| Product Code: ETC7906412 | 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`s import of brass solenoid valves in 2024 saw a steady growth rate of 2.15% from the previous year, with a Compound Annual Growth Rate (CAGR) of 2.65% from 2020 to 2024. The top exporting countries to Latvia in this sector were Finland, Poland, Germany, Lithuania, and Italy. Despite the low concentration levels in 2023, the Herfindahl-Hirschman Index (HHI) for these imports remained at a low level in 2024, indicating a diverse and competitive market landscape for brass solenoid valves 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 Brass Solenoid Valves Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Brass Solenoid Valves Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Brass Solenoid Valves Market - Industry Life Cycle |
3.4 Latvia Brass Solenoid Valves Market - Porter's Five Forces |
3.5 Latvia Brass Solenoid Valves Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Brass Solenoid Valves Market Revenues & Volume Share, By Operating Type, 2021 & 2031F |
3.7 Latvia Brass Solenoid Valves Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Brass Solenoid Valves Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrial automation in Latvia leading to higher demand for brass solenoid valves |
4.2.2 Growing focus on energy efficiency and sustainability driving the adoption of brass solenoid valves |
4.2.3 Technological advancements improving the performance and reliability of brass solenoid valves |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the manufacturing cost of brass solenoid valves |
4.3.2 Intense competition from alternative valve technologies affecting market penetration |
4.3.3 Economic uncertainties and political instability impacting investment decisions in industrial sectors |
5 Latvia Brass Solenoid Valves Market Trends |
6 Latvia Brass Solenoid Valves Market, By Types |
6.1 Latvia Brass Solenoid Valves Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Brass Solenoid Valves Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Brass Solenoid Valves Market Revenues & Volume, By 2 Way, 2021- 2031F |
6.1.4 Latvia Brass Solenoid Valves Market Revenues & Volume, By 3 Way, 2021- 2031F |
6.1.5 Latvia Brass Solenoid Valves Market Revenues & Volume, By 4 Way, 2021- 2031F |
6.1.6 Latvia Brass Solenoid Valves Market Revenues & Volume, By 5 Way, 2021- 2031F |
6.2 Latvia Brass Solenoid Valves Market, By Operating Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Brass Solenoid Valves Market Revenues & Volume, By Direct, 2021- 2031F |
6.2.3 Latvia Brass Solenoid Valves Market Revenues & Volume, By Semi-Direct, 2021- 2031F |
6.2.4 Latvia Brass Solenoid Valves Market Revenues & Volume, By Indirect, 2021- 2031F |
6.3 Latvia Brass Solenoid Valves Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Brass Solenoid Valves Market Revenues & Volume, By Chemical and Petrochemical, 2021- 2031F |
6.3.3 Latvia Brass Solenoid Valves Market Revenues & Volume, By Water and Wastewater, 2021- 2031F |
6.3.4 Latvia Brass Solenoid Valves Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.5 Latvia Brass Solenoid Valves Market Revenues & Volume, By Medical, 2021- 2031F |
6.3.6 Latvia Brass Solenoid Valves Market Revenues & Volume, By Pharmaceutical, 2021- 2031F |
6.3.7 Latvia Brass Solenoid Valves Market Revenues & Volume, By Power Generation, 2021- 2031F |
7 Latvia Brass Solenoid Valves Market Import-Export Trade Statistics |
7.1 Latvia Brass Solenoid Valves Market Export to Major Countries |
7.2 Latvia Brass Solenoid Valves Market Imports from Major Countries |
8 Latvia Brass Solenoid Valves Market Key Performance Indicators |
8.1 Percentage increase in the adoption of brass solenoid valves in key industries |
8.2 Average lifespan of brass solenoid valves in operation |
8.3 Number of patents filed for new technologies in brass solenoid valves |
8.4 Percentage of manufacturers offering smart/integrated brass solenoid valve solutions |
8.5 Rate of adoption of Industry 4.0 technologies in manufacturing processes of brass solenoid valves |
9 Latvia Brass Solenoid Valves Market - Opportunity Assessment |
9.1 Latvia Brass Solenoid Valves Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Brass Solenoid Valves Market Opportunity Assessment, By Operating Type, 2021 & 2031F |
9.3 Latvia Brass Solenoid Valves Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Brass Solenoid Valves Market - Competitive Landscape |
10.1 Latvia Brass Solenoid Valves Market Revenue Share, By Companies, 2024 |
10.2 Latvia Brass Solenoid Valves Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |