The goal of this article is to develop a theory for direct integrals of Hilbert spaces parallel to the recent approach by Lachowicz and Moszyński for direct sums of Banach spaces and diagonal operators and semigroups. In it we deal with the characterisation of spectrum, existence of semigroups, and asymptotic rates as well as questions of decomposability. Among other things, this results in an extra degree of differentiability for particular solutions of certain initial value problems.