| Product Code: ETC4755462 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Ireland continued to see a significant influx of balancing machine imports, with top exporters including the UK, Italy, USA, China, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 25.86% from 2020 to 2024 highlights sustained expansion. Moreover, the remarkable growth rate of 53.9% from 2023 to 2024 exemplifies the dynamic nature of the balancing machine import market in Ireland, suggesting ongoing opportunities for both domestic and international players.

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 Balancing Machine Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Balancing Machine Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Balancing Machine Market - Industry Life Cycle |
3.4 Ireland Balancing Machine Market - Porter's Five Forces |
3.5 Ireland Balancing Machine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ireland Balancing Machine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Ireland Balancing Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ireland Balancing Machine Market Trends |
6 Ireland Balancing Machine Market Segmentations |
6.1 Ireland Balancing Machine Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Balancing Machine Market Revenues & Volume, By Hard-bearing, 2021-2031F |
6.1.3 Ireland Balancing Machine Market Revenues & Volume, By Soft-bearing, 2021-2031F |
6.1.4 Ireland Balancing Machine Market Revenues & Volume, By Static balancing machines, 2021-2031F |
6.1.5 Ireland Balancing Machine Market Revenues & Volume, By A blade balancing machine, 2021-2031F | 6.1.7 Ireland Balancing Machine Market Revenues & Volume, By Portable balancing machines, 2021-2031F |
6.2 Ireland Balancing Machine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Ireland Balancing Machine Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Ireland Balancing Machine Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Ireland Balancing Machine Market Revenues & Volume, By Residential, 2021-2031F |
6.2.5 Ireland Balancing Machine Market Revenues & Volume, By Healthcare, 2021-2031F |
7 Ireland Balancing Machine Market Import-Export Trade Statistics |
7.1 Ireland Balancing Machine Market Export to Major Countries |
7.2 Ireland Balancing Machine Market Imports from Major Countries |
8 Ireland Balancing Machine Market Key Performance Indicators |
9 Ireland Balancing Machine Market - Opportunity Assessment |
9.1 Ireland Balancing Machine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ireland Balancing Machine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ireland Balancing Machine Market - Competitive Landscape |
10.1 Ireland Balancing Machine Market Revenue Share, By Companies, 2024 |
10.2 Ireland Balancing Machine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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