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

Market Forecast By Platform (Ammunition, Aviation, Ground, Marine, Unmanned Vehicle, Space), By Application (ISR, C2, Combat & Security, Targeting & Guidance, SAR), By Component (Hardware, Software, Service) And Competitive Landscape
Product Code: ETC5856823 Publication Date: Nov 2023 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Latvia Military Navigation Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, the top countries exporting military navigation products to Latvia were the USA, Turkey, Sweden, Taiwan, Province of China, and the UK. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, Latvia experienced a significant decline in compound annual growth rate (CAGR) of -25.79% from 2020 to 2024. The negative growth rate of -65.32% from 2023 to 2024 suggests challenges in the market. This trend may prompt stakeholders to assess strategies for navigating the evolving landscape of military navigation imports in Latvia.

Key Highlights of the Report:

  • Latvia Military Navigation Market Outlook
  • Market Size of Latvia Military Navigation Market, 2024
  • Forecast of Latvia Military Navigation Market, 2031
  • Historical Data and Forecast of Latvia Military Navigation Revenues & Volume for the Period 2021-2031
  • Latvia Military Navigation Market Trend Evolution
  • Latvia Military Navigation Market Drivers and Challenges
  • Latvia Military Navigation Price Trends
  • Latvia Military Navigation Porter`s Five Forces
  • Latvia Military Navigation Industry Life Cycle
  • Historical Data and Forecast of Latvia Military Navigation Market Revenues & Volume By Platform for the Period 2021-2031
  • Historical Data and Forecast of Latvia Military Navigation Market Revenues & Volume By Ammunition for the Period 2021-2031
  • Historical Data and Forecast of Latvia Military Navigation Market Revenues & Volume By Aviation for the Period 2021-2031
  • Historical Data and Forecast of Latvia Military Navigation Market Revenues & Volume By Ground for the Period 2021-2031
  • Historical Data and Forecast of Latvia Military Navigation Market Revenues & Volume By Marine for the Period 2021-2031
  • Historical Data and Forecast of Latvia Military Navigation Market Revenues & Volume By Unmanned Vehicle for the Period 2021-2031
  • Historical Data and Forecast of Latvia Military Navigation Market Revenues & Volume By Space for the Period 2021-2031
  • Historical Data and Forecast of Latvia Military Navigation Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Latvia Military Navigation Market Revenues & Volume By ISR for the Period 2021-2031
  • Historical Data and Forecast of Latvia Military Navigation Market Revenues & Volume By C2 for the Period 2021-2031
  • Historical Data and Forecast of Latvia Military Navigation Market Revenues & Volume By Combat & Security for the Period 2021-2031
  • Historical Data and Forecast of Latvia Military Navigation Market Revenues & Volume By Targeting & Guidance for the Period 2021-2031
  • Historical Data and Forecast of Latvia Military Navigation Market Revenues & Volume By SAR for the Period 2021-2031
  • Historical Data and Forecast of Latvia Military Navigation Market Revenues & Volume By Component for the Period 2021-2031
  • Historical Data and Forecast of Latvia Military Navigation Market Revenues & Volume By Hardware for the Period 2021-2031
  • Historical Data and Forecast of Latvia Military Navigation Market Revenues & Volume By Software for the Period 2021-2031
  • Historical Data and Forecast of Latvia Military Navigation Market Revenues & Volume By Service for the Period 2021-2031
  • Latvia Military Navigation Import Export Trade Statistics
  • Market Opportunity Assessment By Platform
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Component
  • Latvia Military Navigation Top Companies Market Share
  • Latvia Military Navigation Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Military Navigation Company Profiles
  • Latvia Military Navigation Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Military Navigation 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 Military Navigation 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 Military Navigation Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Military Navigation Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Military Navigation Market - Industry Life Cycle

3.4 Latvia Military Navigation Market - Porter's Five Forces

3.5 Latvia Military Navigation Market Revenues & Volume Share, By Platform, 2021 & 2031F

3.6 Latvia Military Navigation Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 Latvia Military Navigation Market Revenues & Volume Share, By Component, 2021 & 2031F

4 Latvia Military Navigation Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing defense budget allocation by Latvia government

4.2.2 Technological advancements in military navigation systems

4.2.3 Growing focus on enhancing national security and defense capabilities

4.3 Market Restraints

4.3.1 Economic constraints and budget limitations

4.3.2 Geopolitical instability in the region

4.3.3 Dependency on external suppliers for advanced navigation technology

5 Latvia Military Navigation Market Trends

6 Latvia Military Navigation Market Segmentations

6.1 Latvia Military Navigation Market, By Platform

6.1.1 Overview and Analysis

6.1.2 Latvia Military Navigation Market Revenues & Volume, By Ammunition, 2021-2031F

6.1.3 Latvia Military Navigation Market Revenues & Volume, By Aviation, 2021-2031F

6.1.4 Latvia Military Navigation Market Revenues & Volume, By Ground, 2021-2031F

6.1.5 Latvia Military Navigation Market Revenues & Volume, By Marine, 2021-2031F

6.1.6 Latvia Military Navigation Market Revenues & Volume, By Unmanned Vehicle, 2021-2031F

6.1.7 Latvia Military Navigation Market Revenues & Volume, By Space, 2021-2031F

6.2 Latvia Military Navigation Market, By Application

6.2.1 Overview and Analysis

6.2.2 Latvia Military Navigation Market Revenues & Volume, By ISR, 2021-2031F

6.2.3 Latvia Military Navigation Market Revenues & Volume, By C2, 2021-2031F

6.2.4 Latvia Military Navigation Market Revenues & Volume, By Combat & Security, 2021-2031F

6.2.5 Latvia Military Navigation Market Revenues & Volume, By Targeting & Guidance, 2021-2031F

6.2.6 Latvia Military Navigation Market Revenues & Volume, By SAR, 2021-2031F

6.3 Latvia Military Navigation Market, By Component

6.3.1 Overview and Analysis

6.3.2 Latvia Military Navigation Market Revenues & Volume, By Hardware, 2021-2031F

6.3.3 Latvia Military Navigation Market Revenues & Volume, By Software, 2021-2031F

6.3.4 Latvia Military Navigation Market Revenues & Volume, By Service, 2021-2031F

7 Latvia Military Navigation Market Import-Export Trade Statistics

7.1 Latvia Military Navigation Market Export to Major Countries

7.2 Latvia Military Navigation Market Imports from Major Countries

8 Latvia Military Navigation Market Key Performance Indicators

8.1 Percentage increase in defense budget allocated for navigation systems

8.2 Adoption rate of advanced military navigation technologies

8.3 Number of successful national security operations supported by improved navigation systems

8.4 Rate of decrease in reliance on external suppliers for critical navigation technologies

8.5 Number of partnerships with domestic research institutions for developing indigenous navigation solutions

9 Latvia Military Navigation Market - Opportunity Assessment

9.1 Latvia Military Navigation Market Opportunity Assessment, By Platform, 2021 & 2031F

9.2 Latvia Military Navigation Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 Latvia Military Navigation Market Opportunity Assessment, By Component, 2021 & 2031F

10 Latvia Military Navigation Market - Competitive Landscape

10.1 Latvia Military Navigation Market Revenue Share, By Companies, 2024

10.2 Latvia Military Navigation Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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