India Military Electro Optics Infrared (EOIR) Systems Market by Product Type, Platform, Cooling Technology, Imaging Technology, Components, Sensor Technology, Point of Sale - Global Forecast to 2030
Report Code: UC-AS 6932 Jan, 2026, by marketsandmarkets.com
Global Context & Growth Outlook
Key growth drivers include rising global defense spending, increasing need for ISR (intelligence, surveillance, reconnaissance), night-vision capabilities, and precision targeting across domains (airborne, land, naval) .
India-Focused Insights
Market Drivers & Challenges
- India’s EO/IR market is strongly propelled by border tensions, modernization of surveillance and targeting systems, and the push toward precision-guided munitions
- Key challenges include engineering for diverse terrain and weather, integration delays (e.g. from COVID-19), and cybersecurity risks .
Market Players
- Domestic manufacturers—BEL (Bharat Electronics Limited), DRDO, and L&T—are leading the charge, supplying EO/IR sensors and systems tailored to Indian military needs
Segmentation Breakdown
While specific India market figures aren't public, global segmentation suggests similar trends apply in India:
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By Product Type:
- Image Intensification, Infrared, Laser systems—all critical for night vision, target acquisition, and distance measurement
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By Platform:
- Airborne (manned/unmanned aircraft) likely dominates.
- Land-based (tanks, vehicles) and Naval (ships, coastal surveillance) use is expanding
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By Cooling Technology:
- Both cooled and uncooled infrared systems are considered; cooled versions offer high performance but at greater complexity and cost
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By Imaging Technology & Sensor:
- Categorized into scanning, staring, multispectral, and hyperspectral sensor modes.
- Globally, airborne hyperspectral and staring sensors are seeing the fastest adoption
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By Components:
- Core elements include detector arrays, optics (lenses, IR windows), laser range finders, embedded electronics, and cooling units .
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By Point of Integration/Sale:
- Systems are sold through OEM integration, government-to-government contracts, and licensing via local defense PSUs—with India increasingly favoring Make-in-India initiatives.
Forecast to 2030
- India is expected to see steady growth in the defense EO/IR segment, tracking global CAGR trends (~4–6%) through 2030.
- Growth will center on indigenously developed systems, expansion in unmanned platforms, and upgrades to land/naval EO/IR capabilities.
Key Takeaways
- Strategic Importance: EO/IR systems are vital for enhancing India’s defense surveillance, targeting, and situational awareness.
- Domestic Momentum: Government-backed R&D and manufacturing (BEL, DRDO, L&T) bolster indigenous capabilities.
- Segmentation Parallels: India’s market mirrors global trends—covering various product types, cooling methods, platforms, and sensor technologies.
- Challenges Ahead: Engineering for diverse conditions and integrating advanced EO/IR in the field remain complex.
- Future Upgrades: Focus areas include EO/IR for UAVs, cooled sensor systems, and multispectral imaging.
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TABLE OF CONTENTS
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 MARKETS SCOPE
1.3.1 MARKETS COVERED
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY & PRICING
1.5 INCLUSIONS & EXCLUSIONS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.2 MARKET SIZE ESTIMATION
2.3 RESEARCH APPROACH & METHODOLOGY
2.4 TRIANGULATION & VALIDATION
2.5 RESEARCH ASSUMPTIONS
2.6 LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.2 RESTRAINTS
5.2.3 OPPORTUNITIES
5.2.4 CHALLENGES
5.3 OPERATIONAL DATA
5.4 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.5 ECOSYSTEM ANALYSIS
5.5.1 PROMINENT COMPANIES
5.5.2 PRIVATE AND SMALL ENTERPRISES
5.5.3 END USERS
5.6 VALUE CHAIN ANALYSIS
5.7 PRICING ANALYSIS
5.8 CASE STUDY ANALYSIS
5.9 TRADE ANALYSIS
5.1 KEY CONFERENCES AND EVENTS, 2025–2026
5.11 TARIFF AND REGULATORY LANDSCAPE
5.11.1 TARIFF RELATED TO MILITARY DISPLAYS
5.11.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.12 KEY STAKEHOLDERS AND BUYING CRITERIA
5.12.1 KEY STAKEHOLDERS IN THE BUYING PROCESS
5.12.2 BUYING CRITERIA
5.13 TECHNOLOGY ANALYSIS
5.13.1 KEY TECHNOLOGY
5.13.2 COMPLIMENTARY TECHNOLOGY
5.13.3 ADJACENT TECHNOLOGY
5.14 INVESTMENT AND FUNDING SCENARIO
5.14 LIST OF DEFENSE PROGRAMS
5.15 BUSINESS MODELS OF THE TOP 5 PLAYERS
5.16 TOTAL COST OF OWNERSHIP
6.2.1 INDIA
6.2.2 MALAYSIA
6.2.2 SINGAPORE
6.2.2 THE PHILIPPINES
6.2.2 INDONESIA
5.16 LIST OF EXPORT POTENTIAL COUNTRIES AND THEIR ANALYSIS (QUALITATIVE)
6.2.2 MALAYSIA
6.2.2 SINGAPORE
6.2.2 THE PHILIPPINES
6.2.2 INDONESIA
6 INDIA MILITARY ELECTRO-OPTICS INFRARED (EOIR) SYSTEMS MARKET, BY PRODUCT TYPE
6.1 INTRODUCTION
6.2 HANDHELD SYSTEMS
6.2.1 DESIGNATORS
6.2.2 RANGEFINDERS
6.2.3 HANDHELD THERMAL IMAGERS
6.2.4 WEAPON SCOPES & SIGHTS
6.3 EO/IRPAYLOADS
6.3.1 COMBAT VEHICLE EO/IR
6.3.2.1 TARGETING AND FIRE CONTROL SYSTEMS (FCS)
6.3.2.2 360-DEGREE SITUATIONAL AWARENESS SYSTEMS
6.3.2.3 LASER RANGE FINDERS (LRF)
6.3.2.4 INFRARED SEARCH AND TRACK (IRST) SYSTEMS
6.3.2.5 NIGHT VISION SYSTEMS (NVS)
6.3.2.6 OTHERS
*(Product considered as part of the scope and not for market sizing: Thermosight R-series, Wescam MX-10, Raven 100, Striker, HitfactT-2000, etc.) 6.3.2 AIRBORNE EO/IR
6.3.2.1 TARGETING PODS
6.3.2.2 INFRARED SEARCH AND TRACK (IRST) SYSTEMS
6.3.2.3 ELECTRO-OPTICAL (EO) SURVEILLANCE SYSTEMS
6.3.2.4 SYNTHETIC APERTURE RADAR (SAR) AND EO/IR FUSION SYSTEMS
6.3.2.5 MISSILE GUIDANCE SYSTEMS (INFRARED AND EO)
6.3.2.6 SOTHERS
*(Product considered as part of the scope and not for market sizing: Star SAFIRE® 380-HLD, Wescam MX™-15D, Osprey 30, AN/AAQ-33 Sniper XR, LANTIRN, TADS/PNVS and others)
6.3.3 SPACE EO/IR
6.3.2.1 EARTH OBSERVATION
6.3.2.2 SPACE-BASED LIDAR
6.3.2.3 SPACE-BASED INFRARED SYSTEMS (SBIRS)
6.3.2.4 SPACE SURVEILLANCE AND TRACKING
6.3.2.5 OTHERS
*(Products models considered as part of the scope and not for market sizing: SBIRS, Advanced Warning and Control System (AWACS), TerraSAR-X , Radarsat-2)
7 INDIA MILITARY ELECTRO-OPTICS INFRARED (EOIR) SYSTEMS MARKET, BY PLATFORM
7.1 INTRODUCTION
7.2 LAND
7.2.1 VEHICLE-MOUNTED
7.2.1.1 COMBAT VEHICLES
7.2.1.1.1 MBT
7.2.1.1.2 IFV
7.2.1.1.3 APC
7.2.1.1.4 MRAP
7.2.1.1.5 OTHERS
7.2.1.2 UNMANNED GROUND VEHICLES
7.2.2 DISMOUNTED SOLDIERS
7.3 AIRBORNE
7.3.1 MILITARY AIRCRAFT
7.3.1.1 FIGHTER AIRCRAFT
7.3.1.2 TRANSPORT AIRCRAFT
7.3.1.3 SPECIAL MISSION AIRCRAFT
7.3.1 ATTACK HELICOPTERS
6.3.1 UNMANNED AERIAL VEHICLES (UAV)
7.4 NAVAL
7.4.1 COMBAT SHIPS
7.4.1.1 DESTROYERS
7.4.1.2 FRIGATES
7.4.1.3 AIRCRAFT CARRIERS
7.4.1.4 OTHERS
7.4.2 UNMANNED SURFACE VEHICLES
7.4.3 SUBMARINE
7.4.4 OTHERS
7.5 SPACE
7.5.1 EARTH OBSERVATION SATELLITES
7.5.2 PLANETARY PROBES
7.5.3 SPACECRAFT DOCKING SYSTEMS
7.5.4 SPACE-BASED MISSION WARNING SYSTEMS
7.5.5 OTHERS
8 INDIA MILITARY ELECTRO-OPTICS INFRARED (EOIR) SYSTEMS MARKET, BY COOLING TECHNOLOGY
8.1 INTRODUCTION
8.2 COOLED
*(Products models considered as part of the scope and not for market sizing: SBIRS, Advanced Warning and Control System (AWACS), TerraSAR-X , Radarsat-2)
8.3 UNCOOLED
(Products models considered as part of the scope and not for market sizing: Scouit II,PicoSAR, Wescam Mx-10, Thermosight RS etc)
9 INDIA MILITARY ELECTRO-OPTICS INFRARED (EOIR) SYSTEMS MARKET, BY IMAGING TECHNOLOGY
9.1 INTRODUCTION
9.2 MULTISPECTRAL IMAGING
9.3 HYPERSPECTRAL IMAGING
10 INDIA MILITARY ELECTRO-OPTICS INFRARED (EOIR) SYSTEMS MARKET, BY COMPONENTS
10.1 INTRODUCTION
10.2 HUMAN MACHINE INTERFACE (HMI)
10.3 STABILIZATION UNITS
10.4 CONTROL SYSTEMS
10.5 SENSORS
10.6 OPTICS
10.7 PROCESSORS
10.7 OTHERS
11 INDIA MILITARY ELECTRO-OPTICS INFRARED (EOIR) SYSTEMS MARKET, BY SENSOR TECHNOLOGY
11.1 INTRODUCTION
11.2 STARING
11.3 SCANNING
12 INDIA MILITARY ELECTRO-OPTICS INFRARED (EOIR) SYSTEMS MARKET, BY POINT OF SALE
12.1 INTRODUCTION
12.2 OEM
12.3 AFTERMARKET
13 COMPETITIVE LANDSCAPE
13.1 INTRODUCTION
13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
13.3 MARKET SHARE ANALYSIS OF LEADING PLAYERS, 2023
13.4 REVENUE ANALYSIS 2020–2023
13.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
13.5.1 STARS
13.5.2 EMERGING LEADERS
13.5.3 PERVASIVE PLAYERS
13.5.4 PARTICIPANTS
13.5.6 COMPANY FOOTPRINT, KEY PLAYERS, 2024
13.5.6.1 COMPANY FOOTPRINT
13.5.6.2 REGION FOOTPRINT
13.5.6.3 APPLICATION FOOTPRINT
13.5.6.4 PLATFORM FOOTPRINT
13.5.6.5 SOLUTION FOOTPRINT
13.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
13.6.1 PROGRESSIVE COMPANIES
13.6.2 RESPONSIVE COMPANIES
13.6.3 DYNAMIC COMPANIES
13.6.4 STARTING BLOCKS
13.6.5 COMPETITIVE BENCHMARKING
13.6.5.1 DETAILED LIST OF KEY STARTUPS/SMES
13.6.5.2 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
14 COMPANY PROFILE
14.1 KEY PLAYERS
14.1.1 BHARAT ELECTRONICS
14.1.2 DRDO
14.1.3 L&T
14.1.4 TATA ADVANCED SYSTEMS LTD. (TASL) AND LOCKHEED MARTIN
14.1.5 VEM TECHNOLOGIES
14.1.6 MEMORY ELECTRONICS PVT LTD
14.1.7 NANOTECH SCIENTIFIC INSTRUMENTS
14.1.8 CORNING AS
14.1.9 OPTICA SYSTEMS PVT LTD
14.1.10 SAAB INDIA TECHNOLOGIES PVT. LTD.
14.1.11 MBDA INDIA
14.1.12 OTHERS
*Details on Business Overview, Valuation, Investments, shareholding details, no. of employees, revenue, Products Offered, Recent Developments, MnM View will be captured on best effort basis companies.
** Only few key players are mentioned above, however top 15 key players will be profiled during research study
*** The above tentative TOC is based on preliminary secondary data and could improve based on primary data during research study
**** All segments above will be further assessed & considered to be a part of market breakdown. The breakdown of segments will be finalized during research.
15 APPENDIX
15.1 DISCUSSION GUIDE
15.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.3 CUSTOMIZATION OPTIONS
15.4 RELATED REPORTS
15.5 AUTHOR DETAILS
Request for detailed methodology, assumptions & how numbers were triangulated.
Growth opportunities and latent adjacency in India Military Electro Optics Infrared (EOIR) Systems Market