| Product Code: ETC7905928 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The battery-swapping trend for electric two-wheelers in Latvia is gaining momentum, with a significant increase in import shipments from top exporting countries such as Germany, China, Netherlands, Czechia, and Slovenia in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. The impressive compound annual growth rate (CAGR) of 45.05% from 2020 to 2024 underscores the rapid expansion of this market segment. Moreover, the robust growth rate of 17.99% from 2023 to 2024 highlights the continuous upward trajectory of battery-swapping solutions for electric two-wheelers in Latvia.

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 Battery-Swapping for Electric Two-Wheeler Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Battery-Swapping for Electric Two-Wheeler Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Battery-Swapping for Electric Two-Wheeler Market - Industry Life Cycle |
3.4 Latvia Battery-Swapping for Electric Two-Wheeler Market - Porter's Five Forces |
3.5 Latvia Battery-Swapping for Electric Two-Wheeler Market Revenues & Volume Share, By Service Type, 2021 & 2031F |
3.6 Latvia Battery-Swapping for Electric Two-Wheeler Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
4 Latvia Battery-Swapping for Electric Two-Wheeler Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of electric two-wheelers in Latvia |
4.2.2 Government incentives and policies promoting sustainable transportation |
4.2.3 Growing awareness about environmental impact and need for clean energy solutions |
4.3 Market Restraints |
4.3.1 High initial investment costs for setting up battery-swapping infrastructure |
4.3.2 Limited availability of charging stations in remote areas |
4.3.3 Potential technical challenges and compatibility issues with different electric two-wheeler models |
5 Latvia Battery-Swapping for Electric Two-Wheeler Market Trends |
6 Latvia Battery-Swapping for Electric Two-Wheeler Market, By Types |
6.1 Latvia Battery-Swapping for Electric Two-Wheeler Market, By Service Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Battery-Swapping for Electric Two-Wheeler Market Revenues & Volume, By Service Type, 2021- 2031F |
6.1.3 Latvia Battery-Swapping for Electric Two-Wheeler Market Revenues & Volume, By Pay-Per-Use Model, 2021- 2031F |
6.1.4 Latvia Battery-Swapping for Electric Two-Wheeler Market Revenues & Volume, By Subscription Model, 2021- 2031F |
6.2 Latvia Battery-Swapping for Electric Two-Wheeler Market, By Battery Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Battery-Swapping for Electric Two-Wheeler Market Revenues & Volume, By Lead Acid, 2021- 2031F |
6.2.3 Latvia Battery-Swapping for Electric Two-Wheeler Market Revenues & Volume, By Lithium-Ion, 2021- 2031F |
7 Latvia Battery-Swapping for Electric Two-Wheeler Market Import-Export Trade Statistics |
7.1 Latvia Battery-Swapping for Electric Two-Wheeler Market Export to Major Countries |
7.2 Latvia Battery-Swapping for Electric Two-Wheeler Market Imports from Major Countries |
8 Latvia Battery-Swapping for Electric Two-Wheeler Market Key Performance Indicators |
8.1 Average number of battery swaps per day |
8.2 Percentage increase in the number of electric two-wheelers on the road |
8.3 Average distance covered per battery swap |
9 Latvia Battery-Swapping for Electric Two-Wheeler Market - Opportunity Assessment |
9.1 Latvia Battery-Swapping for Electric Two-Wheeler Market Opportunity Assessment, By Service Type, 2021 & 2031F |
9.2 Latvia Battery-Swapping for Electric Two-Wheeler Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
10 Latvia Battery-Swapping for Electric Two-Wheeler Market - Competitive Landscape |
10.1 Latvia Battery-Swapping for Electric Two-Wheeler Market Revenue Share, By Companies, 2024 |
10.2 Latvia Battery-Swapping for Electric Two-Wheeler Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |