India Semiconductor Market Share, Size, Trends, and Future Growth Insights To 2032

The India semiconductor market is expanding rapidly, driven by government initiatives, increasing demand for electronics, and technological advancements.

Semiconductor Market- India

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 13.10% (2024-2032)

Market Size in 2023: USD 47 Billion

Market Size in 2032: USD 149.2 Billion

The India semiconductor market is rapidly growing, driven by increased demand for electronics, automotive applications, and government initiatives. According to the latest report by IMARC Group, the market size reached USD 47 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 149.2 Billion by 2032, exhibiting a growth rate (CAGR) of 13.10% during 2024-2032.

Download sample copy of the Report: https://www.imarcgroup.com/india-semiconductor-market/requestsample

India Semiconductor Market Trends and Drivers:

  • Increasing Demand Across Sectors:
  • Consumer electronics
  • Automotive
  • Telecommunications
  • Industrial applications
  • Rise in Digitalization:
  • Growing use of smartphones, laptops, and wearables
  • Sharp increase in semiconductor demand
  • Government Initiatives:
  • "Make in India" and "Digital India" campaigns
  • Encouragement of domestic manufacturing
  • Development of semiconductor capabilities
  • Expansion of 5G Networks:
  • Requirement for advanced chips
  • Boost in semiconductor needs for efficient operation
  • Internet of Things (IoT) Adoption:
  • Increased demand for semiconductors
  • Support for IoT technologies
  • Focus on Research and Development (R&D):
  • Establishment of semiconductor manufacturing facilities
  • Government incentives for R&D
  • Creation of Semiconductor Ecosystem:
  • Setting up of dedicated parks and clusters
  • Attraction of global and local companies
  • Growth of Electric Vehicles and Renewable Energy:
  • Need for power semiconductors
  • Critical for energy management and efficiency
  • Integration of Artificial Intelligence (AI) and Machine Learning (ML):
  • Demand for specialized semiconductors
  • Handling of complex data processing tasks

India Semiconductor Market Industry Segmentation:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest India semiconductor market share. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.

Breakup by Components:

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

Breakup by Material Used:

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

Breakup by End User:

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

Breakup by Region:

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

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=9343&flag=C

Key highlights of the Report:

  • Market Performance (2018-2023)
  • Market Outlook (2024-2032)
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Strategic Recommendations
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Structure of the Market
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:  

IMARC Group 

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Email: sales@imarcgroup.com 

Tel No:(D) +91 120 433 0800 

United States: +1-631-791-1145


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