Market Trends of APAC Semiconductor Device Industry In Consumer Industry
The Integrated Circuits Segment is Expected to Drive the Market's Growth
Discrete semiconductors are used in various electronic products, including smartphones. These semiconductors perform minor electronic functions, including power conversion, voltage regulation, data transmission, and high-definition digital displays in smartphones. Some of the many discrete semiconductors used in smartphones include transistors, diodes, and power devices.
According to the India Cellular and Electronics Association (ICEA) projections, India's smartphone exports more than quadrupled to USD 11.1 billion (Rs 91,000 crore) in FY23, up from USD 5.48 billion (Rs 45,000 crore) the previous year, owing mainly to the Apple juggernaut. Furthermore, the Ministry of Information and Broadcasting secretary stated that India will have over 1.2 billion mobile phone users and 600 million smartphone users in 2022. Such massive exports of smartphones and a vast number of smartphone users would drive the demand for the studied market.
Computer commonly use discrete semiconductor devices for various functions such as power conversion, voltage regulation, and signal processing. These devices are specified to perform electronic parts such as amplification, rectification, and switching. Examples of discrete semiconductor devices used in computers include diodes, transistors, and rectifiers. However, with the continuous scaling of semiconductor technology, integrated circuits are increasingly being used in place of discrete components due to their smaller size, lower cost, and higher performance.
Further, according to MeitY (India), in the fiscal year 2022, the value of computer hardware production in India was estimated to be around INR 298 billion. This was an increase above the previous fiscal year's production value. The country's computer hardware production value has steadily increased. Further, according to the Department of Commerce, at the end of the fiscal year 2023, the export value for computer hardware from India was estimated to be approximately USD 554 million. Such a rise in computer production and exports would drive the market.
Developing countries like India are also focusing on ambitions to create semiconductor devices manufacturing capability, and various investments from the vendors in the market are driving the market. For instance, in September 2022, Foxconn and local conglomerate Vedanta, based in Taiwan, invested USD 19.5 billion to set up a manufacturing facility in Gujrat, India. The facility is expected to be operational by 2024.
India is Expected to Witness a High Market Growth
Discrete semiconductors are used in various electronic products, including smartphones. These semiconductors perform minor electronic functions, including power conversion, voltage regulation, data transmission, and high-definition digital displays in smartphones. Some of the many discrete semiconductors used in smartphones include transistors, diodes, and power devices.
According to the India Cellular and Electronics Association (ICEA) projections, India's smartphone exports more than quadrupled to USD 11.1 billion (Rs 91,000 crore) in FY23, up from USD 5.48 billion (Rs 45,000 crore) the previous year, owing mainly to the Apple juggernaut. Furthermore, the Ministry of Information and Broadcasting secretary stated that India will have over 1.2 billion mobile phone users and 600 million smartphone users in 2022. Such massive exports of smartphones and a vast number of smartphone users would drive the demand for the studied market.
Computer computers commonly use discrete semiconductor devices for various functions such as power conversion, voltage regulation, and signal processing. These devices are specified to perform electronic parts such as amplification, rectification, and switching. Examples of discrete semiconductor devices used in computers include diodes, transistors, and rectifiers. However, with the continuous scaling of semiconductor technology, integrated circuits are increasingly being used in place of discrete components due to their smaller size, lower cost, and higher performance.
Further, according to MeitY (India), in the fiscal year 2022, the value of computer hardware production in India was estimated to be around INR 298 billion. This was an increase above the previous fiscal year's production value. The country's computer hardware production value has steadily increased. Further, according to the Department of Commerce, at the end of the fiscal year 2023, the export value for computer hardware from India was estimated to be approximately USD 554 million. Such a rise in computer production and exports would drive the market.
Developing countries like India are also focusing on ambitions to create semiconductor devices manufacturing capability, and various investments from the vendors in the market are driving the market. For instance, in September 2022, Foxconn and local conglomerate Vedanta, based in Taiwan, invested USD 19.5 billion to set up a manufacturing facility in Gujrat, India. The facility is expected to be operational by 2024.
