| Product Code: ETC7904094 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s aircraft engine MRO import shipments in 2024 saw a notable growth rate of 105.35% from the previous year, with a steady CAGR of 3.96% from 2020 to 2024. The top exporting countries to Latvia were the USA, China, Norway (excluding Svalbard and Jan Mayen), Netherlands, and Switzerland. Despite high concentration with an elevated HHI, these import trends indicate a strong demand for aircraft engine maintenance services in Latvia, showcasing a positive outlook for the industry`s growth and development.

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 Engine MRO Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Aircraft Engine MRO Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Aircraft Engine MRO Market - Industry Life Cycle |
3.4 Latvia Aircraft Engine MRO Market - Porter's Five Forces |
3.5 Latvia Aircraft Engine MRO Market Revenues & Volume Share, By Engine Type, 2021 & 2031F |
3.6 Latvia Aircraft Engine MRO Market Revenues & Volume Share, By Aircraft Type, 2021 & 2031F |
3.7 Latvia Aircraft Engine MRO Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Aircraft Engine MRO Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing air traffic leading to higher demand for maintenance and repair services |
4.2.2 Growing fleet size of aircraft requiring regular maintenance |
4.2.3 Technological advancements in aircraft engines leading to more complex maintenance requirements |
4.3 Market Restraints |
4.3.1 High initial investment and operational costs for setting up MRO facilities |
4.3.2 Shortage of skilled labor and technical expertise in the aviation maintenance sector |
4.3.3 Stringent regulatory requirements and compliance standards in the aviation industry |
5 Latvia Aircraft Engine MRO Market Trends |
6 Latvia Aircraft Engine MRO Market, By Types |
6.1 Latvia Aircraft Engine MRO Market, By Engine Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Aircraft Engine MRO Market Revenues & Volume, By Engine Type, 2021- 2031F |
6.1.3 Latvia Aircraft Engine MRO Market Revenues & Volume, By Turbine Engine, 2021- 2031F |
6.1.4 Latvia Aircraft Engine MRO Market Revenues & Volume, By Piston Engine, 2021- 2031F |
6.2 Latvia Aircraft Engine MRO Market, By Aircraft Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Aircraft Engine MRO Market Revenues & Volume, By Fixed-Wing Aircraft, 2021- 2031F |
6.2.3 Latvia Aircraft Engine MRO Market Revenues & Volume, By Rotary-Wing Aircraft, 2021- 2031F |
6.3 Latvia Aircraft Engine MRO Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Aircraft Engine MRO Market Revenues & Volume, By Civil Aviation, 2021- 2031F |
6.3.3 Latvia Aircraft Engine MRO Market Revenues & Volume, By Military Aviation, 2021- 2031F |
7 Latvia Aircraft Engine MRO Market Import-Export Trade Statistics |
7.1 Latvia Aircraft Engine MRO Market Export to Major Countries |
7.2 Latvia Aircraft Engine MRO Market Imports from Major Countries |
8 Latvia Aircraft Engine MRO Market Key Performance Indicators |
8.1 Average turnaround time for engine maintenance and repair |
8.2 Percentage of on-time deliveries for MRO services |
8.3 Rate of adoption of predictive maintenance technologies in engine MRO |
8.4 Customer satisfaction scores for MRO services |
8.5 Percentage of repeat business from existing clients |
9 Latvia Aircraft Engine MRO Market - Opportunity Assessment |
9.1 Latvia Aircraft Engine MRO Market Opportunity Assessment, By Engine Type, 2021 & 2031F |
9.2 Latvia Aircraft Engine MRO Market Opportunity Assessment, By Aircraft Type, 2021 & 2031F |
9.3 Latvia Aircraft Engine MRO Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Aircraft Engine MRO Market - Competitive Landscape |
10.1 Latvia Aircraft Engine MRO Market Revenue Share, By Companies, 2024 |
10.2 Latvia Aircraft Engine MRO Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |