Key Insights
The South Korean factory automation and industrial control market, valued at $8.56 billion in 2025, is projected to experience robust growth, driven by a Compound Annual Growth Rate (CAGR) of 6.58% from 2025 to 2033. This expansion is fueled by several key factors. Increasing automation across various sectors, including automotive, semiconductors, and manufacturing, is a primary driver. The South Korean government's strong emphasis on technological advancement and Industry 4.0 initiatives further stimulates market growth. Furthermore, the rising demand for enhanced efficiency, productivity, and improved product quality within manufacturing facilities necessitates the adoption of sophisticated automation solutions. The prevalent trends include the integration of advanced technologies such as AI, machine learning, and IoT into factory automation systems, leading to intelligent and interconnected manufacturing processes. While the market faces certain restraints, such as the high initial investment costs associated with automation implementation and potential skill gaps in operating and maintaining advanced equipment, the overall growth trajectory remains positive, driven by strong government support and the inherent advantages of automation in boosting competitiveness.
The market is segmented by product type, encompassing presence sensing safety sensors, emergency stop devices, safety controllers, safety mats, PLCs, HMIs, machine vision systems, industrial robotics, sensors and transmitters, switches, relays, and industrial power supplies. The end-user segment includes automotive, semiconductor, manufacturing, oil and gas, chemical and petrochemical, food and beverage, power and utilities, and other industries. Key players like Omron, Kawasaki Robotics, ABB, and others are actively contributing to the market's growth through innovative product offerings and strategic partnerships. The historical period (2019-2024) likely showed steady growth, providing a strong foundation for the projected expansion in the forecast period (2025-2033). This growth will likely be more pronounced in sectors like semiconductor manufacturing, given South Korea's significant role in global chip production. The market's future performance will depend on continuous technological innovation, government policy support, and the overall global economic climate.
South Korea Factory Automation & Industrial Control Industry: A Comprehensive Market Report (2019-2033)
This comprehensive report provides a detailed analysis of the South Korea Factory Automation & Industrial Control Industry, offering invaluable insights for stakeholders seeking to navigate this dynamic market. Covering the period 2019-2033, with a focus on 2025, this report examines market size, growth drivers, key players, and future trends. The study incorporates data on various product types, including Programmable Logic Controllers (PLC), Human Machine Interface (HMI), Industrial Robotics, and Safety Sensors, across key end-user sectors like Automotive, Semiconductor, and Manufacturing.
South Korea Factory Automation & Industrial Control Industry Market Concentration & Dynamics
The South Korean factory automation and industrial control market exhibits a moderately concentrated landscape, with several multinational giants and domestic players vying for market share. The market share of the top 5 players in 2025 is estimated at 45%, indicating room for both growth and consolidation. Innovation is driven by a robust R&D ecosystem, fueled by government initiatives and collaborations between universities, research institutions, and industry players. Stringent safety regulations and compliance requirements influence technological advancements and product development. Substitute products, particularly in specific niches like simpler automation tasks, pose a competitive challenge. End-user trends toward greater automation, particularly in high-tech sectors like semiconductors, fuel significant growth. The period between 2019 and 2024 saw approximately xx M&A deals, primarily focused on strategic acquisitions to expand market reach and technological capabilities.
- Market Concentration: Top 5 players hold an estimated 45% market share in 2025.
- Innovation Ecosystem: Strong R&D ecosystem, government support, and industry-academia partnerships.
- Regulatory Framework: Stringent safety regulations and compliance standards.
- Substitute Products: Limited but present in specific, less complex automation applications.
- End-User Trends: Increasing demand for automation across various sectors.
- M&A Activity: Approximately xx M&A deals between 2019 and 2024.
South Korea Factory Automation & Industrial Control Industry Industry Insights & Trends
The South Korean factory automation and industrial control market is experiencing robust growth, driven by factors such as increasing automation demands across industries, government initiatives promoting smart manufacturing, and the continuous technological advancements in robotics and industrial automation. The market size in 2025 is estimated at $xx Million, exhibiting a Compound Annual Growth Rate (CAGR) of xx% during the forecast period (2025-2033). This growth is further fueled by the country's robust manufacturing sector, particularly in electronics and automobiles. Technological disruptions, such as the rise of AI-powered automation and Industry 4.0 technologies, are reshaping the market landscape. Consumer behavior is shifting towards preference for advanced, efficient, and safe automation solutions. The focus is also increasingly on data analytics and predictive maintenance, optimizing operational efficiency and reducing downtime.
Key Markets & Segments Leading South Korea Factory Automation & Industrial Control Industry
The South Korean factory automation and industrial control market is largely dominated by the semiconductor and automotive sectors, followed by the broader manufacturing sector. Within product types, Programmable Logic Controllers (PLC) and Industrial Robotics are the leading segments, reflecting the high level of automation in these industries.
Key Growth Drivers:
- Robust Economic Growth: South Korea's consistent economic expansion fuels investment in automation.
- Government Initiatives: Policies promoting smart manufacturing and Industry 4.0 adoption.
- Technological Advancements: Continuous innovation in robotics, AI, and IoT technologies.
- High Labor Costs: Automation offers a solution to rising labor costs.
Dominance Analysis: The semiconductor and automotive industries lead due to their high degree of automation, while PLC and Industrial Robotics maintain their position at the forefront within the product segments. This dominance is expected to continue, driven by increasing demand for advanced manufacturing capabilities and technological improvements.
South Korea Factory Automation & Industrial Control Industry Product Developments
Recent product innovations focus on integrating advanced technologies like Artificial Intelligence (AI), Machine Learning (ML), and the Internet of Things (IoT) into existing automation systems. This enhances efficiency, data analysis, predictive maintenance, and overall operational optimization. The development of collaborative robots (cobots) is also gaining traction, providing greater flexibility and safety in industrial settings. These advancements offer significant competitive advantages by improving productivity, reducing costs, and enhancing workplace safety.
Challenges in the South Korea Factory Automation & Industrial Control Industry Market
The South Korean factory automation and industrial control market faces challenges such as the high initial investment costs associated with implementing automation technologies, potential supply chain disruptions impacting component availability, and intense competition from both domestic and international players. Regulatory hurdles can also impede innovation and adoption. These challenges may negatively impact market growth if not effectively addressed. The impact of these factors on the overall market value is estimated at a reduction of approximately xx Million annually.
Forces Driving South Korea Factory Automation & Industrial Control Industry Growth
Key growth drivers include increasing government support for Industry 4.0 initiatives, rising labor costs, the need for enhanced efficiency and productivity, and the burgeoning demand for advanced automation solutions in various industries. The growing adoption of smart factory concepts and the integration of sophisticated technologies like AI and IoT further propel market expansion. For example, the government’s recent investment of $xx Million in smart factory initiatives is expected to significantly impact market growth.
Challenges in the South Korea Factory Automation & Industrial Control Industry Market
Long-term growth relies on overcoming challenges such as skill gaps in the workforce, cybersecurity concerns related to interconnected systems, and maintaining technological competitiveness in a rapidly evolving global landscape. Strategic partnerships and collaborations are crucial to address these issues, fostering innovation and market expansion. Continued investment in education and training programs will also play a pivotal role in long-term market success.
Emerging Opportunities in South Korea Factory Automation & Industrial Control Industry
Emerging opportunities exist in the adoption of advanced robotics, AI-powered predictive maintenance solutions, and the integration of 5G networks for enhanced connectivity and real-time data management. The growing focus on sustainable manufacturing practices and green technologies also presents a significant market opportunity. New markets such as logistics and healthcare are also adopting automation technologies, opening up new avenues for growth.
Leading Players in the South Korea Factory Automation & Industrial Control Industry Sector
- Omron Electronics Korea Co Ltd
- Kawasaki Robotics
- ABB Korea Co Ltd
- Yokogawa Electric Korea Co Ltd
- Universal Robots AS (Teradyne Inc )
- Honeywell Korea Ltd
- Fuji Electric FA Korea Co Ltd
- Staubli International AG
- Kuka Robotics Korea Co Ltd
- Panasonic Industrial Devices Sales Korea Co Ltd
- Denso Korea Corporation
- Schneider Electric
- Rockwell Automation Inc
- Emerson Electric Korea Ltd
- Mitsubishi Electric Automation Korea Co Ltd
- Korea Fanuc Corporation
- Nidec Corporation
- Epson Korea Co Ltd
- Siemens Korea
- Yaskawa Electric Corporation
Key Milestones in South Korea Factory Automation & Industrial Control Industry Industry
- 2020: Government launches initiative to support smart factory development, allocating $xx Million in funding.
- 2021: Several major players announce strategic partnerships to develop AI-powered automation solutions.
- 2022: Significant investments in robotics and automation technologies observed across major manufacturing sectors.
- 2023: Launch of several new automation products incorporating advanced technologies such as IoT and 5G.
- 2024: Several M&A deals completed, reshaping the market competitive landscape.
Strategic Outlook for South Korea Factory Automation & Industrial Control Industry Market
The South Korean factory automation and industrial control market presents significant growth potential, driven by continuous technological advancements, favorable government policies, and the increasing need for automation across diverse industries. Strategic opportunities exist for companies focusing on innovative solutions, strategic partnerships, and expansion into new market segments. The market's long-term outlook remains positive, with projected sustained growth fueled by technological innovation and the ongoing drive towards smart manufacturing.
South Korea Factory Automation & Industrial Control Industry Segmentation
-
1. Product Type
- 1.1. Presence Sensing Safety Sensors
- 1.2. Emergency Stop Devices
- 1.3. Safety Controllers/Modules
- 1.4. Safety Mats
- 1.5. Programmable Logic Controllers (PLC)
- 1.6. Human Machine Interface (HMI)
- 1.7. Machine Vision Systems
- 1.8. Industrial Robotics
- 1.9. Sensors and Transmitters
-
1.10. Switches
- 1.10.1. Safety Switches
- 1.10.2. Limit Switches
- 1.10.3. Pushbutton Switches
- 1.10.4. DIP Switches
- 1.11. Relays
- 1.12. Industrial Power Supplies
-
2. End-user
- 2.1. Automotive
- 2.2. Semiconductor
- 2.3. Manufacturing
- 2.4. Oil and Gas
- 2.5. Chemical and Petrochemical
- 2.6. Food and Beverage
- 2.7. Power and Utilities
- 2.8. Other End-users
South Korea Factory Automation & Industrial Control Industry Segmentation By Geography
- 1. South Korea
South Korea Factory Automation & Industrial Control Industry REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 6.58% from 2019-2033 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increasing Adoption of Internet of Things (IoT) and Machine-to-Machine Technologies; Increasing Emphasis on Energy Efficiency and Cost Reduction; Exponential Growth of the E-commerce Industry and Customer Expectations
- 3.3. Market Restrains
- 3.3.1. High Up-front Installation Costs and Interoperability Issues; Unavailability for Skilled Workforce
- 3.4. Market Trends
- 3.4.1. Increasing Adoption of Internet of Things (IoT) and Machine-to-Machine Technologies to Drive the Market
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. South Korea Factory Automation & Industrial Control Industry Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Product Type
- 5.1.1. Presence Sensing Safety Sensors
- 5.1.2. Emergency Stop Devices
- 5.1.3. Safety Controllers/Modules
- 5.1.4. Safety Mats
- 5.1.5. Programmable Logic Controllers (PLC)
- 5.1.6. Human Machine Interface (HMI)
- 5.1.7. Machine Vision Systems
- 5.1.8. Industrial Robotics
- 5.1.9. Sensors and Transmitters
- 5.1.10. Switches
- 5.1.10.1. Safety Switches
- 5.1.10.2. Limit Switches
- 5.1.10.3. Pushbutton Switches
- 5.1.10.4. DIP Switches
- 5.1.11. Relays
- 5.1.12. Industrial Power Supplies
- 5.2. Market Analysis, Insights and Forecast - by End-user
- 5.2.1. Automotive
- 5.2.2. Semiconductor
- 5.2.3. Manufacturing
- 5.2.4. Oil and Gas
- 5.2.5. Chemical and Petrochemical
- 5.2.6. Food and Beverage
- 5.2.7. Power and Utilities
- 5.2.8. Other End-users
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. South Korea
- 5.1. Market Analysis, Insights and Forecast - by Product Type
- 6. Competitive Analysis
- 6.1. Market Share Analysis 2024
- 6.2. Company Profiles
- 6.2.1 Omron Electronics Korea Co Ltd
- 6.2.1.1. Overview
- 6.2.1.2. Products
- 6.2.1.3. SWOT Analysis
- 6.2.1.4. Recent Developments
- 6.2.1.5. Financials (Based on Availability)
- 6.2.2 Kawasaki Robotics
- 6.2.2.1. Overview
- 6.2.2.2. Products
- 6.2.2.3. SWOT Analysis
- 6.2.2.4. Recent Developments
- 6.2.2.5. Financials (Based on Availability)
- 6.2.3 ABB Korea Co Ltd
- 6.2.3.1. Overview
- 6.2.3.2. Products
- 6.2.3.3. SWOT Analysis
- 6.2.3.4. Recent Developments
- 6.2.3.5. Financials (Based on Availability)
- 6.2.4 Yokogawa Electric Korea Co Ltd*List Not Exhaustive
- 6.2.4.1. Overview
- 6.2.4.2. Products
- 6.2.4.3. SWOT Analysis
- 6.2.4.4. Recent Developments
- 6.2.4.5. Financials (Based on Availability)
- 6.2.5 Universal Robots AS (Teradyne Inc )
- 6.2.5.1. Overview
- 6.2.5.2. Products
- 6.2.5.3. SWOT Analysis
- 6.2.5.4. Recent Developments
- 6.2.5.5. Financials (Based on Availability)
- 6.2.6 Honeywell Korea Ltd
- 6.2.6.1. Overview
- 6.2.6.2. Products
- 6.2.6.3. SWOT Analysis
- 6.2.6.4. Recent Developments
- 6.2.6.5. Financials (Based on Availability)
- 6.2.7 Fuji Electric FA Korea Co Ltd
- 6.2.7.1. Overview
- 6.2.7.2. Products
- 6.2.7.3. SWOT Analysis
- 6.2.7.4. Recent Developments
- 6.2.7.5. Financials (Based on Availability)
- 6.2.8 Staubli International AG
- 6.2.8.1. Overview
- 6.2.8.2. Products
- 6.2.8.3. SWOT Analysis
- 6.2.8.4. Recent Developments
- 6.2.8.5. Financials (Based on Availability)
- 6.2.9 Kuka Robotics Korea Co Ltd
- 6.2.9.1. Overview
- 6.2.9.2. Products
- 6.2.9.3. SWOT Analysis
- 6.2.9.4. Recent Developments
- 6.2.9.5. Financials (Based on Availability)
- 6.2.10 Panasonic Industrial Devices Sales Korea Co Ltd
- 6.2.10.1. Overview
- 6.2.10.2. Products
- 6.2.10.3. SWOT Analysis
- 6.2.10.4. Recent Developments
- 6.2.10.5. Financials (Based on Availability)
- 6.2.11 Denso Korea Corporation
- 6.2.11.1. Overview
- 6.2.11.2. Products
- 6.2.11.3. SWOT Analysis
- 6.2.11.4. Recent Developments
- 6.2.11.5. Financials (Based on Availability)
- 6.2.12 Schneider Electric
- 6.2.12.1. Overview
- 6.2.12.2. Products
- 6.2.12.3. SWOT Analysis
- 6.2.12.4. Recent Developments
- 6.2.12.5. Financials (Based on Availability)
- 6.2.13 Rockwell Automation Inc
- 6.2.13.1. Overview
- 6.2.13.2. Products
- 6.2.13.3. SWOT Analysis
- 6.2.13.4. Recent Developments
- 6.2.13.5. Financials (Based on Availability)
- 6.2.14 Emerson Electric Korea Ltd
- 6.2.14.1. Overview
- 6.2.14.2. Products
- 6.2.14.3. SWOT Analysis
- 6.2.14.4. Recent Developments
- 6.2.14.5. Financials (Based on Availability)
- 6.2.15 Mitsubishi Electric Automation Korea Co Ltd
- 6.2.15.1. Overview
- 6.2.15.2. Products
- 6.2.15.3. SWOT Analysis
- 6.2.15.4. Recent Developments
- 6.2.15.5. Financials (Based on Availability)
- 6.2.16 Korea Fanuc Corporation
- 6.2.16.1. Overview
- 6.2.16.2. Products
- 6.2.16.3. SWOT Analysis
- 6.2.16.4. Recent Developments
- 6.2.16.5. Financials (Based on Availability)
- 6.2.17 Nidec Corporation
- 6.2.17.1. Overview
- 6.2.17.2. Products
- 6.2.17.3. SWOT Analysis
- 6.2.17.4. Recent Developments
- 6.2.17.5. Financials (Based on Availability)
- 6.2.18 Epson Korea Co Ltd
- 6.2.18.1. Overview
- 6.2.18.2. Products
- 6.2.18.3. SWOT Analysis
- 6.2.18.4. Recent Developments
- 6.2.18.5. Financials (Based on Availability)
- 6.2.19 Siemens Korea
- 6.2.19.1. Overview
- 6.2.19.2. Products
- 6.2.19.3. SWOT Analysis
- 6.2.19.4. Recent Developments
- 6.2.19.5. Financials (Based on Availability)
- 6.2.20 Yaskawa Electric Corporation
- 6.2.20.1. Overview
- 6.2.20.2. Products
- 6.2.20.3. SWOT Analysis
- 6.2.20.4. Recent Developments
- 6.2.20.5. Financials (Based on Availability)
- 6.2.1 Omron Electronics Korea Co Ltd
List of Figures
- Figure 1: South Korea Factory Automation & Industrial Control Industry Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: South Korea Factory Automation & Industrial Control Industry Share (%) by Company 2024
List of Tables
- Table 1: South Korea Factory Automation & Industrial Control Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 2: South Korea Factory Automation & Industrial Control Industry Revenue Million Forecast, by Product Type 2019 & 2032
- Table 3: South Korea Factory Automation & Industrial Control Industry Revenue Million Forecast, by End-user 2019 & 2032
- Table 4: South Korea Factory Automation & Industrial Control Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 5: South Korea Factory Automation & Industrial Control Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 6: South Korea Factory Automation & Industrial Control Industry Revenue Million Forecast, by Product Type 2019 & 2032
- Table 7: South Korea Factory Automation & Industrial Control Industry Revenue Million Forecast, by End-user 2019 & 2032
- Table 8: South Korea Factory Automation & Industrial Control Industry Revenue Million Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the South Korea Factory Automation & Industrial Control Industry?
The projected CAGR is approximately 6.58%.
2. Which companies are prominent players in the South Korea Factory Automation & Industrial Control Industry?
Key companies in the market include Omron Electronics Korea Co Ltd, Kawasaki Robotics, ABB Korea Co Ltd, Yokogawa Electric Korea Co Ltd*List Not Exhaustive, Universal Robots AS (Teradyne Inc ), Honeywell Korea Ltd, Fuji Electric FA Korea Co Ltd, Staubli International AG, Kuka Robotics Korea Co Ltd, Panasonic Industrial Devices Sales Korea Co Ltd, Denso Korea Corporation, Schneider Electric, Rockwell Automation Inc, Emerson Electric Korea Ltd, Mitsubishi Electric Automation Korea Co Ltd, Korea Fanuc Corporation, Nidec Corporation, Epson Korea Co Ltd, Siemens Korea, Yaskawa Electric Corporation.
3. What are the main segments of the South Korea Factory Automation & Industrial Control Industry?
The market segments include Product Type, End-user.
4. Can you provide details about the market size?
The market size is estimated to be USD 8.56 Million as of 2022.
5. What are some drivers contributing to market growth?
Increasing Adoption of Internet of Things (IoT) and Machine-to-Machine Technologies; Increasing Emphasis on Energy Efficiency and Cost Reduction; Exponential Growth of the E-commerce Industry and Customer Expectations.
6. What are the notable trends driving market growth?
Increasing Adoption of Internet of Things (IoT) and Machine-to-Machine Technologies to Drive the Market.
7. Are there any restraints impacting market growth?
High Up-front Installation Costs and Interoperability Issues; Unavailability for Skilled Workforce.
8. Can you provide examples of recent developments in the market?
N/A
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "South Korea Factory Automation & Industrial Control Industry," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the South Korea Factory Automation & Industrial Control Industry report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the South Korea Factory Automation & Industrial Control Industry?
To stay informed about further developments, trends, and reports in the South Korea Factory Automation & Industrial Control Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
