad range of automotive electronic components and systems, catering to various applications such as powertrain, safety, body and convenience, and infotainment. The company's innovative solutions are trusted by automotive manufacturers globally, helping to enhance vehicle performance, safety, and connectivity. STMicroelectronics remains at the forefront of technological advancements in the automotive industry, continuously driving innovation and contributing to the development of smarter and more sustainable vehicles.

#15 TE Connectivity

Employees: 80K

Revenue: 14B$

Website: https://www.te.com/

Description: TE Connectivity is a leading global provider of automotive electronics solutions. Headquartered in Berwyn, United States, the company specializes in the design and manufacturing of advanced connectivity and sensor solutions for the automotive industry. With a workforce of approximately 80,000 employees, TE Connectivity is committed to delivering innovative solutions that enhance vehicle performance, safety, and efficiency. The company's product portfolio includes connectors, sensors, harnesses, and control modules that enable seamless integration of electronics in vehicles. TE Connectivity's revenue in 2020 amounted to 14 billion US dollars, solidifying its position as a key player in the automotive electronics industry.

#14 Texas Instruments

Employees: 30K

Revenue: 14.4B$

Website: https://www.ti.com

Description: Texas Instruments (TI), headquartered in Dallas, United States, is a leading player in the Automotive Electronics industry. Founded in 1930, TI has grown to become a major supplier of semiconductors and solutions for automotive applications. With a workforce of approximately 30,000 employees, TI offers a wide range of automotive electronics products, including microcontrollers, processors, sensors, and power management solutions. These technologies enable advanced features and functionalities in vehicles, such as autonomous driving, infotainment systems, and advanced driver assistance systems (ADAS). With annual revenue of 14.4 billion dollars, TI continues to innovate and drive the automotive industry forward with its cutting-edge semiconductor solutions.

#13 Aptiv

Employees: 147K

Revenue: 14.4B$

Website: https://www.aptiv.com/

Description: Aptiv is a leading Automotive Electronics company based in Troy, United States. Since its founding in 1994, Aptiv has grown to become a major player in the automotive industry, providing innovative electronic solutions for vehicles. With a workforce of approximately 147,000 employees, Aptiv is committed to delivering cutting-edge technologies that enhance safety, connectivity, and sustainability in the automotive sector. The company's revenue stands at an impressive 14.4 billion dollars, reflecting its strong market presence and successful business operations. Aptiv continues to drive advancements in automotive electronics, shaping the future of mobility.

#12 Valeo

Employees: 113K

Revenue: 19.5B$

Website: https://www.valeo.com

Description: Valeo, headquartered in Paris, France, is a leading player in the Automotive Electronics industry. Founded in 1923, the company has grown to become a key supplier of innovative automotive technologies. With a workforce of approximately 113,000 employees worldwide, Valeo focuses on developing cutting-edge solutions in areas such as electrification, autonomous driving, and digital mobility. The company's wide range of products includes advanced driver assistance systems, powertrain systems, lighting technologies, and thermal systems. With annual revenues of 19.5 billion dollars, Valeo continues to drive advancements in the automotive industry by delivering intelligent and sustainable solutions.

#11 Delphi Technologies

Employees: 160K

Revenue: 20B$

Website: https://www.delphi.com

Description: Delphi Technologies is a leading global provider of automotive electronics, operating in the Automotive Electronics industry. Headquartered in Troy, United States, the company was founded in 1994. With a workforce of approximately 160,000 employees, Delphi Technologies specializes in developing and manufacturing advanced electronic systems and software solutions for vehicles. The company's expertise lies in powertrain systems, including engine management, fuel injection, and hybrid and electric vehicle systems. Delphi Technologies' products are utilized by major automotive manufacturers worldwide to enhance vehicle performance, efficiency, and safety. With an annual revenue of 20 billion dollars, the company continues to innovate and shape the future of the automotive industry.

#10 Aisin Seiki

Employees: 120K

Revenue: 30B$

Website: https://www.aisin.com/

Description: Aisin Seiki is a leading company in the Automotive Electronics industry. With its headquarters in Kariya, Japan, the company has been operating since 1965. Aisin Seiki employs approximately 120,000 employees worldwide, making it one of the major players in the industry. The company generates an impressive revenue of 30 billion USD. Aisin Seiki specializes in the manufacturing of automotive electronics components, including navigation systems, audio systems, and vehicle control systems. With its commitment to innovation and quality, Aisin Seiki continues to be a key contributor to the advancement of the automotive industry.

#9 ZF Friedrichshafen

Employees: 160K

Revenue: 36B$

Website: https://www.zf.com

Description: ZF Friedrichshafen is a leading player in the Automotive Electronics industry. Headquartered in Friedrichshafen, Germany, the company has been operating since 1915. With a workforce of approximately 160,000 employees, ZF Friedrichshafen is known for its expertise in developing and manufacturing automotive electronics solutions. The company offers a wide range of products and systems, including sensors, control units, and electronic modules, that are essential for various automotive applications. ZF Friedrichshafen's commitment to innovation and quality has made it a trusted partner for many automakers around the world. With an annual revenue of around 36 billion dollars, ZF Friedrichshafen continues to drive advancements in automotive electronics, contributing to the development of safer, more efficient, and sustainable vehicles.

#8 Magna International

Employees: 168K

Revenue: 39.4B$

Website: https://www.magna.com

Description: Magna International, headquartered in Aurora, Canada, is a leading company in the Automotive Electronics industry. With a history dating back to 1957, Magna has established itself as a key player in the sector. The company employs approximately 168,000 individuals worldwide, contributing to its success and global reach. Magna's revenue stands at an impressive 39.4 billion US dollars, highlighting its financial strength and market position. Through its expertise in automotive electronics, Magna provides innovative solutions and technologies that enhance vehicle performance, safety, and connectivity. With a commitment to excellence and a customer-centric approach, Magna continues to drive advancements in the automotive industry.

#7 Continental

Employees: 230K

Revenue: 44B$

Website: https://www.continental-automotive.com/

Description: Continental is a leading automotive electronics company headquartered in Hanover, Germany. With a history dating back to 1871, the company has established itself as a key player in the automotive industry. Continental specializes in the development and production of advanced electronics systems for vehicles, including control units, sensors, and software solutions. The company's innovative technologies contribute to the advancement of autonomous driving, electric mobility, and connected vehicles. With a workforce of approximately 230,000 employees, Continental generated a revenue of 44 billion dollars in the latest fiscal year. As a global leader in automotive electronics, Continental continues to drive innovation and shape the future of the automotive industry.

#6 Mitsubishi Electric

Employees: 145K

Revenue: 45B$

Website: https://www.mitsubishielectric.com/

Description: Mitsubishi Electric, headquartered in Tokyo, Japan, is a leading player in the Automotive Electronics industry. With a history dating back to 1921, the company has established itself as a key innovator in this sector. Mitsubishi Electric boasts a workforce of approximately 145,000 employees worldwide, who contribute to its success in developing cutting-edge automotive electronic solutions. The company's revenue stands at an impressive 45 billion dollars, a testament to its strong market presence and customer demand for its products and services. Mitsubishi Electric continues to push boundaries and deliver advanced technologies that enhance automotive safety, performance, and efficiency.

#5 Denso

Employees: 170K

Revenue: 48B$

Website: https://www.denso.com/

Description: Denso is a leading player in the Automotive Electronics industry. Headquartered in Kariya, Japan, the company was founded in 1949. With a workforce of approximately 170,000 employees, Denso operates globally and is known for its innovative automotive technologies. The company specializes in manufacturing and supplying advanced electronic components and systems for vehicles, contributing to the development of safer, smarter, and more efficient automobiles. Denso's products range from sensors and control modules to navigation systems and infotainment solutions, providing seamless integration of cutting-edge technologies into vehicles. With a revenue of 48 billion dollars, Denso continues to be a major player in the Automotive Electronics industry, driving innovation and shaping the future of mobility.

#4 LG Electronics

Employees: 75K

Revenue: 57B$

Website: https://www.lg.com

Description: LG Electronics, headquartered in Seoul, South Korea, is a leading player in the Automotive Electronics industry. Founded in 1958, LG Electronics has grown to become a global leader in the automotive sector, providing innovative solutions and cutting-edge technologies. With a workforce of 75,000 employees, LG Electronics is committed to delivering high-quality automotive electronics products and services. The company's revenue stands at a staggering 57 billion dollars, a testament to its success and market dominance. LG Electronics continues to push the boundaries of automotive technology, offering state-of-the-art solutions for the ever-evolving automotive industry.

#3 Panasonic

Employees: 270K

Revenue: 76B$

Website: https://www.panasonic.com/

Description: Panasonic, headquartered in Osaka, Japan, is a leading player in the Automotive Electronics industry. With a rich history dating back to 1918, the company has established itself as a pioneer in the field. Panasonic boasts a workforce of approximately 270,000 employees globally, making it one of the largest employers in the industry. The company's revenue stands at an impressive 76 billion US dollars, a testament to its success and market presence. Panasonic's dedication to innovation and technological advancements has positioned it as a trusted provider of automotive electronics solutions, catering to the evolving needs of the automotive industry.

#2 Bosch

Employees: 400K

Revenue: 78B$

Website: https://www.bosch.com

Description: Bosch, headquartered in Stuttgart, Germany, is a leading player in the Automotive Electronics industry. Founded in 1886, the company boasts a workforce of approximately 400,000 employees worldwide. With a revenue of 78 billion dollars, Bosch has established itself as a major player in the automotive sector, offering a wide range of electronic solutions. The company specializes in developing cutting-edge technologies for the automotive industry, including advanced driver assistance systems, infotainment systems, and connected car services. With its commitment to innovation and quality, Bosch continues to shape the future of automotive electronics and contribute to the advancement of the automotive industry globally.

#1 Samsung Electronics

Employees: 300K

Revenue: 221B$

Website: https://www.samsung.com/

Description: Samsung Electronics, headquartered in Seoul, South Korea, is a leading player in the Automotive Electronics industry. With a history dating back to 1969, the company has established itself as a key player in the global automotive market. Samsung Electronics employs approximately 300,000 employees worldwide, making it one of the largest companies in the industry. The company has achieved remarkable success in terms of revenue, with an estimated annual revenue of 221 billion US dollars. With its cutting-edge technology and innovative solutions, Samsung Electronics continues to drive advancements in the automotive electronics sector.

The analysis of the top companies in the Automotive Electronics sub-industry has provided several key takeaways. In terms of rankings, the top companies include Bosch, Continental, Denso, Delphi Automotive, and Magna International. These companies have achieved significant accomplishments in the field of automotive electronics, such as developing advanced driver assistance systems, electric vehicle technologies, and connected car solutions.

One outstanding finding is the rapid growth of the automotive electronics market, which is driven by the increasing demand for smart and connected vehicles. Another unexpected finding is the rising importance of software and data analytics in automotive electronics, as companies are leveraging these technologies to enhance vehicle performance, safety, and user experience.

The premier companies in the Automotive Electronics sub-industry are Bosch, Continental, Denso, Delphi Automotive, and Magna International. These companies have established themselves as leaders in the field and have a strong presence globally.

A shared element among these leading firms is their focus on innovation and research and development. They invest heavily in developing cutting-edge technologies to stay ahead of the competition. Additionally, these companies have strong partnerships with automakers and collaborate closely to integrate their electronics solutions into vehicles.

What sets these eminent companies apart from their industry rivals is their ability to provide comprehensive solutions. They offer a wide range of automotive electronics products and services, including sensors, control units, infotainment systems, and software. Moreover, they have a global footprint, allowing them to serve customers in various regions and cater to the specific needs of different markets.