2022全球汽车零部件供应商研究报告（英文）

GLOBALAUTOMOTIVE SUPPLIERSTUDY2022 Theindustrywentintothethirdconsecutiveyearwithvolumesbelowpre-pandemiclevels-Automotivesuppliersattheedge? LAZARDBerger Contents A COVIDI9SEMICONDUCTORSHORTAGESENERGYCRISISAND StartingwiththeCoviD-19pandemic,theautomotiveindustryisgoingintothethirdconsecutivecrisisyearwithanaboveaveragefinancialburdenespeciallyfortraditionalautomotivesuppliers B SUSTAINABLITYNEWTECHNOLOGIESANDCHANGINGINDUSTRY DYNAMICSASMID-ANDLONG-TERMTASK Theshort-termimplicationshaveaddedchallengesontheautomotivesupplieragendabutnotchangedthelong-termtasksfrombefore-Impactonsuppliersvariesbasedontheirarchetype C LASTINGSUCCESS Mainlytraditionalsuppliersareunderpressure,butallplayersmustdefinetheirsetofstrategic actionstoensurefuturesuccessinavolatilemarketenvironment D SIHOSNIEHISSODSOOLSLONLNOOHOA RolandBergerandLazardAutomotiveteams Globalcrisishavebroughtgrowthtoahaltbutnotchangedtheoverarching technologytrendsandthefuturechallengesforautomotivesuppliers Executivesummary DuetoCovid-19,semi-conductorandraw-materialshortages,UkrainewarandCovid-19relapsesinChinain2022,globalautomotiveproductionVolumeswillreachpre-crisislevelsonlyinthemid-term Althoughthegrowthoftheglobalautomotivesuppliermarketshascometoahalt,averagesuppliermarginscamebacktoi2019levelsin2o21 However,marginpressurefromcostinflationexpectedtofurtherincrease Profitsareallocatedacrossthesupplierlandscapeveryselectively.Whilemosttraditionalautomotivesuppliershavedifficulties,manyelectronics softwareandaftermarketplayersarerealizingaboveaveragemargins Overalltheuncertaintyaboutthedevelopmentinthenear-tomid-termfuturehasneverbeenashighastoday-Fromaglobalrecessionoracollapsingofchipsupplieswithfurthervolumedeclinestoasteadyvolumerecoveryeverythingispossible Onthebackofsubstantiallyrisinginterestrates,financingwillbecomemuchmorechallengingforautomotivesuppliers The.crisesin2020-2022havepushedgeneralautomotivetrendsintothebackground.Nevertheless,digitalization,automateddriving,powertrainelectrificationorachangingE/Earchitecturearethetopchallengesforautomotivesuppliersinthemid-term Priceinflation,volatileproductionvolumesandunevenlydistributedprofitlevelsindicate,thatthegeneralmarketdynamicsneedstochange Globalpandemicsandgeopoliticalconflictsdrivethenecessitytode-globalizesupplierfootprintsandtheinterconnectedsupplychainstoincreasecrisisresilienceinthefuture A. CoViD-19,SemiconductorcrisisandUkrainewarasoperationalshort-termchallenges Theautomotivesupplierindustryisfacinganother difficultyearwithvolatilevolumesandhighuncertainty TheanticipatedvolumerecoveryafterCOViD-1gandthesemiconductorcrisisin202ifailedtomateriatize.Instead,thewarinUkraineandCOViD-19relapsesinChinaputongoingburdensonthemarket Nevertheless,somesupplierse.g.aftermarketplayers,electronicssuppliersorprocessdrivenspecialistsfromAsia,couldoutperformthemarketspushingtheoverallindustrytoaweightedaveragetmarginof5.3%in2021 Fromanoverallperspective,short-noticevolumevolatilitiesarechallengingfor automotivesuppliersmakingefficientshop-flooroperationsandtheuseofcost- reductionlevers,suchasshort-timeworkorsupply-chainmanagement,difficult Withanincreasingfearofrecession,thefurtherdevelopmentoftheindustrydependsespeciallyontheinflationmonetarypoliciesaswellasthecostandsecurityofsupplyofenergythroughoutWesternEurope Theautomotivebusinessbecomesmoreandmorevolatilewith operationalandstrategicchallengesalternating Economiccvclesoftheautomotiveindustryiproductionvolume,#m 89.291.392.293.394.9 74.376.9 89.0 77.2 81.6 85.9 70.6Direction 67.674.6unclear 59.5 Telematics Globat Chip:shortage, trend,BRIC economic& rawmaterial Dot-com countries& financial Growthin Diesel COVI bubble iow-cost.car crisis China gate 19crisis Dcrisis&warinUkraine StrategicchallengesiOperationalchallenges Suppliershavemanydifferentchallengeswhichimpactdailybusinessand requirealotofmanagementattention SuppliericEoradarscreen-shorttermimplications Competition VehicleLegislation manufacturers Price Underutilized capacities Logistics Public sustainability End Reduced transparencyefficiency push SupplychainSupplychainRawmaterial customersICEshareresllence Importanceof Diversity traceability andlabor Fuel efficiency SoftwareandRelevanceof Tier3/4 Electronics Emission Alternativemarkets DigitalNew suppliersregulation Energycost increases Environmentalfeatures collaboration New Covid-19 Rawmaterlal awarenessmodelscompetitors Uncertainty containment Logistic.cost costincreases increase aboutinflation Cost Cost Russia Chip Laborcost claiming Geo-andrecessionrecoverysanctions shortagesincreases Re-financing political Wilingness New Price Enersy shortages ability Capital Decliningrelevance environnentofcIsstates topay Stable XEVwars OEMS WorkforteAttractiVenessCISdivestments markets Tradedemand scarcityofequitystory Risinginterest Costofindustry GeneralGlobaltranstormation uncertainty Flaminguppandemics us-chinatensions State M&AR&D.capital F/Xrate. Ukrainewarfundingopportunitiesdevelepment xxx=Deepcliveonfollowingpages SourceRola