Business/economy

International Motor Show (IAA) 2015 Bosch overtakes the automotive market Sales in automation and connectivity in the billions

  • Mobility solutions: growth in weaker market environment
  • Groundbreaking development in battery technology for electric vehicles
  • Assistance systems: sales expected to reach one billion euros by 2016
  • Services: Bosch is connecting cars beyond the hood
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  • September 15, 2015
  • Business/economy
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press release

Frankfurt/Stuttgart, Germany – The Bosch Group's mobility business is growing considerably faster than the global automotive market. “Bosch is assuming a leading role in the transformation that is about to sweep through the automotive sector. Automation, electrification, and connectivity – Bosch is already enjoying success in all three areas,” said Dr. Volkmar Denner, chairman of the board of management of Robert Bosch GmbH, at the International Motor Show (IAA) in Frankfurt. The Mobility Solutions business sector is expecting sales growth in 2015 of around ten percent, or five percent after adjusting for exchange-rate effects1. In the same time period, global vehicle production will only increase marginally. One reason for Bosch's success is efficient combustion technology. This year, the supplier of technology and services will sell 15 percent more gasoline direct injection systems and ten percent more high-pressure diesel injection systems. Sales of ESP systems will also grow once again by a quarter. “Our innovative strength in all the mobility growth trends is helping us attract new customer groups and tap business opportunities beyond the automotive industry,” Denner said.

Mobility solutions: new customers, new services
Whether for private or commercial vehicles, multimodal transportation offerings, fleet management, or smart transportation infrastructure, Bosch brings together vehicle technology, the data cloud, and services to offer complete mobility solutions. In the future, the customers for these solutions will include new market players such as Tesla, Google, two-wheeler manufacturers, and car-sharing providers. Bosch is also already working on specific projects with insurers, leasing companies, and other fleet operators.

Breakthrough in battery technology: solid-state cells for electric cars
At this year's IAA, Bosch is presenting solutions and innovations in the growing fields of connectivity, automation, and electrification. Each year, Bosch invests nearly 400 million euros in turning electromobility into a reality. That this is bearing fruit was underscored by Denner, who presented a possible breakthrough innovation in battery technology. Having bought U.S. start-up Seeo Inc. (Hayward, CA), Bosch now possesses essential know-how in the area of innovative solid-state cells. This technology complements the developments the company has already achieved with its Japanese partners GS Yuasa and Mitsubishi Corporation. To date, the aim has been to double energy density and halve its costs by the end of this decade. With the Seeo technology, Bosch sees the potential to increase the energy capacity of lithium-ion cells even further. “Bosch is applying its knowledge and a great deal of financial resources to help electromobility achieve a breakthrough,” Denner said.

Automated driving: sales in the billions on the horizon
In particular, the trend toward self-driving cars is already a major sales driver for Bosch. More and more new vehicles feature assistance systems such as lane-keeping support or emergency brake assist. Sales of radar and video sensors will once again double in 2015 for the second year in a row. This high demand means sales of Bosch driver assistance systems will exceed one billion euros as soon as 2016. As Denner explained, “Automated driving will arrive gradually by a process of developing and refining driver assistance systems.” The company has some 2,000 engineers working on this alone – a good 700 more than two years ago.

The company has also set itself ambitious goals for connectivity. Bosch technology is making vehicles an active part of the internet, but this development will go beyond cars in the future. Bosch already supports providers of car and bike sharing and operators of trains and buses with software solutions. It is in the services business where Bosch's versatility is particularly advantageous. The supplier of technology and services is in a better position than any other company in the automotive sector to connect mobility with energy, building, and industrial technologies.

1Since February 2015, Bosch Automotive Steering GmbH (formerly ZF Lenksysteme GmbH) has been consolidated as part of the Mobility Solutions business sector.

Contact person for press inquiries:
René Ziegler, phone: +49 711 811-7639

IAA technology in a nutshell
The Bosch innovations on show at the IAA 2015
Electrification, automation, and connectivity for the mobility of the future
PI9012


New systems, new services, new customers:
Bosch mobility solutions

Presentation by Dr. Volkmar Denner,
chairman of the Bosch board of management,
at the IAA press conference
in Frankfurt on September 15, 2015
RF00258


Click here to find further information

Mobility Solutions is the largest Bosch Group business sector. In 2015, its sales came to 41.7 billion euros, or 59 percent of total group sales. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector combines the group’s expertise in three mobility domains – automation, electrification, and connectivity – and offers its customers integrated mobility solutions. Its main areas of activity are injection technology and powertrain peripherals for internal-combustion engines, diverse solutions for powertrain electrification, vehicle safety systems, driver-assistance and automated functions, technology for user-friendly infotainment as well as vehicle-to-vehicle and vehicle-to-infrastructure communication, repair-shop concepts, and technology and services for the automotive aftermarket. Bosch is synonymous with important automotive innovations, such as electronic engine management, the ESP anti-skid system, and common-rail diesel technology.

The Bosch Group is a leading global supplier of technology and services. It employs roughly 375,000 associates worldwide (as of December 31, 2015). The company generated sales of 70.6 billion euros in 2015. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiaries and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing and sales network covers some 150 countries. The basis for the company’s future growth is its innovative strength. Bosch employs 55,800 associates in research and development at 118 locations across the globe. The Bosch Group’s strategic objective is to deliver innovations for a connected life. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.”

Further information is available online at www.bosch.com and www.bosch-press.com, http://twitter.com/BoschPresse.

PI9011 - September 15, 2015

Your contact person for journalists

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+49 711 811-7639 Send Email

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