Hanon Systems

Read more
Min Suk Sung's photo - President & CEO of Hanon Systems

President & CEO

Min Suk Sung

CEO Approval Rating

82/100

Founded:

1986

Status:

PublicIndependent CompanyKorea Exchange018880

HANON SYSTEMS TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

Hanon Systems's company profile
Min Suk Sung's photo - President & CEO of Hanon Systems

Min Suk Sung

President & CEO

82/100
21,000
$0
$5.7B
View Profile
1
Hanon Systems's Competitor - Valeo logo
Jacques Aschenbroich's photo - Chairman & CEO of Valeo

Jacques Aschenbroich

Chairman & CEO

94/100
104,000
$1.1B
$23B
View Profile
2
Hanon Systems's Competitor - MAHLE logo
Michael Frick's photo - Interim-CEO of MAHLE

Michael Frick

Interim-CEO

83/100
72,184
- -
$12B
View Profile
3
Hanon Systems's Competitor - DENSO logo
Koji Arima's photo - President & CEO of DENSO

Koji Arima

President & CEO

73/100
168,391
- -
$44.8B
View Profile
4
Hanon Systems's Competitor - Delphi Technologies logo
CEO Avatar

CEO

- -
20,000
$529.7M
$3.7B
View Profile
5
Hanon Systems's Competitor - Bosch logo
Volkmar Denner's photo - Chairman & CEO of Bosch

Volkmar Denner

Chairman & CEO

79/100
400,000
$74M
$87.9B
View Profile
6
Hanon Systems's Competitor - Magneti Marelli S.p.A. logo
Ermanno Ferrari's photo - CEO of Magneti Marelli S.p.A.

Ermanno Ferrari

CEO

67/100
60,000
- -
$14.8B
View Profile
7
Hanon Systems's Competitor - Continental logo
Nikolai Setzer's photo - Chairman & CEO of Continental

Nikolai Setzer

Chairman & CEO

81/100
233,365
- -
$45.5B
View Profile
8
Hanon Systems's Competitor - Eaton logo
Craig Arnold's photo - Chairman & CEO of Eaton

Craig Arnold

Chairman & CEO

71/100
92,000
$27M
$19.1B
View Profile
9
Hanon Systems's Competitor - ZF logo
Wolf-Henning Scheider's photo - CEO of ZF

Wolf-Henning Scheider

CEO

91/100
151,761
- -
$40.1B
View Profile
10
Hanon Systems's Competitor - Aptiv logo
Kevin P. Clark's photo - President & CEO of Aptiv

Kevin P. Clark

President & CEO

80/100
151,000
- -
$15.7B
View Profile
11
Hanon Systems's Competitor - Aisin logo
Kiyotaka Ise's photo - President of Aisin

Kiyotaka Ise

President

- -
148,359
- -
$29.8B
View Profile
12
Hanon Systems's Competitor - Magna logo
Seetarama Kotagiri's photo - President & CEO of Magna

Seetarama Kotagiri

President & CEO

85/100
158,000
- -
$38.9B
View Profile

Missing a competitor? Contribute!

Valeo is perceived as one of Hanon Systems's biggest rivals. Valeo was founded in 1923 in Paris, Île-de-France. Valeo is in the Automobile Parts field. Valeo generates $17.2B more revenue than Hanon Systems.

MAHLE is Hanon Systems's #2 rival. MAHLE is a Private company that was founded in 1920 in Stuttgart, Baden-Württemberg. MAHLE competes in the Automobile Parts field. Compared to Hanon Systems, MAHLE has 51,184 more employees.

DENSO is one of Hanon Systems's top competitors. DENSO's headquarters is in Kariya City, Aichi Prefecture, and was founded in 1949. Like Hanon Systems, DENSO also operates in the Automobile Parts industry. DENSO generates 783% of Hanon Systems's revenue.

Hanon Systems Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$5.7B

Hanon Systems's revenue is the ranked 21th among it's top 10 competitors. The top 10 competitors average 21.6B. Over the last one quarters, Hanon Systems's revenue has decreased by 0%. Specifically, in Q3 2020's revenue was $1.6B.

Hanon Systems Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

Condenser Business of Keihin Corporation

May 2021

Source »
undisclosed
-

-

Global Fluid Pressure & Controls Business - Magna International Inc

Sep 2018

Source »
$1.2B
-
Japan Climate Systems Corporation

Jun 2014

Source »
$6.4M
JCS manufactures heat exchangers for automotive applications.

-

Thermal and Emissions Product Line Business, Cooper-Standard Automotive Inc.

Jun 2014

Source »
$46M
-

These are all the companies that Hanon Systems has acquired. Hanon Systems has acquired 4 companies and its latest acquisition was Condenser Business of Keihin Corporation in May 2021.

Hanon Systems Funding History

No recent funding data found related to Hanon Systems

Hanon Systems Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Volta Energy Technologies is a venture capital firm that makes investments in technology-based energy storage companies.
-
Mar 25, 2019
-
Solid Power is a Colorado-based designer and manufacturer of solid-state rechargeable batteries and related products for electric vehicles.
-
Oct 23, 2018
-

These are all the companies that Hanon Systems has invested in. Hanon Systems has invested 2 companies and its latest investment was Volta Energy Technologies in Mar 25,. Volta Energy Technologies is a venture capital firm that makes investments in technology-based energy storage companies.

Hanon Systems News

March 2, 2021Markets Insider

Hanon Systems to Launch New Manufacturing Site in Korea

SEOUL, March 1, 2021 /PRNewswire/ -- Global automotive supplier Hanon Systems (KS: 018880) today anno... See more »
February 27, 2021BW BUSINESSWORLD

ADVIK acquires Hanon Bangalore Operations Pvt. Ltd. from Hanon Systems specializing in vacuum pump and water pump

ADVIK acquires Hanon Bangalore Operations Pvt. Ltd. from Hanon Systems specializing in vacuum pump an... See more »
January 19, 2021Korea IT Times

Hanon Systems appoints Sung Min-seok as new CEO

Hanon Systems announced on Jan. 18 that it has appointed Sung Min-seok as its new CEO. Sohn Jung-won,... See more »
December 29, 2020AutoCar Professional

Hanon Systems' Pyeongtaek plant produces its 100 millionth compressor

Global thermal and energy management supplier Hanon Systems hs achieved a production milestone on Dec... See more »
October 4, 2020AutoCar Professional

Hanon Systems receives Korean certification for water-cooled condenser for EVs

Hanon Systems, a leading global thermal and energy management automotive supplier, has received a New... See more »
August 12, 2020Korean Investor

Hanon Systems eyes top spot in world's car thermal management system market

Hanon Systems Corp., a South Korean auto parts maker, said on Wednesday it aims to become the world's... See more »
August 12, 2020FuelCellsWorks

Hanon Systems Continues to Lead Global E-mobility Thermal Market as a Core Supplier for Eco-friendly Vehicles

Company intensifies efforts to deliver value-add eco-friendly solutions to the global automotive indu... See more »

Hanon Systems Press Releases

December 14, 2015PR Newswire

China EV Air-conditioner Industry Report 2015 - Forecasts to 2018 - China will be very likely to hit RMB3.276 billion in 2015, up 92.56% from a year earlier.

DUBLIN, Dec. 14, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/researc... See more »
August 6, 2015BUSINESS WIRE

Global Light Vehicle HVAC Market 2015 - Forecasts to 2030

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/bqzq7z/glob... See more »
June 12, 2015PR NEWSWIRE

China Automotive Heat Exchanger Industry Report 2015

DUBLIN, June 11, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/researc... See more »
June 9, 2015PR NEWSWIRE

Visteon Completes Sale of Ownership Interest in Halla Visteon Climate Control Corp. to Hahn & Co. and Hankook Tire

VAN BUREN TOWNSHIP, Mich., June 9, 2015 Transaction valued at approximately $3.6 billion USD Company ... See more »
April 2, 2015PR NEWSWIRE

HVCC Showcases Smart Thermal Management Solutions at 2015 Seoul Motor Show

SEOUL, Korea, April 2, 2015 /PRNewswire/ -- Leading automotive thermal management solutions provider ... See more »
March 27, 2015PRESS RELEASE POINT

Visteon Announces Receipt of All Antitrust Approvals for Sale of Its Ownership Interest in Halla Visteon Climate Control Corp. to Hahn & Co. and Hankook Tire

VAN BUREN TOWNSHIP, Mich., March 27, 2015 - Visteon Corporation (NYSE: VC) announced today that it ha... See more »
March 26, 2015PR FREE.ORG

Global Automotive Air Conditioners Market Size, Share, Trend 2014-2018

Global Automotive Air Conditioners Market Trends, Company Profiles, Demand, Insights, Analysis, Resea... See more »

Hanon Systems Videos

October 25, 2018Hanon Systems Youtube Channel

"Hanon Systems - Palmela Plant 20 Years Video" on YOUTUBE

December 13, 2017Hanon Systems Youtube Channel

"Hanon Systems Growing Business in China" on YOUTUBE

April 24, 2015Hanon Systems Youtube Channel

"2015 Seoul Motor Show - Experience HVCC" on YOUTUBE

Social Media

Hanon Systems Headquarters

95, Sinilseo-ro Seminar Room 3rd Floor

Daedeok-gu, Daejeon Gwang'yeogsi34325

Driving Directions »

Trending Companies

Hanon Systems Summary

ABOUT

Overview

Hanon Systems is a supplier of heating ventilation, air conditioning, emission control, compressors and fluid transport systems for autonomous vehicles. Hanon Systems was founded in 1986. Hanon Systems' headquarters is located in Daedeok-gu, Daejeon G...

CEO

Hanon Systems's President & CEO, Min Suk Sung, currently has an approval rating of 82%. Hanon Systems's primary competitors are Valeo, MAHLE & DENSO.

Frequently Asked Questions about Hanon Systems

  1. When was Hanon Systems founded?

    Hanon Systems was founded in 1986
  2. Who is Hanon Systems's CEO?

    Hanon Systems's CEO is Min Suk Sung
  3. How much revenue does Hanon Systems generate?

    Hanon Systems generates $5.7B in revenue
  4. How much funding does Hanon Systems have?

    Hanon Systems has historically raised $0 in funding
  5. Where is Hanon Systems's headquarters?

    Hanon Systems's headquarters is in Daedeok-gu Daejeon Gwang'yeogsi, KR
  1. How many employees does Hanon Systems have?

    Hanon Systems has 21,000 employees
  2. What sector does Hanon Systems operate in?

    Hanon Systems is in Automobile Parts
  3. Who are Hanon Systems's competitors?

    Hanon Systems's top competitors are Valeo, MAHLE, DENSO
  4. Who has Hanon Systems invested in?

    Hanon Systems's has invested in companies such as Volta Energy Technologies, Solid Power