The Semiconductor Century

Globally, the semiconductor device market is expected to double to more than $1 Trillion by 2030 (McKinsey). Today, all major technology trends are underpinned by semiconductor devices: Artificial Intelligence (AI), Future telecommunications, Quantum technologies, Space, Net Zero, Extended Reality and The Metaverse.

In the UK, there are hundreds of companies engaged in the whole value chain from innovation and design to product engineering, manufacturing and end-market consumption. With many countries now focused on growing their national semiconductor capabilities, there is a unique opportunity for the UK to grow our own semiconductor industry to ensure we too can compete on a global scale over the coming decades.

The Semiconductor Value Chain

The Semiconductor supply chain is a complex web of interdependent entities, each representing a uniquely valuable part of the overall business. Each part contributes to the end device value and is a valuable sub-sector in its own right. There are UK companies at each part of this value chain and by supporting businesses across the whole, the UK stimulates domestic demand, grows skills and enables the UK economy to capture more of the end-to-end value.