| Product Code: ETC10907509 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Latvia`s automotive e-axle import shipments in 2024 saw a shift in concentration from moderate to low, reflecting a more diversified market. Top exporting countries like Hungary, Germany, and Poland continued to play significant roles, while Lithuania and Sweden also contributed to the market. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 7.74%, although there was a slight decline in growth rate from 2023 to 2024 at -8.03%. Overall, the Latvian automotive e-axle import market appears dynamic with potential for further expansion and diversification.
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 E-Axle Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive E-Axle Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive E-Axle Market - Industry Life Cycle |
3.4 Latvia Automotive E-Axle Market - Porter's Five Forces |
3.5 Latvia Automotive E-Axle Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Latvia Automotive E-Axle Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Automotive E-Axle Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Latvia Automotive E-Axle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles in Latvia |
4.2.2 Growing focus on reducing carbon emissions and promoting sustainable transportation solutions |
4.2.3 Government incentives and regulations supporting the adoption of electric vehicles and e-axle technology |
4.3 Market Restraints |
4.3.1 High initial cost of e-axle technology compared to traditional automotive systems |
4.3.2 Limited charging infrastructure for electric vehicles in Latvia |
4.3.3 Concerns regarding the range and performance of electric vehicles in extreme weather conditions |
5 Latvia Automotive E-Axle Market Trends |
6 Latvia Automotive E-Axle Market, By Types |
6.1 Latvia Automotive E-Axle Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive E-Axle Market Revenues & Volume, By Component, 2021 - 2031F |
6.1.3 Latvia Automotive E-Axle Market Revenues & Volume, By Electric Motors, 2021 - 2031F |
6.1.4 Latvia Automotive E-Axle Market Revenues & Volume, By Gearbox, 2021 - 2031F |
6.1.5 Latvia Automotive E-Axle Market Revenues & Volume, By Power Electronics, 2021 - 2031F |
6.1.6 Latvia Automotive E-Axle Market Revenues & Volume, By Integrated Systems, 2021 - 2031F |
6.2 Latvia Automotive E-Axle Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive E-Axle Market Revenues & Volume, By Power Distribution, 2021 - 2031F |
6.2.3 Latvia Automotive E-Axle Market Revenues & Volume, By Performance Vehicles, 2021 - 2031F |
6.2.4 Latvia Automotive E-Axle Market Revenues & Volume, By EV Powertrain, 2021 - 2031F |
6.2.5 Latvia Automotive E-Axle Market Revenues & Volume, By Hybrid Vehicles, 2021 - 2031F |
6.3 Latvia Automotive E-Axle Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Automotive E-Axle Market Revenues & Volume, By Passenger Cars, 2021 - 2031F |
6.3.3 Latvia Automotive E-Axle Market Revenues & Volume, By Commercial Vehicles, 2021 - 2031F |
6.3.4 Latvia Automotive E-Axle Market Revenues & Volume, By Electric Vehicles, 2021 - 2031F |
6.3.5 Latvia Automotive E-Axle Market Revenues & Volume, By Luxury Vehicles, 2021 - 2031F |
7 Latvia Automotive E-Axle Market Import-Export Trade Statistics |
7.1 Latvia Automotive E-Axle Market Export to Major Countries |
7.2 Latvia Automotive E-Axle Market Imports from Major Countries |
8 Latvia Automotive E-Axle Market Key Performance Indicators |
8.1 Average utilization rate of charging stations in Latvia |
8.2 Percentage increase in electric vehicle registrations in Latvia |
8.3 Adoption rate of e-axle technology by automotive manufacturers in Latvia |
9 Latvia Automotive E-Axle Market - Opportunity Assessment |
9.1 Latvia Automotive E-Axle Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Latvia Automotive E-Axle Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Automotive E-Axle Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Latvia Automotive E-Axle Market - Competitive Landscape |
10.1 Latvia Automotive E-Axle Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive E-Axle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |