| Product Code: ETC5846449 | 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 | |
Latvia`s artillery systems import market in 2024 saw significant contributions from Italy, Estonia, Lithuania, UK, and Spain. The High Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. With a remarkable Compound Annual Growth Rate (CAGR) of 18.14% from 2020 to 2024, the sector experienced accelerated expansion, further evidenced by a notable growth rate of 28.89% from 2023 to 2024. These trends suggest a dynamic and competitive landscape for artillery systems imports in Latvia, driven by key exporters and robust market growth.
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 Artillery Systems Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Artillery Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Artillery Systems Market - Industry Life Cycle |
3.4 Latvia Artillery Systems Market - Porter's Five Forces |
3.5 Latvia Artillery Systems Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Artillery Systems Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Latvia Artillery Systems Market Revenues & Volume Share, By Caliber, 2021 & 2031F |
3.8 Latvia Artillery Systems Market Revenues & Volume Share, By Range, 2021 & 2031F |
4 Latvia Artillery Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing defense budget of Latvia |
4.2.2 Modernization efforts in the Latvian armed forces |
4.2.3 Geopolitical tensions and security threats in the region |
4.3 Market Restraints |
4.3.1 High costs associated with acquiring and maintaining artillery systems |
4.3.2 Limited technological capabilities compared to larger defense manufacturers |
4.3.3 Dependency on imports for advanced artillery systems |
5 Latvia Artillery Systems Market Trends |
6 Latvia Artillery Systems Market Segmentations |
6.1 Latvia Artillery Systems Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Artillery Systems Market Revenues & Volume, By Howitzer, 2021-2031F |
6.1.3 Latvia Artillery Systems Market Revenues & Volume, By Mortar, 2021-2031F |
6.1.4 Latvia Artillery Systems Market Revenues & Volume, By Anti-air, 2021-2031F |
6.1.5 Latvia Artillery Systems Market Revenues & Volume, By Rocket, 2021-2031F |
6.2 Latvia Artillery Systems Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Latvia Artillery Systems Market Revenues & Volume, By Gun Turret, 2021-2031F |
6.2.3 Latvia Artillery Systems Market Revenues & Volume, By Engine, 2021-2031F |
6.2.4 Latvia Artillery Systems Market Revenues & Volume, By Fire Control System, 2021-2031F |
6.2.5 Latvia Artillery Systems Market Revenues & Volume, By Ammunition Handling System, 2021-2031F |
6.2.6 Latvia Artillery Systems Market Revenues & Volume, By Chassis, 2021-2031F |
6.2.7 Latvia Artillery Systems Market Revenues & Volume, By Auxiliary System, 2021-2031F |
6.3 Latvia Artillery Systems Market, By Caliber |
6.3.1 Overview and Analysis |
6.3.2 Latvia Artillery Systems Market Revenues & Volume, By Small, 2021-2031F |
6.3.3 Latvia Artillery Systems Market Revenues & Volume, By Medium, 2021-2031F |
6.3.4 Latvia Artillery Systems Market Revenues & Volume, By Heavy, 2021-2031F |
6.4 Latvia Artillery Systems Market, By Range |
6.4.1 Overview and Analysis |
6.4.2 Latvia Artillery Systems Market Revenues & Volume, By Short Range, 2021-2031F |
6.4.3 Latvia Artillery Systems Market Revenues & Volume, By Medium Range, 2021-2031F |
6.4.4 Latvia Artillery Systems Market Revenues & Volume, By Long Range, 2021-2031F |
7 Latvia Artillery Systems Market Import-Export Trade Statistics |
7.1 Latvia Artillery Systems Market Export to Major Countries |
7.2 Latvia Artillery Systems Market Imports from Major Countries |
8 Latvia Artillery Systems Market Key Performance Indicators |
8.1 Average age of artillery systems in the Latvian armed forces |
8.2 Percentage of defense budget allocated to artillery systems |
8.3 Number of collaborative research and development projects with allied countries in the field of artillery systems. |
9 Latvia Artillery Systems Market - Opportunity Assessment |
9.1 Latvia Artillery Systems Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Artillery Systems Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Latvia Artillery Systems Market Opportunity Assessment, By Caliber, 2021 & 2031F |
9.4 Latvia Artillery Systems Market Opportunity Assessment, By Range, 2021 & 2031F |
10 Latvia Artillery Systems Market - Competitive Landscape |
10.1 Latvia Artillery Systems Market Revenue Share, By Companies, 2024 |
10.2 Latvia Artillery Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |