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Trending companies of Automation and Robotics in South Korea

06/10/24

By:

Shi-ah Choi

Automation and Robotics conference

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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Indonesia

Malaysia

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Cambodia

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