| Product Code: ETC5896324 | 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 |
Latvia`s automotive drivetrain import shipments saw a shift in concentration levels from low to moderate in 2024, with top exporters being Germany, Poland, Hungary, Lithuania, and Sweden. Despite a negative growth rate in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 6.68%. This data suggests a steady flow of automotive drivetrain imports into Latvia, with a diverse range of countries contributing to the 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 Latvia Automotive Drivetrain Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive Drivetrain Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive Drivetrain Market - Industry Life Cycle |
3.4 Latvia Automotive Drivetrain Market - Porter's Five Forces |
3.5 Latvia Automotive Drivetrain Market Revenues & Volume Share, By Drive Type, 2021 & 2031F |
3.6 Latvia Automotive Drivetrain Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Latvia Automotive Drivetrain Market Revenues & Volume Share, By Electric Vehicle Drive Type, 2021 & 2031F |
4 Latvia Automotive Drivetrain Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles in Latvia |
4.2.2 Technological advancements in automotive drivetrain systems |
4.2.3 Growing focus on reducing carbon emissions and promoting sustainability in the automotive sector |
4.3 Market Restraints |
4.3.1 High initial costs associated with advanced drivetrain technologies |
4.3.2 Fluctuating raw material prices impacting manufacturing costs |
4.3.3 Regulatory challenges and compliance requirements in the automotive industry |
5 Latvia Automotive Drivetrain Market Trends |
6 Latvia Automotive Drivetrain Market Segmentations |
6.1 Latvia Automotive Drivetrain Market, By Drive Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive Drivetrain Market Revenues & Volume, By AWD, 2021-2031F |
6.1.3 Latvia Automotive Drivetrain Market Revenues & Volume, By RWD, 2021-2031F |
6.1.4 Latvia Automotive Drivetrain Market Revenues & Volume, By FWD, 2021-2031F |
6.2 Latvia Automotive Drivetrain Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive Drivetrain Market Revenues & Volume, By Passenger car, 2021-2031F |
6.2.3 Latvia Automotive Drivetrain Market Revenues & Volume, By LCV, 2021-2031F |
6.2.4 Latvia Automotive Drivetrain Market Revenues & Volume, By Buses , 2021-2031F |
6.2.5 Latvia Automotive Drivetrain Market Revenues & Volume, By Trucks, 2021-2031F |
6.3 Latvia Automotive Drivetrain Market, By Electric Vehicle Drive Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Automotive Drivetrain Market Revenues & Volume, By BEV, 2021-2031F |
6.3.3 Latvia Automotive Drivetrain Market Revenues & Volume, By PHEV, 2021-2031F |
6.3.4 Latvia Automotive Drivetrain Market Revenues & Volume, By HEV, 2021-2031F |
7 Latvia Automotive Drivetrain Market Import-Export Trade Statistics |
7.1 Latvia Automotive Drivetrain Market Export to Major Countries |
7.2 Latvia Automotive Drivetrain Market Imports from Major Countries |
8 Latvia Automotive Drivetrain Market Key Performance Indicators |
8.1 Average fuel efficiency improvement in vehicles using advanced drivetrains |
8.2 Adoption rate of electric and hybrid vehicles in the Latvian market |
8.3 Number of research and development investments in automotive drivetrain technologies |
8.4 Percentage of automotive companies complying with environmental regulations |
8.5 Customer satisfaction ratings for vehicles equipped with advanced drivetrain systems |
9 Latvia Automotive Drivetrain Market - Opportunity Assessment |
9.1 Latvia Automotive Drivetrain Market Opportunity Assessment, By Drive Type, 2021 & 2031F |
9.2 Latvia Automotive Drivetrain Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Latvia Automotive Drivetrain Market Opportunity Assessment, By Electric Vehicle Drive Type, 2021 & 2031F |
10 Latvia Automotive Drivetrain Market - Competitive Landscape |
10.1 Latvia Automotive Drivetrain Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive Drivetrain Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |