| Product Code: ETC5196623 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Ireland`s metal cutting tools import market continues to see strong growth, with top exporting countries including the UK, China, Germany, Japan, and the USA. The market remains competitive with low concentration levels indicated by the Herfindahl-Hirschman Index (HHI). The impressive compound annual growth rate (CAGR) of 38.02% from 2020 to 2024 demonstrates the increasing demand for metal cutting tools in Ireland. Moreover, the growth rate of 10.56% from 2023 to 2024 highlights the resilience and attractiveness of the market for both domestic and international suppliers.

By 2027, the Metal Cutting Tools market in Ireland is anticipated to reach a growth rate of 1.07%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ireland Metal Cutting Tools Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Metal Cutting Tools Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Metal Cutting Tools Market - Industry Life Cycle |
3.4 Ireland Metal Cutting Tools Market - Porter's Five Forces |
3.5 Ireland Metal Cutting Tools Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Ireland Metal Cutting Tools Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Ireland Metal Cutting Tools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of advanced manufacturing technologies in Ireland |
4.2.2 Growing focus on precision engineering and metalworking industries |
4.2.3 Rise in demand for high-quality and efficient metal cutting tools in various sectors |
4.3 Market Restraints |
4.3.1 High initial investment required for advanced metal cutting tools |
4.3.2 Intense competition from global metal cutting tool manufacturers |
4.3.3 Economic uncertainties impacting the manufacturing sector in Ireland |
5 Ireland Metal Cutting Tools Market Trends |
6 Ireland Metal Cutting Tools Market Segmentations |
6.1 Ireland Metal Cutting Tools Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Ireland Metal Cutting Tools Market Revenues & Volume, By Machining Centers, 2021-2031F |
6.1.3 Ireland Metal Cutting Tools Market Revenues & Volume, By Lathe Machines, 2021-2031F |
6.1.4 Ireland Metal Cutting Tools Market Revenues & Volume, By Boring Machines, 2021-2031F |
6.1.5 Ireland Metal Cutting Tools Market Revenues & Volume, By Grinding Machines, 2021-2031F |
6.1.6 Ireland Metal Cutting Tools Market Revenues & Volume, By Milling Machines, 2021-2031F |
6.1.7 Ireland Metal Cutting Tools Market Revenues & Volume, By Others, 2021-2031F |
6.2 Ireland Metal Cutting Tools Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Ireland Metal Cutting Tools Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Ireland Metal Cutting Tools Market Revenues & Volume, By General Machinery, 2021-2031F |
6.2.4 Ireland Metal Cutting Tools Market Revenues & Volume, By Precision Engineering, 2021-2031F |
6.2.5 Ireland Metal Cutting Tools Market Revenues & Volume, By Transport Machinery, 2021-2031F |
6.2.6 Ireland Metal Cutting Tools Market Revenues & Volume, By Others, 2021-2031F |
7 Ireland Metal Cutting Tools Market Import-Export Trade Statistics |
7.1 Ireland Metal Cutting Tools Market Export to Major Countries |
7.2 Ireland Metal Cutting Tools Market Imports from Major Countries |
8 Ireland Metal Cutting Tools Market Key Performance Indicators |
8.1 Average utilization rate of metal cutting tools in manufacturing processes |
8.2 Rate of adoption of CNC machines in metalworking industries |
8.3 Number of new product developments and innovations in metal cutting tools industry |
8.4 Percentage of manufacturers investing in training and upskilling programs for workforce in metal cutting technologies |
9 Ireland Metal Cutting Tools Market - Opportunity Assessment |
9.1 Ireland Metal Cutting Tools Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Ireland Metal Cutting Tools Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ireland Metal Cutting Tools Market - Competitive Landscape |
10.1 Ireland Metal Cutting Tools Market Revenue Share, By Companies, 2024 |
10.2 Ireland Metal Cutting Tools Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |