| Product Code: ETC5560100 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s import of capacitive sensors in 2024 was primarily sourced from Germany, Poland, China, Lithuania, and Finland. Despite a negative CAGR of -2.85% from 2020 to 2024 and a further decline in growth rate of -11.95% from 2023 to 2024, the market remained relatively competitive with low concentration, as indicated by the Herfindahl-Hirschman Index (HHI). This suggests a diverse import market for capacitive sensors in Latvia, with opportunities for various suppliers to cater to the demand in the country.

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 Capacitive Sensor Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Capacitive Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Capacitive Sensor Market - Industry Life Cycle |
3.4 Latvia Capacitive Sensor Market - Porter's Five Forces |
3.5 Latvia Capacitive Sensor Market Revenues & Volume Share, By Sensor Type, 2021 & 2031F |
3.6 Latvia Capacitive Sensor Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Latvia Capacitive Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for touch-enabled devices and touchscreens |
4.2.2 Growing adoption of IoT devices and smart technologies |
4.2.3 Technological advancements in capacitive sensor technology |
4.3 Market Restraints |
4.3.1 High initial investment and implementation costs |
4.3.2 Competition from other sensor technologies like resistive sensors |
4.3.3 Limited awareness and understanding of capacitive sensor technology among end-users |
5 Latvia Capacitive Sensor Market Trends |
6 Latvia Capacitive Sensor Market Segmentations |
6.1 Latvia Capacitive Sensor Market, By Sensor Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Capacitive Sensor Market Revenues & Volume, By Touch Sensors, 2021-2031F |
6.1.3 Latvia Capacitive Sensor Market Revenues & Volume, By Motion Sensors, 2021-2031F |
6.1.4 Latvia Capacitive Sensor Market Revenues & Volume, By Position Sensors, 2021-2031F |
6.1.5 Latvia Capacitive Sensor Market Revenues & Volume, By Others (Capacitive Pressure And Level Sensors), 2021-2031F |
6.2 Latvia Capacitive Sensor Market, By Industry |
6.2.1 Overview and Analysis |
6.2.2 Latvia Capacitive Sensor Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.2.3 Latvia Capacitive Sensor Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.2.4 Latvia Capacitive Sensor Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.5 Latvia Capacitive Sensor Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.6 Latvia Capacitive Sensor Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.7 Latvia Capacitive Sensor Market Revenues & Volume, By Defense, 2021-2031F |
6.2.8 Latvia Capacitive Sensor Market Revenues & Volume, By Others (Entertainment, Retail, and Hospitality Industries), 2021-2031F |
6.2.9 Latvia Capacitive Sensor Market Revenues & Volume, By Others (Entertainment, Retail, and Hospitality Industries), 2021-2031F |
7 Latvia Capacitive Sensor Market Import-Export Trade Statistics |
7.1 Latvia Capacitive Sensor Market Export to Major Countries |
7.2 Latvia Capacitive Sensor Market Imports from Major Countries |
8 Latvia Capacitive Sensor Market Key Performance Indicators |
8.1 Average selling price (ASP) of capacitive sensors |
8.2 Number of new product launches and innovations in the capacitive sensor market |
8.3 Adoption rate of capacitive sensors in various industries or applications |
8.4 Number of partnerships or collaborations between sensor manufacturers and technology companies |
8.5 Rate of growth in the usage of capacitive sensors in consumer electronics or automotive sectors |
9 Latvia Capacitive Sensor Market - Opportunity Assessment |
9.1 Latvia Capacitive Sensor Market Opportunity Assessment, By Sensor Type, 2021 & 2031F |
9.2 Latvia Capacitive Sensor Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Latvia Capacitive Sensor Market - Competitive Landscape |
10.1 Latvia Capacitive Sensor Market Revenue Share, By Companies, 2024 |
10.2 Latvia Capacitive 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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