Comparing the current results to its competitors, Visteon reported Revenue increase in the 2 quarter 2026 by 9.08 % year on year. The sales growth was above Visteon's competitors' average revenue growth of 1.33 %, achieved in the same quarter.
Visteon's Comment on Competition and Industry Peers
The automotive sector is characterized by intense competition driven by industry consolidation and stringent original equipment manufacturer (OEM) evaluation criteria, including financial viability, product quality, price competitiveness, and technical expertise. The global competitive landscape is shaped by the rapid expansion of Chinese automotive OEMs, which utilize advanced digital, software, and electrification technologies, competitive cost structures, shorter development cycles, vertically integrated supply chains, software-centric development models, and close integration with domestic technology ecosystems. As these OEMs expand internationally, suppliers are required to support accelerated development timelines, comply with localized regulatory requirements, and provide cost-effective solutions while adhering to global standards for quality, safety, and cybersecurity. The company's primary independent competitors include Alpine Electronics, Aptiv PLC, Aumoviad, Denso Corporation, Harman International Industries (a subsidiary of Samsung Electronics Co. Ltd.), Hitachi Ltd., Huizhou Desay, Hyundai Mobis, Innolux Corporation, LG Electronics, Marelli Holdings Co., Ltd., Nippon Seiki, Panasonic Corporation, Preh GmbH, Robert Bosch GmbH, SV, Valeo SA, and Vitesco Technologies.
With revenue growth of 9.08 % within Overall company, Visteon Corp achieved improvement in market share, within Overall company to approximately 2.25 %. << More on VC Market Share.
*Market share is calculated based on total revenue.
January 8, 2024
Global technology leader, Visteon Corporation (NASDAQ: VC), will unveil an array of cutting-edge solutions poised to transform the mobility industry at the Consumer Electronics Show (CES) 2024. This unveiling comes amidst a challenging financial landscape characterized by a quarterly revenue decrease of 1.17%, contrary to the trend among its competitors, who demonstrated an average increase of 5.78% during the same period.Scheduled to take place next week at the Paris Hotel Convention Center in Las Vegas, Nevada, CES 2024 marks the convergence of global technology giants, aspiring innovators, and industry specialists. At an event acknowledged globally as the proving ground for breakthrough technologies and i...
Visteon Corporation, a leading provider of automotive cockpit electronics and connected car solutions, has recently made waves in the Vehicle Tech and Advanced Mobility category with its latest display product, the Deco Trim Command and Control Display. The company has been honored as a CES 2024 Innovation Awards Honoree, showcasing its commitment to pushing the boundaries of innovation in the automotive industry. Despite this accolade, Visteon has faced a significant challenge in terms of revenue decrease compared to its competitors. In the third quarter of 2023, Visteon reported a year-on-year revenue decrease of -1.17%. This stands in stark contrast to the revenue increase recorded by most o...
Allison Transmission Holdings Inc operates under a business model focused on the design, manufacture, and sale of commercial-duty propulsion solutions and components. They primarily specialize in fully automatic transmissions used in medium- and heavy-duty commercial vehicles. Their business revolves around serving various industries such as construction, defense, energy, and transportation through the production and distribution of reliable powertrain systems.
Johnson Controls International Plc Share Performance
+13.85%
This Year
Johnson Controls International Plc
Profile
Johnson Controls International Plcs business model focuses on delivering advanced solutions in smart building technology, energy efficiency, and sustainability, offering products such as HVAC systems, building automation systems, and energy storage solutions. They enhance customer operations through installation, maintenance, and monitoring services, aiming to optimize energy usage and lower operational costs while promoting sustainable practices.
Garmin Ltd operates a business model focused on the development, manufacturing, and distribution of advanced navigation and communication devices. The company generates revenue through a diverse product range, including GPS systems, wearables, and marine electronics, targeting customers across multiple sectors such as automotive, aviation, outdoor activities, and fitness, utilizing direct sales, retail partnerships, and online platforms for global distribution.
Genuine Parts Co operates as a distributor of automotive and industrial replacement parts, leveraging multiple divisions to serve diverse markets. Their business model focuses on sourcing high-quality components from suppliers and efficiently delivering them through a robust network of retail locations and professional service providers to satisfy the needs of both consumers and industry professionals.
Dana Inc is an automotive supplier that operates on a business-to-business model, providing a wide range of drivetrain, sealing, and thermal-management products for various industries. They primarily generate revenue by selling their products to original equipment manufacturers (OEMs) and aftermarket customers. The company combines innovation, quality, and customer relationships to offer tailored solutions and remain competitive in the global automotive market.
Sources:
Visteon Corp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
For your research, we’ve provided 10 tables on Visteon Corp versus competitors, including market share analysis.
You can find them in the navigation menu under Competition.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
