Semiconductors - India
India- The Semiconductors market in India is expected to witness a significant growth in the coming years.
- According to projections, the revenue in this market is set to reach a staggering US$8.85bn by the year 2025.
- Among the various segments in the industry, Integrated Circuits emerges as the dominant force, with a projected market volume of US$4.53bn in 2025.
- This indicates the strong demand and widespread usage of integrated circuits in various electronic devices.
- Furthermore, the revenue in the Semiconductors market is anticipated to exhibit a steady annual growth rate of 10.74% from 2025 to 2029 (CAGR 2025-2029).
- As a result, the market volume is projected to expand to US$13.31bn by the year 2029.
- This growth trajectory highlights the immense potential and opportunities present in the Indian Semiconductors market.
- In a global context, it is noteworthy that China is expected to generate the highest revenue in the Semiconductors market, with an estimated value of US$204.03bn in 2025.
- This indicates the dominant position of China in the global semiconductor industry and its strong manufacturing capabilities.
- India's growing semiconductor market is fueled by the country's strong IT industry and increasing demand for electronics.
Semiconductors are the crucial building blocks of all the electronics we see daily. The semiconductor industry comprises companies that design, fabricate, assemble, test, and supply semiconductors that are suitable for various applications. The semiconductor market represents the market size of the semiconductors used in various electronics applications.
Structure:
The semiconductor market is structured into four different markets based on the functionality of the semiconductors as follows:
- The Discrete Semiconductors market represents the semiconductors that have a basic function and are mostly built using a single semiconductor device. These are further used in an application in conjunction with other semiconductors.
- The Integrated Circuits market is the largest market and represents the semiconductors that have specific functionality. They generally consist of several basic semiconductor devices. This market is further divided into Analog Integrated Circuits, Logic Integrated Circuits, Memory Integrated Circuits, and Micro Integrated Circuits.
- The Optoelectronics market represents the semiconductors that have functionality related to light.
- The last market Sensors & Actuators represents the semiconductors that sense real-world factors and those that actuate other devices.
Additional Information:
The semiconductor market comprises revenue, revenue change, and key player market shares as the key performance indicators. Only the revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included and the revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B), and governments (B2G). Further definitions of the markets can be found on respective pages.
Key players in this market include Samsung, Intel, SK Hynix, Qualcomm, Micron, etc.,
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- Discrete semiconductors such as diodes, transistors, and resistors
- Integrated circuits such as DRAM, microprocessors, analog to digital converters
- Optoelectronics such as LEDs, laser diodes
- Sensors and actuators such as image sensors, temperature sensors
- Silicon wafers
- Semiconductor foundry services
