Bosch Statistics By Production, Revenue, Employee And Profit

Introduction

Bosch Statistics: Bosch is a Germany-based multi-national company that focuses on providing consumer appliances, industrial goods, energy and building technologies. The company is headquartered in Baden-Württemberg, Germany.

It is the world’s largest automotive supplier. Along with that, it is also the biggest supplier of services in the world. It would be interesting to go through Bosch statistics and garner relevant information about the relevant factors that have contributed to the growth and success of the company.

Editor’s Choice

• The worldwide automobile production peaked in 2018 with 97 million vehicles.
• Referring to Bosch statistics, the profit after tax of Bosch in 2023 was 2,640 million euros.
• Bosch has an 18.5% market share in the automotive sensor market.
• Bosch’s industrial technology sector is expected to grow 5% by the end of 2024.
• The research and development spending of Bosch is projected to reach USD 8.3 billion in 2024, which is 9% of the total revenue of Bosch.
• Germany has the highest number of Bosch employees, with 1,32,000 in 2023.
• Among different segments of Bosch, Mobility Solutions is the largest business segment of Bosch.

Worldwide Automobile Production

(Reference: Statista.com)

• As Bosch is the leader in automobile manufacturing suppliers, it has made a significant contribution towards the growth of the automobile industry globally.
• Bosch statistics reveal that the automobile industry industry reached a peak of production of 97 million vehicles in 2018.
• The automobile industry showed a significant dip in 2009, with 62 million vehicles; this reduction could be attributed to the global recession of 2009.
• A similar dip was also observed in 2020, with 78 million vehicles, which could be majorly credited to nationwide lockdowns across various countries and the COVID-19-induced recession, which reduced automobile demand during that period.
• However, as of 2023, the automobile industry has significantly recovered to precovid levels, with 94 million vehicles produced that year.

Estimated Sales Revenue Of Top Automobile Suppliers

(Reference: Statista.com)

• Bosch statistics reveal that it is the leader in global automotive suppliers. Likewise, it is essential to have a brief understanding of the total revenue generated by automotive suppliers.
• As of 2022, the top 10 automotive manufacturers generated an accumulated sales revenue of USD 346,196 million.
• Revenue showed a significant dip in 2020, with USD 280,117, primarily due to the pandemic, which reduced automobile demand.

Automotive Microcontroller Market

(Reference: Statista.com)

• The automotive microcontroller is an essential component of vehicles, and thus, it is crucial to understand the size of the microcontroller market while studying bosch statistics.
• By the end of 2023, the global automotive microcontroller market reach a market size of USD 12.3 billion.
• It is predicted that by the end of 2028, the automotive microcontroller market will have a market size of USD 15.7 billion.

Revenue Of The Smart Home Segment Market

(Reference: Statista.com)

• Similar to the automotive market, bosch is a significant name in the world of home appliances segments.
• Bosch statistics reveal that the smartphone segment generated revenue of USD 52.558 million revenue in 2023.
• The smart home segment industry is estimated to generate USD 92,200 million by the end of 2028.

Bosch Revenue

(Reference: Statista.com)

• If one goes through the Bosch statistics, it is evident that they will find the legible reasons for it becoming one of the most recognizable brands globally.
• In 2023 Bosch posted an all-time high revenue of 91.6 billion euros.
• A significant increase in Bosch products was recorded between 2014 to 2015, wherein in 2014, the revenue was 48.95 billion euros in 2014, it jumped to 70.61 billion euros in 2015.

Bosch Profit After Tax

(Reference: Statista.com)

• Except 2009, in the past 20 years, Bosch has consistently been a profitable company.
• Bosch statistics reveal that the company had an all-time high profit after tax in 2018, with 3,574 million euros.
• As of 2023, Bosch's profit after tax is 2,640 million euros.

Bosch Research And Development Expenditure

(Reference: Statista.com)

• The success of Bosch as a leading force in automotive manufacturing and home appliances could be attributed to its consistent growth in research and development.
• Bosch statistics show that in 2023, Bosch invested 7,331 million euros.
• On average, there has been a 1.5% increase in research and development investment.

Number Of Employees Of Bosch

(Reference: Statista.com)

• Bosch, as the company, has witnessed significant growth in recent years, and accordingly, the business has witnessed rise in number of employees.
• If one looks at Bosch's statistics, one will find that in 2023 Bosch had a record-breaking number of employees with 429k.
• The graph mentioned above reveals that the maximum increase in the number of Bosch employees was witnessed in 2015, where in 2014, there were 290k employees, and there was an almost a 10k increase in employees leading to 375k employees in 2015.

Bosch Revenue By Region

(Reference: Statista.com)

• The Bosch statistics show that the overall revenue of the company and be classified into three regions, namely Europe, Asia Pacific, and the Americas.
• Europe generated the highest revenue, 46.8 billion Euros, followed by 26.6 Billion Euros in 2023, and the Americas generated 17 Billion Euros.

Bosch Employees By Business Segment

(Reference: Statista.com)

• Bosch statistics show that the employees in the company can be categorized into four categories, namely mobility solutions, consumer goods, energy and building technology, and industrial technology.
• The mobility solution sector of bosch has consistently been ranked as the top department of Bosh as of 2023. It boasts around 2.38 lakh employees.
• Consumer goods are the 2nd highest employment category of Bosch with around 80000 employees.
• Energy and industrial technology are th 3rd and 4th highest employment categories, with 37k employees in the energy sector and 36k in the industrial technology department.
• In other categories accumulated, there were around 41k Bosch employees.

Bosch Revenue By Business Segment

(Reference: Statista.com)

• Bosch statistics show that the revenue of Bosch can be classified into four categories broadly.
• Mobility Solutions is the leader in the Bosch revenue segment with 56.4 billion Euros.
• It is followed by consumer goods, industrial technology, energy, and building technology with 20.4 billion euros, 8.3 billion euros, and 8.1 billion Euros.

Bosch OEM Sales Report

(Reference: Statista.com)

• The automotive part provided by Bosch serves as an essential part of the company, and hence it is crucial to have a comprehensive understanding of the Bosch products.
• Bosch statistics show that the company generated a revenue of almost USD 51k million from the sales of OEM parts in 2023.
• The following graph showcases why Bosch is considered one of the top names in the automotive manufacturing sector.

Bosch Home Appliances Revenue

(Reference: Statista.com)

• Similar to the automotive industry, Bosch is a leader in home appliances sector as well.
• Bosch statistics show that in 2022 Bosch has an all-time high revenue growth of 15.9 billion euros.
• In 2023 bosch as a revenue generated of 14.8 billion Euro from home appliances.

Bosch Employees By Region

(Reference: Statista.com)

• Bosch statistics reveal that the majority of employees of Bosch are from Germany, with around 1.32 lakh employees in 2023.
• Asia Pacific region has the 2nd highest number of employees, around 1.08 lakh.
• The rest of Europe and America make up the remaining number of employees of Bosch with almost 1.21 lakh employees from the rest of Europe and more than 53k employees from the Americas.

Employees At BSH Home Appliances Segment

(Reference: Statista.com)

• Bosch statistics show that BSH (BSH Haushaltsgeraete GmbH) employed more than 60k employees in 2023.
• In the past couple of years, the number of employees has been consistent between 58k to 63k, showing significant development of Bosch as a home appliance company.

Leading Automotive Suppliers Worldwide

(Reference: Statista.com)

• Going through the Bosch statistics, it is clear why it is a leading force in the automobile sector.
• In 2022 Bosch was the leader in revenue among automotive suppliers, with 52.6 billion euros.
• It is followed by Denso, ZF Friedrichshafen, Continental, and Hyundai with 44.5 million Euro, 39.9 million Euro, 39.4 million Euro and 38.2 million Euro.

Automotive Sensor Manufacturers

(Reference: Statista.com)

• The Bosch statistics reveal that it is the leader in the automotive sensor categories segment with 18.5%
• It is followed by Infineon, NXP, Allegro, and Melexis with 15.5%, 13.4%, 9.9%, and 8.8%.

Accumulated Automotive Sector Industry Review

(Source: Statista.com)

• By having accumulated information about the competitor of bosch, one can understand how Bosch as a company has fared among its competitors.
• Going through Bosch statistics, it is clear that Bosh has to fluctuate accumulated revenue among its competitors, Johnson Controls, Magna International, General Electric and HP Inc.
• However, it is interesting to see that bosch has been consistently ranked among the top 3 companies.

Product Offerings Of Bosch

If one goes through Bosch statistics, they will find a wide variety of products Boasch has to offer.

Mobility Solutions

• Automotive Parts and Systems
  • Brakes
  • Batteries
  • Sensors
  • Wiper blades
  • Steering systems
  • Engine management
  • Exhaust gas treatment systems

(Source: bosch.in)

Industrial technology

• Drive and Control Technology
  • Hydraulics
  • Electric drives
  • Control systems
  • Linear motion technology
  • Assembly technology

Source:https://www.boschrexroth.com/en/dc/

Connected Industry

• Software solutions for smart manufacturing
• Industrial Internet of Things (IIoT) solutions

Source: https://www.bosch-connected-industry.com/de/en/home

Bosch Consumer Goods

Consumer Goods

• Power Tools
  • Drills & impact drills
  • Screwdrivers
  • Rotary hammers
  • Angle grinders
  • Sanders
  • Planers
  • Saws
  • Dust extraction systems
  • High-pressure washers

• Home Appliances
  • Ovens
  • Dishwashers
  • Refrigerators
  • Washing machines
  • Dryers
  • Coffee machines
  • Vacuum cleaners

(Source: bosch.in)

Energy and Building Technology

• Building Technologies
  • Security systems
  • Communication technology
  • Fire alarms
  • Video surveillance
  • Public address systems

• Home Comfort (Thermotechnology)
  • Heating systems
  • Air conditioning
  • Hot water solutions
  • Brands: Buderus, Worcester Bosch, Junkers

(Source: bosch.in)

Accessories

• Drill bits
• Saw blades
• Grinding discs
• Router bits
• Chisels
• Screwdriver bits
• Sanding discs

(Source: bosch.in)

Bosch Overview

Bosch is anticipated to maintain its upward trend in 2024, with 6% revenue growth predicted, potentially reaching a total revenue of over USD 98 billion. Several causes are driving this rise, such as the growing popularity of electric cars (EVs) and the growth of smart home technologies, both of which Bosch has a significant presence in.

In 2023, the company's industrial technology division, which accounts for roughly 25% of overall revenue, also saw encouraging performance. The division is anticipated to expand by 5% in 2024, driven by the manufacturing industry's need for automation solutions. In 2023, power tools and home appliances were included in Bosch's consumer products category, which generated 15% of the company's total revenue.

The company's worldwide market share is another essential component of Bosch Statistics. Bosch was one of the leading companies in the automotive technology sector in 2023, with a 13% market share worldwide. This is anticipated to increase somewhat to 13.5% in 2024 as the business keeps broadening its range of products and market penetration.

Furthermore, Bosch has been making significant investments in research and development (R&D), with spending expected to account for USD 8.3 billion US in 2023, or 9% of the company's total revenue. It is projected that this investment will not change in 2024, demonstrating the company's dedication to innovation, especially in fields like artificial intelligence (AI) and the Internet of Things (IoT).

The company's worldwide market share is another critical component of Bosch Statistics. Bosch was one of the leading companies in the automotive technology sector in 2023, with a 13% market share worldwide. In 2024, this is anticipated to increase somewhat to 13.5% as the business keeps broadening its range of products and market penetration.

Significant trends in the company's financial performance and market share across several areas are shown by the Bosch Statistics for 2023 and 2024. Leading worldwide provider of technology and services, Bosch, announced a sharp rise in sales in 2023, coming in at over USD 92.5 billion US. This is an increase of 7.5% over 2022. With its central division, automotive technology, accounting for approximately 60% of total revenue, its products are in high demand, particularly in the electrification and automation markets.

Conclusion

Bosch, as a German multinational company, has emerged as a leader in a variety of sectors that are, in particular automotive supplies and consumer appliances. Bosch statistics reveal that it has shown robust growth and resilience towards a wide variety of disruptions such as global recession and pandemic.

The commitment of Bosch towards growth and development in various sectors is a testament to its German philosophy of perfection and consistent improvement. With a workforce of around 4.3 lakh employees, it has adequately showcased its commitment and adaptability to scale operations successfully in Europe, Asia-Pacific and the Americas. With the positives shown by Bosch, it is well-positioned to remain a leading force in automation and consumer application technologies.

Joseph D'Souza

Joseph D'Souza founded Smartphone Thoughts in 2003 as a personal project to share his insights and experiences with tech gadgets. Over time, it has grown into a well-regarded tech blog, known for its in-depth smartphone reviews and app-related statistics. Joseph is dedicated to providing detailed, well-researched content, including statistics, facts, charts, and graphs, all verified by experts. His goal is to make technological innovations and scientific discoveries easy to understand for everyone. Smartphone Thoughts is now a top source for tech news, appreciated by both tech enthusiasts and beginners.

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