Top 10 Automotive Suppliers in the World in 2021 by Revenue Per Employee
SK Innovation Co Ltd, Hyundai Mobis Co Ltd, Hanon Systems, LG Chem Ltd, and Johnson Matthey Plc are the top 5 automotive suppliers in the world in 2021 by revenue per employee. In total, the top 10 automotive suppliers in the world had revenue per employee of $45.69 million, while SK Innovation Co Ltd had the highest revenue per employee ($28.85 million) and BorgWarner Inc had the lowest ($0.93 million). In aggregate, they generated revenue of $205,345 million with average revenue growth of 28.9%. None of the largest 10 companies had a revenue decrease in 2021. In terms of the geographic split, 6 out of 10 of the world’s largest suppliers were based in South Korea, while 2 suppliers were based in Europe and 2 were based in the United States of America. They employed a total of 133,216 people in 2021. The South Korea-based SK Innovation Co Ltd is the leading automotive supplier in the world (by revenue per employee). The company reported revenues of $40,943 million for the fiscal year ended December 2021 (FY2021), an increase of 35.6% over FY2020, due to its expansion of new sales volume and is improving its productivity of petroleum exploration and production through its technology-based premium products. The company is an integrated energy and petrochemical company. It explores for and produces crude oil and natural gas, transportation of crude oil, and production of oil products such as gasoline and diesel. In 2021, the company had 1,419 employees. The South Korea-based Hyundai Mobis Co Ltd (Mobis) is another leading automotive supplier in the world (by revenue per employee). Hyundai Mobis manufactures and markets parts and modules for car production and after-sales services. The company reported revenues of $36,450 million for the fiscal year ended December 2021 (FY2021), an increase of 13.9% over the previous year.