| Product Code: ETC5408898 | 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 import of electroluminescent panels in 2024 saw a shift in concentration from high to moderate, reflecting a more diversified market. Top exporting countries like Finland, China, Sweden, UK, and Germany are key players in supplying these panels to Latvia. The compound annual growth rate (CAGR) from 2020 to 2024 was -15.96%, indicating a decline in the market. Despite this, the growth rate from 2023 to 2024 showed signs of improvement at -12.89%, suggesting a potential turnaround in the market for electroluminescent panels in Latvia.

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 Electroluminescent (EL) Panels Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Electroluminescent (EL) Panels Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Electroluminescent (EL) Panels Market - Industry Life Cycle |
3.4 Latvia Electroluminescent (EL) Panels Market - Porter's Five Forces |
3.5 Latvia Electroluminescent (EL) Panels Market Revenues & Volume Share, By Shape, 2021 & 2031F |
3.6 Latvia Electroluminescent (EL) Panels Market Revenues & Volume Share, By Colour, 2021 & 2031F |
4 Latvia Electroluminescent (EL) Panels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for energy-efficient lighting solutions in Latvia |
4.2.2 Increasing adoption of electroluminescent (EL) panels in automotive and aerospace industries |
4.2.3 Technological advancements leading to improved efficiency and performance of EL panels |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with EL panels |
4.3.2 Limited awareness and knowledge about EL panel technology among consumers in Latvia |
4.3.3 Availability of alternative lighting technologies impacting the market growth |
5 Latvia Electroluminescent (EL) Panels Market Trends |
6 Latvia Electroluminescent (EL) Panels Market Segmentations |
6.1 Latvia Electroluminescent (EL) Panels Market, By Shape |
6.1.1 Overview and Analysis |
6.1.2 Latvia Electroluminescent (EL) Panels Market Revenues & Volume, By Rectangle, 2021-2031F |
6.1.3 Latvia Electroluminescent (EL) Panels Market Revenues & Volume, By Square, 2021-2031F |
6.1.4 Latvia Electroluminescent (EL) Panels Market Revenues & Volume, By Strip, 2021-2031F |
6.1.5 Latvia Electroluminescent (EL) Panels Market Revenues & Volume, By Round, 2021-2031F |
6.1.6 Latvia Electroluminescent (EL) Panels Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Electroluminescent (EL) Panels Market, By Colour |
6.2.1 Overview and Analysis |
6.2.2 Latvia Electroluminescent (EL) Panels Market Revenues & Volume, By White, 2021-2031F |
6.2.3 Latvia Electroluminescent (EL) Panels Market Revenues & Volume, By Blue, 2021-2031F |
6.2.4 Latvia Electroluminescent (EL) Panels Market Revenues & Volume, By Green, 2021-2031F |
6.2.5 Latvia Electroluminescent (EL) Panels Market Revenues & Volume, By Red, 2021-2031F |
6.2.6 Latvia Electroluminescent (EL) Panels Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Electroluminescent (EL) Panels Market Import-Export Trade Statistics |
7.1 Latvia Electroluminescent (EL) Panels Market Export to Major Countries |
7.2 Latvia Electroluminescent (EL) Panels Market Imports from Major Countries |
8 Latvia Electroluminescent (EL) Panels Market Key Performance Indicators |
8.1 Energy savings achieved through the use of EL panels |
8.2 Number of new applications or industries adopting EL panels |
8.3 Rate of technological advancements in EL panel efficiency and performance |
8.4 Percentage increase in public awareness and knowledge about EL panel technology |
8.5 Market penetration of EL panels in key industries in Latvia |
9 Latvia Electroluminescent (EL) Panels Market - Opportunity Assessment |
9.1 Latvia Electroluminescent (EL) Panels Market Opportunity Assessment, By Shape, 2021 & 2031F |
9.2 Latvia Electroluminescent (EL) Panels Market Opportunity Assessment, By Colour, 2021 & 2031F |
10 Latvia Electroluminescent (EL) Panels Market - Competitive Landscape |
10.1 Latvia Electroluminescent (EL) Panels Market Revenue Share, By Companies, 2024 |
10.2 Latvia Electroluminescent (EL) Panels Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |