The United Kingdom Semiconductor Industry Outlook 2023

See how the United Kingdom Semiconductor performed compared to key markets such as Italy, France and Germany.

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.

United Kingdom Semiconductor Market Data and Forecasts

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