A new market study made by IC Insights, reveals that with analog sales of $14.1 billion and 19% marketshare, Texas Instruments maintained in 2021 its firm grip as the world’s leading supplier of analog devices. TI’s 2021 analog sales increased nearly $3.2 billion or 29% compared to 2020, according to IC Insights’ 2Q22 Update to The McClean Report that was released in May. TI’s 2021 analog revenue accounted for 86% of its $16.3 billion in IC sales and 81% of its $17.3 billion in semiconductor revenue.
IC Insights’ ranking includes sales of general-purpose analog components, mixed-signal analog, and application-specific analog devices that have at least 50% analog circuitry on board. This follows the definition established by WSTS that reads, “Devices are classified as analog if at least 50% of the total die area of the integrated circuits(s) in the device is occupied by analog circuitry.”
Six of the top 10 analog companies are based in the U.S., three are headquartered in Europe, and one is based in Japan. Collectively, the top 10 accounted for $50.4 billion in analog IC sales last year, which represented 68% of the total analog market. Each of Europe’s three major IC suppliers—Infineon, ST, and NXP—was a top 10 analog supplier in 2021. Collectively, the three companies accounted for 16% of global marketshare.
Analog ICs remain a critical component in nearly all digital-centric systems. The analog market typically grows (and declines) at a more tempered rate than the total IC market. The analog market in 2021 grew by 30% last year, while the total IC market increased 26%.
Ranked third in 2021 with analog sales of $5.9 billion was Skyworks Solutions, whose 49% jump in revenue was the largest percentage increase among the top analog suppliers. Skyworks is focused on front-end modules and power amplifiers for handsets and smartphones, highly integrated SiP and SoC devices for wireless infrastructure, power management chips, precision analog components, Wi-Fi , ZigBee and Bluetooth applications. Skyworks’ largest customer in 2021 was Apple, which accounted for 59% of its sales.