TI is top of the heap in the industrial semiconductor market, according to IHS iSuppli.
Last year TI had $1.79bn in industrial electronics semiconductor revenue, giving it a 6.5% market share.
“While much attention is heaped on sexier semiconductor markets such as a wireless, computers and consumer electronics, the industrial segment actually outgrew all these areas in 2010,” says iSuppli’s Jacobo Carrasco Heres, “in fact, industrial electronics in 2010 was the second-fastest growing semiconductor market after automotive.”
TI leads because of its worldwide footprint and broad participation in virtually every industrial electronics market segment—from automation to medical, to energy and military, says iSuppli.
The company also benefitted from its strong product offerings in analogue, microcontrollers and digital signal processing.
The completion of the acquisition of National Semiconductor in the third quarter this year is expected to further reinforce TI’s hold on the market.
Industrial electronics includes manufacturing and process automation, test and measurement, medical electronics, building and home control, energy generation and distribution, and military and civil aerospace.
Revenue for semiconductors used in the industrial electronics market grew 35% in 2010, and positive growth is projected for 2011, with brisk double-digit expansion anticipated until 2017.
The leading five companies in the industrial electronics semiconductor arena in 2010 had revenues ranging between $1bn and $2bn, and the top ten suppliers had combined revenues of $11.45bn - roughly 42% of a market worth $27.46bn.
No. 2 was ST ($1.49bn) , followed by: Infineon ($1.42bn) and Intel ($1.21bn). After those came: ADI, Renesas, Toshiba, NXP, Maxim and Mitsubishi.