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Indian Mobile Components Manufacturing Assembly Market

ID: MRFR/SEM/23040-HCR
128 Pages
Aarti Dhapte
October 2025

Indian Mobile Components Manufacturing and Assembly Market Research Report By Component Type (Camera Modules, Circuit Boards, Display Panels, Batteries, Connectors, Semiconductors), By Application (Smartphones, Feature Phones, Tablets, Laptops, Wearable Devices), By Business Model (Original Equipment Manufacturers (OEMs), Original Design Manufacturers (ODMs), Contract Manufacturers (CMs)), By Level of Integration (Surface Mount Technology (SMT), Through-Hole Technology (THT), Ball Grid Array (BGA)) and By Regional (North America, Europe, So... read more

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Indian Mobile Components Manufacturing Assembly Market Summary

As per MRFR analysis, the Indian Mobile Components Manufacturing and Assembly Market was estimated at 39.11 USD Billion in 2024. The industry is projected to grow from 49.97 USD Billion in 2025 to 578.6 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 27.75 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Indian Mobile Components Manufacturing and Assembly Market is poised for robust growth driven by domestic initiatives and technological advancements.

  • The rise of domestic manufacturing is reshaping the landscape of the Indian mobile components sector.
  • Technological advancements are fostering innovation, particularly in the camera modules segment, which remains the largest.
  • Collaborative ecosystems are emerging, especially in the Asia-Pacific region, enhancing supply chain efficiencies.
  • Government initiatives and the increasing smartphone penetration are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 39.11 (USD Billion)
2035 Market Size 578.6 (USD Billion)
CAGR (2025 - 2035) 27.75%

Major Players

Samsung Electronics (KR), Foxconn Technology Group (TW), Wistron Corporation (TW), Vivo Communication Technology Co. Ltd. (CN), Xiaomi Corporation (CN), Lava International (IN), Micromax Informatics (IN), Oppo Electronics Corp. (CN), Nokia Corporation (FI)

Indian Mobile Components Manufacturing Assembly Market Trends

The Indian Mobile Components Manufacturing and Assembly Market is currently experiencing a transformative phase, characterized by a surge in domestic production capabilities and a growing emphasis on self-reliance. This shift is largely driven by government initiatives aimed at boosting local manufacturing, which appear to be fostering an environment conducive to innovation and investment. As a result, numerous companies are increasingly focusing on establishing robust supply chains within the country, thereby reducing dependency on imports. This trend not only enhances the resilience of the market but also positions India as a potential hub for mobile component production in the global landscape. Moreover, the market is witnessing a notable increase in collaboration between various stakeholders, including manufacturers, technology providers, and research institutions. Such partnerships seem to be instrumental in advancing technological advancements and improving product quality. Additionally, the rising demand for smartphones and other mobile devices is likely to further stimulate growth in the sector. As consumer preferences evolve, manufacturers are adapting their strategies to meet the changing needs, which may lead to the introduction of more innovative and efficient components. Overall, the Indian Mobile Components Manufacturing and Assembly Market appears poised for substantial growth in the coming years, driven by a combination of policy support, technological advancements, and shifting consumer dynamics.

Rise of Domestic Manufacturing

The Indian Mobile Components Manufacturing and Assembly Market is witnessing a pronounced shift towards domestic production. This trend is largely influenced by government policies promoting Make in India initiatives, which encourage local manufacturing. As companies invest in local facilities, the market is likely to see enhanced production capabilities and reduced reliance on imports.

Technological Advancements

Technological innovation is becoming increasingly pivotal in the Indian Mobile Components Manufacturing and Assembly Market. Manufacturers are focusing on integrating advanced technologies such as automation and artificial intelligence into their production processes. This emphasis on technology is expected to improve efficiency and product quality, thereby meeting the evolving demands of consumers.

Collaborative Ecosystems

The formation of collaborative ecosystems among manufacturers, suppliers, and research institutions is emerging as a key trend in the Indian Mobile Components Manufacturing and Assembly Market. These partnerships are fostering knowledge sharing and innovation, which may lead to the development of cutting-edge components and solutions tailored to meet market needs.

Indian Mobile Components Manufacturing Assembly Market Drivers

Emergence of 5G Technology

The rollout of 5G technology is poised to transform the Indian Mobile Components Manufacturing and Assembly Market. As telecom operators invest heavily in 5G infrastructure, there is an increasing demand for advanced components that can support higher data speeds and improved connectivity. This technological shift necessitates the production of specialized components, such as advanced chipsets and antennas, which presents a lucrative opportunity for manufacturers. The market is likely to see a surge in investments aimed at developing 5G-compatible components, thereby enhancing the overall manufacturing landscape. Analysts predict that the 5G transition could lead to a market growth rate of around 20% in the coming years, underscoring the importance of this technological advancement.

Increasing Smartphone Penetration

The Indian Mobile Components Manufacturing and Assembly Market is witnessing a remarkable increase in smartphone penetration, which is driving demand for mobile components. With over 800 million smartphone users in India as of October 2025, the need for high-quality components is more pronounced than ever. This growing consumer base is pushing manufacturers to scale up production capabilities to meet the rising demand. Additionally, the trend towards affordable smartphones has led to a diversification of component requirements, prompting manufacturers to innovate and adapt. The market is expected to expand significantly as more consumers transition to smartphones, creating a robust ecosystem for mobile component manufacturing.

Rising Consumer Electronics Demand

The Indian Mobile Components Manufacturing and Assembly Market is benefiting from the broader trend of increasing consumer electronics demand. As consumers seek more integrated and feature-rich devices, the need for high-quality mobile components has escalated. This trend is not limited to smartphones; it extends to tablets, wearables, and other smart devices, creating a diverse market for component manufacturers. The overall consumer electronics market in India is projected to reach USD 400 billion by 2025, which will inevitably drive demand for mobile components. Manufacturers are thus encouraged to innovate and expand their product offerings to cater to this growing market, ensuring they remain competitive in an evolving landscape.

Government Initiatives and Policies

The Indian Mobile Components Manufacturing and Assembly Market is currently experiencing a surge in growth due to various government initiatives aimed at boosting domestic manufacturing. Programs such as the Production-Linked Incentive (PLI) scheme are designed to incentivize local production of mobile components, thereby reducing dependency on imports. The government has allocated substantial financial resources to support this initiative, which is expected to attract significant investments. As a result, the market is projected to grow at a compound annual growth rate (CAGR) of approximately 15% over the next five years. This favorable policy environment not only enhances the competitiveness of local manufacturers but also encourages foreign companies to establish production facilities in India, further strengthening the industry.

Focus on Sustainability and Eco-Friendly Practices

The Indian Mobile Components Manufacturing and Assembly Market is increasingly focusing on sustainability and eco-friendly practices. As environmental concerns gain prominence, manufacturers are adopting greener production methods and materials to reduce their carbon footprint. This shift is not only driven by regulatory pressures but also by consumer preferences for sustainable products. Companies that prioritize eco-friendly practices are likely to gain a competitive edge in the market. The adoption of sustainable practices may lead to increased operational efficiencies and cost savings, further enhancing profitability. As the industry evolves, the integration of sustainability into manufacturing processes is expected to become a key differentiator for companies operating in the mobile components sector.

Market Segment Insights

By Component Type: Camera Modules (Largest) vs. Semiconductors (Fastest-Growing)

In the Indian Mobile Components Manufacturing and Assembly Market, the distribution of market share among component types reveals that camera modules hold the largest share, driven by consumer demand for high-quality imaging in smartphones. Following closely are circuit boards and display panels, essential for device functionality and user experience respectively. Batteries and connectors also contribute significantly, supporting the core operations of mobile devices, while semiconductors, although currently smaller in share, are rapidly gaining traction due to the increasing emphasis on smart features in mobiles. The growth trends in this segment are predominantly influenced by technological advancements and shifting consumer preferences. With the rise of mobile photography and gaming, camera modules have seen consistent demand, while semiconductors are on a growth trajectory, propelled by advancements in artificial intelligence and IoT integration. The push for better battery life and faster connectivity has also spurred innovation in batteries and connectors, positioning them as crucial players in this competitive landscape.

Camera Modules (Dominant) vs. Semiconductors (Emerging)

Camera modules stand out as a dominant feature in the Indian mobile manufacturing landscape, characterized by their critical role in enhancing the photographic capabilities of smartphones. As social media and content sharing rise, consumers increasingly prioritize camera quality, pushing manufacturers to innovate. On the other hand, semiconductors are emerging as a vital component, providing the necessary processing power for smart functionalities such as AI and augmented reality. Their rapid development is fueled by demand for advanced computing capabilities in mobile devices, indicating a promising future. While camera modules currently lead in market share, the steady growth of semiconductors suggests they will play a crucial role moving forward, positioning manufacturers for a future where advanced features become standard.

By Application: Smartphones (Largest) vs. Wearable Devices (Fastest-Growing)

In the Indian Mobile Components Manufacturing and Assembly Market, the application segment is predominantly led by smartphones, which capture the largest market share due to the increasing penetration of mobile technology and 4G networks. Feature phones follow, appealing to cost-conscious consumers, while tablets and laptops hold smaller shares but are crucial in education and remote work. Wearable devices, though currently a smaller segment, are rapidly gaining traction among health-conscious consumers, contributing significantly to the market's dynamics.

Smartphones (Dominant) vs. Wearable Devices (Emerging)

Smartphones remain the dominant application in the Indian mobile components sector, characterized by their advanced technological features and widespread adoption among consumers of all age groups. With the increasing demand for high-performance components, manufacturers are focusing on innovations such as 5G technology and enhanced camera capabilities. Conversely, wearable devices are emerging rapidly, driven by a growing health awareness and fitness trends. These products, including smartwatches and fitness bands, are appealing to a younger audience seeking convenience and connectivity. The rise in health monitoring applications, combined with advancements in sensor technology, positions wearable devices as a key growth area in the market.

By Business Model: OEMs (Largest) vs. ODMs (Fastest-Growing)

In the Indian Mobile Components Manufacturing and Assembly Market, Original Equipment Manufacturers (OEMs) command the bulk of the market share, dominating the landscape due to their established reputation and extensive distribution networks. They primarily focus on high-quality production and have long-term partnerships with major telecommunications and electronics firms. On the other hand, Original Design Manufacturers (ODMs) are rapidly gaining ground, leveraging their innovative design capabilities to attract new clients, which is reflected in their growing share within the segment.

OEMs (Dominant) vs. ODMs (Emerging)

Original Equipment Manufacturers (OEMs) are the leaders in the Indian mobile components space, distinguished by their strong brand recognition and robust production capabilities. They often engage in designing and manufacturing mobile components for renowned brands, focusing on quality and reliability. Conversely, Original Design Manufacturers (ODMs) are seen as the emerging players in this market, offering unique designs and flexibility that cater to the unique preferences of various brands. They primarily serve as a bridge between component suppliers and brands, fostering innovation while often operating under tight cost constraints. This positioning enables ODMs to adapt to market trends swiftly, making them an attractive option for many companies looking to innovate.

By Level of Integration: Surface Mount Technology (Largest) vs. Ball Grid Array (Fastest-Growing)

In the Indian Mobile Components Manufacturing and Assembly Market, Surface Mount Technology (SMT) dominates the level of integration segment, capturing a significant portion of market share due to its widespread application in compact electronic devices. This technology allows for higher component density and improved performance, making it the preferred choice for many manufacturers. Through-Hole Technology (THT), while still relevant for particular applications, holds a smaller share as the industry shifts towards more advanced integration methods. The growth trends in this segment are largely driven by the increasing demand for smartphones and IoT devices, propelling SMT as a robust option for manufacturers focused on efficiency and miniaturization. Conversely, Ball Grid Array (BGA) technology is emerging as the fastest-growing segment, fueled by the need for advanced packaging solutions that facilitate higher performance functionalities in mobile components. These trends are reshaping the competitive landscape, prompting manufacturers to invest in innovative integration technologies.

Surface Mount Technology (Dominant) vs. Ball Grid Array (Emerging)

Surface Mount Technology (SMT) is characterized by its ability to enable compact assemblies, which is vital for today's slim mobile devices. It offers advantages such as reduced soldering time and lower production costs, making it a popular choice among manufacturers in India. On the other hand, Ball Grid Array (BGA) is rapidly gaining traction due to its efficiency in heat dissipation and superior electrical performance, qualities that are becoming increasingly important for high-performance mobile applications. While SMT currently holds a dominant position in the market, BGA's emerging role reflects a shift towards more advanced manufacturing techniques that accommodate current technological demands.

Get more detailed insights about Indian Mobile Components Manufacturing Assembly Market

Regional Insights

North America : Innovation and Technology Hub

North America is witnessing robust growth in the mobile components manufacturing sector, driven by technological advancements and increasing consumer demand for smartphones. The region holds approximately 25% of the global market share, with the United States being the largest market, followed by Canada at around 15%. Regulatory support for innovation and investment in R&D are key catalysts for this growth. The competitive landscape is characterized by the presence of major players like Apple and Qualcomm, alongside significant contributions from companies such as Samsung and Foxconn. The U.S. market is particularly focused on high-end mobile components, while Canada is emerging as a hub for software and application development. This dynamic environment fosters collaboration between manufacturers and tech firms, enhancing the overall market potential.

Europe : Diverse Market with Growth Potential

Europe is experiencing a shift in the mobile components manufacturing landscape, with a focus on sustainability and innovation. The region accounts for approximately 20% of the global market share, with Germany and France leading the charge. Regulatory frameworks promoting green technology and digital transformation are significant growth drivers, encouraging investments in local manufacturing capabilities. Key players in Europe include Nokia and various local manufacturers, which are increasingly collaborating with Asian firms to enhance their product offerings. The competitive landscape is evolving, with a growing emphasis on eco-friendly materials and processes. This trend is expected to attract more investments and partnerships, positioning Europe as a significant player in The Indian Mobile Components Manufacturing and Assembly.

Asia-Pacific : Manufacturing Powerhouse of the World

Asia-Pacific is the leading region in the mobile components manufacturing market, holding approximately 50% of the global market share. Countries like China and India are at the forefront, driven by a combination of low labor costs, a large consumer base, and government initiatives to boost local manufacturing. The region's growth is further supported by increasing smartphone penetration and demand for advanced mobile technologies. China remains the largest player, with significant contributions from companies like Xiaomi and Oppo, while India is rapidly emerging as a manufacturing hub with local firms like Lava and Micromax gaining traction. The competitive landscape is marked by collaborations between local and international players, enhancing innovation and production capabilities. This dynamic environment positions Asia-Pacific as a critical player in The Indian Mobile Components Manufacturing and Assembly.

Middle East and Africa : Emerging Market with Opportunities

The Middle East and Africa region is gradually emerging in the mobile components manufacturing market, holding around 5% of the global market share. Countries like South Africa and the UAE are leading this growth, driven by increasing smartphone adoption and government initiatives to promote local manufacturing. Regulatory support aimed at enhancing technological capabilities is a key driver for this sector's development. The competitive landscape is characterized by a mix of local and international players, with companies exploring partnerships to enhance their market presence. The region's unique demographic trends and increasing urbanization are expected to further fuel demand for mobile components, creating opportunities for growth and investment in the coming years. This evolving market landscape presents a promising outlook for stakeholders in the mobile components sector.

Indian Mobile Components Manufacturing Assembly Market Regional Image

Key Players and Competitive Insights

Major players in the Indian Mobile Components Manufacturing and Assembly Market industry are catering to the growing demand for smartphones and other mobile devices in the country. Leading Indian Mobile Components Manufacturing and Assembly Market players are investing heavily in research and development to stay ahead of the competition. The Indian Mobile Components Manufacturing and Assembly Market is expected to witness significant growth in the coming years, driven by factors such as increasing smartphone penetration, rising disposable incomes, and government initiatives to promote domestic manufacturing.Samsung is a leading player in the Indian Mobile Components Manufacturing and Assembly Market.

The company has a strong presence in the country, with manufacturing facilities in Noida and Sriperumbudur. Samsung produces a wide range of mobile components, including displays, batteries, and semiconductors. The company's strong brand recognition and wide distribution network give it a competitive edge in the market.Foxconn is another major player in the Indian Mobile Components Manufacturing and Assembly Market. The company has a manufacturing facility in Chennai, where it produces a variety of mobile components, including PCBs, connectors, and cables.

Foxconn is a major supplier to Apple, and its strong relationship with the tech giant gives it a competitive advantage in the market.

Key Companies in the Indian Mobile Components Manufacturing Assembly Market market include

Industry Developments

The Indian Mobile Components Manufacturing and Assembly Market is projected to grow from USD 23.97 billion in 2023 to USD 217.21 billion by 2032, exhibiting a CAGR of 27.75% during the forecast period. This growth is attributed to the increasing demand for smartphones and other mobile devices, coupled with the government's initiatives to promote domestic manufacturing. Key players in the market are investing in research and development to introduce innovative products and enhance production capacity. Recent developments include the establishment of new manufacturing units and partnerships between domestic and international companies.

The market is witnessing a shift towards higher-end components and modules, driven by the rising adoption of 5G technology and advanced features in mobile devices.

Future Outlook

Indian Mobile Components Manufacturing Assembly Market Future Outlook

The Indian Mobile Components Manufacturing and Assembly Market is poised for growth at 27.75% CAGR from 2024 to 2035, driven by technological advancements, increasing demand, and government initiatives.

New opportunities lie in:

  • Investment in automated assembly lines to enhance production efficiency.
  • Development of eco-friendly materials for sustainable component manufacturing.
  • Expansion into emerging markets through strategic partnerships and local assembly units.

By 2035, the market is expected to solidify its position as a global leader in mobile components.

Market Segmentation

Indian Mobile Components Manufacturing Assembly Market Application Outlook

  • Smartphones
  • Feature Phones
  • Tablets
  • Laptops
  • Wearable Devices

Indian Mobile Components Manufacturing Assembly Market Business Model Outlook

  • Original Equipment Manufacturers (OEMs)
  • Original Design Manufacturers (ODMs)
  • Contract Manufacturers (CMs)

Indian Mobile Components Manufacturing Assembly Market Component Type Outlook

  • Camera Modules
  • Circuit Boards
  • Display Panels
  • Batteries
  • Connectors
  • Semiconductors

Indian Mobile Components Manufacturing Assembly Market Level of Integration Outlook

  • Surface Mount Technology (SMT)
  • Through-Hole Technology (THT)
  • Ball Grid Array (BGA)

Report Scope

MARKET SIZE 2024 39.11(USD Billion)
MARKET SIZE 2025 49.97(USD Billion)
MARKET SIZE 2035 578.6(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 27.75% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Billion
Key Companies Profiled Market analysis in progress
Segments Covered Market segmentation analysis in progress
Key Market Opportunities Growing demand for 5G components presents opportunities in the Indian Mobile Components Manufacturing and Assembly Market.
Key Market Dynamics Rising demand for localized production drives innovation and competition in India's mobile components manufacturing and assembly sector.
Countries Covered North America, Europe, APAC, South America, MEA

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FAQs

What is the current valuation of the Indian Mobile Components Manufacturing and Assembly Market?

The market valuation was 39.11 USD Billion in 2024.

What is the projected market size for the Indian Mobile Components Manufacturing and Assembly Market by 2035?

The market is projected to reach 578.6 USD Billion by 2035.

What is the expected CAGR for the Indian Mobile Components Manufacturing and Assembly Market during 2025 - 2035?

The expected CAGR for the market during this period is 27.75%.

Which companies are the key players in the Indian Mobile Components Manufacturing and Assembly Market?

Key players include Samsung Electronics, Foxconn Technology Group, Wistron Corporation, Vivo, Xiaomi, Lava International, Micromax, Oppo, and Nokia.

What are the major segments of the Indian Mobile Components Manufacturing and Assembly Market?

Major segments include Component Type, Application, Business Model, and Level of Integration.

What was the valuation of Camera Modules in the Indian Mobile Components Manufacturing and Assembly Market in 2024?

The valuation of Camera Modules was 5.0 USD Billion in 2024.

How much is the Display Panels segment expected to grow by 2035?

The Display Panels segment is projected to grow from 10.0 USD Billion in 2024 to 150.0 USD Billion by 2035.

What is the market size for smartphones in the Indian Mobile Components Manufacturing and Assembly Market?

The market size for smartphones was 20.0 USD Billion in 2024 and is expected to reach 300.0 USD Billion by 2035.

What is the projected valuation for Original Equipment Manufacturers (OEMs) by 2035?

The projected valuation for OEMs is expected to rise from 15.0 USD Billion in 2024 to 230.0 USD Billion by 2035.

What are the different levels of integration in the Indian Mobile Components Manufacturing and Assembly Market?

The levels of integration include Surface Mount Technology, Through-Hole Technology, and Ball Grid Array.

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