United Kingdom Semiconductor Market Growth Analysis - Forecast Trends and Outlook (2025-2034)
Description
The United Kingdom semiconductor market size reached around USD 13.12 Billion in 2024. The market is estimated to grow at a CAGR of 6.70% in the forecast period of 2025-2034, reaching a value of USD 25.09 Billion by 2034.
Semiconductors are crucial components of modern electronic systems and are widely utilised in power electronic components such as switches and transistors and are the primary components of computer chips.
The rising adoption of electric vehicles (EVs) in the UK, driven by the need for sustainability, is surging the demand for semiconductors. Semiconductors are used in the automotive market as airbag sensors, in ABS break, automatic cars, and navigation work. The demand and popularity of automatic cars is expected to drive the semiconductor market. A large number of chips are available and used in these vehicles.
Figure: Cumulative number of battery-electric cars in the UK (2019 to date)
Key Trends and Developments
Rising research and development activities; rollout of 5G technology; expansion of the automotive sector; and rising number of data centres are the key trends impacting the United Kingdom semiconductor market growth
Dec 6, 2023
Pragmatic raised GBP 182 million for the expansion of its manufacturing facilities for boosting its UK semiconductor production.
May 18, 2023
The government of UK announced an investment of GBP 1 billion (USD 1.24 billion) for its semiconductor sector, aimed to improve its domestic chipmaking capabilities and prevent disruptions to supply.
Nov 10, 2022
Micron Technology, Inc. announced the availability of DDR5 memory for the data centre for 4th generation AMD EPYC™ 9004 Series processors.
Increasing deployment of 5G networks and smartphones
Several UK communities are gaining access to 5G networks, as operators across the country accelerate 5G deployments, which will increase the adoption of semiconductors by base stations and wireless network equipment.
Increasing research and development
The rising focus on research and development is supporting the development of new semiconductor solutions to cater to the rising demand from diverse industries. Highly qualified semiconductor and embedded software design engineers are continuously working in the fields of radio frequency (RF), analogue, interface, power management, security, and digital processing.
Rising demand from the automotive sector
Semiconductors are critical for batteries and power trains and crucial components in the firmware found in a majority of modern vehicles. Additionally, as the number of EV orders keeps increasing with the incorporation of semi-autonomous features, the need for semiconductors is expected to rise.
A growing number of data centres
The UK is an important market for data centres and is made up of commercial data centre operators that provide data centre services to third parties (data centre colocation), and in-house data centres that support corporate IT functions and customer services for banks, retailers and universities. The country has over 250 operational colocation data centres in places such as London, Manchester, Slough, Birmingham and Wales.
United Kingdom Semiconductor Market Trends
Compound semiconductor technology is based on materials such as gallium nitride and outperforms silicon devices in terms of energy efficiency, size, and speed and is used to power transformational applications. According to the United Kingdom semiconductor market analysis, major autonomous and electric vehicle manufacturers, technology companies, and communication providers are adopting compound semiconductor technology to enhance the performance of their products and solutions.
Further, transition towards greener modes of transportation in the United Kingdom is boosting EV adoption in the country, which, in turn, is surging the usage of semiconductors. Investments to expand EV charging infrastructure in the country are expected to increase the ownership of electric vehicles. By 2030, the UK has planned on reaching 300,000 public electric vehicle charge points.
Market Segmentation
“United Kingdom Semiconductor Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Technology:
Integrated circuits (ICs) are a collection of electronic circuits designed in a single flat piece of semiconductor material, and compared to discrete circuits, are cost and performance effective.
The rising need for high power efficiency and power density in power applications, the requirements for greater functionality in small handheld devices, and faster data transmission rates in the communications segments are driving the need for a range of analogue, discrete, module and integrated semiconductor products to efficiently perform functions such as power switching, power conversion, circuit protection, signal conditioning, signal amplification, and voltage regulation.
Based on end use, the telecommunication sector accounts for the majority of the United Kingdom semiconductor market share
The UK government is increasingly building a resilient and secure communications infrastructure, which is expected to encourage semiconductor fabs to produce high-performance ultra-flat wafers to meet the needs of advanced semiconductors for telecom companies.
Meanwhile, in the consumer electronics sector, semiconductors are integrated within electronic components to perform functions such as processing data and storing information. Advancements in semiconductor technology is increasing its performance and functionality while reducing its size and cost.
Competitive Landscape
The market players are developing new products and the underlying intellectual property to meet customer requirements in terms of product features, quality, performance, and cost
On Semiconductor Corporation
Onsemi is a leading semiconductor manufacturer headquartered in the US, with a strong global supply chain to serve domestic as well as international customers.
Horiba Ltd.
Founded in 1945, Horiba is engaged in the manufacture and supply of automotive emission measurement systems, environmental measuring instruments, scientific analyzers, medical diagnostic analyzers, and measuring equipment applied in the semiconductor industry.
Texas Instruments Incorporated
Headquartered in the United States, Texas Instruments is primarily engaged in the manufacture of semiconductors which are then sold to electronics designers and manufacturers around the world. The company is listed on the Nasdaq stock exchange under the symbol NASDAQ: TXN.
NXP Semiconductors N.V.
Founded in 2006, NXP Semiconductors is a leading semiconductor designer and manufacturer that provides mixed-signal and analogue products. The company deals in several sectors including automotive, communication infrastructure, industrial, mobile, computing, and IoT sectors.
Other notable players operating in the United Kingdom semiconductor market are Renesas Electronics Corporation, Intel Corporation, Samsung Electronics Co., Ltd, SK hynix Inc., Micron Technology, Inc., Qualcomm Incorporated, and Taiwan Semiconductor Manufacturing Company, Ltd., among others.
More Insights On:
Asia Pacific Analog Semiconductor Market United States Semiconductor Memory Market United States Semiconductor Market South Korea Semiconductor Market Australia Semiconductor Market Semiconductor Sensors Market Semiconductor Devices Market India Semiconductor Market China Semiconductor Market Logic Semiconductor Market Semiconductor Market
United Kingdom Semiconductor Market Report Snapshots
United Kingdom Semiconductor Companies
Semiconductors are crucial components of modern electronic systems and are widely utilised in power electronic components such as switches and transistors and are the primary components of computer chips.
The rising adoption of electric vehicles (EVs) in the UK, driven by the need for sustainability, is surging the demand for semiconductors. Semiconductors are used in the automotive market as airbag sensors, in ABS break, automatic cars, and navigation work. The demand and popularity of automatic cars is expected to drive the semiconductor market. A large number of chips are available and used in these vehicles.
Figure: Cumulative number of battery-electric cars in the UK (2019 to date)
Key Trends and Developments
Rising research and development activities; rollout of 5G technology; expansion of the automotive sector; and rising number of data centres are the key trends impacting the United Kingdom semiconductor market growth
Dec 6, 2023
Pragmatic raised GBP 182 million for the expansion of its manufacturing facilities for boosting its UK semiconductor production.
May 18, 2023
The government of UK announced an investment of GBP 1 billion (USD 1.24 billion) for its semiconductor sector, aimed to improve its domestic chipmaking capabilities and prevent disruptions to supply.
Nov 10, 2022
Micron Technology, Inc. announced the availability of DDR5 memory for the data centre for 4th generation AMD EPYC™ 9004 Series processors.
Increasing deployment of 5G networks and smartphones
Several UK communities are gaining access to 5G networks, as operators across the country accelerate 5G deployments, which will increase the adoption of semiconductors by base stations and wireless network equipment.
Increasing research and development
The rising focus on research and development is supporting the development of new semiconductor solutions to cater to the rising demand from diverse industries. Highly qualified semiconductor and embedded software design engineers are continuously working in the fields of radio frequency (RF), analogue, interface, power management, security, and digital processing.
Rising demand from the automotive sector
Semiconductors are critical for batteries and power trains and crucial components in the firmware found in a majority of modern vehicles. Additionally, as the number of EV orders keeps increasing with the incorporation of semi-autonomous features, the need for semiconductors is expected to rise.
A growing number of data centres
The UK is an important market for data centres and is made up of commercial data centre operators that provide data centre services to third parties (data centre colocation), and in-house data centres that support corporate IT functions and customer services for banks, retailers and universities. The country has over 250 operational colocation data centres in places such as London, Manchester, Slough, Birmingham and Wales.
United Kingdom Semiconductor Market Trends
Compound semiconductor technology is based on materials such as gallium nitride and outperforms silicon devices in terms of energy efficiency, size, and speed and is used to power transformational applications. According to the United Kingdom semiconductor market analysis, major autonomous and electric vehicle manufacturers, technology companies, and communication providers are adopting compound semiconductor technology to enhance the performance of their products and solutions.
Further, transition towards greener modes of transportation in the United Kingdom is boosting EV adoption in the country, which, in turn, is surging the usage of semiconductors. Investments to expand EV charging infrastructure in the country are expected to increase the ownership of electric vehicles. By 2030, the UK has planned on reaching 300,000 public electric vehicle charge points.
Market Segmentation
“United Kingdom Semiconductor Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Technology:
- Silicon (Simple) – Larger Node Size Greater Than 180 NM
- Silicon (Complex) – Smaller Node Size Less Than 180 NM
- Compound Semiconductors– Made From Two or More Filaments
- Others
- ICs
- Optoelectronics
- Discrete Semiconductors
- Sensors
- Automotive
- Industrial
- Data Centre
- Telecommunication
- Consumer Electronics
- Aerospace and Defence
- Healthcare
- Others
Integrated circuits (ICs) are a collection of electronic circuits designed in a single flat piece of semiconductor material, and compared to discrete circuits, are cost and performance effective.
The rising need for high power efficiency and power density in power applications, the requirements for greater functionality in small handheld devices, and faster data transmission rates in the communications segments are driving the need for a range of analogue, discrete, module and integrated semiconductor products to efficiently perform functions such as power switching, power conversion, circuit protection, signal conditioning, signal amplification, and voltage regulation.
Based on end use, the telecommunication sector accounts for the majority of the United Kingdom semiconductor market share
The UK government is increasingly building a resilient and secure communications infrastructure, which is expected to encourage semiconductor fabs to produce high-performance ultra-flat wafers to meet the needs of advanced semiconductors for telecom companies.
Meanwhile, in the consumer electronics sector, semiconductors are integrated within electronic components to perform functions such as processing data and storing information. Advancements in semiconductor technology is increasing its performance and functionality while reducing its size and cost.
Competitive Landscape
The market players are developing new products and the underlying intellectual property to meet customer requirements in terms of product features, quality, performance, and cost
On Semiconductor Corporation
Onsemi is a leading semiconductor manufacturer headquartered in the US, with a strong global supply chain to serve domestic as well as international customers.
Horiba Ltd.
Founded in 1945, Horiba is engaged in the manufacture and supply of automotive emission measurement systems, environmental measuring instruments, scientific analyzers, medical diagnostic analyzers, and measuring equipment applied in the semiconductor industry.
Texas Instruments Incorporated
Headquartered in the United States, Texas Instruments is primarily engaged in the manufacture of semiconductors which are then sold to electronics designers and manufacturers around the world. The company is listed on the Nasdaq stock exchange under the symbol NASDAQ: TXN.
NXP Semiconductors N.V.
Founded in 2006, NXP Semiconductors is a leading semiconductor designer and manufacturer that provides mixed-signal and analogue products. The company deals in several sectors including automotive, communication infrastructure, industrial, mobile, computing, and IoT sectors.
Other notable players operating in the United Kingdom semiconductor market are Renesas Electronics Corporation, Intel Corporation, Samsung Electronics Co., Ltd, SK hynix Inc., Micron Technology, Inc., Qualcomm Incorporated, and Taiwan Semiconductor Manufacturing Company, Ltd., among others.
More Insights On:
Asia Pacific Analog Semiconductor Market United States Semiconductor Memory Market United States Semiconductor Market South Korea Semiconductor Market Australia Semiconductor Market Semiconductor Sensors Market Semiconductor Devices Market India Semiconductor Market China Semiconductor Market Logic Semiconductor Market Semiconductor Market
United Kingdom Semiconductor Market Report Snapshots
United Kingdom Semiconductor Companies
Table of Contents
149 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Semiconductor Market Overview
- 5.1 Key Industry Highlights
- 5.2 Global Semiconductor Historical Market (2018-2024)
- 5.3 Global Semiconductor Market Forecast (2025-2034)
- 5.4 Global Semiconductor Market Share by Region 2025 and 2034
- 6 United Kingdom Semiconductor Market Analysis
- 6.1 Key Industry Highlights
- 6.2 United Kingdom Semiconductor Historical Market (2018-2024)
- 6.3 United Kingdom Semiconductor Market Forecast (2025-2034)
- 6.4 United Kingdom Semiconductor Market by Technology
- 6.4.1 Silicon (Simple) – Larger Node size greater than 180 NM
- 6.4.1.1 Historical Trend (2018-2024)
- 6.4.1.2 Forecast Trend (2025-2034)
- 6.4.2 Silicon (Complex) – Smaller Node size less than 180 NM
- 6.4.2.1 Historical Trend (2018-2024)
- 6.4.2.2 Forecast Trend (2025-2034)
- 6.4.3 Compound Semiconductors– Made from Two or More Filaments
- 6.4.3.1 Historical Trend (2018-2024)
- 6.4.3.2 Forecast Trend (2025-2034)
- 6.4.4 Others
- 6.5 United Kingdom Semiconductor Market by Form
- 6.5.1 ICs
- 6.5.1.1 Historical Trend (2018-2024)
- 6.5.1.2 Forecast Trend (2025-2034)
- 6.5.2 Optoelectronics
- 6.5.2.1 Historical Trend (2018-2024)
- 6.5.2.2 Forecast Trend (2025-2034)
- 6.5.3 Discrete Semiconductors
- 6.5.3.1 Historical Trend (2018-2024)
- 6.5.3.2 Forecast Trend (2025-2034)
- 6.5.4 Sensors
- 6.5.4.1 Historical Trend (2018-2024)
- 6.5.4.2 Forecast Trend (2025-2034)
- 6.6 United Kingdom Semiconductor Market by End Use
- 6.6.1 Automotive
- 6.6.1.1 Historical Trend (2018-2024)
- 6.6.1.2 Forecast Trend (2025-2034)
- 6.6.2 Industrial
- 6.6.2.1 Historical Trend (2018-2024)
- 6.6.2.2 Forecast Trend (2025-2034)
- 6.6.3 Data Centre
- 6.6.3.1 Historical Trend (2018-2024)
- 6.6.3.2 Forecast Trend (2025-2034)
- 6.6.4 Telecommunication
- 6.6.4.1 Historical Trend (2018-2024)
- 6.6.4.2 Forecast Trend (2025-2034)
- 6.6.5 Consumer Electronics
- 6.6.5.1 Historical Trend (2018-2024)
- 6.6.5.2 Forecast Trend (2025-2034)
- 6.6.6 Aerospace and Defence
- 6.6.6.1 Historical Trend (2018-2024)
- 6.6.6.2 Forecast Trend (2025-2034)
- 6.6.7 Healthcare
- 6.6.7.1 Historical Trend (2018-2024)
- 6.6.7.2 Forecast Trend (2025-2034)
- 6.6.8 Others
- 7 Market Dynamics
- 7.1 SWOT Analysis
- 7.1.1 Strengths
- 7.1.2 Weaknesses
- 7.1.3 Opportunities
- 7.1.4 Threats
- 7.2 Porter’s Five Forces Analysis
- 7.2.1 Supplier’s Power
- 7.2.2 Buyer’s Power
- 7.2.3 Threat of New Entrants
- 7.2.4 Degree of Rivalry
- 7.2.5 Threat of Substitutes
- 7.3 Key Indicators for Demand
- 7.4 Key Indicators for Price
- 8 Global Investments in Semiconductor Industry
- 8.1 By Country (USA, South Korea, Japan, Taiwan, China, Germany, India, Thailand, Malaysia, France)
- 8.2 By Technology
- 9 Benchmarking of the Semiconductor Manufacturing by Region
- 9.1 Labor Rate Comparison
- 9.2 Utility (Water) Rate Comparison
- 9.3 Electricity Cost Comparison
- 10 Infrastructure, Geo-Political and Economic Indicators for Semiconductor Industry
- 10.1 National Security
- 10.2 Electrification
- 10.3 Water Supply and Land Availability
- 10.4 Software and Designs
- 10.5 Growth in Automotive and Telecommunication Sector
- 11 Competitive Landscape
- 11.1 Supplier Selection
- 11.2 Key Global Players
- 11.3 Key Regional Players
- 11.4 Key Player Strategies
- 11.5 Company Profiles
- 11.5.1 ON Semiconductor Corporation
- 11.5.1.1 Company Overview
- 11.5.1.2 Product Portfolio
- 11.5.1.3 Demographic Reach and Achievements
- 11.5.1.4 Certifications
- 11.5.2 Horiba, Ltd
- 11.5.2.1 Company Overview
- 11.5.2.2 Product Portfolio
- 11.5.2.3 Demographic Reach and Achievements
- 11.5.2.4 Certifications
- 11.5.3 Texas Instruments Incorporated
- 11.5.3.1 Company Overview
- 11.5.3.2 Product Portfolio
- 11.5.3.3 Demographic Reach and Achievements
- 11.5.3.4 Certifications
- 11.5.4 NXP Semiconductors N.V.
- 11.5.4.1 Company Overview
- 11.5.4.2 Product Portfolio
- 11.5.4.3 Demographic Reach and Achievements
- 11.5.4.4 Certifications
- 11.5.5 Renesas Electronics Corporation
- 11.5.5.1 Company Overview
- 11.5.5.2 Product Portfolio
- 11.5.5.3 Demographic Reach and Achievements
- 11.5.5.4 Certifications
- 11.5.6 Intel Corporation
- 11.5.6.1 Company Overview
- 11.5.6.2 Product Portfolio
- 11.5.6.3 Demographic Reach and Achievements
- 11.5.6.4 Certifications
- 11.5.7 Samsung Electronics Co., Ltd.
- 11.5.7.1 Company Overview
- 11.5.7.2 Product Portfolio
- 11.5.7.3 Demographic Reach and Achievements
- 11.5.7.4 Certifications
- 11.5.8 SK hynix Inc.
- 11.5.8.1 Company Overview
- 11.5.8.2 Product Portfolio
- 11.5.8.3 Demographic Reach and Achievements
- 11.5.8.4 Certifications
- 11.5.9 Micron Technology, Inc.
- 11.5.9.1 Company Overview
- 11.5.9.2 Product Portfolio
- 11.5.9.3 Demographic Reach and Achievements
- 11.5.9.4 Certifications
- 11.5.10 Qualcomm Incorporated
- 11.5.10.1 Company Overview
- 11.5.10.2 Product Portfolio
- 11.5.10.3 Demographic Reach and Achievements
- 11.5.10.4 Certifications
- 11.5.11 Taiwan Semiconductor Manufacturing Company, Ltd.
- 11.5.11.1 Company Overview
- 11.5.11.2 Product Portfolio
- 11.5.11.3 Demographic Reach and Achievements
- 11.5.11.4 Certifications
- 11.5.12 Others
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