| Product Code: ETC5903639 | 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 |
The import shipments of SCARA robots to Latvia in 2024 were primarily sourced from Sweden, Germany, Australia, Lithuania, and Austria. The market showed a shift from high concentration in 2023 to low concentration in 2024, indicating increased diversification. Despite a negative growth rate of -45.59% in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained positive at 8.37%. This suggests a stable overall growth trend in the Latvian market for SCARA robots, with potential for further expansion and development in the coming years.

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 SCARA Robot Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia SCARA Robot Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia SCARA Robot Market - Industry Life Cycle |
3.4 Latvia SCARA Robot Market - Porter's Five Forces |
3.5 Latvia SCARA Robot Market Revenues & Volume Share, By Payload Capacity, 2021 & 2031F |
3.6 Latvia SCARA Robot Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia SCARA Robot Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Latvia SCARA Robot Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automation and robotics in manufacturing industries |
4.2.2 Technological advancements in SCARA robot design and capabilities |
4.2.3 Growing need for precision and accuracy in manufacturing processes |
4.3 Market Restraints |
4.3.1 High initial investment cost for acquiring SCARA robots |
4.3.2 Lack of skilled workforce to operate and maintain SCARA robots effectively |
4.3.3 Concerns about potential job displacement due to automation |
5 Latvia SCARA Robot Market Trends |
6 Latvia SCARA Robot Market Segmentations |
6.1 Latvia SCARA Robot Market, By Payload Capacity |
6.1.1 Overview and Analysis |
6.1.2 Latvia SCARA Robot Market Revenues & Volume, By Up to 5.00 kg, 2021-2031F |
6.1.3 Latvia SCARA Robot Market Revenues & Volume, By 5.01? ??15.00 kg, 2021-2031F |
6.2 Latvia SCARA Robot Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia SCARA Robot Market Revenues & Volume, By Handling , 2021-2031F |
6.2.3 Latvia SCARA Robot Market Revenues & Volume, By Assembling & Disassembling, 2021-2031F |
6.3 Latvia SCARA Robot Market, By Industry |
6.3.1 Overview and Analysis |
6.3.2 Latvia SCARA Robot Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.3 Latvia SCARA Robot Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.3.4 Latvia SCARA Robot Market Revenues & Volume, By Metals & Machinery, 2021-2031F |
6.3.5 Latvia SCARA Robot Market Revenues & Volume, By Food & Beverages, 2021-2031F |
7 Latvia SCARA Robot Market Import-Export Trade Statistics |
7.1 Latvia SCARA Robot Market Export to Major Countries |
7.2 Latvia SCARA Robot Market Imports from Major Countries |
8 Latvia SCARA Robot Market Key Performance Indicators |
8.1 Average time saved in production processes by using SCARA robots |
8.2 Reduction in error rates in manufacturing processes after implementing SCARA robots |
8.3 Increase in operational efficiency and throughput in manufacturing facilities with SCARA robots |
9 Latvia SCARA Robot Market - Opportunity Assessment |
9.1 Latvia SCARA Robot Market Opportunity Assessment, By Payload Capacity, 2021 & 2031F |
9.2 Latvia SCARA Robot Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia SCARA Robot Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Latvia SCARA Robot Market - Competitive Landscape |
10.1 Latvia SCARA Robot Market Revenue Share, By Companies, 2024 |
10.2 Latvia SCARA Robot Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here