6wresearch logo

India's Night Vision Device Market Poised for Growth

July 26, 2016

Rising terrorist activities, border intrusion from Northern, Western and Eastern borders, civil unrest, increasing defense spending and growing localization of defense equipment have led for the growth of night vision devices (NVDs) in India. After the introduction of Government of India's "Make in India" campaign in 2014, the defense sector witnessed entry of various international players.

According to 6Wresearch, India's NVD market is forecast to reach $215 million by 2022. In 2016, Indian government eased FDI limit in defense sector from 49% to 100%, which is expected to significantly boost domestic manufacturing of various equipment including night vision devices in the coming years. Additionally, domestic companies are collaborating with foreign counterparts for manufacturing state of the art NVDs for Indian armed forces.

Army application accounted for highest deployment of NVDs followed by air force and navy application. NVDs are primarily used by infantry units, armored division, mechanized infantry vehicle, and army aviation corps.

Prijo Samuel, Assistant Manager, Research and Consulting, 6Wresearch, said, "In India, NVDs are widely deployed in border security & surveillance segments, especially in regions such as northern, western and north-eastern. Government has earmarked nearly $12.9 billion for tri-services in defense budget 2016-17, which in turn is expected to drive the purchase of next-generation NVDs."

According to Akash Shukla, Research Analyst, Research and Consulting, 6Wresearch, the Indian government is set to invest about $80-100 billion in the next five to seven years for modernizing armed forces with new defense equipment and to replace obsolete ones.

Also, the Indian army is gradually raising 17th Mountain Strike Corps for guarding North-Eastern frontiers, where 90 units have been raised out of 250 sanctioned. Rest of the units are anticipated to be raised by 2021, which would drive the demand for NVDs through the forecast period.

"Presently, fixed-mounted NVDs accounted for highest revenue share owing to several defense upgrade projects including modernization of combat aircraft with next-generation avionics and night vision systems," Akash concluded.

The key players in India's night vision device market include Bharat Electronics, Elbit Systems, and Thales.

Media Source: I Connect 007

      Browse More Report

Middle East Structured Cabling Market (2018-2024)

Market Forecast By Product Types (Cables and Components), By Cable Types (Copper Cables and Fiber Optics), By Component Types (Racks & Cabinets, Patch Panel & Cross Connects, Communication Outlets and Patch Cords & Cable Assemblies), By Applications...

Read More

Kuwait Air Compressor Market (2018-2024)

Market Forecast By Types (Portable and Stationary), By Lubrication Method (Oil-Injected and Oil Free), By Technology (Rotary (0-75kW, 76-160kW and Above 160kW), Centrifugal (0-500kW and Above 500kW), Reciprocating (0-10kW and Above 10kW)), By Applications...

Read More

Indonesia Diesel Genset Market (2018-2024)

Market Forecast By KVA Ratings (5-75 KVA, 75.1-375 KVA, 375.1-750 KVA, 750.1-1000 KVA and Above 1000 KVA), By Verticals (Commercial, Industrial, Residential and Public Infrastructure), By Applications (Standby and Continuous/Prime), By Regions...

Read More

Malaysia UPS Systems Market (2018-2024)

Market Forecast By KVA Ratings (Up to 1.1 kVA, 1.1 kVA - 5 kVA, 5.1 kVA - 20 kVA, 20.1 kVA - 50 kVA, 50.1 kVA - 200 kVA and Above 200 kVA), By Applications (Commercial (Offices, Healthcare, Hospitality, BFSI, Data Centres and Others including Retail, Government Buildings...

Read More

Vietnam UPS Systems Market (2018-2024)

Market Forecast By KVA Ratings (Up to 1.1 kVA, 1.1 kVA - 5 kVA, 5.1 kVA - 20 kVA, 20.1 kVA - 50 kVA, 50.1 kVA - 200 kVA and Above 200 kVA), By Applications (Commercial (Offices, Healthcare, Hospitality, BFSI, Data Centres and Others including Retail, Government Buildings...

Read More

Global Gas Genset Market (2018-2024)

Market Forecast By KVA Ratings (Upto 100 KVA, 100.1-375 KVA, 375.1-1000 KVA and Above 1000 KVA), By Applications ((Residential, Industrial including Manufacturing and Production, Commercial (Offices, Museum, Hospitality, Retail, Education and Data Center)...

Read More

Thailand Diesel Genset Market (2018-2024)

Market Forecast By kVA Rating (5kVA - 75kVA, 75.1kVA - 375kVA, 375.1kVA - 750kVA, 750.1kVA - 1000kVA and Above 1000kVA), By Applications (Residential, Hospitality, Commercial, Healthcare, Retail, Manufacturing, Oil & Gas and Power Utilities, Infrastructure...

Read More

India Video Surveillance Analytics Software Market (2018-2024)

Market Forecast By Macro Applications (Traffic Surveillance, Building Surveillance, City Surveillance and Business Intelligence), By Micro Applications (Perimeter Intrusion Detection, Pattern Recognition, Counting & Crowd Management, Automatic License Plate Recognition...

Read More

India Gas Genset Market (2018-2024)

Market Forecast By Rating (Up to 100 kVA, 100.1 kVA - 375 kVA, 375.1 kVA - 1,000 kVA and Above 1,000 kVA), By Verticals (Industrial, Commercial and Residential), By Applications (Standby Power, Primary Power and Peak Shaving), By Regions...

Read More

India Air Conditioner Market (2018-2024)

Market Forecast By Types (Window AC, Split AC, Floor Standing, Cassette AC, Packaged, Ducted / Ceiling Concealed, Centralized (Chiller, VRF/VRV and AHU/FCU)), By Applications (Residential, Commercial Buildings & Retail, Government & Transportation, Hospitality and Others...

Read More

Saudi Arabia Industrial Valves Market (2018-2024)

Market Forecast By Types (Gate, Globe, Check, Ball and Others), By Functionality (On/Off and Control), By Applications (Oil & gas, Water & Wastewater, Chemical & Petrochemical, Power & Utility, Construction and Others), By Regions (Eastern, Western, Central and Southern)...

Read More


Our Key Clients
6wreserach client list


6Wresearch Events
6wreserach events