| Product Code: ETC5894329 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Latvia saw a steady increase in automotive transmission imports, with top exporters being the Netherlands, Poland, Austria, Estonia, and Lithuania. Despite the diverse sources, the market remained relatively competitive with low concentration indicated by the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was a robust 14.46%, showcasing a thriving market. However, there was a slight dip in growth from 2023 to 2024 at -3.07%, which could be attributed to various factors impacting the industry. Overall, the Latvian automotive transmission import market continues to show resilience and potential for further development.
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 Transmission Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive Transmission Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive Transmission Market - Industry Life Cycle |
3.4 Latvia Automotive Transmission Market - Porter's Five Forces |
3.5 Latvia Automotive Transmission Market Revenues & Volume Share, By Engine, 2021 & 2031F |
3.6 Latvia Automotive Transmission Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latvia Automotive Transmission Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Latvia Automotive Transmission Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for fuel-efficient vehicles in Latvia |
4.2.2 Technological advancements in automotive transmission systems |
4.2.3 Increasing disposable income of consumers in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent government regulations related to emissions and safety standards |
4.3.3 Competition from electric vehicles affecting traditional transmission market |
5 Latvia Automotive Transmission Market Trends |
6 Latvia Automotive Transmission Market Segmentations |
6.1 Latvia Automotive Transmission Market, By Engine |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive Transmission Market Revenues & Volume, By IC Engine, 2021-2031F |
6.1.3 Latvia Automotive Transmission Market Revenues & Volume, By Electric, 2021-2031F |
6.2 Latvia Automotive Transmission Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive Transmission Market Revenues & Volume, By Manual, 2021-2031F |
6.2.3 Latvia Automotive Transmission Market Revenues & Volume, By Automatic, 2021-2031F |
6.2.4 Latvia Automotive Transmission Market Revenues & Volume, By Automated Manual Transmission (AMT), 2021-2031F |
6.2.5 Latvia Automotive Transmission Market Revenues & Volume, By Others (CVT, DCT), 2021-2031F |
6.3 Latvia Automotive Transmission Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Automotive Transmission Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.3.3 Latvia Automotive Transmission Market Revenues & Volume, By Light Commercial Vehicle, 2021-2031F |
6.3.4 Latvia Automotive Transmission Market Revenues & Volume, By Heavy Commercial Vehicle, 2021-2031F |
6.3.5 Latvia Automotive Transmission Market Revenues & Volume, By Electric Vehicle, 2021-2031F |
7 Latvia Automotive Transmission Market Import-Export Trade Statistics |
7.1 Latvia Automotive Transmission Market Export to Major Countries |
7.2 Latvia Automotive Transmission Market Imports from Major Countries |
8 Latvia Automotive Transmission Market Key Performance Indicators |
8.1 Average fuel efficiency improvement in vehicles |
8.2 Adoption rate of advanced transmission technologies in new vehicles |
8.3 Consumer surveys on preferences for transmission types |
8.4 Average age of vehicles on the road in Latvia |
8.5 Number of automotive transmission workshops and service centers in Latvia |
9 Latvia Automotive Transmission Market - Opportunity Assessment |
9.1 Latvia Automotive Transmission Market Opportunity Assessment, By Engine, 2021 & 2031F |
9.2 Latvia Automotive Transmission Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Latvia Automotive Transmission Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Latvia Automotive Transmission Market - Competitive Landscape |
10.1 Latvia Automotive Transmission Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive Transmission Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |