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Economic Analysis for the South Korean Automation and Electronics
Frost & Sullivan, November 2006
The automation and electronics industry is one of the leading manufacturing sectors in all industrialized and industrializing countries of the world. Due to its pervasive applicability, the industry is strongly linked to macroeconomic conditions and is also considered a leading indicator of the economic health of a country. Growth in the automation and electronics space affects other end-user industries such as consumer electronics and computers. Owing to its strong influence on the economy and other industries, trends in this space are conscientiously tracked. Since the world and domestic economic conditions have a strong influence on the industry, it is vital to track the current and future economic trends and make the best of the available and potential growth opportunities.
Since its economic recovery, South Korea has achieved consistent growth and its current economic policies are framed in order to increase the per capita gross domestic product (GDP). However, the recent rise in oil prices and the strengthening of the won has affected the investment climate in the country. These trends can be countered with the transition to a knowledge-based economy, which will create opportunities for industry participants.
Frost & Sullivan’s Automation and Electronics Country Industry Forecast service provides vital inputs for evaluating the attractiveness of a country and its automation and electronics industry. Besides enabling decision makers to assess the impact of non-market forces, it also helps in identifying new market opportunities. This research service provides a strong base for preparing contingency plans. In addition, investors can assess industry-specific risk factors as well as conduct a more in-depth micro research.
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--Economic Trends and Key Developments
--Gross Domestic Product (GDP)
--Consumer Expectation Index and Business Survey Index
-Automation and Electronics Industry
--Industry Trends and Forecast
--Electronics and Semiconductors Segment
--Industrial Automation Segment
--Implications and Business Opportunities