The market is dominated by foreign suppliers, as imports account for 62.6% of total market size in 2023. B2B drives market demand, with B2B spending representing 98.3% of total demand in 2023. South Korea has the third largest market size for electronic components, valves and tubes regionally, with demand reaching USD74.0 billion in 2023. Samsung Electronics Co Ltd is the largest company in South Korea, generating 11.0% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 28.5% of total production value in 2023. The total number of companies decreases in 2023, to 8,727 units. The costs of the industry decrease by 7.1% in 2023, largely driven by declining B2B costs. The industry’s profitability increases and stands at 24.7% of production value in 2023, the seventh highest regionally. The industry’s exports share decreases in 2023 to 82.4% of total production output. With production value of USD154 billion, South Korea accounts for 10.9% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Electronic Components, Valves and Tubes in South Korea: ISIC 321. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electronic Components, Valves and Tubes in South Korea: ISIC 321 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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