Market revenue in 2025 | USD 95.1 million |
Market revenue in 2030 | USD 147.3 million |
Growth rate | 9.1% (CAGR from 2025 to 2030) |
Largest segment | Land |
Fastest growing segment | Land |
Historical data | 2018 - 2024 |
Base year | 2025 |
Forecast period | 2026 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Land, Ocean |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to rope access services market will help companies and investors design strategic landscapes.
Land was the largest segment with a revenue share of 73.08% in 2024. Horizon Databook has segmented the South Korea rope access services market based on land, ocean covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of the market in South Korea is driven by factors such as growing end-use industries such as telecommunication and energy, and power. In addition, strategic initiatives by several companies in the field of rope access services can further contribute to the market's growth. In August 2024, Applus+ in Korea secured a three-year framework agreement with a major South Korean petrochemical company to inspect the interiors of 20 sphere tanks.
This agreement utilizes Applus+'s innovative HEX access system, offering an alternative to the traditional full scaffolding method typically used for accessing work scopes. The HEX access system presents a revolutionary access solution that removes the need for extensive scaffolding, traditionally required to accommodate personnel. By incorporating rope access inspection techniques, the HEX access system provides a more efficient and robust solution, delivering multiple advantages for clients. Such initiatives are expected to propel the growth of the market during the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea rope access services market , including forecasts for subscribers. This country databook contains high-level insights into South Korea rope access services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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