Top 13 Auto Parts Manufacturing Companies in the World

The global auto parts manufacturing market has shown strong growth, and the market size is estimated to be USD 2,250.5 Billion in 2024 and is anticipated to become USD 2,761.1 Billion by 2033 with a compound annual growth rate (CAGR) of 2.3% during 2025-2033. This large market is one of the most important sectors of the automotive industry that involves the manufacture of critical components driving millions of cars globally. The market is the backbone of auto manufacturing and supports both original equipment manufacturers (OEMs) as well as the aftermarket sector through cutting-edge engineering and complex manufacturing techniques.

Market growth is fueled chiefly by increased environmental awareness, increased vehicle model availability, rising cost competitiveness with internal combustion engine vehicles, and enhanced vehicle ranges. Demand patterns are being transformed with the shift toward electric vehicles, where traditional ICE components are declining as attention shifts towards producing components for EVs like batteries, electric drivetrains, and power electronics. In addition, the increase in autonomous and connected vehicles is driving growth in electrical and electronics components, opening up new avenues for producers to innovate and diversify their product offerings.

The sector's shift towards sustainability is increasingly in the limelight as producers evolve to meet more stringent environmental regulations and consumer demands for environmentally friendly solutions. Government subsidies for electric vehicles, advancements in technology, and increased consumer knowledge of environmental sustainability are major drivers for market growth. This movement towards eco-friendly mobility solutions is forcing automobile components manufacturers to spend big on research and development in the area of lightweight materials, energy-efficient components, and recyclable production processes that are in line with global climate objectives and automotive industry trends of electrification.

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List of Top Companies Operating in the Auto Parts Manufacturing Industry Worldwide

The global auto parts manufacturing market has several major players including Aisin Corporation, Akebono Brake Industry Co., Ltd., Brembo N.V., Continental AG, DENSO Corporation, Forvia SE, General Motors Company, Hyundai Mobis Co., Ltd., Magna International Inc., Marelli Holdings Co., Ltd., Robert Bosch LLC, Schaeffler AG, Valeo Service, ZF Friedrichshafen AG.

1. Aisin Corporation

Aisin Corporation is a global supplier of automotive parts and systems, including drivetrain, body, brake and chassis, engine, and aftermarket products. It has a strong focus on research and development, with several research centers located throughout Japan and around the world. The company's goal is to create innovative products that help improve vehicle safety, fuel efficiency, and overall performance. Furthermore, the company offers a diverse range of products, including automatic transmissions, navigation systems, hybrid systems, brake systems, door modules, and sunroofs. These products are used by various world's leading automakers, including Toyota, GM, and Ford.

2. Akebono Brake Industry Co. Ltd.

Akebono Brake Industry Co. Ltd is a leading global manufacturer of braking systems and components for automobiles, motorcycles, and industrial machinery. The primary focus of the company is to develop and produce high-quality braking systems that are safe, reliable, and efficient. It has a strong commitment to research and development, with several research centers located in Japan and around the world. This dedication to innovation has helped Akebono develop advanced braking technologies, such as ceramic and low-metallic friction materials, that are used in a wide range of vehicles.

3. Brembo N.V.

Brembo has become the byword for precision engineering and creative braking solutions since its founding in 1961 in Bergamo, Italy. The firm is world-famous for the manufacture of disc brake systems, calipers, and brake components for various vehicles, from top-line sports cars to commercial vehicles. Brembo's innovation leadership also includes carbon-ceramic brake discs, next-generation brake-by-wire systems, and smart braking systems that can work in conjunction with autonomous driving technology. The company has a significant presence in racing, using racing know-how to create advanced technologies that ultimately find their way into road-going vehicles. With production plants located in Europe, North America, South America, and Asia, Brembo supplies premium automobile brands and extends its business portfolio in the direction of sustainable braking systems and electrification-compatible solutions.

4. Continental AG

Continental AG is a global technology company that specializes in developing and producing solutions for mobility and transportation. The company is one of the world's largest automotive suppliers, with operations in over 60 countries. Continental's portfolio includes a wide range of products and systems, including tires, brake systems, powertrain and chassis systems, safety and advanced driver assistance systems, and infotainment and connectivity solutions.  The company is a key player in the development of ADAS technologies. Continental AG’s commitment to sustainability and innovation has helped it to maintain its position as a leader in the automotive industry.

5. DENSO Corporation

DENSO Corporation is a global manufacturer of automotive parts and technology solutions. The company’s product portfolio includes a wide range of automotive parts and systems, including engine management systems, electronic systems, fuel systems, air conditioning systems, and automotive batteries. The company has developed a range of products and systems designed to reduce vehicle emissions and improve fuel efficiency, including hybrid and electric vehicle components, as well as fuel cell systems. DENSO Corporation is also committed to innovation and research and development. The company has established research and development centers around the world, and has partnered with leading universities and research institutions to drive innovation in the automotive industry.

6. Forvia SE

Forvia SE became a worldwide automotive technology powerhouse after Faurecia and Hella merged to become the world's seventh-largest automotive supplier by revenue. The firm is a specialist in clean mobility solutions, with an emphasis on seating systems, interior systems, Clarion electronics, and lighting technologies that improve vehicle sustainability and user experience. Forvia has become a leader in hydrogen fuel cell technology, cockpit electronics, and sustainable integration of materials, driving the automotive sector's shift toward zero-emission mobility. Its approach t innovation focuses on software-defined vehicles, connected services, and circular economy. With a presence on six continents and collaborations with top automotive manufacturers, Forvia continues to forge pioneering technologies that solve emerging mobility needs while upholding great commitments to environmental care and technological advancements.

7. General Motors Company

General Motors Company (GM) is a leading American multinational corporation specializing in designing, manufacturing, and selling automobiles, parts, and related services globally. GM's portfolio includes a wide range of automobiles and trucks, including brands such as Chevrolet, Buick, GMC, and Cadillac. The company also produces a range of electric and hybrid vehicles, with a commitment to a fully electric future. In addition, GM also provides automotive financing and related services to its customers. It places a strong emphasis on research and development. GM is a leader in developing technologies for autonomous driving, electrification, and connectivity.

8. Hyundai Mobis Co., Ltd

Hyundai Mobis Co., Ltd. operates as a top auto parts maker and Hyundai Motor Group's main supplier, as well as a global auto manufacturer's supply partner for leading-edge automotive technologies. The firm is experienced in chassis systems, cockpit modules, front-end modules, and leading-edge driver assistance systems that improve vehicle safety and performance. Hyundai Mobis has become a leader in autonomous driving technology, creating LiDAR systems, camera modules, and integrated safety solutions for Level 3 and Level 4 autonomous vehicles. Hyundai Mobis' electrification business has battery systems, electric motors, and power electronics optimized for hybrid and full-electric vehicles. With production bases spread across Asia, North America, Europe, and other parts of the world, Hyundai Mobis has a strong research and development focus, investing significantly in future mobility solutions as well as eco-friendly manufacturing strategies.

9. Magna International Inc.

Magna International Inc. is a global automotive supplier that designs, develops, and manufactures automotive systems, assemblies, modules, and components. Magna's product portfolio includes a wide range of automotive technologies, including body and chassis systems, powertrain systems, seating systems, and electronics. Magna places a strong emphasis on research and development, with multiple research and development centers located around the world. Magna is a leader in developing technologies for electrification, autonomous driving, and lightweight materials. The company also places a strong emphasis on corporate social responsibility. It has implemented a number of initiatives to reduce its environmental impact and promote sustainability, including a goal to achieve carbon neutrality by 2050.

10. Marelli Holdings Co. Ltd.

Marelli Holdings Co. Ltd. is a global automotive supplier that designs and manufactures advanced technologies for electric and hybrid vehicles, lighting systems, powertrain systems, and electronic systems. The company’s product portfolio includes a wide range of automotive technologies, including advanced lighting systems, electric powertrain systems, and electronic systems. These products are used in a variety of vehicles, including passenger cars, commercial vehicles, and electric vehicles. The company's goal is to develop innovative solutions that help improve vehicle performance, reduce emissions, and enhance overall efficiency.

11. Robert Bosch GmbH

Robert Bosch LLC is a global technology and engineering company that specializes in the design, development, and production of innovative solutions for various industries, including automotive, industrial, and consumer goods. Bosch's product portfolio includes a wide range of automotive technologies, including powertrain systems, chassis systems, safety and assistance systems, and connected mobility solutions. The company is also a leading manufacturer of household appliances and power tools. The company's goal is to develop innovative solutions that help improve the quality of life for people worldwide, reduce emissions, and enhance overall efficiency. Bosch is a leader in developing technologies for electrification, autonomous driving, and connectivity.

12. Schaeffler AG

Schaeffler AG is a global automotive and industrial supplier that specializes in the design, development, and production of high-precision components and systems. Schaeffler's product portfolio includes a wide range of automotive technologies, including engine and transmission systems, chassis systems, and hybrid and electric drive systems. The company is also a leading manufacturer of bearings, linear systems, and power transmission product.

13. ZF Friedrichshafen AG

ZF Friedrichshafen AG is a worldwide technology company with expertise in driveline and chassis technology, active and passive safety technologies, and advanced driver assistance technology. Its broad portfolio of products encompasses transmissions, axles, steering systems, suspension components, and electronic control systems for vehicle dynamics and safety performance enhancement. ZF has invested heavily in electric mobility solutions, creating electric drive systems, battery electric axles, and combined thermal management systems for electric and hybrid vehicles. The innovation strategy for the company focuses on artificial intelligence integration, software development, and autonomous driving technology that defines next-generation mobility. With about 168,000 employees in 40 countries and facilities for manufacturing on all continents, ZF is closely partnered with automobile manufacturers and develops sustainable mobility through carbon-neutral production ambitions and the creation of green mobility technologies for environmentally friendly mobility that promotes global decarbonization.

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