Key Market Indicators
British semiconductor revenue in 2023 amounted to approximately €16.5 million, marking a sharp decline from the €34.2 million recorded in 2022. This represents a significant 52% drop year-on-year. Since the year 2000, the British semiconductor market has seen an average annual decrease of about 30%. In the global rankings for 2023, the United Kingdom held the 12th position. Denmark edged out the UK with similar revenue of around €16.5 million. Topping the list, France, Germany, and Spain secured the second, third, and fourth spots, respectively, in the semiconductor revenue rankings for the year.