Aptiv PLC is one of the leading global technology and mobility company which mainly serves the automotive sector. It is a designer and manufacturer of vehicle components as well as provider of electrical, electronic and safety technology solutions to the global automotive market. The company delivers end-to-end smart mobility solutions, active safety and autonomous driving technologies and provides enhanced user experience and connected services.
On Dec, 5, 2017, Delphi Automotive plc spun off its legacy powertrain business and the remainder of the company, changing its name to Aptiv.
Aptiv is one of the largest vehicle component manufacturers. Its customers include all 25 of the largest automotive original equipment manufacturers (“OEMs”) in the world.
The company operates 126 major manufacturing facilities and 15 major technical centers. The company enjoys a presence in 44 countries and has approximately 18,600 scientists, engineers and technicians focused on developing market relevant product solutions for our customers.
Aptiv’s business is diversified across end-markets, regions, customers, vehicle platforms and products. In 2019, 27% of net sales came from the Asia Pacific region, which has been identified as a key market likely to witness substantial long-term growth.
The company operates through two reportable segments — Signal and Power Solutions and Advanced Safety and User Experience. In 2019, the company generated $14.4 billion revenues (down 1% year over year).
Signal and Power Solutions: This segment designs, manufactures and assembles vehicle’s electrical architecture, including engineered component products, wiring assemblies and harnesses, connectors, cable management, electrical centers, and hybrid high voltage and safety distribution systems. The segment accounted for 72% of net sales in 2019.
Advanced Safety and User Experience: This segment provides critical components, systems and advanced software development for passenger safety, security, comfort and vehicle operation. Offerings include passive and active safety electronics, infotainment and connectivity systems, autonomous driving software and technologies, body controls, displays and systems integration.