| Product Code: ETC11424949 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The import shipments of aerial work platform trucks to Latvia in 2024 show a diverse mix of suppliers, with Metropolitan France, Germany, Lithuania, Sweden, and the UK leading the way. The market concentration, as measured by the HHI, has decreased from moderate to low, indicating a more competitive landscape. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remains strong at 13.33%, reflecting sustained interest and demand in this sector. The market dynamics suggest a healthy and evolving market for aerial work platform trucks in Latvia.

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 Aerial Work Platform Truck Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Aerial Work Platform Truck Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Aerial Work Platform Truck Market - Industry Life Cycle |
3.4 Latvia Aerial Work Platform Truck Market - Porter's Five Forces |
3.5 Latvia Aerial Work Platform Truck Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Aerial Work Platform Truck Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.7 Latvia Aerial Work Platform Truck Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
4 Latvia Aerial Work Platform Truck Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities and infrastructure development projects in Latvia |
4.2.2 Growing demand for aerial work platform trucks in industries such as telecommunications, energy, and maintenance services |
4.2.3 Government initiatives promoting workplace safety regulations and standards in the country |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with aerial work platform trucks |
4.3.2 Limited availability of skilled operators for these specialized vehicles |
4.3.3 Economic fluctuations impacting the overall construction industry in Latvia |
5 Latvia Aerial Work Platform Truck Market Trends |
6 Latvia Aerial Work Platform Truck Market, By Types |
6.1 Latvia Aerial Work Platform Truck Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Aerial Work Platform Truck Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Aerial Work Platform Truck Market Revenues & Volume, By Telescopic Boom Lifts, 2021 - 2031F |
6.1.4 Latvia Aerial Work Platform Truck Market Revenues & Volume, By Articulating Boom Lifts, 2021 - 2031F |
6.1.5 Latvia Aerial Work Platform Truck Market Revenues & Volume, By Truck-Mounted Lifts, 2021 - 2031F |
6.1.6 Latvia Aerial Work Platform Truck Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Latvia Aerial Work Platform Truck Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Latvia Aerial Work Platform Truck Market Revenues & Volume, By Construction, 2021 - 2031F |
6.2.3 Latvia Aerial Work Platform Truck Market Revenues & Volume, By Utility Companies, 2021 - 2031F |
6.2.4 Latvia Aerial Work Platform Truck Market Revenues & Volume, By Municipal Services, 2021 - 2031F |
6.2.5 Latvia Aerial Work Platform Truck Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Latvia Aerial Work Platform Truck Market, By Fuel Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Aerial Work Platform Truck Market Revenues & Volume, By Diesel, 2021 - 2031F |
6.3.3 Latvia Aerial Work Platform Truck Market Revenues & Volume, By Electric, 2021 - 2031F |
6.3.4 Latvia Aerial Work Platform Truck Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.3.5 Latvia Aerial Work Platform Truck Market Revenues & Volume, By Others, 2021 - 2031F |
7 Latvia Aerial Work Platform Truck Market Import-Export Trade Statistics |
7.1 Latvia Aerial Work Platform Truck Market Export to Major Countries |
7.2 Latvia Aerial Work Platform Truck Market Imports from Major Countries |
8 Latvia Aerial Work Platform Truck Market Key Performance Indicators |
8.1 Average utilization rate of aerial work platform trucks in key industries |
8.2 Rate of adoption of advanced safety features in aerial work platform trucks |
8.3 Number of training programs and certifications for aerial work platform truck operators in Latvia |
9 Latvia Aerial Work Platform Truck Market - Opportunity Assessment |
9.1 Latvia Aerial Work Platform Truck Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Aerial Work Platform Truck Market Opportunity Assessment, By End User, 2021 & 2031F |
9.3 Latvia Aerial Work Platform Truck Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
10 Latvia Aerial Work Platform Truck Market - Competitive Landscape |
10.1 Latvia Aerial Work Platform Truck Market Revenue Share, By Companies, 2024 |
10.2 Latvia Aerial Work Platform Truck Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |