The auto industry’s top global parts suppliers
See how the world’s biggest suppliers rank in global markets. Read our analysis and highlights.
Automotive News top 100 parts suppliers by OEM sales
Supplier | Country | Total global OE automotive parts sales (dollars in millions) 2023 | Total global OE automotive parts sales (dollars in millions) 2022 | Percent North America 2022 | Percent Eurpoe 2022 | Percent Asia 2022 | Percent rest of world 2022 |
---|---|---|---|---|---|---|---|
1. Bosch Group | Germany | $55,890 | $50,456 | 17% | 41% | 40% | 2% |
2. ZF Friedrichshafen | Germany | $49,709 (f) | $42,106 (f) | 28% | 44% | 24% | 4% |
3. Magna International Inc. | Canada | $42,797 (f) | $37,840 (f) | 48% | 38% | 12% | 1% |
4. CATL | China | $41,365 (fe) | $33,500 (fe) | 10% | 20% | 70% | -% |
5. Denso Corp. | Japan | $40,723 (fe) | $47,900 | 25% | 10% | 63% | 2% |
6. Hyundai Mobis | South Korea | $36,964 | $32,192 | 15% | 13% | 68% | 4% |
7. Aisin Corp. | Japan | $32,698 | $31,228 | 22% | 8% | 68% | 3% |
8. Continental | Germany | $28,743 (fe) | $25,401 (fe) | 27% | 48% | 21% | 4% |
9. Forvia | France | $28,310 (fe) | $26,835 (fe) | 24% | 45% | 28% | 3% |
10. Lear Corp. | USA | $23,467 (f) | $20,892 (f) | 40% | 37% | 19% | 4% |
f = fiscal year , fe = fiscal year estimate,
Source: Automotive News Research & Data Center
Top gainers
Biggest gains in year-over-year global OE automotive parts sales (dollars in millions)
2023 | 2022 | % change | |
---|---|---|---|
SK On Co. | $9,926 (e) | $6,040 (e) |
64.3
|
Motherson Group | $17,675 (f) | $12,302 (f) |
43.7
|
Huizhou Desay SV Automotive | $3,105 (f) | $2,210 (f) |
40.5
|
Zhejiang Sanhua Automotive Components | $1,478 | $1,091 |
35.5
|
Inteva Products | $1,700 (fe) | $1,293 (fe) |
31.5
|
Top decliners
Biggest decliners in year-over-year global OE automotive parts sales (dollars in millions)
2023 | 2022 | % change | |
---|---|---|---|
NSK Ltd. | $2,169 (fe) | $3,134 (fe) |
30.8
|
BASF | $15,300 (e) | $19,500 (e) |
21.5
|
Clarios | $2,107 (fe) | $2,625 (fe) |
19.7
|
Denso Corp. | $40,723 (fe) | $47,900 |
15.0
|
Nifco | $2,047 (fe) | $2,193 (fe) |
6.7
|
e = estimate, f = fiscal year, fe = fiscal year estimate
Source: Automotive News Research & Data Center
Top suppliers to North America
Magna International Inc. |
|
$20,722 (f) |
ZF North America Inc. |
|
$13,968 |
Denso International America Inc. |
|
$10,181 (e) |
Robert Bosch |
|
$9,613 |
Lear Corp. |
|
$9,387 |
Top N.A.-based suppliers
Magna International Inc. |
|
$42,797 (f) |
Lear Corp. |
|
$23,467 |
Adient |
|
$15,395 (f) |
BorgWarner Inc. |
|
$14,198 (f) |
Dana Inc. |
|
$10,555 |
e = estimate, f = fiscal year, fe = fiscal year estimate
Source: Automotive News Research & Data Center
Top Europe-based suppliers
Bosch Group |
|
$55,890 |
ZF Friedrichshafen |
|
$49,709 (f) |
Continental |
|
$28,743 (f) |
Forvia |
|
$28,310 (e) |
Valeo |
|
$20,665 |
Top Asia-based suppliers
CATL |
|
$41,365 (fe) |
Denso Corp. |
|
$40,723 (e) |
Hyundai Mobis |
|
$36,964 |
Aisin Corp. |
|
$32,698 |
Sumitomo Electric Industries: |
|
$17,952 (fe) |
e = estimate, f = fiscal year, fe = fiscal year estimate
Source: Automotive News Research & Data Center
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