| Product Code: ETC5083839 | 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 see significant import shipments of forklift trucks, with top exporting countries being the UK, Metropolitan France, Italy, Germany, and Spain. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a remarkable compound annual growth rate (CAGR) of 33.33% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -2.4%. This data suggests a strong and competitive market for forklift trucks in Ireland, with potential for continued growth and market dynamics to monitor closely.

By 2027, Ireland's Forklift Trucks market is forecasted to achieve a stable growth rate of 0.00%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

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 Forklift Trucks Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Forklift Trucks Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Forklift Trucks Market - Industry Life Cycle |
3.4 Ireland Forklift Trucks Market - Porter's Five Forces |
3.5 Ireland Forklift Trucks Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.6 Ireland Forklift Trucks Market Revenues & Volume Share, By Class, 2021 & 2031F |
3.7 Ireland Forklift Trucks Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Ireland Forklift Trucks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in e-commerce industry leading to increased demand for material handling equipment like forklift trucks |
4.2.2 Implementation of automation and technology in warehouses and logistics sectors driving the need for efficient forklift trucks |
4.2.3 Government initiatives promoting industrial growth and infrastructure development supporting the demand for forklift trucks |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with purchasing and maintaining forklift trucks |
4.3.2 Limited availability of skilled forklift operators impacting the adoption of forklift trucks |
4.3.3 Regulatory challenges and compliance requirements affecting the operations and usage of forklift trucks |
5 Ireland Forklift Trucks Market Trends |
6 Ireland Forklift Trucks Market Segmentations |
6.1 Ireland Forklift Trucks Market, By Power Source |
6.1.1 Overview and Analysis |
6.1.2 Ireland Forklift Trucks Market Revenues & Volume, By IC Engine Powered, 2021-2031F |
6.1.3 Ireland Forklift Trucks Market Revenues & Volume, By Electric Powered, 2021-2031F |
6.2 Ireland Forklift Trucks Market, By Class |
6.2.1 Overview and Analysis |
6.2.2 Ireland Forklift Trucks Market Revenues & Volume, By Class 1, 2021-2031F |
6.2.3 Ireland Forklift Trucks Market Revenues & Volume, By Class 2, 2021-2031F |
6.2.4 Ireland Forklift Trucks Market Revenues & Volume, By Class 3, 2021-2031F |
6.2.5 Ireland Forklift Trucks Market Revenues & Volume, By Class 4, 2021-2031F |
6.2.6 Ireland Forklift Trucks Market Revenues & Volume, By Class 5, 2021-2031F |
6.2.7 Ireland Forklift Trucks Market Revenues & Volume, By Others, 2021-2031F |
6.3 Ireland Forklift Trucks Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Ireland Forklift Trucks Market Revenues & Volume, By Retail & Wholesale, 2021-2031F |
6.3.3 Ireland Forklift Trucks Market Revenues & Volume, By Logistics, 2021-2031F |
6.3.4 Ireland Forklift Trucks Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 Ireland Forklift Trucks Market Revenues & Volume, By Food Industry, 2021-2031F |
6.3.6 Ireland Forklift Trucks Market Revenues & Volume, By Others, 2021-2031F |
7 Ireland Forklift Trucks Market Import-Export Trade Statistics |
7.1 Ireland Forklift Trucks Market Export to Major Countries |
7.2 Ireland Forklift Trucks Market Imports from Major Countries |
8 Ireland Forklift Trucks Market Key Performance Indicators |
8.1 Average utilization rate of forklift trucks in warehouses and industrial facilities |
8.2 Percentage increase in the adoption of electric or eco-friendly forklift trucks |
8.3 Average maintenance downtime of forklift trucks |
8.4 Number of training programs conducted for forklift operators |
8.5 Rate of technology integration in forklift trucks (e.g., IoT sensors, automation features) |
9 Ireland Forklift Trucks Market - Opportunity Assessment |
9.1 Ireland Forklift Trucks Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.2 Ireland Forklift Trucks Market Opportunity Assessment, By Class, 2021 & 2031F |
9.3 Ireland Forklift Trucks Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Ireland Forklift Trucks Market - Competitive Landscape |
10.1 Ireland Forklift Trucks Market Revenue Share, By Companies, 2024 |
10.2 Ireland Forklift Trucks 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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