| Product Code: ETC11301678 | 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 |
In 2024, Ireland continued to rely on imports for water heaters, with top exporters being the UK, China, Metropolitan France, Egypt, and the USA. The market shows a high concentration with a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 8.42%, indicating a growing demand for water heaters. The growth rate from 2023 to 2024 also remained positive at 5.38%, suggesting a sustained momentum in the market. The consistent growth and concentration in imports highlight the significance of these key exporting countries in meeting Ireland`s water heater demands.

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 Water Heaters Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Water Heaters Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Water Heaters Market - Industry Life Cycle |
3.4 Ireland Water Heaters Market - Porter's Five Forces |
3.5 Ireland Water Heaters Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ireland Water Heaters Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.7 Ireland Water Heaters Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Ireland Water Heaters Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Ireland Water Heaters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient water heaters |
4.2.2 Growing focus on sustainable living practices |
4.2.3 Government incentives and regulations promoting energy-efficient appliances |
4.3 Market Restraints |
4.3.1 High initial cost of energy-efficient water heaters |
4.3.2 Limited consumer awareness about the benefits of energy-efficient water heaters |
5 Ireland Water Heaters Market Trends |
6 Ireland Water Heaters Market, By Types |
6.1 Ireland Water Heaters Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Water Heaters Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Ireland Water Heaters Market Revenues & Volume, By Tank Water Heaters, 2021 - 2031F |
6.1.4 Ireland Water Heaters Market Revenues & Volume, By Tankless Water Heaters, 2021 - 2031F |
6.1.5 Ireland Water Heaters Market Revenues & Volume, By Solar Water Heaters, 2021 - 2031F |
6.1.6 Ireland Water Heaters Market Revenues & Volume, By Hybrid Water Heaters, 2021 - 2031F |
6.1.7 Ireland Water Heaters Market Revenues & Volume, By Condensing Water Heaters, 2021 - 2031F |
6.2 Ireland Water Heaters Market, By Power Source |
6.2.1 Overview and Analysis |
6.2.2 Ireland Water Heaters Market Revenues & Volume, By Electric, 2021 - 2031F |
6.2.3 Ireland Water Heaters Market Revenues & Volume, By Gas, 2021 - 2031F |
6.2.4 Ireland Water Heaters Market Revenues & Volume, By Solar Energy, 2021 - 2031F |
6.2.5 Ireland Water Heaters Market Revenues & Volume, By Heat Pump Technology, 2021 - 2031F |
6.2.6 Ireland Water Heaters Market Revenues & Volume, By High-Efficiency Gas, 2021 - 2031F |
6.3 Ireland Water Heaters Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Ireland Water Heaters Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 Ireland Water Heaters Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.4 Ireland Water Heaters Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.5 Ireland Water Heaters Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.3.6 Ireland Water Heaters Market Revenues & Volume, By Educational Institutions, 2021 - 2031F |
6.4 Ireland Water Heaters Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Ireland Water Heaters Market Revenues & Volume, By Home Hot Water Supply, 2021 - 2031F |
6.4.3 Ireland Water Heaters Market Revenues & Volume, By Hotels & Hospitality, 2021 - 2031F |
6.4.4 Ireland Water Heaters Market Revenues & Volume, By Process Heating, 2021 - 2031F |
6.4.5 Ireland Water Heaters Market Revenues & Volume, By Sterilization, 2021 - 2031F |
6.4.6 Ireland Water Heaters Market Revenues & Volume, By Centralized Heating, 2021 - 2031F |
7 Ireland Water Heaters Market Import-Export Trade Statistics |
7.1 Ireland Water Heaters Market Export to Major Countries |
7.2 Ireland Water Heaters Market Imports from Major Countries |
8 Ireland Water Heaters Market Key Performance Indicators |
8.1 Average energy efficiency rating of water heaters sold |
8.2 Percentage increase in sales of energy-efficient water heaters |
8.3 Number of government incentives or rebates utilized by consumers for purchasing energy-efficient water heaters |
9 Ireland Water Heaters Market - Opportunity Assessment |
9.1 Ireland Water Heaters Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ireland Water Heaters Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.3 Ireland Water Heaters Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Ireland Water Heaters Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ireland Water Heaters Market - Competitive Landscape |
10.1 Ireland Water Heaters Market Revenue Share, By Companies, 2024 |
10.2 Ireland Water Heaters 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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