Automotive Manufacturing in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The automotive manufacturing industry is segmented into car manufacturing, motorcycle manufacturing, and truck manufacturing. The electric and hybrid vehicles are out of our market scope.
- The South Korean automotive manufacturing industry recorded revenues of $101 billion in 2024, representing a compound annual growth rate (CAGR) of 1.2% between 2019 and 2024.
- Industry production volume increased with a CAGR of 0.6% between 2019 and 2024, reaching a total of 4.4 million units in 2024.
- In 2024, the South Korean automotive manufacturing industry production volume was further affected by challenges in international markets, particularly due to increased competition and trade barriers. In the United States, the imposition of a 25% import tariff on foreign-built cars led companies like Hyundai and Kia to reassess their export strategies.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the automotive manufacturing market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the automotive manufacturing market in South Korea
- Leading company profiles reveal details of key automotive manufacturing market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea automotive manufacturing market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the South Korea automotive manufacturing market by value in 2024?
- What will be the size of the South Korea automotive manufacturing market in 2029?
- What factors are affecting the strength of competition in the South Korea automotive manufacturing market?
- How has the market performed over the last five years?
- How large is South Korea’s automotive manufacturing market in relation to its regional counterparts?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Hyundai Motor Co
- Kia Corp
- Toyota Motor Corp
- Honda Motor Co Ltd
