| Product Code: ETC11955829 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The import shipments of daylight sensors to Latvia saw a shift in concentration levels from low to moderate in 2024, indicating a more balanced distribution among suppliers. Top exporting countries such as Denmark, Poland, Germany, Sweden, and China played significant roles in meeting Latvia`s demand for these sensors. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 remained strong at 12.73%, suggesting a steady expansion in the market. This data highlights the importance of these key exporting countries in supplying daylight sensors to Latvia.

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 Daylight Sensor Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Daylight Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Daylight Sensor Market - Industry Life Cycle |
3.4 Latvia Daylight Sensor Market - Porter's Five Forces |
3.5 Latvia Daylight Sensor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Daylight Sensor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Daylight Sensor Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.8 Latvia Daylight Sensor Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Latvia Daylight Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Daylight Sensor Market Trends |
6 Latvia Daylight Sensor Market, By Types |
6.1 Latvia Daylight Sensor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Daylight Sensor Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Daylight Sensor Market Revenues & Volume, By Passive, 2021 - 2031F |
6.1.4 Latvia Daylight Sensor Market Revenues & Volume, By Active, 2021 - 2031F |
6.2 Latvia Daylight Sensor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Daylight Sensor Market Revenues & Volume, By Residential, 2021 - 2031F |
6.2.3 Latvia Daylight Sensor Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.2.4 Latvia Daylight Sensor Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3 Latvia Daylight Sensor Market, By Connectivity |
6.3.1 Overview and Analysis |
6.3.2 Latvia Daylight Sensor Market Revenues & Volume, By Wired, 2021 - 2031F |
6.3.3 Latvia Daylight Sensor Market Revenues & Volume, By Wireless, 2021 - 2031F |
6.4 Latvia Daylight Sensor Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Latvia Daylight Sensor Market Revenues & Volume, By IoT, 2021 - 2031F |
6.4.3 Latvia Daylight Sensor Market Revenues & Volume, By Smart Lighting, 2021 - 2031F |
7 Latvia Daylight Sensor Market Import-Export Trade Statistics |
7.1 Latvia Daylight Sensor Market Export to Major Countries |
7.2 Latvia Daylight Sensor Market Imports from Major Countries |
8 Latvia Daylight Sensor Market Key Performance Indicators |
9 Latvia Daylight Sensor Market - Opportunity Assessment |
9.1 Latvia Daylight Sensor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Daylight Sensor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Daylight Sensor Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
9.4 Latvia Daylight Sensor Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Latvia Daylight Sensor Market - Competitive Landscape |
10.1 Latvia Daylight Sensor Market Revenue Share, By Companies, 2024 |
10.2 Latvia Daylight Sensor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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