PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1909292
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1909292
The India analogue and mixed signal integrated circuit market is witnessing steady growth as expanding electronics manufacturing, rising adoption of connected devices, and increasing demand for signal processing solutions drive market development across the country. The market is valued at USD 3.3 billion in 2025 and is projected to reach USD 5.0 billion by 2032, growing at a CAGR of 6.5% during the study period from 2019 to 2032. Growing demand from consumer electronics, automotive systems, industrial automation, and communication infrastructure is supporting sustained market expansion.
Analogue and mixed signal integrated circuits play a critical role in bridging real-world signals with digital systems, enabling accurate sensing, power management, and data conversion. Increasing deployment of IoT devices, electric vehicles, smart appliances, and industrial control systems is strengthening demand for these ICs. Government initiatives supporting domestic electronics manufacturing and semiconductor ecosystem development are further reinforcing long-term market momentum.
Karnataka represents the largest state-level market, supported by a strong semiconductor design ecosystem, presence of global and domestic technology firms, and advanced R&D capabilities, while Tamil Nadu is emerging as the fastest-growing state due to expanding electronics manufacturing clusters, rising industrial activity, and increasing investment in semiconductor-related infrastructure. As India continues to strengthen its electronics and semiconductor landscape, the analogue and mixed signal integrated circuit market is expected to maintain consistent growth throughout the forecast period.
Key Insights
The India analogue and mixed signal integrated circuit market is valued at USD 3.3 billion in 2025 and is expected to reach USD 5.0 billion by 2032, reflecting steady long-term growth driven by expanding electronics adoption.
The market is projected to grow at a CAGR of 6.5% during 2019-2032, supported by rising demand across automotive, industrial, and consumer electronics applications.
Increasing adoption of connected and smart devices is strengthening demand for analogue and mixed signal IC solutions.
Karnataka accounts for the largest share of the market, driven by a strong semiconductor design ecosystem and advanced R&D capabilities.
Tamil Nadu is the fastest-growing state, supported by expanding electronics manufacturing infrastructure and industrial growth.
Growth in automotive electronics and electric vehicles is increasing demand for power management and signal processing ICs.
Rising deployment of IoT and industrial automation systems is expanding application areas for mixed signal integrated circuits.
Government support for electronics manufacturing and semiconductor ecosystem development is reinforcing long-term market growth.
Increasing collaboration between IC designers and electronics manufacturers is strengthening domestic value chains.
Continued investment in electronics manufacturing, semiconductor design, and technology innovation is expected to sustain long-term growth in the India analogue and mixed signal integrated circuit market.