Market Forecast By Type (Articulated, Cartesian, Scara, Cylindrical, Others), By End-user Industry (Automotive, Electrical & Electronics, Chemical Rubber & Plastics, Machinery, Food & Beverages, Others), By Function (Soldering & Welding, Materials Handling, Assembling & Disassembling, Painting & Dispensing, Milling, Cutting, & Processing, Others) And Competitive Landscape
Product Code: ETC295403 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Report Name | South Korea Industrial Robotics Market |
Forecast period | 2025-2031 |
CAGR | 11.5% |
Growing Sector | Industrial Automation |
The South Korea Industrial Robotics Market report thoroughly covers the market by Type, by End-User Industry, and by Function. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The South Korea industrial robotics market is experiencing robust growth and is expected to maintain this upward trajectory over the forecast period. This growth is primarily driven by the increasing adoption of automation in various industries, coupled with government initiatives to boost advanced manufacturing technologies.
According to 6Wresearch, the South Korea industrial robotics market is projected to grow at a CAGR of 11.5% during the forecast period of 2025-2031. One of the key drivers of this growth is the rising demand for automation in sectors such as automotive and electronics, driven by the need for efficiency and precision. Additionally, South Korea's strong emphasis on innovation and technology adoption is further propelling the market for industrial robotics. However, the market does face some challenges. High initial costs of robotic systems and maintenance can be a barrier for small and medium-sized enterprises (SMEs). Furthermore, the complexity of integrating these systems into existing workflows can also pose significant challenges.
Some of the key players in the South Korea industrial robotics market include Hyundai Robotics, Samsung Electronics, and LG Electronics. These companies hold a substantial market share due to their extensive product offerings and advanced technological capabilities. Hyundai Robotics is renowned for its innovative solutions in the automotive sector, while Samsung Electronics and LG Electronics lead in the electronics and home appliances sectors, respectively.
The South Korean government has launched several initiatives to support the growth of the industrial robotics market. Policies aimed at fostering innovation, such as tax incentives for research and development, and subsidies for adopting advanced manufacturing technologies, are driving market growth. The government’s “Intelligent Robot Act” and “Manufacturing Industry Innovation 3.0” are specifically designed to enhance the competitiveness of South Korea's manufacturing sector through automation and smart technologies. Additionally, the promotion of smart factory solutions and investments in robotics research centers further support the expansion of the industrial robotics market.
The South Korea Industrial Robotics Market is poised for significant growth due to factors such as increased investments in automation, technological advancements, and supportive government policies. The automotive and electronics industries will continue to be major drivers of demand. Furthermore, with the global shift towards Industry 4.0 and smart manufacturing, the demand for advanced robotics solutions is expected to rise. Innovations such as collaborative robots (cobots) and AI-driven robotics will further enhance market growth. Overall, the South Korea industrial robotics market shows promising potential for the coming years.
According to Ravi Bhandari, Research Head, 6Wresearch, the articulated robots segment is currently leading and dominating the market. This is due to their versatility and extensive use in various applications such as welding, material handling, and assembly.
In terms of end-user industries, the automotive sector holds the largest share in the South Korean market. The high degree of automation in vehicle manufacturing processes is a significant factor driving this demand.
The materials handling function is the most prevalent in South Korea’s industrial robotics market. This function is critical for applications in manufacturing and logistics, contributing to the efficiency and productivity of operations.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Korea Industrial Robotics Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Industrial Robotics Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea Industrial Robotics Market - Industry Life Cycle |
3.4 South Korea Industrial Robotics Market - Porter's Five Forces |
3.5 South Korea Industrial Robotics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 South Korea Industrial Robotics Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
3.7 South Korea Industrial Robotics Market Revenues & Volume Share, By Function, 2021 & 2031F |
4 South Korea Industrial Robotics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automation and efficiency in manufacturing processes |
4.2.2 Technological advancements in industrial robotics leading to enhanced capabilities |
4.2.3 Government initiatives and investments in promoting industrial automation |
4.3 Market Restraints |
4.3.1 High initial costs of implementing industrial robotics systems |
4.3.2 Lack of skilled labor to operate and maintain industrial robots |
4.3.3 Concerns about job displacement and resistance to automation in certain industries |
5 South Korea Industrial Robotics Market Trends |
6 South Korea Industrial Robotics Market, By Types |
6.1 South Korea Industrial Robotics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Industrial Robotics Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 South Korea Industrial Robotics Market Revenues & Volume, By Articulated, 2021-2031F |
6.1.4 South Korea Industrial Robotics Market Revenues & Volume, By Cartesian, 2021-2031F |
6.1.5 South Korea Industrial Robotics Market Revenues & Volume, By Scara, 2021-2031F |
6.1.6 South Korea Industrial Robotics Market Revenues & Volume, By Cylindrical, 2021-2031F |
6.1.7 South Korea Industrial Robotics Market Revenues & Volume, By Others, 2021-2031F |
6.2 South Korea Industrial Robotics Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 South Korea Industrial Robotics Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 South Korea Industrial Robotics Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.2.4 South Korea Industrial Robotics Market Revenues & Volume, By Chemical Rubber & Plastics, 2021-2031F |
6.2.5 South Korea Industrial Robotics Market Revenues & Volume, By Machinery, 2021-2031F |
6.2.6 South Korea Industrial Robotics Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.2.7 South Korea Industrial Robotics Market Revenues & Volume, By Others, 2021-2031F |
6.3 South Korea Industrial Robotics Market, By Function |
6.3.1 Overview and Analysis |
6.3.2 South Korea Industrial Robotics Market Revenues & Volume, By Soldering & Welding, 2021-2031F |
6.3.3 South Korea Industrial Robotics Market Revenues & Volume, By Materials Handling, 2021-2031F |
6.3.4 South Korea Industrial Robotics Market Revenues & Volume, By Assembling & Disassembling, 2021-2031F |
6.3.5 South Korea Industrial Robotics Market Revenues & Volume, By Painting & Dispensing, 2021-2031F |
6.3.6 South Korea Industrial Robotics Market Revenues & Volume, By Milling, Cutting, & Processing, 2021-2031F |
6.3.7 South Korea Industrial Robotics Market Revenues & Volume, By Others, 2021-2031F |
7 South Korea Industrial Robotics Market Import-Export Trade Statistics |
7.1 South Korea Industrial Robotics Market Export to Major Countries |
7.2 South Korea Industrial Robotics Market Imports from Major Countries |
8 South Korea Industrial Robotics Market Key Performance Indicators |
8.1 Percentage increase in the adoption of collaborative robots in manufacturing |
8.2 Average time taken for return on investment (ROI) for industrial robotics systems |
8.3 Number of government policies or incentives supporting industrial automation adoption |
8.4 Rate of growth in the number of industrial robotics training programs offered by educational institutions |
8.5 Percentage reduction in manufacturing defects after implementing industrial robotics systems |
9 South Korea Industrial Robotics Market - Opportunity Assessment |
9.1 South Korea Industrial Robotics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 South Korea Industrial Robotics Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
9.3 South Korea Industrial Robotics Market Opportunity Assessment, By Function, 2021 & 2031F |
10 South Korea Industrial Robotics Market - Competitive Landscape |
10.1 South Korea Industrial Robotics Market Revenue Share, By Companies, 2024 |
10.2 South Korea Industrial Robotics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |