South Korea Motion Control Market Size & Outlook, 2024-2030
The motion control market in South Korea is expected to reach a projected revenue of US$ 1,465.0 million by 2030. A compound annual growth rate of 7.5% is expected of South Korea motion control market from 2024 to 2030.
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Revenue, 2023 (US$M)
$883.6
Forecast, 2030 (US$M)
$1,465.0
CAGR, 2024 - 2030
7.5%
Report Coverage
South Korea
Global Market
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South Korea motion control market highlights
- The South Korea motion control market generated a revenue of USD 883.6 million in 2023 and is expected to reach USD 1,465.0 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
- In terms of segment, closed-loop system was the largest revenue generating system in 2023.
- Closed-loop System is the most lucrative system segment registering the fastest growth during the forecast period.
Motion control market data book summary
| Market revenue in 2023 | USD 883.6 million |
| Market revenue in 2030 | USD 1,465.0 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Closed-loop system |
| Fastest growing segment | Closed-loop System |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Open-loop System, Closed-loop System |
| Key market players worldwide | ABB Ltd, Siemens AG, Schneider Electric SE, Mitsubishi Electric Corp, Rockwell Automation Inc, YASKAWA Electric Corp, OMRON Corp, Fuji Electric Co Ltd, Parker Hannifin Corp, Fanuc Corp, Bosch, Celera Motion |
Other key industry trends
- In terms of revenue, South Korea accounted for 5.3% of the global motion control market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China motion control market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 811.4 million by 2030.
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Publish Date: Nov 06, 2025
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Motion Control Market Scope
Motion Control Market segmentation & scope
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Motion Control Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Mitsubishi Electric Corp | View profile | 149,134 | Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8310 | www.mitsubishielectric.com |
| Schneider Electric SE | View profile | 162,339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | www.se.com |
| OMRON Corp | View profile | 28,034 | Shiokoji Horikawa, Shimogyo-ku, Kyoto, Japan, 600-8530 | www.omron.co.jp |
| ABB Ltd | View profile | 108,700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | www.abb.com |
| Siemens AG | View profile | 321,000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | www.siemens.com |
| Rockwell Automation Inc | View profile | 29,000 | 1201 South Second Street, Milwaukee, WI, United States, 53204 | www.rockwellautomation.com |
| Fanuc Corp | View profile | 11,532 | 3580, Shibokusa, Oshino-mura, Minamitsuru-gun, Yamanashi, Japan, 401-0597 | www.fanuc.co.jp |
| Fuji Electric Co Ltd | View profile | 30,123 | Gate City Ohsaki, East Tower, 11-2, Osaki 1-chome, Shinagawa-ku, Tokyo, Japan, 141-0032 | www.fujielectric.co.jp |
| Parker Hannifin Corp | View profile | 62,730 | 6035 Parkland Boulevard, Cleveland, OH, United States, 44124-4141 | www.phstock.com |
| YASKAWA Electric Corp | View profile | 15,022 | 2-1, Kurosaki-shiroishi, Yahatanishi-ku, Kitakyushu, Japan, 806-0004 | www.yaskawa.co.jp |
South Korea Motion Control Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Motion Control Market Outlook will help companies and investors design strategic landscapes.
Closed-Loop System was the largest segment with a revenue share of 51.32% in 2023.
Horizon Databook has segmented the South Korea motion control market based on open-loop system, closed-loop system covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Motion Control Market System Outlook (Revenue, USD Million , 2018-2030)
- Open-loop System
- Closed-loop System
- South Korea Motion Control Market Offerings Outlook (Revenue, USD Million , 2018-2030)
- Actuators & Mechanical Systems
- Drives
- Motors
- Motion Controllers
- Sensors & Feedback Devices
- Software & Services
- South Korea Motion Control Market Application Outlook (Revenue, USD Million , 2018-2030)
- Metal Cutting
- Metal Forming
- Material Handling
- Packaging
- Robotics
- Others
- South Korea Motion Control Market Industry Vertical Outlook (Revenue, USD Million , 2018-2030)
- Electronics & Semiconductor
- Logistics
- Automotive
- Healthcare
- Food & Beverage
- Paper & Printing
- Aerospace & Defense
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Motion Control Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Motion Control Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
South Korea Motion Control Market, 2018-2030 (US$M)
South Korea motion control market statistics, by system, 2018-2030 (US$M)
