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Metal-Forming Machinery & Machine Tool Manufacturing in Ireland - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

IE-C2822 August 2024 Factsheet

Revenue

€93.7m

2019-2024 1.6 %
2024-2029 X.X %

Employees

1,068

2019-2024 5.2 %
2024-2029 X.X %

Businesses

61

2019-2024 0.6 %
2024-2029 X.X %

Wages

€XX.Xm

2019-2024 X.X %
2024-2029 X.X %

Metal-Forming Machinery & Machine Tool Manufacturing in Ireland market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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  • Market estimates from 2014-2029
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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Ireland compared to Europe?

Country Benchmarking

Industry Data Ireland

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#23 In Europe
Business
#24 In Europe
Employees
#22 In Europe
Wages
#21 In Europe

The Metal-Forming Machinery & Machine Tool Manufacturing in Ireland ranks 23rd in Europe with regards to its 2024 revenue (€93.7m). Revenue received by operators in Ireland has been low in volatility over the past five-year period, with the average annual change in revenue (1.6 %) most comparable to...

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Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

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What is the market size of the Metal-Forming Machinery & Machine Tool Manufacturing industry in Ireland in 2024?

The market size of the Metal-Forming Machinery & Machine Tool Manufacturing industry in Ireland is €93.7m in 2024.

How many businesses are there in the Metal-Forming Machinery & Machine Tool Manufacturing in Ireland industry in 2024?

There are 61 businesses in the Metal-Forming Machinery & Machine Tool Manufacturing industry in Ireland, which has declined at a CAGR of 0.6 % between 2019 and 2024.

Has the Metal-Forming Machinery & Machine Tool Manufacturing industry in Ireland grown or declined over the past 5 years?

The market size of the Metal-Forming Machinery & Machine Tool Manufacturing industry in Ireland has been growing at a CAGR of 1.6 % between 2019 and 2024.

What is the forecast growth of the Metal-Forming Machinery & Machine Tool Manufacturing industry in Ireland over the next 5 years?

Over the next five years, the Metal-Forming Machinery & Machine Tool Manufacturing industry in Ireland is expected to grow.

What are the biggest companies in the Metal-Forming Machinery & Machine Tool Manufacturing market in Ireland?

The biggest companies operating in the Metal-Forming Machinery & Machine Tool Manufacturing market in Ireland are Trumpf GmbH & Co KG, ESAB Corporation and Liebherr-International AG

What does the Metal-Forming Machinery & Machine Tool Manufacturing in Ireland include?

Metal cutting machine tools and Forming machine tools are part of the Metal-Forming Machinery & Machine Tool Manufacturing industry.

Which companies have the highest market share in the Metal-Forming Machinery & Machine Tool Manufacturing in Ireland?

The company holding the most market share in Ireland is Trumpf GmbH & Co KG.

How competitive is the Metal-Forming Machinery & Machine Tool Manufacturing industry in Ireland?

The level of competition is moderate and steady in the Metal-Forming Machinery & Machine Tool Manufacturing industry in Ireland.

Related Industries

This industry is covered in 37 countries

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Table of Contents

About this industry

Industry definition

This industry includes the manufacture of machine tools for drilling, turning, milling, bending and pressing. The industry also includes the manufacture of machine tools that use laser beams, ultrasonic waves, plasma arcs and magnetic pulses to process all materials.

What's included in this industry?

Metal cutting machine toolsForming machine toolsParts and accessories for machine tools

Industry Code

ISIC 2006

2822 - Manufacture of metal-forming machinery and machine tools in Ireland

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue Growth
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Metal-Forming Machinery & Machine Tool Manufacturing in Ireland
  • Employees in the Metal-Forming Machinery & Machine Tool Manufacturing in Ireland
  • Business in the Metal-Forming Machinery & Machine Tool Manufacturing in Ireland
  • Profit in the Metal-Forming Machinery & Machine Tool Manufacturing in Ireland

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Product safety is a paramount concern. The main regulation affecting manufacturers is how safe their machinery is to operate, although this is decreasing in importance as more and more machines are remotely operated via computers.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Metal-Forming Machinery & Machine Tool Manufacturing in Ireland industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Key input prices can fluctuate heavily. Manufacturers of machinery require regular shipments of raw materials like steel, aluminium and other metals, whose costs can rise and fall regularly, adding volatility to profit.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Metal-Forming Machinery & Machine Tool Manufacturing in Ireland industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.