Product Code: ETC5057778 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The Latvia Aircraft Aftermarket Parts 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's Aircraft Aftermarket Parts market is anticipated to experience a growing growth rate of 5.12% by 2027, reflecting trends observed in the largest economy Germany, 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 Aircraft Aftermarket Parts Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Aircraft Aftermarket Parts Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Aircraft Aftermarket Parts Market - Industry Life Cycle |
3.4 Latvia Aircraft Aftermarket Parts Market - Porter's Five Forces |
3.5 Latvia Aircraft Aftermarket Parts Market Revenues & Volume Share, By Parts Type, 2021 & 2031F |
3.6 Latvia Aircraft Aftermarket Parts Market Revenues & Volume Share, By Component Type, 2021 & 2031F |
3.7 Latvia Aircraft Aftermarket Parts Market Revenues & Volume Share, By Aircraft Type, 2021 & 2031F |
4 Latvia Aircraft Aftermarket Parts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing air traffic in the region leading to higher demand for maintenance and repair services. |
4.2.2 Technological advancements in aircraft components necessitating frequent upgrades and replacements. |
4.2.3 Growing focus on safety regulations and compliance driving the need for aftermarket services. |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up aftermarket facilities. |
4.3.2 Limited availability of skilled labor in the aviation maintenance sector. |
4.3.3 Fluctuating fuel prices impacting airlines' budgets for maintenance and repair services. |
5 Latvia Aircraft Aftermarket Parts Market Trends |
6 Latvia Aircraft Aftermarket Parts Market Segmentations |
6.1 Latvia Aircraft Aftermarket Parts Market, By Parts Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Aircraft Aftermarket Parts Market Revenues & Volume, By MRO Parts, 2021-2031F | 6.1.4 Latvia Aircraft Aftermarket Parts Market Revenues & Volume, By Rotable Replacement Parts, 2021-2031F |
6.2 Latvia Aircraft Aftermarket Parts Market, By Component Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Aircraft Aftermarket Parts Market Revenues & Volume, By Engine, 2021-2031F |
6.2.3 Latvia Aircraft Aftermarket Parts Market Revenues & Volume, By Airframe, 2021-2031F |
6.2.4 Latvia Aircraft Aftermarket Parts Market Revenues & Volume, By Interior, 2021-2031F |
6.2.5 Latvia Aircraft Aftermarket Parts Market Revenues & Volume, By Cockpit Systems, 2021-2031F |
6.2.6 Latvia Aircraft Aftermarket Parts Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Aircraft Aftermarket Parts Market, By Aircraft Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Aircraft Aftermarket Parts Market Revenues & Volume, By Narrow-body, 2021-2031F |
6.3.3 Latvia Aircraft Aftermarket Parts Market Revenues & Volume, By Wide-body, 2021-2031F |
6.3.4 Latvia Aircraft Aftermarket Parts Market Revenues & Volume, By Regional Aircraft, 2021-2031F |
7 Latvia Aircraft Aftermarket Parts Market Import-Export Trade Statistics |
7.1 Latvia Aircraft Aftermarket Parts Market Export to Major Countries |
7.2 Latvia Aircraft Aftermarket Parts Market Imports from Major Countries |
8 Latvia Aircraft Aftermarket Parts Market Key Performance Indicators |
8.1 Average turnaround time for aircraft maintenance. |
8.2 Percentage of repeat customers indicating satisfaction and loyalty. |
8.3 Rate of adoption of new aftermarket technologies. |
8.4 Employee training and certification levels to ensure quality of service. |
8.5 Number of maintenance contracts secured with airlines. |
9 Latvia Aircraft Aftermarket Parts Market - Opportunity Assessment |
9.1 Latvia Aircraft Aftermarket Parts Market Opportunity Assessment, By Parts Type, 2021 & 2031F |
9.2 Latvia Aircraft Aftermarket Parts Market Opportunity Assessment, By Component Type, 2021 & 2031F |
9.3 Latvia Aircraft Aftermarket Parts Market Opportunity Assessment, By Aircraft Type, 2021 & 2031F |
10 Latvia Aircraft Aftermarket Parts Market - Competitive Landscape |
10.1 Latvia Aircraft Aftermarket Parts Market Revenue Share, By Companies, 2024 |
10.2 Latvia Aircraft Aftermarket Parts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |