| Product Code: ETC7907479 | 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 |
In 2024, Latvia continued to see a steady flow of chip mounter imports, with top exporting countries including Germany, Lithuania, China, Poland, and Estonia. The market remained competitive with low concentration levels, indicating a diverse range of suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 7.69%, showcasing sustained market expansion. Although the growth rate from 2023 to 2024 was modest at 0.19%, the overall trend indicates a stable and growing demand for chip mounting equipment 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 Chip Mounter Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Chip Mounter Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Chip Mounter Market - Industry Life Cycle |
3.4 Latvia Chip Mounter Market - Porter's Five Forces |
3.5 Latvia Chip Mounter Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Latvia Chip Mounter Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Chip Mounter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Chip Mounter Market Trends |
6 Latvia Chip Mounter Market, By Types |
6.1 Latvia Chip Mounter Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Latvia Chip Mounter Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Latvia Chip Mounter Market Revenues & Volume, By Hole Technology, 2021- 2031F |
6.1.4 Latvia Chip Mounter Market Revenues & Volume, By Surface Mount Technology, 2021- 2031F |
6.1.5 Latvia Chip Mounter Market Revenues & Volume, By Fine Pitch Technology, 2021- 2031F |
6.2 Latvia Chip Mounter Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Chip Mounter Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.2.3 Latvia Chip Mounter Market Revenues & Volume, By Medical, 2021- 2031F |
6.2.4 Latvia Chip Mounter Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.5 Latvia Chip Mounter Market Revenues & Volume, By Telecommunication, 2021- 2031F |
6.2.6 Latvia Chip Mounter Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Chip Mounter Market Import-Export Trade Statistics |
7.1 Latvia Chip Mounter Market Export to Major Countries |
7.2 Latvia Chip Mounter Market Imports from Major Countries |
8 Latvia Chip Mounter Market Key Performance Indicators |
9 Latvia Chip Mounter Market - Opportunity Assessment |
9.1 Latvia Chip Mounter Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Latvia Chip Mounter Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Chip Mounter Market - Competitive Landscape |
10.1 Latvia Chip Mounter Market Revenue Share, By Companies, 2024 |
10.2 Latvia Chip Mounter 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