Top 10 Automotive Suppliers in the World in 2021 by Employees

Robert Bosch GmbH, Hitachi Ltd, BYD Co Ltd, Panasonic Corp, and Microsoft Corp are the top 5 automotive suppliers in the world in 2021 by employees. In aggregate, the top 10 automotive suppliers have employed a total of 2,347,850 people, with the highest being registered by Robert Bosch GmbH (395,029), followed by Hitachi (368,247), and BYD co LTD (288,200), while the lowest was registered by ZF Friedrichshafen AG (157,549) and Aptiv Plc (155,000). In total, the top 10 automotive suppliers (by employees) generated revenues of $584,374 million with average revenue growth of 8.7%. BYD Co Ltd had the highest revenue increase of 37.7%, followed by Aptiv Plc (19.5%) and Microsoft Corp (17.5%), while the companies Hitachi Ltd, Panasonic Corp, and Denso Corp posted revenue declines of 0.4%, 10.6%, and 4.2%, respectively. In terms of the geographical split, 3 out of 10 of the world's largest automotive suppliers (Robert Bosch GmbH, Continental AG, and ZF Friedrichshafen AG) are based in Germany, while 3 (Hitachi Ltd, Denso Corp, and Panasonic Corp) are based in Japan and remaining companies are based in China, the United States of America and Ireland. Germany-based Robert Bosch GmbH is the leading automotive supplier in the world (by employee). The company reported revenues of $81,505 million for the fiscal year ended December 2021 (FY2021).  It is a supplier of technology and services. The company offers a wide range of products and solutions such as auto parts and accessories, e-Bike systems, motor vehicle technology, household appliances, security systems, solar inverters, packaging technology, industry solutions, and business process management solutions. The company had more than 440 subsidiaries and regional companies in 60 countries and employs 395,029 people. Japan-based Hitachi Ltd is one of the leading automotive suppliers in the world (by employees). The company reported revenues of $82,339 million for the fiscal year ended March 2021 (FY2021). The company is a provider of power and infrastructure systems, information and telecommunication systems, consumer electronic products, construction machinery, digital systems, high functional materials and components, automotive systems, and medical devices. The company classifies its business operations into nine reportable segments: IT, Energy, Industry, Mobility, Smart Life, Hitachi Construction Machinery, Hitachi Metals, Hitachi chemical, and Others. Geographically, the company operates in Japan, Asia, North America, and Europe. It employs 368,247 people.