India Semiconductor Materials Market

Market Overview:

The India semiconductor materials market size reached US$ 4.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.5 Billion by 2028, exhibiting a growth rate (CAGR) of 6.3% during 2023-2028.

Semiconductor materials are crystalline solids that have a conductivity range between conductors and insulators. These materials can conduct electricity only when they are exposed to heat or light during the doping process. On account of their distinct features, such as wide temperature limits, high electron mobility and low energy consumption, semiconductor materials are extensively used in India to manufacture various electronic components.

The increasing applications of semiconductor materials in various end use industries represent one of the key factors strengthening the growth of the market in India. Apart from this, the Government of India is taking numerous initiatives to encourage the adoption of semiconductor materials. For instance, in the Union Budget 2017-2018, the Government increased the allocation for incentive schemes, such as the Electronic Development Fund (EDF) and the Modified Special Incentive Package Scheme (M-SIPS), to INR 745 Crore for boosting the industry growth. This has negatively affected the overall market growth, but it is anticipated to recover with the introduction of lockdown relaxations.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the India semiconductor materials market report, along with forecasts at the country and regional levels from 2023-2028. Our report has categorized the market based on material, application and end use industry.

Breakup by Material:

• Silicon Carbide
• Gallium Manganese Arsenide
• Copper Indium Gallium Selenide
• Molybdenum Disulfide
• Bismuth Telluride
   

Breakup by Application:

• Fabrication
  • Silicon Wafers
  • Electronic gases
  • Photomasks
  • Photoresist ancillaries
  • CMP Materials
  • Photoresists
  • Wet chemicals
  • Others
• Packaging
  • Leadframes
  • Organic Substrates
  • Ceramic Packages
  • Encapsulation Resins
  • Bonding Wires
  • Die-Attach Materials
  • Others
     

Breakup by End Use Industry:

• Consumer Electronics
• Manufacturing
• Automotive
• Energy and Utility
• Others
   

Breakup by Region:

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

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Key Questions Answered in This Report:

• How has the India semiconductor materials 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 materials market?
• What are the key regional markets?
• What is the breakup of the market based on the material?
• What is the breakup of the market based on the application?
• What is the breakup of the market based on the end use industry?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the India semiconductor materials market and who are the key players?
• What is the degree of competition in the industry?