| Product Code: ETC4723017 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s automotive heat exchanger import market in 2024 continued to see significant contributions from top exporting countries like Poland, Germany, Sweden, Lithuania, and Estonia. Despite a slight decline in growth rate from 2023 to 2024, the market maintained high concentration levels with a Herfindahl-Hirschman Index (HHI) remaining elevated. The compound annual growth rate (CAGR) from 2020 to 2024 indicates steady expansion at 1.49%, highlighting the resilience and stability of the automotive heat exchanger import sector in Latvia.

By 2027, Latvia's Automotive Heat Exchanger market is forecasted to achieve a stable growth rate of 2.86%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

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 Heat Exchanger Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive Heat Exchanger Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive Heat Exchanger Market - Industry Life Cycle |
3.4 Latvia Automotive Heat Exchanger Market - Porter's Five Forces |
3.5 Latvia Automotive Heat Exchanger Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Latvia Automotive Heat Exchanger Market Revenues & Volume Share, By Design Type, 2021 & 2031F |
3.7 Latvia Automotive Heat Exchanger Market Revenues & Volume Share, By Electric Vehicle Type, 2021 & 2031F |
3.8 Latvia Automotive Heat Exchanger Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.9 Latvia Automotive Heat Exchanger Market Revenues & Volume Share, By Off-Highway Vehicle Type, 2021 & 2031F |
4 Latvia Automotive Heat Exchanger Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles in Latvia |
4.2.2 Growing awareness about the importance of thermal management in automotive systems |
4.2.3 Government regulations promoting the use of energy-efficient technologies in vehicles |
4.3 Market Restraints |
4.3.1 High initial investment required for advanced heat exchanger technologies |
4.3.2 Fluctuating raw material prices affecting manufacturing costs |
4.3.3 Competition from substitute technologies such as electric vehicles |
5 Latvia Automotive Heat Exchanger Market Trends |
6 Latvia Automotive Heat Exchanger Market Segmentations |
6.1 Latvia Automotive Heat Exchanger Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive Heat Exchanger Market Revenues & Volume, By Air Conditioning Systems, 2021-2031F |
6.1.3 Latvia Automotive Heat Exchanger Market Revenues & Volume, By Exhaust Gas Heat Exchangers, 2021-2031F |
6.1.4 Latvia Automotive Heat Exchanger Market Revenues & Volume, By Intercoolers, 2021-2031F |
6.1.5 Latvia Automotive Heat Exchanger Market Revenues & Volume, By Oil Coolers, 2021-2031F |
6.1.6 Latvia Automotive Heat Exchanger Market Revenues & Volume, By Radiators, 2021-2031F |
6.2 Latvia Automotive Heat Exchanger Market, By Design Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive Heat Exchanger Market Revenues & Volume, By Plate Bar, 2021-2031F |
6.2.3 Latvia Automotive Heat Exchanger Market Revenues & Volume, By Tube Fin, 2021-2031F |
6.2.4 Latvia Automotive Heat Exchanger Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Automotive Heat Exchanger Market, By Electric Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Automotive Heat Exchanger Market Revenues & Volume, By BEV, 2021-2031F |
6.3.3 Latvia Automotive Heat Exchanger Market Revenues & Volume, By HEV, 2021-2031F |
6.3.4 Latvia Automotive Heat Exchanger Market Revenues & Volume, By PHEV, 2021-2031F |
6.4 Latvia Automotive Heat Exchanger Market, By Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 Latvia Automotive Heat Exchanger Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.4.3 Latvia Automotive Heat Exchanger Market Revenues & Volume, By Light Commercial Vehicle, 2021-2031F |
6.4.4 Latvia Automotive Heat Exchanger Market Revenues & Volume, By Heavy Commercial Vehicle, 2021-2031F |
6.5 Latvia Automotive Heat Exchanger Market, By Off-Highway Vehicle Type |
6.5.1 Overview and Analysis |
6.5.2 Latvia Automotive Heat Exchanger Market Revenues & Volume, By Agricultural Equipment, 2021-2031F |
6.5.3 Latvia Automotive Heat Exchanger Market Revenues & Volume, By Construction Equipment, 2021-2031F |
7 Latvia Automotive Heat Exchanger Market Import-Export Trade Statistics |
7.1 Latvia Automotive Heat Exchanger Market Export to Major Countries |
7.2 Latvia Automotive Heat Exchanger Market Imports from Major Countries |
8 Latvia Automotive Heat Exchanger Market Key Performance Indicators |
8.1 Average fuel efficiency of vehicles in Latvia |
8.2 Adoption rate of thermal management technologies in new vehicle models |
8.3 Number of government policies supporting energy-efficient automotive technologies |
9 Latvia Automotive Heat Exchanger Market - Opportunity Assessment |
9.1 Latvia Automotive Heat Exchanger Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Latvia Automotive Heat Exchanger Market Opportunity Assessment, By Design Type, 2021 & 2031F |
9.3 Latvia Automotive Heat Exchanger Market Opportunity Assessment, By Electric Vehicle Type, 2021 & 2031F |
9.4 Latvia Automotive Heat Exchanger Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.5 Latvia Automotive Heat Exchanger Market Opportunity Assessment, By Off-Highway Vehicle Type, 2021 & 2031F |
10 Latvia Automotive Heat Exchanger Market - Competitive Landscape |
10.1 Latvia Automotive Heat Exchanger Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive Heat Exchanger Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |