| Product Code: ETC7628527 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of drilling rigs to Ireland in 2024 continued to be dominated by the UK, Sweden, Netherlands, Germany, and Belgium. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained high in 2024 after experiencing very high concentration in the previous year. The industry saw a decline in both the compound annual growth rate (CAGR) from 2020 to 2024 at -9.81% and the growth rate from 2023 to 2024 at -20.74%. This data suggests a challenging market environment for drilling rig imports in Ireland, with potential implications for industry players and stakeholders to navigate.

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 Rig Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Drilling Rig Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Drilling Rig Market - Industry Life Cycle |
3.4 Ireland Drilling Rig Market - Porter's Five Forces |
3.5 Ireland Drilling Rig Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ireland Drilling Rig Market Revenues & Volume Share, By Location of Deployment, 2021 & 2031F |
3.7 Ireland Drilling Rig Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Ireland Drilling Rig Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for oil and gas exploration activities in Ireland |
4.2.2 Technological advancements leading to more efficient drilling operations |
4.2.3 Government initiatives and policies supporting the growth of the drilling rig market in Ireland |
4.3 Market Restraints |
4.3.1 Volatility in global oil prices affecting investment decisions in drilling projects |
4.3.2 Environmental concerns and regulations impacting drilling rig operations |
4.3.3 Competition from alternative energy sources affecting the demand for drilling rigs |
5 Ireland Drilling Rig Market Trends |
6 Ireland Drilling Rig Market, By Types |
6.1 Ireland Drilling Rig Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Drilling Rig Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Ireland Drilling Rig Market Revenues & Volume, By Jackup, 2021- 2031F |
6.1.4 Ireland Drilling Rig Market Revenues & Volume, By Semi-submersible, 2021- 2031F |
6.1.5 Ireland Drilling Rig Market Revenues & Volume, By Drillship, 2021- 2031F |
6.1.6 Ireland Drilling Rig Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Ireland Drilling Rig Market, By Location of Deployment |
6.2.1 Overview and Analysis |
6.2.2 Ireland Drilling Rig Market Revenues & Volume, By Onshore, 2021- 2031F |
6.2.3 Ireland Drilling Rig Market Revenues & Volume, By Offshore, 2021- 2031F |
6.3 Ireland Drilling Rig Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Ireland Drilling Rig Market Revenues & Volume, By Oil and Gas, 2021- 2031F |
6.3.3 Ireland Drilling Rig Market Revenues & Volume, By Mining, 2021- 2031F |
6.3.4 Ireland Drilling Rig Market Revenues & Volume, By Others, 2021- 2031F |
7 Ireland Drilling Rig Market Import-Export Trade Statistics |
7.1 Ireland Drilling Rig Market Export to Major Countries |
7.2 Ireland Drilling Rig Market Imports from Major Countries |
8 Ireland Drilling Rig Market Key Performance Indicators |
8.1 Utilization rate of drilling rigs in Ireland |
8.2 Average drilling depth achieved per rig |
8.3 Number of new drilling permits issued by regulatory authorities |
9 Ireland Drilling Rig Market - Opportunity Assessment |
9.1 Ireland Drilling Rig Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ireland Drilling Rig Market Opportunity Assessment, By Location of Deployment, 2021 & 2031F |
9.3 Ireland Drilling Rig Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ireland Drilling Rig Market - Competitive Landscape |
10.1 Ireland Drilling Rig Market Revenue Share, By Companies, 2024 |
10.2 Ireland Drilling Rig 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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