South Korea Smart Manufacturing Market Size & Outlook
The smart manufacturing market in South Korea is expected to reach a projected revenue of US$ 48,654.3 million by 2033. A compound annual growth rate of 12.9% is expected of South Korea smart manufacturing market from 2026 to 2033.
Revenue, 2025 (US$M)
$17,692.8
Estimate, 2026 (US$M)
$20,793.8
Forecast, 2033 (US$M)
$48,654.3
CAGR, 2026 - 2033
12.9%
Global Market
Related Markets
South Korea smart manufacturing market highlights
- The South Korea smart manufacturing market generated a revenue of USD 17,692.8 million in 2025 and is expected to reach USD 48,654.3 million by 2033.
- The South Korea market is expected to grow at a CAGR of 12.9% from 2026 to 2033.
- In terms of segment, software was the largest revenue generating component in 2025.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Smart manufacturing market data book summary
| Market revenue in 2025 | USD 17,692.8 million |
| Market revenue in 2033 | USD 48,654.3 million |
| Growth rate | 12.9% (CAGR from 2026 to 2033) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | ABB Ltd, Siemens AG, GE Aerospace, Rockwell Automation Inc, Schneider Electric SE, Honeywell International Inc, Fanuc Corp |
Other key industry trends
- In terms of revenue, South Korea accounted for 4.3% of the global smart manufacturing market in 2025.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China smart manufacturing market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 78,049.7 million by 2033.
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Publish Date: Nov 12, 2025
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Smart Manufacturing Market Scope
Smart Manufacturing Market segmentation & scope
Smart Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Schneider Electric SE | View profile | 162,339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | www.se.com |
| 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 |
| GE Aerospace | View profile | 125,000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | www.geaerospace.com |
| Rockwell Automation Inc | View profile | 29,000 | 1201 South Second Street, Milwaukee, WI, United States, 53204 | www.rockwellautomation.com |
| Honeywell International Inc | View profile | 95,000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | www.honeywell.com |
| Fanuc Corp | View profile | 11,532 | 3580, Shibokusa, Oshino-mura, Minamitsuru-gun, Yamanashi, Japan, 401-0597 | www.fanuc.co.jp |
South Korea Smart Manufacturing 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 Smart Manufacturing Market Outlook will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 59.94% in 2025.
Horizon Databook has segmented the South Korea smart manufacturing market based on hardware, software, services covering the revenue growth of each sub-segment from 2021 to 2033.
- South Korea Smart Manufacturing Market Component Outlook (Revenue, USD Million , 2021-2033)
- Hardware
- Software
- Services
- South Korea Smart Manufacturing Market Technology Outlook (Revenue, USD Million , 2021-2033)
- MES
- PLC
- ERP
- SCADA
- DCS
- HMI
- Machine Vision
- 3D Printing
- PLM
- Plant Asset Management
- South Korea Smart Manufacturing Market End Use Outlook (Revenue, USD Million , 2021-2033)
- Oil & Gas and Energy & Power
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Metals & Mining
- Pulp & Paper
- Automotive
- Aerospace & Defense
- Others End Use
- Semiconductor & Electronics
- Renewable Energy
- Medical Devices
- Heavy Machinery
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Smart Manufacturing Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Smart Manufacturing Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
South Korea Smart Manufacturing Market, 2021-2033 (US$M)
South Korea smart manufacturing market statistics, by component, 2021-2033 (US$M)
