Europe Memory Semiconductor Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (DRAM, NAND), By Industry Vertical (Consumer Electronics, Communication & Technology, Automotive, Manufacturing), And By Country- Forecasts From 2022 To 2027

Published:  Jul 2022 Report Code: KSI061612442 Pages: 84

Europe memory semiconductor market is expected to grow at a compound annual growth rate of 4.59% over the forecast period to reach a market size of US$13,701.403 million in 2027, from US$10,009.466 million in 2020.

Semiconductor memory is an electronic device that serves as computer memory and records digital data utilizing IC (Integrated Circuit) technology. Furthermore, such memories are classified according to the kind of data storage and access, such as volatile RAM (Random Access Memory) and non-volatile ROM (Read Only Memory). Semiconductor memory is a frequently used component in electronics. The semiconductor memory can be used in any piece of equipment that has a microprocessor or microcontroller of some kind. Due to the rising use of semiconductor systems in various industries, including automotive, consumer electronics, IT, and telecommunications, the market is expected to witness a growth in global demand.

Furthermore, the global industry has been pushed by the convergence of consumer electronics, automotive applications, and manufacturing applications of the Internet of Things (IoT), as well as rapid IoT adoption in many of these sectors. These technologies include smart, automated systems that make operations management and manufacturing work more swiftly, improving productivity and lowering costs. Furthermore, in recent years, some firms have used large storage capacity semiconductor material memory chips to handle the complexity of the data centre, resulting in increased market growth.

Market Trend

A significant element supporting the market's growth is the rising use of IoT technology across all industry verticals. Due to booming R&D investments by major companies to bring out state-of-the-art technology across all major industry verticals, Europe is expected to have a significant market share in this market during the forecasted period. As a result, a significant increase in this market is expected during the forecasted period. Growth in electric vehicle (EVs) production as a result of various government laws aimed at reducing pollution is also a positive force driving demand in this market in this region. According to the Semiconductor Industry Association, memory semiconductor brings 26% of industry revenues. The two most commonly used memory semiconductors are dynamic random access memory (DRAM) and NAND memory. Europe brings nearly 20% of the revenue, according to the Semiconductor Industry Association.

The rise in demand for memory and storage devices in next-generation connected automobiles and automotive safety systems is credited for the market's growth. Indicator clusters, In-Vehicle News and entertainment (IVI), 3D mapping, telematics, and navigations are all examples of connected car applications where these devices are widely used. The growing trend of major automobile OEMs deploying ADAS, sophisticated sensors, and AI-enabled voice assistance systems will likely boost semiconductor memory's market adoption. To stay competitive in the market, the participants are working on creating energy-efficient semiconductor memory devices for various automotive applications.

Growth Factors

  • Increased use of consumer electronics will aid semiconductor market growth

The rise in disposable income and increased urbanization, coupled with increased population, create demand for regular electronic devices. Washing machines, TVs, refrigerators, and smartphones are equipped with integrated chips for efficient and smooth running.

  • Increasing demand for integrated chips to boost growth

Chips are important strategic assets in core industrial value chains. New markets for the chip industry are emerging due to digital transformation, including highly automated cars, the cloud, IoT, connectivity (5G/6G), space and defence, computing capabilities, and supercomputers. The EU Chips Act will strengthen Europe's strengths, which include world-class research and technology organizations and networks, as well as a slew of innovative equipment manufacturers. Furthermore, it will address current flaws.

Restraint

  • High production cost

The shortage of computer chips that outraged after the pandemic, shortages began as a result of shifting demand across the automotive and electronic industries, both dependent on semiconductors to manufacture.  This shortage created the production cost to double, hence decreasing the supply. Another significant portion goes to materials processing equipment, which includes exotic tools such as plasma etchers, which burn things off the wafer very precisely, deposition equipment, which deposits atom-thick layers of new materials onto the wafer, furnaces, which are used to coax foreign atoms into the crystal structure of the silicon, and ion implanters, which are like baby atom smashers.

Impact of COVID-19 Pandemic:

Due to the shutdown of various consumer electronics and automotive production facilities in the first half of 2020, COVID-19 had a moderate impact on the market. Participants in the industry reported severe supply-chain disruptions due to international trade restrictions imposed by several countries. The growing work-from-home scenario increased sales of consumer electronic devices such as laptops, PCs, and tablets, which aided semiconductor memory manufacturers during the pandemic. Market leaders are also strategizing their business operations by relocating their manufacturing bases to new regions and sourcing raw materials and components from local firms. This is helping semiconductor manufacturers even more after COVID-19.

Segmentation:

  • By Type
    • DRAM
    • NAND
  • By Industry Vertical
    • Consumer Electricals
    • Communication & Technology
    • Automotive
    • Manufacturing
  • By Countries
    • United Kingdom
    • Germany
    • France
    • Italy
    • Other

1. INTRODUCTION
1.1. Market Definition
1.2. Market Segmentation


2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions


3. EXECUTIVE SUMMARY
3.1. Research Highlights


4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis


5. EUROPE MEMORY SEMICONDUCTOR MARKET ANALYSIS, BY TYPE
5.1. Introduction
5.2. DRAM
5.3. NAND


6. EUROPE MEMORY SEMICONDUCTOR MARKET ANALYSIS, BY INDUSTRY VERTICAL
6.1. Introduction
6.2. Consumer electronics
6.3. Communication & technology
6.4. Automotive
6.5. Manufacturing


7. EUROPE MEMORY SEMICONDUCTOR MARKET ANALYSIS, BY COUNTRY
7.1. Introduction
7.2. United Kingdom
7.3. Germany
7.4. France
7.5. Italy
7.6. Others


8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2.  Emerging Players and Market Lucrativeness
8.3.  Mergers, Acquisitions, Agreements, and Collaborations
8.4.  Vendor Competitiveness Matrix


9. COMPANY PROFILES
9.1. Samsung Corporation
9.2. Intel Corporation
9.3. Micron technology
9.4. SK Hynix
9.5. Western Digital Corporation
9.6. Toshiba Corporation
9.7. ATP electronics Inc.

Samsung Corporation

Intel Corporation

Micron technology

SK Hynix

Western Digital Corporation

Toshiba Corporation

ATP electronics Inc

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