Latvia Counter Improvised Explosive Device (IED) Market (2025-2031) | Trends, Segmentation, Competitive Landscape, Forecast, Growth, Companies, Value, Size & Revenue, Industry, Share, Outlook, Analysis

Market Forecast By Capability (Detection, Countermeasure), By Deployment (Vehicle-Mounted, Ship-Mounted, Airborne, Handheld, Others), By End User (Military, Homeland Security) And Competitive Landscape
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

Latvia Counter Improvised Explosive Device (Ied) Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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.

Key Highlights of the Report:

  • Latvia Counter Improvised Explosive Device (IED) Market Outlook
  • Market Size of Latvia Counter Improvised Explosive Device (IED) Market, 2024
  • Forecast of Latvia Counter Improvised Explosive Device (IED) Market, 2031
  • Historical Data and Forecast of Latvia Counter Improvised Explosive Device (IED) Revenues & Volume for the Period 2021- 2031
  • Latvia Counter Improvised Explosive Device (IED) Market Trend Evolution
  • Latvia Counter Improvised Explosive Device (IED) Market Drivers and Challenges
  • Latvia Counter Improvised Explosive Device (IED) Price Trends
  • Latvia Counter Improvised Explosive Device (IED) Porter's Five Forces
  • Latvia Counter Improvised Explosive Device (IED) Industry Life Cycle
  • Historical Data and Forecast of Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume By Capability for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume By Detection for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume By Countermeasure for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume By Deployment for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume By Vehicle-Mounted for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume By Ship-Mounted for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume By Airborne for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume By Handheld for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume By Others for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume By End User for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume By Military for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Counter Improvised Explosive Device (IED) Market Revenues & Volume By Homeland Security for the Period 2021- 2031
  • Latvia Counter Improvised Explosive Device (IED) Import Export Trade Statistics
  • Market Opportunity Assessment By Capability
  • Market Opportunity Assessment By Deployment
  • Market Opportunity Assessment By End User
  • Latvia Counter Improvised Explosive Device (IED) Top Companies Market Share
  • Latvia Counter Improvised Explosive Device (IED) Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Counter Improvised Explosive Device (IED) Company Profiles
  • Latvia Counter Improvised Explosive Device (IED) Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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

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