In 2023, handsets were the biggest market for semiconductor applications in India at 22 billion U.S. dollars. It was estimated that by 2030, it would increase to 62 billion dollars. Among the sectors, the automotive industry would see the highest growth from two billion dollars to nine billion dollars during the same period.
Market size of semiconductor application industries in India in 2023 with forecasts of 2030, by sector
(in billion U.S. dollars)
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Invest India. (May 1, 2024). Market size of semiconductor application industries in India in 2023 with forecasts of 2030, by sector (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1424656/india-market-size-of-semiconductor-application-industries-by-sector/
Invest India. "Market size of semiconductor application industries in India in 2023 with forecasts of 2030, by sector (in billion U.S. dollars)." Chart. May 1, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1424656/india-market-size-of-semiconductor-application-industries-by-sector/
Invest India. (2024). Market size of semiconductor application industries in India in 2023 with forecasts of 2030, by sector (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1424656/india-market-size-of-semiconductor-application-industries-by-sector/
Invest India. "Market Size of Semiconductor Application Industries in India in 2023 with Forecasts of 2030, by Sector (in Billion U.S. Dollars)." Statista, Statista Inc., 1 May 2024, https://www.statista.com/statistics/1424656/india-market-size-of-semiconductor-application-industries-by-sector/
Invest India, Market size of semiconductor application industries in India in 2023 with forecasts of 2030, by sector (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1424656/india-market-size-of-semiconductor-application-industries-by-sector/ (last visited December 23, 2024)
Market size of semiconductor application industries in India in 2023 with forecasts of 2030, by sector (in billion U.S. dollars) [Graph], Invest India, May 1, 2024. [Online]. Available: https://www.statista.com/statistics/1424656/india-market-size-of-semiconductor-application-industries-by-sector/