Research and Markets: The South Korean Automotive Supplier - 2015 Report Features 54 Detailed Company Profiles such as Denso Korea Automotive and Sungwoo Hitech

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/xjn6rd/the_south_korean) has announced the addition of the "The South Korean Automotive Supplier Report" report to their offering.

The South Korean Automotive Supplier Report features a comprehensive overview of the automotive industry in South Korea, including a macro-economic overview, government policy and planned investment by OEMs and suppliers. The report examines in-depth the manufacturing advantages of South Korea, as well as the giving an overview of which OEMs have the greatest presence there.

Furthermore, the report features an overview of production in 2014, as well as forecast numbers and detailed company profiles for 54 South Korean suppliers.

The South Korean automotive industry has grown into a world class industry, since its government-driven inception in the 1980s. Today, South Korea is a major manufacturer and exporter of automobiles and ranks 5th in the world, behind China, USA, Japan and Germany. In 2013, South Korea produced 4.5 million vehicles, a decline of 0.9% from the previous year, the first drop in production since 2007. In 2014, vehicle production was just positive, with an increase of 0.1%.

Over the last five years, South Korea has developed into a major exporter of vehicles, exporting roughly two-thirds of its total production annually. First, exports were driven by necessity, due to a mature domestic automotive market and lack of overseas production facilities. Now, exports are also driven by Free Trade Agreements (FTAs), allowing for zero tariff exports to most major automotive markets. South Korea's proximity to China and the ASEAN markets means that export opportunities, for both vehicles and components, continue to increase. The global expansion of the Hyundai-Kia Automotive Group (HKAG) and the emergence of world-class automotive suppliers make South Korea a global competitor.

Companies Mentioned:

- Atlas BX

- Austem

- Central Corporation

- Denso Korea Automotive

- Ecoplastic

- Frixa

- Hyosung Corporation

- Hyundai Sungwoo Automotive

- INFAC Corporation

- Inzi Controls

- Jico

- KM&I

- Kiswire

- Leehan Corporation

- Pyeong Hwa Automotive

- SL Corporation

- Samsung SDI

- Shinhan Valve Industrial

- THN Corporation

- Wooshin Safety Systems

- Yoosung Enterprose

- Yura Corporation

For more information visit http://www.researchandmarkets.com/research/xjn6rd/the_south_korean

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Sector: Automotive

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Automotive