| Product Code: ETC7640135 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Ireland`s import shipments of shunt reactors continued to see significant contributions from key exporting countries such as Germany, China, Italy, USA, and Finland. The market displayed high concentration levels with a high Herfindahl-Hirschman Index (HHI). Despite a strong compound annual growth rate (CAGR) of 20.78% over the period 2020-2024, there was a slight decline in growth rate from 2023 to 2024, indicating a potential shift in market dynamics. This data suggests ongoing competitiveness and market trends influencing Ireland`s shunt reactor imports.

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 Shunt Reactors Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Shunt Reactors Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Shunt Reactors Market - Industry Life Cycle |
3.4 Ireland Shunt Reactors Market - Porter's Five Forces |
3.5 Ireland Shunt Reactors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ireland Shunt Reactors Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Ireland Shunt Reactors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for renewable energy sources in Ireland |
4.2.2 Growing focus on improving power quality and grid stability |
4.2.3 Government initiatives to upgrade and modernize the power infrastructure |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with shunt reactors |
4.3.2 Lack of skilled workforce for installation and maintenance |
4.3.3 Regulatory challenges and compliance requirements |
5 Ireland Shunt Reactors Market Trends |
6 Ireland Shunt Reactors Market, By Types |
6.1 Ireland Shunt Reactors Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Shunt Reactors Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Ireland Shunt Reactors Market Revenues & Volume, By Oil Immersed Reactor, 2021- 2031F |
6.1.4 Ireland Shunt Reactors Market Revenues & Volume, By Air-Core Dry Reactor, 2021- 2031F |
6.2 Ireland Shunt Reactors Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Ireland Shunt Reactors Market Revenues & Volume, By Electric Utilities, 2021- 2031F |
6.2.3 Ireland Shunt Reactors Market Revenues & Volume, By Industrial Utilities, 2021- 2031F |
7 Ireland Shunt Reactors Market Import-Export Trade Statistics |
7.1 Ireland Shunt Reactors Market Export to Major Countries |
7.2 Ireland Shunt Reactors Market Imports from Major Countries |
8 Ireland Shunt Reactors Market Key Performance Indicators |
8.1 Average capacity utilization rate of shunt reactors in Ireland |
8.2 Percentage of renewable energy sources in the overall energy mix |
8.3 Number of grid stability incidents reported and resolved in a given period |
9 Ireland Shunt Reactors Market - Opportunity Assessment |
9.1 Ireland Shunt Reactors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ireland Shunt Reactors Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ireland Shunt Reactors Market - Competitive Landscape |
10.1 Ireland Shunt Reactors Market Revenue Share, By Companies, 2024 |
10.2 Ireland Shunt Reactors 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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