The market is dominated by domestic suppliers, as imports account for 48.1% of total market size in 2023. B2B drives market demand, with B2B spending representing 41.7% of total demand in 2023. South Korea has the fourth largest market size for mobile phones, radio transmitters and television cameras regionally, with demand reaching USD27.6 billion in 2023. Samsung Electronics Co Ltd is the largest company in South Korea, generating 31.7% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 34.0% of total production value in 2023. The total number of companies decreases in 2023, to 3,240 units. The costs of the industry decrease by 6.6% in 2023, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 13.9% of production value in 2023, the 11th highest regionally. The industry’s exports share decreases in 2023 to 56.9% of total production output. With production value of USD31.0 billion, South Korea accounts for 4.6% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Mobile Phones, Radio Transmitters and Television Cameras in South Korea: ISIC 322. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Mobile Phones, Radio Transmitters and Television Cameras in South Korea: ISIC 322 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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