The 10 largest analog integrated circuit (IC) vendors collectively accounted for 62%, or $34.2 billion, of the $55.2 billion analog IC market in 2019. That was a two-point increase from 60% in 2018, according to data compiled and presented in the April Update to the 2020 McClean Report. The update ranked the top semiconductor companies by sales across several major product categories, including DRAM, flash memory, microprocessors, microcontrollers, and analog ICs. Figure 1 shows the IC Insights ranking of the 10 largest analog IC vendors in 2019.

With $10.2 billion in analog sales and a 19% market share, Texas Instruments maintained a firm grip on its position as the leading provider of analog devices in 2019. TI's analog sales declined by approximately $600 million compared to 2018, but it still had more than 10 times the sales of Renesas, which ranked tenth. TI's analog revenue in 2019 accounted for 80% of its $12.8 billion in integrated circuit sales and 75% of its $13.7 billion in total semiconductor revenue.

In 2019, analog IT sales were concentrated in industrial applications (36% of revenue), smartphones and other personal electronic devices (23% of revenue), and automotive applications (21% of revenue). The company states that all three application segments are highly profitable and offer the best growth opportunities now and in the future.

In second place was Analog Devices (ADI), which saw its 2019 analog IC sales decline 6% to $5.2 billion, representing a 10% share of the global analog market. ADI states that its devices, including many of the products it acquired through its 2017 purchase of Linear Technology, address opportunities "from sensor to cloud, DC to 100 gigahertz and beyond, and nanowatts to kilowatts." Its 2019 sales by end-use application were segmented into industrial (50%), communications (21%), automotive (16%), and consumer (13%).

Each of Europe’s three leading integrated circuit vendors (Infineon, ST, and NXP) was among the top 10 analog vendors in 2019. Collectively, they accounted for 18% of the global analog market share, up two percentage points from 2018. Infineon was the highest-ranked European analog vendor (third place) with sales of nearly €3.8 billion. Infineon continues to expand its presence in automotive (44% of 2019 sales) and power management (30% of 2019 sales) applications. Industrial power control (18%) and chip and security boards (8%) rounded out its other major end-use applications.

Although ST's analog IC revenue fell 3% in 2019, it climbed to fourth place in the rankings. ST's analog sales dropped to $3.3 billion (6% market share). ST's analog focus is on motion control applications (motor controller ICs and high-voltage controller ICs), automation (smart power switches), and energy management (power line communication ICs). One of NXP's key growth areas is automotive, where its analog sales are essential components in emerging systems such as LiDAR, vehicle networks, and 5G. NXP ranked sixth with sales of $2.6 billion (5% market share).

Skyworks Solutions swapped positions with ST and took fifth place in 2019. After achieving record analog sales of $3.7 billion in 2018, the company's analog sales fell by 13% in 2019. The sales decline was partly attributed to the US-China trade war. China was Skyworks' second-largest regional market in both 2018 and 2019. Many of Skyworks' customers are manufacturers of smartphones and other communications and computing equipment, and they have a strong presence in China. Despite the recession, the company accelerated the rollout of its new analog chips and chipsets for the launch of 5G smartphones, wireless infrastructure applications, and wireless gaming headsets.

After three consecutive years of double-digit increases in its analog sales, ON Semiconductor saw its analog sales fall by 13% in 2019. ON has benefited from significant growth in automotive, industrial, and cloud energy applications, which have been key drivers of its analog revenue growth in recent years.

Microchip, ranked ninth, was the only analog vendor in the top 10 to see an increase in its analog sales, which rose 10% to $1.5 billion. Microchip completed its acquisition of Microsemi in May 2018, which helped provide a significant boost to its full-year analog sales in 2019.