India C4ISR Market Trends, Size, Competitive Analysis and Forecast - 2019-2025

India C4ISR market is estimated to grow at a CAGR of more than 4.0 % during the forecast period. Indian C4ISR market has been primarily driven by the growth in military spending and increasing joint ventures for defense sector. The major cause for the growth in military spending in the country includes growing terrorism and political concerns and shift towards modernizing military capabilities. Furthermore, Indian government initiative referred to as Make in India is intended to strengthen the defense-industrial base by using measures that include reforming the capitalization on foreign direct investment (FDI). FDI in defense sector is one of the crucial factors supporting the military modernization in India.

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Additionally, some major joint ventures for the military and defense industry have been witnessed over the decades in the country. For instance, in June 2017, Thales and Reliance Defense Ltd. declared their intent to develop a joint venture with a proposed shareholding of 49% and 51% respectively. Encouraging offset commitment of Thales as part of Rafale Contract, this joint venture aimed to develop capabilities of India to maintain and integrate electronic warfare sensors and radars.
In addition, this would develop activity and skills in the Special Economic Zone of Mihan-Nagpur together along with the supply chain of India for the production of high-performance airborne electronics and microwave technologies. This collaboration between Thales and Reliance Defense Ltd. would strengthen Indian government's Make in India vision as well as provide a long-term strategy to serve Indian needs. In addition, this would enable Thales Group to strengthen its industrial footprint in the country.

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India C4ISR Market Segmentation

By Platform

o Land
o Air
o Naval
o Space

By Application

o Command and control
o Communication
o Intelligence
o Surveillance and reconnaissance

Company Profiles

o BAE Systems PLC
o Boeing
o Harris Corp.
o L3 technologies, Inc.
o Lockheed Martin Corp.
o Northrop Grumman Corp.
o Rafael Advanced Defense Systems Ltd.
o Rockwell Collins Inc.
o Thales Group
o The Bell Co.

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