The Europe Semiconductor Device Market size is estimated at USD 57.46 billion in 2024, and is expected to reach USD 78.63 billion by 2029, growing at a CAGR of 6.47% during the forecast period (2024-2029).
The European semiconductor device market is fragmented. Large market incumbents, such as Intel Corporation, Nvidia Corporation, Kyocera Corporation, Qualcomm Technologies Inc., and STMicroelectronics NV, are present, and as foundries and IDMs increasingly vertically integrate, the market faces heightened competition. This competition is fueled by their robust revenue streams, enabling them to make substantial investments.
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