Texas Instruments (TI) maintained its leading position as the largest industrial semiconductor supplier in 2015, followed by Infineon Technologies and Intel, according to the latest IHS Inc. research. Rounding out the top five ranking are STMicroelectronics, which fell to number four, and Analog Devices, which maintained its number five position.
Semicast Research also recently released its ranking of industrial semiconductor manufacturers with similar findings. Texas Instruments was ranked the top vendor of semiconductors in the industrial sector in 2015, followed by Infineon Technologies, Intel, STMicroelectronics, and Renesas Electronics.
TI also was ranked the top analog IC supplier in 2015, according to IC Insights, followed by Infineon, Skyworks, Analog Devices, ST, Maxim, NXP, Linear Tech, ON Semi, and Renesas. These 10 companies accounted for 56 percent of global analog sales last year.
The semiconductor industry had a record level of merger and acquisition activity in 2015 that impacted some of the leading industrial semiconductor players,” said Robbie Galoso, associate director, industrial semiconductors, IHS Technology, in a statement. “Strategic acquisitions will continue to play a major role in shaping the overall semiconductor market rankings in key industrial semiconductor segments.”
One of the biggest game changers was the merger between Freescale and NXP. As a result, NXP moved up from 16th to the seventh position in the ranking. “The company will have a stronger presence in nearly all semiconductor device categories especially in microcomponents, analog and sensors,” according to Galoso.
Revenue in the industrial semiconductor industry increased by less than one percent in 2015, reaching $41.9 billion, according to IHS. This follows good growth rates of 11.5 percent in 2014 and 9.8 percent in 2013.
Despite the minimal growth last year, industry researchers and suppliers expect the industrial sector to help drive growth in the electronics industry over the next five years.
“The flat growth in the industrial semiconductor market last year is a bit discouraging, after a period of such robust growth, but there’s hope on the horizon,” Galoso added. “The industrial market showed resilience in 2015 and all signs are pointing to improving growth in the future.”
Research from the IHS Industrial Semiconductors Intelligence Service indicates strong growth ahead in the industrial electronics category. IHS expects industrial electronics to lead growth in the semiconductor industry through 2020, forecasting an 8.4 percent compound annual growth rate (CAGR) between 2015 and 2020.
The top 50 distributors in North America also expect the industrial sector to fuel growth this year, according to EPS News’ top 50 distributors report. Twenty-six out of the leading 50 distributors said the industrial sector will be one of the biggest growth drivers in 2016. This is up from 19 distributors last year. In 2015, the top distributors derived 29 percent of their business from the industrial sector for the second consecutive year.