| Product Code: ETC5238119 | 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 |
Despite a significant decrease in growth rate from 2023 to 2024, Ireland`s wire drawing machine import market saw a healthy compound annual growth rate of 10.22% from 2020 to 2024. The top exporting countries to Ireland in 2024 were the UK, China, Germany, Italy, and Japan, indicating a diverse range of sources. However, the market remained highly concentrated with a high Herfindahl-Hirschman Index (HHI). This data suggests potential opportunities for market diversification and strategic partnerships to ensure sustained growth and stability in the wire drawing machine import sector in Ireland.

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 Wire Drawing Machine Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Wire Drawing Machine Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Wire Drawing Machine Market - Industry Life Cycle |
3.4 Ireland Wire Drawing Machine Market - Porter's Five Forces |
3.5 Ireland Wire Drawing Machine Market Revenues & Volume Share, By Distribution channel, 2021 & 2031F |
3.6 Ireland Wire Drawing Machine Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Ireland Wire Drawing Machine Market Revenues & Volume Share, By End User Industry, 2021 & 2031F |
4 Ireland Wire Drawing Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the automotive industry leading to increased demand for wire drawing machines |
4.2.2 Expansion of the construction sector requiring wire products, driving the need for wire drawing machines |
4.2.3 Government initiatives promoting industrial manufacturing, boosting the market for wire drawing machines |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the cost of production for wire drawing machines |
4.3.2 Technological advancements leading to the adoption of alternative materials or manufacturing processes |
4.3.3 Economic uncertainties affecting investments in manufacturing machinery like wire drawing machines |
5 Ireland Wire Drawing Machine Market Trends |
6 Ireland Wire Drawing Machine Market Segmentations |
6.1 Ireland Wire Drawing Machine Market, By Distribution channel |
6.1.1 Overview and Analysis |
6.1.2 Ireland Wire Drawing Machine Market Revenues & Volume, By Direct sales, 2021-2031F |
6.1.3 Ireland Wire Drawing Machine Market Revenues & Volume, By Indirect sales, 2021-2031F |
6.2 Ireland Wire Drawing Machine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Ireland Wire Drawing Machine Market Revenues & Volume, By Electrical wiring, 2021-2031F |
6.2.3 Ireland Wire Drawing Machine Market Revenues & Volume, By Cables, 2021-2031F |
6.2.4 Ireland Wire Drawing Machine Market Revenues & Volume, By Tension-loaded structural components, 2021-2031F |
6.2.5 Ireland Wire Drawing Machine Market Revenues & Volume, By Springs, 2021-2031F |
6.2.6 Ireland Wire Drawing Machine Market Revenues & Volume, By Paper clips, 2021-2031F |
6.2.7 Ireland Wire Drawing Machine Market Revenues & Volume, By Spokes for wheels, 2021-2031F |
6.3 Ireland Wire Drawing Machine Market, By End User Industry |
6.3.1 Overview and Analysis |
6.3.2 Ireland Wire Drawing Machine Market Revenues & Volume, By Construction, 2021-2031F |
6.3.3 Ireland Wire Drawing Machine Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.4 Ireland Wire Drawing Machine Market Revenues & Volume, By Media & Entertainment, 2021-2031F |
6.3.5 Ireland Wire Drawing Machine Market Revenues & Volume, By Machinery & Heavy equipment, 2021-2031F |
6.3.6 Ireland Wire Drawing Machine Market Revenues & Volume, By Marine industry, 2021-2031F |
6.3.7 Ireland Wire Drawing Machine Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.3.8 Ireland Wire Drawing Machine Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.3.9 Ireland Wire Drawing Machine Market Revenues & Volume, By Consumer Goods, 2021-2031F |
7 Ireland Wire Drawing Machine Market Import-Export Trade Statistics |
7.1 Ireland Wire Drawing Machine Market Export to Major Countries |
7.2 Ireland Wire Drawing Machine Market Imports from Major Countries |
8 Ireland Wire Drawing Machine Market Key Performance Indicators |
8.1 Percentage increase in the number of new industrial projects in Ireland |
8.2 Average time taken for wire drawing machine manufacturers to introduce new product models |
8.3 Percentage growth in the adoption of automation technologies in the wire drawing machine sector |
9 Ireland Wire Drawing Machine Market - Opportunity Assessment |
9.1 Ireland Wire Drawing Machine Market Opportunity Assessment, By Distribution channel, 2021 & 2031F |
9.2 Ireland Wire Drawing Machine Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Ireland Wire Drawing Machine Market Opportunity Assessment, By End User Industry, 2021 & 2031F |
10 Ireland Wire Drawing Machine Market - Competitive Landscape |
10.1 Ireland Wire Drawing Machine Market Revenue Share, By Companies, 2024 |
10.2 Ireland Wire Drawing Machine 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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