| Product Code: ETC5128926 | 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 |
Ireland saw a significant increase in import shipments of magnetic induction heating devices in 2024, with the top exporting countries being the USA, South Korea, UK, China, and Netherlands. The market concentration, measured by the Herfindahl-Hirschman Index (HHI), reached very high levels in 2024, indicating a more consolidated market. Despite a high compound annual growth rate (CAGR) of 41.64% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -34.44%. This suggests a potential shift in market dynamics or challenges faced by the industry during that period.

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 Magnetic Induction Heating Devices Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Magnetic Induction Heating Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Magnetic Induction Heating Devices Market - Industry Life Cycle |
3.4 Ireland Magnetic Induction Heating Devices Market - Porter's Five Forces |
3.5 Ireland Magnetic Induction Heating Devices Market Revenues & Volume Share, By Power Type, 2021 & 2031F |
3.6 Ireland Magnetic Induction Heating Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Ireland Magnetic Induction Heating Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on energy efficiency and sustainability, driving demand for efficient heating technologies like magnetic induction heating devices. |
4.2.2 Government initiatives and regulations promoting the adoption of eco-friendly heating solutions in Ireland. |
4.2.3 Growing awareness among consumers regarding the benefits of magnetic induction heating devices in terms of energy savings and safety. |
4.3 Market Restraints |
4.3.1 Higher initial cost of magnetic induction heating devices compared to traditional heating systems. |
4.3.2 Limited availability of skilled professionals for installation and maintenance of magnetic induction heating devices. |
4.3.3 Lack of awareness and understanding among consumers about the technology and benefits of magnetic induction heating devices. |
5 Ireland Magnetic Induction Heating Devices Market Trends |
6 Ireland Magnetic Induction Heating Devices Market Segmentations |
6.1 Ireland Magnetic Induction Heating Devices Market, By Power Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Magnetic Induction Heating Devices Market Revenues & Volume, By 0 to 5 kWh, 2021-2031F |
6.1.3 Ireland Magnetic Induction Heating Devices Market Revenues & Volume, By 5 to 10 kWh, 2021-2031F |
6.1.4 Ireland Magnetic Induction Heating Devices Market Revenues & Volume, By More than 10 kWh, 2021-2031F |
6.2 Ireland Magnetic Induction Heating Devices Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Ireland Magnetic Induction Heating Devices Market Revenues & Volume, By Furnaces, 2021-2031F |
6.2.3 Ireland Magnetic Induction Heating Devices Market Revenues & Volume, By Welding, 2021-2031F |
6.2.4 Ireland Magnetic Induction Heating Devices Market Revenues & Volume, By Cooking, 2021-2031F |
6.2.5 Ireland Magnetic Induction Heating Devices Market Revenues & Volume, By Brazing, 2021-2031F |
6.2.6 Ireland Magnetic Induction Heating Devices Market Revenues & Volume, By Sealing, 2021-2031F |
6.2.7 Ireland Magnetic Induction Heating Devices Market Revenues & Volume, By Heating Treatment, 2021-2031F |
6.2.8 Ireland Magnetic Induction Heating Devices Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Ireland Magnetic Induction Heating Devices Market Revenues & Volume, By Others, 2021-2031F |
7 Ireland Magnetic Induction Heating Devices Market Import-Export Trade Statistics |
7.1 Ireland Magnetic Induction Heating Devices Market Export to Major Countries |
7.2 Ireland Magnetic Induction Heating Devices Market Imports from Major Countries |
8 Ireland Magnetic Induction Heating Devices Market Key Performance Indicators |
8.1 Energy savings achieved by customers after switching to magnetic induction heating devices. |
8.2 Increase in the number of government incentives or rebates offered for the adoption of energy-efficient heating solutions. |
8.3 Growth in the number of manufacturers and suppliers of magnetic induction heating devices in the Irish market. |
9 Ireland Magnetic Induction Heating Devices Market - Opportunity Assessment |
9.1 Ireland Magnetic Induction Heating Devices Market Opportunity Assessment, By Power Type, 2021 & 2031F |
9.2 Ireland Magnetic Induction Heating Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ireland Magnetic Induction Heating Devices Market - Competitive Landscape |
10.1 Ireland Magnetic Induction Heating Devices Market Revenue Share, By Companies, 2024 |
10.2 Ireland Magnetic Induction Heating Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |