| Product Code: ETC7906262 | 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 market for body worn temperature sensors in Latvia is showing promising growth, with top importing countries such as China, Germany, and Sweden leading the way in 2024. The shift from moderate to low concentration in the Herfindahl-Hirschman Index (HHI) indicates a diversification of sources for these imports. With a healthy Compound Annual Growth Rate (CAGR) of 6.2% from 2020 to 2024 and a notable growth rate of 8.98% from 2023 to 2024, the market is poised for continued expansion and innovation in the coming years.

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 Body Worn Temperature Sensor Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Body Worn Temperature Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Body Worn Temperature Sensor Market - Industry Life Cycle |
3.4 Latvia Body Worn Temperature Sensor Market - Porter's Five Forces |
3.5 Latvia Body Worn Temperature Sensor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Body Worn Temperature Sensor Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Body Worn Temperature Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Body Worn Temperature Sensor Market Trends |
6 Latvia Body Worn Temperature Sensor Market, By Types |
6.1 Latvia Body Worn Temperature Sensor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Body Worn Temperature Sensor Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Body Worn Temperature Sensor Market Revenues & Volume, By Motion Sensors, 2021- 2031F |
6.1.4 Latvia Body Worn Temperature Sensor Market Revenues & Volume, By Pressure Sensors, 2021- 2031F |
6.1.5 Latvia Body Worn Temperature Sensor Market Revenues & Volume, By Temperature Sensors, 2021- 2031F |
6.1.6 Latvia Body Worn Temperature Sensor Market Revenues & Volume, By Position Sensors, 2021- 2031F |
6.1.7 Latvia Body Worn Temperature Sensor Market Revenues & Volume, By Inertial Sensors, 2021- 2031F |
6.1.8 Latvia Body Worn Temperature Sensor Market Revenues & Volume, By Medical Based Sensors, 2021- 2031F |
6.2 Latvia Body Worn Temperature Sensor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Body Worn Temperature Sensor Market Revenues & Volume, By Fitness and Wellness, 2021- 2031F |
6.2.3 Latvia Body Worn Temperature Sensor Market Revenues & Volume, By Infotainment, 2021- 2031F |
6.2.4 Latvia Body Worn Temperature Sensor Market Revenues & Volume, By Healthcare and Medical, 2021- 2031F |
6.2.5 Latvia Body Worn Temperature Sensor Market Revenues & Volume, By Clinical Setting, 2021- 2031F |
6.2.6 Latvia Body Worn Temperature Sensor Market Revenues & Volume, By Industrial and Military, 2021- 2031F |
7 Latvia Body Worn Temperature Sensor Market Import-Export Trade Statistics |
7.1 Latvia Body Worn Temperature Sensor Market Export to Major Countries |
7.2 Latvia Body Worn Temperature Sensor Market Imports from Major Countries |
8 Latvia Body Worn Temperature Sensor Market Key Performance Indicators |
9 Latvia Body Worn Temperature Sensor Market - Opportunity Assessment |
9.1 Latvia Body Worn Temperature Sensor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Body Worn Temperature Sensor Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Body Worn Temperature Sensor Market - Competitive Landscape |
10.1 Latvia Body Worn Temperature Sensor Market Revenue Share, By Companies, 2024 |
10.2 Latvia Body Worn Temperature Sensor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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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