What is Auto Ancillaries? List of top 20 companies in Auto Ancillaries - Auto, Truck & Motorcycle Parts?
What are Auto Ancillaries?
Auto ancillaries, also known as automotive components, are essential parts and systems that support the manufacturing and functioning of automobiles, trucks, and motorcycles. These components can range from simple nuts and bolts to complex systems like brakes, engines, and electronic control units. The auto ancillary industry plays a critical role in the automotive value chain, providing the necessary parts that enable the production and maintenance of vehicles.
The auto ancillary industry can be broadly categorized into the following segments:
- Engine Parts: Components such as pistons, piston rings, engine valves, carburetors, and crankshafts.
- Electrical Parts: Includes alternators, spark plugs, batteries, starter motors, and lighting systems.
- Drive Transmission and Steering Parts: Consists of clutches, axles, gears, wheels, steering mechanisms, and power steering systems.
- Suspension and Braking Parts: Includes shock absorbers, leaf springs, brake linings, discs, and drums.
- Equipment and Electrical: Encompasses air conditioners, speedometers, wiper motors, and instruments.
- Body and Chassis: Comprises sheet metal parts, bumpers, hoods, door handles, and seats.
- Others: Miscellaneous components such as fasteners, gaskets, and automotive filters.
Importance of Auto Ancillaries
The auto ancillary sector is crucial for the overall growth and sustainability of the automotive industry. Here are some key reasons why:
Economic Contribution: The auto ancillary sector significantly contributes to the GDP of many countries. It is a vital part of the manufacturing industry and provides employment to millions of people worldwide.
Innovation and Technology: The sector drives innovation and technological advancements in the automotive industry. Companies continuously invest in research and development to improve the performance, safety, and efficiency of automotive components.
Supply Chain Integration: Auto ancillaries form a critical part of the supply chain for automobile manufacturers. A well-functioning auto ancillary industry ensures timely and efficient delivery of parts, which is essential for maintaining production schedules.
Aftermarket Services: Auto ancillary companies also play a significant role in the aftermarket segment, providing replacement parts and accessories for vehicles. This is crucial for vehicle maintenance and longevity.
Global Trade: The auto ancillary sector is a major player in global trade, with components being exported and imported across countries. This globalization helps in the exchange of technology and expertise, further enhancing the quality and variety of automotive components available in the market.
List of Top 20 Auto Ancillary Companies in the World
Here is a list of the top 20 companies in the auto ancillary sector, known for their significant contributions to the automotive industry:
Robert Bosch GmbH
- Headquarters: Gerlingen, Germany
- Overview: Bosch is a leading global supplier of technology and services, including automotive parts, industrial technology, and consumer goods.
Denso Corporation
- Headquarters: Kariya, Japan
- Overview: Denso is a global supplier of advanced automotive technology, systems, and components in areas such as thermal, powertrain, and safety.
Magna International Inc.
- Headquarters: Aurora, Canada
- Overview: Magna designs, develops, and manufactures automotive systems, assemblies, modules, and components, as well as complete vehicles.
Continental AG
- Headquarters: Hanover, Germany
- Overview: Continental specializes in brake systems, interior electronics, automotive safety, and other automotive parts and systems.
ZF Friedrichshafen AG
- Headquarters: Friedrichshafen, Germany
- Overview: ZF is a global leader in driveline and chassis technology as well as active and passive safety technology.
Aisin Seiki Co., Ltd.
- Headquarters: Kariya, Japan
- Overview: Aisin Seiki manufactures and sells automotive parts and systems, including drivetrain, brake, and chassis components.
Hyundai Mobis
- Headquarters: Seoul, South Korea
- Overview: Hyundai Mobis is a global supplier of automotive parts and systems, specializing in modules and core components.
Valeo S.A.
- Headquarters: Paris, France
- Overview: Valeo is an automotive supplier and partner to automakers worldwide, focusing on smart technology for safer, cleaner, and more connected cars.
Lear Corporation
- Headquarters: Southfield, Michigan, USA
- Overview: Lear Corporation is a global supplier of automotive seating and electrical systems.
Faurecia S.A.
- Headquarters: Nanterre, France
- Overview: Faurecia is a global leader in automotive technology, specializing in seating, interiors, and clean mobility solutions.
Delphi Technologies
- Headquarters: London, UK
- Overview: Delphi Technologies provides combustion systems, electrification products, software, and controls for the automotive industry.
Yazaki Corporation
- Headquarters: Tokyo, Japan
- Overview: Yazaki is a global leader in the research, development, and delivery of vehicle power and data solutions for automotive applications.
BorgWarner Inc.
- Headquarters: Auburn Hills, Michigan, USA
- Overview: BorgWarner is a global product leader in clean and efficient technology solutions for combustion, hybrid, and electric vehicles.
Schaeffler Group
- Headquarters: Herzogenaurach, Germany
- Overview: Schaeffler manufactures high-precision components and systems for engines, transmissions, and chassis applications.
Aptiv PLC
- Headquarters: Dublin, Ireland
- Overview: Aptiv is a global technology company that develops safer, greener, and more connected solutions for the automotive industry.
Sumitomo Electric Industries, Ltd.
- Headquarters: Osaka, Japan
- Overview: Sumitomo Electric provides advanced automotive wiring harnesses, anti-vibration rubber products, and other key automotive parts.
Hitachi Automotive Systems, Ltd.
- Headquarters: Tokyo, Japan
- Overview: Hitachi Automotive Systems provides advanced automotive systems, including powertrain, chassis, and safety systems.
Nippon Seiki Co., Ltd.
- Headquarters: Nagaoka, Japan
- Overview: Nippon Seiki specializes in the manufacture of instrument clusters, head-up displays, and other automotive electronics.
Autoliv Inc.
- Headquarters: Stockholm, Sweden
- Overview: Autoliv is the world’s largest automotive safety supplier, providing airbags, seatbelts, and steering wheels.
Tenneco Inc.
- Headquarters: Lake Forest, Illinois, USA
- Overview: Tenneco designs and manufactures ride performance, clean air, and powertrain products for the automotive and commercial vehicle sectors.
Conclusion
The auto ancillary industry is a vital component of the global automotive sector, driving innovation, economic growth, and supply chain efficiency. The top companies in this industry are leading the way in developing advanced technologies and systems that enhance vehicle performance, safety, and sustainability. As the automotive industry continues to evolve with trends like electrification, autonomous driving, and connected vehicles, the role of auto ancillaries will become even more crucial in shaping the future of mobility.
Accord Consultants, a top-tier manpower recruitment agency, plays a pivotal role in supporting recruitment for companies in the auto ancillary sector, specifically in auto, truck, and motorcycle parts. Their extensive industry knowledge and expertise enable them to understand the unique requirements and challenges faced by companies in this sector.
Firstly, Accord Consultants boasts a comprehensive database of skilled professionals across various disciplines, including engineering, supply chain management, quality control, and R&D. This allows them to quickly match qualified candidates with the specific needs of auto ancillary companies, ensuring a seamless hiring process.
Secondly, the agency’s rigorous screening and assessment procedures ensure that only the most capable and experienced candidates are presented to their clients. This not only saves companies time and resources but also enhances their workforce with top talent, leading to improved productivity and innovation.