The India semiconductor materials market size reached USD 5.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 8.1 Billion by 2033, exhibiting a growth rate (CAGR) of 5.22% during 2025-2033.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
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USD 5.0 Billion |
Market Forecast in 2033
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USD 8.1 Billion |
Market Growth Rate (2025-2033) | 5.22% |
Semiconductor materials are crystalline solids that have a conductivity range between conductors and insulators. These materials can conduct electricity only when they are exposed to heat or light during the doping process. On account of their distinct features, such as wide temperature limits, high electron mobility and low energy consumption, semiconductor materials are extensively used in India to manufacture various electronic components.
The increasing applications of semiconductor materials in various end use industries represent one of the key factors strengthening the growth of the market in India. Apart from this, the Government of India is taking numerous initiatives to encourage the adoption of semiconductor materials. For instance, in the Union Budget 2017-2018, the Government increased the allocation for incentive schemes, such as the Electronic Development Fund (EDF) and the Modified Special Incentive Package Scheme (M-SIPS), to INR 745 Crore for boosting the industry growth. This has negatively affected the overall market growth, but it is anticipated to recover with the introduction of lockdown relaxations.
IMARC Group provides an analysis of the key trends in each segment of the India semiconductor materials market report, along with forecasts at the country level from 2025-2033. Our report has categorized the market based on material, application, and end use industry.
Breakup by Material:
Breakup by Application:
Breakup by End Use Industry:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Material, Application, End Use Industry, Region |
Regions Covered | North India, West and Central India, South India, East India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report: