| Product Code: ETC5896590 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s automotive powertrain import shipments in 2024 saw a diverse range of top countries exporting, including the Netherlands, Poland, Austria, Estonia, and Lithuania. The Herfindahl-Hirschman Index (HHI) indicated low concentration, suggesting a competitive market landscape. With a strong compound annual growth rate (CAGR) of 14.46% from 2020-2024, the industry demonstrated robust expansion. However, there was a slight decline in growth rate from 2023-2024 at -3.07%, highlighting potential shifts in market dynamics or external factors affecting the import trend.

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 Powertrain Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive Powertrain Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive Powertrain Market - Industry Life Cycle |
3.4 Latvia Automotive Powertrain Market - Porter's Five Forces |
3.5 Latvia Automotive Powertrain Market Revenues & Volume Share, By Position, 2021 & 2031F |
3.6 Latvia Automotive Powertrain Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Latvia Automotive Powertrain Market Revenues & Volume Share, By Engine Type, 2021 & 2031F |
4 Latvia Automotive Powertrain Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles |
4.2.2 Technological advancements in automotive powertrain systems |
4.2.3 Growing focus on reducing emissions and improving environmental sustainability in the automotive industry |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Regulatory challenges related to emissions standards and environmental regulations |
4.3.3 Economic uncertainties affecting consumer purchasing power |
5 Latvia Automotive Powertrain Market Trends |
6 Latvia Automotive Powertrain Market Segmentations |
6.1 Latvia Automotive Powertrain Market, By Position |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive Powertrain Market Revenues & Volume, By FWD, 2021-2031F |
6.1.3 Latvia Automotive Powertrain Market Revenues & Volume, By RWD, 2021-2031F |
6.1.4 Latvia Automotive Powertrain Market Revenues & Volume, By AWD, 2021-2031F |
6.2 Latvia Automotive Powertrain Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive Powertrain Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.2.3 Latvia Automotive Powertrain Market Revenues & Volume, By LCV, 2021-2031F |
6.2.4 Latvia Automotive Powertrain Market Revenues & Volume, By HCV, 2021-2031F |
6.3 Latvia Automotive Powertrain Market, By Engine Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Automotive Powertrain Market Revenues & Volume, By Gasoline, 2021-2031F |
6.3.3 Latvia Automotive Powertrain Market Revenues & Volume, By Diesel, 2021-2031F |
7 Latvia Automotive Powertrain Market Import-Export Trade Statistics |
7.1 Latvia Automotive Powertrain Market Export to Major Countries |
7.2 Latvia Automotive Powertrain Market Imports from Major Countries |
8 Latvia Automotive Powertrain Market Key Performance Indicators |
8.1 Average fuel efficiency of vehicles in Latvia |
8.2 Adoption rate of advanced powertrain technologies in the automotive sector |
8.3 Number of new environmentally friendly initiatives or policies implemented in the automotive industry in Latvia |
9 Latvia Automotive Powertrain Market - Opportunity Assessment |
9.1 Latvia Automotive Powertrain Market Opportunity Assessment, By Position, 2021 & 2031F |
9.2 Latvia Automotive Powertrain Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Latvia Automotive Powertrain Market Opportunity Assessment, By Engine Type, 2021 & 2031F |
10 Latvia Automotive Powertrain Market - Competitive Landscape |
10.1 Latvia Automotive Powertrain Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive Powertrain Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |