The 10 largest suppliers of analog ICs accounted for 60 percent of worldwide analog sales last year, or $36.1 billion, compared to nearly 61 percent in 2017, or about $33.0 billion, according to the market research firm. The analog chip market therefore grew by 11.2 percent in 2018 compared with 2017.
Strong growth performances by ST, Infineon and Microchip in terms of percentage growth meant that most of the other top ten ranked companies lost market share, including Texas Instruments.
Despite this, the ranking only changed in one position compared to last year (see TI stretches lead in analog IC vendor ranking) with Infineon Technologies moving above Skyworks Solutions to take third position. Elsewhere the top ten ranking remained the same.
Top ten ranking of analog IC vendors by 2018 revenue ($millions). Source: IC Insights.
TI retained its position at the top of the ranking. The company’s 2018 analog revenue accounted for 78 percent of its $13.9 billion in IC sales and 72 percent of its $14.9 billion total semiconductor revenue.
TI primarily targets industrial applications (36 percent of 2018 revenue), personal electronics (23 percent of 2018 revenue), and automotive applications (20 percent of revenue) with its analog products. It is worth noting that industrial and automotive applications represented 56 percent of TI’s revenue in 2018, up from 42 percent five years ago.
Next: Europe’s good at this.
Each of Europe’s three major IC suppliers was a top-10 analog supplier in 2018. Collectively, the three companies accounted for 15 percent of the global analog market. Infineon continues to expand its presence in automotive (43 percent of 2018 sales) and power management (31 percent of 2018 sales) applications. Industrial power control (17 percent) and chip card and security (9 percent) rounded out its other major end-use applications.
ST’s analog sales jumped 26 percent to $3.2 billion (5 percent marketshare). A large part of ST’s analog IC sales target motion control (motor driver ICs and high-voltage driver ICs), automation (intelligent power switches), and energy management (powerline communication ICs) applications.
NXP was the sixth-largest analog supplier in 2018 with sales that increased 10 percent to $2.6 billion (4 percent marketshare). NXP sells its analog devices into many system functions but one of its key growth areas is automotive, where its analog chips are essential components in emerging lidar, vehicle network, and 5G systems.
Analog sales at On Semiconductor increased 11 percent to $2.0 billion. The increase followed analog sales gains of 35 percent in 2017 and a 16 percent rise in 2016. These three years of gains were partly the result of its acquisition of Fairchild Semiconductor in September 2016.
Analog IC sales at Microchip Technology increased 22 percent in 2018. This was largely dure to Microchip’s $8.35 billion acquisition of Microsemi, which closed in May 2018.
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