SCOTTSDALE, Ariz., Sept. 7, 2016 /PRNewswire/ -- ABI Research ranks Bosch as the leader among 20 Tier One connected car suppliers considered in its latest competitive analysis. Harman and Continental received second and third place, respectively. Bosch's explosive sales growth last year, significant capital expenditures to fund future development, cadre of strategic partnerships, and commitment to advanced driver assistance systems (ADAS) solutions place it in a strong position to pioneer the continuing evolution of the automotive industry.
The top five companies listed by rank include Bosch, Harman, Continental, Delphi, and Visteon. Bosch, Magna, Visteon, Harman, and Continental were the top five Tier One vendors for best implementation due to their portfolio breadth and strategic ecosystem partnerships. Meanwhile, Bosch, Harman, Delphi, Continental, and Hyundai Mobis were the top five for innovation thanks to their work in ADAS and autonomous features, HMI, infotainment, and telematics.
"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."
Bosch is one of a few suppliers to extend its footprint into non-hardware services, such as mobility services, active parking lot management, and IoT software. Its in-vehicle electronics include hybrid powertrain and electrification, as well as the Bosch Body Computer Module. The company sits sixteen points ahead of Harman and more than twenty ahead of Continental in the competitive analysis. While Continental is an ADAS market leader, Harman pioneers in its development of virtual reality modeling that blends different camera images to generate 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."
These findings are from ABI Research's Connected Automotive: Tier One Suppliers (https://www.abiresearch.com/market-research/product/1025160-connected-automotive-tier-one-suppliers/). This report is part of the company's Automotive, Smart Mobility, & Transportation sector (https://www.abiresearch.com/market-research/practice/autonomous-driving-location-tech/), which includes research, data, and analyst insights.
About ABI Research
ABI Research stands at the forefront of technology market research, providing business leaders with comprehensive research and consulting services to help them implement informed, transformative technology decisions. Founded more than 25 years ago, the company's global team of senior and long-tenured analysts delivers deep market data forecasts, analyses, and teardown services. ABI Research is an industry pioneer, proactively uncovering ground-breaking business cycles and publishing research 18 to 36 months in advance of other organizations. For more information, visit www.abiresearch.com.
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