India Semiconductor Market Size, Share, Trends, Research Report 2025-2033

Semiconductor Market in India 2025:

How Big is the India Semiconductor Industry?

The India semiconductor market size reached USD 53.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 161.0 Billion by 2033, exhibiting a growth rate (CAGR) of 12.45% during 2025-2033.

Market Statistics

• Base Year: 2024

• Historical Years: 2019-2024

• Forecast Years: 2025-2033

• Market Size in 2024: USD 53.2 Billion

• Market Size in 2033: USD 161.0 Billion

• Market Growth Rate (CAGR) 2025-2033: 12.45%

India Semiconductor Market Trends and Drivers:

The India semiconductor market is gaining tremendous momentum on the back of consumer electronics growth at a rapid pace, increasing digitization, and initiatives by the government to develop an indigenous semiconductor ecosystem. Essentially, increasing demand for smartphones, laptops, wearables, and IoT devices is generating the demand for chips, processors, and sensors, and thus semiconductors are becoming one of the most important pillars of India's digital economy. Furthermore, the rapid rollout of 5G networks, cloud computing centers, and data centers is generating high demand for energy-efficient and high-performance semiconductors across various industries. On top of this, India's automotive industry is also experiencing high growth in the integration of electronics, especially with the move to electric vehicles (EVs), advanced driver assistance systems (ADAS), and infotainment systems, all of which heavily rely on semiconductor devices. Apart from this, the increased adoption of automation, robotics, and AI in industrial applications is also accelerating the pace in the semiconductor sector. Apart from this, the government's ambitious push through programs such as the Production Linked Incentive (PLI), the Design Linked Incentive (DLI), and the India Semiconductor Mission (ISM) is attracting global and Indian firms to the investment list for chip design, manufacturing, and packaging units.

Moreover, strategic collaborations with global technology firms and investments in semiconductor parks and fab facilities are laying the groundwork for long-term growth. Additionally, fabless start-ups, design facilities, and R&D hubs cropping up in Bengaluru, Hyderabad, and Pune are making India a potential semiconductor innovation hub. Also, growing geopolitical tensions and the global shortage of semiconductors have compelled multinational companies to diversify their supply chains and seek India as a back-up manufacturing and design base. Besides that, growing interest in wearable technology, smart home devices, and medical electronics is further propelling demand for premium and application-driven semiconductor devices. Simultaneously, talent development initiatives and joint efforts with academia are enhancing India's pool of engineering talent required for the industry. Additionally, a focus on sustainability and energy efficiency in electronics is benefiting the development of low-power chips and sustainable manufacturing methodologies. Overall, technological innovation, policy measures, shifts in patterns of demand, and global market realignments are driving India's semiconductor industry into a phase of dynamic and strategic expansion.

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India Semiconductor Market Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Components:

• Memory Devices

• Logic Devices

• Analog IC

• MPU

• Discrete Power Devices

• MCU

• Sensors

• Others

Breakup by Material Used:

• Silicon Carbide

• Gallium Manganese Arsenide

• Copper Indium Gallium Selenide

• Molybdenum Disulfide

• Others

Breakup by End User:

• Automotive

• Industrial

• Data Center

• Telecommunication

• Consumer Electronics

• Aerospace and Defense

• Healthcare

• Others

Breakup by Region:

• South India

• North India

• West and Central India

• East India

Top Players Analysis:

The report provides a detailed analysis of the competitive environment. It covers various aspects such as market structure, positioning of key players, top strategies for success, a competitive dashboard, and a company evaluation quadrant. Furthermore, the report includes comprehensive profiles of all major companies. 

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Other Key Points Covered in the Report:

• COVID-19 Impact on the Market

• Porter's Five Forces Analysis

• Strategic Recommendations

• Market Dynamics

• Historical, Current and Future Market Trends

• Market Drivers and Success Factors

• SWOT Analysis

• Value Chain Analysis

• Comprehensive Mapping of the Competitive Landscape

• Top Winning Strategies

• Recent Industry News

• Key Technological Trends & Development

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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