| Product Code: ETC4927571 | 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`s active electronic components import market saw a shift in concentration levels from moderate to low in 2024, indicating increased diversity among suppliers. The top exporting countries to Latvia in 2024 were the USA, Estonia, Taiwan, Indonesia, and Germany. Despite a negative CAGR of -10.47% from 2020 to 2024, the growth rate further declined by -19.48% from 2023 to 2024. This emphasizes the challenging landscape for active electronic components imports in Latvia, urging businesses to adapt to evolving market conditions and potentially explore new opportunities for growth.

By 2027, Latvia's Active Electronic Components market is forecasted to achieve a stable growth rate of 1.53%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

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 Active Electronic Components Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Active Electronic Components Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Active Electronic Components Market - Industry Life Cycle |
3.4 Latvia Active Electronic Components Market - Porter's Five Forces |
3.5 Latvia Active Electronic Components Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Active Electronic Components Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Latvia Active Electronic Components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for consumer electronics and smart devices |
4.2.2 Growth in the automotive industry leading to higher demand for electronic components |
4.2.3 Technological advancements and innovations driving the need for advanced electronic components |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up manufacturing facilities |
4.3.2 Fluctuating raw material prices impacting production costs |
4.3.3 Intense competition from global electronic component manufacturers |
5 Latvia Active Electronic Components Market Trends |
6 Latvia Active Electronic Components Market Segmentations |
6.1 Latvia Active Electronic Components Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Active Electronic Components Market Revenues & Volume, By Semiconductor Devices, 2021-2031F |
6.1.3 Latvia Active Electronic Components Market Revenues & Volume, By Vacuum Tubes, 2021-2031F |
6.1.4 Latvia Active Electronic Components Market Revenues & Volume, By Display Devices, 2021-2031F |
6.1.5 Latvia Active Electronic Components Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Active Electronic Components Market, By End-user |
6.2.1 Overview and Analysis |
6.2.2 Latvia Active Electronic Components Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.2.3 Latvia Active Electronic Components Market Revenues & Volume, By Networking & Telecommunication, 2021-2031F |
6.2.4 Latvia Active Electronic Components Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.5 Latvia Active Electronic Components Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.2.6 Latvia Active Electronic Components Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.7 Latvia Active Electronic Components Market Revenues & Volume, By Healthcare, 2021-2031F |
7 Latvia Active Electronic Components Market Import-Export Trade Statistics |
7.1 Latvia Active Electronic Components Market Export to Major Countries |
7.2 Latvia Active Electronic Components Market Imports from Major Countries |
8 Latvia Active Electronic Components Market Key Performance Indicators |
8.1 Research and development expenditure in the electronic components sector |
8.2 Number of patents filed for new electronic component technologies |
8.3 Adoption rate of advanced electronic components in key industries |
9 Latvia Active Electronic Components Market - Opportunity Assessment |
9.1 Latvia Active Electronic Components Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Active Electronic Components Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Latvia Active Electronic Components Market - Competitive Landscape |
10.1 Latvia Active Electronic Components Market Revenue Share, By Companies, 2024 |
10.2 Latvia Active Electronic Components Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |