| Product Code: ETC5234528 | 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 |
In 2024, Ireland continued to see steady growth in torque screwdriver import shipments, with key exporting countries including the USA, China, UK, India, and Taiwan. The market concentration, as measured by the HHI, remained at a moderate level, indicating a healthy level of competition. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 10.07%, with a notable growth rate of 8.3% from 2023 to 2024. These trends suggest a promising outlook for the torque screwdriver market in Ireland, driven by diverse sources of imports and sustained growth.

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 Torque Screwdriver Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Torque Screwdriver Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Torque Screwdriver Market - Industry Life Cycle |
3.4 Ireland Torque Screwdriver Market - Porter's Five Forces |
3.5 Ireland Torque Screwdriver Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Ireland Torque Screwdriver Market Revenues & Volume Share, By Applications , 2021 & 2031F |
4 Ireland Torque Screwdriver Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for precision tools in industries such as electronics and automotive. |
4.2.2 Technological advancements leading to the development of more efficient and accurate torque screwdrivers. |
4.2.3 Growing focus on workplace safety and the need for reliable torque tools. |
4.3 Market Restraints |
4.3.1 High initial cost associated with specialized torque screwdrivers. |
4.3.2 Limited awareness and adoption among small and medium-sized enterprises. |
4.3.3 Competition from traditional manual tools and other types of power tools. |
5 Ireland Torque Screwdriver Market Trends |
6 Ireland Torque Screwdriver Market Segmentations |
6.1 Ireland Torque Screwdriver Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Ireland Torque Screwdriver Market Revenues & Volume, By Electric Torque Screwdriver, 2021-2031F |
6.1.3 Ireland Torque Screwdriver Market Revenues & Volume, By Manual Torque Screwdriver, 2021-2031F |
6.2 Ireland Torque Screwdriver Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Ireland Torque Screwdriver Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Ireland Torque Screwdriver Market Revenues & Volume, By Engineering and Construction, 2021-2031F |
6.2.4 Ireland Torque Screwdriver Market Revenues & Volume, By Machinery Manufacturing, 2021-2031F |
6.2.5 Ireland Torque Screwdriver Market Revenues & Volume, By Shipping and Aerospace, 2021-2031F |
6.2.6 Ireland Torque Screwdriver Market Revenues & Volume, By Other, 2021-2031F |
7 Ireland Torque Screwdriver Market Import-Export Trade Statistics |
7.1 Ireland Torque Screwdriver Market Export to Major Countries |
7.2 Ireland Torque Screwdriver Market Imports from Major Countries |
8 Ireland Torque Screwdriver Market Key Performance Indicators |
8.1 Average time saved per task using torque screwdrivers compared to manual tools. |
8.2 Percentage increase in the adoption rate of torque screwdrivers across industries. |
8.3 Number of product innovations and technological advancements in the torque screwdriver market. |
8.4 Customer satisfaction and feedback on the performance and durability of torque screwdrivers. |
9 Ireland Torque Screwdriver Market - Opportunity Assessment |
9.1 Ireland Torque Screwdriver Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Ireland Torque Screwdriver Market Opportunity Assessment, By Applications , 2021 & 2031F |
10 Ireland Torque Screwdriver Market - Competitive Landscape |
10.1 Ireland Torque Screwdriver Market Revenue Share, By Companies, 2024 |
10.2 Ireland Torque Screwdriver 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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