| Product Code: ETC4857081 | 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 |
In 2024, Latvia`s air compressor import market saw a shift towards higher concentration with Poland, Germany, Lithuania, China, and Sweden emerging as the top exporting countries. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the 2020-2024 period remained positive at 5.88%. This trend suggests a steady demand for air compressors in Latvia, with key players from various countries competing for market share. The increased concentration indicates a competitive landscape that may drive innovation and offer consumers a wider range of options.

By 2027, Latvia's Air Compressor market is forecasted to achieve a stable growth rate of 3.15%, 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 Air Compressor Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Air Compressor Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Air Compressor Market - Industry Life Cycle |
3.4 Latvia Air Compressor Market - Porter's Five Forces |
3.5 Latvia Air Compressor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Air Compressor Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Latvia Air Compressor Market Revenues & Volume Share, By Lubrication, 2021 & 2031F |
3.8 Latvia Air Compressor Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Air Compressor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization in Latvia leading to higher demand for air compressors |
4.2.2 Growing construction sector driving the need for air compressors in various applications |
4.2.3 Technological advancements in air compressor systems improving efficiency and performance |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs of air compressors |
4.3.2 Stringent environmental regulations requiring air compressor manufacturers to invest in eco-friendly solutions |
4.3.3 Economic uncertainties affecting investment decisions in the air compressor market |
5 Latvia Air Compressor Market Trends |
6 Latvia Air Compressor Market Segmentations |
6.1 Latvia Air Compressor Market, By Type |
6.1.1 Overview and Analysis | 6.1.3 Latvia Air Compressor Market Revenues & Volume, By Portable, 2021-2031F |
6.1.3 Latvia Air Compressor Market Revenues & Volume, By Stationary, 2021-2031F |
6.2 Latvia Air Compressor Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Latvia Air Compressor Market Revenues & Volume, By Reciprocating/Piston, 2021-2031F |
6.2.3 Latvia Air Compressor Market Revenues & Volume, By Rotary/Screw, 2021-2031F |
6.2.4 Latvia Air Compressor Market Revenues & Volume, By Centrifugal, 2021-2031F |
6.3 Latvia Air Compressor Market, By Lubrication |
6.3.1 Overview and Analysis |
6.3.2 Latvia Air Compressor Market Revenues & Volume, By Oil-Filled, 2021-2031F |
6.3.3 Latvia Air Compressor Market Revenues & Volume, By Oil-Free, 2021-2031F |
6.4 Latvia Air Compressor Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Air Compressor Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4.3 Latvia Air Compressor Market Revenues & Volume, By Semiconductors & Electronics, 2021-2031F |
6.4.4 Latvia Air Compressor Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.4.5 Latvia Air Compressor Market Revenues & Volume, By Healthcare/Medical, 2021-2031F |
6.4.6 Latvia Air Compressor Market Revenues & Volume, By Home Appliances, 2021-2031F |
6.4.7 Latvia Air Compressor Market Revenues & Volume, By Energy, 2021-2031F |
6.4.8 Latvia Air Compressor Market Revenues & Volume, By Others, 2021-2031F |
6.4.9 Latvia Air Compressor Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Air Compressor Market Import-Export Trade Statistics |
7.1 Latvia Air Compressor Market Export to Major Countries |
7.2 Latvia Air Compressor Market Imports from Major Countries |
8 Latvia Air Compressor Market Key Performance Indicators |
8.1 Energy efficiency rating of air compressors in the market |
8.2 Adoption rate of smart air compressor technologies in industrial applications |
8.3 Number of new product launches and innovations in the air compressor market |
9 Latvia Air Compressor Market - Opportunity Assessment |
9.1 Latvia Air Compressor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Air Compressor Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Latvia Air Compressor Market Opportunity Assessment, By Lubrication, 2021 & 2031F |
9.4 Latvia Air Compressor Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Air Compressor Market - Competitive Landscape |
10.1 Latvia Air Compressor Market Revenue Share, By Companies, 2024 |
10.2 Latvia Air Compressor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |