Indian Semiconductor Market industry analysis and forecast

Posted by jayashree on September 10th, 2019

Indian Semiconductor Market is expected to reach US$ XX Bn by 2026 at a CAGR of XX% over the period 2018-2026. As per government of India Task Force report (DeitY) gross size of the electronics industry is evaluated at about US$ 1.9 trillion and is anticipated to reach US$ 2.4 trillion by 2020. Report segments Indian Semiconductor market by Material Type, Component, Fabrication Technologies, Organisation Type and End-User Industries.

The key drivers for the semiconductor market in India include rising demand for consumer electronics, growing automotive semiconductor market telecom infrastructure equipment’s, wireless handsets, notebooks and other IT and office automation products, set-top boxes and smart cards, Booming internet of things (IoT) market and Heavy investments in New Product Development, R&D. Growth sectors, including health care equipment, automotive, consumer goods and industrial goods – all of which progressively use electronics – are as well expected to encourage semiconductor consumption in India. With the location of a wafer fab in India, the country could achieve a level of independence in electronics, and partly cut back the very high supply chain risks that the country is exposed to, without an alternative source for procurement.

Indian Semiconductor Market

India is heavily dependent for semiconductor chip imports on Asian countries such as China, Taiwan, South Korea and Japan, although electronic manufacturing service companies in India have reached considerable maturity for final assembly, testing, packaging and distribution services. Chinese and Taiwanese companies compared to western players, are making the major inroads in Indian domestic semiconductor market.

Though the efforts are being made, the way forward is not without roadblocks. The ministry of electronics and information technology (MeitY) is revising its policy framework towards making India a global semiconductor hub, which will see the government taking a more active role, including initial investment, in a bid to attract private sector players. The existing policy has not worked as it offered little commercial viability for the private sector. Earlier, a Jaypee-led consortium pulled out midway from a project for setting up of a semiconductor wafer fabrication manufacturing facility. Recently, another consortium, led by Hindustan

Semiconductor Manufacturing Corporation (HSMC) including ST Microelectronics and Silterra Malaysia, which had also received approval to set up a fab unit, has been facing challenges in tying up the funding. The two projects were worth Rs 51,000 crore. Still, India has a competitive advantage over other countries because of its large engineering skill pool. It offers a large pool of a technically and scientifically-skilled workforce. At the same time, the country has ample semiconductor design talent at competitive costs.

Scope of the Indian Semiconductor Market

For more information visit:

https://www.maximizemarketresearch.com/market-report/indian-semiconductor-market/14504/

Indian Semiconductor Market by Material

• Silicon

• Germenuim

• Carbon

• Tin

• Others

Indian Semiconductor Market by Fabrication Technologies

• Metalorganic vapour phase epitaxy (MOVPE)

• Molecular beam epitaxy (MBE)

• Hydride vapour phase epitaxy (HVPE)

• Liquid phase epitaxy (LPE)

• Metal-organic molecular beam epitaxy (MOMBE)

• Atomic layer deposition (ALD)

Indian Semiconductor Market by Component

• IC

 IC Design

 IC Manufacturing

 IC Packaging and Testing

• O-S-D

Indian Semiconductor Market by Organisation Type

• Large Enterprises

• SMEs

Indian Semiconductor Market by End User Industry

• Electronics

• Telecommunication

• Information & Technology

• Data Processing

• Automotive

• Industrial Machinary

• Consumer

• Others

Key Players in Indian Semiconductor Market

NXP Semiconductors

Cisco Systems (India) Pvt. Ltd.

Adroit IC Design

Ineda Systems

Semiconductors India Pvt. Ltd.

Cadence Design Systems (India) Pvt. Ltd.

D’GIPRO Systems Pvt. Ltd.

DCM Data Systems Ltd.

Digital-X (India) Pvt Ltd.

HCL Technologies India Pvt. Ltd.

HiQ Networks (India) Pvt. Ltd.

IBM Global Services India Pvt. Ltd.

IKOS India Pvt. Ltd.

Silicon Automation Systems (India) Pvt. Ltd. (SASI)

Sand Microelctronics (I) Pvt Ltd

Silicon Interfaces

Smart Modular Tech.

Spike Technologies (India) Pvt.Ltd.

Shonk Technologies ltd

Semiconductor Complex Ltd.

Tata Elxsi Ltd.

Tata Infotech Ltd.

Texas Instruments (India) Ltd.

20 more small and medium scale companies are profiled, analyzed and benchmarked in the Report

This Report Is Submitted By Maximize Market Research

Customization of the report:

Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

Contact info:

Name: Lumawant Godage

Organization: MAXIMIZE MARKET RESEARCH PVT. LTD.

Email: sales@maximizemarketresearch.com

Address: Maharashtra 411051, India.

Contact:+919607365656

Like it? Share it!


jayashree

About the Author

jayashree
Joined: June 25th, 2019
Articles Posted: 65

More by this author