Ireland Residential Elevator Market (2025-2031) | Industry, Opportunities, Drivers, Pricing Analysis, Strategic Insights, Revenue, Segments, Competitive, Outlook, Investment Trends, Size, Analysis, Strategy, Share, Segmentation, Growth, Challenges, Trends, Demand, Value, Supply, Companies, Consumer Insights, Competition, Restraints, Forecast

Name: Ireland Residential Elevator Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Residential Elevator Market, Ireland Residential Elevator Market, Ireland Residential Elevator Market Revenues, Ireland Residential Elevator Market Share, Ireland Residential Elevator Market Size, Ireland Residential Elevator Market Outlook, Ireland Residential Elevator Market Report, Ireland Residential Elevator Market Competition, Ireland Residential Elevator Market Overview, Ireland Residential Elevator Market Trends, Ireland Residential Elevator Market Forecast

Market Forecast By Type (Hydraulic, Traction, Pneumatic), By Drive System (Electric, Gearless, Machine Room-less), By Installation Type (New Construction, Retrofit, Modular), By End Use (Single Homes, Villas, Apartments) And Competitive Landscape

Product Code: ETC10422510	Publication Date: Apr 2025	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Bhawna Singh	No. of Pages: 65	No. of Figures: 34	No. of Tables: 19

Ireland Residential Elevator Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Ireland`s residential elevator import shipments continued to see significant growth with a high CAGR of 21.8% from 2020 to 2024. The top countries exporting to Ireland include the UK, China, Spain, Italy, and Finland. Despite the increasing imports, the market remains relatively competitive with a low Herfindahl-Hirschman Index (HHI) concentration. The growth rate of 9.0% from 2023 to 2024 indicates a sustained momentum in the residential elevator market in Ireland.

Ireland Residential Elevator Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Ireland Residential Elevator Market Outlook
Market Size of Ireland Residential Elevator Market,2024
Forecast of Ireland Residential Elevator Market, 2031
Historical Data and Forecast of Ireland Residential Elevator Revenues & Volume for the Period 2021-2031
Ireland Residential Elevator Market Trend Evolution
Ireland Residential Elevator Market Drivers and Challenges
Ireland Residential Elevator Price Trends
Ireland Residential Elevator Porter's Five Forces
Ireland Residential Elevator Industry Life Cycle
Historical Data and Forecast of Ireland Residential Elevator Market Revenues & Volume By Type for the Period 2021-2031
Historical Data and Forecast of Ireland Residential Elevator Market Revenues & Volume By Hydraulic for the Period 2021-2031
Historical Data and Forecast of Ireland Residential Elevator Market Revenues & Volume By Traction for the Period 2021-2031
Historical Data and Forecast of Ireland Residential Elevator Market Revenues & Volume By Pneumatic for the Period 2021-2031
Historical Data and Forecast of Ireland Residential Elevator Market Revenues & Volume By Drive System for the Period 2021-2031
Historical Data and Forecast of Ireland Residential Elevator Market Revenues & Volume By Electric for the Period 2021-2031
Historical Data and Forecast of Ireland Residential Elevator Market Revenues & Volume By Gearless for the Period 2021-2031
Historical Data and Forecast of Ireland Residential Elevator Market Revenues & Volume By Machine Room-less for the Period 2021-2031
Historical Data and Forecast of Ireland Residential Elevator Market Revenues & Volume By Installation Type for the Period 2021-2031
Historical Data and Forecast of Ireland Residential Elevator Market Revenues & Volume By New Construction for the Period 2021-2031
Historical Data and Forecast of Ireland Residential Elevator Market Revenues & Volume By Retrofit for the Period 2021-2031
Historical Data and Forecast of Ireland Residential Elevator Market Revenues & Volume By Modular for the Period 2021-2031
Historical Data and Forecast of Ireland Residential Elevator Market Revenues & Volume By End Use for the Period 2021-2031
Historical Data and Forecast of Ireland Residential Elevator Market Revenues & Volume By Single Homes for the Period 2021-2031
Historical Data and Forecast of Ireland Residential Elevator Market Revenues & Volume By Villas for the Period 2021-2031
Historical Data and Forecast of Ireland Residential Elevator Market Revenues & Volume By Apartments for the Period 2021-2031
Ireland Residential Elevator Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By Drive System
Market Opportunity Assessment By Installation Type
Market Opportunity Assessment By End Use
Ireland Residential Elevator Top Companies Market Share
Ireland Residential Elevator Competitive Benchmarking By Technical and Operational Parameters
Ireland Residential Elevator Company Profiles
Ireland Residential Elevator Key Strategic Recommendations

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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 Residential Elevator Market Overview

3.1 Ireland Country Macro Economic Indicators

3.2 Ireland Residential Elevator Market Revenues & Volume, 2021 & 2031F

3.3 Ireland Residential Elevator Market - Industry Life Cycle

3.4 Ireland Residential Elevator Market - Porter's Five Forces

3.5 Ireland Residential Elevator Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Ireland Residential Elevator Market Revenues & Volume Share, By Drive System, 2021 & 2031F

3.7 Ireland Residential Elevator Market Revenues & Volume Share, By Installation Type, 2021 & 2031F

3.8 Ireland Residential Elevator Market Revenues & Volume Share, By End Use, 2021 & 2031F

4 Ireland Residential Elevator Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing urbanization and population density in urban areas leading to a rise in high-rise residential buildings.

4.2.2 Growing aging population in Ireland, increasing the need for accessibility solutions in homes.

4.2.3 Government initiatives promoting the installation of elevators in residential buildings to improve accessibility and energy efficiency.

4.3 Market Restraints

4.3.1 High initial installation costs associated with residential elevators, limiting adoption rates.

4.3.2 Limited awareness among homeowners about the benefits of residential elevators, leading to slow market growth.

4.3.3 Challenges in retrofitting elevators in existing residential buildings due to space constraints and structural modifications required.

5 Ireland Residential Elevator Market Trends

6 Ireland Residential Elevator Market, By Types

6.1 Ireland Residential Elevator Market, By Type

6.1.1 Overview and Analysis

6.1.2 Ireland Residential Elevator Market Revenues & Volume, By Type, 2021 - 2031F

6.1.3 Ireland Residential Elevator Market Revenues & Volume, By Hydraulic, 2021 - 2031F

6.1.4 Ireland Residential Elevator Market Revenues & Volume, By Traction, 2021 - 2031F

6.1.5 Ireland Residential Elevator Market Revenues & Volume, By Pneumatic, 2021 - 2031F

6.2 Ireland Residential Elevator Market, By Drive System

6.2.1 Overview and Analysis

6.2.2 Ireland Residential Elevator Market Revenues & Volume, By Electric, 2021 - 2031F

6.2.3 Ireland Residential Elevator Market Revenues & Volume, By Gearless, 2021 - 2031F

6.2.4 Ireland Residential Elevator Market Revenues & Volume, By Machine Room-less, 2021 - 2031F

6.3 Ireland Residential Elevator Market, By Installation Type

6.3.1 Overview and Analysis

6.3.2 Ireland Residential Elevator Market Revenues & Volume, By New Construction, 2021 - 2031F

6.3.3 Ireland Residential Elevator Market Revenues & Volume, By Retrofit, 2021 - 2031F

6.3.4 Ireland Residential Elevator Market Revenues & Volume, By Modular, 2021 - 2031F

6.4 Ireland Residential Elevator Market, By End Use

6.4.1 Overview and Analysis

6.4.2 Ireland Residential Elevator Market Revenues & Volume, By Single Homes, 2021 - 2031F

6.4.3 Ireland Residential Elevator Market Revenues & Volume, By Villas, 2021 - 2031F

6.4.4 Ireland Residential Elevator Market Revenues & Volume, By Apartments, 2021 - 2031F

7 Ireland Residential Elevator Market Import-Export Trade Statistics

7.1 Ireland Residential Elevator Market Export to Major Countries

7.2 Ireland Residential Elevator Market Imports from Major Countries

8 Ireland Residential Elevator Market Key Performance Indicators

8.1 Average installation time for residential elevators, indicating efficiency in meeting demand.

8.2 Number of building permits issued for new residential constructions with elevator installations, reflecting market demand.

8.3 Percentage of residential buildings retrofitted with elevators, showing market penetration and growth potential.

9 Ireland Residential Elevator Market - Opportunity Assessment

9.1 Ireland Residential Elevator Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Ireland Residential Elevator Market Opportunity Assessment, By Drive System, 2021 & 2031F

9.3 Ireland Residential Elevator Market Opportunity Assessment, By Installation Type, 2021 & 2031F

9.4 Ireland Residential Elevator Market Opportunity Assessment, By End Use, 2021 & 2031F

10 Ireland Residential Elevator Market - Competitive Landscape

10.1 Ireland Residential Elevator Market Revenue Share, By Companies, 2024

10.2 Ireland Residential Elevator Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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