Top 100 Global Automotive Parts Suppliers for 2023

Automotive News has released its 2023 Top 100 Global Automotive Parts Suppliers ranking, based on each manufacturer’s 2022 automotive OEM revenue. Bosch, Denso, ZF, and Magna once again secured the top four spots. Chinese company CATL made its debut in the top ten, landing at fifth place.

With the rapid growth of the global electric-vehicle market, for the first time a number of major EV-battery manufacturers have made the list. This year’s ranking includes 11 new entrants: CATL, Aptiv, Samsung SDI, Adient, Joyson Electronics, STMicroelectronics, Ningbo Huaxiang Electronics, Nifco, Jingcheng Industrial Automotive Systems, Autokiniton, and Autoliv. Several larger component suppliers were not included on the list because they did not submit the required data.

Japan tops the list with 22 companies, followed by the United States with 18 and Germany with 15. China (including Hong Kong) has 13 firms in the top 100: CATL (No. 5), Yanfeng (No. 17), Joyson Electronics (No. 40), Beijing Hainachuan (No. 48), CITIC Dicastal (No. 50), Johnson Electric (No. 76), Ningbo Huaxiang Electronics (No. 78), Minth Group (No. 82), Nobo Automotive Systems (No. 84), Desay SV (No. 89), Jingcheng Engineering Automotive Systems (No. 93), Ningbo Top Group (No. 94), and Anhui Zhongding Sealing Components (No. 95).

Rank Company Headquarters 2022 Automotive Components Revenue

1. Robert Bosch, Germany: USD 50.456 billion
2. Denso Corp., Japan: USD 47.9 billion
3. ZF Friedrichshafen, Germany: USD 42.106 billion
4. Magna International Inc., Canada, USD 37.84 billion
5. CATL (Contemporary Amperex Technology Co. Limited), China, USD 33.5 billion
6. Hyundai Mobis, South Korea: USD 32.192 billion
7. Aisin Corp., Japan: USD 31.228 billion
8. Forvia, France: USD 26.835 billion
9. Mainland China $25.401 billion
10. Lear Corp., United States, US$20.892 billion
11. BASF, Germany: US$19.465 billion
12. Valeo (France) $17.636 billion
13. Aptiv (Ireland) – USD 17.489 billion
14. Tenneco Inc., United States, USD 16.632 billion
15. Sumitomo Electric Industries, Japan: USD 16.139 billion
16. Samsung SDI, South Korea, USD 15.624 billion
17. Yanfeng (Yanfeng International), China: USD 14.997 billion
18. BorgWarner Inc., United States: USD 14.526 billion
19. Panasonic Automotive Systems Co., Japan: USD 14.228 billion
20. Hitachi Astemo, Japan: USD 14.222 billion
21. Adient, United States, US$14.121 billion
22. Mahle (Germany) $13.104 billion
23. Yazaki Corp., Japan: USD 12.91 billion
24. Thyssenkrupp, Germany: USD 12.475 billion
25. Samal (Motherson Group), India, USD 12.302 billion
26. Marelli (Japan) USD 12.215 billion
27. Gestamp, Spain: USD 10.311 billion
28. Schaeffler, Germany: USD 10.19 billion
29. Dana Inc., United States, USD 10.156 billion
30. Plastic Omnium Co., France: USD 9.7 billion
31. Vitesco Technologies Group, Germany, USD 9.682 billion
32. Toyota Boshoku Corp., Japan: USD 9.677 billion
33. Autoliv Inc., Sweden, USD 8.8 billion
34. JTEKT Corp., Japan: USD 8.398 billion
35. Hyundai Transys Inc., South Korea, USD 8.384 billion
36. Flex-N-Gate Corp., United States, USD 8.362 billion
37. Mitsubishi Electric Corp., Japan: USD 8.164 billion
38. Brose Fahrzeugteile, Germany: USD 7.731 billion
39. Benteler Group, Germany: USD 7.495 billion
40. Joyson Electronics, China: USD 7.401 billion
41. Hanon Systems, South Korea: USD 6.678 billion
42. Eberspacher Group, Germany, USD 6.4 billion
43. Hyundai Wia Corp., South Korea: USD 6.143 billion
44. SK ON Co., South Korea: USD 6.04 billion
45. Koito Manufacturing, Japan: USD 5.852 billion
46. Mando Corp., South Korea: USD 5.818 billion
47. American Axle & Mfg Holding Inc., United States, USD 5.802 billion
48. Beijing Hainachuan (BHAP), China, USD 5.785 billion
49. Toyoda Gosei Co., Japan: USD 5.743 billion
50. CITIC Dicastal Co., China: USD 5.718 billion
51. Draxlmaier Group, Germany, USD 5.43 billion
52. STMicroelectronics, Switzerland, US$5.25 billion
53. GKN Automotive, UK, USD 4.86 billion
54. Freudenberg Group, Germany: USD 4.813 billion
55. Antolin Group, Spain: USD 4.689 billion
56. Nemak (Mexico) – USD 4.667 billion
57. Webasto (Germany) $4.412 billion
58. CIE Automotive, Spain: USD 4.394 billion
59. Linamar Corp., Canada, US$4.348 billion
60. Novelis Inc., United States, US$3.882 billion
61. Nexteer Automotive, United States, USD 3.84 billion
62. Visteon Corp., United States, US$3.756 billion
63. NTN Corp., Japan: USD 3.693 billion
64. Tokai Rika Co., Japan: USD 3.63 billion
65. Garrett Motion Inc., Switzerland, USD 3.603 billion
66. Flex (Flex) USA $3.6 billion
67. Martinrea International Inc., Canada, USD 3.594 billion
68. Dean (TI Fluid Systems), United Kingdom, US$3.443 billion
69. Leopold Kostal (Germany) – US$3.346 billion
70. Iochpe Maxion, Brazil: US$3.248 billion
71. TS Tech Co., Ltd. (Tokyo Seating Technology), Japan: USD 3.234 billion
72. Arconic Inc., United States, USD 3.15 billion
73. Sanli (SL Corp.), South Korea, US$3.134 billion
74. NSK (Japan) – Japan – US$3.134 billion
75. Piston Group, United States: USD 3.098 billion
76. Johnson Electric Group, Hong Kong, China: US$2.914 billion
77. Sumitomo Riko Co., Japan: USD 2.84 billion
78. Ningbo Huaxiang Electronic Co., Ltd. – China – USD 2.818 billion
79. NHK Spring Co., Japan – USD 2.792 billion
80. Niterra Co. (formerly NGK Spark Plugs), Japan: USD 2.705 billion
81. Clarios (USA) – US$2.625 billion
82. MINTH Group, China: USD 2.569 billion
83. AGC Inc., Japan, US$2.543 billion
84. Nobo Automotive Systems (China): USD 2.387 billion
85. Mitsuba Corporation, Japan: USD 2.358 billion
86. Cooper-Standard (USA) – USD 2.334 billion
87. Yura Corp., South Korea, USD 2.232 billion
88. Alder Pelzer Group, Germany, USD 2.22 billion
89. Desay SV (Huizhou Desay SV Automotive Co., Ltd.), China, USD 2.21 billion
90. Constellium, France, US$2.21 billion
91. Seoyon E-Hwa, South Korea, USD 2.202 billion
92. Nifco, Japan: US$2.193 billion
93. Exquisite Automotive Systems Co., China: USD 2.172 billion
94. Ningbo Tuopu Group, China: USD 2.146 billion
95. Anhui Zhongding Sealing Parts Co., China: USD 2.121 billion
96. Autokiniton, United States, US$2.066 billion
97. Autoneum, Switzerland: USD 1.898 billion
98. Gentex Corp., United States, US$1.875 billion
99. Ryobi Ltd., Japan: US$1.726 billion
100. Hyundai Kefico Corp., South Korea: USD 1.713 billion

(The above industry news is sourced from Global Corporate News.)