India Semiconductor Market Assessment, By Type [Intrinsic, Extrinsic], By Node [180 nm, 130 nm, 90 nm, 65 nm, 45/40 nm, 32/28 nm, less than 30 nm], By Components [Memory Devices, Logic Device, Analog IC, MPU, Discrete Power Devices, MCU Sensors, and Others], By End-User Industry [Networking and Communications, Consumer Electronics, Automotive, Data Processing, Aerospace, Medical, Military & Defence, and Others], By Region, Opportunities, and Forecast, FY2017-FY2031F

The India semiconductor market is projected to the high presence of automotive and telecom industry, rising industrialization, and urbanization, along with government to reach USD 56.27 billion by FY2031 from USD 29.84 billion in FY2023, growing at a CAGR of 9.48% during the forecasted period FY2024-FY2031.

Home>Industry Reports>India Semiconductor Market Assessment, Opportunities, and Forecast, FY2017-FY2031F

The India semiconductor market is projected to the high presence of automotive and telecom industry, rising industrialization, and urbanization, along with government to reach USD 56.27 billion by FY2031 from USD 29.84 billion in FY2023, growing at a CAGR of 9.48% during the forecasted period FY2024-FY2031. The demand for semiconductors is anticipated to increase due expenditures in the development of several smart cities. Additionally, the market is expanding as electric vehicles are gaining popularity and acceptance among the Indian population.

Significant use of semiconductors in a variety of end-use applications, including electronics, industrial equipment, networking and communications, and data processing is driving the India semiconductor market. Additionally, development of artificial intelligence (Al), the Internet of Things (IoT), and machine learning (ML) technologies are expected to benefit the India semiconductor market. These innovations enable memory chips to process huge volumes of data more quickly. Furthermore, the rising need for faster and more sophisticated memory chips in industrial applications is anticipated to drive the India semiconductor market during the forecasted period.

Network and Communication Sector Dominates the Market

The networking and communications sector held the maximum share in FY2023 and is anticipated to maintain its dominance during the forecasted period. Increase in the usage of smartphones and other smart gadgets throughout the country is to be accounted for the market growth. Rise in purchasing power and rapid urbanization have resulted in rising usage of electronics products throughout India, thereby increasing growth of the India semiconductor market.

Government Initiatives

A comprehensive programme for the development of the semiconductors and display manufacturing ecosystem in India was authorised by the government of India with an investment of INR 760 billion, with the goal of Aatmanirbhar Bharat in 2020 and placing India as the global centre for Electronics System Design and Manufacturing (ESDM). The program included several initiatives to invest capital into the semiconductor and display manufacturing industries. The goal of India Semiconductor Mission (ISM) is to create an environment for semiconductor and innovation so that India becomes a major player in the world of electronics production and design in the coming years. The India Semiconductor Mission (ISM) is crucial for coordinating efforts to promote the semiconductor and display industries in a more systematic, targeted, and all-encompassing way.

Impact of COVID-19

Due to the poor demand, some of the semiconductor factories closed their operations during the COVID-19 outbreak. Dip in the growth of market occurred when chip orders were being cancelled by the automotive firms due to the less demand for vehicles. However, the widespread adoption of the work-from-home trend has increased consumer demand for PCs and laptops, leading to a huge demand for the semiconductors production. 

Impact of Russia-Ukraine War

The crisis between Russia and Ukraine had affected supply chains in several industries, including the semiconductor industry. The Ministry of Electronics and Information Technology (MEITY) stated the concern over negative impacts on the market. The war affected the supply of neon and hexafluorobutadiene gases which are necessary components to produce a semiconductor chip since they are used in the lithography processes for chip creation and production. The COVID-19 pandemic has already impacted the industry and the war between two nations simply adds to the strain.

India Semiconductor Market Assessment, Opportunities and Forecast: Report Scope

“India Semiconductor Market Assessment, Opportunities and Forecast, 2017-2031F”, is a comprehensive report by Markets & Data, providing in-depth analysis and assessment of the current situation of the semiconductor market in India, industry dynamics and challenges. The report includes market size, segmental shares, growth trends, COVID-19 and Russia-Ukraine war impact, opportunities, and forecasts (2024-2031). Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.

Report Attribute

Details

Base Year of the Analysis

FY2023

Historical Period

FY2017-FY2022

Forecast Period

FY2024-FY2031

Projected Growth Rate

CAGR of 9.48% from FY2024-FY2031

Revenue Forecast in FY2031

USD 56.27 billion

Units

Revenue in USD Billions and Volume in Units Thousands

Segments Covered

Type, Node, Components and End-user

Regions Covered

East, West and Central, North, and South

Key Companies Profiled

·      NXP Semiconductors N.V.

·      Tata Elxsi Limited

·      Micron Technology, Inc.

·      Broadcom India Pvt. Ltd.

·      Sankalp Semiconductor Pvt. Ltd.

·      RIR Power Electronics Ltd. (Formerly Known as Ruttonsha International Rectifier Ltd.)

·      ASM Technologies Limited

·      Moschip Technologies Ltd

·      HCL Technologies Ltd

·      Hibex India Pvt. Ltd.

Customization Scope

15% free report customization with purchase

Pricing and Purchase Options

Avail the customized purchase options to fulfil your precise research needs

Delivery Format

PDF and Excel through email (subject to the license purchased)

 

In this report, India Semiconductor Market has been segmented into the following categories: 

1.      India Semiconductor Market, By Type

1.1.    Intrinsic

1.2.    Extrinsic

2.       India Semiconductor Market, By Node

2.1.    180 nm

2.2.    130 nm

2.3.    90 nm

2.4.    65 nm

2.5.    45/40 nm

2.6.    32/28 nm

2.7.    less than 30 nm

3.       India Semiconductor Market, By Components

3.1.    Memory Devices

3.2.    Logic Device

3.3.    Analog IC

3.4.    MPU

3.5.    Discrete Power Devices

3.6.    MCU Sensors

3.7.    Others

4.       India Semiconductor Market, By End-user

4.1.   Networking and Communications

4.2.   Consumer Electronics

4.3.   Automotive

4.4.   Data Processing

4.5.   Aerospace

4.6.   Medical

4.7.   Military & Defence

4.8.   Others

5.       India Semiconductor Market, By Region 

5.1.    North

5.2.    South

5.3.    East

5.4.    West & Central

Key Players Landscape and Outlook

Due to the existence of several local businesses, the market is fragmented. These market players work on strategies including investments, collaborations, acquisitions, and mergers in effort to increase their market share. In September 2022, Vedanta signed an MOU with Gujarat Government to set up a facility for semiconductor assembling and testing unit in Ahmedabad.

Key Benefits of Buying This Report

Market Xcel reports are based on qualitative and quantitative data collected through ‘on-ground’ primary research interventions. Based on our in-depth research, our reports can also provide granular city/state level market size data. The report includes deeper actionable insights provided by the industry experts & Key Opinion Leaders thus offering cutting-edge business solutions. The forecast data included in the report is based on ‘Drivers based forecasting’ technique ensuring accurate decoding of the future.

Key Players Operating in India Semiconductor Market

·         NXP Semiconductors N.V.

·         Tata Elxsi Limited

·         Micron Technology, Inc.

·         Broadcom India Pvt. Ltd.

·         Sankalp Semiconductor Pvt. Ltd.

·         RIR Power Electronics Ltd. (Formerly Known as Ruttonsha International Rectifier Ltd.)

·         ASM Technologies Limited

·         Moschip Technologies Ltd

·         HCL Technologies Ltd

·         Hibex India Pvt. Ltd.

 

If you can't find what you're searching for or have any custom requirements for India Semiconductor Market, you may approach our team at info@marketsandata.com

Table of Contents

1.       Research Methodology

2.       Product Overview

3.       Impact of COVID-19 on India Semiconductor Market

4.       Impact of Russia-Ukraine War on India Semiconductor Market

5.       Executive Summary

6.       Voice of Customer

6.1.1.Brand Awareness and Loyalty

6.1.2.Product/Market Intelligence

6.1.3.Key Attributes for Purchase Decision

6.1.3.1.              Price

6.1.3.2.              Brand

6.1.3.3.              Usage/Purpose

6.1.3.4.              Reviews and Recommendations

6.1.4.Channel of Purchase

6.1.5.Turnaround of Sales Funnel

6.1.6.Importance of Customer Relationship Management

7.        India Semiconductor Market Outlook, FY2017-FY2031F

7.1.    Market Size & Forecast

7.1.1. By Value

7.1.2.By Volume

7.2.    Market Share & Forecast

7.2.1.       By Type

7.2.1.1.              Intrinsic 

7.2.1.2.              Extrinsic

7.2.2.By Node

7.2.2.1.              180 nm

7.2.2.2.              130 nm

7.2.2.3.              90 nm

7.2.2.4.              65 nm

7.2.2.5.              45/40 nm

7.2.2.6.              32/28 nm

7.2.2.7.              Less than 30

7.2.3.By Components

7.2.3.1.              Memory Devices

7.2.3.2.              Logic Device

7.2.3.3.              Analog IC

7.2.3.4.              MPU

7.2.3.5.              Discrete Power Devices

7.2.3.6.              MCU Sensors

7.2.3.7.              Others

7.2.4.By End-User

7.2.4.1.             Networking and Communications

7.2.4.2.             Consumer Electronics

7.2.4.3.             Automotive

7.2.4.4.             Data Processing

7.2.4.5.             Aerospace

7.2.4.6.             Medical

7.2.4.7.             Military & Defence

7.2.4.8.             Others

7.2.5.By Region 

7.2.5.1.              North

7.2.5.2.              South

7.2.5.3.              East

7.2.5.4.              West & Central

7.2.6.By Company Market Share (%), FY2023

8.       Market Mapping, FY2023

8.1.    By Type

8.2.    By Node

8.3.    By Components

8.4.    By End-user

8.5.    By Region

9.       Macro Environment and Industry Structure

9.1.    Value Chain Analysis 

9.2.    Supply Demand Analysis 

9.3.    Import Export Analysis 

9.4.    Porter’s Five Force Analysis 

9.4.1.Threat of Substitutes 

9.4.2.Threat of New Entrant 

9.4.3.Bargaining Power of Suppliers 

9.4.4.Bargaining Power of Suppliers 

9.4.5.Intensity of Competitive Rivalry 

9.5.    PESTEL Analysis 

9.5.1.Political Framework 

9.5.2.Environmental Impact 

9.5.3.Social Factors 

9.5.4.Technological Advancements 

9.5.5.Economic Review 

9.5.6.Legal Policies and Regulatory Bodies 

10.   Market Dynamics

10.1.                     Growth Drivers

10.2.                     Growth Inhibitors

11.   Market Trends & Developments

12.   Competitive Landscape

12.1.                     SWOT Analysis (Top Five Market Players)

12.2.                     Competition Matrix of Top Five Market Leaders

12.3.                     Market Revenue Analysis of Top Five Market Leaders (in %, 2023)

12.4.                     Mergers & Acquisitions/ Joint Ventures (If Applicable)

12.5.                     Patent Analysis (If Applicable)

13.   Competition Outlook

13.1.                     NXP Semiconductors N.V.

13.1.1.    Company Details

13.1.2.    Key Management Personnel

13.1.3.    Products & Service Offerings

13.1.4.    Key Market Focus & Geographical Presence

13.1.5.    Financials (As Reported)

13.1.6.    Recent Developments

13.2.                     Tata Elxsi Limited

13.3.                     Micron Technology, Inc.

13.4.                     Broadcom India Pvt. Ltd.

13.5.                     Sankalp Semiconductor Pvt. Ltd.

13.6.                     RIR Power Electronics Ltd. (Formerly Known as Ruttonsha International Rectifier Ltd.)

13.7.                     ASM Technologies Limited

13.8.                     Moschip Technologies Ltd

13.9.                     HCL Technologies Ltd

13.10.                  Hibex India Pvt. Ltd.

*Companies mentioned above DO NOT hold any order as per market share and can be changed during course of work

14.   Strategic Recommendations

15.   About Us & Disclaimer

List of Figure_India Semiconductor Market

Figure 1. India Semiconductor Market, By Value, In USD Million, FY2016 - 2030F

Figure 2. India Semiconductor Market, By Volume, In Thousand Units, FY2016 - 2030F

Figure 3. India Semiconductor Market Share, By Type, In USD Million, FY2016 - 2030F

Figure 4. India Semiconductor Market Share, By Type, In Thousand Units, FY2016 - 2030F

Figure 5. India Semiconductor Market Share, By Node, In USD Million, FY2016 - 2030F

Figure 6. India Semiconductor Market Share, By Node, In Thousand Units, FY2016 - 2030F

Figure 7. India Semiconductor Market Share, By Application, In USD Million, FY2016 - 2030F

Figure 8. India Semiconductor Market Share, By Application, In Thousand Units, FY2016 - 2030F

Figure 9. India Semiconductor Market Share, By End User Industry, In USD Million, FY2016 - 2030F

Figure 10. India Semiconductor Market Share, By End User Industry, In Thousand Units, FY2016 - 2030F

Figure 11. India Semiconductor Market Share, By Distribution Channel, In USD Million, FY2016 - 2030F

Figure 12. India Semiconductor Market Share, By Distribution Channel, In Thousand Units, FY2016 - 2030F

Figure 13. India Semiconductor Market Share, By Region, In USD Million, FY2016 - 2030F

Figure 14. India Semiconductor Market Share, By Region, In Thousand Units, FY2016 - 2030F

Figure 15. By Type Map-Market Size (USD Million) & Growth Rate (%), FY2022

Figure 16. By Node Map-Market Size (USD Million) & Growth Rate (%), FY2022

Figure 17. By Application Map-Market Size (USD Million) & Growth Rate (%), FY2022

Figure 18. By End User Industry Map-Market Size (USD Million) & Growth Rate (%), FY2022

Figure 19. By Distribution Channel Map-Market Size (USD Million) & Growth Rate (%), FY2022

Figure 20. By Region Map-Market Size (USD Million) & Growth Rate (%), FY2022

List of Table_India Semiconductor Market

Table 1. Pricing Analysis of Products from Key Players

Table 2. Competition Matrix of Top 5 Market Leaders

Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)

Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

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