Europe Integrated Circuits Market Size
| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 51.97 Billion |
| Market Size (2030) | USD 75.77 Billion |
| CAGR (2025 - 2030) | 7.83% |
| Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Europe Integrated Circuits Market Analysis
The Europe Integrated Circuits Market size is estimated at USD 51.97 billion in 2025, and is expected to reach USD 75.77 billion by 2030, at a CAGR of 7.83% during the forecast period (2025-2030).
- The growth of integrated circuits (ICs) in Europe is influenced by several key factors that reflect technological advancements and market dynamics. The continuous evolution of ICs, particularly through advancements in miniaturization and integration, has led to more sophisticated and powerful chips. As ICs become more efficient, they are increasingly integrated into a broad range of applications, from consumer electronics to automotive systems.
- The increasing adoption of smartphones, feature phones, and tablets is driving the market. Analog ICs are utilized in various applications, including third and fourth-generation (3G/4G) radio base stations and portable device batteries. RFICs (radio frequency ICs) are analog circuits that typically operate within the frequency range of 3 kHz to 2.4 GHz (3,000 hertz to 2.4 billion hertz), with some circuits capable of functioning at approximately 1 THz (1 trillion hertz). These circuits are extensively used in cell phones and wireless devices.
- Further, the automotive sector is a major contributor to the IC market, particularly with the rise of electric vehicles and advanced driver-assistance systems. ICs are crucial for various automotive applications, including power management, engine control, and infotainment systems. As the automotive industry shifts toward more electronic and automated solutions, the demand for ICs is expected to grow.
- ICs are expected to perform a wide range of complex functions. The demand for advanced features and capabilities in electronic devices grows as technology advances. Designers need to incorporate complex circuits and algorithms to meet these requirements. This increased functionality leads to larger and more intricate designs, making it challenging to manage and optimize the complex interactions between different components.
- Geopolitical challenges, including the Russian invasion of Ukraine, China-US competition, elections, and the war in Israel, significantly impact the global supply chain, especially critical raw materials vital for traditional industries, defense, high-tech sectors, aerospace, and green energy. The Russia-Ukraine War and economic slowdown caused significant disruption in the semiconductor industry. The increased inflation and interest rates reduced consumer spending, hampered demand, and led to slow growth in the integrated circuit market.
Europe Integrated Circuits Market Trends
Memory Segment is Expected to Have a Significant Growth Rate
- Semiconductor memory includes various electronic data storage devices used in multiple applications. These applications span personal computers (PCs and laptops), consumer electronics (cameras and phones), commercial IT sectors (telecom and data centers), traditional industrial uses, and the expanding IoT landscape. The increasing use of memory ICs in automotive electronics and the rising application of memory storage chips in electronic devices are key factors driving the demand for memory products.
- The increasing demand for data centers also boosts the demand for memory components. Large data center projects in Europe, such as DRAM, contribute to the strong demand for memory.
- DRAM is a high-volume, commodity memory semi-component commonly used in smartphones, tablets, PCs, and servers, among others. Historically, DRAM memory technology has undergone die shrinks, and with the release of the next-generation memory module, the x/y memory cell pattern on the silicon wafer is getting smaller. This is also increasing the cost of manufacturing the next generation of DRAMs due to the rising requirement for precision manufacturing.
- The market for memory chips is driven by the rising popularity of electric automobiles, connected cars, and electronic devices and the increased uptake of innovative technologies like the Internet of Things. Additionally, the growth of application industry verticals like consumer electronics, automotive, and IT and communications in growing economies like Germany, the United Kingdom, and France is anticipated to be a significant market driver.
- Owing to the increasing demand for memory chips, the region provides certifications to global companies to boost demand for NAND Flash and solid-state drives. For instance, SK Hynik Inc., the world's second-largest memory chipmaker, earned international certification for its automotive memory chips from Europe, becoming the first South Korean chipmaker to win the recognition. ASPICE1 Level 2 certification is an industry-standard guideline for automotive software development, particularly for in-vehicle NAND memory chips. European carmakers introduced it to evaluate auto parts suppliers' reliability and capabilities.
The Automotive Industry is Expected to Record Significant Market Growth
- Semiconductor chips have become an integral part of modern-day vehicles, owing to their widespread use in various vehicle functions. Chips used in cars can take many forms, ranging from single components containing a single transistor to intricate integrated circuits controlling a complex system.
- Semiconductor devices, such as memory devices in automobiles, store data. Automobiles have various types of distributed memory, such as ROM, NOR NAND, DRAM, FLASH, and SRAM. Memory devices are widely used in advanced automotive applications such as advanced driver assistance systems, instrument clusters, enriched cabins, powertrains, connected cars, autonomous vehicles, and shared vehicles.
- As automobiles become more sophisticated and interconnected for entertainment, networking, and safety, integrated storage becomes more important. The need for memory devices in the automobile industry is driven by ongoing innovations to provide solutions to the industry's changing requirements.
- According to the European Union, connected device data generation will increase from 33 zettabytes in 2018 to 175 zettabytes in 2025. The European Union declared that its Data Act would govern the data exchanged between connected cars. As a result, major vendors in the area continually invest in new technology and product introductions to keep up with the demand while coping with the regulations.
- Germany is a global automotive powerhouse; it produced over 4 million cars in 2023. The automotive industry contributes significantly to Germany's economy and innovation, with a substantial portion of R&D investment. Tesla's expansion in Germany and the country's commitment to electric vehicles (EVs) drive demand for ICs in automotive electronics. Spain is Europe's second-largest automaker, with a growing focus on electric vehicle production. Major investments from companies like Volkswagen and Chery Auto signal a promising future for the Spanish automotive industry. The shift toward electric vehicles aligns with Europe's carbon neutrality goals, increasing the demand for ICs in EVs.
Europe Integrated Circuits Industry Overview
The European integrated circuit market is fragmented and features key players like Intel Corporation, Texas Instruments, Analog Devices Inc., and STMicroelectronics. Market participants strategically leverage partnerships and acquisitions to bolster their product portfolios and establish a sustainable competitive edge.
- April 2024: Advanced Micro Devices Inc. and NVIDIA Corp. announced the launch of new processors for AI PCs. AMD unveiled a pair of new central processing units optimized for AI PCs to take on rivals such as NVIDIA and Intel Corp., which both offer a range of silicon chips with embedded AI processing capabilities. According to AMD, the new chips will extend its leadership in AI PCs. They leverage a combination of CPUs, GPUs, and dedicated on-chip neural processing units or NPUs to provide dedicated AI processing power that exceeds the company’s earlier generation Ryzen chips. NVIDIA unveiled two new graphics processing units in its RTX family of Ampere-based desktop GPUs.
- February 2024: Intel launched its new vPro platform with Intel Core Ultra laptop processors that will form the foundation for mobile workstations from Dell, HP, Lenovo, and others. Mobile workstations from major OEMs will also ship with a new dedicated Intel Arc Pro workstation graphics driver, which comes with Independent Software Vendor (ISV) certifications and ‘enhanced performance optimizations’ for creative, design, and engineering software.
Europe Integrated Circuits Market Leaders
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Intel Corporation
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Texas Instruments Inc
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Analog Devices Inc
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Infineon Technologies AG
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STMicroelectronics N.V.
- *Disclaimer: Major Players sorted in no particular order
Europe Integrated Circuits Market News
- June 2024: Asahi Kasei Microdevices launched a new line of integrated circuits (ICs) offering advanced capabilities in a more compact package than previous solutions. The CQ36 series of digital output coreless current sensor ICs caters to the growing robotics market. The series features a built-in Delta-Sigma (ΔΣ) modulator, enabling the IC to replace traditional shunt resistors and isolated analog-to-digital converters (ADCs) in a single package.
- May 2024: Apogee Semiconductor Inc. launched the AF54RHC GEO family of radiation-hardened integrated circuits (ICs) designed for MEO, GEO, and deep space missions. The AF54RHC GEO family features essential capabilities for GEO applications, including a required 300 krad (Si) total ionizing dose (TID) performance and greater than 80 MeV·mg/cm² single event effect (SEE) performance. These ICs operate from 1.65 V to 5.5 V and are available in TSSOP 14 and TSSOP 20-pin packages that follow a QML-P “like” flow.
Europe Integrated Circuits Industry Segmentation
Integrated circuits (ICs) are compact electronic devices that integrate multiple components—such as transistors, resistors, capacitors, and diodes—onto a single piece of semiconductor material, typically silicon. This integration facilitates the creation of complex circuits capable of performing various functions within a small physical footprint.
For market estimation, the revenue generated from sales of various types of integrated circuits that are used in various industries, such as consumer electronics, automotive, IT & telecommunication, manufacturing, and automation, across Europe has been tracked.
The European integrated circuits market is segmented by type (analog IC, logic IC, memory, and micro [microprocessor, microcontrollers, and digital signal processors]) and end-user industry (consumer electronics, automotive, IT & telecommunications, and manufacturing and automation). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| By Type | Analog IC | ||
| Logic IC | |||
| Memory | |||
| Micro | Microprocessors (MPU) | ||
| Microcontrollers (MCU) | |||
| Digital Signal Processors | |||
| By End-user Industry | Consumer Electronics | ||
| Automotive | |||
| IT & Telecommunications | |||
| Manufacturing & Automation | |||
| Other End-user Industries (Healthcare, Aerospace & Defense, etc.) | |||
| Analog IC | |
| Logic IC | |
| Memory | |
| Micro | Microprocessors (MPU) |
| Microcontrollers (MCU) | |
| Digital Signal Processors |
| Consumer Electronics |
| Automotive |
| IT & Telecommunications |
| Manufacturing & Automation |
| Other End-user Industries (Healthcare, Aerospace & Defense, etc.) |
Europe Integrated Circuits Market Research Faqs
How big is the Europe Integrated Circuits Market?
The Europe Integrated Circuits Market size is expected to reach USD 51.97 billion in 2025 and grow at a CAGR of 7.83% to reach USD 75.77 billion by 2030.
What is the current Europe Integrated Circuits Market size?
In 2025, the Europe Integrated Circuits Market size is expected to reach USD 51.97 billion.
Who are the key players in Europe Integrated Circuits Market?
Intel Corporation, Texas Instruments Inc, Analog Devices Inc, Infineon Technologies AG and STMicroelectronics N.V. are the major companies operating in the Europe Integrated Circuits Market.
What years does this Europe Integrated Circuits Market cover, and what was the market size in 2024?
In 2024, the Europe Integrated Circuits Market size was estimated at USD 47.90 billion. The report covers the Europe Integrated Circuits Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Europe Integrated Circuits Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Europe Integrated Circuits Industry Report
Statistics for the 2025 Europe Integrated Circuits market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Integrated Circuits analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
