Government Initiatives to Promote General Purpose Test Equipment Market in Russia and the CIS

  Enquire / contact me

Education, aerospace and defence will be the key end-user segments driving market growth in the region

Government Initiatives to Promote General Purpose Test Equipment Market in Russia and the CIS
Government Initiatives to Promote General Purpose Test Equipment Market in Russia and the CIS

Russia and the CIS countries are emerging markets offering long-term potential for general purpose test equipment vendors. Government and private investments in infrastructure development and services are poised to generate new opportunities for test equipment vendors.
New analysis from Frost & Sullivan, General Purpose Test Equipment Markets in Russia and CIS Countries, finds that the markets earned revenue of $194.8 million in 2010 and estimates this to reach $247.3 million in 2015. The research service covers the following products: oscilloscopes, signal generators, spectrum analysers, multimeters, network analysers, logic analysers, power meters, arbitrary waveform generators and electronic counters.
"Investments in infrastructure are rising with constant upgrades and efforts at modernisation," notes Frost & Sullivan Industry Manager Sujan Sami. "The increase in public-private partnerships (PPP) is set to boost infrastructure development, leading to greater demand for suitable test equipment."
The education as well as the aerospace and defence (A&D) sectors are major revenue-generating streams in Russia and the CIS countries. The A&D end-user sector was not as badly affected by the economic downturn as other sectors. This, in addition to the growth in the educational sector, is driving demand for oscilloscopes and other general purpose test equipment.

Posted on December 19, 2011 - (284 views)
by
Related articles
Hammond Power Solutions Exhibits at Automation Fair 2018
Gain 10 Seconds in Production per Identified Cable
Hammond Power Solutions at SPI and NECA
BASF Corporation Leads a Commercial Demonstration with ExxonMobil
Double Column Machining for Large Dies
Measuring the Position of Hydraulic and Telescopic Cylinders
Smart Plastics for Smart Maintenance
Stop wasting time on network commissioning reports
"Change is a Collection of Processes''
Novotema Celebrates its 40th Anniversary
Abu Dhabi International Petroleum Exhibition & Conference
Connect Everything with eFactory
Sensing Innovation in Process and Control
Mechatronic Products
SENSORS & INSTRUMENTATION for Test Measurement & Control
IIoT I/O Series
Hannay Reel Hose and Cable Reels
SPS IPC Drives 2018 - Free Ticket
Level Switches
Ultrasonic Flowmeter for Air
Compact True Color Sensor
A new performance class in inductive displacement measurements
Positioning System
Torque Limiter
Ultrasonic Flowmeters for Compressed Air
Isolated 4-port PSE Controller
Multifunction Panel Meters DCM20 series
450 Watt Medical Power Supplies
Portable Emissions Analyzer E8500 plus
Photovoltaic Fuse Holder
Measuring the Position of Hydraulic and Telescopic Cylinders
AI Convention Europe Presents KAPTAIN
Ultrasonic Flowmeters for Compressed Air
JDN Mini 24/07
Motion Controller from FAULHABER with STO shutdown
Temperature control technology
Multi-tasking Communication Server
Guidance Systems for Higher Duty XTS Applications
Advanced Humanoid Robot Hand
Virtual Personal Assistant ODP S3