| Product Code: ETC10667118 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The import shipments of microprocessor protective relays to Ireland in 2024 were primarily sourced from the UK, Germany, Vietnam, Finland, and Italy. Despite the diverse sources, the market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained low, indicating a competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was steady at 3.24%, with a notable surge in growth from 2023 to 2024 at 27.43%. This upward trend suggests a growing demand for microprocessor protective relays in Ireland, driven by technological advancements and infrastructure development.

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 Microprocessor Protective Relay Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Microprocessor Protective Relay Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Microprocessor Protective Relay Market - Industry Life Cycle |
3.4 Ireland Microprocessor Protective Relay Market - Porter's Five Forces |
3.5 Ireland Microprocessor Protective Relay Market Revenues & Volume Share, By Relay Type, 2021 & 2031F |
3.6 Ireland Microprocessor Protective Relay Market Revenues & Volume Share, By Voltage Rating, 2021 & 2031F |
3.7 Ireland Microprocessor Protective Relay Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Ireland Microprocessor Protective Relay Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Ireland Microprocessor Protective Relay Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Ireland Microprocessor Protective Relay Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ireland Microprocessor Protective Relay Market Trends |
6 Ireland Microprocessor Protective Relay Market, By Types |
6.1 Ireland Microprocessor Protective Relay Market, By Relay Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Microprocessor Protective Relay Market Revenues & Volume, By Relay Type, 2021 - 2031F |
6.1.3 Ireland Microprocessor Protective Relay Market Revenues & Volume, By Differential, 2021 - 2031F |
6.1.4 Ireland Microprocessor Protective Relay Market Revenues & Volume, By Distance, 2021 - 2031F |
6.1.5 Ireland Microprocessor Protective Relay Market Revenues & Volume, By Overcurrent, 2021 - 2031F |
6.1.6 Ireland Microprocessor Protective Relay Market Revenues & Volume, By Transformer, 2021 - 2031F |
6.2 Ireland Microprocessor Protective Relay Market, By Voltage Rating |
6.2.1 Overview and Analysis |
6.2.2 Ireland Microprocessor Protective Relay Market Revenues & Volume, By Low Voltage, 2021 - 2031F |
6.2.3 Ireland Microprocessor Protective Relay Market Revenues & Volume, By Medium Voltage, 2021 - 2031F |
6.2.4 Ireland Microprocessor Protective Relay Market Revenues & Volume, By High Voltage, 2021 - 2031F |
6.2.5 Ireland Microprocessor Protective Relay Market Revenues & Volume, By Extra High Voltage, 2021 - 2031F |
6.3 Ireland Microprocessor Protective Relay Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Ireland Microprocessor Protective Relay Market Revenues & Volume, By Power Distribution, 2021 - 2031F |
6.3.3 Ireland Microprocessor Protective Relay Market Revenues & Volume, By Industrial Protection, 2021 - 2031F |
6.3.4 Ireland Microprocessor Protective Relay Market Revenues & Volume, By Transmission & Distribution, 2021 - 2031F |
6.3.5 Ireland Microprocessor Protective Relay Market Revenues & Volume, By Grid Protection, 2021 - 2031F |
6.4 Ireland Microprocessor Protective Relay Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Ireland Microprocessor Protective Relay Market Revenues & Volume, By Utilities, 2021 - 2031F |
6.4.3 Ireland Microprocessor Protective Relay Market Revenues & Volume, By Oil & Gas, 2021 - 2031F |
6.4.4 Ireland Microprocessor Protective Relay Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.4.5 Ireland Microprocessor Protective Relay Market Revenues & Volume, By Renewable Energy, 2021 - 2031F |
6.5 Ireland Microprocessor Protective Relay Market, By Technology |
6.5.1 Overview and Analysis |
6.5.2 Ireland Microprocessor Protective Relay Market Revenues & Volume, By Digital, 2021 - 2031F |
6.5.3 Ireland Microprocessor Protective Relay Market Revenues & Volume, By Electromechanical, 2021 - 2031F |
6.5.4 Ireland Microprocessor Protective Relay Market Revenues & Volume, By Microprocessor-based, 2021 - 2031F |
6.5.5 Ireland Microprocessor Protective Relay Market Revenues & Volume, By IoT-Enabled, 2021 - 2031F |
7 Ireland Microprocessor Protective Relay Market Import-Export Trade Statistics |
7.1 Ireland Microprocessor Protective Relay Market Export to Major Countries |
7.2 Ireland Microprocessor Protective Relay Market Imports from Major Countries |
8 Ireland Microprocessor Protective Relay Market Key Performance Indicators |
9 Ireland Microprocessor Protective Relay Market - Opportunity Assessment |
9.1 Ireland Microprocessor Protective Relay Market Opportunity Assessment, By Relay Type, 2021 & 2031F |
9.2 Ireland Microprocessor Protective Relay Market Opportunity Assessment, By Voltage Rating, 2021 & 2031F |
9.3 Ireland Microprocessor Protective Relay Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Ireland Microprocessor Protective Relay Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Ireland Microprocessor Protective Relay Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Ireland Microprocessor Protective Relay Market - Competitive Landscape |
10.1 Ireland Microprocessor Protective Relay Market Revenue Share, By Companies, 2024 |
10.2 Ireland Microprocessor Protective Relay 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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