Semicast defines the industrial sector to include traditional areas such as factory automation, motor drives, lighting, building automation, test & measurement and power & energy, as well as medical electronics and industrial transportation. Semicast excludes the aerospace and defense sectors from its analysis. Using this definition, Semicast estimates that revenues for industrial semiconductors totaled $40.7 billion in 2015.
Semicast’s industrial semiconductor vendor share analysis ranks TI as the leading supplier in 2015, with an estimated market share of 8.1 percent, ahead of Infineon with 6.8 percent, Intel (4.9 percent), STMicroelectronics (4.4 percent) and Renesas (3.8 percent).
Infineon’s acquisition of International Rectifier in January 2015 consolidated its position as number two supplier; Intel’s acquisition of Altera at the end of December 2015 raised it above STMicroelectronics to third; NXP’s acquisition of Freescale Semiconductor in December 2015 secured the combined company seventh position in the vendor ranking. TI has not undertaken any significant mergers and acquisitions activity since the purchase of National Semiconductor almost five years ago.
Currency exchange rate changes have also affected the market with the euro and yen in 2015 being weaker against the US dollar by 16 and 13 percent compared with 2014, Semicast said.
Colin Barnden, principal analyst at Semicast Research, said that because the industrial sector is diverse set of fragmented markets there is no dominant semiconductor vendor, with the top ten accounting for about 40 percent of th total.
In 2015 industrial semiconductor revenues were double what they were in 2009 while over the same period the total semiconductor market has increased by 50 percent as consumer electronics was impacted by a slow down in PC and mobile equipment markets.
This means that companies that refocused on industrial applications early, such as Infineon, have done better than others.
Related links and articles: