SOUTH KOREA INDUSTRIAL ROBOTICS MARKET FORECAST 2024-2032

Moreover, the nation is impacted by the US-China trade dispute, as China stands as a significant buyer of South Korean robotics. Despite these challenges, South Korea remains at the forefront of the global robotics landscape, showcasing impressive growth and technological advancements in various sectors.

The South Korea industrial robotics market segmentation includes robot type, end-user, and application. The robot type segment includes cartesian robots, SCARA robots, cylindrical robots, articulated robots, and other robot types (delta and polar robots).

The acronym SCARA stands for Selective Compliance Assembly Robot Arm or Selective Compliance Articulated Robot Arm. SCARA robots exhibit a higher speed compared to similar Cartesian robot systems, owing to their design and functionality. Their single pedestal mount not only demands a minimal footprint but also facilitates easy and unobstructed mounting.

Additionally, their controlling software requires inverse kinematics for linear interpolated moves. Despite this, the controlling software is typically included with the SCARA robot and remains transparent to the end-user.

These robots find extensive application in assembly processes and are characterized by a primarily cylindrical design. Common uses include assembly tasks, pick-and-place operations, and precise glue dispensing. Key players in the SCARA robot market include renowned companies such as Fanuc Corporation and Seiko Epson Corporation.

The deployment of robots, including SCARAs, is becoming increasingly prevalent in manufacturing environments to enhance efficiency, precision, and speed. The industrial robotics market encompasses a wide range of robotic systems designed for tasks such as material handling, welding, packaging, and quality control.

An articulated robot is characterized by its rotary joints, ranging from simple two-jointed structures to complex systems with 10 or more interacting joints and materials. These robots are powered by various means, including electric motors. Some robots, like robotic arms, may be articulated or non-articulated. Articulated robots, also known as 6-axis robots, are particularly advantageous for aligning with multiple planes. They are easy to operate and maintain and can be readily redeployed for plastic injection molding automation across different types and sizes of machines. 

These versatile robots find applications in various upstream and downstream processes, offering efficiency in tasks such as welding, painting, material handling, cutting, deburring, and more. Notable companies providing articulated robots include ABB, Ltd., Fanuc Corporation, Epson Robots, Staubli Robotics, KUKA Robotics, and others.

Some of the key players operating in the South Korea industrial robotics market include Nachi Fujikoshi Corporation, ABB Ltd, Yamaha Robotics, etc.

Nachi-Fujikoshi Corp., commonly known as Nachi-Fujikoshi, is a leading manufacturer specializing in the production of cutting tools, machine tools, precision machinery, robots, bearings, hydraulic equipment, special steels, industrial furnaces, and coating equipment. The company, with its headquarters located in Toyama, Japan, operates globally, spanning regions such as Japan, the Americas, Europe, Asia, and Oceania.