| Product Code: ETC5879167 | 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 radar import shipments in 2024 saw significant diversification in sourcing countries, with Lithuania, Poland, Canada, Hungary, and the Netherlands emerging as top exporters. The high Herfindahl-Hirschman Index (HHI) concentration observed in 2023 decreased to a more moderate level in 2024, indicating a healthier market competition. Despite a moderate Compound Annual Growth Rate (CAGR) of 2.47% from 2020 to 2024, there was a notable decline in growth rate (-52.03%) from 2023 to 2024. This data suggests a shifting landscape in the automotive radar import market in Latvia, with implications for industry players and stakeholders.

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 RADAR Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive RADAR Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive RADAR Market - Industry Life Cycle |
3.4 Latvia Automotive RADAR Market - Porter's Five Forces |
3.5 Latvia Automotive RADAR Market Revenues & Volume Share, By Range Type, 2021 & 2031F |
3.6 Latvia Automotive RADAR Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Automotive RADAR Market Revenues & Volume Share, By Frequency, 2021 & 2031F |
4 Latvia Automotive RADAR Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Stringent safety regulations mandating the use of advanced driver assistance systems (ADAS) in vehicles. |
4.2.2 Increasing demand for autonomous vehicles driving the adoption of radar technology in automotive applications. |
4.2.3 Technological advancements leading to enhanced radar capabilities and performance in vehicles. |
4.3 Market Restraints |
4.3.1 High initial costs associated with radar technology implementation in vehicles. |
4.3.2 Concerns regarding data security and privacy related to radar systems in vehicles. |
5 Latvia Automotive RADAR Market Trends |
6 Latvia Automotive RADAR Market Segmentations |
6.1 Latvia Automotive RADAR Market, By Range Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive RADAR Market Revenues & Volume, By Long Range RADAR , 2021-2031F |
6.1.3 Latvia Automotive RADAR Market Revenues & Volume, By Short & Medium Range RADAR, 2021-2031F |
6.2 Latvia Automotive RADAR Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive RADAR Market Revenues & Volume, By ACC, 2021-2031F |
6.2.3 Latvia Automotive RADAR Market Revenues & Volume, By AEB, 2021-2031F |
6.2.4 Latvia Automotive RADAR Market Revenues & Volume, By FCWS, 2021-2031F |
6.2.5 Latvia Automotive RADAR Market Revenues & Volume, By BSD, 2021-2031F |
6.2.6 Latvia Automotive RADAR Market Revenues & Volume, By Intelligent Parking Assistance, 2021-2031F |
6.3 Latvia Automotive RADAR Market, By Frequency |
6.3.1 Overview and Analysis |
6.3.2 Latvia Automotive RADAR Market Revenues & Volume, By 2X-GHz , 2021-2031F |
6.3.3 Latvia Automotive RADAR Market Revenues & Volume, By 7X-GHz, 2021-2031F |
7 Latvia Automotive RADAR Market Import-Export Trade Statistics |
7.1 Latvia Automotive RADAR Market Export to Major Countries |
7.2 Latvia Automotive RADAR Market Imports from Major Countries |
8 Latvia Automotive RADAR Market Key Performance Indicators |
8.1 Number of vehicles equipped with radar systems in Latvia. |
8.2 Adoption rate of ADAS features using radar technology in vehicles. |
8.3 Rate of technological advancements in automotive radar systems. |
9 Latvia Automotive RADAR Market - Opportunity Assessment |
9.1 Latvia Automotive RADAR Market Opportunity Assessment, By Range Type, 2021 & 2031F |
9.2 Latvia Automotive RADAR Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Automotive RADAR Market Opportunity Assessment, By Frequency, 2021 & 2031F |
10 Latvia Automotive RADAR Market - Competitive Landscape |
10.1 Latvia Automotive RADAR Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive RADAR Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |