In 2023, India imported transistors (except photosensitive) with a dissipation rate of less than 1 watt weighing 72.5 thousand kilograms. Forecasts show a noticeable increase from 2024 to 2028, with imports expected to rise from 74.39 thousand kilograms in 2024 to 82.13 thousand kilograms in 2028. The year-on-year growth is anticipated to remain steady, averaging around 2% annually. It highlights a consistent upward trend, with a Compound Annual Growth Rate (CAGR) of approximately 2.5% over five years.
Trends to watch:
- Technological advancements in the semiconductor industry, potentially affecting demand and import dynamics.
- Government policies on local manufacturing, impacting import levels.
- Global market fluctuations and trade partnerships influencing supply chain dynamics.
