| Product Code: ETC4930497 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Latvia construction material testing equipment import market saw a notable shift in concentration levels from high to moderate in 2024, indicating increased competition among top exporting countries. The UK, Germany, Canada, Italy, and Austria emerged as key players in supplying testing equipment to Latvia. Despite a negative CAGR of -13.47% from 2020 to 2024, the market showed promising growth with a 28.05% increase in import shipments from 2023 to 2024. This trend suggests a potential rebound and renewed interest in construction material testing equipment within the Latvian market.

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 Construction Material Testing Equipment Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Construction Material Testing Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Construction Material Testing Equipment Market - Industry Life Cycle |
3.4 Latvia Construction Material Testing Equipment Market - Porter's Five Forces |
3.5 Latvia Construction Material Testing Equipment Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Construction Material Testing Equipment Market Revenues & Volume Share, By Location, 2021 & 2031F |
3.7 Latvia Construction Material Testing Equipment Market Revenues & Volume Share, By Offering, 2021 & 2031F |
4 Latvia Construction Material Testing Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government investments in infrastructure projects in Latvia |
4.2.2 Rising demand for high-quality construction materials to ensure safety and durability of structures |
4.2.3 Adoption of advanced technologies in construction material testing equipment to improve efficiency and accuracy |
4.3 Market Restraints |
4.3.1 Economic uncertainties and fluctuations in construction activity affecting the market growth |
4.3.2 High initial costs associated with purchasing and maintaining construction material testing equipment |
4.3.3 Lack of skilled professionals to operate and interpret results from the testing equipment |
5 Latvia Construction Material Testing Equipment Market Trends |
6 Latvia Construction Material Testing Equipment Market Segmentations |
6.1 Latvia Construction Material Testing Equipment Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Construction Material Testing Equipment Market Revenues & Volume, By Non-destructive Testing, 2021-2031F |
6.1.3 Latvia Construction Material Testing Equipment Market Revenues & Volume, By Universal Testing Machine, 2021-2031F |
6.1.4 Latvia Construction Material Testing Equipment Market Revenues & Volume, By Servo Hydraulic Testing Machine, 2021-2031F |
6.1.5 Latvia Construction Material Testing Equipment Market Revenues & Volume, By Hardness Testing Machine, 2021-2031F |
6.1.6 Latvia Construction Material Testing Equipment Market Revenues & Volume, By Impact Testing Machine, 2021-2031F |
6.2 Latvia Construction Material Testing Equipment Market, By Location |
6.2.1 Overview and Analysis |
6.2.2 Latvia Construction Material Testing Equipment Market Revenues & Volume, By On-site Testing Equipment, 2021-2031F |
6.2.3 Latvia Construction Material Testing Equipment Market Revenues & Volume, By Laboratory Testing Equipment, 2021-2031F |
6.3 Latvia Construction Material Testing Equipment Market, By Offering |
6.3.1 Overview and Analysis |
6.3.2 Latvia Construction Material Testing Equipment Market Revenues & Volume, By Products, 2021-2031F |
6.3.3 Latvia Construction Material Testing Equipment Market Revenues & Volume, By Services, 2021-2031F |
7 Latvia Construction Material Testing Equipment Market Import-Export Trade Statistics |
7.1 Latvia Construction Material Testing Equipment Market Export to Major Countries |
7.2 Latvia Construction Material Testing Equipment Market Imports from Major Countries |
8 Latvia Construction Material Testing Equipment Market Key Performance Indicators |
8.1 Adoption rate of advanced technologies in construction material testing equipment |
8.2 Percentage of government budget allocated to infrastructure projects |
8.3 Number of construction projects requiring material testing services |
8.4 Training and certification rate of professionals in construction material testing industry |
8.5 Percentage of construction companies using third-party testing services for quality assurance |
9 Latvia Construction Material Testing Equipment Market - Opportunity Assessment |
9.1 Latvia Construction Material Testing Equipment Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Construction Material Testing Equipment Market Opportunity Assessment, By Location, 2021 & 2031F |
9.3 Latvia Construction Material Testing Equipment Market Opportunity Assessment, By Offering, 2021 & 2031F |
10 Latvia Construction Material Testing Equipment Market - Competitive Landscape |
10.1 Latvia Construction Material Testing Equipment Market Revenue Share, By Companies, 2024 |
10.2 Latvia Construction Material Testing Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |