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Forecast: semiconductor revenue in Europe 2006-2021

In 2019, revenue from the sale of semiconductors in Europe reached 39.82 billion U.S. dollars, with forecasts projecting it will rise to 40.38 billion U.S. dollars in 2021.

Semiconductors: a multi-billion dollar industry

Semiconductors are a big business in Europe, with 3.36 billion U.S. dollars of sales in March 2019 alone. This is similar to the 3.16 billion U.S. dollars of sales seen in Japan , and made up close to 10 percent of the global sales in February 2019.

Ongoing growth

   As the world becomes more reliant on electronics, the potential market for semiconductor manufacturers and retailers will continue to grow. Due to their ability to conduct electricity under some circumstances but not others, they are vital for controlling electrical currents. By adding impurities to a semiconductor, manufacturers are able to customize its conductivity, such as by making it light- or heat-sensitive. 2020 is expected to see growth of around 5.9 percent compared to the previous year, and although it still represents growth, it comes at a reduced rate to that experienced two years prior.

Semiconductor industry revenue in Europe from 2006 to 2021

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Sources

Release date

June 2020

Region

Europe

Survey time period

2006 to 2019

Supplementary notes

* Forecast.

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Statistics on "Companies in the semiconductor industry in the Netherlands"

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