South Korea Industrial Automation Tenders

South Korea's industrial automation and control (IAC) market is anticipated to reach USD 11.04 billion by 2028, driven by factors such as the rising adoption of Industry 4.0 technologies, growing demand for automation solutions in the manufacturing, electronics, and automotive sectors, and government initiatives to promote industrial modernization.

South Korea industrial automation and control government procurement
The South Korean government plays a significant role in the IAC market, with an estimated procurement value of USD 500 million annually. This procurement is driven by the government's focus on improving industrial efficiency, enhancing infrastructure, and adopting advanced technologies.

Industrial robots: For automating complex tasks in various industries.
AI-powered automation systems: Leveraging machine learning and data analytics for intelligent process control.
Cybersecurity solutions: Protecting critical infrastructure from cyber threats in the increasingly connected industrial landscape.

Key authorities involved in South Korea's IAC procurement include:
The Ministry of Trade, Industry and Energy (MOTIE)
The Ministry of Science and ICT (MSIT)
The Public Procurement Service (PPS)
The Korea Institute of Industrial Technology (KITECH)

Samsung: A Korean leader in robotics and automation, heavily involved in government projects.
Hyundai Heavy Industries: Focuses on automation in shipbuilding and other heavy industries.
Siemens: Global leader in IA&C with a strong presence in Korea, providing various solutions.
ABB: Another global player offering a broad range of automation technologies.
Domestic startups: Rising Korean companies like Doosan Robotics and Robotis are increasingly winning government contracts.

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