Latvia Automotive RADAR Market (2025-2031) | Outlook, Forecast, Industry, Share, Analysis, Size, Value, Segmentation, Revenue, Growth, Companies & Trends

Name: Latvia Automotive RADAR Market (2025-2031) | Outlook Growth & Companies
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Automotive RADAR Market, Latvia Automotive RADAR Market, Latvia Automotive RADAR Market Revenues, Latvia Automotive RADAR Market Share, Latvia Automotive RADAR Market Size, Latvia Automotive RADAR Market Outlook, Latvia Automotive RADAR Market Report, Latvia Automotive RADAR Market Competition, Latvia Automotive RADAR Market Overview, Latvia Automotive RADAR Market Trends, Latvia Automotive RADAR Market Forecast

Market Forecast By Range Type (Long Range RADAR , Short & Medium Range RADAR), By Application (ACC, AEB, FCWS, BSD, Intelligent Parking Assistance), By Frequency (2X-GHz , 7X-GHz) And Competitive Landscape

Product Code: ETC5879167	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 Automotive Radar Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s automotive radar import shipments in 2024 saw significant diversification in sourcing countries, with Lithuania, Poland, Canada, Hungary, and the Netherlands emerging as top exporters. The high Herfindahl-Hirschman Index (HHI) concentration observed in 2023 decreased to a more moderate level in 2024, indicating a healthier market competition. Despite a moderate Compound Annual Growth Rate (CAGR) of 2.47% from 2020 to 2024, there was a notable decline in growth rate (-52.03%) from 2023 to 2024. This data suggests a shifting landscape in the automotive radar import market in Latvia, with implications for industry players and stakeholders.

Latvia Automotive Radar Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Latvia Automotive RADAR Market Outlook
Market Size of Latvia Automotive RADAR Market, 2024
Forecast of Latvia Automotive RADAR Market, 2031
Historical Data and Forecast of Latvia Automotive RADAR Revenues & Volume for the Period 2021-2031
Latvia Automotive RADAR Market Trend Evolution
Latvia Automotive RADAR Market Drivers and Challenges
Latvia Automotive RADAR Price Trends
Latvia Automotive RADAR Porter`s Five Forces
Latvia Automotive RADAR Industry Life Cycle
Historical Data and Forecast of Latvia Automotive RADAR Market Revenues & Volume By Range Type for the Period 2021-2031
Historical Data and Forecast of Latvia Automotive RADAR Market Revenues & Volume By Long Range RADAR for the Period 2021-2031
Historical Data and Forecast of Latvia Automotive RADAR Market Revenues & Volume By Short & Medium Range RADAR for the Period 2021-2031
Historical Data and Forecast of Latvia Automotive RADAR Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Latvia Automotive RADAR Market Revenues & Volume By ACC for the Period 2021-2031
Historical Data and Forecast of Latvia Automotive RADAR Market Revenues & Volume By AEB for the Period 2021-2031
Historical Data and Forecast of Latvia Automotive RADAR Market Revenues & Volume By FCWS for the Period 2021-2031
Historical Data and Forecast of Latvia Automotive RADAR Market Revenues & Volume By BSD for the Period 2021-2031
Historical Data and Forecast of Latvia Automotive RADAR Market Revenues & Volume By Intelligent Parking Assistance for the Period 2021-2031
Historical Data and Forecast of Latvia Automotive RADAR Market Revenues & Volume By Frequency for the Period 2021-2031
Historical Data and Forecast of Latvia Automotive RADAR Market Revenues & Volume By 2X-GHz for the Period 2021-2031
Historical Data and Forecast of Latvia Automotive RADAR Market Revenues & Volume By 7X-GHz for the Period 2021-2031
Latvia Automotive RADAR Import Export Trade Statistics
Market Opportunity Assessment By Range Type
Market Opportunity Assessment By Application
Market Opportunity Assessment By Frequency
Latvia Automotive RADAR Top Companies Market Share
Latvia Automotive RADAR Competitive Benchmarking By Technical and Operational Parameters
Latvia Automotive RADAR Company Profiles
Latvia Automotive RADAR Key Strategic Recommendations

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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 RADAR Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Automotive RADAR Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Automotive RADAR Market - Industry Life Cycle

3.4 Latvia Automotive RADAR Market - Porter's Five Forces

3.5 Latvia Automotive RADAR Market Revenues & Volume Share, By Range Type, 2021 & 2031F

3.6 Latvia Automotive RADAR Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 Latvia Automotive RADAR Market Revenues & Volume Share, By Frequency, 2021 & 2031F

4 Latvia Automotive RADAR Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Stringent safety regulations mandating the use of advanced driver assistance systems (ADAS) in vehicles.

4.2.2 Increasing demand for autonomous vehicles driving the adoption of radar technology in automotive applications.

4.2.3 Technological advancements leading to enhanced radar capabilities and performance in vehicles.

4.3 Market Restraints

4.3.1 High initial costs associated with radar technology implementation in vehicles.

4.3.2 Concerns regarding data security and privacy related to radar systems in vehicles.

5 Latvia Automotive RADAR Market Trends

6 Latvia Automotive RADAR Market Segmentations

6.1 Latvia Automotive RADAR Market, By Range Type

6.1.1 Overview and Analysis

6.1.2 Latvia Automotive RADAR Market Revenues & Volume, By Long Range RADAR , 2021-2031F

6.1.3 Latvia Automotive RADAR Market Revenues & Volume, By Short & Medium Range RADAR, 2021-2031F

6.2 Latvia Automotive RADAR Market, By Application

6.2.1 Overview and Analysis

6.2.2 Latvia Automotive RADAR Market Revenues & Volume, By ACC, 2021-2031F

6.2.3 Latvia Automotive RADAR Market Revenues & Volume, By AEB, 2021-2031F

6.2.4 Latvia Automotive RADAR Market Revenues & Volume, By FCWS, 2021-2031F

6.2.5 Latvia Automotive RADAR Market Revenues & Volume, By BSD, 2021-2031F

6.2.6 Latvia Automotive RADAR Market Revenues & Volume, By Intelligent Parking Assistance, 2021-2031F

6.3 Latvia Automotive RADAR Market, By Frequency

6.3.1 Overview and Analysis

6.3.2 Latvia Automotive RADAR Market Revenues & Volume, By 2X-GHz , 2021-2031F

6.3.3 Latvia Automotive RADAR Market Revenues & Volume, By 7X-GHz, 2021-2031F

7 Latvia Automotive RADAR Market Import-Export Trade Statistics

7.1 Latvia Automotive RADAR Market Export to Major Countries

7.2 Latvia Automotive RADAR Market Imports from Major Countries

8 Latvia Automotive RADAR Market Key Performance Indicators

8.1 Number of vehicles equipped with radar systems in Latvia.

8.2 Adoption rate of ADAS features using radar technology in vehicles.

8.3 Rate of technological advancements in automotive radar systems.

9 Latvia Automotive RADAR Market - Opportunity Assessment

9.1 Latvia Automotive RADAR Market Opportunity Assessment, By Range Type, 2021 & 2031F

9.2 Latvia Automotive RADAR Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 Latvia Automotive RADAR Market Opportunity Assessment, By Frequency, 2021 & 2031F

10 Latvia Automotive RADAR Market - Competitive Landscape

10.1 Latvia Automotive RADAR Market Revenue Share, By Companies, 2024

10.2 Latvia Automotive RADAR Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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