PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1909308
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1909308
India Compound Semiconductor Market Size & Opportunities Analysis - Growth Strategies, Competitiveness, and Forecasts (2026 - 2032)
The India compound semiconductor market is witnessing steady growth as demand rises for high-performance and energy-efficient semiconductor materials across advanced electronic applications. The market is valued at USD 48.6 billion in 2025 and is projected to reach USD 84.0 billion by 2032, growing at a CAGR of 8.4% during the study period from 2019 to 2032. Increasing adoption of compound semiconductors in power electronics, optoelectronics, telecommunications, and automotive applications is supporting sustained market expansion.
India's push toward advanced electronics manufacturing, coupled with rising investments in renewable energy, electric vehicles, and 5G infrastructure, is strengthening demand for compound semiconductor materials such as gallium nitride and silicon carbide. These materials offer superior performance in high-frequency, high-power, and high-temperature environments, making them essential for next-generation electronic systems. Ongoing policy support and infrastructure development are further enhancing the domestic compound semiconductor ecosystem.
Gujarat represents the largest state-level market, supported by strong industrial infrastructure and semiconductor-related investments, while Karnataka is emerging as the fastest-growing state due to its robust technology ecosystem, research capabilities, and growing adoption of advanced electronics. As India continues to advance its semiconductor manufacturing capabilities, the compound semiconductor market is expected to maintain consistent growth throughout the forecast period.
Key Insights
The India compound semiconductor market is valued at USD 48.6 billion in 2025 and is expected to reach USD 84.0 billion by 2032, reflecting steady long-term growth driven by expanding advanced electronics applications.
The market is projected to grow at a CAGR of 8.4% during 2019-2032, supported by increasing demand for high-efficiency and high-performance semiconductor materials.
Growing adoption of compound semiconductors in power electronics, optoelectronics, and telecommunications is strengthening market demand.
Gujarat accounts for the largest share of the market, driven by strong industrial capacity, investment inflows, and semiconductor-focused initiatives.
Karnataka is the fastest-growing state, supported by a strong technology ecosystem, R&D activity, and increasing deployment of advanced electronic systems.
Rising investments in electric vehicles, renewable energy, and charging infrastructure are boosting demand for wide-bandgap semiconductors.
Expansion of 5G networks and data communication systems is accelerating adoption of compound semiconductors for high-frequency applications.
Increasing focus on energy efficiency and performance optimization is driving material innovation and technology upgrades.
Collaboration between research institutions, manufacturers, and technology companies is strengthening the compound semiconductor value chain.
Continuous policy support, infrastructure development, and rising demand for advanced electronics are expected to sustain long-term growth in the India compound semiconductor 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 Chemical Vapor Deposition (CVD)
- 1.4.2. Market Size Breakdown, by Molecular Beam Epitaxy
- 1.4.3. Market Size Breakdown, by Hydride Vapor Phase Epitaxy (HVPE)
- 1.4.4. Market Size Breakdown, by Ammonothermal
- 1.4.5. Market Size Breakdown, by Liquid Phase Epitaxy
- 1.4.6. Market Size Breakdown, by Atomic Layer Deposition (ALD)
- 1.4.7. Market Size Breakdown, by Type
- 1.4.8. Market Size Breakdown, by Product
- 1.4.9. 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. Gujarat Market
- 7.1. Overview
- 7.2. Market Revenue, by Chemical Vapor Deposition (CVD) (2019-2032)
- 7.3. Market Revenue, by Molecular Beam Epitaxy (2019-2032)
- 7.4. Market Revenue, by Hydride Vapor Phase Epitaxy (HVPE) (2019-2032)
- 7.5. Market Revenue, by Ammonothermal (2019-2032)
- 7.6. Market Revenue, by Liquid Phase Epitaxy (2019-2032)
- 7.7. Market Revenue, by Atomic Layer Deposition (ALD) (2019-2032)
- 7.8. Market Revenue, by Type (2019-2032)
- 7.9. Market Revenue, by Product (2019-2032)
- 7.10. Market Revenue, by Application (2019-2032)
- 7.11. Market Revenue, by Country (2019-2032)
Chapter 8. Karnataka Market
- 8.1. Overview
- 8.2. Market Revenue, by Chemical Vapor Deposition (CVD) (2019-2032)
- 8.3. Market Revenue, by Molecular Beam Epitaxy (2019-2032)
- 8.4. Market Revenue, by Hydride Vapor Phase Epitaxy (HVPE) (2019-2032)
- 8.5. Market Revenue, by Ammonothermal (2019-2032)
- 8.6. Market Revenue, by Liquid Phase Epitaxy (2019-2032)
- 8.7. Market Revenue, by Atomic Layer Deposition (ALD) (2019-2032)
- 8.8. Market Revenue, by Type (2019-2032)
- 8.9. Market Revenue, by Product (2019-2032)
- 8.10. Market Revenue, by Application (2019-2032)
- 8.11. Market Revenue, by Country (2019-2032)
Chapter 9. Tamil Nadu Market
- 9.1. Overview
- 9.2. Market Revenue, by Chemical Vapor Deposition (CVD) (2019-2032)
- 9.3. Market Revenue, by Molecular Beam Epitaxy (2019-2032)
- 9.4. Market Revenue, by Hydride Vapor Phase Epitaxy (HVPE) (2019-2032)
- 9.5. Market Revenue, by Ammonothermal (2019-2032)
- 9.6. Market Revenue, by Liquid Phase Epitaxy (2019-2032)
- 9.7. Market Revenue, by Atomic Layer Deposition (ALD) (2019-2032)
- 9.8. Market Revenue, by Type (2019-2032)
- 9.9. Market Revenue, by Product (2019-2032)
- 9.10. Market Revenue, by Application (2019-2032)
- 9.11. Market Revenue, by Country (2019-2032)
Chapter 10. Assam Market
- 10.1. Overview
- 10.2. Market Revenue, by Chemical Vapor Deposition (CVD) (2019-2032)
- 10.3. Market Revenue, by Molecular Beam Epitaxy (2019-2032)
- 10.4. Market Revenue, by Hydride Vapor Phase Epitaxy (HVPE) (2019-2032)
- 10.5. Market Revenue, by Ammonothermal (2019-2032)
- 10.6. Market Revenue, by Liquid Phase Epitaxy (2019-2032)
- 10.7. Market Revenue, by Atomic Layer Deposition (ALD) (2019-2032)
- 10.8. Market Revenue, by Type (2019-2032)
- 10.9. Market Revenue, by Product (2019-2032)
- 10.10. Market Revenue, by Application (2019-2032)
- 10.11. Market Revenue, by Country (2019-2032)
Chapter 11. Uttar Pradesh Market
- 11.1. Overview
- 11.2. Market Revenue, by Chemical Vapor Deposition (CVD) (2019-2032)
- 11.3. Market Revenue, by Molecular Beam Epitaxy (2019-2032)
- 11.4. Market Revenue, by Hydride Vapor Phase Epitaxy (HVPE) (2019-2032)
- 11.5. Market Revenue, by Ammonothermal (2019-2032)
- 11.6. Market Revenue, by Liquid Phase Epitaxy (2019-2032)
- 11.7. Market Revenue, by Atomic Layer Deposition (ALD) (2019-2032)
- 11.8. Market Revenue, by Type (2019-2032)
- 11.9. Market Revenue, by Product (2019-2032)
- 11.10. Market Revenue, by Application (2019-2032)
- 11.11. Market Revenue, by Country (2019-2032)
Chapter 12. Maharashtra Market
- 12.1. Overview
- 12.2. Market Revenue, by Chemical Vapor Deposition (CVD) (2019-2032)
- 12.3. Market Revenue, by Molecular Beam Epitaxy (2019-2032)
- 12.4. Market Revenue, by Hydride Vapor Phase Epitaxy (HVPE) (2019-2032)
- 12.5. Market Revenue, by Ammonothermal (2019-2032)
- 12.6. Market Revenue, by Liquid Phase Epitaxy (2019-2032)
- 12.7. Market Revenue, by Atomic Layer Deposition (ALD) (2019-2032)
- 12.8. Market Revenue, by Type (2019-2032)
- 12.9. Market Revenue, by Product (2019-2032)
- 12.10. Market Revenue, by Application (2019-2032)
- 12.11. Market Revenue, by Country (2019-2032)
Chapter 13. Company Profiles
Chapter 14. Appendix
- 14.1. Sources and References
- 14.2. Related Reports
