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

Name: Latvia Automotive transmission parts Market (2025-2031) | Industry & Analysis
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy commercial Vehicles), By Fuel Type (Gasoline, Diesel, Others), By Transmission Type (Manual transmission, Automatic transmission, Automated manual transmission, Dual clutch transmission, Continuously variable transmission) And Competitive Landscape

Product Code: ETC4943531	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 Automotive Transmission Parts Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia saw a steady influx of automotive transmission parts imports, with key suppliers being Netherlands, Poland, Austria, Estonia, and Lithuania. Despite a slight decline in growth rate from 2023 to 2024, the market showed resilience with a healthy CAGR of 14.46% from 2020 to 2024. The low concentration in the Herfindahl-Hirschman Index (HHI) indicates a diverse import market, offering opportunities for suppliers from various countries to cater to Latvia`s automotive transmission parts needs.

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

Key Highlights of the Report:

Latvia Automotive transmission parts Market Outlook
Market Size of Latvia Automotive transmission parts Market, 2024
Forecast of Latvia Automotive transmission parts Market, 2031
Historical Data and Forecast of Latvia Automotive transmission parts Revenues & Volume for the Period 2021-2031
Latvia Automotive transmission parts Market Trend Evolution
Latvia Automotive transmission parts Market Drivers and Challenges
Latvia Automotive transmission parts Price Trends
Latvia Automotive transmission parts Porter`s Five Forces
Latvia Automotive transmission parts Industry Life Cycle
Historical Data and Forecast of Latvia Automotive transmission parts Market Revenues & Volume By Vehicle Type for the Period 2021-2031
Historical Data and Forecast of Latvia Automotive transmission parts Market Revenues & Volume By Passenger Cars for the Period 2021-2031
Historical Data and Forecast of Latvia Automotive transmission parts Market Revenues & Volume By Light Commercial Vehicles for the Period 2021-2031
Historical Data and Forecast of Latvia Automotive transmission parts Market Revenues & Volume By Heavy commercial Vehicles for the Period 2021-2031
Historical Data and Forecast of Latvia Automotive transmission parts Market Revenues & Volume By Fuel Type for the Period 2021-2031
Historical Data and Forecast of Latvia Automotive transmission parts Market Revenues & Volume By Gasoline for the Period 2021-2031
Historical Data and Forecast of Latvia Automotive transmission parts Market Revenues & Volume By Diesel for the Period 2021-2031
Historical Data and Forecast of Latvia Automotive transmission parts Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Latvia Automotive transmission parts Market Revenues & Volume By Transmission Type for the Period 2021-2031
Historical Data and Forecast of Latvia Automotive transmission parts Market Revenues & Volume By Manual transmission for the Period 2021-2031
Historical Data and Forecast of Latvia Automotive transmission parts Market Revenues & Volume By Automatic transmission for the Period 2021-2031
Historical Data and Forecast of Latvia Automotive transmission parts Market Revenues & Volume By Automated manual transmission for the Period 2021-2031
Historical Data and Forecast of Latvia Automotive transmission parts Market Revenues & Volume By Dual clutch transmission for the Period 2021-2031
Historical Data and Forecast of Latvia Automotive transmission parts Market Revenues & Volume By Continuously variable transmission for the Period 2021-2031
Latvia Automotive transmission parts Import Export Trade Statistics
Market Opportunity Assessment By Vehicle Type
Market Opportunity Assessment By Fuel Type
Market Opportunity Assessment By Transmission Type
Latvia Automotive transmission parts Top Companies Market Share
Latvia Automotive transmission parts Competitive Benchmarking By Technical and Operational Parameters
Latvia Automotive transmission parts Company Profiles
Latvia Automotive transmission parts Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

How does 6Wresearch market report help businesses in making strategic decisions?

Do you also provide customisation in the market study?

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 parts Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Automotive transmission parts Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Automotive transmission parts Market - Industry Life Cycle

3.4 Latvia Automotive transmission parts Market - Porter's Five Forces

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

3.6 Latvia Automotive transmission parts Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F

3.7 Latvia Automotive transmission parts Market Revenues & Volume Share, By Transmission Type, 2021 & 2031F

4 Latvia Automotive transmission parts Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for fuel-efficient vehicles driving the need for advanced transmission parts.

4.2.2 Growth in the automotive industry in Latvia leading to higher demand for transmission parts.

4.2.3 Technological advancements in transmission systems boosting the market for innovative transmission parts.

4.3 Market Restraints

4.3.1 Fluctuating raw material prices impacting the cost of production for transmission parts.

4.3.2 Stringent government regulations related to emissions and safety standards affecting product development.

4.3.3 Competition from alternative modes of transportation such as electric vehicles impacting the traditional automotive market.

5 Latvia Automotive transmission parts Market Trends

6 Latvia Automotive transmission parts Market Segmentations

6.1 Latvia Automotive transmission parts Market, By Vehicle Type

6.1.1 Overview and Analysis

6.1.2 Latvia Automotive transmission parts Market Revenues & Volume, By Passenger Cars, 2021-2031F

6.1.3 Latvia Automotive transmission parts Market Revenues & Volume, By Light Commercial Vehicles, 2021-2031F

6.1.4 Latvia Automotive transmission parts Market Revenues & Volume, By Heavy commercial Vehicles, 2021-2031F

6.2 Latvia Automotive transmission parts Market, By Fuel Type

6.2.1 Overview and Analysis

6.2.2 Latvia Automotive transmission parts Market Revenues & Volume, By Gasoline, 2021-2031F

6.2.3 Latvia Automotive transmission parts Market Revenues & Volume, By Diesel, 2021-2031F

6.2.4 Latvia Automotive transmission parts Market Revenues & Volume, By Others, 2021-2031F

6.3 Latvia Automotive transmission parts Market, By Transmission Type

6.3.1 Overview and Analysis

6.3.2 Latvia Automotive transmission parts Market Revenues & Volume, By Manual transmission, 2021-2031F

6.3.3 Latvia Automotive transmission parts Market Revenues & Volume, By Automatic transmission, 2021-2031F

6.3.4 Latvia Automotive transmission parts Market Revenues & Volume, By Automated manual transmission, 2021-2031F

6.3.5 Latvia Automotive transmission parts Market Revenues & Volume, By Dual clutch transmission, 2021-2031F

6.3.6 Latvia Automotive transmission parts Market Revenues & Volume, By Continuously variable transmission, 2021-2031F

7 Latvia Automotive transmission parts Market Import-Export Trade Statistics

7.1 Latvia Automotive transmission parts Market Export to Major Countries

7.2 Latvia Automotive transmission parts Market Imports from Major Countries

8 Latvia Automotive transmission parts Market Key Performance Indicators

8.1 Average age of vehicles in Latvia (indicating potential replacement demand for transmission parts).

8.2 Number of new car registrations in Latvia (reflecting market growth and potential demand for transmission parts).

8.3 Adoption rate of automatic transmission vehicles in Latvia (showing the shift in consumer preferences and potential market for related parts).

9 Latvia Automotive transmission parts Market - Opportunity Assessment

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

9.2 Latvia Automotive transmission parts Market Opportunity Assessment, By Fuel Type, 2021 & 2031F

9.3 Latvia Automotive transmission parts Market Opportunity Assessment, By Transmission Type, 2021 & 2031F

10 Latvia Automotive transmission parts Market - Competitive Landscape

10.1 Latvia Automotive transmission parts Market Revenue Share, By Companies, 2024

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

11 Company Profiles

12 Recommendations

13 Disclaimer

Africa Automotive transmission parts Market

Argentina Automotive transmission parts Market

Asia Automotive transmission parts Market

Asia Pacific Automotive transmission parts Market

Brazil Automotive transmission parts Market

Colombia Automotive transmission parts Market

Europe Automotive transmission parts Market

Global Automotive transmission parts Market

Mexico Automotive transmission parts Market

North America Automotive transmission parts Market

United States (US) Automotive transmission parts Market

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.

To discover high-growth global markets and optimize your business strategy:

Click Here