Semicast’s industrial semiconductor vendor share analysis reports TI with an estimated market share of 8.1 percent, the leader in industrial chip vendors. TI placed ahead of Infineon (6.8%), Intel (4.9%), STMicroelectronics (4.4%) and Renesas (3.8%) in the report by Semicast.
According to Colin Barnden, principal analyst Semicast Research, “In practice, the industrial sector is a collection of markets within a market, and is heavily fragmented across applications, OEMs, and regions. Accordingly, it has no dominant semiconductor vendor, with the top 10 accounting for only around 40% of the total. The market is also fragmented across product types, with the three largest categories (analog, optoelectronics, and MCU/MPU) accounting for two-thirds of all revenues – but with no one vendor strong in all three areas.”
TI maintained the first spot without any significant mergers and acquisitions activity since the purchase of National Semiconductor almost five years ago. Infineon acquired International Rectifier in January 2015 to maintain its position in the list as the number two supplier; Intel raised above STMicroelectronics to third with the Altera acquisition late last year. NXP stood at 7th in the vendor ranking with the acquisition of Freescale Semiconductor also at the same time.
According to Semicast, the industrial sector includes automation, motor drives, lighting, building automation, test & measurement and power & energy, along with medical electronics and industrial transportation. Semicast excluded the aerospace and defence sectors from this analysis. By this definition, revenues for industrial semiconductors are estimated at a total of $40.7 billion in 2015.
Currency exchange rate changes have also affected the market said Semicast. Euro and yen had been weaker against the U.S. dollar by 16% and 13% comparing 2015 to 2014.
Industrial semiconductor revenues doubled what they were in 2009 by 2015, while over the same period, total semiconductor market increased by 50%, as consumer electronics were impacted by a slow down in PC and mobile equipment markets. Hence, companies that shifted focus on industrial applications early performed better than others.