| Product Code: ETC4554745 | Publication Date: Jul 2023 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India target acquisition systems market import shipments experienced remarkable growth with a notable CAGR from 2020 to 2024. The momentum significantly accelerated between 2023 and 2024, showcasing an exponential surge in market expansion. The trend indicates a robust and rapidly evolving market landscape during the period.
Target acquisition systems are essential for identifying and tracking potential threats or targets in the battlefield. The India target acquisition systems market is dedicated to providing cutting-edge technologies, including sensors and radars, to improve target identification and tracking, enhancing the precision of military operations.
The India Target Acquisition Systems market is primarily driven by the modernization efforts of the India Armed Forces. With evolving threats and increasing border tensions, there is a growing need for accurate and efficient target acquisition capabilities. The integration of advanced technologies, such as electro-optical systems, radar, and artificial intelligence, is a key driver. Additionally, the desire to reduce collateral damage and enhance precision strikes is promoting the adoption of cutting-edge target acquisition systems. India focus on self-reliance in defense manufacturing and its `Make in India` initiative also encourage the development and procurement of indigenous target acquisition systems.
Challenges in the target acquisition systems market involve enhancing the precision and range of such systems, ensuring they can effectively identify and track multiple targets in dynamic battlefield scenarios.
COVID-19 disruptions have affected the procurement and development of target acquisition systems. These systems are essential for accurate targeting and have remained a priority in the India defense modernization efforts.
Ammunition handling systems are vital for efficient and safe handling of ammunition in military applications. Key players in this market include companies like L&T Technology Services, Bharat Electronics Limited (BEL), and Tata Advanced Systems. These companies are instrumental in providing advanced ammunition handling solutions for India defense forces, ensuring the safe and effective management of ammunition.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Target Acquisition Systems Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Target Acquisition Systems Market Revenues & Volume, 2021 & 2031F |
3.3 India Target Acquisition Systems Market - Industry Life Cycle |
3.4 India Target Acquisition Systems Market - Porter's Five Forces |
3.5 India Target Acquisition Systems Market Revenues & Volume Share, By Subsystem, 2021 & 2031F |
3.6 India Target Acquisition Systems Market Revenues & Volume Share, By Platform, 2021 & 2031F |
3.7 India Target Acquisition Systems Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 India Target Acquisition Systems Market Revenues & Volume Share, By Range, 2021 & 2031F |
4 India Target Acquisition Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing defense budget allocation by the Indian government |
4.2.2 Growing focus on modernizing the armed forces |
4.2.3 Rising threats and security challenges in the region |
4.3 Market Restraints |
4.3.1 Regulatory hurdles in defense procurement processes |
4.3.2 Technological complexities and high initial investment costs |
4.3.3 Limited domestic manufacturing capabilities for advanced target acquisition systems |
5 India Target Acquisition Systems Market Trends |
6 India Target Acquisition Systems Market, By Types |
6.1 India Target Acquisition Systems Market, By Subsystem |
6.1.1 Overview and Analysis |
6.1.2 India Target Acquisition Systems Market Revenues & Volume, By Subsystem, 2021-2031F |
6.1.3 India Target Acquisition Systems Market Revenues & Volume, By Cameras, 2021-2031F |
6.1.4 India Target Acquisition Systems Market Revenues & Volume, By Scopes & Sights, 2021-2031F |
6.1.5 India Target Acquisition Systems Market Revenues & Volume, By Detecting & Locating Systems, 2021-2031F |
6.1.6 India Target Acquisition Systems Market Revenues & Volume, By Modules, 2021-2031F |
6.2 India Target Acquisition Systems Market, By Platform |
6.2.1 Overview and Analysis |
6.2.2 India Target Acquisition Systems Market Revenues & Volume, By Land, 2021-2031F |
6.2.3 India Target Acquisition Systems Market Revenues & Volume, By Airborne, 2021-2031F |
6.2.4 India Target Acquisition Systems Market Revenues & Volume, By Naval, 2021-2031F |
6.3 India Target Acquisition Systems Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 India Target Acquisition Systems Market Revenues & Volume, By Military, 2021-2031F |
6.3.3 India Target Acquisition Systems Market Revenues & Volume, By Homeland Security, 2021-2031F |
6.4 India Target Acquisition Systems Market, By Range |
6.4.1 Overview and Analysis |
6.4.2 India Target Acquisition Systems Market Revenues & Volume, By Short Range (0??8 km), 2021-2031F |
6.4.3 India Target Acquisition Systems Market Revenues & Volume, By Medium Range (8??250 km), 2021-2031F |
6.4.4 India Target Acquisition Systems Market Revenues & Volume, By Long Range (Above 250 km), 2021-2031F |
7 India Target Acquisition Systems Market Import-Export Trade Statistics |
7.1 India Target Acquisition Systems Market Export to Major Countries |
7.2 India Target Acquisition Systems Market Imports from Major Countries |
8 India Target Acquisition Systems Market Key Performance Indicators |
8.1 Research and development investment in target acquisition technologies |
8.2 Number of successful field tests and trials of target acquisition systems |
8.3 Adoption rate of target acquisition systems by the Indian armed forces |
9 India Target Acquisition Systems Market - Opportunity Assessment |
9.1 India Target Acquisition Systems Market Opportunity Assessment, By Subsystem, 2021 & 2031F |
9.2 India Target Acquisition Systems Market Opportunity Assessment, By Platform, 2021 & 2031F |
9.3 India Target Acquisition Systems Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 India Target Acquisition Systems Market Opportunity Assessment, By Range, 2021 & 2031F |
10 India Target Acquisition Systems Market - Competitive Landscape |
10.1 India Target Acquisition Systems Market Revenue Share, By Companies, 2024 |
10.2 India Target Acquisition Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |