Top 100 suppliers for electromobility in Germany – Ranking & Market Analysis

The following table shows an excerpt of the 20 highest-revenue companies from our complete TOP 100 ranking, key figures 2018. The list is headed by the large supplier groups Bosch, ZF Friedrichshafen and Schaeffler.

TOP 20 Suppliers for Electromobility in Germany (Excerpt)

Rank Pursue seat Revenue 2018 (million €) EBIT margin Employees
1 Robert Bosch GmbH – Mobility Solutions Gerlingen-Schillerhöhe 47.567 7,4% 237.094
2 ZF Friedrichshafen AG Friedrichshafen 36.929 4,1% 148.969
3 Schaeffler AG Herzogenaurach 14.241 9,5% 92.478
4 Mahle GmbH Stuttgart 12.581 6,1% 79.564
5 Siemens AG – Energy Management Division Erlangen 12.266 8,2% 53.300
6 Freudenberg SE Weinheim 9.455 9,6% 48.894
7 ThyssenKrupp AG – Components Technology Eat 7.875 1,5% 34.481
8 Vitesco Technologies GmbH Hanover 7.741 1,5% 42.601
9 HELLA GmbH & Co. KGaA Lippstadt 6.990 8,4% 38.845
10 Leoni AG Nuremberg 5.101 2,8% 92.549
11 Fritz Dräxlmaier GmbH & Co. KG Vilsbiburg 4.551 2,7% 78.287
12 Magna Germany* Sailauf 4.143 n/a. 20.255
13 Mann+Hummel International GmbH & Co. KG Ludwigsburg 3.955 2,4% 21.149
14 Webasto SE Stockdorf 3.433 5,9% 13.298
15 BorgWarner Europe GmbH Ketch 3.093 5,8% 8.989
16 Voestalpine AG – Metal Forming Division Dettingen an der Erms 2.937 3,2% 12.240
17 Rheinmetall Automotive AG (KSPG) Neckarsulm 2.930 8,9% 12.855
18 Phoenix Contact GmbH & Co. KG Blomberg 2.344 6,9% 16.038
19 Vibracoustic GmbH Darmstadt 2.147 8,1% 10.014
20 Schott AG Mainz 2.083 13,1% 15.092

Excerpt from the complete TOP 100 ranking, data as of April 2020 (key figures for fiscal year 2018). The complete PDF contains all 100 companies, including product portfolio classification (electric motor/electric axle, drive battery, battery management, high-voltage components, charging infrastructure, etc.). Source: MEYER INDUSTRY RESEARCH, Market Study E-Mobility Suppliers Germany 2020. The complete TOP 100 ranking can be found in the free PDF study available for download.

Market study: Top 100 suppliers for electromobility

In our 2020 market study "E-Mobility Suppliers Germany" by MEYER INDUSTRY RESEARCH, we systematically examined, for the first time, the 100 leading suppliers for electromobility with headquarters and production facilities in Germany. Revenue, number of employees, profitability, and product portfolio were recorded based on the 2018 fiscal year.

Facts about the company and industry:

The market study "E-Mobility Suppliers Germany 2020" collected data on the revenue, number of employees, and profitability of the top 100 suppliers for electromobility with headquarters and production facilities in Germany. The regional distribution of the companies and the product groups they manufacture (e.g., traction batteries, thermal management systems, power electronics, high-voltage components) were also analyzed.

Global players and hidden champions:

As expected, the major supplier groups such as Bosch, ZF and Schaeffler also play a leading role in the market study TOP 100 Suppliers Electromobility 2020 when it comes to systems and components for electric vehicles.

At the same time, medium-sized specialists are also taking advantage of the opportunities arising from the increasing demand for charging infrastructure, electric motors, batteries and control electronics.

“The growing demand for electric vehicles is changing the supplier landscape: Modules for traditional engines and powertrains that were previously important are becoming less significant, and value creation is shifting towards the battery. High-voltage cables, power electronics, and drive management are moving into focus. This development is also reflected in our Top 100 ranking: High-voltage components and battery-related parts are among the most frequently manufactured products of German e-mobility suppliers.”

Matthias Meyer, Managing Director of Meyer Industry Research

Top 100 suppliers for electromobility: High-voltage components dominate

High-voltage components: Every third supplier in our market study on electromobility in Germany manufactures high-voltage components such as cables, connectors, fuses, resistors and on-board power supply systems.

Batteries, electric motors, housings: Battery and motor housings as well as electric motors and e-axles are each developed and produced by one in five of the top 100 electromobility suppliers.

Other manufactured products: Charging infrastructure such as charging cables or wallboxes for home use, solutions for thermal management, and the production of the drive battery or battery packs are further product segments that are manufactured by more than 10% of the top 100 e-mobility suppliers.

Locations of e-mobility suppliers in Germany

Baden-Württemberg leads:

Three-quarters of the top 100 e-mobility suppliers are headquartered in Baden-Württemberg, Bavaria, or North Rhine-Westphalia. Baden-Württemberg alone accounts for more than a third of all top 100 headquarters locations.

Other locations of the e-mobility suppliers:

Following Bavaria and North Rhine-Westphalia in fourth, fifth and sixth place are Hesse, Lower Saxony and Rhineland-Palatinate, with a considerable gap.

Which product segment do most of the top 100 e-mobility suppliers manufacture?

High-voltage components such as cables, connectors, fuses, resistors and on-board power supply systems are manufactured by one in three companies in the top 100 list – the most common product segment ahead of battery/motor housings and electric motors/electric axles (each by one in five companies).

Which companies lead the ranking of e-mobility suppliers?

The ranking is led by the major supplier groups Robert Bosch GmbH (Mobility Solutions), ZF Friedrichshafen AG and Schaeffler AG, which also play a leading role in systems and components for electric vehicles.

On what data basis is the study founded?

The market study "E-Mobility Suppliers Germany" was prepared in April 2020 and is based on the key figures for the 2018 financial year.

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