Automation and Control Systems Market in South Korea, Forecast to 2021

Slow Growth Anticipated in the Domestic Market Owing to Maturity of the Manufacturing Sector
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Published: 28 Sep 2017

This research service discusses the automation and services revenue generated by various automation and control system suppliers in South Korea. The companies included in this study are all major vendors. Research Scope The objective is to identify the major end users, the distribution channel for each product, and the major projects that use automation and safety systems in South Korea. The study also discusses the revenue contribution by product type and automation component. Historical data from 2013 to 2015 are examined and included. Considering the prevailing political, legal, and economic situation and other trends, the study also forecasts revenue and growth rates till 2021. Key drivers and restraints for the market are also included in the study. Revenue split among major vendors has been discussed for the total market and also for each product segment. The main automation components mentioned in the study include hardware, software, and services. Major End-user Industries: The study analyses major end-user industries in South Korea and discusses the revenue and forecast for each of the end user segments. The major end-user industries covered in this study are: • Oil and Gas (O&G) • Chemicals and Petrochemicals (C&P) • Power Generation (PG) • Food and Beverage (F&B) • Automotive and Transportation (A&T) • Water and Waste Water Treatment (WWWT) • Electronics and Semiconductors (E&S) • Pulp and Paper (P&P) • Mining and Metals (M&M) • Packaging • Textiles Product Segmentation: The product segment includes the following automation and control technologies: • Programmable Logic Controller (PLC) • Distributed Control System (DCS) • Supervisory Control and Data Acquisition System (SCADA) • Human Machine Interface (HMI) • Safety Systems Key Questions This Study Will Answer • What are the prevailing trends in the automation and control market in South Korea in 2016 and how will it look like in the next 5 years? • What is the total market for automation and control systems in South Korea in 2016 and what factors will drive/impede their adoption? • What is the revenue contribution by product segments in 2016 and how will it change in the next 5 years? • Who are the major end users of automation systems in South Korea and what is their contribution to market revenue in the base year, 2016 as well during the forecast period? • What are the major channels or distribution and how much share does each channel have of the market revenue in 2016?

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