SOUTH KOREA ROBOTICS MARKET

INTRODUCTION

As a result of the enduring Covid-19, automated, contact-free services have gained popularity, and robot use in a variety of industries is growing quickly on a global scale.

Because of the ICBM (IoT, Cloud, Big Data, Mobile) and 5G technologies' confluence, digital contact is now conceivable. The digital transformation that will enable the digital connection of industries is being driven by robots and AI. Large conglomerates are actively developing robotics in South Korea.

 According to statistics from the International Federation of Robotics , South Korea has the highest "robot density" in the world, with 93 robots for every 1,000 human workers in the manufacturing sector. There are between 10 and 30 robots per 1,000 workers in the U.S. and most of Europe.

The market for service-oriented robots is also growing and diversifying in South Korea, with applications in areas like food preparation, serving, delivery, healthcare, surgical care, security, architecture, agriculture, and even defence.

There are more South Korean businesses with robots besides the fundamental manufacturing ones. The market for service-based robots is growing and diversifying in industries like food preparation, serving, delivery, healthcare, surgical care, security, architecture, agriculture, and even national defence.

SOUTH KOREA ROBOTICS MARKET SIZE AND FORECAST

The South korea robotics market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

According to its inventors, the AI Barista Robot, which employs a robotic arm propelled by "powerful artificial intelligence," can even close your cup lid when pouring beverages.

The service-based market for these robots is growing and diversifying in South Korea in industries like food preparation, serving, delivery, healthcare, medical care, security, architecture, agriculture, and even national defence.

The largest phone network in the nation, SK Telecom, has introduced a robot that can manufacture 20 various drinks to order, including specialty coffees.

As it works to make "unmanned" cafes a reality, this company declared that in the following five years, it intends to be the market leader in coffee-making robots.

Doosan Robotics, a South Korean business that collaborated with the company on the new bot, already offers its robotics.

COMPANY PROFILE

• SK Telecom
• Doosan robotics
• NAU robotics
• Hyundai robotics
• Cubroid robotics

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many robotics are manufactured per annum in South korea? Who are the sub-component suppliers in different regions?
2. Cost breakup of a South korea robotics and key vendor selection criteria
3. Where is the robotics manufactured? What is the average margin per unit?
4. Market share of South korea robotics market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture South korea robotics in-house
6. key predictions for next 5 years in South korea robotics market
7. Average B-2-B robotics market price in all segments
8. Latest trends in robotics market, by every market segment
9. The market size (both volume and value) of the robotics market in 2023-2030 and every year in between?
10. Production breakup of robotics market, by suppliers and their OEM relationship