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
Wireless Torque Sensors for Aerospace Sector
Cleanroom Technology
Temperature and Pressure Sensors with IO-LINK
Configurators for Motors, Gearboxes and Drives
AMR Based Current Sensors
How Advanced Precision Motors Empower the IoT and Industry 4.0
DataHub OPC Gateway
The Future of Sewing in a Robot
Picking Small Parts with Plug-and-Play Robot Vision
Yamaichi Electronics and TE Connectivity Team Up
Single Phase Filter
Full-service Bolting Equipment Provider
Ultrasonic Flowmeter for Electric Charge Reduction
The Reel that Works as Hard as You
Wave Spring
Shock Transportation Data Logger MSR175
Compact and Precise Level Switches
Laser Triangulation Sensors optoNCDT 1420
Sensing Innovation in Process and Control
Ultrasonic Flowmeter TRX
AMR Based Current Sensors
DataHub OPC Gateway
Driving the Digital Revolution with Hydraulic Fluids
NEW: Worldwide Smallest Draw-Wire Sensor
Embedded System with Artificial Intelligence
wireSENSOR MT19
Easy and Profitable Measurement Solutions Using Smart Laser Sensors
Compact True Color Sensor
Blue Laser Scanners for Profile Measurements on Shiny, Highly Polished Surfaces
Absolute Encoder for Drive Technology
Driving Amusement Safely: The Thrill is Guaranteed!
“At Hannover Messe, Exhibitors Demonstrate 500 Functional Examples of Industrie 4.0’’
Absolute Encoder for Drive Technology
Confocal Sensor for OEM Applications
Easily Print Labels from your Smartphone!
Ergonomic Safety Handles
Bi-Metal Temperature Gauges
Hoist Trolleys
Interactive Projection Module
JVL Shows the Highlight of SPS IPC Drives 2018