| Product Code: ETC7640646 | Publication Date: Sep 2024 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |

The Ireland Soft Magnetic Materials Market has experienced a significant decline since its peak market size of €1.65 million in 2020. Following this, actual market sizes decreased to €1.62 million in 2021, €1.16 million in 2022, and further plummeted to €567.60 thousand in 2023, culminating at €438.99 thousand in 2024, reflecting an alarming CAGR of -38.46% over this period. The projection for 2025-2030 indicates a continued downturn, with forecasted market sizes ranging from €330.02 thousand in 2025 to €51.65 thousand by 2030, translating to a CAGR of -30.00%. This decline is primarily driven by reduced demand in key industrial sectors and increasing competition from alternative materials. Additionally, while there are no notable upcoming projects specifically identified within this market, broader advancements in technology and shifts in manufacturing practices may influence future demand dynamics. The overall outlook remains challenging as the market grapples with persistent contraction.

Between 2019 and 2025, Ireland's Soft Magnetic Materials Market witnessed notable fluctuations in both Exports and Imports. In 2021, Exports began at €25 million and showed a substantial increase over the years, reaching €5.24 billion in 2025, reflecting a positive growth trend. Conversely, Imports started at €1.37 billion in 2019, saw a slight dip in 2020, and then fluctuated throughout the period, hitting a low point of €329.76 million in 2025. The market's Import value experienced a peak in 2019 and declined with a compound annual growth rate of -19.62% from 2022 to 2024, mainly attributed to fluctuations in demand for soft magnetic materials in various industries. On the other hand, the upward trajectory of Exports can be linked to Ireland's strong position in the global electronics market, driving the demand for soft magnetic materials for applications such as electric vehicles and renewable energy systems.
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 Soft Magnetic Materials Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Soft Magnetic Materials Market Revenues & Volume, 2022 & 2032F |
3.3 Ireland Soft Magnetic Materials Market - Industry Life Cycle |
3.4 Ireland Soft Magnetic Materials Market - Porter's Five Forces |
3.5 Ireland Soft Magnetic Materials Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Ireland Soft Magnetic Materials Market Revenues & Volume Share, By End-user Industry, 2022 & 2032F |
4 Ireland Soft Magnetic Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ireland Soft Magnetic Materials Market Trends |
6 Ireland Soft Magnetic Materials Market, By Types |
6.1 Ireland Soft Magnetic Materials Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Soft Magnetic Materials Market Revenues & Volume, By Type, 2022 - 2032F |
6.1.3 Ireland Soft Magnetic Materials Market Revenues & Volume, By Electric Steel, 2022 - 2032F |
6.1.4 Ireland Soft Magnetic Materials Market Revenues & Volume, By Cobalt, 2022 - 2032F |
6.1.5 Ireland Soft Magnetic Materials Market Revenues & Volume, By Iron, 2022 - 2032F |
6.1.6 Ireland Soft Magnetic Materials Market Revenues & Volume, By Nickel, 2022 - 2032F |
6.1.7 Ireland Soft Magnetic Materials Market Revenues & Volume, By Other Material Types (Soft Magnetic Composites (SMC), Soft Ferrite, Silicon Ferrite, Permalloy, Supermalloy, etc.), 2022 - 2032F |
6.2 Ireland Soft Magnetic Materials Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Ireland Soft Magnetic Materials Market Revenues & Volume, By Electronics, 2022 - 2032F |
6.2.3 Ireland Soft Magnetic Materials Market Revenues & Volume, By Automotive, 2022 - 2032F |
6.2.4 Ireland Soft Magnetic Materials Market Revenues & Volume, By Energy, 2022 - 2032F |
6.2.5 Ireland Soft Magnetic Materials Market Revenues & Volume, By Industrial, 2022 - 2032F |
6.2.6 Ireland Soft Magnetic Materials Market Revenues & Volume, By Other End-user Industries (Telecommunication, Medical, Industrial Transformers, etc.), 2022 - 2032F |
7 Ireland Soft Magnetic Materials Market Import-Export Trade Statistics |
7.1 Ireland Soft Magnetic Materials Market Export to Major Countries |
7.2 Ireland Soft Magnetic Materials Market Imports from Major Countries |
8 Ireland Soft Magnetic Materials Market Key Performance Indicators |
9 Ireland Soft Magnetic Materials Market - Opportunity Assessment |
9.1 Ireland Soft Magnetic Materials Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Ireland Soft Magnetic Materials Market Opportunity Assessment, By End-user Industry, 2022 & 2032F |
10 Ireland Soft Magnetic Materials Market - Competitive Landscape |
10.1 Ireland Soft Magnetic Materials Market Revenue Share, By Companies, 2025 |
10.2 Ireland Soft Magnetic Materials 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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