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

Market Forecast By Vehicle Type (Passenger Cars, Commercial Vehicles), By Mechanism (Electronic Power Steering (EPS), Hydraulic Power Steering (HPS), Electrically Assisted Hydraulic Power Steering), By Component (Hydraulic Pump, Steering/ Column/ Rack, Sensors, Electric Motor, Others) And Competitive Landscape
Product Code: ETC7905468 Publication Date: Sep 2024 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Sumit Sagar No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

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

The Latvia automotive steering import market saw significant growth in 2024, with top exporters being Poland, Germany, Lithuania, India, and Italy. The market exhibited a shift from high concentration in 2023 to moderate concentration in 2024, indicating increased competition among suppliers. The impressive CAGR of 16.51% from 2020 to 2024, coupled with a notable growth rate of 22.01% from 2023 to 2024, suggests a promising outlook for the automotive steering import sector in Latvia. Market players should continue to monitor these trends for strategic decision-making.

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

Key Highlights of the Report:

  • Latvia Automotive Steering Market Outlook
  • Market Size of Latvia Automotive Steering Market, 2024
  • Forecast of Latvia Automotive Steering Market, 2031
  • Historical Data and Forecast of Latvia Automotive Steering Revenues & Volume for the Period 2021- 2031
  • Latvia Automotive Steering Market Trend Evolution
  • Latvia Automotive Steering Market Drivers and Challenges
  • Latvia Automotive Steering Price Trends
  • Latvia Automotive Steering Porter's Five Forces
  • Latvia Automotive Steering Industry Life Cycle
  • Historical Data and Forecast of Latvia Automotive Steering Market Revenues & Volume By Vehicle Type for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Automotive Steering Market Revenues & Volume By Passenger Cars for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Automotive Steering Market Revenues & Volume By Commercial Vehicles for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Automotive Steering Market Revenues & Volume By Mechanism for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Automotive Steering Market Revenues & Volume By Electronic Power Steering (EPS) for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Automotive Steering Market Revenues & Volume By Hydraulic Power Steering (HPS) for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Automotive Steering Market Revenues & Volume By Electrically Assisted Hydraulic Power Steering for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Automotive Steering Market Revenues & Volume By Component for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Automotive Steering Market Revenues & Volume By Hydraulic Pump for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Automotive Steering Market Revenues & Volume By Steering/ Column/ Rack for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Automotive Steering Market Revenues & Volume By Sensors for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Automotive Steering Market Revenues & Volume By Electric Motor for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Automotive Steering Market Revenues & Volume By Others for the Period 2021- 2031
  • Latvia Automotive Steering Import Export Trade Statistics
  • Market Opportunity Assessment By Vehicle Type
  • Market Opportunity Assessment By Mechanism
  • Market Opportunity Assessment By Component
  • Latvia Automotive Steering Top Companies Market Share
  • Latvia Automotive Steering Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Automotive Steering Company Profiles
  • Latvia Automotive Steering Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Automotive Steering Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Automotive Steering Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Steering Market Overview

3.1 Latvia Country Macro Economic Indicators

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

3.3 Latvia Automotive Steering Market - Industry Life Cycle

3.4 Latvia Automotive Steering Market - Porter's Five Forces

3.5 Latvia Automotive Steering Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F

3.6 Latvia Automotive Steering Market Revenues & Volume Share, By Mechanism, 2021 & 2031F

3.7 Latvia Automotive Steering Market Revenues & Volume Share, By Component, 2021 & 2031F

4 Latvia Automotive Steering Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Latvia Automotive Steering Market Trends

6 Latvia Automotive Steering Market, By Types

6.1 Latvia Automotive Steering Market, By Vehicle Type

6.1.1 Overview and Analysis

6.1.2 Latvia Automotive Steering Market Revenues & Volume, By Vehicle Type, 2021- 2031F

6.1.3 Latvia Automotive Steering Market Revenues & Volume, By Passenger Cars, 2021- 2031F

6.1.4 Latvia Automotive Steering Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F

6.2 Latvia Automotive Steering Market, By Mechanism

6.2.1 Overview and Analysis

6.2.2 Latvia Automotive Steering Market Revenues & Volume, By Electronic Power Steering (EPS), 2021- 2031F

6.2.3 Latvia Automotive Steering Market Revenues & Volume, By Hydraulic Power Steering (HPS), 2021- 2031F

6.2.4 Latvia Automotive Steering Market Revenues & Volume, By Electrically Assisted Hydraulic Power Steering, 2021- 2031F

6.3 Latvia Automotive Steering Market, By Component

6.3.1 Overview and Analysis

6.3.2 Latvia Automotive Steering Market Revenues & Volume, By Hydraulic Pump, 2021- 2031F

6.3.3 Latvia Automotive Steering Market Revenues & Volume, By Steering/ Column/ Rack, 2021- 2031F

6.3.4 Latvia Automotive Steering Market Revenues & Volume, By Sensors, 2021- 2031F

6.3.5 Latvia Automotive Steering Market Revenues & Volume, By Electric Motor, 2021- 2031F

6.3.6 Latvia Automotive Steering Market Revenues & Volume, By Others, 2021- 2031F

7 Latvia Automotive Steering Market Import-Export Trade Statistics

7.1 Latvia Automotive Steering Market Export to Major Countries

7.2 Latvia Automotive Steering Market Imports from Major Countries

8 Latvia Automotive Steering Market Key Performance Indicators

9 Latvia Automotive Steering Market - Opportunity Assessment

9.1 Latvia Automotive Steering Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F

9.2 Latvia Automotive Steering Market Opportunity Assessment, By Mechanism, 2021 & 2031F

9.3 Latvia Automotive Steering Market Opportunity Assessment, By Component, 2021 & 2031F

10 Latvia Automotive Steering Market - Competitive Landscape

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

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

11 Company Profiles

12 Recommendations

13 Disclaimer

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