The global technological race is heating up. To keep up, the semiconductor industry, especially in Germany, is witnessing novel innovations, leading to highly integrated products specialized for application with a high leverage effect. Applications across various industries, including aviation, automotive and medical device, is also intensifying.
According to a report by Mordor Intelligence, the European semiconductor market is valued at $50.63 billion in 2023 and is projected to reach $68.52 billion by 2028, registering a CAGR of 6.24 percent from 2023 to 2028.
The rapid growth can be attributed to the increasing consumption of consumer electronic devices around the world. The surging demand for efficient and faster memory chips is also an important contributor.
Several companies are developing innovative ways to improve and expand the applications of semiconductors, such as creating stretchable electronic sensors, patches, and displays based on organic electronics. Intelligent clothing with embedded and wireless sensors is being designed to be wearable.
This edition of Semiconductor Review delivers a bird’s-eye view of the recent developments in the semiconductors space and insights into how organizations are adopting lucrative ways to boost innovations.
We have curated thought leadership articles from industry experts, including Peer Schumacher, Head of Electronics Manufacturing Solutions at Panasonic Connect Europe, and Dana Nikolaj, Business Director Semiconductor at Leadec Europe.
We also took a deep dive into the market trends to narrow down the list of companies delivering innovative semiconductor solutions. Equipped with innovative technological capabilities, companies like HERMOS and Inova Semiconductors help transform businesses at the cloverleaf of various disruptive technologies.
We hope this edition of Semiconductor Review’s Semiconductor Tech Companies - 2023 helps you build the partnership you and your organization need to foster an environment driven by efficient technology.
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