Stuttgart and Frankfurt, Germany – In the transformation of mobility, Bosch is a driving force. With solutions for the road traffic of the future, Bosch is already growing twice as fast as the market. In 2017, the sales of the Mobility Solutions business sector are expected to increase by 7 percent to some 47 billion euros. Over the same period, global vehicle production will grow just 2.8 percent. “Our business with the automotive industry continues to grow, and will remain strong. This stands us in good stead for the mobility of the future,” says Dr. Volkmar Denner, chairman of the Bosch board of management. The business with driver assistance systems is growing especially strongly at present. These systems are the forerunners of automated driving. Market growth here is 25 percent, and at Bosch it is even higher. As early as 2019, the supplier of technology and services will generate sales of two billion euros with driver assistance systems. By the end of the year, the number of R&D associates in the company’s Mobility Solutions business sector is set to rise nearly 10 percent, to 48,000 people. Technically speaking, the path to accident-free, stress-free, and emissions-free mobility will come through automation, electrification, and connectivity. “It’s not just a case of making better cars. We need new conceptions of mobility,” the Bosch CEO adds.
Contact persons for press inquiries:
Automation: Jörn Ebberg phone: +49 711 811-26223 |
Connectivity: Annett Fischer phone +49 711 811-6286 |
Commercial vehicles, two-wheelers, start-ups and electrification: Inga Ehret phone: +49 711 811-16476 |
Mobility is the largest Bosch Group business sector. In 2023, its sales came to 56.2 billion euros, or just under 60 percent of total Group sales. This makes the Bosch Group one of the leading mobility suppliers. Bosch Mobility pursues a vision of mobility that is safe, sustainable, and exciting. For its customers, the outcome is integrated mobility solutions. The business sector’s main areas of activity are electrification, software and services, semiconductors and sensors, vehicle computers, advanced driver assistance systems, systems for vehicle dynamics control, repair-shop concepts, as well as 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 429,000 associates worldwide (as of December 31, 2023). The company generated sales of 91.6 billion euros in 2023. Its operations are divided into four business sectors: Mobility, Industrial Technology, Consumer Goods, and Energy and Building Technology. With its business activities, the company aims to use technology to help shape universal trends such as automation, electrification, digitalization, connectivity, and an orientation to sustainability. In this context, Bosch’s broad diversification across regions and industries strengthens its innovativeness and robustness. Bosch uses its proven expertise in sensor technology, software, and services to offer customers cross-domain solutions from a single source. It also applies its expertise in connectivity and artificial intelligence in order to develop and manufacture user-friendly, sustainable products. With technology that is “Invented for life,” Bosch wants to help improve quality of life and conserve natural resources. The Bosch Group comprises Robert Bosch GmbH and its roughly 470 subsidiary and regional companies in over 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. Bosch’s innovative strength is key to the company’s further development. At 136 locations across the globe, Bosch employs some 90,000 associates in research and development, of which nearly 48,000 are software engineers.
Additional information is available online at www.bosch.com, www.iot.bosch.com, www.bosch-press.com.