Ireland Precision Engineering Machines Market (2025-2031) | Size & Revenue, Growth, Value, Competitive Landscape, Segmentation, Industry, Companies, Outlook, Forecast, Analysis, Share, Trends

Name: Ireland Precision Engineering Machines Market (2025-2031) | Trends & Outlook
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By End-use (Automotive, Non-Automotive) And Competitive Landscape

Product Code: ETC7638334	Publication Date: Sep 2024	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Shubham Padhi	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Ireland Precision Engineering Machines Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Ireland`s precision engineering machines import market saw a shift in concentration from high to moderate, reflecting a more diversified import landscape. Key exporting countries such as Switzerland, USA, UK, Japan, and Italy continued to play significant roles in supplying machinery to Ireland. Despite a negative growth rate in 2024, the overall compound annual growth rate (CAGR) from 2020 to 2024 remained positive at 0.15, indicating a steady expansion over the years. This market trend suggests opportunities for Irish businesses to access a variety of high-quality precision engineering machines from a range of global suppliers.

Ireland Precision Engineering Machines Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Ireland Precision Engineering Machines Market Outlook
Market Size of Ireland Precision Engineering Machines Market, 2024
Forecast of Ireland Precision Engineering Machines Market, 2031
Historical Data and Forecast of Ireland Precision Engineering Machines Revenues & Volume for the Period 2021- 2031
Ireland Precision Engineering Machines Market Trend Evolution
Ireland Precision Engineering Machines Market Drivers and Challenges
Ireland Precision Engineering Machines Price Trends
Ireland Precision Engineering Machines Porter's Five Forces
Ireland Precision Engineering Machines Industry Life Cycle
Historical Data and Forecast of Ireland Precision Engineering Machines Market Revenues & Volume By End-use for the Period 2021- 2031
Historical Data and Forecast of Ireland Precision Engineering Machines Market Revenues & Volume By Automotive for the Period 2021- 2031
Historical Data and Forecast of Ireland Precision Engineering Machines Market Revenues & Volume By Non-Automotive for the Period 2021- 2031
Ireland Precision Engineering Machines Import Export Trade Statistics
Market Opportunity Assessment By End-use
Ireland Precision Engineering Machines Top Companies Market Share
Ireland Precision Engineering Machines Competitive Benchmarking By Technical and Operational Parameters
Ireland Precision Engineering Machines Company Profiles
Ireland Precision Engineering Machines Key Strategic Recommendations

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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 Precision Engineering Machines Market Overview

3.1 Ireland Country Macro Economic Indicators

3.2 Ireland Precision Engineering Machines Market Revenues & Volume, 2021 & 2031F

3.3 Ireland Precision Engineering Machines Market - Industry Life Cycle

3.4 Ireland Precision Engineering Machines Market - Porter's Five Forces

3.5 Ireland Precision Engineering Machines Market Revenues & Volume Share, By End-use, 2021 & 2031F

4 Ireland Precision Engineering Machines Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for precision engineering machines in industries such as aerospace, automotive, and electronics due to the need for high precision manufacturing processes.

4.2.2 Technological advancements leading to the development of more efficient and accurate precision engineering machines.

4.2.3 Government initiatives and investments in promoting manufacturing and engineering sectors in Ireland.

4.3 Market Restraints

4.3.1 High initial cost of precision engineering machines leading to a barrier for small and medium-sized enterprises.

4.3.2 Skilled labor shortage in the precision engineering sector impacting the adoption and utilization of these machines.

4.3.3 Fluctuations in raw material prices affecting the overall cost of production for precision engineering machines.

5 Ireland Precision Engineering Machines Market Trends

6 Ireland Precision Engineering Machines Market, By Types

6.1 Ireland Precision Engineering Machines Market, By End-use

6.1.1 Overview and Analysis

6.1.2 Ireland Precision Engineering Machines Market Revenues & Volume, By End-use, 2021- 2031F

6.1.3 Ireland Precision Engineering Machines Market Revenues & Volume, By Automotive, 2021- 2031F

6.1.4 Ireland Precision Engineering Machines Market Revenues & Volume, By Non-Automotive, 2021- 2031F

7 Ireland Precision Engineering Machines Market Import-Export Trade Statistics

7.1 Ireland Precision Engineering Machines Market Export to Major Countries

7.2 Ireland Precision Engineering Machines Market Imports from Major Countries

8 Ireland Precision Engineering Machines Market Key Performance Indicators

8.1 Percentage increase in utilization rate of precision engineering machines in Ireland.

8.2 Average time taken for product development using precision engineering machines.

8.3 Number of patents filed for innovations related to precision engineering machines in Ireland.

8.4 Percentage increase in RD investments by precision engineering machine manufacturers in Ireland.

8.5 Rate of adoption of Industry 4.0 technologies in precision engineering processes in Ireland.

9 Ireland Precision Engineering Machines Market - Opportunity Assessment

9.1 Ireland Precision Engineering Machines Market Opportunity Assessment, By End-use, 2021 & 2031F

10 Ireland Precision Engineering Machines Market - Competitive Landscape

10.1 Ireland Precision Engineering Machines Market Revenue Share, By Companies, 2024

10.2 Ireland Precision Engineering Machines Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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