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- New Report Projects Russian Electronics Market to Grow Continuously
New Report Projects Russian Electronics Market to Grow Continuously
- By Electronics.ca Research Network
- Published January 15, 2009
- Electronic Manufacturing
ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of a new report entitled "Russian Electronics Component Market".
The Russian market for electronic components for industrial electronics applications was US$380 million in 2006 and based on the results for the first six months of the year we forecast growth of 19% in 2007.
Industrial automation is the largest segment of the industrial electronics market, according to the report. The consumption of electronic components by manufacturers of
An important feature of this market segment in Russia is the large number of relatively small-scale customers, including companies involved in the development and production of devices for their own internal use. Demand for components for use in spare parts is also significant.
According to the estimates in the report, about a thousand enterprises develop and produce industrial automation equipment.
As a rule, manufacturers of industrial automation equipment also render services on systems assembly and commissioning. Acting as systems integrators, they use devices from both Russian and foreign companies along with their own equipment to fulfill the customer’s order on a turnkey basis.
The largest manufacturers of industrial automation equipment, according to the report, include EleSy, Metran Industrial Group, Tecon, Fastwel and Owen. The annual consumption of electronic components by these companies amounts to US$5-15 million.
Details of the new report, table of contents and ordering information can be found on
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