| Product Code: ETC7908701 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
In 2024, Latvia saw a significant decrease in the growth rate of counter improvised explosive device (IED) imports, with a notable -32.98% change from the previous year. Despite this, the market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). Top exporting countries to Latvia included Sweden, Slovakia, UK, Spain, and Netherlands, showcasing a diverse range of sources for these critical security products. With a compound annual growth rate (CAGR) of 5.69% from 2020 to 2024, the Latvian market for counter IED imports continues to show steady growth and resilience.
| 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 Counter Improvised Explosive Device (IED) Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Counter Improvised Explosive Device (IED) Market - Industry Life Cycle | 
| 3.4 Latvia Counter Improvised Explosive Device (IED) Market - Porter's Five Forces | 
| 3.5 Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume Share, By Capability, 2021 & 2031F | 
| 3.6 Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume Share, By Deployment, 2021 & 2031F | 
| 3.7 Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume Share, By End User, 2021 & 2031F | 
| 4 Latvia Counter Improvised Explosive Device (IED) Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing security threats and terrorist activities in Latvia | 
| 4.2.2 Technological advancements in counter-IED systems | 
| 4.2.3 Stringent government regulations and investments in defense and security infrastructure | 
| 4.3 Market Restraints | 
| 4.3.1 Budget constraints and limited funding for defense and security | 
| 4.3.2 Lack of awareness and training on counter-IED measures | 
| 4.3.3 Complex procurement processes and bureaucratic hurdles | 
| 5 Latvia Counter Improvised Explosive Device (IED) Market Trends | 
| 6 Latvia Counter Improvised Explosive Device (IED) Market, By Types | 
| 6.1 Latvia Counter Improvised Explosive Device (IED) Market, By Capability | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume, By Capability, 2021- 2031F | 
| 6.1.3 Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume, By Detection, 2021- 2031F | 
| 6.1.4 Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume, By Countermeasure, 2021- 2031F | 
| 6.2 Latvia Counter Improvised Explosive Device (IED) Market, By Deployment | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume, By Vehicle-Mounted, 2021- 2031F | 
| 6.2.3 Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume, By Ship-Mounted, 2021- 2031F | 
| 6.2.4 Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume, By Airborne, 2021- 2031F | 
| 6.2.5 Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume, By Handheld, 2021- 2031F | 
| 6.2.6 Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume, By Others, 2021- 2031F | 
| 6.3 Latvia Counter Improvised Explosive Device (IED) Market, By End User | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume, By Military, 2021- 2031F | 
| 6.3.3 Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume, By Homeland Security, 2021- 2031F | 
| 7 Latvia Counter Improvised Explosive Device (IED) Market Import-Export Trade Statistics | 
| 7.1 Latvia Counter Improvised Explosive Device (IED) Market Export to Major Countries | 
| 7.2 Latvia Counter Improvised Explosive Device (IED) Market Imports from Major Countries | 
| 8 Latvia Counter Improvised Explosive Device (IED) Market Key Performance Indicators | 
| 8.1 Number of successful counter-IED operations conducted in Latvia | 
| 8.2 Level of adoption of advanced counter-IED technologies by defense and security agencies | 
| 8.3 Percentage increase in government spending on defense and security RD | 
| 8.4 Rate of training and certification programs on counter-IED measures implemented | 
| 8.5 Number of reported incidents involving IEDs in Latvia | 
| 9 Latvia Counter Improvised Explosive Device (IED) Market - Opportunity Assessment | 
| 9.1 Latvia Counter Improvised Explosive Device (IED) Market Opportunity Assessment, By Capability, 2021 & 2031F | 
| 9.2 Latvia Counter Improvised Explosive Device (IED) Market Opportunity Assessment, By Deployment, 2021 & 2031F | 
| 9.3 Latvia Counter Improvised Explosive Device (IED) Market Opportunity Assessment, By End User, 2021 & 2031F | 
| 10 Latvia Counter Improvised Explosive Device (IED) Market - Competitive Landscape | 
| 10.1 Latvia Counter Improvised Explosive Device (IED) Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Counter Improvised Explosive Device (IED) Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 
| 13 Disclaimer |