| Product Code: ETC7905185 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia saw a steady increase in automotive disc brake imports with top suppliers being Poland, Germany, Lithuania, Finland, and Italy. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained at a moderate level. The impressive Compound Annual Growth Rate (CAGR) of 14.96% from 2020 to 2024 indicates a robust market expansion. Moreover, the growth rate of 9.03% from 2023 to 2024 highlights the continued momentum in the import of automotive disc brakes, showcasing a positive outlook for the industry 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 Automotive Disc Brake Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive Disc Brake Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive Disc Brake Market - Industry Life Cycle |
3.4 Latvia Automotive Disc Brake Market - Porter's Five Forces |
3.5 Latvia Automotive Disc Brake Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Automotive Disc Brake Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Automotive Disc Brake Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for safer and more efficient braking systems in vehicles |
4.2.2 Growth in the automotive industry in Latvia leading to higher vehicle sales |
4.2.3 Technological advancements in disc brake systems improving performance and durability |
4.3 Market Restraints |
4.3.1 Economic fluctuations impacting consumer spending on automotive components |
4.3.2 Competition from alternative braking technologies like regenerative braking systems |
4.3.3 Environmental concerns pushing for the development of eco-friendly braking solutions |
5 Latvia Automotive Disc Brake Market Trends |
6 Latvia Automotive Disc Brake Market, By Types |
6.1 Latvia Automotive Disc Brake Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive Disc Brake Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Automotive Disc Brake Market Revenues & Volume, By Opposed Piston, 2021- 2031F |
6.1.4 Latvia Automotive Disc Brake Market Revenues & Volume, By Floating Caliper, 2021- 2031F |
6.2 Latvia Automotive Disc Brake Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive Disc Brake Market Revenues & Volume, By Medium & Heavy Commercial Vehicles, 2021- 2031F |
6.2.3 Latvia Automotive Disc Brake Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.2.4 Latvia Automotive Disc Brake Market Revenues & Volume, By Light Commercial Vehicles, 2021- 2031F |
7 Latvia Automotive Disc Brake Market Import-Export Trade Statistics |
7.1 Latvia Automotive Disc Brake Market Export to Major Countries |
7.2 Latvia Automotive Disc Brake Market Imports from Major Countries |
8 Latvia Automotive Disc Brake Market Key Performance Indicators |
8.1 Average age of vehicles in Latvia (indicative of potential replacement demand for disc brakes) |
8.2 Number of road accidents in Latvia (highlighting the importance of safety features like disc brakes) |
8.3 Adoption rate of electric vehicles in Latvia (impacting the demand for disc brakes in different vehicle types) |
9 Latvia Automotive Disc Brake Market - Opportunity Assessment |
9.1 Latvia Automotive Disc Brake Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Automotive Disc Brake Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Automotive Disc Brake Market - Competitive Landscape |
10.1 Latvia Automotive Disc Brake Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive Disc Brake Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |