In-depth Analysis of I2C Bus in Korea from 2024 to 2034

Sales of I2C bus in Korea are expected to reach US$ 228.8 million in 2024, compared to US$ 216.7 million in 2023. Growth of the overall electronics industry is underlying the demand for I2C bus in Korea. This demand is projected to progress at a steady pace from 2024 to 2034, with a CAGR of 7.5%. By 2034, the sale of I2C bus in Korea is predicted to surpass US$ 471.3 million.

Attributes Details
Industry Size for Korea in 2024 US$ 228.8 million
Expected Industry Size for Korea by 2034 US$ 471.3 million
Forecasted CAGR between 2024 to 2034 7.5%

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Key Insights for I2C Bus in Korea

Thriving Electronics Industry fuels the Demand for I2C Bus in Korea

Korea is home to one of the highly advanced electronic industries in the world. The Korea manufacturing sector has gained a strong foothold in the international market, particularly in the manufacturing of smartphones, high-tech appliances, and industrial machinery. In the past few years, the demand for I2C bus in Korea has been experiencing a significant surge. This is because I2C, or Inter-Integrated Circuit, acts as the communication gateway between microcontrollers, sensors, and displays.

There has been a remarkable rise in the significance of the I2C bus as Korea's industrial devices, machinery, and automation systems rely on this technology for smoother workflow. As the demand for efficient, sophisticated, and feature-rich products continues to rise, the I2C bus industry is very likely to experience a rise in the future.

Key Trends for I2C Bus in Korea

  • There is a growing emphasis on incorporating I2C technology into IoT devices, enabling seamless communication between sensors and IoT hubs. This technology is primarily used in smart home and industrial shop floor setups.
  • The automotive sector in Korea is on the rise. With this growth, there is excellent integration of the I2C bus in various applications such as engine control, infotainment systems, and advanced driver-assistance systems (ADAS).
  • There is also an ongoing trend of miniaturization in the Korean marketplace. The demand for smaller components in the electronics industry has significantly driven the adoption of the I2C bus in circuit boards, microchips, motherboards, and so on.
  • The gaming culture in Korea is currently at an all-time high. This has opened new doors for gaming companies to manufacture equipment capable of handling the high performance demands of gaming consoles. These manufacturers actively utilize the I2C bus in their devices to enhance performance.
  • Industrial automation and the emergence of Industry 4.0 have also been significant contributors to the overall I2C bus industry. Its applications in robotics, automated machines, and more have made it the preferred choice for machine tool manufacturers.
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Category-wise Insights

Bidirectional I2C Bus is Gaining Popularity over Unidirectional ones in Korea

Bidirectional I2C bus enables simultaneous communication in both directions, allowing devices to send and receive data on the same bus. In 2024, bidirectional I2C bus is projected to contribute 65.20% of the industry share in Korea by type.

Demand for I2C Bus in Korea by Type Bidirectional
Industry Share in 2024 65.20%

Bidirectional I2C bus excels in scenarios where devices need to be not just passive sensors but active participants in data exchange. This is especially relevant in applications like robotics, automotive systems, and intelligent industrial equipment, where sensors and actuators need to work together seamlessly.

Fast Mode I2C bus finds its Applications in Korea’s Industrial Landscape

Fast mode I2C bus has regained its position in the Korean electronics industry. In 2024, fast-mode I2C bus are expected to account for 28.40% of the industry share in Korea by data transfer modes.

Demand for I2C Bus in Korea by Data Transfer Modes Fast Mode
Industry Share in 2024 28.40%

Fast-mode I2C bus are one of the essential components of micro-controllers and semiconductors require a minimum of 400kbits/sec data transfer speed. This is essential in devices that are heavy in performance.

Competitive Landscape

The competitive landscape for the I2C bus industry is filled with numerous international players who have a strong foothold not just in the Korean industry but all over the world. The global demand for electronic devices, coupled with the presence of technological companies, has made Korea a level-playing field in the electronics sector. Both small brands and industry giants enjoy equal prominence in the industry, as long as they keep up with innovative trends.

Recent Developments Observed in I2C Bus in Korea

  • In 2022, Samsung Electronics developed a new I2C Bus controller that is designed for automotive applications. The controller is compliant with the latest I2C Bus specification and offers a number of features that are important for automotive applications, such as high reliability and low power consumption.
  • In 2023, LG Electronics developed a new I2C Bus transceiver that is designed for industrial automation applications. The transceiver is compliant with the latest I2C Bus specification and offers a number of features that are important for industrial automation applications, such as high EMI immunity and high ESD protection.
  • In 2023, the Korea Institute of Standards and Technology (KIST) developed a new I2C Bus standard that is designed for medical devices. The standard is designed to address the specific needs of medical devices, such as high reliability and low power consumption.

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Some of the Key Players in I2C Bus in Korea

  • Samsung Electronics
  • LG Electronics
  • SK Hynix
  • Hyundai Motor Company
  • Kia Motors
  • Hanwha Systems
  • Doosan Heavy Industries & Construction
  • LS Electronics
  • Samsung Electro-Mechanics
  • LG Innotec

Scope of the Report

Attribute Details
Estimated Industry Size in 2024 US$ 228.8 million
Projected Industry Size by 2034 US$ 471.3 million
Anticipated CAGR between 2024 to 2034 7.5% CAGR
Historical Analysis of Demand for I2C Bus in Korea 2019 to 2023
Demand Forecast for I2C Bus in Korea 2024 to 2034
Report Coverage Industry Size, Industry Trends, Key Insights for Pharmaceutical Packaging in Western Europe, Insights on Global Players and Leading Industry Strategy in Western Europe, Ecosystem Analysis of Local and Regional Western European Providers
Key Companies Profiled
  • Samsung Electronics
  • LG Electronics
  • SK Hynix
  • Hyundai Motor Company
  • Kia Motors
  • Hanwha Systems
  • Doosan Heavy Industries & Construction
  • LS Electronics
  • Samsung Electro-Mechanics
  • LG Innotec
Key Cities
  • South Gyeongsang
  • North Jeolla
  • South Jeolla
  • Jeju

Key Segments Profiled in the Industry Report of I2C Bus in Korea

By Mode:

  • Standard mode (bit rate up to 100 kbit/s)
  • Fast-mode (bit rate up to 400 kbit/s)
  • Fast-mode Plus (bit rate up to 1 Mbit/s)
  • High-speed mode (bit rate up to 3.4 Mbit/s)
  • Ultra-Fast-mode (bit rate up to 5 Mbit/s)

By Type:

  • Bidirectional I2C Bus
  • Unidirectional I2C Bus

By Application:

  • System Management (SMBus)
  • Power Management (PMBus)
  • Intelligent Platform Management Interface (IPMI)
  • Display Data Channel (DDC)
  • Advanced Telecom Computing Architecture (ATCA)

By City:

  • South Gyeongsang
  • North Jeolla
  • South Jeolla
  • Jeju

Frequently Asked Questions

What is the Industry Size of I2C Bus in Korea?

Korea’s I2C bus industry size is estimated to reach US$ 228.8 million in 2024.

What is the Projected Growth Rate for I2C Bus Industry in Korea?

The I2C bus industry is expected to develop at a CAGR of 7.5% through 2034 in Korea.

What is Driving the Demand for I2C Bus in Korea?

Growth in the adoption of electronic devices has driven the demand for I2C bus in Korea.

What is the Preferred Type of I2C Bus in Korea?

Bidirectional I2C bus is the preferred product type in Korea, with an anticipated 65.20% of the industry share in 2024.

Table of Content

1. Executive Summary

    1.1. Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyer’s

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033

    4.1. Historical Market Size Value (US$ Million) & Volume (Unit) Analysis, 2018 to 2022

    4.2. Current and Future Market Size Value (US$ Million) & Volume (Unit) Projections, 2023 to 2033

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) & Volume (Unit) Analysis By Type, 2018 to 2022

    5.3. Current and Future Market Size Value (US$ Million) & Volume (Unit) Analysis and Forecast By Type, 2023 to 2033

        5.3.1. Unidirectional

        5.3.2. Bidirectional

    5.4. Y-o-Y Growth Trend Analysis By Type, 2018 to 2022

    5.5. Absolute $ Opportunity Analysis By Type, 2023 to 2033

6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Data Transfer Modes

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) & Volume (Unit) Analysis By Data Transfer Modes, 2018 to 2022

    6.3. Current and Future Market Size Value (US$ Million) & Volume (Unit) Analysis and Forecast By Data Transfer Modes, 2023 to 2033

        6.3.1. Standard-mode (up to 100 kbit/s)

        6.3.2. Fast-mode (up to 400 kbit/s)

        6.3.3. Fast-mode Plus (up to 1 Mbit/s)

        6.3.4. High-speed mode (up to 3.4 Mbit/s)

        6.3.5. Ultra-fast mode (up to 5 Mbit/s)

    6.4. Y-o-Y Growth Trend Analysis By Data Transfer Modes, 2018 to 2022

    6.5. Absolute $ Opportunity Analysis By Data Transfer Modes, 2023 to 2033

7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Application

    7.1. Introduction / Key Findings

    7.2. Historical Market Size Value (US$ Million) & Volume (Unit) Analysis By Application, 2018 to 2022

    7.3. Current and Future Market Size Value (US$ Million) & Volume (Unit) Analysis and Forecast By Application, 2023 to 2033

        7.3.1. System Management Bus (SMBus)

            7.3.1.1. Standard-mode (up to 100 kbit/s)

            7.3.1.2. Fast-mode (up to 400 kbit/s)

            7.3.1.3. Fast-mode Plus (up to 1 Mbit/s)

            7.3.1.4. High-speed mode (up to 3.4 Mbit/s)

            7.3.1.5. Ultra-fast mode (up to 5 Mbit/s)

        7.3.2. Power Management Bus (PMBus)

            7.3.2.1. Standard-mode (up to 100 kbit/s)

            7.3.2.2. Fast-mode (up to 400 kbit/s)

            7.3.2.3. Fast-mode Plus (up to 1 Mbit/s)

            7.3.2.4. High-speed mode (up to 3.4 Mbit/s)

            7.3.2.5. Ultra-fast mode (up to 5 Mbit/s)

        7.3.3. Intelligent Platform Management Interface (IPMI)

            7.3.3.1. Standard-mode (up to 100 kbit/s)

            7.3.3.2. Fast-mode (up to 400 kbit/s)

            7.3.3.3. Fast-mode Plus (up to 1 Mbit/s)

            7.3.3.4. High-speed mode (up to 3.4 Mbit/s)

            7.3.3.5. Ultra-fast mode (up to 5 Mbit/s)

        7.3.4. Display Data Channel (DDC)

            7.3.4.1. Standard-mode (up to 100 kbit/s)

            7.3.4.2. Fast-mode (up to 400 kbit/s)

            7.3.4.3. Fast-mode Plus (up to 1 Mbit/s)

            7.3.4.4. High-speed mode (up to 3.4 Mbit/s)

            7.3.4.5. Ultra-fast mode (up to 5 Mbit/s)

        7.3.5. Advanced Telecom Computing Architecture (ATCA)

            7.3.5.1. Standard-mode (up to 100 kbit/s)

            7.3.5.2. Fast-mode (up to 400 kbit/s)

            7.3.5.3. Fast-mode Plus (up to 1 Mbit/s)

            7.3.5.4. High-speed mode (up to 3.4 Mbit/s)

            7.3.5.5. Ultra-fast mode (up to 5 Mbit/s)

        7.3.6. Others

            7.3.6.1. Standard-mode (up to 100 kbit/s)

            7.3.6.2. Fast-mode (up to 400 kbit/s)

            7.3.6.3. Fast-mode Plus (up to 1 Mbit/s)

            7.3.6.4. High-speed mode (up to 3.4 Mbit/s)

            7.3.6.5. Ultra-fast mode (up to 5 Mbit/s)

    7.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022

    7.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033

8. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region

    8.1. Introduction

    8.2. Historical Market Size Value (US$ Million) & Volume (Unit) Analysis By Region, 2018 to 2022

    8.3. Current Market Size Value (US$ Million) & Volume (Unit) Analysis and Forecast By Region, 2023 to 2033

        8.3.1. South Gyeongsang

        8.3.2. North Jeolla

        8.3.3. South Jeolla

        8.3.4. Jeju

        8.3.5. Rest of Korea

    8.4. Market Attractiveness Analysis By Region

9. South Gyeongsang Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033

    9.1. Historical Market Size Value (US$ Million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2018 to 2022

    9.2. Market Size Value (US$ Million) & Volume (Unit) Forecast By Market Taxonomy, 2023 to 2033

        9.2.1. By Type

        9.2.2. By Data Transfer Modes

        9.2.3. By Application

    9.3. Market Attractiveness Analysis

        9.3.1. By Type

        9.3.2. By Data Transfer Modes

        9.3.3. By Application

    9.4. Key Takeaways

10. North Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033

    10.1. Historical Market Size Value (US$ Million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2018 to 2022

    10.2. Market Size Value (US$ Million) & Volume (Unit) Forecast By Market Taxonomy, 2023 to 2033

        10.2.1. By Type

        10.2.2. By Data Transfer Modes

        10.2.3. By Application

    10.3. Market Attractiveness Analysis

        10.3.1. By Type

        10.3.2. By Data Transfer Modes

        10.3.3. By Application

    10.4. Key Takeaways

11. South Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033

    11.1. Historical Market Size Value (US$ Million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2018 to 2022

    11.2. Market Size Value (US$ Million) & Volume (Unit) Forecast By Market Taxonomy, 2023 to 2033

        11.2.1. By Type

        11.2.2. By Data Transfer Modes

        11.2.3. By Application

    11.3. Market Attractiveness Analysis

        11.3.1. By Type

        11.3.2. By Data Transfer Modes

        11.3.3. By Application

    11.4. Key Takeaways

12. Jeju Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033

    12.1. Historical Market Size Value (US$ Million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2018 to 2022

    12.2. Market Size Value (US$ Million) & Volume (Unit) Forecast By Market Taxonomy, 2023 to 2033

        12.2.1. By Type

        12.2.2. By Data Transfer Modes

        12.2.3. By Application

    12.3. Market Attractiveness Analysis

        12.3.1. By Type

        12.3.2. By Data Transfer Modes

        12.3.3. By Application

    12.4. Key Takeaways

13. Rest of Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033

    13.1. Historical Market Size Value (US$ Million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2018 to 2022

    13.2. Market Size Value (US$ Million) & Volume (Unit) Forecast By Market Taxonomy, 2023 to 2033

        13.2.1. By Type

        13.2.2. By Data Transfer Modes

        13.2.3. By Application

    13.3. Market Attractiveness Analysis

        13.3.1. By Type

        13.3.2. By Data Transfer Modes

        13.3.3. By Application

    13.4. Key Takeaways

14. Market Structure Analysis

    14.1. Competition Dashboard

    14.2. Competition Benchmarking

    14.3. Market Share Analysis of Top Players

        14.3.1. By Regional

        14.3.2. By Type

        14.3.3. By Data Transfer Modes

        14.3.4. By Application

15. Competition Analysis

    15.1. Competition Deep Dive

        15.1.1. NXP Semiconductors

            15.1.1.1. Overview

            15.1.1.2. Product Portfolio

            15.1.1.3. Profitability by Market Segments

            15.1.1.4. Sales Footprint

            15.1.1.5. Strategy Overview

                15.1.1.5.1. Marketing Strategy

                15.1.1.5.2. Product Strategy

                15.1.1.5.3. Channel Strategy

        15.1.2. Texas Instruments Incorporated

            15.1.2.1. Overview

            15.1.2.2. Product Portfolio

            15.1.2.3. Profitability by Market Segments

            15.1.2.4. Sales Footprint

            15.1.2.5. Strategy Overview

                15.1.2.5.1. Marketing Strategy

                15.1.2.5.2. Product Strategy

                15.1.2.5.3. Channel Strategy

        15.1.3. Intel Corporation

            15.1.3.1. Overview

            15.1.3.2. Product Portfolio

            15.1.3.3. Profitability by Market Segments

            15.1.3.4. Sales Footprint

            15.1.3.5. Strategy Overview

                15.1.3.5.1. Marketing Strategy

                15.1.3.5.2. Product Strategy

                15.1.3.5.3. Channel Strategy

        15.1.4. STMicroelectronics

            15.1.4.1. Overview

            15.1.4.2. Product Portfolio

            15.1.4.3. Profitability by Market Segments

            15.1.4.4. Sales Footprint

            15.1.4.5. Strategy Overview

                15.1.4.5.1. Marketing Strategy

                15.1.4.5.2. Product Strategy

                15.1.4.5.3. Channel Strategy

        15.1.5. Renesas Electronics Corporation

            15.1.5.1. Overview

            15.1.5.2. Product Portfolio

            15.1.5.3. Profitability by Market Segments

            15.1.5.4. Sales Footprint

            15.1.5.5. Strategy Overview

                15.1.5.5.1. Marketing Strategy

                15.1.5.5.2. Product Strategy

                15.1.5.5.3. Channel Strategy

        15.1.6. NEC Corporation

            15.1.6.1. Overview

            15.1.6.2. Product Portfolio

            15.1.6.3. Profitability by Market Segments

            15.1.6.4. Sales Footprint

            15.1.6.5. Strategy Overview

                15.1.6.5.1. Marketing Strategy

                15.1.6.5.2. Product Strategy

                15.1.6.5.3. Channel Strategy

        15.1.7. Nordic Semiconductor

            15.1.7.1. Overview

            15.1.7.2. Product Portfolio

            15.1.7.3. Profitability by Market Segments

            15.1.7.4. Sales Footprint

            15.1.7.5. Strategy Overview

                15.1.7.5.1. Marketing Strategy

                15.1.7.5.2. Product Strategy

                15.1.7.5.3. Channel Strategy

        15.1.8. Soliton Technologies

            15.1.8.1. Overview

            15.1.8.2. Product Portfolio

            15.1.8.3. Profitability by Market Segments

            15.1.8.4. Sales Footprint

            15.1.8.5. Strategy Overview

                15.1.8.5.1. Marketing Strategy

                15.1.8.5.2. Product Strategy

                15.1.8.5.3. Channel Strategy

        15.1.9. Analog Devices

            15.1.9.1. Overview

            15.1.9.2. Product Portfolio

            15.1.9.3. Profitability by Market Segments

            15.1.9.4. Sales Footprint

            15.1.9.5. Strategy Overview

                15.1.9.5.1. Marketing Strategy

                15.1.9.5.2. Product Strategy

                15.1.9.5.3. Channel Strategy

        15.1.10. TDK Corporation

            15.1.10.1. Overview

            15.1.10.2. Product Portfolio

            15.1.10.3. Profitability by Market Segments

            15.1.10.4. Sales Footprint

            15.1.10.5. Strategy Overview

                15.1.10.5.1. Marketing Strategy

                15.1.10.5.2. Product Strategy

                15.1.10.5.3. Channel Strategy

        15.1.11. Maxim Integrated Products Inc.

            15.1.11.1. Overview

            15.1.11.2. Product Portfolio

            15.1.11.3. Profitability by Market Segments

            15.1.11.4. Sales Footprint

            15.1.11.5. Strategy Overview

                15.1.11.5.1. Marketing Strategy

                15.1.11.5.2. Product Strategy

                15.1.11.5.3. Channel Strategy

        15.1.12. Panasonic Corporation

            15.1.12.1. Overview

            15.1.12.2. Product Portfolio

            15.1.12.3. Profitability by Market Segments

            15.1.12.4. Sales Footprint

            15.1.12.5. Strategy Overview

                15.1.12.5.1. Marketing Strategy

                15.1.12.5.2. Product Strategy

                15.1.12.5.3. Channel Strategy

        15.1.13. Silicon Laboratories

            15.1.13.1. Overview

            15.1.13.2. Product Portfolio

            15.1.13.3. Profitability by Market Segments

            15.1.13.4. Sales Footprint

            15.1.13.5. Strategy Overview

                15.1.13.5.1. Marketing Strategy

                15.1.13.5.2. Product Strategy

                15.1.13.5.3. Channel Strategy

        15.1.14. Infineon Technologies AG

            15.1.14.1. Overview

            15.1.14.2. Product Portfolio

            15.1.14.3. Profitability by Market Segments

            15.1.14.4. Sales Footprint

            15.1.14.5. Strategy Overview

                15.1.14.5.1. Marketing Strategy

                15.1.14.5.2. Product Strategy

                15.1.14.5.3. Channel Strategy

16. Assumptions & Acronyms Used

17. Research Methodology

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