| Product Code: ETC11506165 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Latvia`s commercial aerospace import shipments in 2024 continued to be dominated by countries like the USA, Austria, Lithuania, Afghanistan, and Australia. Despite a challenging CAGR of -3.96% from 2020 to 2024, the industry saw a remarkable growth rate of 564.14% in 2024 alone. The high Herfindahl-Hirschman Index (HHI) indicates a significant market concentration, highlighting the strong presence of key players in the Latvian aerospace import market. This data suggests both challenges and opportunities for stakeholders in the industry to navigate 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 Commercial Aerospace Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Commercial Aerospace Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Commercial Aerospace Market - Industry Life Cycle |
3.4 Latvia Commercial Aerospace Market - Porter's Five Forces |
3.5 Latvia Commercial Aerospace Market Revenues & Volume Share, By Aircraft Type, 2021 & 2031F |
3.6 Latvia Commercial Aerospace Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Latvia Commercial Aerospace Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Commercial Aerospace Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Latvia Commercial Aerospace Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Latvia Commercial Aerospace Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for air travel and tourism in Latvia |
4.2.2 Government investments in the aerospace industry |
4.2.3 Growth in the global aerospace market leading to opportunities for Latvian companies |
4.3 Market Restraints |
4.3.1 High competition from established aerospace companies in other countries |
4.3.2 Regulatory challenges and compliance requirements |
4.3.3 Dependence on imported technology and components |
5 Latvia Commercial Aerospace Market Trends |
6 Latvia Commercial Aerospace Market, By Types |
6.1 Latvia Commercial Aerospace Market, By Aircraft Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Commercial Aerospace Market Revenues & Volume, By Aircraft Type, 2021 - 2031F |
6.1.3 Latvia Commercial Aerospace Market Revenues & Volume, By Narrow-Body, 2021 - 2031F |
6.1.4 Latvia Commercial Aerospace Market Revenues & Volume, By Wide-Body, 2021 - 2031F |
6.1.5 Latvia Commercial Aerospace Market Revenues & Volume, By Regional Jets, 2021 - 2031F |
6.1.6 Latvia Commercial Aerospace Market Revenues & Volume, By Business Jets, 2021 - 2031F |
6.2 Latvia Commercial Aerospace Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Latvia Commercial Aerospace Market Revenues & Volume, By Engines, 2021 - 2031F |
6.2.3 Latvia Commercial Aerospace Market Revenues & Volume, By Avionics, 2021 - 2031F |
6.2.4 Latvia Commercial Aerospace Market Revenues & Volume, By Airframes, 2021 - 2031F |
6.2.5 Latvia Commercial Aerospace Market Revenues & Volume, By Landing Gear, 2021 - 2031F |
6.3 Latvia Commercial Aerospace Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Commercial Aerospace Market Revenues & Volume, By Passenger Transport, 2021 - 2031F |
6.3.3 Latvia Commercial Aerospace Market Revenues & Volume, By Cargo Transport, 2021 - 2031F |
6.3.4 Latvia Commercial Aerospace Market Revenues & Volume, By Business Travel, 2021 - 2031F |
6.3.5 Latvia Commercial Aerospace Market Revenues & Volume, By Military Contracts, 2021 - 2031F |
6.4 Latvia Commercial Aerospace Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Latvia Commercial Aerospace Market Revenues & Volume, By Airlines, 2021 - 2031F |
6.4.3 Latvia Commercial Aerospace Market Revenues & Volume, By Leasing Companies, 2021 - 2031F |
6.4.4 Latvia Commercial Aerospace Market Revenues & Volume, By Government, 2021 - 2031F |
6.4.5 Latvia Commercial Aerospace Market Revenues & Volume, By Charter Services, 2021 - 2031F |
6.5 Latvia Commercial Aerospace Market, By Manufacturing Process |
6.5.1 Overview and Analysis |
6.5.2 Latvia Commercial Aerospace Market Revenues & Volume, By 3D Printing, 2021 - 2031F |
6.5.3 Latvia Commercial Aerospace Market Revenues & Volume, By CNC Machining, 2021 - 2031F |
6.5.4 Latvia Commercial Aerospace Market Revenues & Volume, By Composite Materials, 2021 - 2031F |
6.5.5 Latvia Commercial Aerospace Market Revenues & Volume, By AI-Based Design, 2021 - 2031F |
7 Latvia Commercial Aerospace Market Import-Export Trade Statistics |
7.1 Latvia Commercial Aerospace Market Export to Major Countries |
7.2 Latvia Commercial Aerospace Market Imports from Major Countries |
8 Latvia Commercial Aerospace Market Key Performance Indicators |
8.1 Research and development (RD) investment in aerospace technologies |
8.2 Number of aerospace partnerships and collaborations |
8.3 Rate of technology adoption and innovation in the Latvian aerospace industry |
9 Latvia Commercial Aerospace Market - Opportunity Assessment |
9.1 Latvia Commercial Aerospace Market Opportunity Assessment, By Aircraft Type, 2021 & 2031F |
9.2 Latvia Commercial Aerospace Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Latvia Commercial Aerospace Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Commercial Aerospace Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Latvia Commercial Aerospace Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Latvia Commercial Aerospace Market - Competitive Landscape |
10.1 Latvia Commercial Aerospace Market Revenue Share, By Companies, 2024 |
10.2 Latvia Commercial Aerospace Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |