| Product Code: ETC5552652 | 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 |
In 2024, Latvia`s automotive sensors import market continued to see a diverse range of suppliers, with top exporters including Germany, Poland, China, Lithuania, and Finland. The low Herfindahl-Hirschman Index (HHI) indicates a competitive landscape. However, the market experienced a negative compound annual growth rate (CAGR) of -2.85% from 2020 to 2024, with a significant drop in growth rate of -11.95% from 2023 to 2024. This trend suggests potential challenges or shifts in the automotive sensors import market in Latvia that may require closer monitoring and strategic considerations for industry players.

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 Sensors Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive Sensors Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive Sensors Market - Industry Life Cycle |
3.4 Latvia Automotive Sensors Market - Porter's Five Forces |
3.5 Latvia Automotive Sensors Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.6 Latvia Automotive Sensors Market Revenues & Volume Share, By Sensor Type, 2021 & 2031F |
3.7 Latvia Automotive Sensors Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Automotive Sensors Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Latvia Automotive Sensors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced driver-assistance systems (ADAS) in vehicles |
4.2.2 Growing focus on vehicle safety and regulatory requirements for sensor integration |
4.2.3 Technological advancements leading to the development of more sophisticated sensors |
4.3 Market Restraints |
4.3.1 High initial investment and installation costs associated with automotive sensors |
4.3.2 Limited awareness and adoption of advanced sensor technologies in the Latvian automotive industry |
5 Latvia Automotive Sensors Market Trends |
6 Latvia Automotive Sensors Market Segmentations |
6.1 Latvia Automotive Sensors Market, By Sales Channel |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive Sensors Market Revenues & Volume, By Introduction, 2021-2031F |
6.1.3 Latvia Automotive Sensors Market Revenues & Volume, By Original Equipment Manufacturer (OEM), 2021-2031F |
6.1.4 Latvia Automotive Sensors Market Revenues & Volume, By Aftermarket, 2021-2031F |
6.2 Latvia Automotive Sensors Market, By Sensor Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive Sensors Market Revenues & Volume, By Introduction, 2021-2031F |
6.2.3 Latvia Automotive Sensors Market Revenues & Volume, By Temperature Sensors, 2021-2031F |
6.2.4 Latvia Automotive Sensors Market Revenues & Volume, By Pressure Sensors, 2021-2031F |
6.2.5 Latvia Automotive Sensors Market Revenues & Volume, By Oxygen Sensors, 2021-2031F |
6.2.6 Latvia Automotive Sensors Market Revenues & Volume, By NOx Sensors, 2021-2031F |
6.2.7 Latvia Automotive Sensors Market Revenues & Volume, By Position Sensors, 2021-2031F |
6.3 Latvia Automotive Sensors Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Automotive Sensors Market Revenues & Volume, By Introduction, 2021-2031F |
6.3.3 Latvia Automotive Sensors Market Revenues & Volume, By Powertrain Systems, 2021-2031F |
6.3.4 Latvia Automotive Sensors Market Revenues & Volume, By ? Chassis, 2021-2031F |
6.3.5 Latvia Automotive Sensors Market Revenues & Volume, By ? Exhaust Systems, 2021-2031F |
6.3.6 Latvia Automotive Sensors Market Revenues & Volume, By ? Safety & Control Systems, 2021-2031F |
6.3.7 Latvia Automotive Sensors Market Revenues & Volume, By ? Vehicle Body Electronics, 2021-2031F |
6.3.8 Latvia Automotive Sensors Market Revenues & Volume, By ? Others, 2021-2031F |
6.3.9 Latvia Automotive Sensors Market Revenues & Volume, By ? Others, 2021-2031F |
6.4 Latvia Automotive Sensors Market, By Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 Latvia Automotive Sensors Market Revenues & Volume, By Introduction, 2021-2031F |
6.4.3 Latvia Automotive Sensors Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.4.4 Latvia Automotive Sensors Market Revenues & Volume, By LCV, 2021-2031F |
6.4.5 Latvia Automotive Sensors Market Revenues & Volume, By HCV, 2021-2031F |
7 Latvia Automotive Sensors Market Import-Export Trade Statistics |
7.1 Latvia Automotive Sensors Market Export to Major Countries |
7.2 Latvia Automotive Sensors Market Imports from Major Countries |
8 Latvia Automotive Sensors Market Key Performance Indicators |
8.1 Average sensor integration rate per vehicle in the Latvian market |
8.2 Rate of adoption of ADAS technologies in vehicles |
8.3 Number of new sensor technologies introduced in the market annually |
9 Latvia Automotive Sensors Market - Opportunity Assessment |
9.1 Latvia Automotive Sensors Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.2 Latvia Automotive Sensors Market Opportunity Assessment, By Sensor Type, 2021 & 2031F |
9.3 Latvia Automotive Sensors Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Automotive Sensors Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Latvia Automotive Sensors Market - Competitive Landscape |
10.1 Latvia Automotive Sensors Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive Sensors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |