Top 10 Auto Component Manufacturers in World - FOW Mould

Top 10 Auto Component Manufacturers in The World

Share : 

Share : 

Share on facebook
Share on pinterest
Share on twitter
Share on linkedin

The revenue of the automotive component business was US$ 49.3 billion in FY20, increased to Us$ 39.05 billion in FY16, and it is predicted to reach US$ 200 billion by FY26. During the same period, auto component exports expanded at a CAGR of 7.6%, reaching Rs. 102,623 crore (US$ 14.5 billion). Auto component exports from India are set to exceed US$ 80 billion by 2026, according to the ACMA.

This shows the rise in the demand for auto component manufacturers in the world. 

The vehicle manufacturing base can be divided into two categories: organized and unorganized. The organized sector, original equipment manufacturers, consists of high-value precise instruments, whereas the unorganized sector, aftermarket items, consists of low-value goods.

Top 10 Auto Component Manufacturers in the World

1. FOW Moulds

Fow Mould logo
Source: FOW Moulds

Type of Business: Plastic Injection Moulding

Location (Headquarters): China

Year Founded: 1978

Products offered:

FOW Mould alone has 40 years of experience in delivering manufacturing services to businesses, specializing in developing superior automotive injection moulding solutions for a number of industries. All the moulds design, or automotive parts are created with the goal of being manufacturable as well as cost-effective and time-saving.

If your project is a project FOW, they provide all of the plastic injection mould services you’ll need under one roof, dedicated to giving you a hassle-free customer experience. They are entirely capable of meeting your requirements, whether you require alternate materials, specialized finishes, or other injection moulding procedures.

2. Robert Bosch

Source: Robert Bosch

Type of Business: Multinational Engineering & Technology

Location (Headquarters): Germany

Year Founded: 1886

Products offered:

Bosch is a world-leading service provider. It has around 395,000 employees all across the world. In 2020, the corporation expects to achieve sales of 71.5 billion euros.

Logistics Services, Industrial Tech, Consumer Products, and Efficient building Innovation are the four business sectors in which it operates. Bosch is working toward a vision of transportation that is environmentally friendly, safe, and fun. It offers customers linked, cross-domain options from a particular source, leveraging its experience in smart sensors, software, and operations.

Bosch improves people’s lives throughout the world by creating new products and services that elicit excitement.

3. Denso Corp.

Denso Logo
Source: Denso

Type of Business: Automotive components

Location (Headquarters): Japan

Year Founded: 1949

Products offered:

DENSO is a multinational firm specializing in advanced transportation that improves the way the world works and helps to a better quality of life. They have a diverse product range and a global footprint as a Fortune 500 firm.

They are a well-known Tier 1 auto supplier and promoter, offering thermal, engine, mobility, electrical, and electronic systems to injection automakers and other manufacturers all over the world.

4. Magna International Inc.

Magna International Inc Logo
Source: Magna International Inc

Type of Business: Automotive arts manufacturer

Location (Headquarters): Canada

Year Founded: 1957

Products offered:

They started collaborating with General Motors. They now manufacture it all from seating to drivetrains and are the only auto provider that can construct whole vehicles.

They are a top global auto supplier committed to delivering innovative mobility concepts and services that will transform the globe. They engage over 158,000 people who are dedicated to providing exceptional value to their clients through cutting-edge processes and global production.

5. Continental

Continental Logo
Source: Continental

Type of Business: Multinational automotive manufacturer

Location (Headquarters): Germany

Year Founded:1871

Products offered:

Continental creates ground-breaking technology and services that enable people and their belongings to move in a healthy and connected manner.

They’re merging their resources and focusing on high-value development sectors with Automotive Sciences.

6. ZF Friedrichshafen

ZF Friedrichshafen Logo
Source: ZF Friedrichshafen

Type of Business: Automotive Industry

Location (Headquarters): Germany

Year Founded: 1920

Products offered:

ZF is a leading technology business that develops and manufactures solutions for automobiles, commercial vehicles, and manufacturing technologies, facilitating the next era of transportation.

With its extensive technology range, the company provides integrated transit and connectivity solutions to renowned auto makers, mobility suppliers, and start-up businesses.

7. Aisin Seiki Co.

Aisin Seiki Logo
Source: Aisin Seiki

Type of Business: Industrial Solutions

Location (Headquarters): Japan

Year Founded: 1943

Products offered:

Through its elevated technical skills, the AISIN Group offers a broad range of solutions that span practically all elements that make up a vehicle in order to realise an environmentally friendly mobility society.

They contribute to the development of an eco-friendly society by supplying energy-related products that are clean and highly efficient.

8. Hyundai Mobis.

Hyundai Logo
Source: Hyundai

Type of Business: Auto Manufacturers

Location (Headquarters): South Korea

Year Founded: 1961

Products offered:

Hyundai Mobis has evolved into an auto components corporation, employing over 30,000 people over 32 production locations in ten countries and ranked eighth in the worldwide car parts market.

It boasts the world’s biggest hydrogen fuel cell manufacturing plant and is working to turn the world into a hydrogen metropolis by extending its usage and energy generation networks beyond autos to include drones, railways, and ships.

9. Lear Corp

Lear Corp Logo
Source: Lear Corp

Type of Business: Global Automotive Technology

Location (Headquarters): USA

Year Founded:1971

Products offered:

They care for each other, their vendors, and their clients, as well as the ecosystem and the surrounding communities and operate. They do everything from building cutting-edge intelligent car experiences to optimising processes.

10. Faurecia

Faurecia Logo
Source: Faurecia

Type of Business: Global Automotive Supplier

Location (Headquarters): France

Year Founded: 1997

Products offered:

Faurecia’s purpose is to develop technology for Sustainable Transportation and to create personalized experiences for the Aviation of the Future, with 266 manufacturing sites, 39 R&D facilities, 3D printing and prototyping, and 114,000 people in 35 countries. 

At the same hand, they offer answers that are consistent with their principles to tackle the issues that future generations will face.

List of The Best Auto Component Manufacturers in the World

Conclusion

The auto component industry is divided into two categories: organized and unorganized. These are vast and complicated. In order to make it easier for you and your business,  we have brought to you the top 10 automotive plastic parts manufacturers in the world.