South Korea Warehouse Automation Market Growth, Size, Trends, Revenue and Future Outlook

South Korea Warehouse Automation Market Size- By Robot Type, By System, By Payload Capacity- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

South Korea Warehouse Automation Market Size- By Robot Type, By System, By Payload Capacity- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Published: Dec 2023 Report ID: IACT23212 Pages: 1 - 103 Formats*:     
Category : Information & Communications Technology
South Korea Warehouse Automation Market Introduction and Overview 

According to SPER Market Research, the South Korea Warehouse Automation Market is estimated to reach USD XX billion by 2033 with CAGR of XX%.  

The report includes an in-depth analysis of the South Korea Warehouse Automation Market, including market size and trends, product mix, applications, and supplier analysis.  Automating the flow of merchandise into, though, and out of warehouses for customers while requiring the least amount of human intervention is known as warehouse automation. A company can get rid of labour-intensive tasks like manual data entry and analysis and repetitive physical labour as part of an automation project.

  • June 2019: The "Manufacturing Renaissance Vision" program was unveiled by the Korean government in June 2019 with the goal of reviving and improving the manufacturing sector's innovation drive and, in the long run, realigning industries to more value-added strategies.
  • 2022: The Korean government invested $1.9 billion on R&D projects in 2022 in order to encourage small and medium-sized enterprises to progress and enhance automated technology. Therefore, the focus of smart factories is mostly on automated manufacturing settings that make use of Industrial Internet of Things (IIoT) sensors for real-time monitoring and artificial intelligence (AI) optimization.
South Korea Warehouse Automation Market
Market Opportunities and Challenges
The pressing need for automated warehouses to effectively manage growing logistical needs is driven by rising expectations for same-day delivery and an increase in online sales. South Korea looks to automation solutions to solve labor constraints and grow operations due to an aging population and labor scarcity. South Korea uses digitization and ASRS, two cutting-edge warehouse techniques, to expedite stock management and provide precise tracking and forecasting. A growing number of new players are entering the South Korean logistics market at the same time that established businesses are extending their current level of operations. Collaborative mobile robots are transforming the warehousing sector by increasing efficiency and accuracy in picking. Order fulfilment may be completed more quickly and efficiently when mobile robotics and automation tools are combined. This adds value for customers.

Small and medium-sized businesses may find it difficult to enter the warehouse automation market due to the large upfront investment requirements of these systems. Skilled manpower is needed to implement warehouse automation systems, but it can be hard to find in South Korea.  It can be difficult to integrate warehouse automation technologies with current systems, particularly for businesses that still use old systems. Warehouse automation systems can have substantial maintenance and repair requirements, which can be a big burden for businesses.

South Korea Warehouse Automation Market


Market Competitive Landscape
The automation warehouse market in South Korea is somewhat dispersed, with both organized and disorganized small businesses. There are other significant rivals that provide customers and retailers with more value. Apart from well-established firms, there exist other Korean start-ups that concentrate on the automation of warehouses. These businesses are creating cutting-edge software for warehouse efficiency, robots, and AI-powered inventory management. Some of major players are Ardent Robot, Autonics, Doosan Group, ETRI, GridOne, Hankook, ITS, KORNIC Automation, SeAH Besteel, SM Core Co Ltd, Geekplus Technology Co., XAVIS, H.I.T Automative aand various others.

Scope of the Report:

 Report Metric Details
 Market size available for years 2019-2033
 Base year considered 2022
 Forecast period 2023-2033
 Segments coveredBy Robot Type, By System, By Payload Capacity
 Regions coveredSeoul metropolitan area, Chungcheong, Jeolla, Gyeongbuk, and Gyeongnam
 Companies CoveredArdent Robot, Autonics, Doosan Group, ETRI, GridOne, Hankook, ITS, KORNIC Automation, SeAH Besteel, XAVIS, H.I.T Automative aand various others
COVID-19 Impact on South Korea Warehouse Automation Market
The Covid-19 had both negative and positive impact. Automation is being adopted more quickly in a number of areas, including warehousing and logistics, because to the COVID-19 epidemic. Many firms are investing in automation solutions to boost productivity and ensure continuity of operations, as a result of the necessity for social distancing and a decrease in human-to-human contact. The epidemic revealed weak points in international supply systems, which hampered the movement of commodities. Increased demand placed a strain on warehouses and distribution hubs, prompting some companies to investigate automation as a way to strengthen supply chains' resilience and responsiveness. Lockdowns and other social distancing techniques have resulted in a notable increase in e-commerce activity. Order volume at fulfillment centers and warehouses has increased as a result.

Key Target Audience:
  • E-commerce Companies
  • Third-Party Logistic Providers
  • Potential Market Entrants
  • Freight Forwarding Companies
  • Warehousing Companies
  • Cold Storage Companies
  • Industry Associations
  • Consulting Agencies
  • Government Bodies & Regulating Authorities
Our in-depth analysis of the South Korea Warehouse Automation Market includes the following segments:
By Robot Type:
  • Articulated Robots
  • Cartesian Robots
  • Cylindrical Robots
  • Mobile Robots
  • SCARA Robots
  • By System:
  • Packaging
  • Palletizing & De-palletizing
  • Pick & Place
  • Transportation
  • By Payload Capacity:
  • 0.5 Kg - 10 Kg
  • 11 Kg - 80 Kg
  • 81 Kg - 180 Kg
  • 181 - 300 Kg
  • 301 - 900 Kg
  • More Than 900 Kg
  • Key Topics Covered in the Report:
    • South Korea Warehouse Automation  Market Size (FY’2023-FY’2033)
    • Overview of South Korea Warehouse Automation  Market
    • Segmentation of South Korea Warehouse Automation Market By Robot Type (Articulated Robots, Cartesian Robots, Cylindrical Robots, Mobile Robots, SCARA Robots)
    • Segmentation of South Korea Warehouse Automation Market By System (Packaging, Palletizing & De-palletizing, Pick & Place, Transportation)
    • Segmentation of South Korea Warehouse Automation Market By Payload Capacity (0.5 Kg - 10 Kg, 11 Kg - 80 Kg, 81 Kg - 180 Kg, 181 - 300 Kg, 301 - 900 Kg, More Than 900 Kg)
    • Statistical Snap of South Korea Warehouse Automation  Market 
    • Expansion Analysis of South Korea Warehouse Automation  Market 
    • Problems and Obstacles in South Korea Warehouse Automation  Market 
    • Competitive Landscape in the South Korea Warehouse Automation  Market 
    • Impact of COVID-19 and Demonetization on South Korea Warehouse Automation  Market 
    • Details on Current Investment in South Korea Warehouse Automation  Market 
    • Competitive Analysis of South Korea Warehouse Automation  Market 
    • Prominent Players in the South Korea Warehouse Automation  Market 
    • SWOT Analysis of South Korea Warehouse Automation  Market 
    1. Introduction
    1.1. Scope of the report
    1.2. Market segment analysis

    2. Research Methodology
    2.1. Research data source
    2.1.1. Secondary Data
    2.1.2. Primary Data
    2.1.3. SPER’s internal database
    2.1.4. Premium insight from KOL’s
    2.2. Market size estimation
    2.2.1. Top-down and Bottom-up approach
    2.3. Data triangulation

    3. Executive Summary

    4. Market Dynamics
    4.1. Driver, Restraint, Opportunity and Challenges analysis
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunities
    4.1.4. Challenges
    4.2. COVID-19 Impacts of the South Korea Warehouse Automation Market 

    5. Market variable and outlook
    5.1. SWOT Analysis
    5.1.1. Strengths
    5.1.2. Weaknesses
    5.1.3. Opportunities
    5.1.4. Threats
    5.2. PESTEL Analysis
    5.2.1. Political Landscape
    5.2.2. Economic Landscape
    5.2.3. Social Landscape
    5.2.4. Technological Landscape
    5.2.5. Environmental Landscape
    5.2.6. Legal Landscape
    5.3. PORTER’s Five Forces 
    5.3.1. Bargaining power of suppliers
    5.3.2. Bargaining power of buyers
    5.3.3. Threat of Substitute
    5.3.4. Threat of new entrant
    5.3.5. Competitive rivalry
    5.4. Heat Map Analysis

    6. Competitive Landscape
    6.1. South Korea Warehouse Automation Market Manufacturing Base Distribution, Sales Area, Product Type 
    6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in South Korea Warehouse Automation Market 

    7. South Korea Warehouse Automation Market, By Robot Type (USD Million)
    7.1. South Korea Warehouse Automation Market Value Share and Forecast, By Robot Type, 2023-2033
    7.2. Articulated Robots
    7.3. Cartesian Robots
    7.4. Cylindrical Robots
    7.5. Mobile Robots
    7.6. SCARA Robots

    8. South Korea Warehouse Automation Market, By System (USD Million)
    8.1. South Korea Warehouse Automation Market Value Share and Forecast, By System, 2023-2033
    8.2. Packaging
    8.3. Palletizing & De-palletizing
    8.4. Pick & Place
    8.5. Transportation

    9. South Korea Warehouse Automation Market, By Payload Capacity (USD Million)
    9.1. South Korea Warehouse Automation Market Value Share and Forecast, By Payload Capacity, 2023-2033
    9.2. 0.5 Kg - 10 Kg
    9.3. 11 Kg - 80 Kg
    9.4. 81 Kg - 180 Kg
    9.5. 181 - 300 Kg
    9.6. 301 - 900 Kg
    9.7. More Than 900 Kg

    10. South Korea Warehouse Automation Market  Forecast, 2019-2033 (USD Million)
    10.1. South Korea Warehouse Automation Market  Size and Market Share

    11. South Korea Warehouse Automation Market, By Robot Type, 2019-2033 (USD Million)
    11.1. South Korea Warehouse Automation Market Size and Market Share By Robot Type (2019-2026)
    11.2. South Korea Warehouse Automation Market Size and Market Share By Robot Type (2027-2033)

    12. South Korea Warehouse Automation Market , By System, 2019-2033 (USD Million)
    12.1. South Korea Warehouse Automation Market Size and Market Share By System (2019-2026)
    12.2. South Korea Warehouse Automation Market Size and Market Share By System (2027-2033)

    13. South Korea Warehouse Automation Market , By Payload Capacity, 2019-2033 (USD Million)
    13.1. South Korea Warehouse Automation Market Size and Market Share By Payload Capacity (2019-2026)
    13.2. South Korea Warehouse Automation Market Size and Market Share By Payload Capacity (2027-2033)

    14. South Korea Warehouse Automation Market, By Region, 2019-2033 (USD Million)
    14.1. South Korea Warehouse Automation Market Size and Market Share By Region (2019-2026)
    14.2. South Korea Warehouse Automation Market Size and Market Share By Region (2027-2033) 
    14.3. Chungcheong
    14.4. Gyeongbuk
    14.5. Gyeongnam
    14.6. Jeolla
    14.7. Seoul metropolitan area

    15. Company Profile
    15.1. Ardent Robot
    15.1.1. Company details
    15.1.2. Financial outlook
    15.1.3. Product summary 
    15.1.4. Recent developments
    15.2. Autonics
    15.2.1. Company details
    15.2.2. Financial outlook
    15.2.3. Product summary 
    15.2.4. Recent developments
    15.3. Doosan Group
    15.3.1. Company details
    15.3.2. Financial outlook
    15.3.3. Product summary 
    15.3.4. Recent developments
    15.4. ETRI
    15.4.1. Company details
    15.4.2. Financial outlook
    15.4.3. Product summary 
    15.4.4. Recent developments
    15.5. GridOne
    15.5.1. Company details
    15.5.2. Financial outlook
    15.5.3. Product summary 
    15.5.4. Recent developments
    15.6. Hankook
    15.6.1. Company details
    15.6.2. Financial outlook
    15.6.3. Product summary 
    15.6.4. Recent developments
    15.7. ITS
    15.7.1. Company details
    15.7.2. Financial outlook
    15.7.3. Product summary 
    15.7.4. Recent developments
    15.8. KORNIC Automation
    15.8.1. Company details
    15.8.2. Financial outlook
    15.8.3. Product summary 
    15.8.4. Recent developments
    15.9 SeAH Besteel
    15.9.1 Company details
    15.9.2 Financial outlook
    15.9.3 Product summary 
    15.9.4 Recent developments 
    15.20 Others

    16 List of Abbreviations

    17 Reference Links

    18 Conclusion

    19 Research Scope

    SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

    The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

    SPER-Methodology-1

    SPER-Methodology-2

    SPER-Methodology-3


    Frequently Asked Questions About This Report
    South Korea Warehouse Automation Market is projected to reach USD XX billion by 2033, growing at a CAGR of XX% during the forecast period.
    South Korea Warehouse Automation Market grew in market size from 2023. The Market is expected to reach USD XX billion by 2033, at a CAGR of XX% during the forecast period.
    South Korea Warehouse Automation Market CAGR of XX% during the forecast period.
    South Korea Warehouse Automation Market size is USD XX billion from 2023 to 2033.
    South Korea Warehouse Automation Market Segment is Covered By Robot Type, By System, By Payload Capacity
    The Asia-Pacific region is anticipated to have the highest market share in South Korea Warehouse Automation Market.
    The key players in the market include Companies Covered Ardent Robot, Autonics, Doosan Group, ETRI, GridOne, Hankook, ITS, KORNIC Automation, SeAH Besteel, XAVIS, H.I.T Automative aand various others
    South Korea Warehouse Automation Market, including market size and trends, product mix, applications, and supplier analysis. Automating the flow of merchandise into, though, and out of warehouses for customers while requiring the least amount of human intervention is known as warehouse automation.
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