| Product Code: ETC4931953 | 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 saw a notable increase in dynamic balancing machine imports from top exporting countries including Spain, UK, USA, Italy, and Belgium. Despite a high concentration in 2023, the Herfindahl-Hirschman Index (HHI) remained at a high level in 2024, indicating continued market dominance by key suppliers. The impressive compound annual growth rate (CAGR) of 35.51% from 2020 to 2024 underscores the growing demand for balancing machines in Ireland. However, the negative growth rate of -16.35% from 2023 to 2024 suggests a recent slowdown, signaling potential shifts in market dynamics.

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 Dynamic Balancing Machine Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Dynamic Balancing Machine Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Dynamic Balancing Machine Market - Industry Life Cycle |
3.4 Ireland Dynamic Balancing Machine Market - Porter's Five Forces |
3.5 Ireland Dynamic Balancing Machine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ireland Dynamic Balancing Machine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Ireland Dynamic Balancing Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for precision manufacturing in industries such as automotive, aerospace, and electronics. |
4.2.2 Emphasis on reducing maintenance costs and increasing equipment efficiency. |
4.2.3 Adoption of Industry 4.0 technologies leading to the integration of smart balancing machines. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with dynamic balancing machines. |
4.3.2 Lack of skilled labor for operating and maintaining these advanced machines. |
4.3.3 Economic uncertainties impacting the investment decisions of manufacturing companies. |
5 Ireland Dynamic Balancing Machine Market Trends |
6 Ireland Dynamic Balancing Machine Market Segmentations |
6.1 Ireland Dynamic Balancing Machine Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Dynamic Balancing Machine Market Revenues & Volume, By Manual Balancing Machine, 2021-2031F |
6.1.3 Ireland Dynamic Balancing Machine Market Revenues & Volume, By Automatic Balancing Machine, 2021-2031F |
6.1.4 Ireland Dynamic Balancing Machine Market Revenues & Volume, By Small Balancing Machine, 2021-2031F |
6.2 Ireland Dynamic Balancing Machine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Ireland Dynamic Balancing Machine Market Revenues & Volume, By Heavy Industry, 2021-2031F |
6.2.3 Ireland Dynamic Balancing Machine Market Revenues & Volume, By Auto Industry, 2021-2031F |
6.2.4 Ireland Dynamic Balancing Machine Market Revenues & Volume, By Aviation Industry, 2021-2031F |
6.2.5 Ireland Dynamic Balancing Machine Market Revenues & Volume, By Home Appliances, 2021-2031F |
6.2.6 Ireland Dynamic Balancing Machine Market Revenues & Volume, By Others, 2021-2031F |
7 Ireland Dynamic Balancing Machine Market Import-Export Trade Statistics |
7.1 Ireland Dynamic Balancing Machine Market Export to Major Countries |
7.2 Ireland Dynamic Balancing Machine Market Imports from Major Countries |
8 Ireland Dynamic Balancing Machine Market Key Performance Indicators |
8.1 Average machine utilization rate. |
8.2 Frequency of preventive maintenance. |
8.3 Ratio of recurring maintenance costs to total machine cost. |
8.4 Number of manufacturers adopting dynamic balancing machines. |
8.5 Rate of technological advancements in balancing machine features. |
9 Ireland Dynamic Balancing Machine Market - Opportunity Assessment |
9.1 Ireland Dynamic Balancing Machine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ireland Dynamic Balancing Machine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ireland Dynamic Balancing Machine Market - Competitive Landscape |
10.1 Ireland Dynamic Balancing Machine Market Revenue Share, By Companies, 2024 |
10.2 Ireland Dynamic Balancing Machine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |