The sold production of semiconductors in Denmark witnessed considerable fluctuations between 2013 and 2023. The industry saw significant growth phases, such as from 2013 to 2019, characterized by substantial year-on-year increases, particularly in 2018 and 2019, peaking at 30.695 million Euros in 2019. The period also experienced abrupt declines, with notable drops in 2020 and 2023. By 2023, the value stood at 21.753 million Euros, marking an 8.39% year-on-year decline from 2022.
Looking ahead, the forecast indicates a sharp decline in semiconductor production in Denmark through 2028, with a concerning -34.63% CAGR estimated over the next five years. By 2028, production is projected to shrink severely, highlighting an 88.06% downfall compared to 2023 levels.
Future trends to watch for include:
- Potential market or technological disruptions that could either exacerbate or potentially reverse the declining trend.
- The impact of global semiconductor supply chain adjustments or technological advancements that could affect local production.
- Policy changes or incentivization by the Danish government aimed at revitalizing the semiconductor manufacturing industry.
- Monitoring shifts in demand for specific semiconductor applications that could influence production volumes.
