Europe Semiconductor Market Overview
Market Size in 2024: USD 126.3 Billion
Market Forecast in 2033: USD 217.1 Billion
Market Growth Rate: 5.7% (2025-2033)
According to the latest report by IMARC Group, the Europe semiconductor market size was valued at USD 126.3 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 217.1 Billion by 2033, exhibiting a CAGR of 5.7% from 2025-2033.
Europe Semiconductor Industry Trends and Drivers:
Driven by fast technical advancements and growing integration of smart systems throughout several sectors, the Europe semiconductor sector is now enjoying tremendous momentum. Demand for high-performance semiconductors supporting increased data transmission speeds and low latency applications is growing along with the spread of fifth- generation (5G) networks. Simultaneously, the growing Internet of Things (IoT) ecosystem is driving demand for a variety of semiconductors, including sensors and microcontrollers, to enable connected devices in smart homes, industry automation, and urban infrastructure. Applications of artificial intelligence (AI) drive the market even more as they need complex logic devices and memory solutions to manage demanding calculations and big datasets. As producers look for more effective and small semiconductor parts, the rise in consumer electronics—from cellphones to wearable devices—is also significantly helping market growth. Further boosting market expansion potential is the fact that continuous research and development investments by major industry players are spurring innovation in new materials like silicon carbide and gallium manganese arsenide, which provide improved thermal stability and electrical performance.
With the move toward electric vehicles (EVs) and autonomous driving technologies generating significant demand for sophisticated semiconductor components, the automotive sector is evolving as a crucial engine of growth for the Europe semiconductor market. While microprocessor units and analog integrated circuits enable real-time decision-making and safety features in autonomous vehicles, power devices and sensors are essential in EV battery management systems. Simultaneously embracing smart manufacturing methods dependent mostly on semiconductors for automation, predictive maintenance, and robotics are industrial uses. Supporting cloud computing and big data analytics, data centers are growing swiftly and need high-capacity memory devices and logic components for effective storage and processing. Furthering semiconductor demand, the telecommunications sector is putting up 5G infrastructure and modernizing current networks. Simultaneously, the aerospace, defense, and healthcare industries are using advanced semiconductor technology to improve precision, dependability, and performance in mission-critical applications, thereby supporting the broad expansion across end-use markets.
Regionally, Germany, France, and the Netherlands are leading the Europe semiconductor market through strong industrial bases and strategic investments in technology development. Germany’s prominence in automotive manufacturing is driving substantial semiconductor demand for electric mobility and Industry 4. 0 initiatives, supported by government incentives and collaborations with semiconductor suppliers. Using its defense and aerospace know-how, France is promoting high-reliability semiconductor component use for sophisticated systems. With its emphasis on research and development and a strong logistical network supporting effective supply chains, the Netherlands is a major semiconductor center. Emerging economies in Eastern Europe are also becoming well-known through raising manufacturing capacity and drawing in outside investment, hence helping to create a diverse and robust regional market environment. Together allowing the Europe semiconductor industry to sustain growth and retain worldwide competitive edge, these country-specific dynamics promote innovation, enable technology transfer, and enlarge production capacity.
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Europe Semiconductor Industry Segmentation:
The report has segmented the market into the following categories:
Breakup by Components:
- Memory Devices
- Logic Devices
- Analog IC
- MPU
- Discrete Power Devices
- MCU
- Sensors
- Others
Breakup by Material Used:
- Silicon Carbide
- Gallium Manganese Arsenide
- Copper Indium Gallium Selenide
- Molybdenum Disulfide
- Others
Breakup by End User:
- Automotive
- Industrial
- Data Center
- Telecommunication
- Consumer Electronics
- Aerospace and Defense
- Healthcare
- Others
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Europe Semiconductor Market News:
- In December 2023: Intel Corporation and Siemens AG signed a memorandum of understanding (MoU) to advance semiconductor manufacturing production efficiency and sustainability.
- In February 2024: Micron started the mass production of its high-bandwidth memory (HBM) semiconductor for application in Nvidia’s latest chip for artificial intelligence (AI).
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Ask analyst for your customized sample: https://www.imarcgroup.com/request?type=report&id=9425&flag=C
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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