The revenue in the semiconductor market in Europe was forecast to continuously increase between 2024 and 2029 by in total 30.1 billion euro (+53.4 percent). After the sixth consecutive increasing year, the indicator is estimated to reach 86.46 billion euro and therefore a new peak in 2029.
Data provided by Statista Market Insights are estimates.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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Statista. (June 27, 2024). Revenue of the semiconductors industry in Europe 2018-2029 (in billion euros) [Graph]. In Statista. Retrieved November 24, 2024, from https://www.statista.com/forecasts/1372287/semiconductor-market-revenue-europe
Statista. "Revenue of the semiconductors industry in Europe 2018-2029 (in billion euros)." Chart. June 27, 2024. Statista. Accessed November 24, 2024. https://www.statista.com/forecasts/1372287/semiconductor-market-revenue-europe
Statista. (2024). Revenue of the semiconductors industry in Europe 2018-2029 (in billion euros). Statista. Statista Inc.. Accessed: November 24, 2024. https://www.statista.com/forecasts/1372287/semiconductor-market-revenue-europe
Statista. "Revenue of The Semiconductors Industry in Europe 2018-2029 (in Billion Euros)." Statista, Statista Inc., 27 Jun 2024, https://www.statista.com/forecasts/1372287/semiconductor-market-revenue-europe
Statista, Revenue of the semiconductors industry in Europe 2018-2029 (in billion euros) Statista, https://www.statista.com/forecasts/1372287/semiconductor-market-revenue-europe (last visited November 24, 2024)
Revenue of the semiconductors industry in Europe 2018-2029 (in billion euros) [Graph], Statista, June 27, 2024. [Online]. Available: https://www.statista.com/forecasts/1372287/semiconductor-market-revenue-europe