United Kingdom Semiconductor Market Size, Share, and COVID-19 Impact Analysis, By Component (Memory Devices, Logic Devices, Analog IC, MPU, Discrete Power Devices, MCU, Sensors, and Others), By Material (Silicon Carbide, Gallium Manganese Arsenide, Copper Indium Gallium Selenide, Molybdenum Disulfide, and Others), and United Kingdom Semiconductor Market Insights, Industry Trend, Forecasts to 2035.

United Kingdom Semiconductor Market Insights Forecasts to 2035

• The United Kingdom Semiconductor Market Size was estimated at USD 13.10 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 7.12% from 2025 to 2035
• The United Kingdom Semiconductor Market Size is Expected to Reach USD 27.91 Billion by 2035

According to a research report published by Spherical Insights & Consulting, the United Kingdom Semiconductor Market Size is anticipated to reach USD 27.91 Billion by 2035, growing at a CAGR of 7.12% from 2025 to 2035. The semiconductor market share will be enhanced by an array of factors, including the increasing need for electronic goods, continual advances in electric automobiles and automobile technology, the growth of 5G network deployment, and rising expenditures in data centers and cloud computing infrastructure.

Market Overview

The United Kingdom semiconductor market refers to the industry focused on the production and application of materials, including silicon, germanium, silicon carbide, and others, which are crucial components of electrical circuits. These electronic components are essential to electronic systems and devices made up of discrete power devices, memory devices, logic devices, analog integrated circuits, memory protection units, microcontroller units, and other components. With the increased usage of electronics and their integration in a variety of applications, including data processing, industrial automation systems, consumer electronics, automotive, government initiatives, and networking communication devices, the semiconductor sector may expand. Moreover, government support boosts the market growth, such as the UK government is stepping up its support for semiconductor start-ups through the ChipStart incubator program. This initiative aims to help early-stage semiconductor companies scale up, create jobs, and drive economic growth. The latest cohort of start-ups selected for the program is working on cutting-edge technologies that will impact everyday life, from energy-efficient devices to smart automation and connectivity. The first two cohorts have already attracted over £40 million in private investment.

Report Coverage

This research report categorizes the market for the United Kingdom semiconductor market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom semiconductor market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United Kingdom semiconductor market.

Driving Factors

The market for United Kingdom semiconductor is driven by the country's EV industry's explosive growth and the significant investments made by top automakers in next-generation technologies. The market's expansion is further supported by the rising use of consumer electronics. Additionally, in the modern era of electronic systems, the advancement of machine learning (ML), artificial intelligence (AI), and the Internet of Things (IoT) technologies is establishing profitable market expansion opportunities. The market is also anticipated to develop throughout the estimated duration due to possibly rising demand for faster and more complex memory chips in data center applications.

Restraining Factors

The economic limitations arise from the huge initial investment needed for setting up manufacturing semiconductor factories. In addition, infrastructure-related issues like erratic power supplies and insufficient water, and transportation networks make production less effective.

Market Segmentation

The United Kingdom semiconductor market share is classified into component and material.

• The analog IC segment held a significant share in 2024 and is anticipated to grow at a rapid pace during the forecast period.

The United Kingdom semiconductor market is segmented by component into memory devices, logic devices, analog IC, MPU, discrete power devices, MCU, sensors, and others. Among these, the analog IC segment held a significant share in 2024 and is anticipated to grow at a rapid pace during the forecast period. The segment growth is bolstered by a variety of analogue, discrete, module, and integrated semiconductor products to effectively perform functions like power switching, power conversion, circuit protection, signal conditioning, signal amplification, and voltage regulation. Further, it is driven by the growing need for high power efficiency and power density in power applications, the need for greater functionality in small handheld devices, and faster data transmission rates in the communications segments.

• The silicon carbide segment held the highest share in 2024 and is expected to grow at a substantial CAGR during the forecast period.

The United Kingdom semiconductor market is segmented by material into silicon carbide, gallium manganese arsenide, copper indium gallium selenide, molybdenum disulfide, and others. Among these, the silicon carbide segment held the highest share in 2024 and is expected to grow at a substantial CAGR during the forecast period. This is because of remarkable thermal conductivity, high breakdown voltage, and high operating temperatures. SiC is also essential for solar and wind energy projects because of its effective power management and conversion.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the United Kingdom semiconductor market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• ARM Holdings
• Dialog Semiconductor
• IQE plc
• Paragraf
• EnSilica
• SmartKem
• TeraView Limited
• Others

Recent Developments:

• In April 2025, the first semiconductor facility of its kind in Europe officially launched at the University of Southampton. This cutting-edge E-beam lithography facility was only the second in the world, with the first being in Japan. It enabled researchers to create incredibly small patterns on chips, which was crucial for advancements in AI, medical technology, and defense systems. The UK government backed this initiative with nearly £5 million in funding to boost talent and address the skills gap in the semiconductor industry.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at United Kingdom, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the United Kingdom semiconductor market based on the below-mentioned segments:

United Kingdom Semiconductor Market, By Component

• Memory Devices
• Logic Devices
• Analog IC
• MPU
• Discrete Power Devices
• MCU
• Sensors
• Others

United Kingdom Semiconductor Market, By Material

• Silicon Carbide
• Gallium Manganese Arsenide
• Copper Indium Gallium Selenide
• Molybdenum Disulfide
• Others