| Product Code: ETC5487881 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s computer-aided manufacturing import shipments in 2024 continued to be dominated by key exporters such as Germany, Italy, Denmark, China, and Lithuania. The market concentration, as measured by the HHI, significantly increased from 2023 to 2024, indicating a very high level of concentration among these top exporting countries. Despite the negative compound annual growth rate (CAGR) of -5.79% from 2020 to 2024, the growth rate from 2023 to 2024 saw a steep decline of -28.36%. This highlights a challenging environment for the computer-aided manufacturing sector in Latvia, possibly influenced by global economic factors.

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 Computer-Aided Manufacturing Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Computer-Aided Manufacturing Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Computer-Aided Manufacturing Market - Industry Life Cycle |
3.4 Latvia Computer-Aided Manufacturing Market - Porter's Five Forces |
3.5 Latvia Computer-Aided Manufacturing Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Latvia Computer-Aided Manufacturing Market Revenues & Volume Share, By Industry Vertical , 2021 & 2031F |
3.7 Latvia Computer-Aided Manufacturing Market Revenues & Volume Share, By Deployment Type, 2021 & 2031F |
3.8 Latvia Computer-Aided Manufacturing Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 Latvia Computer-Aided Manufacturing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automation and efficiency in manufacturing processes |
4.2.2 Technological advancements in computer-aided manufacturing software and hardware |
4.2.3 Government initiatives to promote the adoption of advanced manufacturing technologies |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with implementing computer-aided manufacturing systems |
4.3.2 Lack of skilled workforce to operate and maintain computer-aided manufacturing systems |
4.3.3 Security concerns related to data privacy and intellectual property protection |
5 Latvia Computer-Aided Manufacturing Market Trends |
6 Latvia Computer-Aided Manufacturing Market Segmentations |
6.1 Latvia Computer-Aided Manufacturing Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Latvia Computer-Aided Manufacturing Market Revenues & Volume, By Solution, 2021-2031F |
6.1.3 Latvia Computer-Aided Manufacturing Market Revenues & Volume, By Services, 2021-2031F |
6.1.4 Latvia Computer-Aided Manufacturing Market Revenues & Volume, By Training and education, 2021-2031F |
6.1.5 Latvia Computer-Aided Manufacturing Market Revenues & Volume, By Support and maintenance, 2021-2031F |
6.2 Latvia Computer-Aided Manufacturing Market, By Industry Vertical |
6.2.1 Overview and Analysis |
6.2.2 Latvia Computer-Aided Manufacturing Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Latvia Computer-Aided Manufacturing Market Revenues & Volume, By Aerospace and Defense, 2021-2031F |
6.2.4 Latvia Computer-Aided Manufacturing Market Revenues & Volume, By Industrial Equipment, 2021-2031F |
6.2.5 Latvia Computer-Aided Manufacturing Market Revenues & Volume, By High Tech, 2021-2031F |
6.2.6 Latvia Computer-Aided Manufacturing Market Revenues & Volume, By Medical Devices and Component, 2021-2031F |
6.2.7 Latvia Computer-Aided Manufacturing Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.3 Latvia Computer-Aided Manufacturing Market, By Deployment Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Computer-Aided Manufacturing Market Revenues & Volume, By On-Premises, 2021-2031F |
6.3.3 Latvia Computer-Aided Manufacturing Market Revenues & Volume, By Cloud, 2021-2031F |
6.4 Latvia Computer-Aided Manufacturing Market, By Organization Size |
6.4.1 Overview and Analysis |
6.4.2 Latvia Computer-Aided Manufacturing Market Revenues & Volume, By Large enterprises, 2021-2031F |
6.4.3 Latvia Computer-Aided Manufacturing Market Revenues & Volume, By SMEs, 2021-2031F |
7 Latvia Computer-Aided Manufacturing Market Import-Export Trade Statistics |
7.1 Latvia Computer-Aided Manufacturing Market Export to Major Countries |
7.2 Latvia Computer-Aided Manufacturing Market Imports from Major Countries |
8 Latvia Computer-Aided Manufacturing Market Key Performance Indicators |
8.1 Overall equipment efficiency (OEE) to measure the productivity and utilization of manufacturing equipment |
8.2 Percentage of manufacturing processes automated to assess the level of automation in the manufacturing operations |
8.3 Rate of adoption of computer-aided manufacturing technologies within the industry |
9 Latvia Computer-Aided Manufacturing Market - Opportunity Assessment |
9.1 Latvia Computer-Aided Manufacturing Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Latvia Computer-Aided Manufacturing Market Opportunity Assessment, By Industry Vertical , 2021 & 2031F |
9.3 Latvia Computer-Aided Manufacturing Market Opportunity Assessment, By Deployment Type, 2021 & 2031F |
9.4 Latvia Computer-Aided Manufacturing Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10 Latvia Computer-Aided Manufacturing Market - Competitive Landscape |
10.1 Latvia Computer-Aided Manufacturing Market Revenue Share, By Companies, 2024 |
10.2 Latvia Computer-Aided Manufacturing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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