| Product Code: ETC7908021 | 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 |
The import shipments of combat support vehicles to Latvia in 2024 were primarily sourced from top exporting countries including Finland, Areas, nes, UK, USA, and Germany. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained very high in 2024, indicating a significant level of dominance by these key exporting nations. The impressive compound annual growth rate (CAGR) of 40.1% from 2020 to 2024 highlights the robust expansion of the market, with a notable growth rate of 44.54% from 2023 to 2024, signaling a continued upward trajectory in the importation of combat support vehicles.

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 Combat Support Vehicle Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Combat Support Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Combat Support Vehicle Market - Industry Life Cycle |
3.4 Latvia Combat Support Vehicle Market - Porter's Five Forces |
3.5 Latvia Combat Support Vehicle Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Combat Support Vehicle Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Combat Support Vehicle Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.8 Latvia Combat Support Vehicle Market Revenues & Volume Share, By Medium, 2021 & 2031F |
4 Latvia Combat Support Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Modernization of Latvian Armed Forces leading to the procurement of advanced combat support vehicles |
4.2.2 Increasing focus on enhancing military capabilities and readiness |
4.2.3 Rising defense budget allocation for the acquisition of combat support vehicles |
4.3 Market Restraints |
4.3.1 Budget constraints impacting the procurement of combat support vehicles |
4.3.2 Technological complexities and high maintenance costs associated with advanced combat support vehicles |
5 Latvia Combat Support Vehicle Market Trends |
6 Latvia Combat Support Vehicle Market, By Types |
6.1 Latvia Combat Support Vehicle Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Combat Support Vehicle Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Combat Support Vehicle Market Revenues & Volume, By Armored Combat Support Vehicles, 2021- 2031F |
6.1.4 Latvia Combat Support Vehicle Market Revenues & Volume, By Unarmored Combat Support Vehicles, 2021- 2031F |
6.2 Latvia Combat Support Vehicle Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Combat Support Vehicle Market Revenues & Volume, By Surveillance and Reconnaissance, 2021- 2031F |
6.2.3 Latvia Combat Support Vehicle Market Revenues & Volume, By Intelligence, 2021- 2031F |
6.2.4 Latvia Combat Support Vehicle Market Revenues & Volume, By Logistics Service, 2021- 2031F |
6.2.5 Latvia Combat Support Vehicle Market Revenues & Volume, By Firefighting, 2021- 2031F |
6.2.6 Latvia Combat Support Vehicle Market Revenues & Volume, By Communication, 2021- 2031F |
6.3 Latvia Combat Support Vehicle Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Combat Support Vehicle Market Revenues & Volume, By Small, 2021- 2031F |
6.4 Latvia Combat Support Vehicle Market, By Medium |
6.4.1 Overview and Analysis |
6.4.2 Latvia Combat Support Vehicle Market Revenues & Volume, By 6 and 8-Wheeled, 2021- 2031F |
7 Latvia Combat Support Vehicle Market Import-Export Trade Statistics |
7.1 Latvia Combat Support Vehicle Market Export to Major Countries |
7.2 Latvia Combat Support Vehicle Market Imports from Major Countries |
8 Latvia Combat Support Vehicle Market Key Performance Indicators |
8.1 Average age of combat support vehicle fleet in Latvia |
8.2 Percentage of defense budget allocated for combat support vehicle procurement |
8.3 Number of contracts awarded for combat support vehicle acquisitions |
8.4 Rate of adoption of new technologies in combat support vehicles |
8.5 Training hours dedicated to combat support vehicle operations and maintenance |
9 Latvia Combat Support Vehicle Market - Opportunity Assessment |
9.1 Latvia Combat Support Vehicle Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Combat Support Vehicle Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Combat Support Vehicle Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.4 Latvia Combat Support Vehicle Market Opportunity Assessment, By Medium, 2021 & 2031F |
10 Latvia Combat Support Vehicle Market - Competitive Landscape |
10.1 Latvia Combat Support Vehicle Market Revenue Share, By Companies, 2024 |
10.2 Latvia Combat Support Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |