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India, with growing semiconductor consumption and acceleration in electronics manufacturing activities, and with the setting up of EMS shops, is destined to emerge as an important semiconductor manufacturing location, reports In-Stat (www.in-stat.com). India is one of the fastest growing semiconductorconsuming markets in the world, the hightech market research firm says. The rise of the middle class is driving the consumermarket in India at an astounding pace.
“The semiconductor ecosystem, which is currently dominated by design services and embedded software, will be in place by 2010 with the setting up of planned semiconductor manufacturing facilities,” says Mayank Jain, In-Stat analyst.
“Thus, by 2010, India will have the entire semiconductor industry in place, and will be in the reckoning among other Asian semiconductor manufacturing countries.” Recent research by In-Stat found the following:
• The market for semiconductors in India was valued at US$1.18 billion in 2005 and is forecast to reach US$3.09 billion by 2010.
• Television sets lead semiconductor consumption in the consumer segment.
• By 2010, communications is anticipated to be the major contributor to semiconductor consumption.
The In-Stat research, “In-Depth Analysis: Indian Semiconductor Market Update: Consumption, Manufacturing, and Future Development”, gives a five-year forecast for semiconductor consumption in India, and points out consumption trends across different segments. The major players in various semiconductor segments are discussed to provide an overview of the market’s direction. The report also analyzes the semiconductor manufacturing scenario in India.
