| Product Code: ETC7908319 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of connected street lighting in Latvia have seen significant growth in 2024, with top exporting countries including Germany, China, Poland, Denmark, and the Netherlands. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), has shifted from very low to low concentration, indicating a more diverse import market. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, the growth rate in 2024 alone has shown a remarkable increase of 18.41%, pointing towards a promising outlook for the connected street lighting sector 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 Connected (Smart) Street Lighting Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Connected (Smart) Street Lighting Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Connected (Smart) Street Lighting Market - Industry Life Cycle |
3.4 Latvia Connected (Smart) Street Lighting Market - Porter's Five Forces |
3.5 Latvia Connected (Smart) Street Lighting Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Latvia Connected (Smart) Street Lighting Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.7 Latvia Connected (Smart) Street Lighting Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.8 Latvia Connected (Smart) Street Lighting Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Latvia Connected (Smart) Street Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on energy efficiency and sustainability in Latvia |
4.2.2 Government initiatives promoting smart city infrastructure development |
4.2.3 Growing adoption of Internet of Things (IoT) technology in urban infrastructure |
4.3 Market Restraints |
4.3.1 High initial investment costs for implementing connected street lighting systems |
4.3.2 Concerns regarding data security and privacy in smart city applications |
5 Latvia Connected (Smart) Street Lighting Market Trends |
6 Latvia Connected (Smart) Street Lighting Market, By Types |
6.1 Latvia Connected (Smart) Street Lighting Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Latvia Connected (Smart) Street Lighting Market Revenues & Volume, By Component, 2021- 2031F |
6.1.3 Latvia Connected (Smart) Street Lighting Market Revenues & Volume, By Hardware, 2021- 2031F |
6.1.4 Latvia Connected (Smart) Street Lighting Market Revenues & Volume, By Software, 2021- 2031F |
6.1.5 Latvia Connected (Smart) Street Lighting Market Revenues & Volume, By Services, 2021- 2031F |
6.2 Latvia Connected (Smart) Street Lighting Market, By Connectivity |
6.2.1 Overview and Analysis |
6.2.2 Latvia Connected (Smart) Street Lighting Market Revenues & Volume, By Wired, 2021- 2031F |
6.2.3 Latvia Connected (Smart) Street Lighting Market Revenues & Volume, By Wireless, 2021- 2031F |
6.3 Latvia Connected (Smart) Street Lighting Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Connected (Smart) Street Lighting Market Revenues & Volume, By Direct, 2021- 2031F |
6.3.3 Latvia Connected (Smart) Street Lighting Market Revenues & Volume, By Indirect, 2021- 2031F |
6.4 Latvia Connected (Smart) Street Lighting Market, By End-use Industry |
6.4.1 Overview and Analysis |
6.4.2 Latvia Connected (Smart) Street Lighting Market Revenues & Volume, By Government, 2021- 2031F |
6.4.3 Latvia Connected (Smart) Street Lighting Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4.4 Latvia Connected (Smart) Street Lighting Market Revenues & Volume, By Industrial, 2021- 2031F |
6.4.5 Latvia Connected (Smart) Street Lighting Market Revenues & Volume, By Residential, 2021- 2031F |
7 Latvia Connected (Smart) Street Lighting Market Import-Export Trade Statistics |
7.1 Latvia Connected (Smart) Street Lighting Market Export to Major Countries |
7.2 Latvia Connected (Smart) Street Lighting Market Imports from Major Countries |
8 Latvia Connected (Smart) Street Lighting Market Key Performance Indicators |
8.1 Energy savings achieved through connected street lighting systems |
8.2 Percentage increase in the number of smart city projects in Latvia |
8.3 Reduction in maintenance costs for street lighting infrastructure |
8.4 Number of cybersecurity incidents reported in relation to smart city solutions |
8.5 Level of citizen satisfaction with the implementation of connected street lighting. |
9 Latvia Connected (Smart) Street Lighting Market - Opportunity Assessment |
9.1 Latvia Connected (Smart) Street Lighting Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Latvia Connected (Smart) Street Lighting Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
9.3 Latvia Connected (Smart) Street Lighting Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.4 Latvia Connected (Smart) Street Lighting Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Latvia Connected (Smart) Street Lighting Market - Competitive Landscape |
10.1 Latvia Connected (Smart) Street Lighting Market Revenue Share, By Companies, 2024 |
10.2 Latvia Connected (Smart) Street Lighting Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |