Hardware Development Companies Driving Automotive & Mobility Innovation

The automotive industry stands at a transformative juncture as software-defined vehicles, autonomous driving, electrification, and connected mobility reshape the landscape. Hardware development companies are at the forefront of this revolution, delivering the embedded systems, sensors, computing platforms, and IoT infrastructure that power next-generation vehicles.

Market Context and Industry Transformation

The global automotive embedded systems market reached USD 5.52 billion in 2024 and is projected to grow to USD 9.65 billion by 2032, representing a CAGR of 7.22%. This growth is propelled by increasing demand for advanced driver assistance systems (ADAS), electric vehicle adoption, and autonomous vehicle technologies.

Europe’s ADAS market alone is expected to reach USD 35.54 billion in 2025 and grow at a 10.03% CAGR to reach USD 57.31 billion by 2030. The European Commission has launched the Vehicle of the Future initiative with an initial investment of €250 million for 2023-2024, complemented by over €100 billion in private investments under the European Chips Act.

Leading Hardware Development Companies in Automotive & Mobility

1. Yalantis

Yalantis is an end-to-end hardware development agency specializing in the development of complex digital products, with deep expertise in IoT and automotive solutions. Established in 2008 with headquarters in Warsaw, Poland, and global offices in Ukraine, Estonia, and Cyprus, the company employs over 500 engineers and holds ISO 9001, ISO 27001, ISO 27701, and AWS certifications.

Yalantis has become a strong player in automotive and mobility innovation, delivering IoT solutions for OEMs, mobility startups, and fleet operators. The company bridges hardware, embedded systems, cloud infrastructure, and software, solving the integration challenges that often derail hardware projects.

Core Automotive IoT Services cover secure OTA infrastructure, fleet-wide telemetry with predictive maintenance, GPS and driver-behavior fleet management, and unified mobile/in-car/cloud ecosystems for consistent UX and faster decisions.

Technical Hardware Capabilities include embedded development in Rust/C++, custom PCB and automotive-grade board design, secure boot, HIL testing, advanced sensor integration, and IoT hardware for tracking and vehicle health monitoring. The team meets automotive standards and conducts full reliability and environmental testing.

Proven Results include an IoT fleet platform for a US logistics company with 350+ vehicles. Since 2021, a 25-engineer team has enabled real-time monitoring of fuel, engine health, tire pressure, location, and driving style—improving delivery speed, lowering operational costs, and reducing unplanned repairs.

Strategic Partnerships feature long-term collaboration with Toyota Tsusho, plus projects with Bosch, Google X, and RAKwireless.

Competitive Differentiation comes from full-stack execution across hardware, firmware, cloud, mobile, and AI. Expertise in Rust-based automotive firmware, experience with regulated environments, and 40+ end-to-end IoT deployments strengthen credibility, supported by a 4.8/5 Clutch rating across 76 reviews.

2. Bosch

Robert Bosch GmbH, headquartered in Gerlingen, Germany, commands a dominant position across the automotive value chain, from sensors to cloud-based platforms. The company’s end-to-end approach enables predictive diagnostics, real-time updates, and heightened security in automotive applications.

Bosch supplies 70% of global automakers with chips integrated into 200 million+ vehicles, achieving 30% power savings through advanced semiconductor solutions. Core capabilities include advanced driver assistance systems, telematics control units, vehicle-to-everything communications, electronic control units, battery management systems, power electronics for electric vehicles, and radar, camera, and ultrasonic sensors.

3. Continental AG

Continental AG, headquartered in Hanover, Germany, employs over 200,000 people and generated €39.4 billion revenue in 2023. The company specializes in intelligent power electronics, hybrid/electric vehicle platforms, and comprehensive ADAS solutions, producing critical electronic chassis components, sensors, and integrated mobility modules essential for automotive digital transformation.

Automotive solutions include high-voltage power electronics, domain controllers and central computing platforms, camera, radar, and LiDAR sensor systems, electronic brake systems, advanced tire monitoring and smart tire solutions, and telematics and connectivity modules.

4. ZF Friedrichshafen AG

ZF, headquartered in Friedrichshafen, Germany, employs over 168,000 people and reported €46.6B revenue in 2024. The company is known for modular ECUs, advanced safety systems, electrified powertrains, and automated driving platforms.

At IAA Mobility 2025, ZF showcased major innovations: production-ready steer-by-wire for maximum maneuverability, a brake-by-wire toolbox eliminating brake fluid, a smart chassis sensor embedded in ball joints for real-time ride-height monitoring, and the cubiX software platform integrating all chassis actuators with AI-supported calibration.

In e-mobility, ZF offers the SELECT scalable e-drive platform, TherMaS thermal management improving EV range by up to 30%, and the 8HP evo hybrid transmission cutting CO₂ emissions by more than 70%.

ZF recently secured a 5-million-vehicle brake-by-wire order in North America and the first steer-by-wire production contract for the Nio ET9, demonstrating by-wire technology scalability for ADAS and next-generation mobility.

5. Mobileye

Mobileye, headquartered in Jerusalem and owned by Intel, is a pioneer in camera-based ADAS and autonomous driving, with over 100 million EyeQ SoCs shipped since 2004 and adoption by 27+ automakers.

Its EyeQ lineup includes:

• EyeQ 4 (2.5 TOPS) for core single-camera ADAS,
• EyeQ 5 (24 TOPS) for advanced ADAS and partial autonomy,
• EyeQ 6 (34 DL TOPS) enabling Level 3 hands-off systems,
• EyeQ Ultra (176 TOPS) is built for SAE Level 4 autonomy.

The AVKIT58 self-driving platform uses eight EyeQ 5H chips to process data from 13 cameras, 9 LiDARs, and 6 radars. EyeQ Ultra targets key Level-4 adoption barriers by significantly lowering sensor costs while providing high compute performance with optimized power consumption.

Conclusion

The automotive and mobility sector stands at an inflection point where hardware innovation directly enables the industry’s transformation toward electrified, autonomous, and connected vehicles. Leading companies like Bosch, Continental, ZF, and Mobileye provide the foundational technologies that make software-defined vehicles possible.

Yalantis occupies a distinctive position in this ecosystem as an integrated hardware-software engineering partner that solves the critical challenge most hardware projects face: seamless integration across disciplines.