Name

KTE

Legal name

주식회사 케이티이 (KTE Co., Ltd.)

Website

https://kte.co.kr

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Marine Electrical Equipment

NAICS

Switchgear and Switchboard Apparatus Manufacturing (335313), Ship Building and Repairing (336611), Ship and Boat Building (3366), Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511)

SIC

Switchgear & Switchboard Apparatus (3613), Ship & Boat Building & Repairing (3730), Industrial Instruments For Measurement, Display, And Control (3823), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Integrated Marine Electrical Systems & Switchboards (IMAJAJAA)

akta.pro secondary industries

Shipboard Electrical Distribution, Power Conversion & Automation (IMABAKAG), Shipboard Propulsion, Power Generation & Energy Storage (IMABAKAF), Submarine Energy Storage & Power Distribution Manufacturing (Batteries, Switchboards, Converters) (IMAJAOAG), Propulsion Integration, Commissioning & Testing (Factory/sea trials, alignment) (IMAJAHAM), Electrical Engineering & Power Distribution (Generation, Switchboards, Cabling, Lighting) (IMAJAGAF)

Keywords

• Marine electrical equipment
• Shipboard power distribution
• Switchboard manufacturing
• Marine side thrusters
• Naval defense systems

Headquarters

HQ city

Busan

HQ country

South Korea

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Switchboard Systems (SWBD): Marine switchboard systems including main switchboards, emergency switchboards, cargo switchboards, and distribution boards for commercial ships, offshore platforms, and naval vessels.
2. Power Management Systems (PMS): Power management and control systems including UNOSYS-P100, PMS-2500, and KT-PMS for generator synchronization and load management.
3. Side Thrusters: Controllable and fixed pitch propeller thrusters with associated control systems for vessel maneuvering and positioning.
4. Defense Products: Military-grade switchboards, IPMS, converters, inverters, and fuel cell control systems for naval submarines and surface ships meeting US-MIL-STANDARD and NATO STANAG requirements.
5. Engineering Services: SWBD and Thruster maintenance, retrofit, and overhaul services including spare parts supply and technical support.
6. Control & Automation Products: Control consoles, monitoring systems, navigation equipment, battery chargers, purifiers, and motor controllers for marine applications.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

KTE designs, manufactures, and services shipboard electrical and control equipment for commercial vessels, offshore platforms, and naval submarines/surface ships. Its portfolio spans low-voltage and medium-voltage switchboards, power management systems, side thrusters, integrated platform management systems for submarines, defense-grade switchboards meeting MIL/NATO standards, and eco-friendly energy solutions including tidal power, fuel cells, and AMP shore power. Revenue is generated primarily through hardware sales to shipbuilders and ship owners with recurring engineering service revenue from maintenance, retrofit, and overhaul contracts.

Product overview

KTE (주식회사 케이티이) is a Korean shipbuilding electrical equipment manufacturer established in 1979, offering a comprehensive portfolio of marine electrical and control systems. The product architecture consists of core switchboard products (KTE LV/MV Models, Schneider Electric OKKEN and MCset under license) as the foundational power distribution infrastructure, complemented by Power Management Systems (PMS-2500, KT-PMS, UNOSYS-P100) for power control. Side Thrusters (TCT CPP Type, TFN/TFT FPP Type) with dedicated Thruster Control Systems address vessel maneuvering needs. The defense segment includes MIL/NATO compliant switchboards and submarine systems (IPMS, Converter/Inverter, FCCB, Battery Charging panels). Control and monitoring is handled through Control Consoles and CAMS (UNOSYS-C100, KTMS-2500). Eco-friendly energy solutions encompass Tidal Power Systems, Fuel Cells, and AMP Systems for shore power. The company also provides Electric Propulsion Systems with Smart Ship Solutions for next-generation vessels, along with engineering services including SWBD and Thruster maintenance/retrofit. Recent international expansion includes partnerships with Canadian firm AKA Energy Systems for submarine power distribution systems under Hanwha Ocean's Canadian Patrol Submarine Project.

Differentiator

Problem solved

Functional benefit

Products and services

• KTE LV Model Low Voltage Switchboard Low voltage switchboard for commercial ships, compliant with IEC 61439-1 standard, providing power supply, system protection, control, and monitoring for vessels. For shipbuilders and shipping operators outfitting commercial fleets.
• KTE MV Model (KHMS Series) Medium Voltage Switchboard Withdrawable type medium voltage switchboard compliant with IEC 62271-200, designed for protection of transformers, motors, generators, capacitors, and power distribution on commercial vessels and industrial sites. For shipbuilders and industrial plant operators.
• Schneider Electric OKKEN Low Voltage Switchboard Low voltage switchboard designed for critical large-site applications including offshore platforms and industrial plants, type-tested per IEC 60439-1. Manufactured in Korea under the Schneider-KTE joint venture with Schneider Electric for the domestic market.
• Schneider Electric MCset High Voltage Switchboard High voltage standardized units, insulated air metal-clad type, for power distribution applications including motor control up to 4000A. Produced domestically under the Schneider-KTE joint venture with Schneider Electric.
• UNOSYS-P100 Power Management System Digital signal controller for switchboards, generators, and circuit breakers that manages power generation and consumption balance across marine vessels. For shipbuilders and ship operators needing automated power management on commercial and naval vessels.
• PMS-2500 Power Management System Power Management System designed for parallel running of more than two generators, suitable for ships, plants, trains, and power plant facilities. For large vessels and power facilities requiring multi-generator synchronization.
• KT-PMS Power Management Control System Power Management Control System for parallel running of generators with automatic synchronizing and electric power level control. For shipbuilders and operators running multi-generator vessels.
• TCT Model (CPP) Side Thruster Controllable Pitch Propeller thruster providing variable thrust in port/starboard directions by controlling blade pitch at constant rotational speed, with low-noise and low-vibration technology. For shipbuilders and shipping operators outfitting new vessels or replacing thrusters.
• TFN/TFT Model (FPP) Side Thruster Fixed Pitch Propeller thruster enabling port/starboard thrust by controlling rotation direction and speed through electric motor, diesel engine, or hydraulic motor drive. For shipbuilders requiring reliable ship maneuvering.
• Thruster Control System Dedicated controller for thrusters that detects control commands and feedback values to regulate blade angle using a follow-up control algorithm. For shipbuilders and operators pairing with KTE side thrusters.
• SWBD for MIL Type Defense Switchboard Military switchboard meeting US-MIL-STANDARD requirements including shock, vibration, temperature, humidity, and corrosion resistance for naval vessel applications. For naval shipbuilders and military procurement.
• SWBD for NATO Type Defense Switchboard Naval switchboard compliant with NATO STANAG regulations, supplied to UK, Norway, New Zealand, Thailand, Philippines, and other countries. For naval shipbuilders and allied navies.
• IPMS (Integrated Platform Management System) for Submarines Integrated automation system for monitoring and control of 64 subsystems and equipment on submarines, enabling single-operator surveillance and control. For naval shipbuilders and navy procurement programs including Jang Bogo III Batch-I.
• Submarine Converter and Inverter Systems DC 220V converter and AC 115V inverter systems for submarines, meeting MIL-STD-461F EMI/EMC, MIL-S-901D shock, and MIL-STD-167-1A vibration standards. For naval submarine builders.
• FCCB (Fuel Cell Control Board) for Submarine AIP Fuel Cell Control Board for comprehensive operation and control of Air Independent Propulsion (AIP) fuel cell systems including cooling, hydrogen supply, and power conversion. For next-generation submarine programs.
• Submarine Battery Charging and Load Dispatching Panel Submarine battery charging and hotel load power distribution equipment with water-cooled cooling system for various power supply requirements. For naval submarine newbuild programs.
• Control Console for Ships Ergonomically designed control console for ship navigation including Engine Control Console, Cargo Control Console, and Bridge Control Console. For shipbuilders delivering commercial vessels.
• UNOSYS-C100 Control and Monitoring System Control and monitoring system designed by standard modules communicating on serial instrument net, local area network, and local operator network for all ship types. For shipbuilders and ship operators.
• KTMS-2500 Alarm Monitoring and Control System Alarm Monitoring and Control System for observing and controlling conditions of electrical or mechanical equipment installed on ships, plants, and buildings. For shipbuilders and industrial plant operators.
• Electric Propulsion System Ship propulsion system combining generator and battery power with Power Management System (PMS), Energy Management System (EMS), hotel load inverters, propulsion motor inverters, and Rim Driven Propulsion technology. For shipbuilders delivering next-generation electric and hybrid vessels.
• Smart Ship Solution Smart switchboard power management system providing power network management, energy cost management, and electrical asset management with real-time monitoring. For ship operators adopting cloud-based energy monitoring.
• Tidal Power Generation System Variable pitch 1MW-class tidal power generation system utilizing tidal flow energy for electricity production, targeting commercial deployment. For utilities, coastal developers, and renewable energy projects.
• Hydrogen Fuel Cell Systems Hydrogen fuel cell and reformer control technology for ship and land-based power generation systems, and hydrogen charging station equipment. For shipbuilders and renewable energy/transportation infrastructure developers.
• AMP System (Alternate Maritime Power / Shore Power) Shore-to-ship power supply system enabling vessels at berth to receive power from land instead of running diesel engines, reducing carbon emissions. For ports, terminals, and ship operators complying with emissions regulations at berth.
• HILS (Hardware-in-the-Loop Simulator) Hardware-in-the-Loop Simulator for testing ship equipment performance and integrated electrical propulsion system testing with simulated signals. For shipbuilders and naval program offices requiring system validation prior to installation.
• KMCC Series Switchboard for Offshore Applications Withdrawable type low voltage switchboard for offshore applications combining motor control and power distribution functions with compact and flexible design. For offshore platform builders, EPC contractors, and shipyards serving the offshore market.
• Switchboards for EPC Industry Low voltage and high voltage switchboards for land-based industrial applications including data centers, transforming stations, and power projects. For EPC contractors and industrial facility operators in Korea.
• SWBD Maintenance and Retrofit Service Maintenance and retrofit services for switchboards including 5-year and 10-year inspection cycles, SEPAM relay replacement, and GCB replacement. For commercial shipping operators with installed KTE switchboards.
• Thruster Maintenance and Retrofit Service Thruster overhaul and retrofit services including standby thruster replacement and controller system upgrades (KT-TCS to KT-ITCS). For global shipping operators including MAERSK, NYK, MSC.
• Power System Simulation and Analysis Service Power system simulation and analysis using ETAP software covering Short Circuit, Arc Flash, Load Flow, Motor Acceleration, and Coordination and Selectivity studies. For shipbuilders, EPC contractors, and industrial plant operators.

Quantifiable outcome

• Over 2,500 vessels equipped with KTE systems since 1979
• +4 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Hanwha OceancoreStrategic or Co-development Partner · 9 March 2026Partnership for Canada's Canadian Patrol Submarine Project (CPSP) with 60 trillion KRW opportunity. KTE participates as part of Hanwha Ocean's global supply chain team, contributing submarine electrical systems and power management expertise.
• University of TorontominorStrategic or Co-development Partner · 9 March 2026Academic MOU signed for research and workforce development in AI-enabled naval systems as part of CPSP Partners' Day.
• University of New BrunswickminorStrategic or Co-development Partner · 9 March 2026Academic MOU signed for underwater acoustics research and workforce development as part of CPSP Partners' Day.
• Dalhousie UniversityminorStrategic or Co-development Partner · 9 March 2026Academic MOU signed for Arctic-capable vessel technologies research and workforce development as part of CPSP Partners' Day.
• AKA Energy Systems (Aspin Kemp & Associates)coreStrategic or Co-development Partner · 5 March 2025Tri-party teaming agreement with Hanwha Ocean and AKA Energy Systems signed March 5, 2025, at CPSP Partners' Day in Ottawa for Canada's Canadian Patrol Submarine Project. Cooperation covers submarine power distribution, electrical and control systems, and propulsion technologies. KTE and AKA also signed an MOU on May 2, 2025, expanding collaboration beyond the submarine program to marine, oil & gas, and naval sectors.
• Schneider ElectriccoreOEM/ Whitelabel/ Licensing Partner · 11 September 2018Joint venture (Schneider-KTE) established September 2018 to manufacture Schneider Electric medium and low voltage switchboard models exclusively for the Korean market. KTE provides manufacturing and engineering capabilities while Schneider Electric contributes products, R&D, and sales expertise. Focus on high-reliability intelligent switchboards for domestic energy-intensive plants and intelligent buildings.
• GeoSpectrum TechnologiesminorStrategic or Co-development PartnerCanadian company partner in CPSP submarine project tri-party agreement with Hanwha Ocean.
• Ultra MaritimeminorStrategic or Co-development PartnerCanadian company partner in CPSP submarine project tri-party agreement with Hanwha Ocean.
• J-Squared TechnologiesminorStrategic or Co-development PartnerCanadian company partner in CPSP submarine project tri-party agreement with Hanwha Ocean.
• Safran Trusted 4D CanadaminorStrategic or Co-development PartnerCanadian company partner in CPSP submarine project tri-party agreement with Hanwha Ocean, with Safran Electronics & Defense as international partner.
• LIG Nex1 (South Korea)minorStrategic or Co-development PartnerSouth Korean defense technology partner in CPSP submarine project tri-party agreement.
• WooritechminorStrategic or Co-development PartnerMOU signed May 4, 2021, for business cooperation in surveillance and control systems for plants, ships, and naval vessels.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Praxis Automation Technology: Praxis Automation specializes in shipboard automation, integrated platform management, and electrical systems for naval and specialized commercial vessels, making it a closely comparable mid-sized peer to KTE's IPMS and control console offerings.

Broad incumbents

• Kongsberg Maritime: Kongsberg Maritime delivers integrated shipboard automation, integrated platform management systems for submarines, and naval combat system integration, making it a direct competitor to KTE in submarine IPMS and naval control systems.
• L3Harris Technologies (Naval Power & Propulsion): L3Harris supplies naval electrical, power conversion, and integrated platform management systems for submarines and surface combatants across multiple allied navies, directly overlapping with KTE's MIL-spec switchboard, converter/inverter, and submarine IPMS portfolio.
• ABB Marine & Ports (Hitachi Energy): ABB Marine (now part of Hitachi Energy) supplies integrated marine electrical systems, switchboards, power management, and electric propulsion for commercial and naval vessels. It competes with KTE across PMS, switchboards, and propulsion controllers, but at a much larger global scale.
• Wärtsilä SAM Electronics: Wärtsilä's SAM Electronics division provides integrated bridge systems, automation, and shipboard electrical/control solutions for commercial and naval markets, overlapping with KTE's IPMS, PMS, and navigation/control product lines.
• HD Hyundai Heavy Industries (Electrical & Electronic Systems): HD Hyundai's in-house electrical systems division supplies shipboard switchboards, PMS, and integrated systems for its own shipyards, competing with KTE on naval and commercial vessels built by Korean yards including KTE's own customer base.
• Siemens Energy Marine Solutions: Siemens Energy supplies marine electrical propulsion systems, switchboards, and power management for naval and commercial vessels. It is a direct competitor on PMS and integrated power systems and historically licensed LV switchboard technology to KTE.

Regional players

• Hyundai Electric & Energy Systems: Hyundai Electric is a Korean switchgear, motor, and generator manufacturer with domestic shipyard and EPC exposure that overlaps with KTE's switchboard and Schneider-JV product lines in the Korean market.
• Taiyo Electric Co., Ltd. Taiyo Electric is a Japanese marine electrical equipment manufacturer producing switchboards, power management systems, and automation for Japanese-built commercial and naval vessels, making it the closest regional peer to KTE in the East Asian marine electrical market.

Emerging players

• Schneider Electric (Marine & Industrial Switchgear): Schneider Electric is both KTE's joint venture partner (Schneider-KTE) for domestic Korean HV/MV switchboards and a global supplier of marine-grade switchgear. The JV blurs competition, but the underlying product overlap is direct in the Korean land-based and offshore switchboard market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCrSfdcKaAiddujVfNQHZKiw
• Facebookfacebook.com/koreakte
• LinkedInlinkedin.com/company/kte1979

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

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 KTE