Semiconductors - Netherlands

Netherlands

Revenue in the Semiconductors market is projected to reach US$12.60bn in 2024.
Integrated Circuits dominates the market with a projected market volume of US$10.11bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 8.61%, resulting in a market volume of US$19.04bn by 2029.
In global comparison, most revenue will be generated in China (US$177.80bn in 2024).

Definition:

Semiconductors are the crucial building blocks of all the electronics we see daily. The semiconductor industry comprises companies that design, fabricate, assemble, test, and supply semiconductors that are suitable for various applications. The semiconductor market represents the market size of the semiconductors used in various electronics applications.

Structure:

The semiconductor market is structured into four different markets based on the functionality of the semiconductors as follows:

The Discrete Semiconductors market represents the semiconductors that have a basic function and are mostly built using a single semiconductor device. These are further used in an application in conjunction with other semiconductors.
The Integrated Circuits market is the largest market and represents the semiconductors that have specific functionality. They generally consist of several basic semiconductor devices. This market is further divided into Analog Integrated Circuits, Logic Integrated Circuits, Memory Integrated Circuits, and Micro Integrated Circuits.
The Optoelectronics market represents the semiconductors that have functionality related to light.
The last market Sensors & Actuators represents the semiconductors that sense real-world factors and those that actuate other devices.

Additional Information:

The semiconductor market comprises revenue, revenue change, and key player market shares as the key performance indicators. Only the revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included and the revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B), and governments (B2G). Further definitions of the markets can be found on respective pages.

Key players in this market include Samsung, Intel, SK Hynix, Qualcomm, Micron, etc.,

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Analyst Opinion

The Semiconductors market in Netherlands is experiencing steady growth driven by customer preferences, market trends, local special circumstances, and underlying macroeconomic factors.

Customer preferences: Customers in the Semiconductors market in Netherlands are increasingly demanding high-performance and energy-efficient semiconductor devices. They are also looking for smaller form factors and increased integration capabilities to support the development of advanced technologies such as Internet of Things (IoT), artificial intelligence (AI), and autonomous vehicles. Additionally, customers are seeking reliable and durable semiconductor components to ensure the longevity and reliability of their electronic devices.

Trends in the market: One of the key trends in the Semiconductors market in Netherlands is the increasing demand for semiconductor devices in the automotive sector. As the automotive industry continues to adopt advanced technologies such as electric vehicles and autonomous driving, the need for semiconductors to power these innovations is growing rapidly. This trend is expected to drive the growth of the Semiconductors market in Netherlands in the coming years. Another trend in the market is the rising demand for semiconductors in the healthcare sector. With the increasing focus on medical devices and digital healthcare solutions, the demand for semiconductors to support these technologies is on the rise. From wearable devices to diagnostic equipment, semiconductors play a crucial role in enabling the advancement of healthcare technologies.

Local special circumstances: Netherlands has a strong technology and innovation ecosystem, which contributes to the development and growth of the Semiconductors market. The country is home to several leading semiconductor companies and research institutes, fostering collaboration and knowledge exchange. This ecosystem provides a conducive environment for innovation and drives the development of cutting-edge semiconductor technologies. Additionally, the Netherlands has a highly skilled workforce in the field of semiconductors. The presence of skilled professionals enables the local semiconductor industry to stay competitive and drive innovation. The availability of skilled talent is a significant advantage for the Semiconductors market in Netherlands.

Underlying macroeconomic factors: The Semiconductors market in Netherlands is also influenced by underlying macroeconomic factors. The country has a stable economy and a favorable business environment, which attracts investments and supports the growth of the semiconductor industry. The government's focus on research and development, as well as innovation, further contributes to the growth of the market. Furthermore, the Netherlands is strategically located in Europe, making it an attractive market for semiconductor companies. The country serves as a gateway to the European market, providing access to a large customer base and facilitating trade. This geographical advantage enhances the market potential for the Semiconductors market in Netherlands. In conclusion, the Semiconductors market in Netherlands is driven by customer preferences for high-performance and energy-efficient semiconductor devices. The market is witnessing trends such as increased demand in the automotive and healthcare sectors. The local special circumstances, including a strong technology ecosystem and skilled workforce, contribute to the growth of the market. Additionally, the underlying macroeconomic factors such as a stable economy and strategic location further support the development of the Semiconductors market in Netherlands.

Methodology

Data coverage:

The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the money spent at the manufacturer price level (excluding VAT).

Modeling approach / Market size:

Market sizes are determined through a top-down approach with a bottom-up validation, building on a specific rationale for each market. As a basis for evaluating markets, we use the annual financial reports of the market-leading companies and reports from our primary research. In addition, we use relevant key market indicators and data from country-specific associations. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change.