Top 10 Automotive Suppliers in the World in 2021 by Revenue

Microsoft Corp, BASF SE, Hitachi Ltd, Robert Bosch GmbH, and Panasonic Corp are the top 5 automotive suppliers in the world by revenue, in 2021. Cumulatively, the major 10 automotive suppliers generated revenue of $693,805 million, with average revenue growth of 11.3%, while the highest revenue was generated by Microsoft Corp ($168,088 million), while the lowest revenue was registered by ThyssenKrupp AG ($38,777 million). While the revenues for Microsoft Corp, BASF SE, Robert Bosch GmbH, SK Innovation Co Ltd, and Continental AG grew, the revenues of Hitachi Ltd, Panasonic Corp, Denso Corp, and Mitsubishi Electric Corp declined in 2021. In terms of the geographic split, 5 out of 10 of the world’s major suppliers are based in the Asia Pacific, while 4 suppliers are based in Europe, and one is based in the United States of America. The US-based Microsoft Corp is the leading automotive supplier in the world (by revenue). Microsoft reported revenues of $168,088 million for the fiscal year ended December 2021 (FY2021), an increase of 17.5% over FY2020, which is driven by growth across each of its segments. Intelligent Cloud revenue increased driven by Azure. Productivity and Business Processes revenue increased driven by Office 365 Commercial and LinkedIn. 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, video games, and training and certification services. In 2021, the company employs 181,000 people. The Germany-based BASF SE (BASF) is another leading automotive supplier in the world (by revenue). BASF manufactures, markets, and sells a range of chemicals, plastics, crop protection products, and performance products. The company reported revenues of $92,938 million for the fiscal year ended December 2021 (FY2021), an increase of 32.9% over the previous year.