| Product Code: ETC7908701 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | 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 |