| Product Code: ETC5180929 | 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 heavily rely on imports of drilling and tapping machines, with China, Turkey, UK, Sweden, and Taiwan being the top exporting countries. The market concentration remained high, indicating limited competition among suppliers. Despite a strong compound annual growth rate (CAGR) of 23.41% from 2020 to 2024, there was a slight decline in the growth rate from 2023 to 2024. This trend suggests a potential stabilization in the market after rapid expansion, highlighting the need for strategic planning and market analysis for businesses operating in this sector.

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 Drilling and Tapping Machine Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Drilling and Tapping Machine Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Drilling and Tapping Machine Market - Industry Life Cycle |
3.4 Ireland Drilling and Tapping Machine Market - Porter's Five Forces |
3.5 Ireland Drilling and Tapping Machine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ireland Drilling and Tapping Machine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Ireland Drilling and Tapping Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for precision engineering in industries such as automotive and aerospace |
4.2.2 Technological advancements leading to the development of more efficient drilling and tapping machines |
4.2.3 Infrastructural development projects driving the need for drilling and tapping machines in construction |
4.3 Market Restraints |
4.3.1 High initial investment required for purchasing drilling and tapping machines |
4.3.2 Fluctuating raw material prices affecting production costs |
4.3.3 Intense competition from international manufacturers impacting local market growth |
5 Ireland Drilling and Tapping Machine Market Trends |
6 Ireland Drilling and Tapping Machine Market Segmentations |
6.1 Ireland Drilling and Tapping Machine Market, By Type |
6.1.1 Overview and Analysis | 6.1.3 Ireland Drilling and Tapping Machine Market Revenues & Volume, By Portable Dose Rate Monitor, 2021-2031F |
6.1.3 Ireland Drilling and Tapping Machine Market Revenues & Volume, By Handheld Dose Rate Monitor, 2021-2031F |
6.2 Ireland Drilling and Tapping Machine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Ireland Drilling and Tapping Machine Market Revenues & Volume, By Radiation Monitoring, 2021-2031F |
6.2.3 Ireland Drilling and Tapping Machine Market Revenues & Volume, By Radiation Clean-up, 2021-2031F |
6.2.4 Ireland Drilling and Tapping Machine Market Revenues & Volume, By NuclearMedicine, 2021-2031F |
6.2.5 Ireland Drilling and Tapping Machine Market Revenues & Volume, By Non Destructive Testing, 2021-2031F |
7 Ireland Drilling and Tapping Machine Market Import-Export Trade Statistics |
7.1 Ireland Drilling and Tapping Machine Market Export to Major Countries |
7.2 Ireland Drilling and Tapping Machine Market Imports from Major Countries |
8 Ireland Drilling and Tapping Machine Market Key Performance Indicators |
8.1 Adoption rate of automated drilling and tapping machines in manufacturing processes |
8.2 Rate of innovation and introduction of new features in drilling and tapping machines |
8.3 Utilization rate of drilling and tapping machines in key industries such as manufacturing, construction, and metal fabrication |
9 Ireland Drilling and Tapping Machine Market - Opportunity Assessment |
9.1 Ireland Drilling and Tapping Machine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ireland Drilling and Tapping Machine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ireland Drilling and Tapping Machine Market - Competitive Landscape |
10.1 Ireland Drilling and Tapping Machine Market Revenue Share, By Companies, 2024 |
10.2 Ireland Drilling and Tapping 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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