India Military EO/IR Market

The report "India Military EO/IR Market by Product Type (Handheld Systems, EO/IR Payloads), Cooling Technology (Cooled, Uncooled), Imaging Technology (Multispectral, Hyperspectral), Platform, Component, Sensing Technology, and Point of Sale - Forecast to 2030" is projected to grow from USD 1.19 billion in 2026 to USD 1.78 billion in 2030 at a CAGR of 10.4%.

Browse 251 market data Tables and 108 Figures spread through 481 Pages and in-depth TOC on "India Military EO/IR Market By Product Type (Handheld Systems, EO/IR Payloads), Cooling Technology (Cooled, Uncooled), Imaging Technology (Multispectral, Hyperspectral), Platform, Component, Sensing Technology, and Point of Sale - Forecast to 2030"
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The market is growing due to increased demand for night operations, border surveillance, and target detection across land, air, and naval forces. Ongoing upgrades of soldiers, vehicles, aircraft, UAVs and ships are also increasing the need for EO/IR systems.

The India military EO/IR market is driven by the need for better night visibility, border surveillance, and target detection across the Army, Air Force, and Navy. It is also supported by ongoing upgrades of vehicles, aircraft, UAVs, and naval platforms, along with higher defence spending on modernization.

By point of sale, the OEM segment is expected to account for a prominent market share throughout the forecast period.

OEM is projected to capture the largest market share because EO/IR systems are increasingly being installed during the production of new aircraft, UAVs, combat vehicles, naval ships, and space systems. India is expanding these platforms under modernization programs, which increases direct integration of sensors, payloads, and optics at the manufacturing stage rather than adding them later through upgrades or replacements.

By sensing technology, the staring segment is projected to register the highest CAGR during the forecast period.

Staring systems are projected to register the highest CAGR in the India military EO/IR market because they provide continuous wide-area monitoring and fast target detection without mechanical movement. India is increasing the use of UAVs, aircraft, counter-drone systems, and space-based surveillance, where constant imaging is required. This is raising demand for staring sensors in border surveillance, air defense, and ISR operations across different platforms.

Elbit Systems Ltd (Israel), RAFAEL Advanced Defense Systems Ltd (Israel), Safran(France), Teledyne Technologies Incorporated (US), and L3Harris Technologies, Inc (US) are the major players in the India military EO/IR market.

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