Top 10 Automotive Suppliers in the US in 2021 by Revenue
Microsoft Corp, 3M Co, Honeywell International Inc, Qualcomm Inc, and Cummins Inc are the top 5 Automotive suppliers in the US in 2021 by revenue. In aggregate the top 10 automotive suppliers in the US generated revenue of a total of $383,653 million with average revenue growth of 21.8% in FY2021. Microsoft Corp Co Ltd had the highest revenue growth increase of 17.5%, followed by 3M Co (9.9%) and Honeywell International Inc (5.4%). The companies employed a total of 860,300 people in 2021. The number of total active jobs, with Microsoft (13,220) having the highest number of active jobs in 2021 and was also leading in 2020 with 6,684 active jobs. The United States of America-based Microsoft Corp is the leading automotive supplier in the world by revenue. The company reported revenues of $168,088 million for the fiscal year ended June 2021 (FY2021), an increase of 17.5% over FY2020, driven by an increase in sales of server products and cloud services. The company develops, licenses, and supports software products, services, and devices. It offers a comprehensive range of operating systems, cross-device productivity applications, server applications, software development tools, business solution applications, desktop and server management tools, video games, and training and certification services. As of June 2021, the company employed 60,000 people in the R&D department. At the end of FY2021, it had a portfolio of more than 65,000 US and international patents issued and over 21,000 pending patents. The company employs 181,000 people. Honeywell International Inc (Honeywell) is another leading automotive supplier in the world by revenue. The company reported revenues of $34,392 million for the fiscal year ended December 2021 (FY2021), an increase of 5.4% over the previous year. Honeywell is an engineering and technology company, which invents and manufactures technologies that address challenges in energy, security, safety, productivity, and global urbanization. Its offerings include energy-efficient products and solutions, specialty chemicals, process technologies, electronic and advanced materials, and productivity, sensing, safety, and security technologies.