Bosch, Harman, Continental Top Vendors for Connected Cars: Study
A new study by ABI Research has ranked the top 20 Tier One connected car suppliers, with Bosch leading the pack, followed by Harman and Continental at second and third positions respectively
Bosch’s rapid sales growth last year, significant capital expenditures, strategic partnerships, and focus on advanced driver assistance systems (ADAS) solutions made it a compelling candidate to lead the continuing evolution of the automotive industry.
“Bosch tasked thousands of engineers to develop next-generation ADAS solutions like DualView display and NeoSense,” says Susan Beardslee, Senior Analyst at ABI Research. “As Human Machine Interaction, or HMI, electrification, and predictive analytics further evolve, Bosch’s investments, acquisitions, and partnerships, like its ones with Mercedes, Porsche, and TomTom, will continue to place it as a leading market share vendor.”
The competitive assessment evaluated 20 Tier One suppliers that provided connected automotive solutions like non-hardware services, ADAS/autonomous, HMI, telematics, infotainment and in-vehicle electronics on the basis of innovation criteria, vendor implementation and market share.
The companies covered were Aisin Seiki, Autoliv, Bosch, Clarion, Continental Automotive Systems, Delphi Automotive Systems, Denso Corporation, Gentex, Harman/Becker Automotive Systems, Hella KGaA Hueck, Hyundai Mobis, Lear Corp., Magna International, Magneti Marelli, Mitsubishi Electric, Panasonic Automotive, Pioneer Electronics, Valeo, Visteon, and ZF Friedrichshafen.
The top five companies listed by rank include Bosch, Harman, Continental, Delphi, and Visteon. The ranking for best implementation was Bosch, Magna, Visteon, Harman, and Continental because they had a big portfolio and strategic ecosystem partnerships. Bosch, Harman, Delphi, Continental, and Hyundai Mobis were ranked the top five innovators because of their work in autonomous features, ADAS, HMI, telematics and infotainment.
The market leader in ADAS is Continental while Harman leads virtual reality modeling because of its pioneering technology that can blend various camera images into a full surround view.
“The industry will see continued transformation through strategic acquisitions, partnerships, and disinvestments as suppliers converge and shift toward software, services, and security,” concludes Beardslee. “Examples of this include Visteon’s recent purchase of AllGo Embedded Systems and its decision to sell its automotive interiors facility, Valeo’s announcement to provide low-cost, solid-state LiDAR with LeddarTech to support ADAS, and industry disruptor Gentex’s decision to grow its connected electro-optical business by working with OEMs like GM and Nissan.”