| Product Code: ETC7905203 | 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 |
Latvia`s automotive electric HVAC compressor import shipments in 2024 saw notable growth, with top exporters including China, Germany, USA, Lithuania, and Poland. The market concentration shifted from low to moderate in 2024, indicating increased competition among suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 was 2.12%, while the growth rate from 2023 to 2024 spiked to 10.03%. This suggests a rising demand for automotive electric HVAC compressors in Latvia, driven by factors such as technological advancements and evolving consumer preferences.

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 Electric HVAC Compressor Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive Electric HVAC Compressor Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive Electric HVAC Compressor Market - Industry Life Cycle |
3.4 Latvia Automotive Electric HVAC Compressor Market - Porter's Five Forces |
3.5 Latvia Automotive Electric HVAC Compressor Market Revenues & Volume Share, By Cooling Capacity, 2021 & 2031F |
3.6 Latvia Automotive Electric HVAC Compressor Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Latvia Automotive Electric HVAC Compressor Market Revenues & Volume Share, By Drivetrain, 2021 & 2031F |
4 Latvia Automotive Electric HVAC Compressor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles in Latvia |
4.2.2 Government initiatives promoting the adoption of electric vehicles |
4.2.3 Growing awareness about environmental sustainability and reducing carbon emissions |
4.3 Market Restraints |
4.3.1 High initial cost of electric vehicles and associated components |
4.3.2 Lack of widespread charging infrastructure for electric vehicles |
4.3.3 Limited consumer awareness and education about electric HVAC compressors |
5 Latvia Automotive Electric HVAC Compressor Market Trends |
6 Latvia Automotive Electric HVAC Compressor Market, By Types |
6.1 Latvia Automotive Electric HVAC Compressor Market, By Cooling Capacity |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive Electric HVAC Compressor Market Revenues & Volume, By Cooling Capacity, 2021- 2031F |
6.1.3 Latvia Automotive Electric HVAC Compressor Market Revenues & Volume, By Less than 20 CC, 2021- 2031F |
6.1.4 Latvia Automotive Electric HVAC Compressor Market Revenues & Volume, By 20-40 CC, 2021- 2031F |
6.1.5 Latvia Automotive Electric HVAC Compressor Market Revenues & Volume, By 40-60 CC, 2021- 2031F |
6.1.6 Latvia Automotive Electric HVAC Compressor Market Revenues & Volume, By More than 60 CC, 2021- 2031F |
6.2 Latvia Automotive Electric HVAC Compressor Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive Electric HVAC Compressor Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
6.2.3 Latvia Automotive Electric HVAC Compressor Market Revenues & Volume, By LCV, 2021- 2031F |
6.2.4 Latvia Automotive Electric HVAC Compressor Market Revenues & Volume, By HCV, 2021- 2031F |
6.2.5 Latvia Automotive Electric HVAC Compressor Market Revenues & Volume, By Buses & Coaches, 2021- 2031F |
6.3 Latvia Automotive Electric HVAC Compressor Market, By Drivetrain |
6.3.1 Overview and Analysis |
6.3.2 Latvia Automotive Electric HVAC Compressor Market Revenues & Volume, By PHEV, 2021- 2031F |
6.3.3 Latvia Automotive Electric HVAC Compressor Market Revenues & Volume, By BEV, 2021- 2031F |
6.3.4 Latvia Automotive Electric HVAC Compressor Market Revenues & Volume, By HEV, 2021- 2031F |
7 Latvia Automotive Electric HVAC Compressor Market Import-Export Trade Statistics |
7.1 Latvia Automotive Electric HVAC Compressor Market Export to Major Countries |
7.2 Latvia Automotive Electric HVAC Compressor Market Imports from Major Countries |
8 Latvia Automotive Electric HVAC Compressor Market Key Performance Indicators |
8.1 Number of public charging stations for electric vehicles in Latvia |
8.2 Percentage of electric vehicles sales in the overall automotive market in Latvia |
8.3 Investment in renewable energy sources for powering electric vehicles |
9 Latvia Automotive Electric HVAC Compressor Market - Opportunity Assessment |
9.1 Latvia Automotive Electric HVAC Compressor Market Opportunity Assessment, By Cooling Capacity, 2021 & 2031F |
9.2 Latvia Automotive Electric HVAC Compressor Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Latvia Automotive Electric HVAC Compressor Market Opportunity Assessment, By Drivetrain, 2021 & 2031F |
10 Latvia Automotive Electric HVAC Compressor Market - Competitive Landscape |
10.1 Latvia Automotive Electric HVAC Compressor Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive Electric HVAC Compressor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |