Europe: semiconductor market growth by segment 2019-2029

In 2029, the revenue change is forecast to significantly decrease in all segments compared to the previous time point. Comparing the four different segments for the year 2029, the segment 'Integrated Circuits' leads the ranking with 6.87 percent. Contrastingly, 'Optoelectronics' is ranked last, with 1.77 percent. Their difference, compared to Integrated Circuits, lies at 5.1 percentage points.

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Semiconductor market revenue growth in Europe from 2019 to 2029, by segment

Characteristic	Sensors & Actuators	Integrated Circuits	Discrete Semiconductors	Optoelectronics
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Supplementary notes

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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