The market is dominated by foreign suppliers, as imports account for 75.8% of total market size in 2022. B2B drives market demand, with B2B spending representing 97.9% of total demand in 2022. South Korea has the fourth largest market size for electronic components, valves and tubes regionally, with demand reaching USD75.1 billion in 2022. Samsung Electronics Co Ltd is the largest company in South Korea, generating 11.3% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 29.4% of total production value in 2022. The total number of companies decreases in 2022, to 8,969 units. The costs of the industry decrease by 20.5% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 24.3% of production value in 2022, the fifth highest regionally. The industry’s exports share increases in 2022 to 89.2% of total production output. With production value of USD165 billion, South Korea accounts for 11.5% of the Asia Pacific total in 2022.
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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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