Sales of I2C bus in Korea are expected to reach USD 228.8 million in 2024, compared to USD 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 USD 471.3 million.
| Attributes | Details |
|---|---|
| Industry Size for Korea in 2024 | USD 228.8 million |
| Expected Industry Size for Korea by 2034 | USD 471.3 million |
| Forecasted CAGR between 2024 to 2034 | 7.5% |
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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.
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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 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.
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
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| Attribute | Details |
|---|---|
| Estimated Industry Size in 2024 | USD 228.8 million |
| Projected Industry Size by 2034 | USD 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 |
Korea’s I2C bus industry size is estimated to reach USD 228.8 million in 2024.
The I2C bus industry is expected to develop at a CAGR of 7.5% through 2034 in Korea.
Growth in the adoption of electronic devices has driven the demand for 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.
1. Executive Summary 2. Market Overview 3. Market Background 4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033 5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Type 5.1. Unidirectional 5.2. Bidirectional 6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Data Transfer Modes 6.1. Standard-mode (up to 100 kbit/s) 6.2. Fast-mode (up to 400 kbit/s) 6.3. Fast-mode Plus (up to 1 Mbit/s) 6.4. High-speed mode (up to 3.4 Mbit/s) 6.5. Ultra-fast mode (up to 5 Mbit/s) 7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Application 7.1. System Management Bus (SMBus) 7.1.1. Standard-mode (up to 100 kbit/s) 7.1.2. Fast-mode (up to 400 kbit/s) 7.1.3. Fast-mode Plus (up to 1 Mbit/s) 7.1.4. High-speed mode (up to 3.4 Mbit/s) 7.1.5. Ultra-fast mode (up to 5 Mbit/s) 7.2. Power Management Bus (PMBus) 7.2.1. Standard-mode (up to 100 kbit/s) 7.2.2. Fast-mode (up to 400 kbit/s) 7.2.3. Fast-mode Plus (up to 1 Mbit/s) 7.2.4. High-speed mode (up to 3.4 Mbit/s) 7.2.5. Ultra-fast mode (up to 5 Mbit/s) 7.3. Intelligent Platform Management Interface (IPMI) 7.3.1. Standard-mode (up to 100 kbit/s) 7.3.2. Fast-mode (up to 400 kbit/s) 7.3.3. Fast-mode Plus (up to 1 Mbit/s) 7.3.4. High-speed mode (up to 3.4 Mbit/s) 7.3.5. Ultra-fast mode (up to 5 Mbit/s) 7.4. Display Data Channel (DDC) 7.4.1. Standard-mode (up to 100 kbit/s) 7.4.2. Fast-mode (up to 400 kbit/s) 7.4.3. Fast-mode Plus (up to 1 Mbit/s) 7.4.4. High-speed mode (up to 3.4 Mbit/s) 7.4.5. Ultra-fast mode (up to 5 Mbit/s) 7.5. Advanced Telecom Computing Architecture (ATCA) 7.5.1. Standard-mode (up to 100 kbit/s) 7.5.2. Fast-mode (up to 400 kbit/s) 7.5.3. Fast-mode Plus (up to 1 Mbit/s) 7.5.4. High-speed mode (up to 3.4 Mbit/s) 7.5.5. Ultra-fast mode (up to 5 Mbit/s) 7.6. Others 7.6.1. Standard-mode (up to 100 kbit/s) 7.6.2. Fast-mode (up to 400 kbit/s) 7.6.3. Fast-mode Plus (up to 1 Mbit/s) 7.6.4. High-speed mode (up to 3.4 Mbit/s) 7.6.5. Ultra-fast mode (up to 5 Mbit/s) 8. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. South Gyeongsang 8.2. North Jeolla 8.3. South Jeolla 8.4. Jeju 8.5. Rest of Korea 9. South Gyeongsang Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 10. North Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 11. South Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 12. Jeju Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 13. Rest of Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 14. Market Structure Analysis 15. Competition Analysis 15.1. NXP Semiconductors 15.2. Texas Instruments Incorporated 15.3. Intel Corporation 15.4. STMicroelectronics 15.5. Renesas Electronics Corporation 15.6. NEC Corporation 15.7. Nordic Semiconductor 15.8. Soliton Technologies 15.9. Analog Devices 15.10. TDK Corporation 15.11. Maxim Integrated Products Inc. 15.12. Panasonic Corporation 15.13. Silicon Laboratories 15.14. Infineon Technologies AG 16. Assumptions & Acronyms Used 17. Research Methodology
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I2C Bus Industry Analysis in Korea
