The irradiation of nanomaterials with energetic particles has significant effects on the properties of target materials. In addition to the well-known detrimental effects of irradiations, they have also some beneficial effects on the properties of nanomaterials. Irradiation effect can change the morphology of the materials in a controlled manner and tailor their mechanical, structural, optical and electrical properties. Irradiation induced modifications in the properties of nanomaterials can be exploited for many useful applications. With the aim of getting better performance of electronic devices, it is necessary to discuss the irradiation induced changes in the nanomaterials. In order to improve the irradiation hardness of electronic components, it is also crucial to have a fundamental understanding of the impact of the irradiation on the defect states and transport properties of the host material. In the present article, we review some recent advances on the irradiation induced effects on the properties of semiconducting nanomaterials. We have reviewed the effect of different types of irradiations which includes γ-irradiation, electron beam irradiation, laser irradiation, swift heavy ion irradiations, thermal induced, and optical induced irradiations, etc. on the various properties of semiconducting nanomaterials. In addition, the irradiation induced defects are also discussed.