Trending companies of Automation and Robotics in South Korea
06/10/24
By:
Shi-ah Choi

South Korea is rapidly advancing in the field of automation and robotics, with several companies gaining prominence due to their innovative technologies and global reach. Here are some of the trending companies in automation and robotics in South Korea:
1. Samsung Electronics (Samsung Robotics)
Website: www.samsung.com
Headquarters: Suwon, Gyeonggi Province
Estimated Revenue (2023): $15 billion (Robotics and automation segment)
Employees: Approximately 300,000 (Total company)
Main Business: Consumer electronics, industrial robots, and smart manufacturing systems.
Key Competitors: LG Electronics, Hyundai Robotics, ABB
Prominent Customers: Electronics, automotive, and manufacturing industries.
2. Hyundai Robotics (Hyundai Heavy Industries Group)
Website: www.hyundai-robotics.com
Headquarters: Seoul
Estimated Revenue (2023): $1.2 billion
Employees: Approximately 3,000
Main Business: Industrial robots, automation systems, and smart factories.
Key Competitors: Fanuc, Yaskawa Electric, KUKA
Prominent Customers: Automotive, shipbuilding, and heavy industries.
3. LG Electronics (LG Robotics)
Website: www.lg.com
Headquarters: Seoul
Estimated Revenue (2023): $3 billion (Robotics and automation segment)
Employees: Approximately 75,000 (Total company)
Main Business: Consumer electronics, service robots, and automation solutions.
Key Competitors: Samsung Electronics, Hyundai Robotics, Sony
Prominent Customers: Hospitality, retail, and manufacturing sectors.
4. Doosan Robotics
Website: www.doosanrobotics.com
Headquarters: Suwon, Gyeonggi Province
Estimated Revenue (2023): $300 million
Employees: Approximately 1,000
Main Business: Collaborative robots (cobots) for manufacturing, healthcare, and service industries.
Key Competitors: Universal Robots, ABB, KUKA
Prominent Customers: Electronics, healthcare, and food & beverage industries.
5. Hanwha Precision Machinery (Hanwha Robotics)
Website: www.hanwhaprecisionmachinery.com
Headquarters: Changwon, Gyeongsangnam Province
Estimated Revenue (2023): $700 million
Employees: Approximately 2,500
Main Business: Industrial robots, automation equipment, and smart factory solutions.
Key Competitors: Fanuc, Yaskawa Electric, Hyundai Robotics
Prominent Customers: Automotive, electronics, and semiconductor industries.
6. Robotis
Website: www.robotis.com
Headquarters: Seoul
Estimated Revenue (2023): $100 million
Employees: Approximately 300
Main Business: Robotics hardware, software, and educational robots.
Key Competitors: SoftBank Robotics, DJI, Boston Dynamics
Prominent Customers: Education, research, and service industries.
7. Rainbow Robotics
Website: www.rainbow-robotics.com
Headquarters: Daejeon
Estimated Revenue (2023): $80 million
Employees: Approximately 200
Main Business: Humanoid robots, collaborative robots, and robotic platforms.
Key Competitors: Boston Dynamics, Honda, SoftBank Robotics
Prominent Customers: Research institutions, healthcare, and industrial automation.
8. Neuromeka
Website: www.neuromeka.com
Headquarters: Seoul
Estimated Revenue (2023): $50 million
Employees: Approximately 150
Main Business: Collaborative robots (cobots) and industrial automation solutions.
Key Competitors: Doosan Robotics, Universal Robots, ABB
Prominent Customers: Small and medium-sized enterprises (SMEs) in manufacturing.
9. Unmanned Solution
Website: www.unmanned.co.kr
Headquarters: Seoul
Estimated Revenue (2023): $30 million
Employees: Approximately 100
Main Business: Autonomous vehicles, unmanned systems, and robotics solutions.
Key Competitors: Hyundai Mobis, Tesla, Naver Labs
Prominent Customers: Defense, logistics, and transportation sectors.
10. Furhat Robotics Korea
Website: www.furhatrobotics.com
Headquarters: Seoul
Estimated Revenue (2023): $20 million
Employees: Approximately 80
Main Business: Social robots, interactive AI systems, and service robotics.
Key Competitors: SoftBank Robotics, LG Robotics, Boston Dynamics
Prominent Customers: Healthcare, hospitality, and education sectors.
These companies are driving innovation and growth in the automation and robotics sectors in South Korea, positioning the country as a key player in the global market.
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