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

Market Forecast By Type (Aerospace, Defense), By Operation (Autonomous, Manual), By Component (Weapon System, Fire Control System, Command & Control System, Others) And Competitive Landscape
Product Code: ETC5056581 Publication Date: Nov 2023 Updated Date: Sep 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Latvia Aerospace and Defense Market Size Growth Rate


The Latvia Aerospace and Defense Market is projected to witness mixed growth rate patterns during 2025 to 2029. From 4.75% in 2025, the growth rate steadily ascends to 17.78% in 2029.

Latvia Aerospace and Defense Market Growth Rate

Aerospace and Defense Market: Latvia vs Top 5 Major Economies in 2027 (Europe)


The Aerospace and Defense market in Latvia is projected to grow at a growing growth rate of 5.12% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

Aerospace and Defense Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

  • Latvia Aerospace and Defense Market Outlook
  • Market Size of Latvia Aerospace and Defense Market, 2024
  • Forecast of Latvia Aerospace and Defense Market, 2031
  • Historical Data and Forecast of Latvia Aerospace and Defense Revenues & Volume for the Period 2021-2031
  • Latvia Aerospace and Defense Market Trend Evolution
  • Latvia Aerospace and Defense Market Drivers and Challenges
  • Latvia Aerospace and Defense Price Trends
  • Latvia Aerospace and Defense Porter`s Five Forces
  • Latvia Aerospace and Defense Industry Life Cycle
  • Historical Data and Forecast of Latvia Aerospace and Defense Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Aerospace and Defense Market Revenues & Volume By Aerospace for the Period 2021-2031
  • Historical Data and Forecast of Latvia Aerospace and Defense Market Revenues & Volume By Defense for the Period 2021-2031
  • Historical Data and Forecast of Latvia Aerospace and Defense Market Revenues & Volume By Operation for the Period 2021-2031
  • Historical Data and Forecast of Latvia Aerospace and Defense Market Revenues & Volume By Autonomous for the Period 2021-2031
  • Historical Data and Forecast of Latvia Aerospace and Defense Market Revenues & Volume By Manual for the Period 2021-2031
  • Historical Data and Forecast of Latvia Aerospace and Defense Market Revenues & Volume By Component for the Period 2021-2031
  • Historical Data and Forecast of Latvia Aerospace and Defense Market Revenues & Volume By Weapon System for the Period 2021-2031
  • Historical Data and Forecast of Latvia Aerospace and Defense Market Revenues & Volume By Fire Control System for the Period 2021-2031
  • Historical Data and Forecast of Latvia Aerospace and Defense Market Revenues & Volume By Command & Control System for the Period 2021-2031
  • Historical Data and Forecast of Latvia Aerospace and Defense Market Revenues & Volume By Others for the Period 2021-2031
  • Latvia Aerospace and Defense Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Operation
  • Market Opportunity Assessment By Component
  • Latvia Aerospace and Defense Top Companies Market Share
  • Latvia Aerospace and Defense Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Aerospace and Defense Company Profiles
  • Latvia Aerospace and Defense Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Aerospace and Defense 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 Aerospace and Defense 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 Aerospace and Defense Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Aerospace and Defense Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Aerospace and Defense Market - Industry Life Cycle

3.4 Latvia Aerospace and Defense Market - Porter's Five Forces

3.5 Latvia Aerospace and Defense Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Aerospace and Defense Market Revenues & Volume Share, By Operation, 2021 & 2031F

3.7 Latvia Aerospace and Defense Market Revenues & Volume Share, By Component, 2021 & 2031F

4 Latvia Aerospace and Defense Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing defense budget of Latvia

4.2.2 Geopolitical tensions and security threats in the region

4.2.3 Technological advancements driving the need for modernization in aerospace and defense sector

4.3 Market Restraints

4.3.1 Limited domestic market size in Latvia

4.3.2 Dependence on imports for advanced defense technologies

4.3.3 Regulatory challenges and compliance requirements

5 Latvia Aerospace and Defense Market Trends

6 Latvia Aerospace and Defense Market Segmentations

6.1 Latvia Aerospace and Defense Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Aerospace and Defense Market Revenues & Volume, By Aerospace, 2021-2031F

6.1.3 Latvia Aerospace and Defense Market Revenues & Volume, By Defense, 2021-2031F

6.2 Latvia Aerospace and Defense Market, By Operation

6.2.1 Overview and Analysis

6.2.2 Latvia Aerospace and Defense Market Revenues & Volume, By Autonomous, 2021-2031F

6.2.3 Latvia Aerospace and Defense Market Revenues & Volume, By Manual, 2021-2031F

6.3 Latvia Aerospace and Defense Market, By Component

6.3.1 Overview and Analysis

6.3.2 Latvia Aerospace and Defense Market Revenues & Volume, By Weapon System, 2021-2031F

6.3.3 Latvia Aerospace and Defense Market Revenues & Volume, By Fire Control System, 2021-2031F

6.3.4 Latvia Aerospace and Defense Market Revenues & Volume, By Command & Control System, 2021-2031F

6.3.5 Latvia Aerospace and Defense Market Revenues & Volume, By Others, 2021-2031F

7 Latvia Aerospace and Defense Market Import-Export Trade Statistics

7.1 Latvia Aerospace and Defense Market Export to Major Countries

7.2 Latvia Aerospace and Defense Market Imports from Major Countries

8 Latvia Aerospace and Defense Market Key Performance Indicators

8.1 Research and development (RD) investment in aerospace and defense technologies

8.2 Number of government contracts awarded for defense projects

8.3 Rate of adoption of advanced aerospace and defense technologies

8.4 Level of collaboration with international defense partners

8.5 Percentage of defense budget allocated to indigenous aerospace and defense projects

9 Latvia Aerospace and Defense Market - Opportunity Assessment

9.1 Latvia Aerospace and Defense Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Aerospace and Defense Market Opportunity Assessment, By Operation, 2021 & 2031F

9.3 Latvia Aerospace and Defense Market Opportunity Assessment, By Component, 2021 & 2031F

10 Latvia Aerospace and Defense Market - Competitive Landscape

10.1 Latvia Aerospace and Defense Market Revenue Share, By Companies, 2024

10.2 Latvia Aerospace and Defense Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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