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Top 5 Companies in the Powertrain Market – 2018

Mordor Intelligence released its 2018 list of the companies that account for the largest share of the global Powertrain market.

According to the report, these are the top five global players:

  1. Robert Bosch GmbH

Robert Bosch GmbH is a global supplier with more than USD 70 billion in revenues (as of March 2017). The firm’s powertrain products fall under the Mobility Solutions business segment, which accounted for around 55% of the company’s revenue.

In February 2017, the company announced that it would consolidate its electromobility activities in a dedicated unit. This unit will be part of the new Powertrain Solutions division. From the start of 2018, it is expected to encompass the company’s electromobility activities and its Gasoline Systems and Diesel Systems divisions. According to our analysts, the primary motive of these divisions is to supply existing and new customers with all powertrain technologies from a sole source. It is also expected to create enhanced flexibility with the new division, as it is still not clear which powertrain or combination of powertrains will predominate and when.

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  1. Denso Corporation

Denso Corporation is the second largest automotive supplier and garnered revenues of about USD 48 billion (as of March 2018), of which, its Powertrain division accounted for nearly 25%, i.e., close to USD 12 billion. In FY 2017, due to increased sales of gasoline direct injection products, including injectors and pumps, and common rail systems, the revenue from the power train systems witnessed a dramatic increase of around 6.2% on an actual basis. However, due to the impact of Yen appreciation, its revenue recoded a year-on-year decline of around 1.1%. The company is working on improving production quality, through the utilization of Big Data analytics and enhancing the production efficiency using IoT, which is expected to boost the firm’s competitive edge and make it the market leader.

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  1. Magna International

According to Mordor analysts, Magna ranks third among all the global automotive supplier companies, with more than USD 38 billion in revenue. It generated more than 50% of its revenue from North America alone, followed by Europe. Its Powertrain division generated revenues of USD 6.7 billion in FY 2017, an increase of USD 300 million from FY 2016.

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  1. ZF Friedrichshafen AG

ZF is a Germany-based global automotive supplier, with about USD 45 billion in revenues, as of 2017. Predictably, Europe was the major contributor and accounted for nearly 50% of the revenue, followed by NAFTA and Asia-Pacific. Its Car Powertrain Technology Division is responsible for automatic transmissions, manual transmissions/dual-clutch transmissions, axle drives, and powertrain modules. The company’s sales from the Car Powertrain Technology division increased by USD 919 million, to reach USD 10.78 billion during fiscal year 2017. The above-mentioned growth of over 9% can be attributed to the continuous high demand for automatic passenger car transmissions worldwide, especially in Europe.

On January 01, 2018, the company announced that the Axle Drives Business Unit of the Car Powertrain Technology Division will be integrated into the E-Mobility Division. Taking this re-allocation into account, the firm expects a significant increase in the sales from the Car Powertrain Technology Division, during fiscal year 2018. This increase is expected to be a result of the high demand from existing and new customers for 8 HP and 9 HP transmission applications.

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  1. Continental Corporation

Continental accounts for a share of more than 10% of the global powertrain market, with revenues of about USD 9.31 billion as of FY 2017 generated from its Powertrain division, against USD 8.92 billion in FY 2016. The company has been ranked fifth in our automotive powertrain market study conducted in March 2018. The division was responsible for 11.2% of the company’s revenue in FY 2017, when compared to 10.3% in FY 2016. Organic sales from its powertrain division dropped from 10% of company sales in Q1 2017 to 4% in Q4 2017.

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Some of the other key players mentioned in the report are –

  • Aisin Seiki
  • Hyundai Mobis
  • Valeo Inc.
  • JTEKT Corporation
  • Thyssenkrupp AG
  • Toyota Boshuku
  • Mahle GmbH
  • BorgWarner Inc.

The post Top 5 Companies in the Powertrain Market – 2018 appeared first on Mordor Intelligence | Knowledge Center.

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Top 5 Companies in the Powertrain Market – 2018


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