| Product Code: ETC7904141 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia saw a significant increase in aircraft weapons imports in 2024, with top exporting countries being Estonia, China, Kyrgyzstan, USA, and Lithuania. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) for the period 2020-2024 was an impressive 38.02%, while the growth rate from 2023 to 2024 surged to 594.24%. This data suggests a booming market for aircraft weapons in Latvia, driven by strong import activity from diverse international sources.

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 Latvia Aircraft Weapons Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Aircraft Weapons Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Aircraft Weapons Market - Industry Life Cycle |
3.4 Latvia Aircraft Weapons Market - Porter's Five Forces |
3.5 Latvia Aircraft Weapons Market Revenues & Volume Share, By Aircraft Type, 2021 & 2031F |
3.6 Latvia Aircraft Weapons Market Revenues & Volume Share, By Weapons Type, 2021 & 2031F |
4 Latvia Aircraft Weapons Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing defense budgets and focus on modernizing military capabilities in Latvia |
4.2.2 Rising geopolitical tensions and security threats in the region |
4.2.3 Technological advancements in aircraft weapons systems |
4.3 Market Restraints |
4.3.1 Regulatory constraints and export control policies impacting the procurement of aircraft weapons |
4.3.2 Budget constraints and economic uncertainties affecting defense spending |
4.3.3 Dependency on foreign suppliers for advanced aircraft weapons technology |
5 Latvia Aircraft Weapons Market Trends |
6 Latvia Aircraft Weapons Market, By Types |
6.1 Latvia Aircraft Weapons Market, By Aircraft Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Aircraft Weapons Market Revenues & Volume, By Aircraft Type, 2021- 2031F |
6.1.3 Latvia Aircraft Weapons Market Revenues & Volume, By Fixed-Wing Aircraft, 2021- 2031F |
6.1.4 Latvia Aircraft Weapons Market Revenues & Volume, By Rotorcraft, 2021- 2031F |
6.2 Latvia Aircraft Weapons Market, By Weapons Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Aircraft Weapons Market Revenues & Volume, By Bombs, 2021- 2031F |
6.2.3 Latvia Aircraft Weapons Market Revenues & Volume, By Rockets, 2021- 2031F |
6.2.4 Latvia Aircraft Weapons Market Revenues & Volume, By Missiles, 2021- 2031F |
6.2.5 Latvia Aircraft Weapons Market Revenues & Volume, By Guns, 2021- 2031F |
6.2.6 Latvia Aircraft Weapons Market Revenues & Volume, By Ammunition, 2021- 2031F |
7 Latvia Aircraft Weapons Market Import-Export Trade Statistics |
7.1 Latvia Aircraft Weapons Market Export to Major Countries |
7.2 Latvia Aircraft Weapons Market Imports from Major Countries |
8 Latvia Aircraft Weapons Market Key Performance Indicators |
8.1 Research and development (RD) investment in next-generation aircraft weapons systems |
8.2 Number of strategic partnerships and collaborations for technology transfer in aircraft weapons development |
8.3 Rate of adoption of innovative aircraft weapons technology by the Latvian military |
9 Latvia Aircraft Weapons Market - Opportunity Assessment |
9.1 Latvia Aircraft Weapons Market Opportunity Assessment, By Aircraft Type, 2021 & 2031F |
9.2 Latvia Aircraft Weapons Market Opportunity Assessment, By Weapons Type, 2021 & 2031F |
10 Latvia Aircraft Weapons Market - Competitive Landscape |
10.1 Latvia Aircraft Weapons Market Revenue Share, By Companies, 2024 |
10.2 Latvia Aircraft Weapons Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |