TechNavio today launched its report Semiconductor Market in India 2011“2015 based on an in-depth study focusing exclusively on India. The report aims to aid decision makers™ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio™s Hardware said; Imports have catered a lot of demand for electronics and other semiconductor-based products in India. This growing demand may result in original equipment manufacturers (OEMs) and electronic manufacturing service organizations setting up manufacturing facilities in India. This will increase the market size of semiconductors.
According to the report, recently, it has been observed that the Consumer Electronics Goods segment has become crowded with many innovative products. Therefore, there exists a demand from end-users for more efficient products. In India, consumer electronic goods have experienced strong adoption from end-users. Hence, it is expected that the Consumer Electronics segment will grow efficiently during the forecast period, driving the Semiconductor market in India.
Further, the report also discusses that the demand for low-priced semiconductors is a real threat for the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/semiconductor-market-india-2011-2015
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