November 10, 2011 — In 2010, Texas Instruments Inc. (TI) took the largest market share for industrial electronics semiconductors, according to a new IHS iSuppli Industrial Electronics Market Tracker report.
The industrial semiconductor sector outgrew wireless, computers and consumer electronics in 2010, noted Jacobo Carrasco Heres, industrial electronics analyst at IHS. This made industrial semiconductors the second-fastest growing semiconductor market after automotive for the year. In 2010, industrial semiconductor revenues grew 35%. Despite an H2 2010 slowdown, this momentum will continue on in 2011. Brisk double-digit expansion is anticipated until 2017, IHS reports.
TI earned $1.79 billion in industrial electronics semiconductor revenue, giving it a 6.5% market share, thanks in part to a broad product offering. TI has a global footprint and products in virtually every industrial electronics market segment (automation, medical, energy, military, etc). "The company also benefited from its strong product offerings in analog, microcontrollers and digital signal processing," Carrasco Heres noted.
TI completed its acquisition of National Semiconductor in Q3 2011, which will reinforce TI