European Semiconductor Trends in 2024
Semiconductor is part of Electronic Component and includes a number of sub-sectors such as Optoelectronics, Semiconductor Materials, Integrated Circuit, Computer Chip and Chip Manufacturing. You may also be interested in Capacitor.
European Semiconductor Revenue is projected to decline sharply, reaching approximately €510 million by 2028. This is a significant drop from the €1 billion recorded in 2023, marking an average annual decrease of 17%. The European market has experienced a consistent downturn since 2019, with an average annual decline of more than 20%. In 2023, Italy led in semiconductor revenue, generating around €344 million. Following Italy, France, Germany, and Spain occupied the second, third, and fourth positions, respectively. While Sweden saw a notable growth of nearly 48% year-on-year, Germany experienced a steep decline, with its revenue dropping by over 33% since 2019.
Top 10 countries
In 2024 major markets in the Semiconductor Industry were:
Semiconductor Market Data and Forecasts
How much the Semiconductor industry is expected to grow to 2028?
Global Semiconductor Statistics
- Electronic Component Import 192 countries (Africa, Sub-Saharan Africa, Asia...)
- Electronic Component Export 188 countries (Asia, Africa, Latin America...)
- Lasers Import 189 countries (Africa, Asia, Sub-Saharan Africa...)
- Integrated Circuit Import 190 countries (Africa, Sub-Saharan Africa, Asia...)
- Integrated Circuit Export 174 countries (Latin America, Africa, Asia...)
- Lasers Export 147 countries (Asia, Middle East, Africa...)
- Semiconductor Import 186 countries (Africa, Sub-Saharan Africa, Latin America...)
- Industrial Equipment Import 192 countries (Africa, Sub-Saharan Africa, Asia...)
- Semiconductor Export 122 countries (Europe, Asia, Africa...)
- Industrial Equipment Export 189 countries (Asia, Africa, Latin America...)