| Product Code: ETC11798965 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The market for carbon dioxide sensors in Latvia saw a significant increase in import shipments in 2024, with top exporters being China, Germany, Poland, Finland, and Estonia. The market concentration, as measured by the HHI, shifted from moderate to high in just one year, indicating a more competitive landscape. The impressive compound annual growth rate (CAGR) of 30.04% from 2020 to 2024 and a growth rate of 50.45% from 2023 to 2024 highlight the growing demand for carbon dioxide sensors in Latvia. This trend suggests a promising outlook for the industry 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 Carbon Dioxide Sensor Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Carbon Dioxide Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Carbon Dioxide Sensor Market - Industry Life Cycle |
3.4 Latvia Carbon Dioxide Sensor Market - Porter's Five Forces |
3.5 Latvia Carbon Dioxide Sensor Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Carbon Dioxide Sensor Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.7 Latvia Carbon Dioxide Sensor Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Carbon Dioxide Sensor Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Carbon Dioxide Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Carbon Dioxide Sensor Market Trends |
6 Latvia Carbon Dioxide Sensor Market, By Types |
6.1 Latvia Carbon Dioxide Sensor Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Carbon Dioxide Sensor Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Carbon Dioxide Sensor Market Revenues & Volume, By Non-Dispersive Infrared (NDIR) Sensors, 2021 - 2031F |
6.1.4 Latvia Carbon Dioxide Sensor Market Revenues & Volume, By Electrochemical Sensors, 2021 - 2031F |
6.1.5 Latvia Carbon Dioxide Sensor Market Revenues & Volume, By Photoacoustic Sensors, 2021 - 2031F |
6.1.6 Latvia Carbon Dioxide Sensor Market Revenues & Volume, By Thermal Conductivity Sensors, 2021 - 2031F |
6.2 Latvia Carbon Dioxide Sensor Market, By Technology Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Carbon Dioxide Sensor Market Revenues & Volume, By Optical Sensing Technology, 2021 - 2031F |
6.2.3 Latvia Carbon Dioxide Sensor Market Revenues & Volume, By Gas Diffusion-Based Sensors, 2021 - 2031F |
6.2.4 Latvia Carbon Dioxide Sensor Market Revenues & Volume, By Laser-Based Detection, 2021 - 2031F |
6.2.5 Latvia Carbon Dioxide Sensor Market Revenues & Volume, By High-Precision Gas Measurement, 2021 - 2031F |
6.3 Latvia Carbon Dioxide Sensor Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Carbon Dioxide Sensor Market Revenues & Volume, By Industrial Facilities, 2021 - 2031F |
6.3.3 Latvia Carbon Dioxide Sensor Market Revenues & Volume, By HVAC Manufacturers, 2021 - 2031F |
6.3.4 Latvia Carbon Dioxide Sensor Market Revenues & Volume, By Automotive Industry, 2021 - 2031F |
6.3.5 Latvia Carbon Dioxide Sensor Market Revenues & Volume, By Greenhouse Operators, 2021 - 2031F |
6.4 Latvia Carbon Dioxide Sensor Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Carbon Dioxide Sensor Market Revenues & Volume, By Air Quality Monitoring, 2021 - 2031F |
6.4.3 Latvia Carbon Dioxide Sensor Market Revenues & Volume, By Smart Building and Ventilation Systems, 2021 - 2031F |
6.4.4 Latvia Carbon Dioxide Sensor Market Revenues & Volume, By Vehicle Emission Monitoring and Safety, 2021 - 2031F |
6.4.5 Latvia Carbon Dioxide Sensor Market Revenues & Volume, By Agriculture and Climate Control, 2021 - 2031F |
7 Latvia Carbon Dioxide Sensor Market Import-Export Trade Statistics |
7.1 Latvia Carbon Dioxide Sensor Market Export to Major Countries |
7.2 Latvia Carbon Dioxide Sensor Market Imports from Major Countries |
8 Latvia Carbon Dioxide Sensor Market Key Performance Indicators |
9 Latvia Carbon Dioxide Sensor Market - Opportunity Assessment |
9.1 Latvia Carbon Dioxide Sensor Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Carbon Dioxide Sensor Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.3 Latvia Carbon Dioxide Sensor Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Carbon Dioxide Sensor Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Carbon Dioxide Sensor Market - Competitive Landscape |
10.1 Latvia Carbon Dioxide Sensor Market Revenue Share, By Companies, 2024 |
10.2 Latvia Carbon Dioxide 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.
To discover high-growth global markets and optimize your business strategy:
Click Here