Today, semiconductors and their value chains underpin innovation and competitiveness in all major sectors of the economy. In Europe, the semiconductor ecosystem itself employs approximately 250,000 people directly. More than 800,000 people work on the integration of components into systems, applications and services across Europe, and more than 2.5 million are employed in the complete components value chain.
Setting up a roadmap for this field is part of the Electronics Strategy released by the European Commission on 23 of May 2013. The European Industrial Roadmap recommends Europe should focus on three market areas:
- Areas were Europe is strong – automotive, energy, industrial automation and security. The target is to double current production.
- New high growth areas, in particular Internet of Things (IoT) and the development of 'Smart-X' markets. The target is to capture 60% of this emerging market in the same time period.
- Regaining strong presence in mobile and wireless communications. The target is to reach 20% of its projected growth.
The roadmap was prepared by an Electronics Leaders Group (ELG) composed of 11 CEOs. They represent the main companies in the sector. The group was chaired by Ben Verwaayen and got inputs from a forum of more than a 100 members representing the whole electronics value chain in Europe.
An on-line forum for discussions is also available for the larger public interested in the development of electronics in Europe.
For more information check the press release, memo and European Industrial Strategic Roadmap: Implementation Plan