The European market for semiconductor devices is led by Germany, possessing a significant share of 76.01% in value terms as of 2023. The Netherlands follows at 12.99%, with Denmark, the United Kingdom, and Romania contributing lesser shares of 2.43%, 2.01%, and 1.37% respectively. Finland and Estonia present minor shares.
From 2022 to 2023, Denmark experienced the highest growth rate of 8.33%, while Finland followed closely with a 17.65% rise. Germany and the Netherlands showed moderate increases of 1.48% and 1.56% respectively, while Estonia remained flat. The growth highlights increasing interest in highly advanced technologies across Europe, notably by smaller countries seeking to enhance domestic technological capabilities.
Future Trends to Watch:
- Focus on sustainable and green technologies could spur growth particularly in the photovoltaic and LED sectors.
- Technological advancements in photonics and optoelectronics may reshape production and market share distribution.
- Expansion in research and development investments might change the competitive landscape, introducing new players or elevating current minor contributors.
- Global semiconductor supply chain considerations may also influence European production strategies and shares.
Top countries in Sold Production of Parts of Diodes, Transistors and Similar Semiconductor Devices, Photosensitive Semiconductor Devices and Photovoltaic Cells, Light-Emitting Diodes and Mounted Piezo-Electric Crystals Share by Country (Euros)
| # | 7 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 76.01 | 2023 | +2.25% | +1.48% | View data |
| 2 | 2 Netherlands | 12.99 | 2023 | +5.94% | +1.56% | View data |
| 3 | 3 Denmark | 2.43 | 2023 | +5.69% | +8.33% | View data |
| 4 | 4 United Kingdom | 2.01 | 2023 | -0.58% | +0.93% | View data |
| 5 | 5 Romania | 1.37 | 2023 | +6.66% | +6.23% | View data |
| 6 | 6 Finland | 1.03 | 2023 | +7.49% | +17.65% | View data |
| 7 | 7 Estonia | 0.003 | 2023 | +0.0046% | View data |
