£2.6bn
£XXX.Xm
14,215
587
£XXX.Xm
Although UK companies design a considerable number of new electronic components, the UK industry is not considered to be a global market leader. There has been a tendency to outsource manufacturing away from the UK and, in some cases, to stop physical manufacturing altogether. Instead, there's focus on the production and sale of intellectual property in a process known as fabless manufacturing. This trend has been difficult for smaller manufacturers, which have either opted to leave or consolidate within the industry.
Industry revenue has grown at a CAGR of 0.3 % over the past five years, to reach an estimated £2.6bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2025 | Revenue (£m)
2025 |
---|---|---|
Nexperia UK Ltd | 198.5 | |
Diodes Inc | 167.3 | |
Seagate Technology (Ireland) | 147.6 |
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Industry revenue is measured across several distinct product and services lines, including Integrated circuits, Other semiconductors and Passive electronic components. Integrated circuits is the largest segment of the Electronic Component Manufacturing in the UK.
Integrated circuits are set to receive significant government support in the coming years
Companies in this industry manufacture semiconductors and other components for electronic applications. These components are used in the manufacture of electronic devices for a range of business and consumer electronic hardware, such as TVs, telephones, desktop computers, solar panels and most modern electronic equipment.
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SIC 26.11 - Electronic Component Manufacturing in the UK
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Supply chain disruptions hit production lines. The COVID-19 pandemic caused major interruptions in manufacturing, with labour shortages and higher costs in leading semiconduc...
Learn about an industry's products and services, markets and trends in international trade.
Surplus supply puts pressures on integrated circuit sales. Slowing demand and increasing overcapacity as fears of a global recession heighten are cutting into revenue.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Silicon Glen attracts tech firms to Scotland. The area’s association with the high-tech sector draws electronic component manufacturers, including industry giant Diodes Inc.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Manufacturers vie via quality, innovation and client service. They aim to gain an edge by delivering reliable products, focusing on research and development, investing in adv...
Learn about the performance of the top companies in the industry.
Seagate Technology fares well in the face of tough market conditions. Despite facing international competition and a shift away from hard disc drives, the company has seen it...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Regulations centre around safety and waste. Electronic component manufacturers have to ensure product safety protocols align with the Electrical Equipment (Safety) Regulation...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Fabless manufacturing supports profitability. By outsourcing wafer production, developers can focus on value-added products, which is keeping their returns strong despite ris...
Including values and annual change:
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Key data sources in the UK include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
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The market size of the Electronic Component Manufacturing in the UK industry in United Kingdom is £2.6bn in 2024.
There are 587 businesses in the Electronic Component Manufacturing in the UK industry in United Kingdom, which has grown at a CAGR of 0.1 % between 2019 and 2024.
The market size of the Electronic Component Manufacturing in the UK industry in United Kingdom has been growing at a CAGR of 0.3 % between 2019 and 2024.
Over the next five years, the Electronic Component Manufacturing in the UK industry in United Kingdom is expected to grow.
The biggest companies operating in the Electronic Component Manufacturing market in United Kingdom are Nexperia UK Ltd, Diodes Inc and Seagate Technology (Ireland)
Integrated circuits and Passive electronic components are part of the Electronic Component Manufacturing in the UK industry.
The company holding the most market share in United Kingdom is Nexperia UK Ltd.
The level of competition is high and increasing in the Electronic Component Manufacturing in the UK industry in United Kingdom.