| Product Code: ETC7908098 | 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 commercial heating equipment import market in Latvia saw a shift in concentration levels from high to moderate in 2024, with top exporting countries being Poland, Germany, Azerbaijan, Czechia, and Lithuania. Despite a challenging CAGR of -9.08% from 2020 to 2024, the growth rate in 2024 improved significantly by -53.8% compared to the previous year. This indicates potential opportunities for market recovery and expansion in the coming years, as Latvia continues to rely on imports for its commercial heating equipment needs.

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 Heating Equipment Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Commercial Heating Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Commercial Heating Equipment Market - Industry Life Cycle |
3.4 Latvia Commercial Heating Equipment Market - Porter's Five Forces |
3.5 Latvia Commercial Heating Equipment Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Commercial Heating Equipment Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.7 Latvia Commercial Heating Equipment Market Revenues & Volume Share, By Building Floorspace, 2021 & 2031F |
4 Latvia Commercial Heating Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient heating solutions in commercial buildings |
4.2.2 Government initiatives promoting the adoption of sustainable heating technologies |
4.2.3 Growth in the construction sector leading to higher demand for heating equipment |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with installing commercial heating equipment |
4.3.2 Fluctuating raw material prices impacting the manufacturing cost of heating equipment |
4.3.3 Regulatory challenges and compliance requirements in the heating equipment industry |
5 Latvia Commercial Heating Equipment Market Trends |
6 Latvia Commercial Heating Equipment Market, By Types |
6.1 Latvia Commercial Heating Equipment Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Commercial Heating Equipment Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Commercial Heating Equipment Market Revenues & Volume, By Heat Pump, 2021- 2031F |
6.1.4 Latvia Commercial Heating Equipment Market Revenues & Volume, By Furnace, 2021- 2031F |
6.1.5 Latvia Commercial Heating Equipment Market Revenues & Volume, By Boiler, 2021- 2031F |
6.1.6 Latvia Commercial Heating Equipment Market Revenues & Volume, By Unitary Heaters, 2021- 2031F |
6.2 Latvia Commercial Heating Equipment Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Latvia Commercial Heating Equipment Market Revenues & Volume, By Retail Shops, 2021- 2031F |
6.2.3 Latvia Commercial Heating Equipment Market Revenues & Volume, By Offices, 2021- 2031F |
6.2.4 Latvia Commercial Heating Equipment Market Revenues & Volume, By Healthcare Facilities, 2021- 2031F |
6.2.5 Latvia Commercial Heating Equipment Market Revenues & Volume, By Hospitality, 2021- 2031F |
6.2.6 Latvia Commercial Heating Equipment Market Revenues & Volume, By Schools & Educational, 2021- 2031F |
6.2.7 Latvia Commercial Heating Equipment Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Commercial Heating Equipment Market, By Building Floorspace |
6.3.1 Overview and Analysis |
6.3.2 Latvia Commercial Heating Equipment Market Revenues & Volume, By Up to 5,000 sq. ft., 2021- 2031F |
6.3.3 Latvia Commercial Heating Equipment Market Revenues & Volume, By 5,001 to 10,000 sq. ft, 2021- 2031F |
6.3.4 Latvia Commercial Heating Equipment Market Revenues & Volume, By 10,001 to 25,000 sq. ft, 2021- 2031F |
6.3.5 Latvia Commercial Heating Equipment Market Revenues & Volume, By 25,001 to 50,000 sq. ft, 2021- 2031F |
6.3.6 Latvia Commercial Heating Equipment Market Revenues & Volume, By 50,001 to 100,000 sq. ft, 2021- 2031F |
6.3.7 Latvia Commercial Heating Equipment Market Revenues & Volume, By above 100,000 sq. ft, 2021- 2031F |
7 Latvia Commercial Heating Equipment Market Import-Export Trade Statistics |
7.1 Latvia Commercial Heating Equipment Market Export to Major Countries |
7.2 Latvia Commercial Heating Equipment Market Imports from Major Countries |
8 Latvia Commercial Heating Equipment Market Key Performance Indicators |
8.1 Energy efficiency rating of commercial heating equipment |
8.2 Adoption rate of sustainable heating technologies in commercial buildings |
8.3 Number of new construction projects utilizing advanced heating solutions |
8.4 Customer satisfaction ratings for commercial heating equipment services |
8.5 Percentage of commercial buildings compliant with heating equipment regulations |
9 Latvia Commercial Heating Equipment Market - Opportunity Assessment |
9.1 Latvia Commercial Heating Equipment Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Commercial Heating Equipment Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.3 Latvia Commercial Heating Equipment Market Opportunity Assessment, By Building Floorspace, 2021 & 2031F |
10 Latvia Commercial Heating Equipment Market - Competitive Landscape |
10.1 Latvia Commercial Heating Equipment Market Revenue Share, By Companies, 2024 |
10.2 Latvia Commercial Heating Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |