Forecast: semiconductor revenue in Europe 2006-2019

Revenue from the sale of semiconductors in Europe are expected to reach 43.57 billion U.S. dollars by 2020, up from an expected 41.61 billion U.S. dollars in 2019.

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. 2019 is expected to see growth of around 2.6 percent, and although it still represents growth, it comes at a reduced rate to that experienced in two years prior.

Semiconductor industry revenue in Europe from 2006 to 2019

Revenue in billion U.S. dollars
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Sources

Release date

June 2018

Region

Europe

Survey time period

2006 to 2017

Supplementary notes

* Forecast

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