Social and Infrastructure Analysis for the South Korean Automation and Electronics Industry
- ID: 362295
- November 2006
- Region: South Korea
- Frost & Sullivan
Frost and Sullivan's 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. Over the years, the production base of electronic components and semiconductors has shifted from developed countries in North America and Europe to emerging ones in Asia Pacific and Latin America. Low labor costs and unsaturated markets, combined with steady economic recovery have made the Asia Pacific region attractive to semiconductors manufacturers. Home to some of the world’s fastest growing economies such as China and India, Asia Pacific is expected to exhibit rapid growth in demand for electronic components and applications in the future.
The South Korean semiconductors industry has grown consistently. Although the rapidly aging population is considered an impediment to sustained economic growth, it has the potential to create new growth opportunities for industry participants.
The South Korean Government’s policies are aimed at attracting foreign investment and promoting private investment. The Government has identified nanotechnology, semiconductors, and robotics among the key technologies of the future. Local governments’ provision of incentives to invite investments has resulted in the formation of industrial clusters and free economic zones. The Government and associated ministries are also promoting industry-academia collaboration and allotting R&D funds.
Frost and 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 service provides a strong base for preparing contingency plans. In addition, investors can assess industry-specific risk factors as well as conduct in-depth micro research.
Benefits of this Service:
Identify New Market Opportunities
The social trends and the infrastructural set up in South Korea have been analyzed, along with their impact on the automation and electronics industry. This analysis will provide valuable information to industry participants on the market opportunities in specific segments of the industry in South Korea. This would also enable industry participants to gauge the future direction of the market, enabling them to devise appropriate market strategies to improve market share.
Devise Country Entry Strategies
The research service analyzes the strengths and weaknesses of the social and infrastructural framework of South Korea that are relevant to the automation and electronics industry. This is particularly useful in devising country-specific strategies for industry participants.
Evaluate Industry Segment Potential
This study offers detailed coverage of the impact and future direction of the labor and demographic developments on the industry. It provides both country and industry trends and forecasts for major variables and is an excellent tool for companies that plan to enter new geographic markets. This will help corporate planners in developing accurate business plans and enhance credibility to planning company resources SHOW LESS READ MORE >
1. Social Trends
- 1. Demography
-- 1. Demographic Trends
- 2. Labour Market
-- 1. Labor Market Trends
- 3. Household Consumption
-- 1. Consumption Pattern
- 1. Overview of Infrastructure
-- 1. Overview
-- 2. Free Economic Zones and Industry Clusters
-- 3. Research and Development
3. Impact Analysis and Growth Opportunities
- 1. Implications of Social and Infrastructure Trends
-- 1. Impact Analysis
-- 2. Business Opportunities