Infineon displaced NXP from the number one spot as the leading supplier of automotive semiconductors. The annual assessment from Strategy Analytics Powertrain, Body, Safety & Chassis Service (PBCS) Service is detailed in the Automotive Semiconductor Vendor 2020 Market Shares report which presents analysis of 2020 automotive sector revenues and market shares of the leading semiconductor vendors, with revenue splits by major component product category and by region.

This “top-down” analysis of semiconductor vendor sales revenues and market shares in CY 2020 for the automotive application segment represents Strategy Analytics’ estimates of vendor revenues from the automotive sector derived from a combination of discussions with the major semiconductor suppliers, Strategy Analytics' own view and judgment of supplier activity, and its ongoing research and analysis into automotive electronics market growth.

Along with Renesas, Texas Instruments and STMicroelectronics, the top five vendors accounted for almost 49% of the global automotive semiconductor market in 2020. On the other end of the scale, the “Others” category includes over 45 companies that account for around 16% of the 2020 automotive semiconductor market.

Strategy Analytics estimates that 2020 automotive semiconductor vendor revenues were down 6.0% year-on-year, dropping from $37.2 billion in 2019 to $35.0 billion.

The 2020 global market for automotive semiconductors was impacted by the global COVID-19 pandemic in the first half of the year, but pent-up demand initiated a strong recovery allowing automotive semiconductor vendors revenues to grow strongly and minimizing the overall year-on-year decline.

Strategy Analytics estimates of 2020 automotive semiconductor vendor revenues reflected underlying global light vehicle production decreasing by 15.8% compared to 2019, highlighting the impact of vehicle production shutdowns. A strong rebound in light vehicle production coupled with ongoing increases in semiconductor content per vehicle because of an emphasis toward vehicle electrification, as well as ADAS/autonomy feature deployment and wireless connectivity trends allowed semiconductor revenues to recover.

Infineon was the only company in the top five to demonstrate growth in both revenue and market share with the Cypress Semiconductor acquisition helping to cement Infineon as the number one automotive semiconductor supplier.

    

The issue of semiconductor supply shortages is reflected by all companies in their recent financials but the upside to this for most companies is the reporting of positive revenue guidance, strong order pipelines and growing lead times. At the same time, there are indicators that the product being supplied is going straight to production with no signs of double-ordering and inventory build in the distribution channels and at end customers.

While the overall semiconductor shortage may last into 2022, there are indicators that the situation for the automotive industry will start to see signs of improvement from Q3/Q4 onwards and the automotive semiconductor industry is positioned to enjoy a period of sustained growth in revenue and profitability for 2021 and extending into 2022.

Check out the report “Automotive Semiconductor Vendor 2020 Market Shares” for the full analysis and thanks for reading!

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This webinar will be jointly delivered by Strategy Analytics, Munro & Associates, and TechInsights. Each organization brings a wealth of knowledge to the discussion, with Strategy Analytics covering market information, Munro & Associates covering electronic systems, schematics, components, and mechanical structures, and TechInsights analyzing components at the semiconductor level.

Feel free to contact me if you want to discuss this post and the underlying questions raised. For more information on Strategy Analytics’ extensive coverage of the automotive industry, take a look at the PBCS (Powertrain, Body, Chassis & Safety), AVS (Autonomous Vehicles Service), AIT (Automotive Infotainment and Telematics) and ACM (Automotive Connected Mobility) services.