Analog Devices Ascends to Second Place in Industrial Semiconductor Market

ADI moves to second-place in the industrial semiconductor market

In a review of the 2017 industrial semiconductor market, it was revealed that Analog Devices made a jump up to second place among leading suppliers of industrial chips. Texas Instruments retained its position at the top.

ADI’s move was largely aided by its $14.8 billion acquisition of rival Linear Devices, according to IHS Markit.

Taking a step back and looking at the overall industrial semiconductor market, this sector grew by 11.8 percent last year to reach $49.1 billion, IHS said. This was largely due to increased demand for industrial equipment across numerous markets, chief among them commercial and military aircraft, LED lighting, digital signage, and digital video surveillance.

Robbie Galoso, associate director and principal analyst for industrial semiconductors at IHS Markit, released the following statement of reflection:

Looking ahead, IHS forecasts that the industrial chip market will continue to increase at a compound annual growth rate of 7.1 percent through 2022.

For those curious, the top 10 suppliers after TI and ADI were, in order: Intel, Infineon, STMicroelectronics, Micron Technology, Toshiba, Microchip, ON Semiconductor and NXP Semiconductors, according to IHS. Each of these industrial semiconductor suppliers posted growth last year

Worth pointing out: No Chinese firms were among the top 10 suppliers of industrial semiconductors last year. However, IHS noted that China’s massive investment in LED manufacturing are beginning to pay off, with Chinese firm MLS increasing sales by 50 percent last year to reach $1 billion, moving the company up five spots to reach 13in in the industrial chip market. MLS beat out other leading general lighting LEDs suppliers Nichia, Osram and Cree, IHS said.

Via our sister site EETimes