Strategy Analytics Presents Latest Automotive Semiconductor Vendor Market Share Analysis; Motorola, Infineon and STM Top 3 Vendors in Growing $11.5 Billion Market
LONDON--July 2, 2003--In its latest analysis of the global automotive semiconductor market, Strategy Analytics, the global research and consulting company, concludes that Motorola, Infineon and STM continue as the Top 3 IC vendors, collectively holding 28 percent of a global market which grew by 6 percent to $11.5 billion in 2002.In a new Automotive Electronics Service report, "Automotive Semiconductor Vendor Market Shares - 2002," Strategy Analytics identifies Motorola SPS as the #1 vendor to the automotive sector, with a 13.4 percent market share, followed by Infineon (8.2 percent) and STM (6.6 percent). Based upon analysis of vendors' regional sales, the report shows that all three companies grew their automotive revenues in 2002, preserving their relative market rankings and each making modest market share gains. The analysis identifies the other top 10 market vendors and also suggests that in 2003 Renesas Technology Corp., formed in April 2003 from a combination of Hitachi and Mitsubishi semiconductor business units, could be chasing close behind STM for the #3 spot.
Chris Webber, Vice President of Strategy Analytics Automotive Electronics and Telematics Practice, noted, "Semiconductor vendors' revenues in 2002 were impacted by severe competitive pressure on average selling prices, ASPs, however this was offset by continued growth in electronic system content within vehicles. Plus, the leading vendors in Europe had their results in US dollars boosted by the 15 percent relative growth of the Euro through 2002." He added, "Competition in 2003 will be just as tough - the stable growth outlook for the automotive electronics sector is attracting a greater level of semiconductor vendor competition, despite the demanding clients and stringent operational requirements on components. Last year's 6 percent automotive dollar value growth compares with around 2 percent for the total semiconductor market that was rebounding from a fall of 32 percent in 2001, while the automotive semiconductor market declined by less than 2% in the same year."
For a chart, "Global Automotive Market Shares in 2002," please see www.strategyanalytics.com/press/pr00066.htm.
About Strategy Analytics
Strategy Analytics, Inc., a global research and consulting firm, provides timely insights and strategic business solutions to companies operating at the convergence of information, communications and entertainment technologies. With worldwide headquarters in Newton, MA and principal offices in England, France and Germany, Strategy Analytics focuses on market opportunities and challenges in the areas of Automotive Electronics, Broadband, Telematics, Wireless Strategies and Enabling Technologies. For more information, see www.strategyanalytics.com.