Dublin, Dec. 27, 2024 (GLOBE NEWSWIRE) -- The "Semiconductor Market in India 2024-2029" report has been added to ResearchAndMarkets.com's offering.
The semiconductor market plays a crucial role in enabling modern electronic devices and is characterized by rapid growth and innovation. With increasing reliance on technology across various industries, this sector is poised for substantial expansion in the coming years.
Major companies in this sector include Samsung, Intel, SK Hynix, and Qualcomm, which dominate the market due to their advanced technologies and manufacturing capabilities.
Market trends:
The rollout of 5G networks is a primary catalyst for semiconductor demand in India. Major telecom companies like Reliance Jio and Bharti Airtel are investing heavily in infrastructure to support high-performance chips that enable faster data speeds and low latency.
A burgeoning ecosystem of startups focused on semiconductor designing is emerging in India. Companies like Kaynes Semicon and various other local firms are contributing to innovation within the industry by developing specialized chips for diverse applications. The presence of engineering talent and favorable business conditions support this growth.
Market drivers:
Rising demand for consumer electronics like smartphones, laptops, tablets, and wearables is a key factor driving semiconductor growth. This trend is fueled by a growing middle class and increasing disposable incomes, leading to greater adoption of advanced devices.
Additionally, the automotive industry's transition to electric vehicles (EVs) has significantly boosted semiconductor demand. EVs require more chips than traditional vehicles, powering systems such as battery management, safety features, and advanced driver-assistance technologies.
Key deterrents to the growth of the market:
The Indian semiconductor market faces significant challenges, particularly in attracting venture capital (VC) investments, despite the government's strong push to establish the country as a global hub for semiconductor manufacturing.
India has limited indigenous semiconductor manufacturing capacity, which means high capital outlay and risks for investors. Semiconductor manufacturing is a long-term investment, often requiring years for substantial returns. This long payback period makes it a less attractive option for short-term investors, especially in an emerging market like India.
Key Topics Covered:
Chapter 1: Executive Summary
Chapter 2: Socio-Economic Indicators
Chapter 3: Introduction
- Market definition and structure
Chapter 4: Market Overview
- Semiconductor Market in India - Overview
- Market Size and Growth Forecast (FY 2023 - FY 2029e)
- SWOT Analysis
Chapter 5: Market Influencers
- Market drivers
- Market challenges
Chapter 6: Market Trends and Growth Opportunities
- Key Market Trends
- Growth Opportunities
Chapter 7: Government Initiatives
- Key Government Initiatives
- Semiconductor Partnerships Between the US and India
Chapter 8: Trade Analysis
- Export
- Value-wise
- Volume-wise
- Country-wise
- Import
- Value-wise
- Volume-wise
- Country-wise
Chapter 9: Competitive Landscape
- Havells India Ltd
- HCL Technologies
- MosChip Technologies Ltd
- Tata Elxsi Limited
- Vedanta Limited
- Broadcom India Pvt. Ltd
- Cisco Systems (India) Pvt. Ltd.
- Nvidia
- Samsung India Private Limited
- Qualcomm India Private Limited
Chapter 10: Major Start-ups
- Major Start-ups
Chapter 11: Recent Developments
For more information about this report visit https://www.researchandmarkets.com/r/8dpuu6
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