| Product Code: ETC4942992 | 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`s electric switches import market continued to see diverse sources, with China, the UK, Japan, Germany, and the USA leading the way. The low Herfindahl-Hirschman Index (HHI) indicates a competitive market landscape. The impressive compound annual growth rate (CAGR) of 12.4% from 2020 to 2024 underscores the increasing demand for electric switches in Ireland. Moreover, the growth rate of 7.06% from 2023 to 2024 highlights the sustained momentum in the market, offering opportunities for both local suppliers and international exporters to capitalize on this upward trend.

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 Electric Switches Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Electric Switches Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Electric Switches Market - Industry Life Cycle |
3.4 Ireland Electric Switches Market - Porter's Five Forces |
3.5 Ireland Electric Switches Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ireland Electric Switches Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 Ireland Electric Switches Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient electrical products in Ireland |
4.2.2 Growing construction and infrastructure development projects in the country |
4.2.3 Government initiatives promoting the adoption of sustainable and eco-friendly technologies |
4.3 Market Restraints |
4.3.1 High initial investment cost for advanced electric switches |
4.3.2 Slow adoption rate due to lack of awareness about the benefits of modern electric switches |
4.3.3 Presence of traditional electrical systems in existing buildings hindering the market growth |
5 Ireland Electric Switches Market Trends |
6 Ireland Electric Switches Market Segmentations |
6.1 Ireland Electric Switches Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Electric Switches Market Revenues & Volume, By Traditional electrical switch, 2021-2031F |
6.1.3 Ireland Electric Switches Market Revenues & Volume, By Smart electrical switch? , 2021-2031F |
6.2 Ireland Electric Switches Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 Ireland Electric Switches Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Ireland Electric Switches Market Revenues & Volume, By Residential, 2021-2031F |
6.2.4 Ireland Electric Switches Market Revenues & Volume, By Other, 2021-2031F |
7 Ireland Electric Switches Market Import-Export Trade Statistics |
7.1 Ireland Electric Switches Market Export to Major Countries |
7.2 Ireland Electric Switches Market Imports from Major Countries |
8 Ireland Electric Switches Market Key Performance Indicators |
8.1 Energy savings achieved through the use of electric switches |
8.2 Number of new construction projects incorporating advanced electric switches |
8.3 Percentage increase in the adoption of smart electric switches |
8.4 Number of government policies supporting the use of energy-efficient electrical products |
8.5 Rate of replacement of traditional switches with modern electric switches |
9 Ireland Electric Switches Market - Opportunity Assessment |
9.1 Ireland Electric Switches Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ireland Electric Switches Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 Ireland Electric Switches Market - Competitive Landscape |
10.1 Ireland Electric Switches Market Revenue Share, By Companies, 2024 |
10.2 Ireland Electric Switches 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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