Top 30 global automotive parts supplier rankings for FY 2022 - MarkLines Automotive Industry Portal (2024)

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Top 30 global automotive parts supplier rankings for FY 2022 - MarkLines Automotive Industry Portal? ›

Summary. MarkLines Co., Ltd. has compiled a FY2022 ranking of automotive parts suppliers in terms of sales (comparing the sales of each company's automotive businesses in U.S. dollars). The top five companies are Bosch, Denso, ZF, Hyundai Mobis, and Magna, in that order.

BASF SE, Denso Corp, Mitsubishi Electric Corp, Hyundai Mobis Co Ltd, and Magna International Inc are the top 5 automotive suppliers in the world in 2023 by market capitalization (as of Mar 31, 2023).

Tier 1 suppliers are the top dogs. They manufacture and supply automotive-grade parts and systems directly to the OEMs. They have built their businesses on long-term relationships with these OEMs, with whom they often jointly set cost targets and share product developments.

AutoZone, Inc. is an American retailer of aftermarket automotive parts and accessories, the largest in the United States. Founded in 1979, AutoZone has 7,140 stores across the United States, Mexico, Puetro Rico, Brazil, and the US Virgin Islands. The company is based in Memphis, Tennessee.

Summary. MarkLines Co., Ltd. has compiled a FY2023 ranking of automotive parts suppliers in terms of sales (comparing the sales of each company's automotive businesses in U.S. dollars). The top five companies are Bosch, Denso, ZF, Hyundai Mobis, and Magna, in that order.

Bosch continues to be the world's largest automotive supplier, and Denso remains the world's second largest. Next in line are ZF, Hyundai Mobis, and Magna. On the other hand, CATL moved up to sixth place in FY2022 due to increased battery demand.

In a modern supply chain like the ones used in the automotive industry, suppliers are organized in sequential levels called tiers. The car manufacturer (OEM) relies on module and system suppliers (tier 1), who in turn must rely on component manufacturers (tier 2), who themselves depend on parts suppliers (tier 3).

Tier 2 suppliers are often experts in their specific domain, but they also support a lot of non-automotive customers and so they don't have the ability or desire to produce automotive-grade parts. In the automotive industry, the term Tier 3 refers to suppliers of raw, or close-to-raw, materials like metal or plastic.

The tier-1 leverage ratio is related to the capital adequacy ratio. The tier-1 leverage ratio compares a bank's core capital with its total assets. It is calculated by dividing Tier-1 capital by a bank's average total consolidated assets and certain off-balance sheet exposures.

Who is the largest exporter of auto parts? ›

Exporters and Importers

In 2022, the top exporters of Motor vehicles; parts and accessories (8701 to 8705) were Germany ($61.8B), China ($50B), United States ($38.9B), Mexico ($38.1B), and Japan ($30.6B).

Opened in 1979 as Auto Shack by J.R. "Pitt" Hyde III, AutoZone was created with the belief that we can offer ordinary customers clean, well-organized auto parts stores and excellent customer service.

They are typically companies that specialize in manufacturing raw materials or components, which are then used by Tier 2 suppliers to produce more complex parts or systems. Their role is fundamental, as they build the foundation of the entire supply chain.

General Motors, Ford, and Toyota are the leading automotive manufacturers based on market share in the United States. The Ford Motor Company mainly sells vehicles under its namesake brand, while the Toyota Motor Corporation offers several brands, including Lexus and Toyota.