In 2023, processing components were the biggest market for semiconductors in India at 14 billion U.S. dollars. It was estimated that by 2030, it would increase to 33 billion dollars. Among the components, the sensors would see the highest growth, from three billion dollars to eight billion dollars during the same period.
Market size of semiconductor industry in India in 2023 with forecasts of 2030, by component
(in billion U.S. dollars)
Characteristic
2023
2030
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Invest India. (May 1, 2024). Market size of semiconductor industry in India in 2023 with forecasts of 2030, by component (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1480564/india-market-size-of-semiconductor-industry-by-component/
Invest India. "Market size of semiconductor industry in India in 2023 with forecasts of 2030, by component (in billion U.S. dollars)." Chart. May 1, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1480564/india-market-size-of-semiconductor-industry-by-component/
Invest India. (2024). Market size of semiconductor industry in India in 2023 with forecasts of 2030, by component (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1480564/india-market-size-of-semiconductor-industry-by-component/
Invest India. "Market Size of Semiconductor Industry in India in 2023 with Forecasts of 2030, by Component (in Billion U.S. Dollars)." Statista, Statista Inc., 1 May 2024, https://www.statista.com/statistics/1480564/india-market-size-of-semiconductor-industry-by-component/
Invest India, Market size of semiconductor industry in India in 2023 with forecasts of 2030, by component (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1480564/india-market-size-of-semiconductor-industry-by-component/ (last visited July 22, 2024)
Market size of semiconductor industry in India in 2023 with forecasts of 2030, by component (in billion U.S. dollars) [Graph], Invest India, May 1, 2024. [Online]. Available: https://www.statista.com/statistics/1480564/india-market-size-of-semiconductor-industry-by-component/