| Product Code: ETC5758263 | Publication Date: Nov 2023 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Ireland witnessed a significant increase in commercial water heaters import shipments, with top exporters including the UK, Portugal, Italy, Belgium, and Metropolitan France. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. With a strong Compound Annual Growth Rate (CAGR) of 12.63% from 2020 to 2024 and a notable growth rate of 19.05% from 2023 to 2024, the market for commercial water heaters in Ireland shows promising expansion opportunities and robust demand.

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 Commercial Water Heaters Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Commercial Water Heaters Market Revenues & Volume, 2022 & 2032F |
3.3 Ireland Commercial Water Heaters Market - Industry Life Cycle |
3.4 Ireland Commercial Water Heaters Market - Porter's Five Forces |
3.5 Ireland Commercial Water Heaters Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Ireland Commercial Water Heaters Market Revenues & Volume Share, By Liter, 2022 & 2032F |
3.7 Ireland Commercial Water Heaters Market Revenues & Volume Share, By Rated Capacity, 2022 & 2032F |
4 Ireland Commercial Water Heaters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government regulations promoting energy efficiency in commercial buildings |
4.2.2 Increasing demand for hot water in commercial establishments like hotels, restaurants, and hospitals |
4.2.3 Growth in the construction industry leading to higher demand for water heaters in new commercial buildings |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting manufacturing costs |
4.3.2 Intense competition from alternative water heating technologies such as solar water heaters |
4.3.3 Economic uncertainty affecting investment decisions in commercial infrastructure projects |
5 Ireland Commercial Water Heaters Market Trends |
6 Ireland Commercial Water Heaters Market Segmentations |
6.1 Ireland Commercial Water Heaters Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Commercial Water Heaters Market Revenues & Volume, By Electric, 2022 - 2032F |
6.1.3 Ireland Commercial Water Heaters Market Revenues & Volume, By Gas, 2022 - 2032F |
6.1.4 Ireland Commercial Water Heaters Market Revenues & Volume, By Oil, 2022 - 2032F |
6.1.5 Ireland Commercial Water Heaters Market Revenues & Volume, By Heat Pump, 2022 - 2032F |
6.1.6 Ireland Commercial Water Heaters Market Revenues & Volume, By Solar, 2022 - 2032F |
6.1.7 Ireland Commercial Water Heaters Market Revenues & Volume, By Hybrid & Others, 2022 - 2032F |
6.2 Ireland Commercial Water Heaters Market, By Liter |
6.2.1 Overview and Analysis |
6.2.2 Ireland Commercial Water Heaters Market Revenues & Volume, By Below 500 Liters, 2022 - 2032F |
6.2.3 Ireland Commercial Water Heaters Market Revenues & Volume, By 500-1,000 Liters, 2022 - 2032F |
6.2.4 Ireland Commercial Water Heaters Market Revenues & Volume, By 1,000-3,000 Liters, 2022 - 2032F |
6.2.5 Ireland Commercial Water Heaters Market Revenues & Volume, By 3,000-4,000 Liters, 2022 - 2032F |
6.2.6 Ireland Commercial Water Heaters Market Revenues & Volume, By Above 4,000 Liters, 2022 - 2032F |
6.3 Ireland Commercial Water Heaters Market, By Rated Capacity |
6.3.1 Overview and Analysis |
6.3.2 Ireland Commercial Water Heaters Market Revenues & Volume, By Up to 10kW, 2022 - 2032F |
6.3.3 Ireland Commercial Water Heaters Market Revenues & Volume, By 10-50kW, 2022 - 2032F |
6.3.4 Ireland Commercial Water Heaters Market Revenues & Volume, By 50-150kW & more, 2022 - 2032F |
7 Ireland Commercial Water Heaters Market Import-Export Trade Statistics |
7.1 Ireland Commercial Water Heaters Market Export to Major Countries |
7.2 Ireland Commercial Water Heaters Market Imports from Major Countries |
8 Ireland Commercial Water Heaters Market Key Performance Indicators |
8.1 Energy efficiency ratings of commercial water heaters sold in the market |
8.2 Number of new commercial construction projects using water heaters |
8.3 Adoption rate of energy-efficient water heating technologies in the commercial sector |
9 Ireland Commercial Water Heaters Market - Opportunity Assessment |
9.1 Ireland Commercial Water Heaters Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Ireland Commercial Water Heaters Market Opportunity Assessment, By Liter, 2022 & 2032F |
9.3 Ireland Commercial Water Heaters Market Opportunity Assessment, By Rated Capacity, 2022 & 2032F |
10 Ireland Commercial Water Heaters Market - Competitive Landscape |
10.1 Ireland Commercial Water Heaters Market Revenue Share, By Companies, 2025 |
10.2 Ireland Commercial Water Heaters 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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