Bosch targets $88B in software, mobility revenue by 2030

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Bosch said reorganizing its mobility business will help various units work together better and faster, citing the example of a new vehicle stabilizing system that can reduce braking distance. The system is based on Bosch’s own vehicle dynamics control software, as well as its braking control hardware.

Bosch Mobility will be the largest of Bosch’s four business units, in addition to energy and building technology, industrial technology and consumer goods. It will have seven divisions:

1. Electrified motion, from electric axles to even seat adjusters

2. Vehicle motion, such as steering and traction control

3. Power solutions, including internal combustion and hydrogen technology

4. Cross-domain computing solutions for automated driving and parking

5. Mobility electronics for ECUs and in-house semiconductor activities

6. Mobility aftermarket

7. Electric bike systems

8. ETAS for “hardware agnostic” software for operating systems and engineering tools.

In discussing its 2022 earnings this month, Bosch said its Mobility Solutions accounted for about $57.77 billion last year. Sales were up by 16 percent, with the margin at 3.4 percent vs. 0.7 percent in 2021. Bosch is not a publicly traded company, and 94 percent of its share capital is held by Robert Bosch Stiftung, a charitable foundation.

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