Incotex Electronics Group

Name

Incotex Electronics Group

Legal name

Incotex Electronics Group

Website

https://incotex.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Industrial Electronics Manufacturing

NAICS

Electric Lighting Equipment Manufacturing (33513), Electric Lamp Bulb and Other Lighting Equipment Manufacturing (335139), Semiconductor and Other Electronic Component Manufacturing (3344), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Electrical Equipment Manufacturing (3353)

SIC

Electric Lighting & Wiring Equipment (3640), Electronic & Other Electrical Equipment (No Computer Equip) (3600), Electronic Components & Accessories (3670), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Hazardous Location & Explosion-Proof Lighting (ATEX/IECEx, intrinsically safe fixtures) (IMAGAIAC)

akta.pro secondary industries

EV/Industrial Charging Power Electronics (Chargers, rectifiers, power stages) (IMAGADAF), Optoelectronic Components (LEDs, photodiodes, optocouplers, optical sensors) (IMAGAJAF), Process Control & Automation Electronics Manufacturing Services (PLCs, I/O, DCS/SCADA hardware) (IMAGAGAK), Industrial Safety & Security Electronics Manufacturing (Safety relays, E-stops, light curtains, access control) (IMAGAGAG)

Keywords

• LED lighting systems
• Trade equipment manufacturing
• Tachograph devices
• Smart lighting control
• Electronics contract manufacturing

Headquarters

HQ city

Moscow

HQ country

Russia

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. LED Lighting Products: Sale of LED luminaires for street, industrial, office, horticultural, park, floodlight, and architectural applications. Over 200 types of LED luminaires and lamps with power up to 2kW and more.
2. Trade Equipment (Mercury Brand): Sale of cash registers, label printers, electronic scales, taximeters, and tachographs with specialized software.
3. Tachographs: Mercury TA-001 and other tachograph devices providing uninterrupted, uncorrectable registration of vehicle speed, route, and driver activities.
4. Display Systems: LED, LCD, and plasma-based information display systems for transport (railway stations, airports, metro), advertising, broadcasting studios, healthcare, sports, and education sectors.
5. Contract Manufacturing: Third-party manufacturing services including SMT assembly, THT mounting, metalworking, powder coating, plastic injection molding, extrusion, and packaging. Services offered to external clients on contract basis.
6. Electric Vehicle Charging Stations (IPAUER Brand): Modern, convenient, and safe EV charging stations for DC and AC current.
7. LED Drivers: Power supply units for LED applications with various wattages (35-2500W) and configurations.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels3 records

Core offering

Incotex Electronics Group is a Russian diversified electronics manufacturer that designs and produces LED lighting systems, trade equipment (cash registers, scales, label printers), digital tachographs, information display systems, LED drivers, and EV charging stations under proprietary brands (LeaderLight, Mercury, DS Tech, IPAUER). The company also offers contract manufacturing services including SMT assembly, injection molding, and metalworking.

Product overview

Incotex Electronics Group operates as a diversified electronics manufacturer producing over 400 product types exclusively of proprietary design. The portfolio is organized around six core product brands: Mercury (trade equipment including cash registers, printers, scales, and tachographs), LeaderLight (LED luminaires spanning office, industrial, street, horticultural, and architectural applications), DC Tech (LED screens and information display systems), LED Drivers (power supplies for LED lighting 35-2500W), and IPAUR (electric vehicle charging stations). The ASTRO smart lighting control system provides networked control and monitoring for LED luminaires across three modification levels (ASTRO-1 through ASTRO-3), enabling mesh-network-based dimming, scheduling, and telemetry. Contract manufacturing services complement the product portfolio, offering SMT/THT assembly, metalworking, coating, injection molding, and packaging. Development and production are conducted in Moscow and Marks, Saratov Oblast, with over 50 engineers and programmers.

Differentiator

Problem solved

Functional benefit

Brands

• Mercury (Меркурий): Trade equipment brand including cash registers, label printers, electronic scales, and tachographs
• LeaderLight (ЛидерЛайт)
• DS Tech (ДC тех)
• ASTRO
• LED Drivers
• IPAUER (ИПАУЭР)

Products and services

• LeaderLight LED Lighting Systems LED luminaires and lighting systems brand offering over 200 types of fixtures for street/road, industrial, office, horticultural, agricultural, park, floodlight, and architectural applications, with wattages up to 2kW and above. Includes ASTRO smart lighting control compatibility.
• Mercury Trade Equipment Cash registers, label printers, electronic scales, taximeters, and associated specialized software for retail and commercial compliance applications.
• Mercury TA-001 Tachograph

Quantifiable outcome

• 60%+ energy consumption reduction in Kazakhstan Railways LED lighting project
• +4 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Al-Babtain Power & TelecommunicationcoreStrategic or Co-development Partner · 5 October 2017Largest Saudi Arabian company in power transmission and distribution. Meeting held between Incotex President Dr. Yury Sokolov and Chairman Ibrahim Hamad Al-Babtain. Partnership focused on LED lighting products with high praise from Saudi specialists. Plans for joint participation in trade shows in Russia and Saudi Arabia.
• Torell Technology (Poland)minorChannel Partner/ Reseller/ DistributorPolish dealer presenting LeaderLight range at Light Fair 2017 in Warsaw. Showcased LED panels, street, industrial and other LED lighting products.
• Avangard Energy SRL (Argentina)coreChannel Partner/ Reseller/ DistributorExclusive representative of Incotex in Argentina. Partnered on BIEL Light + Building Buenos Aires exhibition. Supplied 2,500+ LED luminaires to Lanús municipality and installed 400 LED luminaires at Baterías Moura factory.
• Spector LabminorImplementation/ SI/ Consulting PartnerArchitecture firm that used Incotex LED luminaires (LL-DSO series) for Servier pharmaceutical office design project in Moscow.
• Avangard Energy SRLcoreChannel Partner/ Reseller/ DistributorIncotex representative in Argentina that coordinated with Incotex to supply over 2,500 LED luminaires to municipality of Lanús. Working on expanding to Bolivia, Paraguay, Brazil, Ecuador, and Columbia markets.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Fagerhult Group: Swedish lighting group with premium indoor, outdoor, and infrastructure LED solutions plus lighting controls. Direct peer across commercial/industrial LED luminaires and smart controls versus Incotex LeaderLight + ASTRO.
• Hubbell Incorporated: US electrical and lighting products manufacturer with industrial, commercial, and outdoor LED luminaire lines. Comparable product breadth in fixtures and electrical infrastructure to Incotex's LeaderLight range.
• Zumtobel Group AG: Austrian LED luminaire manufacturer serving architectural, commercial, industrial, and outdoor applications. Comparable portfolio breadth and end-market focus to Incotex's LeaderLight range.
• Continental AG: Through its VDO brand, Continental is one of the largest tachograph manufacturers globally for commercial vehicles. Directly competes with Incotex's Mercury TA-001 tachograph line.
• ATOL: Leading Russian cash register and fiscal compliance equipment manufacturer. Domestic competitor to Incotex's Mercury cash register and trade equipment business within the same regulatory and retail environment.
• Stoneridge, Inc. US-based supplier of digital tachographs, fleet management systems, and vehicle electronics. Direct competitor to Incotex's Mercury tachograph product in commercial vehicle regulation and monitoring.
• Signify N.V. Global market leader in LED lighting systems (formerly Philips Lighting) with connected lighting and smart-city solutions. Direct competitor to Incotex's LeaderLight brand across street, industrial, office, and architectural segments.
• Acuity Brands, Inc. North American LED lighting and controls manufacturer with indoor, outdoor, industrial, and emergency products. Comparable vertically integrated lighting portfolio and smart-controls roadmap to Incotex.
• Tritium DCFC Limited: Specialist DC fast-charging equipment manufacturer for EVs. Direct competitor to Incotex's IPAUER brand in DC and AC EV charging stations across infrastructure markets.

Broad incumbents

• ams OSRAM AG: Global LED component and lighting solutions company (combining OSRAM Licht and ams). Overlaps with Incotex across LED components, drivers, automotive lighting, and specialty luminaires but at a vastly larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Incotex Electronics Group