Latvia Automotive Absorbent Glass Mat (AGM) Battery Market (2025-2031) | Trends, Analysis, Companies, Segmentation, Growth, Size & Revenue, Industry, Competitive Landscape, Outlook, Forecast, Value, Share
Market Forecast By Voltage (24 V, 68 V, 12 V, Above), By Type (Stationary, Motive), By Application (Passenger Vehicle, Motorcycle, Others), By End User (Original Equipment Manufacturers (OEMs), Aftermarket) And Competitive Landscape
| Product Code: ETC7905059 | 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 Automotive Absorbent Glass Mat (Agm) Battery Market Top 5 Importing Countries and Market Competition (HHI) Analysis
The import shipments of automotive absorbent glass mat (AGM) batteries in Latvia in 2024 saw top exporting countries including Finland, Lithuania, Sweden, Germany, and the Netherlands. Despite the low concentration with a low Herfindahl-Hirschman Index (HHI) in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 stood at a steady 1.55%. However, there was a notable decline in the growth rate from 2023 to 2024 at -15.25%, indicating a potential shift in market dynamics. This data suggests a competitive market landscape for AGM battery imports in Latvia with fluctuations in growth rates.
Key Highlights of the Report:
- Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Outlook
- Market Size of Latvia Automotive Absorbent Glass Mat (AGM) Battery Market, 2024
- Forecast of Latvia Automotive Absorbent Glass Mat (AGM) Battery Market, 2031
- Historical Data and Forecast of Latvia Automotive Absorbent Glass Mat (AGM) Battery Revenues & Volume for the Period 2021- 2031
- Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Trend Evolution
- Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Drivers and Challenges
- Latvia Automotive Absorbent Glass Mat (AGM) Battery Price Trends
- Latvia Automotive Absorbent Glass Mat (AGM) Battery Porter's Five Forces
- Latvia Automotive Absorbent Glass Mat (AGM) Battery Industry Life Cycle
- Historical Data and Forecast of Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume By Voltage for the Period 2021- 2031
- Historical Data and Forecast of Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume By 24 V for the Period 2021- 2031
- Historical Data and Forecast of Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume By 68 V for the Period 2021- 2031
- Historical Data and Forecast of Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume By 12 V for the Period 2021- 2031
- Historical Data and Forecast of Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume By Above for the Period 2021- 2031
- Historical Data and Forecast of Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume By Type for the Period 2021- 2031
- Historical Data and Forecast of Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume By Stationary for the Period 2021- 2031
- Historical Data and Forecast of Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume By Motive for the Period 2021- 2031
- Historical Data and Forecast of Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume By Application for the Period 2021- 2031
- Historical Data and Forecast of Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume By Passenger Vehicle for the Period 2021- 2031
- Historical Data and Forecast of Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume By Motorcycle for the Period 2021- 2031
- Historical Data and Forecast of Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume By Others for the Period 2021- 2031
- Historical Data and Forecast of Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume By End User for the Period 2021- 2031
- Historical Data and Forecast of Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume By Original Equipment Manufacturers (OEMs) for the Period 2021- 2031
- Historical Data and Forecast of Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume By Aftermarket for the Period 2021- 2031
- Latvia Automotive Absorbent Glass Mat (AGM) Battery Import Export Trade Statistics
- Market Opportunity Assessment By Voltage
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By End User
- Latvia Automotive Absorbent Glass Mat (AGM) Battery Top Companies Market Share
- Latvia Automotive Absorbent Glass Mat (AGM) Battery Competitive Benchmarking By Technical and Operational Parameters
- Latvia Automotive Absorbent Glass Mat (AGM) Battery Company Profiles
- Latvia Automotive Absorbent Glass Mat (AGM) Battery Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Automotive Absorbent Glass Mat (AGM) Battery Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Automotive Absorbent Glass Mat (AGM) Battery Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Automotive Absorbent Glass Mat (AGM) Battery Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market - Industry Life Cycle |
3.4 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market - Porter's Five Forces |
3.5 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.6 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for high-performance batteries in automotive applications |
4.2.2 Increasing focus on energy efficiency and sustainability |
4.2.3 Technological advancements leading to improved durability and performance of AGM batteries |
4.3 Market Restraints |
4.3.1 High initial cost of AGM batteries compared to traditional lead-acid batteries |
4.3.2 Limited awareness and availability of AGM batteries in the market |
4.3.3 Potential challenges in recycling and disposal of AGM batteries due to their construction |
5 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Trends |
6 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market, By Types |
6.1 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market, By Voltage |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Voltage, 2021- 2031F |
6.1.3 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By 24 V, 2021- 2031F |
6.1.4 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By 68 V, 2021- 2031F |
6.1.5 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By 12 V, 2021- 2031F |
6.1.6 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Above, 2021- 2031F |
6.2 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Stationary, 2021- 2031F |
6.2.3 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Motive, 2021- 2031F |
6.3 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
6.3.3 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Motorcycle, 2021- 2031F |
6.3.4 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Original Equipment Manufacturers (OEMs), 2021- 2031F |
6.4.3 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenues & Volume, By Aftermarket, 2021- 2031F |
7 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Import-Export Trade Statistics |
7.1 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Export to Major Countries |
7.2 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Imports from Major Countries |
8 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Key Performance Indicators |
8.1 Average lifespan of AGM batteries in automotive use |
8.2 Adoption rate of AGM batteries in new vehicle models |
8.3 Investment in RD for enhancing AGM battery technology |
9 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market - Opportunity Assessment |
9.1 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.2 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market - Competitive Landscape |
10.1 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive Absorbent Glass Mat (AGM) Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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