India Semiconductor Market Report by Components (Memory Devices, Logic Devices, Analog IC, MPU, Discrete Power Devices, MCU, Sensors, and Others), Material Used (Silicon Carbide, Gallium Manganese Arsenide, Copper Indium Gallium Selenide, Molybdenum Disulfide, and Others), End User (Automotive, Industrial, Data Centre, Telecommunication, Consumer Electronics, Aerospace and Defense, Healthcare, and Others), and Region 2024-2032

India Semiconductor Market Report by Components (Memory Devices, Logic Devices, Analog IC, MPU, Discrete Power Devices, MCU, Sensors, and Others), Material Used (Silicon Carbide, Gallium Manganese Arsenide, Copper Indium Gallium Selenide, Molybdenum Disulfide, and Others), End User (Automotive, Industrial, Data Centre, Telecommunication, Consumer Electronics, Aerospace and Defense, Healthcare, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A9343
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Market Overview:

The India semiconductor market size is projected to exhibit a growth rate (CAGR) of 9.5% during 2024-2032. The increasing proliferation of consumer electronics, the expanding digitization across various sectors, the rising emphasis on domestic production, and the growing popularity of EVs represent some of the key factors driving the market.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Growth Rate 2024-2032 9.5%


A semiconductor is a material with electrical conductivity ranging between that of an insulator and a conductor. In its crystalline form, it possesses unique electronic properties, making it a crucial component in modern electronics and technology. Semiconductors are characterized by their ability to regulate the flow of electric current by responding to external stimuli such as voltage, light, or heat. The most common semiconductor material is silicon, which is broadly used in electronic devices due to its abundance and controllable electrical properties. Other semiconductor materials include gallium arsenide, germanium, and silicon carbide, each offering specific advantages in different applications. Semiconductors are the foundation of various electronic components, such as diodes, transistors, and integrated circuits (ICs). These components are essential for amplifying signals, switching currents, and processing information in electronic devices ranging from computers and smartphones to automotive systems and communication networks. As technology continues to advance, the semiconductor industry evolves rapidly to produce smaller, faster, and more power-efficient devices.

India Semiconductor Market Trends/Drivers:

The Indian semiconductor market is experiencing robust growth, primarily driven by the burgeoning population of the country, rising disposable incomes, and a growing middle class resulting in increased consumer demand for electronic devices, such as smartphones, laptops, and other smart gadgets. In line with this, the introduction of various initiatives and policies by the Government of India (GOI) aimed at promoting domestic manufacturing under the 'Make in India' campaign is bolstering the semiconductor sector. These policies offer incentives, tax benefits, and relaxed regulations to attract foreign investments and encourage local production of electronic components, including semiconductors. Furthermore, the rapid digitization across various sectors in the country, such as telecommunications, healthcare, automotive, and industrial automation, has fueled the need for semiconductor-based solutions to support the increasing digital infrastructure. Moreover, the emergence of innovative technologies, such as the fifth generation (5G), the Internet of Things (IoT), and artificial intelligence (AI), has created additional opportunities for semiconductor companies to provide advanced chips and components to cater to these evolving requirements. In addition to this, the global shift towards electric vehicles (EVs) has also contributed to the growth of the Indian semiconductor market. As EV adoption increases, there is a rising demand for semiconductor components used in electric powertrains, battery management systems, and advanced driver-assistance systems (ADAS), which, in turn, is aiding in market expansion.

India Semiconductor Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the India semiconductor market report, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on components, material used, and end user.

Breakup by Components:

  • Memory Devices
  • Logic Devices
  • Analog IC
  • MPU
  • Discrete Power Devices
  • MCU
  • Sensors
  • Others
     

The report has provided a detailed breakup and analysis of the market based on the components. This includes memory devices, logic devices, analog IC, MPU, discrete power devices, MCU, sensors, and others.

Breakup by Material Used:

  • Silicon Carbide
  • Gallium Manganese Arsenide
  • Copper Indium Gallium Selenide
  • Molybdenum Disulfide
  • Others
     

A detailed breakup and analysis of the market based on the material used has also been provided in the report. This includes silicon carbide, gallium manganese arsenide, copper indium gallium selenide, molybdenum disulfide, and others.

Breakup by End User:

  • Automotive
  • Industrial
  • Data Center
  • Telecommunication
  • Consumer Electronics
  • Aerospace and Defense
  • Healthcare
  • Others
     

The report has provided a detailed breakup and analysis of the market based on the end user. This includes automotive, industrial, data center, telecommunication, consumer electronics, aerospace and defense, healthcare, and others.

Breakup by Region:

  • South India
  • North India
  • West and Central India
  • East India
     

The report has also provided a comprehensive analysis of all the major regional markets, which include South India, North India, West and Central India, and East India.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

India Semiconductor Market Report Scope:

Report Features Details
Base Year of the Analysis 2023
 Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Scope of the Report Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment: 
  • Components
  • Material Used
  • End User
  • Region
Components Covered Memory Devices, Logic Devices, Analog IC, MPU, Discrete Power Devices, MCU, Sensors, Others
Material Useds Covered Silicon Carbide, Gallium Manganese Arsenide, Copper Indium Gallium Selenide, Molybdenum Disulfide, Others
End Users Covered Automotive, Industrial, Data Centre, Telecommunication, Consumer Electronics, Aerospace and Defense, Healthcare, Others
Regions Covered South India, West and Central India, North India, East India
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

  • How has the India semiconductor market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the India semiconductor market?
  • What is the breakup of the India semiconductor market on the basis of components?
  • What is the breakup of the India semiconductor market on the basis of material used?
  • What is the breakup of the India semiconductor market on the basis of end user?
  • What are the various stages in the value chain of the India semiconductor market?
  • What are the key driving factors and challenges in the India semiconductor market?
  • What is the structure of the India semiconductor market and who are the key players?
  • What is the degree of competition in the India semiconductor market?

Key Benefits for Stakeholders:

  • IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India semiconductor market from 2018-2032.
  • The research study provides the latest information on the market drivers, challenges, and opportunities in the India semiconductor market.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India semiconductor industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
India Semiconductor Market Report by Components (Memory Devices, Logic Devices, Analog IC, MPU, Discrete Power Devices, MCU, Sensors, and Others), Material Used (Silicon Carbide, Gallium Manganese Arsenide, Copper Indium Gallium Selenide, Molybdenum Disulfide, and Others), End User (Automotive, Industrial, Data Centre, Telecommunication, Consumer Electronics, Aerospace and Defense, Healthcare, and Others), and Region 2024-2032
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