| Product Code: ETC5173488 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s clamp meter import market saw steady growth in 2024, with top exporters being Germany, Hungary, USA, Lithuania, and Poland. The market remained fairly competitive with low concentration, indicating a diverse range of suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 was a healthy 5.91%, and the growth rate from 2023 to 2024 spiked at 7.72%, suggesting increasing demand for clamp meters in Latvia. Overall, the import market for clamp meters in Latvia is showing positive trends and opportunities for further expansion.

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 Clamp Meter Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Clamp Meter Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Clamp Meter Market - Industry Life Cycle |
3.4 Latvia Clamp Meter Market - Porter's Five Forces |
3.5 Latvia Clamp Meter Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Clamp Meter Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Clamp Meter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy efficiency solutions in industries and households |
4.2.2 Growing adoption of clamp meters in the electrical and electronics sector |
4.2.3 Technological advancements leading to the development of more accurate and efficient clamp meters |
4.3 Market Restraints |
4.3.1 High initial cost of clamp meters impacting adoption rates |
4.3.2 Lack of awareness about the benefits and applications of clamp meters among end-users |
4.3.3 Regulatory challenges and standards compliance requirements affecting market growth |
5 Latvia Clamp Meter Market Trends |
6 Latvia Clamp Meter Market Segmentations |
6.1 Latvia Clamp Meter Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Clamp Meter Market Revenues & Volume, By Current transformer (AC) clamp meters, 2021-2031F |
6.1.3 Latvia Clamp Meter Market Revenues & Volume, By Hall effect (AC/DC) clamp meters, 2021-2031F |
6.1.4 Latvia Clamp Meter Market Revenues & Volume, By Flexible (AC) clamp meters, 2021-2031F |
6.2 Latvia Clamp Meter Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Clamp Meter Market Revenues & Volume, By Industrial equipment, 2021-2031F |
6.2.3 Latvia Clamp Meter Market Revenues & Volume, By Industrial controls, 2021-2031F |
6.2.4 Latvia Clamp Meter Market Revenues & Volume, By Electrical systems, 2021-2031F |
6.2.5 Latvia Clamp Meter Market Revenues & Volume, By Other commercial, 2021-2031F |
7 Latvia Clamp Meter Market Import-Export Trade Statistics |
7.1 Latvia Clamp Meter Market Export to Major Countries |
7.2 Latvia Clamp Meter Market Imports from Major Countries |
8 Latvia Clamp Meter Market Key Performance Indicators |
8.1 Average time taken for a clamp meter to detect electrical faults |
8.2 Percentage increase in the adoption of digital clamp meters over analog ones |
8.3 Number of new features or functionalities introduced in clamp meters each year |
9 Latvia Clamp Meter Market - Opportunity Assessment |
9.1 Latvia Clamp Meter Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Clamp Meter Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Clamp Meter Market - Competitive Landscape |
10.1 Latvia Clamp Meter Market Revenue Share, By Companies, 2024 |
10.2 Latvia Clamp Meter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |