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    South Korea Modern Manufacturing Execution System Market

    ID: MRFR/ICT/54085-HCR
    200 Pages
    Aarti Dhapte
    September 2025

    South Korea Modern Manufacturing Execution System Market Research Report: By Component (Software, Services), By Deployment (Cloud, On-premises, Hybrid), and By Discrete Industry (Electronics, Automotive, Medical, FMCG, Aerospace & Defense, Others)- Forecast to 2035

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    South Korea Modern Manufacturing Execution System Market Research Report - Forecast to 2035 Infographic
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    Table of Contents

    South Korea Modern Manufacturing Execution System Market Summary

    The South Korea Modern Manufacturing Execution System market is projected to grow significantly from 350 USD Million in 2024 to 1500 USD Million by 2035.

    Key Market Trends & Highlights

    South Korea Modern Manufacturing Execution System Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate of 14.14 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 1500 USD Million, indicating robust growth potential.
    • In 2024, the market is valued at 350 USD Million, reflecting the current investment landscape in manufacturing technologies.
    • Growing adoption of automation technologies due to the need for operational efficiency is a major market driver.

    Market Size & Forecast

    2024 Market Size 350 (USD Million)
    2035 Market Size 1500 (USD Million)
    CAGR (2025-2035) 14.14%

    Major Players

    Systek, Hanwha Techwin, Oracle, Siemens, Daewoo Engineering & Construction, AhnLab, NCS, LG CNS, FPT Software, Samsung SDS, KT Corporation, Daejeon Industry, Hyundai Mobis, POSCO ICT, Miracom

    South Korea Modern Manufacturing Execution System Market Trends

    The South Korea Modern Manufacturing Execution System (MES) market is experiencing significant growth driven by several key market drivers. The push for Industry 4.0 in South Korea has led many manufacturers to adopt advanced technologies to improve production efficiency and reduce operational costs. The government's strong support in the form of policies and funding for smart manufacturing initiatives is further propelling the adoption of MES solutions. Additionally, the demand for real-time data analytics for decision-making is increasing among manufacturers, allowing them to monitor processes more effectively, enhance quality control, and optimize overall production operations.

    There are many opportunities to be exploited in this market primarily because small and medium-sized enterprises (SMEs) are beginning to realize the value of assimilating MES into their systems. Several initiatives introduced by the South Korean Government towards developing the digital literacy of SMEs have created an MES market to exploit. Moreover, due to increased attention towards sustainable practices, manufacturers are inclined to seek MES applications that assist in tracking material consumption and waste reduction, promoting sustainable manufacturing.

    Recent trends in South Korea indicate a shift towards cloud-based MES systems, which are more adaptable and scalable to the needs of the manufacturers.

    The increased penetration of the Internet of Things (IoT) in manufacturing is enabling better connectivity and data sharing, which is essential for the efficient functioning of MES. As South Korean manufacturers continue to prioritize agility and responsiveness in their production lines, the demand for customized MES solutions that cater to specific industry needs is also on the rise. Overall, the intersection of technology adoption, government support, and evolving market demands is shaping the future landscape of the MES market in South Korea.

    South Korea Modern Manufacturing Execution System Market Drivers

    Market Segment Insights

    Get more detailed insights about South Korea Modern Manufacturing Execution System Market Research Report - Forecast to 2035

    Regional Insights

    Key Players and Competitive Insights

    The South Korea Modern Manufacturing Execution System Market is characterized by rapid advancements and intense competition as industries increasingly recognize the importance of automation and real-time data monitoring in optimizing production processes. With a growing emphasis on digital transformation, various players in the market are striving to enhance their offerings to meet the diversifying needs of manufacturers across several sectors. This competitive landscape is primarily driven by the need for improved efficiency, waste reduction, and enhanced product quality.

    Companies within this market are focusing on developing innovative solutions that not only streamline operations but also provide advanced analytical capabilities to help manufacturers make data-driven decisions. 

    As a result, players are expanding their geographic and technological footprint to capture a larger market share and address evolving client requirements effectively.Systek has established a significant presence in the South Korea Modern Manufacturing Execution System Market by leveraging its strong technological foundation and deep industry knowledge. The company's strengths lie in its comprehensive and adaptable solutions that cater to a wide array of manufacturing processes. With a focus on customer satisfaction, Systek has consistently demonstrated its commitment to delivering robust systems that enhance operational efficiency and data visibility for manufacturers.

    This dedication to quality and functionality enables Systek to maintain a competitive edge in the market while nurturing long-term relationships with clients. 

    Furthermore, Systek's local expertise allows it to provide tailored support and service, which reinforces trust and loyalty amongst its customer base, thereby solidifying its position in the South Korean market.Hanwha Techwin is another key player in the South Korea Modern Manufacturing Execution System Market known for integrating cutting-edge technology with traditional manufacturing practices. The company offers a broad range of products and services, including advanced security solutions integrated with manufacturing processes that optimize surveillance and line monitoring. Hanwha Techwin's strengths are defined by its commitment to innovation and quality, as well as its extensive distribution network across the region. 

    The company has been involved in strategic mergers and acquisitions to enhance its technological capabilities and market reach, ultimately allowing it to provide more comprehensive solutions to its clients. With a strong local presence, Hanwha Techwin continues to expand its influence and portfolio in the South Korean market by developing products that are not only aligned with current market trends but also contribute to the overall growth of the manufacturing sector through increased efficiency and safety.

    Key Companies in the South Korea Modern Manufacturing Execution System Market market include

    Industry Developments

    Recent developments in the South Korean Modern Manufacturing Execution System Market include significant advancements by leading companies like Samsung SDS and LG CNS, which are enhancing their Product Lifecycle Management systems to integrate advanced analytics and artificial intelligence capabilities. A notable market event is the strategic partnership between Hanwha Techwin and FPT Software, established in June 2023, aimed at leveraging both companies' expertise for smarter manufacturing solutions.

    Furthermore, Daewoo Engineering and Construction has announced collaborations to enhance automation in manufacturing processes, thereby improving efficiency.In terms of market growth, the valuation of the South Korean Manufacturing Execution System sector is projected to rise significantly, driven by increasing demand for real-time data monitoring. 

    The market dynamics are also influenced by ongoing investments, particularly from Oracle and Siemens, focusing on digital transformation initiatives that enhance manufacturing productivity. In the last two to three years, Hyundai Mobis has made strides in developing integrated solutions that cater to the smart factory needs, highlighting shifts towards automation. Overall, these developments underscore the competitive landscape and technological advancements within South Korea's Modern Manufacturing Execution System Market.

    Market Segmentation

    Outlook

    • Electronics
    • Automotive
    • Medical
    • FMCG
    • Aerospace & Defense
    • Others

    Report Scope

     
    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 262.0(USD Million)
    MARKET SIZE 2024 350.0(USD Million)
    MARKET SIZE 2035 1500.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 14.145% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Systek, Hanwha Techwin, Oracle, Siemens, Daewoo Engineering & Construction, AhnLab, NCS, LG CNS, FPT Software, Samsung SDS, KT Corporation, Daejeon Industry, Hyundai Mobis, POSCO ICT, Miracom
    SEGMENTS COVERED Component, Deployment, Discrete Industry
    KEY MARKET OPPORTUNITIES Smart factory integration, Industry 4.0 adoption, Cloud-based solutions demand, Real-time analytics implementation, Enhanced supply chain visibility
    KEY MARKET DYNAMICS Industry 4.0 adoption, Supply chain resilience, Real-time data analytics, Regulatory compliance requirements, Increasing automation
    COUNTRIES COVERED South Korea

    Market Highlights

    Author
    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in Market Research and Business Consulting, working under the spectrum of Information Communication Technology, Telecommunications and Semiconductor domains. Aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. Her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    FAQs

    What is the projected market size of the South Korea Modern Manufacturing Execution System Market in 2024?

    The projected market size of the South Korea Modern Manufacturing Execution System Market in 2024 is estimated to be valued at 350.0 million USD.

    What will be the market size of the South Korea Modern Manufacturing Execution System Market by 2035?

    By 2035, the South Korea Modern Manufacturing Execution System Market is expected to reach a value of 1500.0 million USD.

    What is the expected compound annual growth rate (CAGR) for the South Korea Modern Manufacturing Execution System Market from 2025 to 2035?

    The expected CAGR for the South Korea Modern Manufacturing Execution System Market from 2025 to 2035 is approximately 14.145%.

    What are the main components of the South Korea Modern Manufacturing Execution System Market?

    The main components of the South Korea Modern Manufacturing Execution System Market include software and services.

    How is the software component of the South Korea Modern Manufacturing Execution System Market valued in 2024?

    In 2024, the software component of the South Korea Modern Manufacturing Execution System Market is valued at 120.0 million USD.

    What is the expected market value for the services component of the South Korea Modern Manufacturing Execution System Market by 2035?

    The services component of the South Korea Modern Manufacturing Execution System Market is expected to reach a value of 900.0 million USD by 2035.

    Who are the key players in the South Korea Modern Manufacturing Execution System Market?

    The key players in the South Korea Modern Manufacturing Execution System Market include Systek, Hanwha Techwin, Oracle, Siemens, Daewoo Engineering & Construction, and others.

    What are the emerging trends driving growth in the South Korea Modern Manufacturing Execution System Market?

    Emerging trends driving growth in the market include advancements in automation, real-time data analytics, and increased adoption of Industry 4.0 technologies.

    What challenges does the South Korea Modern Manufacturing Execution System Market currently face?

    The market currently faces challenges such as the integration of new technologies and resistance to change among traditional manufacturers.

    What applications are being prioritized in the South Korea Modern Manufacturing Execution System Market?

    Prioritized applications in the South Korea Modern Manufacturing Execution System Market include production monitoring, quality control, and supply chain management.

    1. EXECUTIVE
    2. SUMMARY
    3. Market Overview
    4. Key Findings
    5. Market Segmentation
    6. Competitive Landscape
    7. Challenges and Opportunities
    8. Future Outlook
    9. MARKET INTRODUCTION
    10. Definition
    11. Scope of the study
    12. Research Objective
    13. Assumption
    14. Limitations
    15. RESEARCH
    16. METHODOLOGY
    17. Overview
    18. Data
    19. Mining
    20. Secondary Research
    21. Primary
    22. Research
    23. Primary Interviews and Information Gathering
    24. Process
    25. Breakdown of Primary Respondents
    26. Forecasting
    27. Model
    28. Market Size Estimation
    29. Bottom-Up
    30. Approach
    31. Top-Down Approach
    32. Data
    33. Triangulation
    34. Validation
    35. MARKET
    36. DYNAMICS
    37. Overview
    38. Drivers
    39. Restraints
    40. Opportunities
    41. MARKET FACTOR ANALYSIS
    42. Value chain Analysis
    43. Porter's
    44. Five Forces Analysis
    45. Bargaining Power of Suppliers
    46. Bargaining
    47. Power of Buyers
    48. Threat of New Entrants
    49. Threat
    50. of Substitutes
    51. Intensity of Rivalry
    52. COVID-19
    53. Impact Analysis
    54. Market Impact Analysis
    55. Regional
    56. Impact
    57. Opportunity and Threat Analysis
    58. South
    59. Korea Modern Manufacturing Execution System Market, BY Component (USD Million)
    60. Software
    61. Services
    62. South
    63. Korea Modern Manufacturing Execution System Market, BY Deployment (USD Million)
    64. Cloud
    65. On-premises
    66. Hybrid
    67. South
    68. Korea Modern Manufacturing Execution System Market, BY Discrete Industry (USD Million)
    69. Electronics
    70. Automotive
    71. Medical
    72. FMCG
    73. Aerospace
    74. & Defense
    75. Others
    76. Competitive Landscape
    77. Overview
    78. Competitive
    79. Analysis
    80. Market share Analysis
    81. Major
    82. Growth Strategy in the Modern Manufacturing Execution System Market
    83. Competitive
    84. Benchmarking
    85. Leading Players in Terms of Number of Developments
    86. in the Modern Manufacturing Execution System Market
    87. Key
    88. developments and growth strategies
    89. New Product Launch/Service
    90. Deployment
    91. Merger & Acquisitions
    92. Joint
    93. Ventures
    94. Major Players Financial Matrix
    95. Sales
    96. and Operating Income
    97. Major Players R&D Expenditure.
    98. Company
    99. Profiles
    100. Systek
    101. Financial
    102. Overview
    103. Products Offered
    104. Key
    105. Developments
    106. SWOT Analysis
    107. Key
    108. Strategies
    109. Hanwha Techwin
    110. Financial
    111. Overview
    112. Products Offered
    113. Key
    114. Developments
    115. SWOT Analysis
    116. Key
    117. Strategies
    118. Oracle
    119. Financial
    120. Overview
    121. Products Offered
    122. Key
    123. Developments
    124. SWOT Analysis
    125. Key
    126. Strategies
    127. Siemens
    128. Financial
    129. Overview
    130. Products Offered
    131. Key
    132. Developments
    133. SWOT Analysis
    134. Key
    135. Strategies
    136. Daewoo Engineering &
    137. Construction
    138. Financial Overview
    139. Products
    140. Offered
    141. Key Developments
    142. SWOT
    143. Analysis
    144. Key Strategies
    145. AhnLab
    146. Financial
    147. Overview
    148. Products Offered
    149. Key
    150. Developments
    151. SWOT Analysis
    152. Key
    153. Strategies
    154. NCS
    155. Financial
    156. Overview
    157. Products Offered
    158. Key
    159. Developments
    160. SWOT Analysis
    161. Key
    162. Strategies
    163. LG CNS
    164. Financial
    165. Overview
    166. Products Offered
    167. Key
    168. Developments
    169. SWOT Analysis
    170. Key
    171. Strategies
    172. FPT Software
    173. Financial
    174. Overview
    175. Products Offered
    176. Key
    177. Developments
    178. SWOT Analysis
    179. Key
    180. Strategies
    181. Samsung SDS
    182. Financial
    183. Overview
    184. Products Offered
    185. Key
    186. Developments
    187. SWOT Analysis
    188. Key
    189. Strategies
    190. KT Corporation
    191. Financial
    192. Overview
    193. Products Offered
    194. Key
    195. Developments
    196. SWOT Analysis
    197. Key
    198. Strategies
    199. Daejeon Industry
    200. Financial
    201. Overview
    202. Products Offered
    203. Key
    204. Developments
    205. SWOT Analysis
    206. Key
    207. Strategies
    208. Hyundai Mobis
    209. Financial
    210. Overview
    211. Products Offered
    212. Key
    213. Developments
    214. SWOT Analysis
    215. Key
    216. Strategies
    217. POSCO ICT
    218. Financial
    219. Overview
    220. Products Offered
    221. Key
    222. Developments
    223. SWOT Analysis
    224. Key
    225. Strategies
    226. Miracom
    227. Financial
    228. Overview
    229. Products Offered
    230. Key
    231. Developments
    232. SWOT Analysis
    233. Key
    234. Strategies
    235. References
    236. Related
    237. Reports
    238. LIST
    239. OF ASSUMPTIONS
    240. South Korea Modern Manufacturing Execution
    241. System Market SIZE ESTIMATES & FORECAST, BY COMPONENT, 2019-2035 (USD Billions)
    242. South
    243. Korea Modern Manufacturing Execution System Market SIZE ESTIMATES & FORECAST,
    244. BY DEPLOYMENT, 2019-2035 (USD Billions)
    245. South Korea Modern
    246. Manufacturing Execution System Market SIZE ESTIMATES & FORECAST, BY DISCRETE
    247. INDUSTRY, 2019-2035 (USD Billions)
    248. PRODUCT LAUNCH/PRODUCT
    249. DEVELOPMENT/APPROVAL
    250. ACQUISITION/PARTNERSHIP
    251. LIST
    252. Of figures
    253. MARKET SYNOPSIS
    254. SOUTH
    255. KOREA MODERN MANUFACTURING EXECUTION SYSTEM MARKET ANALYSIS BY COMPONENT
    256. SOUTH
    257. KOREA MODERN MANUFACTURING EXECUTION SYSTEM MARKET ANALYSIS BY DEPLOYMENT
    258. SOUTH
    259. KOREA MODERN MANUFACTURING EXECUTION SYSTEM MARKET ANALYSIS BY DISCRETE INDUSTRY
    260. KEY
    261. BUYING CRITERIA OF MODERN MANUFACTURING EXECUTION SYSTEM MARKET
    262. RESEARCH
    263. PROCESS OF MRFR
    264. DRO ANALYSIS OF MODERN MANUFACTURING
    265. EXECUTION SYSTEM MARKET
    266. DRIVERS IMPACT ANALYSIS: MODERN
    267. MANUFACTURING EXECUTION SYSTEM MARKET
    268. RESTRAINTS IMPACT
    269. ANALYSIS: MODERN MANUFACTURING EXECUTION SYSTEM MARKET
    270. SUPPLY
    271. / VALUE CHAIN: MODERN MANUFACTURING EXECUTION SYSTEM MARKET
    272. MODERN
    273. MANUFACTURING EXECUTION SYSTEM MARKET, BY COMPONENT, 2025 (% SHARE)
    274. MODERN
    275. MANUFACTURING EXECUTION SYSTEM MARKET, BY COMPONENT, 2019 TO 2035 (USD Billions)
    276. MODERN
    277. MANUFACTURING EXECUTION SYSTEM MARKET, BY DEPLOYMENT, 2025 (% SHARE)
    278. MODERN
    279. MANUFACTURING EXECUTION SYSTEM MARKET, BY DEPLOYMENT, 2019 TO 2035 (USD Billions)
    280. MODERN
    281. MANUFACTURING EXECUTION SYSTEM MARKET, BY DISCRETE INDUSTRY, 2025 (% SHARE)
    282. MODERN
    283. MANUFACTURING EXECUTION SYSTEM MARKET, BY DISCRETE INDUSTRY, 2019 TO 2035 (USD Billions)
    284. BENCHMARKING
    285. OF MAJOR COMPETITORS

    South Korea Modern Manufacturing Execution System Market Segmentation

    • Modern Manufacturing Execution System Market By Component (USD Million, 2019-2035)

      • Software
      • Services

     

    • Modern Manufacturing Execution System Market By Deployment (USD Million, 2019-2035)

      • Cloud
      • On-premises
      • Hybrid

     

    • Modern Manufacturing Execution System Market By Discrete Industry (USD Million, 2019-2035)

      • Electronics
      • Automotive
      • Medical
      • FMCG
      • Aerospace & Defense
      • Others

     

     

     

     

     

     

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    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

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