The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), India Semiconductor Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
India Semiconductor Industry Analytical Overview (2025-2030): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, India Semiconductor Market size was valued at around USD 38 billion in 2024 and is projected to reach USD 105 billion by 2030. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2025 to 2030.
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What is Included in India Semiconductor Market Segmentation?
The report has segmented the market into the following categories:
By Component
- Memory Devices – Market Size & Forecast 2020-2030, USD Million
- Logic Devices – Market Size & Forecast 2020-2030, USD Million
- Analog IC – Market Size & Forecast 2020-2030, USD Million
- MPU – Market Size & Forecast 2020-2030, USD Million
- Discrete Power Devices – Market Size & Forecast 2020-2030, USD Million
- MCU – Market Size & Forecast 2020-2030, USD Million
- Sensors – Market Size & Forecast 2020-2030, USD Million
- Others – Market Size & Forecast 2020-2030, USD Million
By Application
- Networking & Communications – Market Size & Forecast 2020-2030, USD Million
- Ethernet Controllers – Market Size & Forecast 2020-2030, USD Million
- Adapters & Switches – Market Size & Forecast 2020-2030, USD Million
- Routers & Others – Market Size & Forecast 2020-2030, USD Million
- Data Processing – Market Size & Forecast 2020-2030, USD Million
- Industrial – Market Size & Forecast 2020-2030, USD Million
- Power Controls and Motor Drives – Market Size & Forecast 2020-2030, USD Million
- Intelligent Systems – Market Size & Forecast 2020-2030, USD Million
- Industrial Automation & Others – Market Size & Forecast 2020-2030, USD Million
- Consumer Electronics – Market Size & Forecast 2020-2030, USD Million
- Home Appliances – Market Size & Forecast 2020-2030, USD Million
- Personal Devices – Market Size & Forecast 2020-2030, USD Million
- Other devices – Market Size & Forecast 2020-2030, USD Million
- Automotive – Market Size & Forecast 2020-2030, USD Million
- Telematics & Infotainment – Market Size & Forecast 2020-2030, USD Million
- Safety Electronics – Market Size & Forecast 2020-2030, USD Million
- Chassis- Market Size & Forecast 2020-2030, USD Million
- Powertrain – Market Size & Forecast 2020-2030, USD Million
- Body Electronics – Market Size & Forecast 2020-2030, USD Million
- Government – Market Size & Forecast 2020-2030, USD Million
By Equipment
- Front-end Equipment – Market Size & Forecast 2020-2030, USD Million
- Back-end Equipment – Market Size & Forecast 2020-2030, USD Million
Among the components of the India Semiconductor Market, the front-end equipment category contributes around 65% to the overall market volume. Front-end equipment is employed in the initial stages of semiconductor fabrication in wafer cleaning, etching, deposition, and lithography processes. This equipment is imperative before subjecting the semiconductor wafer to back-end processing, as the semiconductor wafer must be shaped. As global technological development processes shifted toward smaller nodes, demand for sophisticated front-end equipment increased. Leading companies in the sector include Applied Materials and ASML which supply the cutting-edge machinery needed to produce semiconductors. In India, the build-up of local Indian semiconductor Fabs is supported by policy, the Vedanta-Foxconn project. This is increasing the demand for front-end equipment to establish fabrication capabilities, positioning the segment as the predominant force in India’s semiconductor ecosystem
By Region
- North – Market Size & Forecast 2020-2030F, USD Million
- East – Market Size & Forecast 2020-2030F, USD Million
- West – Market Size & Forecast 2020-2030F, USD Million
- South – Market Size & Forecast 2020-2030F, USD Million
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Key Factor Driver India Semiconductor Industry Growth by 2030
Rapid Digitization & Increase in Consumer Electronics Demand – The growth of the Indian semiconductor sector is mainly driven by the rising demand for digitization with the increased consumption of electronics products. As India’s economy has become more digitally advanced, the use of smartphones, smart home appliances, and other electronic devices has increased quickly. India currently holds the second-largest smartphone market globally with the projected one billion smartphones by 2026. Growing internet usage among the middle class and the shift towards e-services are further driving the demand for consumer electronics. In 2024 India’s internet penetration rate increased by nearly fifty percent over the previous ten years. In addition, the Indian consumer electronics market is expected to grow at a rate of 6 to 8 percent over the next five years from its estimated USD 73 billion in 2022. These devices can’t function without semiconductors because semiconductors are the chips that allow the smooth functioning of several vital components of these devices. As a result, this increase in demand for semiconductors is augmenting the size & volume of the Indian semiconductor sector.
Who are the Key Players Operating in the India Semiconductor Industry?
The top companies of the India Semiconductor market ruling the industry are:
- Tata Elxsi
- HCL Technologies
- MosChip
- Dixon Technologies
- ASM Technologies Ltd.
- Vedanta Limited
- Applied Materials, Inc.
- Bharat Electronics Limited
- CG Power and Industrial Solution
- MIC Electronics Ltd.
- Aura Semiconductor
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FAQs (Frequently Ask Questions)
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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
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