LONDON – The Russian electronics component market is set to grow by 9.5 percent in 2011 to reach an annual size of about $2.6 billion, according to a report prepared by the Association of Suppliers of Electronic Components (ASPEC), a trade association for Russian distributors.
In 2010 the Russian components market, including semiconductors, passives and electromechanical components, was worth about $1.9 billion and it grew by 25 percent to reach an annual value of $2.4 billion, the association estimates.
The main feature of the Russian market is the large number of small and medium customers and the importance of distributors.
The top 30 Russian customers for electronic components have a market share worth about 30 percent of the market. About 400 large- and medium-sized customers take about 80 percent of the components by value and the remaining 20 percent of the market is taken by 3,000 small customers, according to ASPEC. The largest sectors in the Russian market are industrial and military electronics.
Local Russian distribution companies are responsible for about 65 percent of the market while direct sales from multinational distributors are responsible for a further 10 percent. Russian manufacturers of components hold about 30 percent of the market and their products are sold mainly into military and aerospace assembly, the group states.
More information on the Russian electronic components market is available in an 88-page report covering research conducted from February to April, 2012
Related links and articles:
Russian components market report
www.aspecfr.org
News articles: Plastic Logic demos flexible color moving display
Microsoft and Skolkovo Foundation cooperate on cloud
Russia drives into U.S. fabless funding
NeoPhotonics deals with Rusnano, plans facilities in Russia
Rusnano helps close $79 million Quantenna deal
Mikron signs to use Rambus crypto patents