Latvia Computer-Aided Manufacturing Market (2025-2031) | Growth, Value, Revenue, Segmentation, Forecast, Trends, Analysis, Companies, Outlook, Size, Industry & Share

Market Forecast By Component (Solution, Services, Training and education, Support and maintenance), By Industry Vertical (Automotive, Aerospace and Defense, Industrial Equipment, High Tech, Medical Devices and Component, Energy and Utilities, Others), By Deployment Type (On-Premises, Cloud), By Organization Size (Large enterprises, SMEs) And Competitive Landscape
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 Computer-aided Manufacturing Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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.

Latvia Computer-aided Manufacturing Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia Computer-Aided Manufacturing Market Outlook
  • Market Size of Latvia Computer-Aided Manufacturing Market, 2024
  • Forecast of Latvia Computer-Aided Manufacturing Market, 2031
  • Historical Data and Forecast of Latvia Computer-Aided Manufacturing Revenues & Volume for the Period 2021-2031
  • Latvia Computer-Aided Manufacturing Market Trend Evolution
  • Latvia Computer-Aided Manufacturing Market Drivers and Challenges
  • Latvia Computer-Aided Manufacturing Price Trends
  • Latvia Computer-Aided Manufacturing Porter`s Five Forces
  • Latvia Computer-Aided Manufacturing Industry Life Cycle
  • Historical Data and Forecast of Latvia Computer-Aided Manufacturing Market Revenues & Volume By Component for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer-Aided Manufacturing Market Revenues & Volume By Solution for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer-Aided Manufacturing Market Revenues & Volume By Services for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer-Aided Manufacturing Market Revenues & Volume By Training and education for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer-Aided Manufacturing Market Revenues & Volume By Support and maintenance for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer-Aided Manufacturing Market Revenues & Volume By Industry Vertical for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer-Aided Manufacturing Market Revenues & Volume By Automotive for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer-Aided Manufacturing Market Revenues & Volume By Aerospace and Defense for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer-Aided Manufacturing Market Revenues & Volume By Industrial Equipment for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer-Aided Manufacturing Market Revenues & Volume By High Tech for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer-Aided Manufacturing Market Revenues & Volume By Medical Devices and Component for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer-Aided Manufacturing Market Revenues & Volume By Energy and Utilities for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer-Aided Manufacturing Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer-Aided Manufacturing Market Revenues & Volume By Deployment Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer-Aided Manufacturing Market Revenues & Volume By On-Premises for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer-Aided Manufacturing Market Revenues & Volume By Cloud for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer-Aided Manufacturing Market Revenues & Volume By Organization Size for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer-Aided Manufacturing Market Revenues & Volume By Large enterprises for the Period 2021-2031
  • Historical Data and Forecast of Latvia Computer-Aided Manufacturing Market Revenues & Volume By SMEs for the Period 2021-2031
  • Latvia Computer-Aided Manufacturing Import Export Trade Statistics
  • Market Opportunity Assessment By Component
  • Market Opportunity Assessment By Industry Vertical
  • Market Opportunity Assessment By Deployment Type
  • Market Opportunity Assessment By Organization Size
  • Latvia Computer-Aided Manufacturing Top Companies Market Share
  • Latvia Computer-Aided Manufacturing Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Computer-Aided Manufacturing Company Profiles
  • Latvia Computer-Aided Manufacturing Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Computer-Aided Manufacturing Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Computer-Aided Manufacturing Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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

Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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