India Military EO/IR Market

The India military EO/IR market is projected to grow from USD 1.19 billion in 2026 to USD 1.78 billion in 2030 at a CAGR of 10.4%. Growth in the India military EO/IR market is supported by the increasing use of electric propulsion across recreational, commercial, and patrol boats, driven by a growing focus on reducing fuel use and operating noise. Adoption is also increasing due to improvements in battery systems, hybrid power systems, and the need for smaller crewed and uncrewed vessels for ferry, fishing, and security operations.

Some major market players include  Elbit Systems Ltd (Israel), RAFAEL Advanced Defense Systems Ltd (Israel), Safran(France), Teledyne Technologies Incorporated (US), and L3Harris Technologies, Inc (US). Companies in the India military EO/IR market are using contracts, partnerships, product launches, platform integration and local manufacturing to support demand across soldier systems, combat vehicle sights, airborne payloads, naval sensors and ISR systems. These moves help suppliers serve different platforms and prepare for demand in night vision, targeting, surveillance, along with tracking and sensor upgrades. For India, this matters because EO/IR demand is rising across infantry, tanks, aircraft, UAVs, naval platforms and space-based surveillance.

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Elbit Systems Ltd is a defense technology company based in Israel. It designs, manufactures and maintains systems for military and security use. The company operates in multiple countries with staff and facilities in different regions. Its products are used in defense, public safety and infrastructure. It also provides support services for military systems. The company works in several areas, including air and space systems, land systems, naval systems, unmanned platforms, cyber technology and command-and-control systems. It also develops systems for internal security and some commercial uses such as communication and surveillance. Its products are used in both new and existing platforms in different countries. In the electro-optical and infrared (EO/IR) field, the company produces sensor payloads and targeting systems for air, land and sea platforms. These include stabilized mounts, laser rangefinders and infrared sensors. These systems are used for surveillance, detection and targeting. Products such as CoMPASS, DCoMPASS, Spectro XR and AMPS are used on drones, helicopters, vehicles and ships. They provide imaging, tracking and location data in different operating conditions.

Rafael Advanced Defense Systems Ltd is a state-owned defense company based in Israel. It designs, manufactures and maintains systems for military use across air, land, sea, space and digital areas. The company operates in different countries through subsidiaries and joint ventures and supports procurement and technology transfer. Its work is organized into six areas: air and missile defense, air and space systems, land systems, naval systems, intelligence, cyber, and multi-domain operations. These areas cover systems for interception, targeting, surveillance, communication, armored vehicles, maritime use, electronic warfare and secure communications. In electro-optical and infrared (EO/IR) systems, the company produces targeting and surveillance equipment for aircraft, drones and ground and naval platforms. Key products include the LITENING targeting pod, MIST-G, RECCELITE and MICROLITE, which provide imaging, tracking and data transmission for military operations. These systems are used for reconnaissance, targeting and surveillance. In India Rafael operates through a joint venture with the Kalyani Group known as Kalyani Rafael Advanced Systems Pvt Ltd in Hyderabad. This entity focuses on local manufacturing, system integration and supply of defense equipment in line with Indian procurement requirements.

Safran is a French company that develops and manufactures systems for the aviation, defense, and space sectors. It provides components and equipment for civil and military platforms and supports both new production and in-service systems. Its activities include aircraft engines, landing gear, avionics, electrical systems and interiors. In defense, it supplies navigation systems, optics, guidance equipment and support tools for land and naval forces. Its space work includes propulsion and components for launch vehicles and satellites. In electro-optical and infrared systems, Safran produces imaging and targeting equipment such as turrets, sights, viewers and thermal cameras, used on aircraft, vehicles and ships for observation and targeting. In India, Safran operates across several locations with about 2,600 employees. It supplies systems for platforms such as Rafale and Tejas, produces the Shakti helicopter engine with partners and provides telemetry and data systems through group companies.

Teledyne Technologies Incorporated provides infrared imaging and sensor systems for government and commercial use. It became part of Teledyne Technologies in 2021. The company supplies imaging modules, cameras and complete systems used in defense, industrial, transport and security applications. Its products are used on land, sea and air platforms, as well as in fixed installations. The EO/IR portfolio includes airborne gimbals, handheld thermal cameras, surveillance systems and sensor components. These are used for detection, navigation and monitoring in different conditions. In India, the company focuses on thermal imaging and sensor systems for security, public safety, industrial and transport sectors, supplying both government and private customers.

L3Harris Technologies, Inc is a US-based aerospace and defense company that provides systems and services to government and commercial customers in many countries. It operates through four divisions: Integrated Mission Systems, Space and Airborne Systems, Communication Systems and Aerojet Rocketdyne, covering radios, avionics, electronic warfare and propulsion. The company develops electro-optical and infrared systems used for surveillance, targeting and detection. Its WESCAM MX-Series sensors are used on air, land and sea platforms, and it also supplies payloads for space-based applications such as tracking and observation. In India, L3Harris operates in New Delhi and Bengaluru, supporting defense and security sectors and working with Kalyani Strategic Systems.

Market Ranking

The India military EO/IR market includes defense electronics companies and sensor suppliers working across land, air, naval, and space platforms. Elbit Systems Ltd, Rafael Advanced Defense Systems Ltd, Safran, Teledyne Technologies Incorporated and L3Harris Technologies, Inc have a presence with products such as handheld systems, airborne EO/IR payloads, combat vehicle sights, naval sensors and ISR systems. These companies compete based on product range, system integration, sensor performance, platform fit and their ability to meet demand across different military uses.

Related Reports:

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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