| Product Code: ETC5910156 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Latvia crane and hoist import market experienced a shift towards higher concentration in 2024, with top exporting countries being Germany, Belgium, China, Netherlands, and Italy. Despite a negative growth rate in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 was a steady 8.65%. This indicates a stable demand for crane and hoist imports in Latvia, with potential opportunities for suppliers to capitalize on the market`s growth trajectory. Monitoring market trends and competitive dynamics will be crucial for stakeholders looking to navigate this evolving landscape effectively.
hoist 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 Crane , Hoist Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Crane , Hoist Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Crane , Hoist Market - Industry Life Cycle |
3.4 Latvia Crane , Hoist Market - Porter's Five Forces |
3.5 Latvia Crane , Hoist Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Crane , Hoist Market Revenues & Volume Share, By Operations, 2021 & 2031F |
3.7 Latvia Crane , Hoist Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Latvia Crane , Hoist Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing infrastructure development projects in Latvia |
4.2.2 Growth in the manufacturing sector leading to higher demand for cranes and hoists |
4.2.3 Technological advancements in crane and hoist equipment improving efficiency and productivity |
4.3 Market Restraints |
4.3.1 High initial investment costs for purchasing and installing crane and hoist equipment |
4.3.2 Fluctuating raw material prices impacting manufacturing costs and pricing of cranes and hoists |
4.3.3 Stringent regulations and standards for crane and hoist operations impacting market growth |
5 Latvia Crane , Hoist Market Trends |
6 Latvia Crane , Hoist Market Segmentations |
6.1 Latvia Crane , Hoist Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Crane , Hoist Market Revenues & Volume, By Mobile Cranes, 2021-2031F |
6.1.3 Latvia Crane , Hoist Market Revenues & Volume, By Fixed Cranes, 2021-2031F |
6.2 Latvia Crane , Hoist Market, By Operations |
6.2.1 Overview and Analysis |
6.2.2 Latvia Crane , Hoist Market Revenues & Volume, By Hydraulic, 2021-2031F |
6.2.3 Latvia Crane , Hoist Market Revenues & Volume, By Electric, 2021-2031F |
6.2.4 Latvia Crane , Hoist Market Revenues & Volume, By Hybrid, 2021-2031F |
6.3 Latvia Crane , Hoist Market, By Industry |
6.3.1 Overview and Analysis |
6.3.2 Latvia Crane , Hoist Market Revenues & Volume, By Construction, 2021-2031F |
6.3.3 Latvia Crane , Hoist Market Revenues & Volume, By Shipping & Material Handling, 2021-2031F |
6.3.4 Latvia Crane , Hoist Market Revenues & Volume, By Automotive & Railway, 2021-2031F |
6.3.5 Latvia Crane , Hoist Market Revenues & Volume, By Mining, 2021-2031F |
6.3.6 Latvia Crane , Hoist Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.3.7 Latvia Crane , Hoist Market Revenues & Volume, By Energy & Power, 2021-2031F |
7 Latvia Crane , Hoist Market Import-Export Trade Statistics |
7.1 Latvia Crane , Hoist Market Export to Major Countries |
7.2 Latvia Crane , Hoist Market Imports from Major Countries |
8 Latvia Crane , Hoist Market Key Performance Indicators |
8.1 Average utilization rate of crane and hoist equipment in Latvia |
8.2 Number of new infrastructure projects using cranes and hoists |
8.3 Adoption rate of advanced technologies in crane and hoist equipment in the market |
9 Latvia Crane , Hoist Market - Opportunity Assessment |
9.1 Latvia Crane , Hoist Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Crane , Hoist Market Opportunity Assessment, By Operations, 2021 & 2031F |
9.3 Latvia Crane , Hoist Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Latvia Crane , Hoist Market - Competitive Landscape |
10.1 Latvia Crane , Hoist Market Revenue Share, By Companies, 2024 |
10.2 Latvia Crane , Hoist Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |