| Product Code: ETC7905092 | 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`s automotive alternator import market continued to show strong growth in 2024, with key exporting countries being Poland, Lithuania, Finland, Germany, and Estonia. The high concentration of import shipments reflected in the Herfindahl-Hirschman Index (HHI) indicates a competitive market dominated by these top exporters. The impressive compound annual growth rate (CAGR) of 24.97% from 2020 to 2024 further underscores the increasing demand for automotive alternators in Latvia. The notable growth rate of 15.32% from 2023 to 2024 suggests a sustained momentum in the market, positioning it for further expansion 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 Alternator Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive Alternator Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive Alternator Market - Industry Life Cycle |
3.4 Latvia Automotive Alternator Market - Porter's Five Forces |
3.5 Latvia Automotive Alternator Market Revenues & Volume Share, By Powertrain Type, 2021 & 2031F |
3.6 Latvia Automotive Alternator Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Latvia Automotive Alternator Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles in Latvia |
4.2.2 Growth in the automotive industry leading to higher vehicle production |
4.2.3 Focus on energy efficiency and sustainability driving demand for alternators |
4.3 Market Restraints |
4.3.1 High initial cost of automotive alternators |
4.3.2 Technological advancements leading to longer lifespan of alternators, reducing replacement frequency |
4.3.3 Impact of COVID-19 on automotive industry affecting demand for alternators |
5 Latvia Automotive Alternator Market Trends |
6 Latvia Automotive Alternator Market, By Types |
6.1 Latvia Automotive Alternator Market, By Powertrain Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive Alternator Market Revenues & Volume, By Powertrain Type, 2021- 2031F |
6.1.3 Latvia Automotive Alternator Market Revenues & Volume, By IC Engine Vehicles, 2021- 2031F |
6.1.4 Latvia Automotive Alternator Market Revenues & Volume, By Hybrid and Electric Vehicles, 2021- 2031F |
6.2 Latvia Automotive Alternator Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive Alternator Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.2.3 Latvia Automotive Alternator Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F |
7 Latvia Automotive Alternator Market Import-Export Trade Statistics |
7.1 Latvia Automotive Alternator Market Export to Major Countries |
7.2 Latvia Automotive Alternator Market Imports from Major Countries |
8 Latvia Automotive Alternator Market Key Performance Indicators |
8.1 Average age of vehicles in Latvia |
8.2 Government incentives for electric vehicles |
8.3 Number of charging stations for electric vehicles |
8.4 Adoption rate of energy-efficient technologies in automotive sector |
8.5 GDP growth rate in Latvia |
9 Latvia Automotive Alternator Market - Opportunity Assessment |
9.1 Latvia Automotive Alternator Market Opportunity Assessment, By Powertrain Type, 2021 & 2031F |
9.2 Latvia Automotive Alternator Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Latvia Automotive Alternator Market - Competitive Landscape |
10.1 Latvia Automotive Alternator Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive Alternator Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |