Sales continue to remain strong in diverse business sectors
-
$13.7 billion (12.1 billion euros) in sales in North America
-
Bosch invests $470 million in North America
-
Number of associates increases slightly to nearly 34,500
Bosch, a leading global supplier of technology and services, ended its
2017 fiscal year with $13.7 billion (12.1 billion euros) in consolidated
sales in North America, thus remaining at a level similar to the
previous year. The number of associates employed in the U.S., Canada and
Mexico in 2017 stood at nearly 34,500, a slight increase over 2016.
“North America continues to be an important market for Bosch,” said Mike
Mansuetti, president of Bosch in North America. “Our focus is on
developing advanced technologies, especially within the Internet of
Things, that enable the future of mobility, connected cities, consumer
goods and manufacturing facilities. We expect Bosch to remain at the
forefront of the connected world, bolstered by strategic investments
across North America.”
For 2018 Bosch in North America expects healthy growth over the prior
year, driven primarily by the Mobility Solutions business sector. The
three other business sectors are also forecasting positive development
in 2018. The number of associates is expected to remain at a level
similar to 2017.
Bosch continues to invest in North America
Bosch continued to make significant investments in its manufacturing
facilities across the North America region, investing nearly $470
million (413 billion euros) in 2017. Key highlights from the year
include the opening of a 104,000-square-foot Research
and Technology Center in Sunnyvale, California; the launch of an
assembly plant for automotive steering in Querétaro, Mexico; the opening
of a new center of innovation and business accelerator in Guadalajara,
Mexico; and an expansion of a dishwasher plant and central distribution
center in New Bern, North Carolina.
The new facility in Sunnyvale provides 40 percent more space than its
former location and consolidates roughly 200 team members from Bosch
Corporate Research, Robert Bosch Venture Capital and various Bosch
business divisions into one building. Its 20-year presence in Silicon
Valley enables Bosch to collaborate with technology companies and
academic communities as it develops technology innovations in areas such
as artificial intelligence, automated and connected driving, data
mining, and advanced circuits and sensors.
Development of Bosch business sectors
Bosch’s innovative solutions, strategic investments and partnerships
across its four business sectors – Mobility Solutions, Consumer Goods,
Industrial Technology, and Energy and Building Technology – have made
the connected future a reality. From connected vehicles and home
appliances to smart cities and Industry 4.0 applications, Bosch’s
solutions help to ensure a safe, energy-efficient and comfortable way of
living.
Sales in the Consumer Goods and Industrial Technology business sectors
increased over 2016, while Energy and Building Technology sales were in
line with the previous year and Mobility Solutions sales were slightly
lower.
Bosch Mobility Solutions leads with strategic partnerships
Mobility Solutions is Bosch’s largest business sector. With 2017 sales
in North America at $9.0 billion, Mobility Solutions composes 66 percent
of total sales in the region. The sector focuses on automated, connected
and electrified vehicle technologies.
In 2017 Bosch announced a partnership
with Nikola Motor Co. to bring to market the first-ever powertrain
for electric long-haul commercial vehicles. To meet the goal of
launching production by 2021, Nikola and Bosch will commercialize the
world’s first true dual-motor commercial-vehicle eAxle
– a scalable, modular platform with the motor, power electronics and
transmission in one compact unit – for a long-haul truck. The eAxle will
use proven commercial-vehicle electric machine technology and SMG
(separate motor generator) motors from Bosch. The eAxle will be paired
with a custom-designed fuel cell system, developed jointly between
Nikola and Bosch, for the world’s first dual-motor, electric long-haul
commercial vehicles.
In September Bosch debuted its 15-inch freely
programmable connectivity cluster, the largest digital instrument
cluster available for commercial vehicles.
Bosch continues to build solutions on the path to fully automated
driving. In 2017, the global supplier announced a breakthrough in the
development of high-resolution
maps for automated driving. Bosch became the first worldwide to
create a localization layer using radar signals. It also announced a partnership
with Sony Semiconductor Solutions to develop a highly innovative
camera technology that will enable cars to reliably sense their
surroundings even in difficult lighting conditions.
The future of connected mobility includes community-based
parking: Utilizing digital maps created by real-time data measured
by the vehicle, Bosch’s system helps drivers find the nearest available
parking space quickly and safely. Bosch is planning to launch
community-based parking in up to 20 U.S. cities in 2018. In places such
as Los Angeles, Miami and Boston, the company will make real-time
information about on-street parking available to car manufacturers.
Bosch Consumer Goods offers convenience with connectivity
Sales for Bosch’s Consumer Goods business sector in North America were
$2.5 billion. BSH Home Appliances recently announced the largest and
most significant launch in the 102-year history of its Thermador™ brand, debuting
300 new products with more than 800 innovations. Thermador also
introduced the Thermador Connected Experience by Home Connect™, an
industry-exclusive app that connects the consumer to exclusive
personalized content, unique partnerships and customized product
guidance. Bosch Home Connect is a dynamic ecosystem created to connect
home appliances to the Internet of Things. Through its powerful open
platform, Home Connect leads the appliance industry by providing a
growing network of partners and services.
The Power Tools division continues to embrace the maker movement. In
September, Dremel introduced the first-of-its-kind Dremel
DigiLab Laser Cutter, designed to cleanly slice through materials
like wood, acrylic, leather and paper, as well as neatly engrave
surfaces such as glass and anodized metal. Dremel designed this machine
to provide makers of all levels and practices with an outlet for
innovation. As the brand’s latest addition to its lineup of digital
fabrication tools, it has the ability to customize a variety of
materials more quickly and easily than ever before. Backed by 85 years
of Dremel brand legacy, the Dremel DigiLab Laser Cutter will provide a
higher level of safety, ease, reliability and quality to users.
Additionally, Dremel released the Stylo+,
the brand’s first specialized arts and crafts tool. Crafted with the
comfortable ergonomics of a pen, the Stylo+ is a lightweight crafting
tool that empowers creative makers to engrave, carve, polish and sand
with ease. Dremel also released the brand’s first-ever powered cleaning
tool, the Dremel
Versa, which features four interchangeable accessories for indoor
and outdoor cleaning.
Bosch Power Tools also announced an open pilot for its Bluehound
asset tracking solution, a major step toward total connectivity on a
complex construction site. In addition, the Bosch CORE18V
battery continues to be a game-changer for professional users in
construction and the trade markets, who demand more power and greater
runtime.
Industrial Technology provides connected industry products
The Industrial Technology sector’s sales reached $1.4 billion in North
America. Bosch Rexroth, one of the world’s leading suppliers in drive
and control technologies, saw strong growth in mobile hydraulics
resulting from recovery in the construction, mining, offshore and other
industries. Rexroth also launched numerous innovations to empower modern
manufacturing, from data visualization tools such as ActiveCockpit,
IoT
Gateway and Improvidus
to a broad range of connected hydraulics for predictive maintenance and
condition monitoring in heavy machines and equipment. These Industry 4.0
solutions save time and costs. The digital transformation in
manufacturing will continue to influence growth in this segment for the
coming years. By 2020 the Bosch Group aims to generate more than a
billion euros with connected industry.
Energy and Building Technology grows with thermotechnology, video
cameras
Sales for the Energy and Building Technology sector in the region were
$800 million. Bosch’s Thermotechnology division opened a psychrometric
lab, sound lab and testing facility in its new Watertown, Massachusetts,
North American headquarters. The lab is designed to test heating and
cooling technologies. At this location, the Thermotechnology division
develops products specifically for the U.S. market. The group also has
seen growth from its investment in its new air conditioning business
unit.
Bosch’s Building Technologies division (formerly Bosch Security Systems)
introduced a new
“i” series of video security cameras with built-in video analytics.
Through intelligent data capturing and connectivity, the “i” series
video cameras provide alerts to improve security monitoring for
businesses and the general public. The captured data can also be used
for purposes beyond security to make smarter business decisions, such as
monitoring presence to reduce utility bills, identifying patterns in
customer activity to improve sales in retail environments, and more.
Bosch research and development
In addition to the new Sunnyvale location, Bosch also has Research and
Technology Centers in Pittsburgh as well as Cambridge, Massachusetts.
Three areas of research are computational material science, additive
manufacturing and artificial intelligence. Computational material
science involves simulating materials at the atomistic scale to better
understand their properties. Such simulations allow for fast computer
scanning of large arrays of chemical compounds before selecting the most
promising ones for synthesis and physical evaluation. These simulations
significantly speed up the development and discovery of new materials,
for example, in the design of efficient fuel cells.
For additive manufacturing (AM), researchers are working on
industrialization of AM processes and scouting of new AM
technologies. The team is developing process monitoring and simulation
capabilities to enable increased productivity and quality.
The Bosch
Center for Artificial Intelligence was established in 2017 to
further accelerate adoption of AI in Bosch products and processes. BCAI
brings together global expertise from Sunnyvale; Bengaluru, India; and
Renningen, Germany.
Bosch’s community giving efforts reach $20 million milestone
Supporting local communities through grants and volunteering continues
to be a top priority for Bosch.
Since its first grant in 2012, the company’s U.S.-based foundation, the
Bosch Community Fund, has awarded more than $20 million to organizations
and educational institutions across the U.S. In 2017, the Bosch
Community Fund, which focuses on promoting STEM (science, technology,
engineering and math) and environmental sustainability initiatives,
provided 183 grants to various organizations in 40 communities across
the country.
Bosch volunteers in communities
Bosch associates in North America also volunteer
tens of thousands of hours to benefit community organizations, including
FIRST® Robotics and various other STEM educational programs.
Bosch sponsors 21 FIRST Robotics teams throughout North America, and
Bosch associates have volunteered more than 15,000 hours per year to
mentor and coach teams.
Bosch also partners with Michigan Technological University’s Mind
Trekkers to bring The Bosch Experience to STEM festivals across the
country. The corporate social responsibility program guides young
attendees through fun interactive experiments, offering them a
connection between a love for science and a rewarding career.
In addition, Bosch North America’s water conservation efforts have
reduced water consumption by 46 percent across all of its locations
since 2013, including a 14 percent – 19.2 million gallon – reduction in
water consumption between 2016 and 2017.
Bosch Group: Global strategy and business outlook for 2018
Globally, Bosch is aiming for further growth in 2018, despite the
difficult economic climate. After achieving record results in 2017, and
in light of economic and geopolitical risks, the Bosch Group expects its
sales revenue to grow by 2 to 3 percent in 2018. In the first three
months, the sales revenue generated by the company matched the high
level of the same period of the previous year, and even increased by
around 5 percent when adjusted for exchange-rate effects.
“Our company is unequaled when it comes to combining comprehensive
connectivity expertise with broad industry and product know-how. This is
the Bosch Group’s unique selling proposition,” said the Bosch CEO
Dr. Volkmar Denner, speaking at the annual press conference in
Renningen. Denner sees improving the quality of life and contributing to
eco- and climate-friendliness at the top of Bosch’s agenda: “Our
‘Invented for life’ ethos is our motivation for developing the best
possible technologies for environmental protection. We want to help keep
people mobile, while improving air quality.”
To make practically zero-emissions traffic reality, the company is
making heavy investments – both in making electromobility a market
success and in enhancing the combustion engine. Bosch has now achieved a
breakthrough in diesel technology: With their new diesel technology,
Bosch engineers have succeeded in getting NOx emissions down to
one-tenth of the legally permitted limit. On average, test vehicles
equipped with the enhanced technology already emit no more than 13
milligrams of NOx per kilometer, or far less than the 120 milligrams
that will be permitted in Europe after 2020. “There’s a future for
diesel. It will remain integral to tomorrow’s mobility solutions,” the
Bosch CEO said. [More detailed information on these technological
advances can
be found here.]
About Bosch
Having established a regional presence in 1906 in North America, the
Bosch Group employs nearly 34,500 associates in more than 100 locations,
as of December 31, 2017. In 2017 Bosch generated consolidated sales of
$13.7 billion in the U.S., Canada and Mexico. For more information,
visit twitter.com/boschusa,
twitter.com/boschmexico
and www.bosch.ca.
The Bosch Group is a leading global supplier of technology and
services. It employs roughly 402,000 associates worldwide (as of
December 31, 2017). The company generated sales of 78.1 billion euros
($88.2 billion) in 2017. Its operations are divided into four business
sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and
Energy and Building Technology. As a leading IoT company, Bosch offers
innovative solutions for smart homes, smart cities, connected mobility,
and connected manufacturing. It uses its expertise in sensor technology,
software, and services, as well as its own IoT cloud, to offer its
customers connected, cross-domain solutions from a single source. 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.” The Bosch Group
comprises Robert Bosch GmbH and its roughly 440 subsidiary and regional
companies in 60 countries. Including sales and service partners, Bosch’s
global manufacturing, engineering, and sales network covers nearly every
country in the world. The basis for the company’s future growth is its
innovative strength. At 125 locations across the globe, Bosch employs
some 64,500 associates in research and development.
Additional information is available online at www.bosch.com,
www.iot.bosch.com,
www.bosch-press.com,
www.twitter.com/BoschPresse.
Exchange rate: 1 EUR = $1.12968
|
|
2017 Final Sales and Headcount
|
Official conversion rate for 2017: 1,12968
|
|
NORTH AMERICA
|
SALES (in billion USD)
|
Mobility Solutions
|
|
|
|
|
|
|
|
|
|
9.0
|
Industrial Technology
|
|
|
|
|
|
|
|
|
|
1.4
|
Consumer Goods
|
|
|
|
|
|
|
|
|
|
2.5
|
Energy and Building Technology
|
|
|
|
|
|
|
|
|
|
0.8
|
TOTAL
|
|
|
|
|
|
|
|
|
|
13.7
|
|
ASSOCIATES
|
Mobility Solutions
|
|
|
|
|
|
|
|
23 281
|
Industrial Technology
|
|
|
|
|
|
|
|
3 114
|
Consumer Goods
|
|
|
|
|
|
|
|
4 829
|
Energy and Building Technology
|
|
|
|
|
|
|
|
2 218
|
Others
|
|
|
|
|
|
|
|
1 009
|
TOTAL
|
|
|
|
|
|
|
|
34 451
|
|
|
|
|
|
|
|
|
|
|
|
|
SALES AND HEADCOUNT BY SECTOR AND COUNTRY
|
HEADCOUNT
By sector by country
|
|
|
|
|
SALES
By sector by country (in million USD)
|
CANADA
|
|
|
|
|
CANADA
|
Mobility Solutions
|
|
|
25
|
|
|
|
|
Mobility Solutions
|
|
|
538
|
Industrial Technology
|
|
|
288
|
|
|
|
|
Industrial Technology
|
|
|
162
|
Consumer Goods
|
|
|
186
|
|
|
|
|
Consumer Goods
|
|
|
213
|
Energy and Building Technology
|
|
|
13
|
|
|
|
|
Energy and Building Technology
|
|
|
4
|
Others
|
|
|
76
|
|
|
|
|
Others
|
|
|
|
TOTAL
|
|
|
588
|
|
|
|
|
TOTAL
|
|
|
917
|
MEXICO
|
|
|
|
|
MEXICO
|
Mobility Solutions
|
|
|
13 208
|
|
|
|
|
Mobility Solutions
|
|
|
1206
|
Industrial Technology
|
|
|
279
|
|
|
|
|
Industrial Technology
|
|
|
96
|
Consumer Goods
|
|
|
1 370
|
|
|
|
|
Consumer Goods
|
|
|
19
|
Energy and Building Technology
|
|
|
170
|
|
|
|
|
Energy and Building Technology
|
|
|
10
|
Others
|
|
|
724
|
|
|
|
|
Others
|
|
|
|
TOTAL
|
|
|
15 751
|
|
|
|
|
TOTAL
|
|
|
1331
|
UNITED STATES
|
|
|
|
|
UNITED STATES
|
Mobility Solutions
|
|
|
10 048
|
|
|
|
|
Mobility Solutions
|
|
|
7207
|
Industrial Technology
|
|
|
2 547
|
|
|
|
|
Industrial Technology
|
|
|
1159
|
Consumer Goods
|
|
|
3 273
|
|
|
|
|
Consumer Goods
|
|
|
2240
|
Energy and Building Technology
|
|
|
2 035
|
|
|
|
|
Energy and Building Technology
|
|
|
815
|
Others
|
|
|
209
|
|
|
|
|
Others
|
|
|
|
TOTAL
|
|
|
18 112
|
|
|
|
|
TOTAL
|
|
|
11 421
|
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