Strategy Analytics: Total revenue of automotive semiconductor manufacturers fell by 1.3% in 2019
According to the latest research report "Automotive Semiconductor Vendor 2019 Market Shares" released by Strategy Analytics, NXP, Infineon, Renesas, Texas Instruments and STMicroelectronics are ranked in the top 5 of automotive semiconductor vendor market share in 2019.
The report pointed out that in 2019, the total revenue of automotive semiconductor manufacturers fell by 1.3% year-on-year to $37.2 billion, NXP, Infineon, Renesas, Texas Instruments and STMicroelectronics maintained the top five. NXP and Infineon are very close in revenue, and STMicroelectronics is the only company in the top 5 to grow revenue.
Ian Riches, vice president of the Global Automotive Business Unit of Strategy Analytics, pointed out that in 2019, all major regions including China saw zero and negative growth in automobile production, leading to a continued slowdown in global automotive semiconductor demand. Although this downturn was offset by the benefits of high-growth applications such as ADAS, electrified powertrains and wireless connections, it was not enough to bring revenue growth to automotive semiconductor manufacturers in 2019.
Asif Anwar, Director of Strategy Analytics Services and author of the report, added: “Our analysis shows that despite the difficulty of many companies achieving revenue growth in 2019, Bosch, Micron, Nexperia, nVIDIA, Qualcomm, and Xilinx have all experienced significant growth. In April 2020, Infineon completed the acquisition of Cypress, which will effectively promote the long-term development of Infineon. "
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