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Because firms that employ semiconductors as inputs are in great demand, the Indian semiconductor sector has a lot of space for expansion. Mobile devices, telecommunication equipment, information technology, office automation (IT & OA), industrial machinery, autos, and a variety of other end-use industries all have computing applications in some form or another, necessitating increased need for semiconductors. Now that the Internet of Things (IoT) is gaining traction, the next generation of interconnected gadgets will drive up demand for intelligent computing, resulting in long-term demand for semiconductors.
India’s electronics system design manufacturing (ESDM) business is rapidly expanding. With around 120 units, India has a strong design base. Nearly 2,000 chips are designed every year in India, according to the Department of Electronics and Information Technology (DeitY), and more than 20,000 engineers work on various parts of chip design and verification. In India, the government is putting a lot of effort towards establishing the ESDM ecosystem. For building up electronics manufacturing operations in India, a variety of subsidies and other incentives are available.
Despite the global pandemic and subsequent economic slowdown, the global semiconductor sector remained resilient, growing by 6.5 percent in revenue to reach $440 billion in 2020. The logic and memory chips segments were among the fastest growing in the 2021 Global Semiconductor Industry Outlook, with over 10% growth reported in each of these sub-categories in 2020. The industry is expected to increase by more than 15% to $488 billion in 2021, with memory chips expected to be the fastest-growing segment, growing by more than 13% in 2021.
Memory chips, for example, are a backbone and a requirement for any venture into developing technology. Everything has been touched by semiconductors, from artificial intelligence (AI)-powered smartphones to the adoption of the Internet of Things (IoT), 5G, and the automobile industry. Semiconductors, often known as chips, are used to power technology that improve people’s lives and help organization’s run more intelligently, quickly, and efficiently.
In order to achieve economic efficiency, companies across the semiconductor value chain use a variety of processes and technologies (such as design, fabrication, and assembly). In the sector, however, no area has gained strategic autonomy. Fabless enterprises in the United States rely on Taiwanese foundries to produce their chips. The foundries, in turn, rely on American, Japanese, and European equipment, chemicals, and silicon wafers. As a result of the technological complexity and the demand for scale, a large number of firms with business models centred on a specific layer of the semiconductor value chain have emerged.
Overview- Market Rate
The Indian electronics and hardware industry is expected to reach US$ 112-130 billion by 2018, according to a study by The Associated Chambers of Commerce of India (ASSOCHAM) and EY. Electronics and hardware companies are expanding their manufacturing bases in India in order to serve the home market as well as the Middle East, Africa, and SAARC countries.
The Indian Electronic System Design and Manufacturing (ESDM) market would expand from US$ 76 billion in 2013 to US$ 400 billion by 2020, according to the India Electronics & Semiconductor Association. In the meantime, semiconductor consumption has been constantly increasing. According to a survey by NOVONOUS, the semiconductor sector is expected to increase at a Compound Annual Growth Rate (CAGR) of 26.72 percent from US$ 10.02 billion in 2013 to US$ 52.58 billion in 2020.
Mobile devices are predicted to expand at a high CAGR of 33.4 percent between 2013 and 2020, according to the study report. As a result, mobile devices are predicted to increase their proportion of semiconductor revenue from 35.4 percent in 2013 to 50.7 percent in 2020. Furthermore, between 2013 and 2020, the telecommunications segment is predicted to increase at a high CAGR of 26.8%. Over the next seven years, the IT&PA segment is expected to increase at a CAGR of 18.2%. Although the consumer electronics market is predicted to increase at a CAGR of 18.8% from 2013 to 2020, its share of total semiconductor sales is expected to drop to 3.5 percent from 5.6 percent in 2013.
Top 10 Company
Semiconductor businesses, as a group, play a crucial role in the creation of new technology goods and are viewed as a key investment by many investors. The semiconductor industry, as well as the equities that make up the sector, are notoriously cyclical.
The top ten semiconductor businesses, ranked by 12-month trailing (TTM) revenue, are shown below. This list is restricted to firms that are publicly traded in the United States or Canada, either directly or through American Depository Receipts (ADRs). Some overseas corporations may only report every two years, resulting in lengthier lag times. YCharts provided all data and all values are current as of June 18, 2020.
Semiconductor processors supervise the manufacturing of electronic semiconductors, often known as integrated circuits or microchips. These microchips are present in all electronic gadgets, including cell phones, automobiles, and laptop computers, and are an essential element of modern life.
As a Semiconductor Product Development Engineer, you will assist in the development of novel power semiconductor devices from concept to production release. Project management, costing, qualification, characterisation, yield analysis, and documentation are all examples of this. In addition, the function entails maintaining existing product lines while reducing costs, addressing quality issues, and providing client application support. Working with the Company’s design, test engineering, quality, and production engineering units, both locally and globally, will be part of the job.
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