India Semiconductor Market 2024-2030

    In Stock

    INDIA SEMICONDUCTOR MARKET

     

    KEY FINDINGS

    • India is one of the fastest-growing consumer electronics markets in the world, with a rapidly increasing demand for smartphones, laptops, tablets, and other electronic devices. This demand is driving the need for semiconductors, which are essential components in all electronic devices.
    • The Indian government is also promoting the growth of the semiconductor industry through various initiatives, such as the India Semiconductor Mission (ISM).
    • India has a strong talent pool of semiconductor design engineers, with over 1 lakh VLSI Design Engineers working in both global semiconductor companies and domestic design service companies.
    • The Indian government is also focusing on attracting investments in semiconductor fabrication facilities. Several companies, including Vedanta-Foxconn, are planning to set up semiconductor fabs in India.
    • The Indian government is committed to promoting the growth of the semiconductor industry and has launched several initiatives to attract investments and support domestic companies. These initiatives include the India Semiconductor Mission (ISM), which provides financial support to semiconductor fabs, design companies, and materials suppliers.
    • The Indian government is encouraging domestic manufacturing of semiconductors to reduce reliance on imports and strengthen the country’s supply chain. This is creating opportunities for Indian companies to enter the semiconductor manufacturing sector.
    • A complete semiconductor ecosystem requires a network of suppliers, manufacturers, and service providers. India currently lacks a comprehensive ecosystem, which could make it difficult for companies to source raw materials, components, and specialized services.

     

    INDIA SEMICONDUCTOR MARKET OVERVIEW

    The semiconductor market in India has experienced steady growth over the years, driven by the increasing demand for electronics in various sectors. India’s semiconductor market is relatively smaller compared to global leaders like the United States, China, and Taiwan, but it has been expanding rapidly.

     

    The demand for semiconductors in India is primarily propelled by sectors such as telecommunications, automotive, consumer electronics, and industrial applications. The rise of smartphones, smart devices, and the automotive industry has significantly contributed to the growth of the semiconductor market.

     

    India has been working towards enhancing its semiconductor manufacturing capabilities, with initiatives like the “Make in India” program. Several semiconductor companies have established their presence in India, focusing on design, R&D, and manufacturing.

     

    The Indian government has been taking initiatives to boost the semiconductor and electronics industry. Policies such as the National Policy on Electronics aim to promote domestic manufacturing and reduce dependence on imports.

     

    Despite growth, the Indian semiconductor industry faces challenges, including infrastructure limitations, high import dependency for raw materials, and the need for significant investments in research and development.

     

    INTRODUCTION TO INDIA SEMICONDUCTOR MARKET

    Semiconductors are critical technological enablers in a wide range of cutting-edge digital gadgets. The number of semiconductor components in use throughout the world is increasing all the time. Semiconductors serve communications, signal processing, computing, and control applications in both consumer and industrial markets, and will continue to do so in the foreseeable future. 

     

    infographic: India Semiconductor Market, India Semiconductor Market Size, India Semiconductor Market Trends, India Semiconductor Market Forecast, India Semiconductor Market Risks, India Semiconductor Market Report, India Semiconductor Market Share

     

    Semiconductors are made from silicon and germanium. Doping is a technique for introducing small amounts of impurities into clean semiconductors, resulting in a wide range of conductivity variations. Many investors consider semiconductor companies to be a critical investment since they play such an important part in the development of new technology items. The semiconductor industry, as well as the stocks that comprise it, is cyclical.

     

    The Indian semiconductor industry is growing at a breakneck pace. The majority of semiconductor companies have started production in India. Chips are at the heart of many cutting-edge modern products, including smartphones, tablets, flat-screen displays and television sets, high-tech automobiles, new planes, and a variety of medical equipment.

     

    Today’s cutting-edge digital gadgets are powered by semiconductors, which are important technology enablers.

     

    TRENDS IN INDIA SEMICONDUCTOR MARKET

    Growth in IoT and AI Applications: The increasing adoption of Internet of Things (IoT) and Artificial Intelligence (AI) technologies is driving the demand for advanced semiconductor solutions in India. These technologies are being integrated into various sectors, including smart cities, healthcare, and industrial applications.

     

    Focus on Semiconductor Design: India has been witnessing a growing emphasis on semiconductor design capabilities. The country is becoming a hub for semiconductor design and R&D, with several global companies establishing design centers to leverage the skilled engineering talent.

     

    Rise in Demand for Automotive Semiconductors: With the automotive industry undergoing a technological transformation, there is a surge in the demand for semiconductors in vehicles. Advanced driver assistance systems (ADAS), electric vehicles, and connectivity solutions are key drivers in this segment.

     

    Government Initiatives and Policies: The Indian government has been actively promoting the semiconductor and electronics industry through initiatives like the National Policy on Electronics and the Make in India program. These efforts aim to boost domestic manufacturing and reduce dependency on imports.

     

    Semiconductor Manufacturing Investments: Efforts are being made to attract investments in semiconductor manufacturing. The government is working towards creating a conducive environment for semiconductor fabs and fabs-related industries. 

     

    INDIA SEMICONDUCTOR MARKET DEVELOPMENTS AND INNOVATIONS

     

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 India’s plan to develop semiconductor ecosystem set in motion The government has received five bids totaling Rs 1.53 lakh crore for the establishment of semiconductor manufacturing and display production factories. India This would enhance better Technological Controls
    2 Tapping global expertise & providing infrastructure can make chips The Centre promised incentives worth Rs 2.3 trillion in December 2021 as part of the current, more comprehensive PLI plan. India This would enhance better Technological Controls
    3 Industry applauds government’s Rs 76,000 scheme for semiconductors With the approval of the Rs 76,000 crore incentive programme for semiconductor production by the Union Cabinet, India This would enhance better Technological Controls
    4 India receives order worth 20 Million USD for production Vedanta, ISMC and Elest are the few major proposal placers in the current investment sizing India This would enhance better Technological Controls
    5 India-Taiwan mega semiconductor deal India and Taiwan are negotiating an investment pact that will bring chip production to South Asia while also lowering component tariffs. India This would enhance better Technological Controls

     

    INDIA SEMICONDUCTOR MARKET SIZE AND FORECAST

     

    The India Semiconductor Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2024 to 2030.

     

    INDIA SEMICONDUCTOR MARKET DYNAMICS

    The India Semiconductor Mission, a specialised business sector of the Digital India Corporation, was founded by Union Information Technology Minister Ashwini Vaishnaw. The mission’s goal is to create a thriving semiconductor and display ecosystem that will help India become a global leader in electronics manufacture and design. NEC Electronics, a Japanese semiconductor company, has chosen Wipro Technologies to provide semiconductor design services. Wipro Technologies is a global IT service business of Bangalore-based Wipro Ltd.

     

    Wipro opened a dedicated software development centre for NEC Electronics to provide front-end and back-end technical support as well as work on chip designs.

     

    NXP India, one of NXP Semiconductors’ largest R&D centres, announced the introduction of the first ‘Semiconductor Startup Incubation and Acceleration Program’ in conjunction with the Ministry of Electronics and Information Technology (MeitY) and IIT-Fabless Hyderabad’s Chip Design Incubator (FabCI). The goal is to locate, assist, and mentor semiconductor and IP design start-ups in both technological and business areas across India.

     

    INDIA SEMICONDUCTOR MARKET SEGMENTATION

     

    By Vehicle Type

    • Passenger Car
    • LCV
    • M & HCV

     

    By Application

    • Powertrain
    • Body Electronics
    • Telematics
    • Infotainment

     

    By End-Use

    • Processor
    • Sensor System
    • Memory Devices
    • Analog Integrated Circuits

     

    COMPETITIVE LANDSCAPE IN INDIA SEMICONDUCTOR MARKET

     

    Insulators are predicted to benefit from the rise of artificial intelligence, the internet – of – things, including computer vision techniques, as these technologies let memory chips analyze vast amounts of data in less time.

     

    Furthermore, the semiconductor industry is predicted to grow due to increased demand for faster and more powerful memory chips in industrial applications. Semiconductors are shrinking in size and structure, and a microchip may now store more and more devices, implying more capacities per semiconductor.

     

    Qualcomm Technologies is a prominent developer of the latest integrated technologies focusing on better smarter PCB requirements for the future. 

     

    The introduction in February 2020, Snapdragon Digital Chassis, the Snapdragon Ride Platforms, has gained some traction with such an increasing range of international manufacturers and Tier 1 suppliers. This same Snapdragon Ride Vision System is an innovative product offering that includes an open, adaptable, and adaptable machine learning software platform based on an industry-leading 4-nanometer (4nm) processor nodes.

     

    Samsung Semiconductors has been delivering bespoke printed circuit boards (PCBs) for medical devices, which are created precisely for your medical instruments demands and a broad range of automotive and industrial sector requirements. The Samsung Xclipse GPU is intended to bring about a new age in mobile gaming by totally changing the way we play. Playtime has come to an end.

     

    With such an octa-core CPU and tri-cluster structure that incorporates the cutting-edge Arm Cortex-X2 core, the Exynos 2200 delivers strong processing for a superior gaming experience, including quicker game loading, fluid navigation, and quicker processing of action footage.

     

    COMPANIES PROFILED IN INDIA SEMICONDUCTOR MARKET

    • Vedanta-Foxconn
    • Tata Elxsi
    • HCL Technologies
    • Dixon Technologies (India) Ltd
    • SPEL Semiconductor Ltd
    • Moschip Technologies Ltd
    • Ruttonsha International Rectifier Ltd
    • MIC Electronics Ltd
    • Surana Telecom and Power Ltd
    • ASM Technologies Ltd 

    INDIA SEMICONDUCTOR MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. Cost breakup of an India Semiconductor Market and key vendor selection criteria
    2. Market share of India Semiconductor Market manufacturers and their upcoming products
    3. The most important planned  India Semiconductor Market in the next 2 years
    4. Details on a network of major India Semiconductor Market and pricing plans
    5. Cost advantage for OEMs who manufacture India Semiconductor Market in-house
    6. 5 key Predictions for next 5 years in India Semiconductor Market
    7. Average B-2-B India Semiconductor Market price in all segments
    8. Latest trends in India Semiconductor Market, by every market segment
    9. The market size (both volume and value) of India Semiconductor Market in 2024-2030 and every year in between?
    10. Global production breakup of India Semiconductor Market, by suppliers and their OEM relationship
    11.  How has the India semiconductor market evolved over the past few years in terms of growth and technological advancements?
    12. What are the key drivers fueling the growth of the semiconductor industry in India?
    13. How does India’s semiconductor market compare to other major players globally?
    14. What are the primary application areas driving the demand for semiconductors in India?
    15. How is the Indian government supporting the semiconductor industry, and what initiatives are in place to promote domestic manufacturing?
    16. What challenges does the Indian semiconductor market face in terms of infrastructure, supply chain, and talent pool?
    17. How is India positioning itself in the global semiconductor value chain, from design and manufacturing to research and development?
    18. What are the trends in semiconductor manufacturing and fabrication capabilities within India?
    Sl no Topic
    1 Market Segmentation
    2 Scope
    3 Research Methodology
    4 Executive Summary
    5 Introduction
    6 Automotive Semiconductor Manufacturing Locations Worldwide
    7 Semiconductor Lead Time in the Automobile Industry
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Semiconductor Shortage Cause & Impact on Sales
    10 Impact of Semiconductor shortage on Infotainment Market
    11 Impact of Semiconductor shortage on Lighting Market
    12 Impact of Semiconductor shortage on ADAS Market
    13 EV sales growth and impact on Semiconductor Market
    14 New product development in the Semiconductor Market
    15 Market Size, Dynamics and Forecast by Vehicle type, 2024-2030
    16 Market Size, Dynamics and Forecast by Application,2024-2030
    17 Market Size, Dynamics and Forecast by End-Use, 2024-2030
    18 Competitive Landscape
    19 Market share of major vendors-2023
    20 OEM-Supplier Relationship
    21 Growth and Expansion plans of major companies
    22 M&A activity in past 5 years
    23 Company Profiles
    24 Unmet needs and opportunity for new vendors
    25 Conclusion
    0
      0
      Your Cart
      Your cart is emptyReturn to Shop