| Product Code: ETC7908097 | 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 |
In 2024, Latvia saw a steady increase in commercial HVAC rooftop units import shipments, with top exporting countries including China, Lithuania, Sweden, Estonia, and Belgium. The market has maintained moderate concentration levels, indicating a healthy level of competition. With a strong compound annual growth rate (CAGR) of 13.43% from 2020 to 2024, the industry is showing promising growth potential. Despite a slight dip in the growth rate from 2023 to 2024 at 1.02%, the overall trend suggests a positive outlook for the commercial HVAC rooftop units market 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 Commercial HVAC Rooftop Units Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Commercial HVAC Rooftop Units Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Commercial HVAC Rooftop Units Market - Industry Life Cycle |
3.4 Latvia Commercial HVAC Rooftop Units Market - Porter's Five Forces |
3.5 Latvia Commercial HVAC Rooftop Units Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.6 Latvia Commercial HVAC Rooftop Units Market Revenues & Volume Share, By SEER, 2021 & 2031F |
3.7 Latvia Commercial HVAC Rooftop Units Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.8 Latvia Commercial HVAC Rooftop Units Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Commercial HVAC Rooftop Units Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient HVAC systems in commercial buildings |
4.2.2 Growing construction activities in the commercial sector in Latvia |
4.2.3 Government initiatives promoting the adoption of sustainable HVAC solutions |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with installing commercial HVAC rooftop units |
4.3.2 Fluctuating raw material prices affecting the manufacturing costs of HVAC units |
4.3.3 Slowdown in the commercial real estate sector impacting new installations |
5 Latvia Commercial HVAC Rooftop Units Market Trends |
6 Latvia Commercial HVAC Rooftop Units Market, By Types |
6.1 Latvia Commercial HVAC Rooftop Units Market, By Capacity |
6.1.1 Overview and Analysis |
6.1.2 Latvia Commercial HVAC Rooftop Units Market Revenues & Volume, By Capacity, 2021- 2031F |
6.1.3 Latvia Commercial HVAC Rooftop Units Market Revenues & Volume, By 5-7 Ton, 2021- 2031F |
6.1.4 Latvia Commercial HVAC Rooftop Units Market Revenues & Volume, By 7-10 Ton, 2021- 2031F |
6.1.5 Latvia Commercial HVAC Rooftop Units Market Revenues & Volume, By 10-15 Ton, 2021- 2031F |
6.2 Latvia Commercial HVAC Rooftop Units Market, By SEER |
6.2.1 Overview and Analysis |
6.2.2 Latvia Commercial HVAC Rooftop Units Market Revenues & Volume, By Less than 14 SEER, 2021- 2031F |
6.2.3 Latvia Commercial HVAC Rooftop Units Market Revenues & Volume, By 14-19 SEER, 2021- 2031F |
6.2.4 Latvia Commercial HVAC Rooftop Units Market Revenues & Volume, By Above 19 SEER, 2021- 2031F |
6.3 Latvia Commercial HVAC Rooftop Units Market, By Product Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Commercial HVAC Rooftop Units Market Revenues & Volume, By Conventional HVAC Rooftop Units, 2021- 2031F |
6.3.3 Latvia Commercial HVAC Rooftop Units Market Revenues & Volume, By VRF HVAC Rooftop Units, 2021- 2031F |
6.4 Latvia Commercial HVAC Rooftop Units Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Commercial HVAC Rooftop Units Market Revenues & Volume, By Supermarkets & Hypermarkets, 2021- 2031F |
6.4.3 Latvia Commercial HVAC Rooftop Units Market Revenues & Volume, By Retail Stores, 2021- 2031F |
6.4.4 Latvia Commercial HVAC Rooftop Units Market Revenues & Volume, By Restaurants, 2021- 2031F |
6.4.5 Latvia Commercial HVAC Rooftop Units Market Revenues & Volume, By Workspaces, 2021- 2031F |
6.4.6 Latvia Commercial HVAC Rooftop Units Market Revenues & Volume, By Shopping Malls, 2021- 2031F |
6.4.7 Latvia Commercial HVAC Rooftop Units Market Revenues & Volume, By Other Commercial Applications, 2021- 2031F |
7 Latvia Commercial HVAC Rooftop Units Market Import-Export Trade Statistics |
7.1 Latvia Commercial HVAC Rooftop Units Market Export to Major Countries |
7.2 Latvia Commercial HVAC Rooftop Units Market Imports from Major Countries |
8 Latvia Commercial HVAC Rooftop Units Market Key Performance Indicators |
8.1 Energy efficiency ratings of installed commercial HVAC rooftop units |
8.2 Number of new commercial construction projects incorporating rooftop HVAC units |
8.3 Adoption rate of eco-friendly refrigerants in commercial HVAC systems |
8.4 Average lifespan of commercial HVAC rooftop units |
8.5 Percentage of HVAC maintenance contracts renewed annually |
9 Latvia Commercial HVAC Rooftop Units Market - Opportunity Assessment |
9.1 Latvia Commercial HVAC Rooftop Units Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.2 Latvia Commercial HVAC Rooftop Units Market Opportunity Assessment, By SEER, 2021 & 2031F |
9.3 Latvia Commercial HVAC Rooftop Units Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.4 Latvia Commercial HVAC Rooftop Units Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Commercial HVAC Rooftop Units Market - Competitive Landscape |
10.1 Latvia Commercial HVAC Rooftop Units Market Revenue Share, By Companies, 2024 |
10.2 Latvia Commercial HVAC Rooftop Units Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |