| Product Code: ETC4941263 | 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 machine tools import market saw major contributions from the UK, Turkey, China, USA, and Italy. Despite moderate concentration with a stable HHI, the industry experienced a healthy CAGR of 5.43% from 2020 to 2024. However, a slight setback was observed in the growth rate from 2023 to 2024 at -18.97%. This data suggests a resilient market with diverse import sources, indicating potential opportunities for market players to navigate challenges and capitalize on growth prospects in the coming years.

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 Machine tools Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Machine tools Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Machine tools Market - Industry Life Cycle |
3.4 Ireland Machine tools Market - Porter's Five Forces |
3.5 Ireland Machine tools Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Ireland Machine tools Market Revenues & Volume Share, By Automation Type? , 2021 & 2031F |
3.7 Ireland Machine tools Market Revenues & Volume Share, By Industry Segment, 2021 & 2031F |
3.8 Ireland Machine tools Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Ireland Machine tools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of advanced manufacturing technologies in Ireland |
4.2.2 Growing demand for precision engineering in industries such as aerospace and automotive |
4.2.3 Government initiatives promoting the manufacturing sector in Ireland |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with advanced machine tools |
4.3.2 Shortage of skilled labor in the manufacturing sector in Ireland |
4.3.3 Fluctuating raw material prices impacting manufacturing costs |
5 Ireland Machine tools Market Trends |
6 Ireland Machine tools Market Segmentations |
6.1 Ireland Machine tools Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Machine tools Market Revenues & Volume, By Milling Machines, 2021-2031F |
6.1.3 Ireland Machine tools Market Revenues & Volume, By Drilling Machines, 2021-2031F |
6.1.4 Ireland Machine tools Market Revenues & Volume, By Turning Machines, 2021-2031F |
6.1.5 Ireland Machine tools Market Revenues & Volume, By Grinding Machines, 2021-2031F |
6.1.6 Ireland Machine tools Market Revenues & Volume, By Electrical Discharge Machines, 2021-2031F |
6.2 Ireland Machine tools Market, By Automation Type? |
6.2.1 Overview and Analysis |
6.2.2 Ireland Machine tools Market Revenues & Volume, By CNC Machine Tools, 2021-2031F |
6.2.3 Ireland Machine tools Market Revenues & Volume, By Conventional Machine Tools, 2021-2031F |
6.3 Ireland Machine tools Market, By Industry Segment |
6.3.1 Overview and Analysis |
6.3.2 Ireland Machine tools Market Revenues & Volume, By Automotive and Transportation, 2021-2031F |
6.3.3 Ireland Machine tools Market Revenues & Volume, By Sheet Metals, 2021-2031F |
6.3.4 Ireland Machine tools Market Revenues & Volume, By Capital Goods, 2021-2031F |
6.3.5 Ireland Machine tools Market Revenues & Volume, By Energy, 2021-2031F |
6.4 Ireland Machine tools Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Ireland Machine tools Market Revenues & Volume, By Events and Exhibitions, 2021-2031F |
6.4.3 Ireland Machine tools Market Revenues & Volume, By Dealers and Distributors, 2021-2031F |
7 Ireland Machine tools Market Import-Export Trade Statistics |
7.1 Ireland Machine tools Market Export to Major Countries |
7.2 Ireland Machine tools Market Imports from Major Countries |
8 Ireland Machine tools Market Key Performance Indicators |
8.1 Rate of adoption of advanced manufacturing technologies by Irish companies |
8.2 Number of new precision engineering projects initiated in key industries |
8.3 Percentage of government funding allocated to support the manufacturing sector in Ireland |
9 Ireland Machine tools Market - Opportunity Assessment |
9.1 Ireland Machine tools Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Ireland Machine tools Market Opportunity Assessment, By Automation Type? , 2021 & 2031F |
9.3 Ireland Machine tools Market Opportunity Assessment, By Industry Segment, 2021 & 2031F |
9.4 Ireland Machine tools Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Ireland Machine tools Market - Competitive Landscape |
10.1 Ireland Machine tools Market Revenue Share, By Companies, 2024 |
10.2 Ireland Machine tools 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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