Latvia Automotive RADAR Market (2025-2031) | Outlook, Forecast, Industry, Share, Analysis, Size, Value, Segmentation, Revenue, Growth, Companies & Trends

Market Forecast By Range Type (Long Range RADAR , Short & Medium Range RADAR), By Application (ACC, AEB, FCWS, BSD, Intelligent Parking Assistance), By Frequency (2X-GHz , 7X-GHz) And Competitive Landscape
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 Automotive Radar Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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.

Latvia Automotive Radar Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia Automotive RADAR Market Outlook
  • Market Size of Latvia Automotive RADAR Market, 2024
  • Forecast of Latvia Automotive RADAR Market, 2031
  • Historical Data and Forecast of Latvia Automotive RADAR Revenues & Volume for the Period 2021-2031
  • Latvia Automotive RADAR Market Trend Evolution
  • Latvia Automotive RADAR Market Drivers and Challenges
  • Latvia Automotive RADAR Price Trends
  • Latvia Automotive RADAR Porter`s Five Forces
  • Latvia Automotive RADAR Industry Life Cycle
  • Historical Data and Forecast of Latvia Automotive RADAR Market Revenues & Volume By Range Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Automotive RADAR Market Revenues & Volume By Long Range RADAR for the Period 2021-2031
  • Historical Data and Forecast of Latvia Automotive RADAR Market Revenues & Volume By Short & Medium Range RADAR for the Period 2021-2031
  • Historical Data and Forecast of Latvia Automotive RADAR Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Latvia Automotive RADAR Market Revenues & Volume By ACC for the Period 2021-2031
  • Historical Data and Forecast of Latvia Automotive RADAR Market Revenues & Volume By AEB for the Period 2021-2031
  • Historical Data and Forecast of Latvia Automotive RADAR Market Revenues & Volume By FCWS for the Period 2021-2031
  • Historical Data and Forecast of Latvia Automotive RADAR Market Revenues & Volume By BSD for the Period 2021-2031
  • Historical Data and Forecast of Latvia Automotive RADAR Market Revenues & Volume By Intelligent Parking Assistance for the Period 2021-2031
  • Historical Data and Forecast of Latvia Automotive RADAR Market Revenues & Volume By Frequency for the Period 2021-2031
  • Historical Data and Forecast of Latvia Automotive RADAR Market Revenues & Volume By 2X-GHz for the Period 2021-2031
  • Historical Data and Forecast of Latvia Automotive RADAR Market Revenues & Volume By 7X-GHz for the Period 2021-2031
  • Latvia Automotive RADAR Import Export Trade Statistics
  • Market Opportunity Assessment By Range Type
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Frequency
  • Latvia Automotive RADAR Top Companies Market Share
  • Latvia Automotive RADAR Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Automotive RADAR Company Profiles
  • Latvia Automotive RADAR Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Automotive RADAR Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Automotive RADAR Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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

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