Latvia Marine Radar Market (2025-2031) | Segmentation, Growth, Size, Revenue, Trends, Share, Forecast, Companies, Analysis, Outlook, Value & Industry
Market Forecast By Product Type (X-Band, S-Band), By Component (Transmitter, Receiver, Antennae, Others), By Application (Fishing Vessel, Recreational Boat, Merchant Marine, Others), By Industry (Naval) And Competitive Landscape
| Product Code: ETC5129066 | 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 |
Latvia Marine Radar Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Latvia saw a shift in the concentration of marine radar import shipments, moving from high concentration in 2023 to a more moderate level. The top exporting countries to Latvia included Lithuania, Poland, Canada, Hungary, and the Netherlands. Despite a negative growth rate of -52.03% in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained positive at 2.47%. This data suggests a dynamic market environment for marine radar imports in Latvia, with potential opportunities for further diversification and growth in the coming years.
Marine Radar Market: Latvia vs Top 5 Major Economies in 2027 (Europe)
By 2027, Latvia's Marine Radar market is forecasted to achieve a stable growth rate of 3.75%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.
Key Highlights of the Report:
- Latvia Marine Radar Market Outlook
- Market Size of Latvia Marine Radar Market, 2024
- Forecast of Latvia Marine Radar Market, 2031
- Historical Data and Forecast of Latvia Marine Radar Revenues & Volume for the Period 2021-2031
- Latvia Marine Radar Market Trend Evolution
- Latvia Marine Radar Market Drivers and Challenges
- Latvia Marine Radar Price Trends
- Latvia Marine Radar Porter`s Five Forces
- Latvia Marine Radar Industry Life Cycle
- Historical Data and Forecast of Latvia Marine Radar Market Revenues & Volume By Product Type for the Period 2021-2031
- Historical Data and Forecast of Latvia Marine Radar Market Revenues & Volume By X-Band for the Period 2021-2031
- Historical Data and Forecast of Latvia Marine Radar Market Revenues & Volume By S-Band for the Period 2021-2031
- Historical Data and Forecast of Latvia Marine Radar Market Revenues & Volume By Component for the Period 2021-2031
- Historical Data and Forecast of Latvia Marine Radar Market Revenues & Volume By Transmitter for the Period 2021-2031
- Historical Data and Forecast of Latvia Marine Radar Market Revenues & Volume By Receiver for the Period 2021-2031
- Historical Data and Forecast of Latvia Marine Radar Market Revenues & Volume By Antennae for the Period 2021-2031
- Historical Data and Forecast of Latvia Marine Radar Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Latvia Marine Radar Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Latvia Marine Radar Market Revenues & Volume By Fishing Vessel for the Period 2021-2031
- Historical Data and Forecast of Latvia Marine Radar Market Revenues & Volume By Recreational Boat for the Period 2021-2031
- Historical Data and Forecast of Latvia Marine Radar Market Revenues & Volume By Merchant Marine for the Period 2021-2031
- Historical Data and Forecast of Latvia Marine Radar Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Latvia Marine Radar Market Revenues & Volume By Industry for the Period 2021-2031
- Historical Data and Forecast of Latvia Marine Radar Market Revenues & Volume By Naval for the Period 2021-2031
- Latvia Marine Radar Import Export Trade Statistics
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By Component
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Industry
- Latvia Marine Radar Top Companies Market Share
- Latvia Marine Radar Competitive Benchmarking By Technical and Operational Parameters
- Latvia Marine Radar Company Profiles
- Latvia Marine Radar Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Marine 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 Marine Radar Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Marine Radar Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Marine Radar Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Marine Radar Market - Industry Life Cycle |
3.4 Latvia Marine Radar Market - Porter's Five Forces |
3.5 Latvia Marine Radar Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Marine Radar Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Latvia Marine Radar Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Marine Radar Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Latvia Marine Radar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing maritime trade activities in Latvia |
4.2.2 Growing focus on maritime safety and security regulations |
4.2.3 Technological advancements in radar systems |
4.2.4 Government initiatives to modernize maritime infrastructure |
4.3 Market Restraints |
4.3.1 High initial investment costs for radar systems |
4.3.2 Lack of skilled workforce for radar system maintenance |
4.3.3 Vulnerability to cyber threats in radar systems |
4.3.4 Seasonal variations in maritime activities |
5 Latvia Marine Radar Market Trends |
6 Latvia Marine Radar Market Segmentations |
6.1 Latvia Marine Radar Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Marine Radar Market Revenues & Volume, By X-Band, 2021-2031F |
6.1.3 Latvia Marine Radar Market Revenues & Volume, By S-Band, 2021-2031F |
6.2 Latvia Marine Radar Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Latvia Marine Radar Market Revenues & Volume, By Transmitter, 2021-2031F |
6.2.3 Latvia Marine Radar Market Revenues & Volume, By Receiver, 2021-2031F |
6.2.4 Latvia Marine Radar Market Revenues & Volume, By Antennae, 2021-2031F |
6.2.5 Latvia Marine Radar Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Marine Radar Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Marine Radar Market Revenues & Volume, By Fishing Vessel, 2021-2031F |
6.3.3 Latvia Marine Radar Market Revenues & Volume, By Recreational Boat, 2021-2031F |
6.3.4 Latvia Marine Radar Market Revenues & Volume, By Merchant Marine, 2021-2031F |
6.3.5 Latvia Marine Radar Market Revenues & Volume, By Others, 2021-2031F |
6.4 Latvia Marine Radar Market, By Industry |
6.4.1 Overview and Analysis |
6.4.2 Latvia Marine Radar Market Revenues & Volume, By Naval, 2021-2031F |
7 Latvia Marine Radar Market Import-Export Trade Statistics |
7.1 Latvia Marine Radar Market Export to Major Countries |
7.2 Latvia Marine Radar Market Imports from Major Countries |
8 Latvia Marine Radar Market Key Performance Indicators |
8.1 Percentage increase in the adoption of radar systems in Latvian ports |
8.2 Average response time for radar system maintenance and repair |
8.3 Number of cybersecurity incidents reported in relation to radar systems |
9 Latvia Marine Radar Market - Opportunity Assessment |
9.1 Latvia Marine Radar Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Marine Radar Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Latvia Marine Radar Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Marine Radar Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Latvia Marine Radar Market - Competitive Landscape |
10.1 Latvia Marine Radar Market Revenue Share, By Companies, 2024 |
10.2 Latvia Marine Radar Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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