South Korea Sensors Market Size, Share, and COVID-19 Impact Analysis, By Mode of Operation (Optical, Electrical Resistance, Biosensor, Piezoresistive, Image, Capacitive, Piezoelectric, Lidar, Radar, and Other), By End-User Industry (Automotive, Consumer Electronics, Energy, Industrial and Others, Medical and Wellness, Construction, Agriculture and Mining, Aerospace, and Robotics), and South Korea Sensors Market Insights, Industry Trend, Forecasts to 2035

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• The South Korea Sensors Market Size Was Estimated at USD 3.05 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 8.03% from 2025 to 2035
• The South Korea Sensors Market Size is Expected to Reach USD 7.13 Billion by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Sensors Market is anticipated to reach USD 7.13 billion by 2035, growing at a CAGR of 8.03% from 2025 to 2035. The growing use of IoT devices has increased the need for sensors, since they are critical in collecting data and interconnecting the systems.

Market Overview

The South Korea sensors market is the sector in South Korea concerned with the production, development, distribution, and application of all kinds of sensors, sensors that respond and detect environmental or physical changes. The sensors transfer physical inputs like motion, light, pressure, temperature, or chemical characteristics into readable signals to be analysed, monitored, or automated. Additionally, the increase in IoT technology has increased the need for sensors. Sensors play a central role in gathering information from the physical world and facilitating smooth communication between devices and systems. The increasing significance of IoT in South Korea has led to a significant rise in the compatibility of sensors with IoT platforms, making remote monitoring and control simpler. This IoT-connected device advancement has opened up many opportunities for sensors across the industrial, medical, consumer electronics, automotive, and other industries.

Report Coverage

This research report categorizes the market for the South Korea sensors market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea sensors market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea sensors market.

Driving Factors

Market growth will be slowed by the high costs of installing and maintaining smart sensors. Smart sensor adoption has been sluggish due to the high-cost components and batteries that keep the overall cost high. Sensors' integration into current systems proves difficult owing to compatibility. Specialized knowledge is also slowing down the growth of the market. Moreover, the establishment of sophisticated sensor technologies usually needs significant research and development (R&D) efforts, which pose a limitation to small firms.

Restraining Factors

The expensive production and incorporation of advanced sensors like MEMS, LiDAR, and AI-integrated sensors is a possibility. Moreover, Small and medium-sized enterprises (SMEs) can be hindered from embracing these technologies by the cost factor.

Market Segmentation

The South Korea sensors market share is classified into mode of operation and end-user industry.

• The optical segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea sensors market is segmented by mode of operation into optical, electrical resistance, biosensor, piezoresistive, image, capacitive, piezoelectric, lidar, radar, and other. Among these, the optical segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is driven by its common utilization across numerous industries. Optical sensors are part of use in consumer electronics, automotive technology, and health technologies due to their accuracy, dependability, and variability for the detection of light, proximity, and movement.

• The industrial and others segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea sensors market is segmented by end-user industry into automotive, consumer electronics, energy, industrial and others, medical and wellness, construction, agriculture and mining, aerospace, and robotics. Among these, the industrial and others segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This dominance is mainly due to the country's strong manufacturing industry, which is seeing rapid automation and digitalization.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea sensors market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• STMicroelectronics Inc.
• Honeywell International Inc.
• Infineon Technologies AG
• Bosch Sensortec GmbH
• Vishay Intertechnology Inc.
• TDK Corporation
• Texas Instruments Incorporated
• ABB Limited
• Siemens AG
• others

 Recent Developments:

• In July 2024, Infineon Technologies AG and Swoboda collaborated to launch advanced current sensor modules for automotive applications. This partnership leveraged Infineon's high-performance current sensor ICs and Swoboda's expertise in sensor module development to tap into the emerging market for sensing solutions in hybrid and electric vehicles. The first product, Swoboda CSM510HP2, featured a compact, fully encapsulated package with a miniaturized footprint while maintaining outstanding performance.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea sensors market based on the below-mentioned segments:

South Korea Sensors Market, By Mode of Operation

• Optical
• Electrical Resistance
• Biosensor
• Piezoresistive
• Image
• Capacitive
• Piezoelectric
• Lidar
• Radar
• Other

South Korea Sensors Market, By End-User Industry

• Automotive
• Consumer Electronics
• Energy
• Industrial and Others
• Medical and Wellness
• Construction
• Agriculture and Mining
• Aerospace
• Robotics