Europe Analog Semiconductor Market Growth Analysis - Market Size, Share, Forecast Trends and Outlook Report (2025-2034)

Europe Analog Semiconductor Market Growth

In 2022, around 30% of all employed people aged 15-74 years reported using digital devices for all/most of their working time in the European Union. Based on industry analysis, Luxembourg (47%) and Sweden and the Netherlands (41%) boast the highest rates of usage of digital devices. Other countries witnessing a similar trend include France (31.7%), Germany (31.7%), Spain (33.2%), and Norway (36.4%). This is expected to favourably impact the Europe analog semiconductor market as analog chips play a crucial role in processing, converting and amplifying different signals.

Analog semiconductors are increasingly found in smart home technologies and Internet of things (IoT) devices, where they handle continuous real-world signals. These chips process sensor data, enable power-efficient operations, and ensure stable connectivity. As IoT adoption grows, the demand for advanced analog components is steadily rising in Europe, thereby contributing to the Europe analog semiconductor market growth.

Europe’s focus on renewable energy and green technologies drives demand for analog semiconductors. As governments and industries invest heavily in solar farms, wind turbines, and energy storage systems, analog chips play a critical role in power conversion, voltage regulation, and grid stability. These components ensure efficient energy harvesting, smooth integration into power grids, and reliable performance under variable conditions. The growing commitment to clean energy solutions continues to propel the market, reflecting Europe’s leadership in sustainability-focused innovation.

Key Trends and Developments

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If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Europe Analog Semiconductor Market Trends

Around 10.9 million passenger vehicles were manufactured in the EU in 2022, thereby recording a year-on-year growth of 8.3%. In 2023, the total number of vehicle registrations in Europe surged by 14% year-on-year to reach 10.6 million car registrations. Sports Utility Vehicles (SUVs) dominated overall sales with a share of 48% in new registrations. Based on industry analysis, evolving customer expectations for in-cabin experience and vehicle driving are positively impacting the Europe analog semiconductor market development.

Analog chips handle continuous signals from temperature, pressure, and airflow sensors, helping regulate fuel injection, emission controls, and overall engine performance. For electric and hybrid vehicles, analog semiconductors monitor voltage, current, and temperature in battery packs, ensuring safety and extending battery life. Besides, analog components provide precise control over electric motors used in electric power steering, traction control, and other drive functions, improving efficiency and responsiveness. This is contributing to the Europe analog semiconductor market growth.

Europe Analog Semiconductor Industry Segmentation

Europe Analog Semiconductor Market Share

Based on form factor, the market is segmented into integrated circuits (ICs) and discrete components. Over the forecast period of 2025-2034, integrated circuits (ICs) are expected to grow at a CAGR of 5.9% amid the growing trend of miniaturisation and increasing complexity of analog signal processing. The cost-effectiveness of integrated circuits (ICs), along with their increasing use in telecommunications, consumer electronics, and automotive applications, is driving the Europe analog semiconductor market development. Meanwhile, discrete components are expected to witness a healthy growth in the coming years as they provide enhanced flexibility in circuit designs and offer customisation benefits.

Leading Companies in the Europe Analog Semiconductor Market

Major market players are expanding their presence in Europe through R&D investments and EU-backed initiatives like IPCEI. As per the Europe analog semiconductor market analysis, companies are enhancing local production, targeting applications in EVs, ADAS, and industrial automation while collaborating on innovations to strengthen Europe's position in the global semiconductor market.

Microchip Technology Inc.

Microchip Technology Inc. was founded in 1987 and is headquartered in Arizona, United States. It is a semiconductor manufacturing company that serves over 125,000 customers across various industrial segments, including automotive, consumer goods, communications, and aerospace and defence, among others.

Skyworks Solutions Inc.

Skyworks Solutions Inc. was founded in 1962 and is headquartered in California, United States. It...

Qorvo Inc.

Qorvo Inc. was founded in 1991 and is headquartered in North Carolina, United States. It speciali...

Texas Instruments Inc.

Texas Instruments Inc. was founded in 1930 and is headquartered in Dallas, United States. It spec...

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other players included in the Europe analog semiconductor market report are Infineon Technologies AG, Analog Devices, Inc., NXP Semiconductors NV, ON Semiconductor Corp., Renesas Electronics Corp., and MediaTek Inc., among others.