Korea’s Automated People Mover Market Accelerates Growth as Smart, Sustainable Transit Takes Center Stage
The Automated People Mover (APM) Market in South Korea is gaining strong momentum as the country intensifies its focus on sustainable urban mobility, smart infrastructure, and next-generation transit technologies. According to the latest market analysis, the Korean APM market is projected to grow at an upgraded CAGR of 5.4%, expanding from USD 114.65 million in 2024 to USD 177.29 million by 2034. This upward revision reflects increasing investments in eco-friendly transportation, airport modernization, and smart city development across the nation.
Automated People Movers—fully automated, driverless transit systems—are becoming a vital solution for Korea’s densely populated urban centers and rapidly expanding airports. With their high reliability, lower operating costs, and energy-efficient designs, APMs are emerging as a preferred alternative to conventional rail and bus systems.
Request Report Sample: https://marketmindsadvisory.com/request-sample/?report_id=5254
Market Overview: Smart Mobility for a Growing Nation
South Korea’s rapid urbanization and commitment to carbon reduction are reshaping public transportation priorities. APM systems align seamlessly with these objectives by offering compact infrastructure footprints, reduced emissions, and minimal maintenance requirements. As cities grow vertically and horizontally, APMs provide efficient point-to-point connectivity, particularly in airports, urban transit corridors, commercial complexes, and tourism-driven regions.
Both established global manufacturers and emerging regional players are actively expanding their presence in Korea, forming partnerships, localizing production, and introducing advanced technologies to capture long-term growth opportunities.
Key Trends Shaping the Korean APM Market
Sustainability and Cost-Effectiveness
Sustainability is a central pillar of Korea’s transportation strategy. APM systems consume less energy than traditional rail systems and support electric and regenerative braking technologies. Their lower lifecycle costs and high operational reliability make them attractive for municipalities seeking long-term cost savings while meeting environmental targets.
Technological Innovations
The Korean APM market is witnessing rapid integration of artificial intelligence (AI), Internet of Things (IoT), and smart control systems. These technologies enable predictive maintenance, real-time monitoring, and seamless operations. Enhanced passenger safety features—such as advanced signaling, automated fault detection, and intelligent crowd management—are further strengthening system performance and public trust.
Rising Air Travel and Urban Expansion
Airports are a major growth engine for the market. Facilities in South Gyeongsang and Jeju Island are expanding APM deployments to manage increasing passenger volumes efficiently. At the same time, urban regions in North and South Jeolla are integrating APMs into smart city projects, improving last-mile connectivity and reducing traffic congestion.
Browse the Complete Report: https://marketmindsadvisory.com/automated-people-mover-market-trends/
Market Segmentation: Clear Leaders Emerge
By System Type:
Duo rail systems dominate the Korean market, accounting for 81.3% of market share in 2024. Their compact, space-saving design and adaptability to dense urban environments make them ideal for both airports and city applications.
Monorail systems hold around 12%, favored for mid-sized urban projects due to cost efficiency.
Automated Guideway Transit systems, including maglev-based solutions, represent 6.7%, suitable for high-speed and longer-distance applications.
By Application:
Airports remain the largest application segment, commanding 63.4% market share in 2024, as operators prioritize smooth passenger flow between terminals and transport hubs.
Urban transit follows with 28%, driven by smart city initiatives and urban redevelopment.
Amusement parks and commercial centers together account for the remaining share, where APMs enhance visitor experience and shopper mobility.
Regional Insights: Growth Across Key Provinces
South Gyeongsang
This region is witnessing strong APM adoption, particularly at airports handling rising air traffic. Government-backed infrastructure initiatives and modernization programs are accelerating deployments of advanced, energy-efficient systems.
North Jeolla
North Jeolla is emerging as a manufacturing and export hub for APM systems. Strong domestic demand, combined with growing international collaborations, positions the region as a strategic base for both established OEMs and new manufacturers seeking global expansion.
Jeju Island
Driven by tourism, Jeju Island is focusing on APM deployments that improve visitor convenience while preserving environmental sustainability. Automated systems support the island’s vision of eco-friendly tourism and smart mobility.
Competitive Landscape: Innovation and Expansion in Focus
The Korean APM market features a competitive mix of global leaders and technology-focused players, all emphasizing innovation, sustainability, and localization. Key companies include:
- Siemens AG, known for advanced APM solutions tailored for airports and urban transit
- Bombardier Transportation, a global leader expanding its footprint across Asia
- Mitsubishi Heavy Industries (MHI), offering comprehensive and reliable APM systems
- Hitachi, Ltd., leveraging strong expertise in rail and automated transit technologies
In addition to these established players, emerging manufacturers are entering the market with modular designs, AI-driven systems, and cost-optimized solutions, intensifying competition and accelerating technological progress.
Recent Developments Highlight Market Momentum
Recent innovations underscore the market’s dynamic nature. Siemens has introduced AI-powered APM systems designed to reduce operational costs while improving efficiency and reliability. Meanwhile, Bombardier continues to secure new contracts across Asia, reinforcing its commitment to high-capacity and next-generation APM deployments.
At Market Minds, we’re more than just consultants—we’re partners in your journey to growth and success. We combine deep industry expertise with cutting-edge research to uncover insights that truly matter, helping you navigate challenges and seize opportunities with confidence. Whether it’s adapting to market shifts, exploring new revenue streams, or staying ahead of emerging trends, our focus is always on delivering tailored solutions that drive real results. With us, you’re not just getting advice—you’re gaining a trusted team dedicated to your success, every step of the way.
Contact Us
Market Minds Advisory
86 Great Portland Street, Mayfair,
London, W1W7FG,
England, United Kingdom
Phone No.: +44 020 3807 7725
Email: marketing@marketmindsadvisory.com
