India Semiconductor Market Share, Trends, Growth, Analysis, Size, Outlook 2025-2033

Semiconductor Market - India

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%

According to IMARC Group's report titled "India Semiconductor Market Report and Forecast 2025-2033," the market 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  during 2025-2033.

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India Semiconductor Market Trends and Drivers:

• India semiconductor industry is witnessing growth driven by skyrocketing digitalization, increased demand for automotive electronics, consumer electronics, and government-initiated initiatives to build a self-sufficient semiconductor ecosystem.

• In effect, India's growing appetite for smartphones, laptops, smart TVs, wearables, and IoT products is aggressively driving semiconductor consumption in consumer technology segments.

• Moreover, the rising electric vehicle (EV) and automotive sector, specifically with more smart and connected cars, is fueling demand for semiconductors used in sensors, battery management modules, and infotainment modules.

• Besides that, India's 5G rollout, data centers, and building cloud infrastructure are also creating demand for high-performance semiconductors to manage next-generation communication networks and big-scale computation.

• Also, government programs such as the Production Linked Incentive (PLI) scheme, Design Linked Incentive (DLI) scheme, and creating semiconductor manufacturing parks are creating a friendly policy and investment environment attracting domestic players along with global giants to invest in India's semiconductor value chain.

• Apart from this, India's strategic drive towards becoming a global leader in electronic production under the "Make in India" initiative is increasing efforts towards indigenizing semiconductor design, fabrication, assembly, and testing.

• Apart from that, pandemic aftermath realignments within international supply chains and geopolitics-driven tensions have prompted multinational companies to consider India as a strong substitute option for semiconductor procurement and production.

• With this, growing investment in semiconductor design services, especially in VLSI design, embedded systems, and chip prototyping, are supporting India's claim to a top design and R&D hub.

• Furthermore, academia-research-industry convergence is driving talent creation and chip technology innovation, which will be critical to building long-term sectoral resilience.

• Besides, India's fast-expanding fintech, healthcare tech, and industrial automation spaces are creating demand for semiconductors in specialty use cases such as payment terminals, medical devices, and smart manufacturing equipment.

• Additional, expansion in AI, machine learning, and edge computing is boosting demand for energy-efficient and high-performance chips capable of handling sophisticated data processing at scale.

• Apart from this, digital payment economies and online commerce development are also relying on secure and efficient semiconductor solutions for protection of transactions and device authentication.

• In sum, it is the linkage of technological innovation, global repositioning, supportive policy interventions, and rising domestic demand that is boosting India semiconductor industry as a key support pillar of Indian digital economy.

India Semiconductor Industry Segmentation:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest India semiconductor market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.

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

Request for customization: https://www.imarcgroup.com/request?type=report&id=9343&flag=C

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key highlights of the Report:

• Market Performance (2019-2024)

• Market Outlook (2025-2033)

• COVID-19 Impact on the Market

• Porter’s Five Forces Analysis

• Strategic Recommendations

• Historical, Current and Future Market Trends

• Market Drivers and Success Factors

• SWOT Analysis

• Structure of the Market

• Value Chain Analysis

• Comprehensive Mapping of the Competitive Landscape

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

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