| Product Code: ETC4778870 | 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`s transformers import market saw a shift in concentration levels from moderate to low, indicating increased market diversification. The top exporting countries to Ireland were Italy, China, UK, Spain, and Germany, reflecting a diverse supplier base. Despite a strong compound annual growth rate (CAGR) of 29.6% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -3.76%. This data suggests a dynamic market environment with evolving trends and potential opportunities for both importers and exporters in the transformers industry.

In the Europe region, the Transformers market in Ireland is projected to expand at a negative growth rate of -0.00% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Transformers Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Transformers Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Transformers Market - Industry Life Cycle |
3.4 Ireland Transformers Market - Porter's Five Forces |
3.5 Ireland Transformers Market Revenues & Volume Share, By Cooling, 2021 & 2031F |
3.6 Ireland Transformers Market Revenues & Volume Share, By Power Ratings, 2021 & 2031F |
3.7 Ireland Transformers Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Ireland Transformers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing investments in renewable energy sources leading to a higher demand for transformers. |
4.2.2 Government initiatives promoting energy efficiency and grid modernization. |
4.2.3 Growth in industrial activities and infrastructure development driving the need for transformers. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting manufacturing costs. |
4.3.2 Competition from alternative energy sources affecting the demand for traditional transformers. |
4.3.3 Regulatory challenges and compliance requirements posing barriers to market growth. |
5 Ireland Transformers Market Trends |
6 Ireland Transformers Market Segmentations |
6.1 Ireland Transformers Market, By Cooling |
6.1.1 Overview and Analysis |
6.1.2 Ireland Transformers Market Revenues & Volume, By Oil-Cooled, 2021-2031F |
6.1.3 Ireland Transformers Market Revenues & Volume, By Air-Cooled, 2021-2031F |
6.2 Ireland Transformers Market, By Power Ratings |
6.2.1 Overview and Analysis |
6.2.2 Ireland Transformers Market Revenues & Volume, By Small Power Transformer, 2021-2031F |
6.2.3 Ireland Transformers Market Revenues & Volume, By Medium Power Transformer, 2021-2031F |
6.2.4 Ireland Transformers Market Revenues & Volume, By Large Power Transformer, 2021-2031F |
6.3 Ireland Transformers Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Ireland Transformers Market Revenues & Volume, By Smart Grid, 2021-2031F |
6.3.3 Ireland Transformers Market Revenues & Volume, By Smart Transformer, 2021-2031F |
6.3.4 Ireland Transformers Market Revenues & Volume, By Green Energy, 2021-2031F |
6.3.5 Ireland Transformers Market Revenues & Volume, By Power infrastructure, 2021-2031F |
7 Ireland Transformers Market Import-Export Trade Statistics |
7.1 Ireland Transformers Market Export to Major Countries |
7.2 Ireland Transformers Market Imports from Major Countries |
8 Ireland Transformers Market Key Performance Indicators |
8.1 Grid capacity utilization rate indicating the level of demand for transformers. |
8.2 Percentage of renewable energy sources in the energy mix influencing transformer market growth. |
8.3 Number of new infrastructure projects requiring transformers for power distribution. |
9 Ireland Transformers Market - Opportunity Assessment |
9.1 Ireland Transformers Market Opportunity Assessment, By Cooling, 2021 & 2031F |
9.2 Ireland Transformers Market Opportunity Assessment, By Power Ratings, 2021 & 2031F |
9.3 Ireland Transformers Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Ireland Transformers Market - Competitive Landscape |
10.1 Ireland Transformers Market Revenue Share, By Companies, 2024 |
10.2 Ireland Transformers 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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