Latest Report Update: Jan 17, 2020

Republic of Korea - Generators For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Republic of Korea: Engine Generator Market Overview 2020

Engine Generator Market Size in Republic of Korea

The revenue of the engine generator market in South Korea amounted to $X in 2018, stabilizing at the previous year. Overall, engine generator consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Engine generator consumption peaked at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Engine Generator Production in Republic of Korea

In value terms, engine generator production stood at $X in 2018 estimated in export prices. In general, the total output indicated a temperate expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, engine generator production decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2013 when production volume increased by X% year-to-year. In that year, engine generator production reached its peak level of $X. From 2014 to 2018, engine generator production growth remained at a somewhat lower figure.

Engine Generator Exports

Exports from Republic of Korea

In 2018, the engine generator exports from South Korea amounted to X units, waning by -X% against the previous year. In general, engine generator exports, however, continue to indicate extraordinary growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Exports peaked at X units in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

In value terms, engine generator exports stood at $X in 2018. In general, engine generator exports, however, continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, engine generator exports attained their maximum at $X in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China (X units) was the main destination for engine generator exports from South Korea, with a X% share of total exports. Moreover, engine generator exports to China exceeded the volume sent to the second major destination, India (X units), twofold. Slovakia (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to China amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+X% per year) and Slovakia (+X% per year).

In value terms, the largest markets for engine generator exported from South Korea were China ($X), India ($X) and Slovakia ($X), together accounting for X% of total exports. The U.S., Mexico, Brazil and Thailand lagged somewhat behind, together comprising a further X the main countries of destination, Mexico (+X% per year) experienced the highest growth rate of market size, over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average engine generator export price amounted to $X per unit, remaining relatively unchanged against the previous year. Over the period under review, the engine generator export price continues to indicate a slight drop. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2009; however, from 2010 to 2018, export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2018, the countries with the highest prices were Slovakia ($X per unit) and Mexico ($X per unit), while the average price for exports to the U.S. ($X per unit) and Thailand ($X per unit) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Brazil, while the prices for the other major destinations experienced more modest paces of growth.

Engine Generator Imports

Imports into Republic of Korea

In 2018, the amount of generators for internal combustion engines imported into South Korea stood at X units, surging by X% against the previous year. In general, engine generator imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Over the period under review, engine generator imports reached their peak figure in 2018 and are expected to retain its growth in the near future.

In value terms, engine generator imports amounted to $X in 2018. Over the period under review, engine generator imports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2008 when imports increased by X% y-o-y. Imports peaked at $X in 2012; however, from 2013 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Japan (X units) was the main supplier of engine generator to South Korea, with a X% share of total imports. Moreover, engine generator imports from Japan exceeded the figures recorded by the second-largest supplier, Mexico (X units), twofold. The third position in this ranking was occupied by Romania (X units), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Japan totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+X% per year) and Romania (+X% per year).

In value terms, Japan ($X) constituted the largest supplier of engine generator to South Korea, comprising X% of total engine generator imports. The second position in the ranking was occupied by Mexico ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Japan totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+X% per year) and Spain (+X% per year).

Import Prices by Country

The average engine generator import price stood at $X per unit in 2018, lowering by -X% against the previous year. Overall, the import price indicated a slight increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 an increase of X% y-o-y. Over the period under review, the average import prices for generators for internal combustion engines attained their peak figure at $X per unit in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per unit), while the price for Romania ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 29312250 - Generators for internal combustion engines (including dynamos and alternators) (excluding dual-purpose startergenerators)

This report provides an in-depth analysis of the engine generator market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• South Korea

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Republic of Korea
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018
Ready to Get Started?

We can help you conduct market research and write a report using the most reliable data

Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data