Latvia Cruise Missile Market (2025-2031) | Competitive Landscape, Analysis, Size & Revenue, Segmentation, Share, Industry, Companies, Forecast, Outlook, Value, Trends, Growth

Market Forecast By Launch Platform (Air, Sea, Land), By Range (Short-Range Missiles, Medium-Range Missiles, Long-Range Missiles) And Competitive Landscape
Product Code: ETC7908823 Publication Date: Sep 2024 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Sumit Sagar No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Latvia Cruise Missile Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s cruise missile import shipments in 2024 continued to show a high level of concentration, with top exporters being Germany, Belgium, Lithuania, Czechia, and Estonia. The market saw a strong compound annual growth rate (CAGR) of 35.43% from 2020 to 2024, with a notable growth rate of 35.52% in 2024 alone. This indicates a significant increase in demand for cruise missiles in Latvia, likely driven by strategic defense needs and geopolitical factors. The consistent growth and concentration of imports suggest a thriving market for cruise missiles in the country.

Latvia Cruise Missile Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia Cruise Missile Market Outlook
  • Market Size of Latvia Cruise Missile Market, 2024
  • Forecast of Latvia Cruise Missile Market, 2031
  • Historical Data and Forecast of Latvia Cruise Missile Revenues & Volume for the Period 2021- 2031
  • Latvia Cruise Missile Market Trend Evolution
  • Latvia Cruise Missile Market Drivers and Challenges
  • Latvia Cruise Missile Price Trends
  • Latvia Cruise Missile Porter's Five Forces
  • Latvia Cruise Missile Industry Life Cycle
  • Historical Data and Forecast of Latvia Cruise Missile Market Revenues & Volume By Launch Platform for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Cruise Missile Market Revenues & Volume By Air for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Cruise Missile Market Revenues & Volume By Sea for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Cruise Missile Market Revenues & Volume By Land for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Cruise Missile Market Revenues & Volume By Range for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Cruise Missile Market Revenues & Volume By Short-Range Missiles for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Cruise Missile Market Revenues & Volume By Medium-Range Missiles for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Cruise Missile Market Revenues & Volume By Long-Range Missiles for the Period 2021- 2031
  • Latvia Cruise Missile Import Export Trade Statistics
  • Market Opportunity Assessment By Launch Platform
  • Market Opportunity Assessment By Range
  • Latvia Cruise Missile Top Companies Market Share
  • Latvia Cruise Missile Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Cruise Missile Company Profiles
  • Latvia Cruise Missile 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 Cruise Missile Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Cruise Missile Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Cruise Missile Market - Industry Life Cycle

3.4 Latvia Cruise Missile Market - Porter's Five Forces

3.5 Latvia Cruise Missile Market Revenues & Volume Share, By Launch Platform, 2021 & 2031F

3.6 Latvia Cruise Missile Market Revenues & Volume Share, By Range, 2021 & 2031F

4 Latvia Cruise Missile Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing defense spending by Latvia government

4.2.2 Geopolitical tensions in the region

4.2.3 Technological advancements leading to development of more sophisticated cruise missiles

4.3 Market Restraints

4.3.1 Stringent regulations on arms exports

4.3.2 Limited budget allocation for defense procurement

5 Latvia Cruise Missile Market Trends

6 Latvia Cruise Missile Market, By Types

6.1 Latvia Cruise Missile Market, By Launch Platform

6.1.1 Overview and Analysis

6.1.2 Latvia Cruise Missile Market Revenues & Volume, By Launch Platform, 2021- 2031F

6.1.3 Latvia Cruise Missile Market Revenues & Volume, By Air, 2021- 2031F

6.1.4 Latvia Cruise Missile Market Revenues & Volume, By Sea, 2021- 2031F

6.1.5 Latvia Cruise Missile Market Revenues & Volume, By Land, 2021- 2031F

6.2 Latvia Cruise Missile Market, By Range

6.2.1 Overview and Analysis

6.2.2 Latvia Cruise Missile Market Revenues & Volume, By Short-Range Missiles, 2021- 2031F

6.2.3 Latvia Cruise Missile Market Revenues & Volume, By Medium-Range Missiles, 2021- 2031F

6.2.4 Latvia Cruise Missile Market Revenues & Volume, By Long-Range Missiles, 2021- 2031F

7 Latvia Cruise Missile Market Import-Export Trade Statistics

7.1 Latvia Cruise Missile Market Export to Major Countries

7.2 Latvia Cruise Missile Market Imports from Major Countries

8 Latvia Cruise Missile Market Key Performance Indicators

8.1 Research and development investment in cruise missile technology

8.2 Number of successful missile tests conducted

8.3 Level of foreign investment in Latvia's defense industry

9 Latvia Cruise Missile Market - Opportunity Assessment

9.1 Latvia Cruise Missile Market Opportunity Assessment, By Launch Platform, 2021 & 2031F

9.2 Latvia Cruise Missile Market Opportunity Assessment, By Range, 2021 & 2031F

10 Latvia Cruise Missile Market - Competitive Landscape

10.1 Latvia Cruise Missile Market Revenue Share, By Companies, 2024

10.2 Latvia Cruise Missile Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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