Semiconductors in Europe: Between the political framework, industrial implementation, and competitive advantages

Europe’s need for semiconductors will nearly double by 2040 — to various degrees depending on the market segment and technology node, but the trend is clear (Source: ZVEI Study 2026: Europe’s Semicon Business Case – A Demand-Driven Perspective for a Competitive and Resilient Microelectronics Ecosystem). Consequently, Europe does not have a demand problem. Rather, efforts to translate this demand into industrial value creation have so far been insufficient and too slow.