| Product Code: ETC7924979 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Latvia yield monitoring devices import market in 2024 continued to see a diverse range of suppliers, with Germany, Poland, China, Lithuania, and Finland leading the way. Despite a slight decline in the CAGR from 2020 to 2024 at -2.85%, the market maintained low concentration with the Herfindahl-Hirschman Index (HHI). However, there was a significant drop in growth rate from 2023 to 2024 at -11.95%, indicating potential shifts in market dynamics or external factors impacting the industry. Monitoring these trends closely will be crucial for stakeholders in the yield monitoring devices market.

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 Yield Monitoring Devices Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Yield Monitoring Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Yield Monitoring Devices Market - Industry Life Cycle |
3.4 Latvia Yield Monitoring Devices Market - Porter's Five Forces |
3.5 Latvia Yield Monitoring Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Latvia Yield Monitoring Devices Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Latvia Yield Monitoring Devices Market Revenues & Volume Share, By Component, 2021 & 2031F |
4 Latvia Yield Monitoring Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on precision agriculture practices in Latvia |
4.2.2 Government initiatives promoting adoption of advanced farming technologies |
4.2.3 Growing awareness among farmers about the benefits of yield monitoring devices |
4.3 Market Restraints |
4.3.1 High initial investment required for purchasing and implementing yield monitoring devices |
4.3.2 Limited availability of skilled labor to operate and maintain the devices in Latvia |
5 Latvia Yield Monitoring Devices Market Trends |
6 Latvia Yield Monitoring Devices Market, By Types |
6.1 Latvia Yield Monitoring Devices Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Yield Monitoring Devices Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Latvia Yield Monitoring Devices Market Revenues & Volume, By Variable Rate Application, 2021- 2031F |
6.1.4 Latvia Yield Monitoring Devices Market Revenues & Volume, By Crop Scouting, 2021- 2031F |
6.1.5 Latvia Yield Monitoring Devices Market Revenues & Volume, By Field Mapping, 2021- 2031F |
6.1.6 Latvia Yield Monitoring Devices Market Revenues & Volume, By Yield Monitoring, 2021- 2031F |
6.2 Latvia Yield Monitoring Devices Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Latvia Yield Monitoring Devices Market Revenues & Volume, By Remote Sensing, 2021- 2031F |
6.2.3 Latvia Yield Monitoring Devices Market Revenues & Volume, By Guidance, 2021- 2031F |
6.3 Latvia Yield Monitoring Devices Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Latvia Yield Monitoring Devices Market Revenues & Volume, By Software, 2021- 2031F |
6.3.3 Latvia Yield Monitoring Devices Market Revenues & Volume, By Hardware, 2021- 2031F |
7 Latvia Yield Monitoring Devices Market Import-Export Trade Statistics |
7.1 Latvia Yield Monitoring Devices Market Export to Major Countries |
7.2 Latvia Yield Monitoring Devices Market Imports from Major Countries |
8 Latvia Yield Monitoring Devices Market Key Performance Indicators |
8.1 Adoption rate of precision agriculture technologies in Latvia |
8.2 Average yield increase reported by farmers using monitoring devices |
8.3 Percentage of farms using yield monitoring devices in Latvia |
8.4 Rate of technological advancements in yield monitoring devices |
8.5 Average return on investment for farmers using yield monitoring devices |
9 Latvia Yield Monitoring Devices Market - Opportunity Assessment |
9.1 Latvia Yield Monitoring Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Latvia Yield Monitoring Devices Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Latvia Yield Monitoring Devices Market Opportunity Assessment, By Component, 2021 & 2031F |
10 Latvia Yield Monitoring Devices Market - Competitive Landscape |
10.1 Latvia Yield Monitoring Devices Market Revenue Share, By Companies, 2024 |
10.2 Latvia Yield Monitoring Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |