Wednesday, October 5, 2022

Email id: support@kenresearch.com, Contact Us : +91-9015378249

Home Technology and Telecom IT And ITES Indian Semiconductor Manufacturing Industry is expected to grow at a CAGR of...

Indian Semiconductor Manufacturing Industry is expected to grow at a CAGR of ~20% in between FY2022-2027: Ken Research

Expansion of Manufacturing Plants:

Companies are setting up manufacturing plants in India. International semiconductor consortium (ISMC), a joint venture between Abu Dhabi-based Next Orbit Ventures and Israel’s Tower Semiconductor, plans to invest Rs 22,900 crore ($3 billion) in a chip fab. In May 2022, it signed an agreement with the Karnataka government to set up an Electronics Manufacturing Cluster over 150 acres of land in Kochanahalli Industrial Area.

The Indian Government has been promoting SPECS to help offset the disability for domestic manufacturing of electronic components and semiconductors in order to strengthen the electronics manufacturing ecosystem in the country.

Ease of Market Entry:

There is a lot of scope for new players to enter. This is because of untapped potential, favourable government incentive plans and schemes. It is expected that competition in the market will continue to increase as existing competitors improve or expand their product offerings and as new companies enter the market.

Adoption of 5G network and AI

With increasing internet penetration from 35% in 2016 to ~50% in 2021 and adoption of smart devices are contributing to the semiconductor market growth. The electronics system design manufacturing market is the fastest growing industry in India. Artificial intelligence (AI) is the development of intelligent hardware or software that can copy human activities like learning and problem-solving. Semiconductors are expected to play an important role in the AI opportunity’s acceleration.

Demand from end-user Industries:

The huge demand for semiconductors from end-user industries like industrial machinery, automobiles, telecommunication equipment, office automation, among others for computing purposes is expected to accelerate the growth of the semiconductor market in the coming years.

 The publication titled India Semiconductor Market Outlook to 2027- Driven by increasing demand by end user industries and increasing adoption for smart devices provides a comprehensive analysis of the semiconductor industry by analyzing historical statistics and corresponding developments in the semiconductor market. The market growth declined during COVID as it impacted the workforce and operations, the operations of the customers, and those of the respective vendors and suppliers. Given the consolidated competition structure in the semiconductor manufacturing industry, analysts have elaborated on competitive landscape of major manufacturing players on the basis of business model and operational parameters. The report also covers a snapshot on the players business model, value chain analysis, growth drivers, Porters 5 forces analysis, impact of COVID-19 and factors governing the future outlook of industry. The report also provides comprehensive insight on the market size and segmentation of the industry. The report highlights the pain points of the semiconductor manufacturing industry along with detailed company profiles of major players in India. The report concludes with projections for future industry market size, market segmentations and analyst take on future market scenario.

Key Segments Covered in Indian Semiconductor Market

  • By Type of Semiconductors

Intrinsic

Extrinsic

  • By Type of Design

VLSI

Embedded Software

Electronic Design Automation

India Semiconductor Market

  • By Region

North

South

East

West

  • By Type of Application

Mobile

IT

Automotive

Consumer Electronics

Others

  • By Type of Distribution Channels

Online

Offline

  • By Type of Distributors

International

Local

Time Period Captured in the Report:

  • Historical Period: FY 2017-2022
  • Forecast Period: FY 2023F-2027F

Semiconductor Manufacturing Industry Players

NXP

Broadcom

Samsung

Moschip

Texas Instruments

Saankhya Labs

Key Topics Covered in the Report

  • Ecosystem of Semiconductor Industry
  • Business Lifecycle and Value Chain Analysis Semiconductor Industry
  • Market Overview of Semiconductor Industry
  • Market Size of Semiconductor Industry
  • Market Segmentation of Semiconductor Industry by type of semiconductors, type of design, type of application, type of region, type of distributors, type of distribution channel
  • Competitive Scenario of the Semiconductor Industry
  • Issues and Challenges in Semiconductor Market
  • Trends and Developments in the Semiconductor Industry
  • Porter’s Five Forces analysis of the Semiconductor Industry
  • Growth Drivers of Semiconductor Industry
  • Challenges and Restraints in the Semiconductor Industry
  • Government Rules and Regulations in the Semiconductor Industry
  • Impact of Covid-19 on Semiconductor Industry
  • Future Market Size of Semiconductor Industry
  • Future Market Segmentation of Semiconductor Industry by type of semiconductors, type of design, type of application, type of region, type of distributors, type of distribution channel
  • Analyst Recommendations
  • Research Methodology

For more information on the research report, refer to the below link:

India Semiconductor Market Major Players

Related Reports

UAE Data Center and Cloud Services Market Outlook to 2026F – Driven by Rapid Digital Penetration along with Increasing Investments to meet the Rising Demand for Data Storage and Cloud Services

India Social E-Commerce Market Outlook to 2027 (Second Edition): Driven by growing internet penetration rate and consumers shifting preference towards availing digital medium for purchases

Follow Us

LinkedIn | Facebook | Twitter YouTube

Contact Us:

Ken Research

Ankur Gupta, Head Marketing & Communications

Support@kenresearch.com

+91-9015378249

RELATED ARTICLES

How China is front running in USD 48BN Opportunity in Global Robotics Market in 2028?, unveiled by a report: Ken Research

Buy Now The robotics market has grown significantly in the past few years with the rise in the number of annual installations in China. China...

3 Key Insights on Competitive Landscape in Global Natural Fiber Reinforced Composites Market

Regional Players Dominate the Market Constituting ~45% of Number of Participants However Few Global Players Hold Largest Market Share finds a recent market study...

Top Market Research Consulting Companies: Ken Research

Overview of Market Research Market research provides information on the market, competitors, products, marketing, and customers to help firms make decisions. By enabling informed decisions,...

Most Popular

5 Key Insights on $14 Bn Opportunity in Europe Green Hydrogen Market: Ken Research

Buy Now Driven by Rising Demand for Cleaner Energy, and Growing Environmental Issues Caused by Carbon Emissions, the Green Hydrogen Market in Europe is forecasted...

How China is front running in USD 48BN Opportunity in Global Robotics Market in 2028?, unveiled by a report: Ken Research

Buy Now The robotics market has grown significantly in the past few years with the rise in the number of annual installations in China. China...

3 Key Insights on Competitive Landscape in Global Natural Fiber Reinforced Composites Market

Regional Players Dominate the Market Constituting ~45% of Number of Participants However Few Global Players Hold Largest Market Share finds a recent market study...

3 Key Insights on Competitive Landscape in the Global Night Vision Device Market: Ken Research

Buy Now Despite the Presence of about ~200 Competitors Comprising a Large Number of Country-Niche Players, Regional Players, the Global Players dominate the market in...