| Product Code: ETC5783001 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import shipments of shunt reactors to Ireland saw a notable increase in concentration in 2024, with top exporting countries being Turkey, UK, China, Japan, and Metropolitan France. This heightened concentration suggests a more focused market landscape. The impressive Compound Annual Growth Rate (CAGR) of 22.11% from 2020 to 2024 indicates strong growth momentum in the industry. Moreover, the growth rate of 17.49% from 2023 to 2024 underscores the continued expansion and demand for shunt reactors in the Irish market.

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 Shunt Reactor Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Shunt Reactor Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Shunt Reactor Market - Industry Life Cycle |
3.4 Ireland Shunt Reactor Market - Porter's Five Forces |
3.5 Ireland Shunt Reactor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ireland Shunt Reactor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Ireland Shunt Reactor Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Ireland Shunt Reactor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electricity transmission and distribution infrastructure in Ireland |
4.2.2 Growing focus on renewable energy sources leading to grid instability and need for reactive power compensation |
4.2.3 Government initiatives promoting grid modernization and energy efficiency |
4.3 Market Restraints |
4.3.1 High initial investment cost for shunt reactor installation |
4.3.2 Limited availability of skilled labor for maintenance and operation of shunt reactors |
4.3.3 Regulatory challenges and environmental concerns related to shunt reactor technology |
5 Ireland Shunt Reactor Market Trends |
6 Ireland Shunt Reactor Market Segmentations |
6.1 Ireland Shunt Reactor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Shunt Reactor Market Revenues & Volume, By Oil-Immersed , 2021-2031F |
6.1.3 Ireland Shunt Reactor Market Revenues & Volume, By Air-Core, 2021-2031F |
6.2 Ireland Shunt Reactor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Ireland Shunt Reactor Market Revenues & Volume, By Variable Reactors , 2021-2031F |
6.2.3 Ireland Shunt Reactor Market Revenues & Volume, By Fixed Reactors, 2021-2031F |
6.3 Ireland Shunt Reactor Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Ireland Shunt Reactor Market Revenues & Volume, By Electrical Utilities , 2021-2031F |
6.3.3 Ireland Shunt Reactor Market Revenues & Volume, By IndustrialVerticals, 2021-2031F |
7 Ireland Shunt Reactor Market Import-Export Trade Statistics |
7.1 Ireland Shunt Reactor Market Export to Major Countries |
7.2 Ireland Shunt Reactor Market Imports from Major Countries |
8 Ireland Shunt Reactor Market Key Performance Indicators |
8.1 Percentage increase in renewable energy capacity in Ireland |
8.2 Number of grid modernization projects initiated by the government |
8.3 Frequency of grid instability events in the country due to renewable energy integration |
8.4 Adoption rate of advanced power grid technologies in Ireland |
8.5 Number of technical training programs for shunt reactor operation and maintenance in the market |
9 Ireland Shunt Reactor Market - Opportunity Assessment |
9.1 Ireland Shunt Reactor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ireland Shunt Reactor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Ireland Shunt Reactor Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Ireland Shunt Reactor Market - Competitive Landscape |
10.1 Ireland Shunt Reactor Market Revenue Share, By Companies, 2024 |
10.2 Ireland Shunt Reactor 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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