| Product Code: ETC5060305 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia saw a significant increase in the import of floating cranes, with top exporting countries including Austria, Australia, South Korea, Sweden, and Estonia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. The impressive compound annual growth rate (CAGR) of 41.13% from 2020 to 2024 reflects a booming industry. Moreover, the growth rate of 29.1% from 2023 to 2024 underscores the continued expansion and demand for floating cranes 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 Floating Cranes Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Floating Cranes Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Floating Cranes Market - Industry Life Cycle |
3.4 Latvia Floating Cranes Market - Porter's Five Forces |
3.5 Latvia Floating Cranes Market Revenues & Volume Share, By Platform, 2021 & 2031F |
3.6 Latvia Floating Cranes Market Revenues & Volume Share, By Lifting Capacity, 2021 & 2031F |
3.7 Latvia Floating Cranes Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Latvia Floating Cranes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for construction and infrastructure development projects in Latvia |
4.2.2 Growth in maritime trade activities and port infrastructure development |
4.2.3 Technological advancements in floating crane design and capabilities |
4.3 Market Restraints |
4.3.1 High initial investment and operational costs associated with floating cranes |
4.3.2 Regulatory challenges and compliance requirements in the maritime industry |
5 Latvia Floating Cranes Market Trends |
6 Latvia Floating Cranes Market Segmentations |
6.1 Latvia Floating Cranes Market, By Platform |
6.1.1 Overview and Analysis |
6.1.2 Latvia Floating Cranes Market Revenues & Volume, By Single Hull Vessel, 2021-2031F |
6.1.3 Latvia Floating Cranes Market Revenues & Volume, By Catamaran, 2021-2031F |
6.1.4 Latvia Floating Cranes Market Revenues & Volume, By Semi-submersible, 2021-2031F |
6.1.5 Latvia Floating Cranes Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Floating Cranes Market, By Lifting Capacity |
6.2.1 Overview and Analysis |
6.2.2 Latvia Floating Cranes Market Revenues & Volume, By Less Than 1,000 Tons, 2021-2031F |
6.2.3 Latvia Floating Cranes Market Revenues & Volume, By 1,000 ? ?? 10,000 Tons, 2021-2031F |
6.2.4 Latvia Floating Cranes Market Revenues & Volume, By More Than 10,000 Tons, 2021-2031F |
6.3 Latvia Floating Cranes Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Latvia Floating Cranes Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.3 Latvia Floating Cranes Market Revenues & Volume, By Shipbuilding, 2021-2031F |
6.3.4 Latvia Floating Cranes Market Revenues & Volume, By Transportation & Logistics, 2021-2031F |
6.3.5 Latvia Floating Cranes Market Revenues & Volume, By Power Generation, 2021-2031F |
6.3.6 Latvia Floating Cranes Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Floating Cranes Market Import-Export Trade Statistics |
7.1 Latvia Floating Cranes Market Export to Major Countries |
7.2 Latvia Floating Cranes Market Imports from Major Countries |
8 Latvia Floating Cranes Market Key Performance Indicators |
8.1 Average utilization rate of floating cranes in Latvia |
8.2 Number of new construction and infrastructure projects requiring floating crane services |
8.3 Percentage increase in port handling capacity and efficiency |
8.4 Average age of floating crane fleet in Latvia |
8.5 Rate of adoption of eco-friendly and energy-efficient floating crane technologies |
9 Latvia Floating Cranes Market - Opportunity Assessment |
9.1 Latvia Floating Cranes Market Opportunity Assessment, By Platform, 2021 & 2031F |
9.2 Latvia Floating Cranes Market Opportunity Assessment, By Lifting Capacity, 2021 & 2031F |
9.3 Latvia Floating Cranes Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Latvia Floating Cranes Market - Competitive Landscape |
10.1 Latvia Floating Cranes Market Revenue Share, By Companies, 2024 |
10.2 Latvia Floating Cranes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |