Mining, Quarrying & Construction Machinery Manufacturing in Ireland - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

Hit a wall: Inflationary pressures will weigh on industry revenue growth in 2022-23

Revenue is forecast to climb at a compound annual rate of 1.4% to reach €151 million over the five years through 2023. Manufacturers have benefited from robust industrial activity, but significant disruption caused by the COVID-19 pandemic is expected to caused revenue to dip, constraining overall growth during the period. Irish manufacturers are predominantly original equipment manufacturers (OEMs) focusing on the production of equipment parts.

Firms in this industry manufacture heavy machinery and equipment used in construction, mining, quarrying and other industrial applications. This includes the production of continuous action machinery for underground use (e.g. boring and tunnelling machines), equipment used for oil and gas exploration (e.g. drilling rigs), and associated components.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.