| Product Code: ETC7905057 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
In 2024, Latvia`s automotive AC compressor import market continued to see a high level of concentration, with Lithuania, Metropolitan France, Germany, Italy, and Czechia being the top exporting countries. The industry experienced steady growth with a Compound Annual Growth Rate (CAGR) of 1.81% from 2020 to 2024. Furthermore, the growth rate spiked in 2024, reaching 15.38%, indicating a positive trend in the demand for automotive AC compressors in Latvia. The data suggests a promising outlook for the market, with potential opportunities for further expansion and development in the coming years.
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 AC Compressor Market Overview  | 
3.1 Latvia Country Macro Economic Indicators  | 
3.2 Latvia Automotive AC Compressor Market Revenues & Volume, 2021 & 2031F  | 
3.3 Latvia Automotive AC Compressor Market - Industry Life Cycle  | 
3.4 Latvia Automotive AC Compressor Market - Porter's Five Forces  | 
3.5 Latvia Automotive AC Compressor Market Revenues & Volume Share, By Design, 2021 & 2031F  | 
3.6 Latvia Automotive AC Compressor Market Revenues & Volume Share, By Drive Type, 2021 & 2031F  | 
3.7 Latvia Automotive AC Compressor Market Revenues & Volume Share, By Vehicle, 2021 & 2031F  | 
3.8 Latvia Automotive AC Compressor Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F  | 
4 Latvia Automotive AC Compressor Market Dynamics  | 
4.1 Impact Analysis  | 
4.2 Market Drivers  | 
4.2.1 Increasing demand for air conditioning systems in vehicles due to changing climatic conditions  | 
4.2.2 Technological advancements in automotive AC compressor systems leading to improved efficiency and performance  | 
4.2.3 Growth in the automotive industry and rising vehicle production in Latvia  | 
4.3 Market Restraints  | 
4.3.1 High initial costs associated with automotive AC compressor installations  | 
4.3.2 Fluctuating raw material prices impacting manufacturing costs  | 
4.3.3 Stringent regulations and environmental concerns related to refrigerants used in AC compressors  | 
5 Latvia Automotive AC Compressor Market Trends  | 
6 Latvia Automotive AC Compressor Market, By Types  | 
6.1 Latvia Automotive AC Compressor Market, By Design  | 
6.1.1 Overview and Analysis  | 
6.1.2 Latvia Automotive AC Compressor Market Revenues & Volume, By Design, 2021- 2031F  | 
6.1.3 Latvia Automotive AC Compressor Market Revenues & Volume, By Reciprocating Type, 2021- 2031F  | 
6.1.4 Latvia Automotive AC Compressor Market Revenues & Volume, By Rotary Type, 2021- 2031F  | 
6.2 Latvia Automotive AC Compressor Market, By Drive Type  | 
6.2.1 Overview and Analysis  | 
6.2.2 Latvia Automotive AC Compressor Market Revenues & Volume, By Electric, 2021- 2031F  | 
6.2.3 Latvia Automotive AC Compressor Market Revenues & Volume, By Conventional (Belt Driven), 2021- 2031F  | 
6.3 Latvia Automotive AC Compressor Market, By Vehicle  | 
6.3.1 Overview and Analysis  | 
6.3.2 Latvia Automotive AC Compressor Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F  | 
6.3.3 Latvia Automotive AC Compressor Market Revenues & Volume, By Commercial Vehicle, 2021- 2031F  | 
6.4 Latvia Automotive AC Compressor Market, By Sales Channel  | 
6.4.1 Overview and Analysis  | 
6.4.2 Latvia Automotive AC Compressor Market Revenues & Volume, By OEM, 2021- 2031F  | 
6.4.3 Latvia Automotive AC Compressor Market Revenues & Volume, By Aftermarket, 2021- 2031F  | 
7 Latvia Automotive AC Compressor Market Import-Export Trade Statistics  | 
7.1 Latvia Automotive AC Compressor Market Export to Major Countries  | 
7.2 Latvia Automotive AC Compressor Market Imports from Major Countries  | 
8 Latvia Automotive AC Compressor Market Key Performance Indicators  | 
8.1 Average energy efficiency rating of automotive AC compressors in the market  | 
8.2 Adoption rate of eco-friendly refrigerants in automotive AC compressor systems  | 
8.3 Number of new product launches and technological innovations in the automotive AC compressor market  | 
9 Latvia Automotive AC Compressor Market - Opportunity Assessment  | 
9.1 Latvia Automotive AC Compressor Market Opportunity Assessment, By Design, 2021 & 2031F  | 
9.2 Latvia Automotive AC Compressor Market Opportunity Assessment, By Drive Type, 2021 & 2031F  | 
9.3 Latvia Automotive AC Compressor Market Opportunity Assessment, By Vehicle, 2021 & 2031F  | 
9.4 Latvia Automotive AC Compressor Market Opportunity Assessment, By Sales Channel, 2021 & 2031F  | 
10 Latvia Automotive AC Compressor Market - Competitive Landscape  | 
10.1 Latvia Automotive AC Compressor Market Revenue Share, By Companies, 2024  | 
10.2 Latvia Automotive AC Compressor Market Competitive Benchmarking, By Operating and Technical Parameters  | 
11 Company Profiles  | 
12 Recommendations  | 
13 Disclaimer  |