Hansung Engineering

What Hansung Engineering does

Hansung Engineering Co., Ltd. (주식회사 한성엔지니어링) is a privately held South Korean MRO (Maintenance, Repair, and Operations) specialist founded in November 1999 and headquartered in Dongtan-myeon, Hwaseong-si, Gyeonggi-do, with additional manufacturing facilities at the Cheonan Poongse Plant (completed October 2018) and Cheonan Seonggeo Factory (completed January 2020). The company operates a horizontally segmented "total solution" model across four business areas: (1) Electric Power Equipment, distributing and integrating medium/low-voltage devices, relays, metering instruments, transformers, switchgear and inverters; (2) Power Quality, distributing Eaton UPS systems (0.5-20 kVA through large data-center and industrial/marine classes), C&D Technologies, Trojan, Deka, and Ritar batteries, plus proprietary power-quality devices (Active Harmonic Filters, Static Var Compensators, Inverter Harmonic Filters, Zero-Sequence Harmonic Filters, EMI/EMC filters) and UPS maintenance/battery inspection services; (3) Factory Automation, distributing PLCs, inverters, servo systems, orthogonal robots and reducers from YASKAWA and other brands; and (4) Electrical Construction, covering electrical, information/communication, and firefighting construction, plus renewable energy (solar PV, ESS). Its proprietary HuNOS power automation integrated operation system provides software-level integration with power monitoring, thermal-imaging CCTV, and an in-house EMS for solar-linked ESS management. Hansung is also notable historically as the producer of Korea's first digital watt-hour meter in 1962 (predecessor lineage), with approximately 24 million units of that product exported worldwide.

The company's revenue mechanics span hardware distribution margin (Eaton UPS, C&D/Trojan/Deka batteries, LS Electric and Mitsubishi power equipment), electrical construction contract revenue (licensed across electrical, information/communication, and professional firefighting categories), recurring UPS and battery inspection/maintenance services, and software/licensing revenue from the HuNOS platform and EMS solutions. Pricing is quote-based and non-public; the GTM motion is sales-led and consultative, engaging Korean industrial plants via direct inquiry and relationship-based selling across a small headcount (11-50 employees). The customer base is concentrated in Korean industrial plants and facilities requiring reliable power distribution, UPS, power quality solutions, factory automation, and electrical construction; no end customers are publicly named. Strategic brand relationships as authorized/sole distributor in Korea span Eaton, C&D Technologies, Trojan, Deka, Mitsubishi Electric, LS Electric (special contract partner since March 2012), VITZROEM (AFCI since May 2021), and YASKAWA, with leadership under Representative Director Han Ho-dong and co-representative Han Sang-joon per the company footer. Revenue is not publicly disclosed, and the company is founder-owned with no evidence of institutional investment or public listing.

Name

Hansung Engineering

Legal name

주식회사 한성엔지니어링 (Hansung Engineering Co., Ltd.)

Website

https://hs100.co.kr

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

Hansung Engineering (주식회사 한성엔지니어링) is a privately held South Korean MRO specialist founded in 1999, headquartered in Hwaseong-si, that supplies industrial plants and facilities with power equipment, power quality solutions (Eaton UPS, batteries, harmonic filters), factory automation products, and electrical/communication/firefighting construction services, supported by its proprietary HuNOS automation platform.

Ownership category

akta.pro rank

Product category

Industrial Power Equipment

NAICS

Electrical Equipment Manufacturing (3353), Power, Distribution, and Specialty Transformer Manufacturing (335311), Relay and Industrial Control Manufacturing (335314), Electrical Equipment, Appliance, and Component Manufacturing (335)

SIC

Electrical Industrial Apparatus (3620), Power, Distribution & Specialty Transformers (3612), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Industrial Power & Energy Electronics Manufacturing Services (UPS, converters, inverters, chargers) (IMAGAGAI)

akta.pro secondary industries

Specialty Power Systems MRO (Generators, Compressors, Pumps, Welders) (TLAKAHAJ), Building Management & Facility Control Systems (BMS/BAS, Power Monitoring, EPMS) (EUAEAFAJ), Embedded & HMI Electronics Manufacturing (Industrial PCs, HMIs, Panel PCs) (IMAGAGAD)

Keywords

• Power equipment distribution
• Factory automation products
• Electrical construction services
• UPS battery systems
• Power quality solutions

Headquarters

HQ city

Hwasong

HQ country

South Korea

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Power Equipment Sales: Sale of medium voltage equipment (VCB, VC, PF, RMU, LBS, ASS, ALTS), low voltage equipment (ACB, MCCB, ELCB, AFCI, MC, MMS, EMPR, SDB, CP, MCB, SPD), relay/measuring instruments, meters, transformers, switchboards, and inverters. Products are sourced from brand partners (LS Electric, Mitsubishi, VITZROEM, YASKAWA) and distributed to industrial customers.
2. UPS and Battery Distribution: Distribution of Eaton UPS systems (small 0.5-20kVA, large data center UPS, industrial/marine UPS) and batteries (C&D Technologies, Trojan, Deka, RITAR). Revenue generated through agent/distributor margins on branded products.
3. Electrical Construction Services: Electrical construction including electric room, lighting, power, power line, electric heat, aviation lighting, power control, lighting control, and grounding/lightning protection. Also information/communication construction, firefighting equipment construction, and renewable energy (solar PV, ESS).
4. UPS Maintenance and Battery Inspection: Systematic and advanced maintenance services for UPS system infrastructure. Provides total solution for reliable and stable facility operation, including performance/stability/availability guarantees and new technology application recommendations.
5. HuNOS Software and EMS Solutions: Proprietary power automation integrated operation system software providing total solution for automation equipment and power management. Sold as software system with EMS solutions for ESS management.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Hansung Engineering is an MRO specialist providing total solutions in the Korean electric power industry. The company distributes and supports high/low voltage power equipment, transformers, switchgear, relay and metering devices, plus power quality products (UPS, batteries, harmonic filters) and factory automation products (PLC, inverters, servos, robots). It also delivers licensed electrical, information/communication, and firefighting construction services, and sells its proprietary HuNOS power automation integrated operation system with embedded EMS for ESS management.

Product overview

Hansung Engineering is an MRO (Maintenance, Repair, and Operations) specialized company providing comprehensive solutions in the electric power industry. The company offers a broad portfolio of products organized into four main categories: (1) Electric Power Equipment including high voltage devices (VCB, VC, PF, RMU, ALTS, LBS, ASS), low voltage devices (ACB, MCCB, ELCB, AFCI, MC/MS, MMS, EMPR, SDB, CP, MCB, SPD), relay and measurement instruments (GIPAM, DPR, GIMAC, u-RTU), metering devices (digital power meters, SDC-500 demand controller, remote meter reading), transformers (OIL TR, MOLD TR), switchgear (high/low voltage switchgear, Busway System), and high voltage inverters; (2) Power Quality products including Eaton UPS systems (0.5-20kVA small capacity, large IDC, industrial/marine), batteries (C&D, Trojan, Deka, Ritar), and harmonic filters (Active Harmonic Filter, Static Var Compensator, Inverter/Hybrid Harmonic Filter, Zero-Sequence Harmonic Filter, EMI/EMC); (3) Factory Automation (FA) products including PLC, inverters, servo systems, orthogonal robots, and reducers; and (4) Electric Power Construction services covering electrical, information/communication, firefighting, and renewable energy systems, plus HuNOS HMI software for integrated power automation operation.

Differentiator

Problem solved

Functional benefit

Brands

• HuNOS: HuNOS is a power automation integrated operation system developed with proprietary technology. It provides a total solution for automation equipment and power management within a company. It includes power monitoring, thermal imaging monitoring, and ESS system management capabilities.

Products and services

• Power Equipment (High/Low Voltage, Transformers, Switchgear)

Quantifiable outcome

• Approximately 24 million digital power meters produced and exported worldwide since 1962
• +3 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature6 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• EatoncoreChannel Partner/ Reseller/ Distributor · 1 January 2010Eaton UPS and C&D Battery distributor. Registered as Eaton UPS and C&D Battery agent in January 2006. Distributes Eaton UPS products including small (0.5-20kVA), large data center, and industrial/marine UPS systems. Also distributes Eaton Active Harmonic Filter products.
• C&D TechnologiescoreChannel Partner/ Reseller/ Distributor · 1 January 2010C&D Technologies battery distributor registered January 2006. Sole distributor of C&D Technologies batteries in Korea. Distributes long-life 2V and 12V batteries for UPS and power applications.
• Mitsubishi ElectriccoreChannel Partner/ Reseller/ Distributor · 1 July 2006Mitsubishi Electric agency registered in July 2005. Distributes Mitsubishi Electric power equipment products in the Korean market.
• Samsung Electronics (삼성전자)minorOthers · 1 January 2002Registered as Samsung Electronics partner in January 2002. Historical partnership from early company years.
• LS Electric (LS일렉트릭)coreChannel Partner/ Reseller/ DistributorLS Electric partner registered in June 2004, upgraded to special contract partner (특약점) in March 2012. Distributes LS Electric power equipment products. In 2023, additionally registered as LS Electric electric vehicle charger distributor.
• VITZROEM (비츠로이엠)minorChannel Partner/ Reseller/ DistributorListed as a partner company on the company website. In May 2021, registered as VITZROEM arc fault circuit interrupter (AFCI) sales point.
• YASKAWAminorChannel Partner/ Reseller/ DistributorListed as a partner company on the company website. YASKAWA industrial automation products (robots, servo systems) are handled through FA product line.
• Trojan BatteryminorChannel Partner/ Reseller/ DistributorListed as a partner company. Sole distributor of Trojan Battery products in Korea. Supplies industrial and commercial battery solutions.
• Deka (DEKA East Penn Manufacturing Company)minorChannel Partner/ Reseller/ DistributorListed as a partner company. Sole distributor of DEKA batteries in Korea. Part of the battery distribution portfolio alongside C&D Technologies and Trojan Battery.

Scale indicators3 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Vitzro Tech: Korean power equipment specialist covering switchgear, capacitors, and power conditioning. Comparable in HV equipment manufacturing and Korean industrial customer base; Hansung is even a VITZROEM AFCI distributor.
• Iljin Electric: Korean mid-cap electrical equipment company spanning HV/LV switchgear, transformers, and power systems. Directly comparable to Hansung on product breadth, Korean market focus, and customer base of industrial plants and utilities.
• Fine Tec (파인텍): Korean industrial electrical equipment and power systems integrator focused on HV/LV equipment and industrial plant construction. Closely comparable mid-market Korean peer to Hansung's product + construction bundling model.

Broad incumbents

• LS Electric: Korea's largest domestic switchgear, breaker, and power equipment manufacturer and the principal brand Hansung distributes. Comparable on HV/LV equipment, transformers, and EV chargers — but at vastly larger scale with manufacturing depth Hansung cannot match.
• ABB Korea: Global power and automation major with a Korean operation spanning switchgear, drives, transformers, and UPS. Comparable across nearly all product families Hansung handles, but at substantially larger scale with direct manufacturer presence.
• Eaton Korea: Eaton's Korean business — the brand Hansung serves as UPS and Active Harmonic Filter distributor. Directly comparable in UPS, harmonic filtration, and power-quality offerings but as the principal Hansung represents.
• HD Hyundai Electric: Major Korean manufacturer of transformers, switchgear, motors, and rotating equipment. Comparable in product categories Hansung serves (transformers, switchboards, motors) but operates globally with manufacturing rather than distribution scale.
• Hyosung Heavy Industries: Korean manufacturer of transformers, switchgear, motors, and rotating equipment with global reach. Comparable product portfolio in industrial power equipment; significantly larger and includes direct manufacturing Hansung does not attempt.
• Schneider Electric Korea: Global power management, UPS, and switchgear major with significant Korean presence. Comparable on the full stack Hansung sells — UPS, switchboards, building management — but with its own global brand and direct sales force.

Others

• Yaskawa Electric Korea: Factory automation and motion control major; Hansung is a Yaskawa FA product distributor. Comparable on PLCs, servo systems, and industrial robots that Hansung carries, but operates as the brand principal rather than integrator.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hansung Engineering