Best Auto Components Companies in South Korea
The 267 best Auto Components companies in South Korea in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Hanon Systems.
$312 million in disclosed funding across 267 tracked companies tells you exactly where South Korea's Auto Components sector stands: well-capitalized at the top, thinly funded everywhere else. This directory ranks the leading Auto Components companies in South Korea by disclosed equity funding and recent funding momentum, and the distribution is stark. Hanon Systems alone accounts for $248 million of that total. Cap follows at $58 million. After that, the numbers fall off fast, with Adro at $4 million and most of the field operating on under a million in disclosed capital.
So what's actually moving here? Automotive-adjacent apps are posting median install growth of roughly 22% year-over-year across 552 tracked apps, which signals genuine end-user engagement even when funding rounds stay quiet. Trade headwinds matter too: new import duties reshaping export economics are a reminder that component manufacturers don't operate in a vacuum. Korea Investment Holdings and Shinhan Venture Investment are the most active backers in our data, and the hot themes I keep seeing in coverage include autonomous vehicle systems and vehicle sales forecasts. The funding concentration is real, but the underlying sector activity suggests more companies are building than the capital tables currently reflect.
Ranked: Best Auto Components companies in South Korea
| # | Company | Disclosed funding | Last round | Revenue | Employees | Founder | Tech stack | Market signals (1y) | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Aconl Company Luxl Co Ltd formerly known as Aconl Co Ltd operates in the auto part industry in South Korea. | — | — | — | 31 | — | — | — | — | — |
| 2 | Actro Actro Co Ltd is a Korean company engaged in manufacturing Optical Image Stabilizer and Voice Coil Motor. | — | — | — | 51 | — | PHPApache HTTP ServerjQuery | — | 36 patents Precision metrology for camera lens assembly and optical component alignment | — |
| 3 | AFW Manufacturer and supplier of automotive parts | — | — | — | 55 | Jin Jung CEO | YouTubeMicrosoft ASP.NETfullPage.js+4 | — | — | — |
| 4 | AIC Manufacturer and supplier of automotive components to OEMs | — | — | — | — | Choi Joon Kook CEO & President | — | — | 7 patents Induction-compatible cookware design and manufacturing processes for electric cooking ranges | — |
| 5 | Ajin Industry Manufacturer and supplier of major auto components | — | — | — | — | Jung Ho Seo CEO | GnuboardMySQLPHP+8 | — | — | — |
| 6 | Alloy commercial wheel Manufacturer and supplier of alloy wheels | — | — | — | 63 | — | — | — | — | — |
| 7 | Almac ALMAC Co Ltd engages in specializing in aluminum extrusion. | — | — | — | 143 | — | GnuboardMySQLPHP+11 | — | 9 patents Design and manufacturing of EV battery module casings and related metal forming processes | — |
| 8 | Anchem Manufacturer of radiation insulation, abrasion protection, and other products | — | — | — | — | Youngsoo Kim CEO | — | — | — | — |
Top 12 Auto Components companies in South Korea
#1
Acquired · Daejeon, Daejeon · founded 1986 · 313 employees$247.9Mraised▾
Hanon Systems (fka Halla Visteon Climate Control Corporation) manufactures climate control systems for automobile applications. Their thermal management solutions include heating ventilation and air conditioning; compressors; powertrain cooling; fluid transport; and electric, hybrid and fuel cell vehicle thermal systems. It has 40 manufacturing sites supported by four global technical centers in 19 countries.
#2
Series A · Yongin si, Gyeonggi do · founded 2020 · 19 employees$3.9Mraised▾
Manufacturer of high-quality aerodynamic body kits, specializing in carbon fiber front lips, side skirts, and other accessories for various car models, including BMW, Toyota GR86, Subaru BRZ, and Tesla Model 3. They offer a wide selection of aftermarket body kits to enhance the sportiness and style of cars.
- Jul 2024Series A$3.9M
#3
Seed · Pohang, Gyeongsangbuk-do · founded 2023$747.4Kraised▾
Manufacturer of motors for electric vehicles. The company develops non-permanent magnet synchronous motor, magnetic powder, and more.
- Nov 2024Seed$640.1K
- Jan 2024Seed$747.4K
#4
Late Stage · Sangju si, North Gyeongsang Province · founded 1995$58Mraised▾
CAP Corporation is a manufacturer and supplier of wipers. Manufactures wiper blades, wiper arms and linkages for automobiles.
- May 2010PE$58M
#5
Acquired · Seoul, Seoul · founded 2014 · 28 employees$1.3Mraised▾
Manufacturer of semiconductors designed for vehicles. The company specializes in automotive networking technologies and focuses on developing products of essential use in autonomous vehicles, providing car manufacturers with automotive semiconductors.
- Sep 2020Seed$1.3M
#6
Seed · Changwon, Gyeongsangnam-do · founded 2015 · 8 employees—raised▾
Developer of high-efficiency hydrogen fuel cell and AFPM motor systems for micro-mobility. It designs and manufactures AFPM motors, known for their lightweight and high-power output, and hydrogen fuel cell powertrains offering fast charging and extended range. The company also develops a green hydrogen production and charging system. These solutions are targeted at the micro-mobility sector, including cargo bikes and other light electric vehicles. Its business model includes direct sales to manufacturers and the development of complete micro-mobility solutions.
- Mar 2026Seed—
#7
Seed · Incheon, Incheon · founded 2021—raised▾
Provider of engine, gearboxes, steering, and chassis & electronics parts
- Jul 2023Seed—
#8
Public · Yangsan si, South Gyeongsang Province · founded 1942 · 4153 employees—raised▾
Manufacturer and supplier of tires to OEMs
#9
Public · South Korea · founded 1947 · 29573 employees—raised▾
Manufacturer of petrochemicals, advanced materials, and innovative life science solutions. The company focuses on productivity and cost competitiveness in the petrochemical sector. It enhances business competitiveness in specialty materials through a market-oriented approach. The company aims to develop innovative new drugs as a future growth engine.
#10
Public · Incheon, Incheon · founded 1972 · 912 employees—raised▾
HANDS Corporation is a manufacturer and supplier of wheels to OEMs. Manufactures aluminum alloy wheel for automobiles. Clientele includes major domestic and overseas OEMs like Hyundai, KIA Motors, GM Korea, Nissan, Volkswagen.
#11
Late Stage · Ansan-si, Gyeonggi-do · founded 1973 · 60 employees—raised▾
LS Automotive is a manufacturer and supplier of electrical and electronic components. The manufactured components include switches like power window switch, console switch, interior switch, combination switch, remocon switch and inhibitor switch, interior lamp like overhead console lamp (led/bulb) and room lamp, body control system like ATAS, BCM, ECU and VESS, sensors like steering angle sensor, torque only sensor, torque angle sensor, resolver and current transducer sensor, power like DC/DC converter, hid ballast and inverter and mechatronic components like e-relay, plug-in relay, PCB relay, ring shape terminal and ABS/ESC coil housing for automotives.
#12
Public · Daejeon, Daejeon · founded 2006—raised▾
Truwin is a manufacturer and supplier of sensors. Manufactures contact and non-contact sensors, coil assembly products, pedal sensors, clutch pedal sensor, brake pedal sensor, accelerator pedal sensor, throttle position sensor, electronic shift monitor sensor, brake pedal switch, coil assembly for oil control valves & injectors and throttle position sensors for automotive industry.
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Auto Components coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.