| Product Code: ETC5847779 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The import shipments of amphibious vehicles to Latvia in 2024 continued to show strong growth, with Estonia, Germany, Netherlands, Sweden, and Austria being the top exporting countries. The High Herfindahl-Hirschman Index (HHI) indicates a very high concentration of imports in 2024, reflecting a competitive market. The impressive compound annual growth rate (CAGR) of 83.06% from 2020 to 2024 highlights the increasing demand for these vehicles in Latvia. Moreover, the growth rate of 31.92% from 2023 to 2024 suggests a rapid expansion in the market, indicating a promising outlook for the industry.
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 Amphibious Vehicles Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Amphibious Vehicles Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Amphibious Vehicles Market - Industry Life Cycle |
3.4 Latvia Amphibious Vehicles Market - Porter's Five Forces |
3.5 Latvia Amphibious Vehicles Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.6 Latvia Amphibious Vehicles Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Amphibious Vehicles Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
4 Latvia Amphibious Vehicles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for efficient military vehicles in Latvia |
4.2.2 Rising investments in infrastructure development projects |
4.2.3 Growing interest in eco-tourism activities in Latvia |
4.3 Market Restraints |
4.3.1 High initial costs associated with purchasing and maintaining amphibious vehicles |
4.3.2 Limited awareness and understanding of the benefits of amphibious vehicles |
4.3.3 Stringent government regulations and approvals required for amphibious vehicle operation |
5 Latvia Amphibious Vehicles Market Trends |
6 Latvia Amphibious Vehicles Market Segmentations |
6.1 Latvia Amphibious Vehicles Market, By End User |
6.1.1 Overview and Analysis |
6.1.2 Latvia Amphibious Vehicles Market Revenues & Volume, By Defense, 2021-2031F |
6.1.3 Latvia Amphibious Vehicles Market Revenues & Volume, By Commercial, 2021-2031F |
6.2 Latvia Amphibious Vehicles Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Amphibious Vehicles Market Revenues & Volume, By Surveillance & Rescue, 2021-2031F |
6.2.3 Latvia Amphibious Vehicles Market Revenues & Volume, By Water Transportation, 2021-2031F |
6.2.4 Latvia Amphibious Vehicles Market Revenues & Volume, By Sports, 2021-2031F |
6.2.5 Latvia Amphibious Vehicles Market Revenues & Volume, By Excavation, 2021-2031F |
6.3 Latvia Amphibious Vehicles Market, By Propulsion |
6.3.1 Overview and Analysis |
6.3.2 Latvia Amphibious Vehicles Market Revenues & Volume, By Screw Propeller, 2021-2031F |
6.3.3 Latvia Amphibious Vehicles Market Revenues & Volume, By Water Jet, 2021-2031F |
6.3.4 Latvia Amphibious Vehicles Market Revenues & Volume, By Track-Based, 2021-2031F |
7 Latvia Amphibious Vehicles Market Import-Export Trade Statistics |
7.1 Latvia Amphibious Vehicles Market Export to Major Countries |
7.2 Latvia Amphibious Vehicles Market Imports from Major Countries |
8 Latvia Amphibious Vehicles Market Key Performance Indicators |
8.1 Number of military contracts secured for supplying amphibious vehicles |
8.2 Percentage increase in infrastructure projects utilizing amphibious vehicles |
8.3 Growth in the number of eco-tourism operators using amphibious vehicles |
9 Latvia Amphibious Vehicles Market - Opportunity Assessment |
9.1 Latvia Amphibious Vehicles Market Opportunity Assessment, By End User, 2021 & 2031F |
9.2 Latvia Amphibious Vehicles Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Amphibious Vehicles Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
10 Latvia Amphibious Vehicles Market - Competitive Landscape |
10.1 Latvia Amphibious Vehicles Market Revenue Share, By Companies, 2024 |
10.2 Latvia Amphibious Vehicles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |