| Product Code: ETC7908403 | Publication Date: Sep 2024 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
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 Consumer Drone Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Consumer Drone Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Consumer Drone Market - Industry Life Cycle |
3.4 Latvia Consumer Drone Market - Porter's Five Forces |
3.5 Latvia Consumer Drone Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Consumer Drone Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Consumer Drone Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of aerial photography and videography among consumers |
4.2.2 Technological advancements leading to more affordable and feature-rich consumer drones |
4.2.3 Growing interest in recreational drone flying as a hobby |
4.3 Market Restraints |
4.3.1 Stringent regulations and restrictions on drone usage in certain areas |
4.3.2 Concerns regarding privacy and safety related to drone operations |
4.3.3 Limited awareness and education among consumers regarding the benefits and safe use of consumer drones |
5 Latvia Consumer Drone Market Trends |
6 Latvia Consumer Drone Market, By Types |
6.1 Latvia Consumer Drone Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Consumer Drone Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Consumer Drone Market Revenues & Volume, By Multi-rotor, 2021- 2031F |
6.1.4 Latvia Consumer Drone Market Revenues & Volume, By Nano, 2021- 2031F |
6.1.5 Latvia Consumer Drone Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Consumer Drone Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Consumer Drone Market Revenues & Volume, By Prosumer, 2021- 2031F |
6.2.3 Latvia Consumer Drone Market Revenues & Volume, By Toy/Hobbyist, 2021- 2031F |
6.2.4 Latvia Consumer Drone Market Revenues & Volume, By Photogrammetry, 2021- 2031F |
7 Latvia Consumer Drone Market Import-Export Trade Statistics |
7.1 Latvia Consumer Drone Market Export to Major Countries |
7.2 Latvia Consumer Drone Market Imports from Major Countries |
8 Latvia Consumer Drone Market Key Performance Indicators |
8.1 Number of drone flying permits issued by the regulatory authorities |
8.2 Participation rate in drone piloting workshops and training programs |
8.3 Frequency of drone-related incidents reported to authorities |
8.4 Adoption rate of consumer drones in photography and videography industries |
8.5 Number of new drone models launched in the market with advanced features |
9 Latvia Consumer Drone Market - Opportunity Assessment |
9.1 Latvia Consumer Drone Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Consumer Drone Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Consumer Drone Market - Competitive Landscape |
10.1 Latvia Consumer Drone Market Revenue Share, By Companies, 2024 |
10.2 Latvia Consumer Drone Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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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