| Product Code: ETC7905039 | 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 |
In 2024, Latvia continued to see a steady increase in automatic transmission import shipments, with top exporters being Netherlands, Poland, Austria, Estonia, and Lithuania. The market remained competitive with low concentration indicated by the Herfindahl-Hirschman Index (HHI). Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 was impressive at 14.46%, reflecting a positive trend in the automatic transmission market in Latvia.

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 Automatic Transmission Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automatic Transmission Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automatic Transmission Market - Industry Life Cycle |
3.4 Latvia Automatic Transmission Market - Porter's Five Forces |
3.5 Latvia Automatic Transmission Market Revenues & Volume Share, By Transmission Type, 2021 & 2031F |
3.6 Latvia Automatic Transmission Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
4 Latvia Automatic Transmission Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for convenience and comfort in driving experiences |
4.2.2 Technological advancements in automatic transmission systems |
4.2.3 Growing preference for automatic transmission vehicles over manual transmission |
4.3 Market Restraints |
4.3.1 Higher initial costs associated with automatic transmission vehicles |
4.3.2 Limited availability and accessibility of automatic transmission vehicles in the market |
4.3.3 Perception of reduced fuel efficiency in automatic transmission vehicles |
5 Latvia Automatic Transmission Market Trends |
6 Latvia Automatic Transmission Market, By Types |
6.1 Latvia Automatic Transmission Market, By Transmission Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automatic Transmission Market Revenues & Volume, By Transmission Type, 2021- 2031F |
6.1.3 Latvia Automatic Transmission Market Revenues & Volume, By Automatic Transmission (AT), 2021- 2031F |
6.1.4 Latvia Automatic Transmission Market Revenues & Volume, By Dual Clutch Transmission (DCT), 2021- 2031F |
6.1.5 Latvia Automatic Transmission Market Revenues & Volume, By Automated Manual Transmission (AMT), 2021- 2031F |
6.1.6 Latvia Automatic Transmission Market Revenues & Volume, By Continuously Variable Transmission (CVT), 2021- 2031F |
6.2 Latvia Automatic Transmission Market, By Vehicle |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automatic Transmission Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
6.2.3 Latvia Automatic Transmission Market Revenues & Volume, By Commercial Vehicle, 2021- 2031F |
7 Latvia Automatic Transmission Market Import-Export Trade Statistics |
7.1 Latvia Automatic Transmission Market Export to Major Countries |
7.2 Latvia Automatic Transmission Market Imports from Major Countries |
8 Latvia Automatic Transmission Market Key Performance Indicators |
8.1 Average selling price of automatic transmission vehicles |
8.2 Adoption rate of automatic transmission vehicles in new car sales |
8.3 Number of automatic transmission models available in the market |
8.4 Average age of automatic transmission vehicles on the road |
9 Latvia Automatic Transmission Market - Opportunity Assessment |
9.1 Latvia Automatic Transmission Market Opportunity Assessment, By Transmission Type, 2021 & 2031F |
9.2 Latvia Automatic Transmission Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
10 Latvia Automatic Transmission Market - Competitive Landscape |
10.1 Latvia Automatic Transmission Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automatic Transmission Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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