PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1909299
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1909299
India Integrated Circuit Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2026 - 2032)
The India integrated circuit market is witnessing robust growth as expanding electronics manufacturing, rapid digitalization, and rising demand for advanced semiconductor solutions strengthen the country's technology ecosystem. The market is valued at USD 33.5 billion in 2025 and is projected to reach USD 80.4 billion by 2032, growing at a strong CAGR of 13.6% during the study period from 2019 to 2032. Increasing consumption of consumer electronics, automotive electronics, industrial systems, and communication infrastructure is driving sustained market expansion.
Integrated circuits are foundational components across modern electronic devices, enabling processing, connectivity, power management, and control functions. Growing adoption of electric vehicles, 5G networks, IoT devices, and smart appliances is significantly strengthening demand for advanced ICs. Government initiatives focused on electronics manufacturing, semiconductor ecosystem development, and supply chain localization are further reinforcing long-term market momentum.
Tamil Nadu represents the largest state-level market, supported by a strong electronics manufacturing base, established industrial clusters, and presence of major OEMs, while Karnataka is emerging as the fastest-growing state due to its robust semiconductor design ecosystem, advanced R&D capabilities, and increasing investment in chip design and innovation. As India continues to scale its semiconductor ambitions, the integrated circuit market is expected to maintain strong growth throughout the forecast period.
Key Insights
The India integrated circuit market is valued at USD 33.5 billion in 2025 and is expected to reach USD 80.4 billion by 2032, reflecting strong long-term growth driven by expanding electronics demand.
The market is projected to grow at a CAGR of 13.6% during 2019-2032, supported by rapid digitalization and semiconductor adoption across industries.
Increasing demand for consumer electronics, automotive systems, and communication infrastructure is strengthening IC consumption.
Tamil Nadu accounts for the largest share of the market, driven by established electronics manufacturing clusters and industrial infrastructure.
Karnataka is the fastest-growing state, supported by a strong semiconductor design ecosystem and rising investment in innovation.
Growth in electric vehicles, IoT devices, and 5G deployment is expanding application areas for integrated circuits.
Government support for domestic electronics and semiconductor manufacturing is reinforcing long-term market development.
Increasing collaboration between global technology firms and domestic manufacturers is strengthening supply chain capabilities.
Advancements in IC design and manufacturing technologies are improving performance and efficiency.
Continued investment in semiconductor infrastructure, R&D, and electronics manufacturing is expected to sustain long-term growth in the India integrated circuit market.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market Size Breakdown, by Memory ICs
- 1.4.2. Market Size Breakdown, by Logic ICs
- 1.4.3. Market Size Breakdown, by Microprocessors (Micro ICs)
- 1.4.4. Market Size Breakdown, by Analog ICs
- 1.4.5. Market Size Breakdown, by Mixed-Signal ICs
- 1.4.6. Market Size Breakdown, by Application
- 1.5. Market Data Reporting Unit
- 1.5.1. Revenue
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence Database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Industry Background
- 5.2. Market Dynamics
- 5.2.1. Trends
- 5.2.2. Drivers
- 5.2.3. Restraints/Challenges
- 5.2.4. Emerging Economies and Key Opportunities
- 5.2.5. Impact Analysis of Drivers/Restraints
- 5.3. Sociopolitical Impact
- 5.4. Porter's Five Forces Analysis
- 5.4.1. Bargaining Power of Buyers
- 5.4.2. Bargaining Power of Suppliers
- 5.4.3. Threat of New Entrants
- 5.4.4. Intensity of Rivalry
- 5.4.5. Threat of Substitutes
- 5.5. Lifecycle Analysis
- 5.6. Innovation and Technology Trends
- 5.7. Economic and Regulatory Impact
- 5.8. Market Entry Strategies
Chapter 6. Competitive Landscape
- 6.1. List of Market Players and their Offerings
- 6.2. Market Share of Key Players (2025)
- 6.3. Competitive Benchmarking of Key Players
- 6.4. Product Benchmarking of Key Players
- 6.5. Recent Strategic Developments by Key Players
- 6.6. Company Leadership Matrix
Chapter 7. Karnataka Market
- 7.1. Overview
- 7.2. Market Revenue, by Memory ICs (2019-2032)
- 7.3. Market Revenue, by Logic ICs (2019-2032)
- 7.4. Market Revenue, by Microprocessors (Micro ICs) (2019-2032)
- 7.5. Market Revenue, by Analog ICs (2019-2032)
- 7.6. Market Revenue, by Mixed-Signal ICs (2019-2032)
- 7.7. Market Revenue, by Application (2019-2032)
- 7.8. Market Revenue, by Country (2019-2032)
Chapter 8. Tamil Nadu Market
- 8.1. Overview
- 8.2. Market Revenue, by Memory ICs (2019-2032)
- 8.3. Market Revenue, by Logic ICs (2019-2032)
- 8.4. Market Revenue, by Microprocessors (Micro ICs) (2019-2032)
- 8.5. Market Revenue, by Analog ICs (2019-2032)
- 8.6. Market Revenue, by Mixed-Signal ICs (2019-2032)
- 8.7. Market Revenue, by Application (2019-2032)
- 8.8. Market Revenue, by Country (2019-2032)
Chapter 9. Maharashtra Market
- 9.1. Overview
- 9.2. Market Revenue, by Memory ICs (2019-2032)
- 9.3. Market Revenue, by Logic ICs (2019-2032)
- 9.4. Market Revenue, by Microprocessors (Micro ICs) (2019-2032)
- 9.5. Market Revenue, by Analog ICs (2019-2032)
- 9.6. Market Revenue, by Mixed-Signal ICs (2019-2032)
- 9.7. Market Revenue, by Application (2019-2032)
- 9.8. Market Revenue, by Country (2019-2032)
Chapter 10. Telangana Market
- 10.1. Overview
- 10.2. Market Revenue, by Memory ICs (2019-2032)
- 10.3. Market Revenue, by Logic ICs (2019-2032)
- 10.4. Market Revenue, by Microprocessors (Micro ICs) (2019-2032)
- 10.5. Market Revenue, by Analog ICs (2019-2032)
- 10.6. Market Revenue, by Mixed-Signal ICs (2019-2032)
- 10.7. Market Revenue, by Application (2019-2032)
- 10.8. Market Revenue, by Country (2019-2032)
Chapter 11. Gujarat Market
- 11.1. Overview
- 11.2. Market Revenue, by Memory ICs (2019-2032)
- 11.3. Market Revenue, by Logic ICs (2019-2032)
- 11.4. Market Revenue, by Microprocessors (Micro ICs) (2019-2032)
- 11.5. Market Revenue, by Analog ICs (2019-2032)
- 11.6. Market Revenue, by Mixed-Signal ICs (2019-2032)
- 11.7. Market Revenue, by Application (2019-2032)
- 11.8. Market Revenue, by Country (2019-2032)
Chapter 12. Uttar Pradesh Market
- 12.1. Overview
- 12.2. Market Revenue, by Memory ICs (2019-2032)
- 12.3. Market Revenue, by Logic ICs (2019-2032)
- 12.4. Market Revenue, by Microprocessors (Micro ICs) (2019-2032)
- 12.5. Market Revenue, by Analog ICs (2019-2032)
- 12.6. Market Revenue, by Mixed-Signal ICs (2019-2032)
- 12.7. Market Revenue, by Application (2019-2032)
- 12.8. Market Revenue, by Country (2019-2032)
Chapter 13. Company Profiles
Chapter 14. Appendix
- 14.1. Sources and References
- 14.2. Related Reports
