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

Name: Latvia Defence Market (2025-2031) | Size & Revenue
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Defence Market, Latvia Defence Market, Latvia Defence Market Revenues, Latvia Defence Market Share, Latvia Defence Market Size, Latvia Defence Market Outlook, Latvia Defence Market Report, Latvia Defence Market Competition, Latvia Defence Market Overview, Latvia Defence Market Trends, Latvia Defence Market Forecast

Market Forecast By Armed Forces (Army, Navy, Air Forc), By Type (Personal Training and Protection, Communication Systems Vehicle, Weapons and Ammunition) And Competitive Landscape

Product Code: ETC7909202	Publication Date: Sep 2024	Updated Date: Aug 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Sumit Sagar	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Key Highlights of the Report:

Latvia Defence Market Outlook
Market Size of Latvia Defence Market, 2024
Forecast of Latvia Defence Market, 2031
Historical Data and Forecast of Latvia Defence Revenues & Volume for the Period 2021- 2031
Latvia Defence Market Trend Evolution
Latvia Defence Market Drivers and Challenges
Latvia Defence Price Trends
Latvia Defence Porter's Five Forces
Latvia Defence Industry Life Cycle
Historical Data and Forecast of Latvia Defence Market Revenues & Volume By Armed Forces for the Period 2021- 2031
Historical Data and Forecast of Latvia Defence Market Revenues & Volume By Army for the Period 2021- 2031
Historical Data and Forecast of Latvia Defence Market Revenues & Volume By Navy for the Period 2021- 2031
Historical Data and Forecast of Latvia Defence Market Revenues & Volume By Air Forc for the Period 2021- 2031
Historical Data and Forecast of Latvia Defence Market Revenues & Volume By Type for the Period 2021- 2031
Historical Data and Forecast of Latvia Defence Market Revenues & Volume By Personal Training and Protection for the Period 2021- 2031
Historical Data and Forecast of Latvia Defence Market Revenues & Volume By Communication Systems Vehicle for the Period 2021- 2031
Historical Data and Forecast of Latvia Defence Market Revenues & Volume By Weapons and Ammunition for the Period 2021- 2031
Latvia Defence Import Export Trade Statistics
Market Opportunity Assessment By Armed Forces
Market Opportunity Assessment By Type
Latvia Defence Top Companies Market Share
Latvia Defence Competitive Benchmarking By Technical and Operational Parameters
Latvia Defence Company Profiles
Latvia Defence Key Strategic Recommendations

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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 Defence Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Defence Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Defence Market - Industry Life Cycle

3.4 Latvia Defence Market - Porter's Five Forces

3.5 Latvia Defence Market Revenues & Volume Share, By Armed Forces, 2021 & 2031F

3.6 Latvia Defence Market Revenues & Volume Share, By Type, 2021 & 2031F

4 Latvia Defence Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increase in defense budget allocation by the Latvian government

4.2.2 Rising geopolitical tensions in the region

4.2.3 Modernization and upgrade of defense equipment and technologies

4.3 Market Restraints

4.3.1 Economic instability impacting defense spending

4.3.2 Dependency on international partnerships for defense capabilities

4.3.3 Limited domestic defense industry capabilities

5 Latvia Defence Market Trends

6 Latvia Defence Market, By Types

6.1 Latvia Defence Market, By Armed Forces

6.1.1 Overview and Analysis

6.1.2 Latvia Defence Market Revenues & Volume, By Armed Forces, 2021- 2031F

6.1.3 Latvia Defence Market Revenues & Volume, By Army, 2021- 2031F

6.1.4 Latvia Defence Market Revenues & Volume, By Navy, 2021- 2031F

6.1.5 Latvia Defence Market Revenues & Volume, By Air Forc, 2021- 2031F

6.2 Latvia Defence Market, By Type

6.2.1 Overview and Analysis

6.2.2 Latvia Defence Market Revenues & Volume, By Personal Training and Protection, 2021- 2031F

6.2.3 Latvia Defence Market Revenues & Volume, By Communication Systems Vehicle, 2021- 2031F

6.2.4 Latvia Defence Market Revenues & Volume, By Weapons and Ammunition, 2021- 2031F

7 Latvia Defence Market Import-Export Trade Statistics

7.1 Latvia Defence Market Export to Major Countries

7.2 Latvia Defence Market Imports from Major Countries

8 Latvia Defence Market Key Performance Indicators

8.1 Percentage of defense budget allocated for modernization projects

8.2 Number of joint defense initiatives with NATO and other allies

8.3 Percentage of defense equipment meeting NATO standards

8.4 Level of investment in research and development for defense technologies

8.5 Number of successful defense export contracts

9 Latvia Defence Market - Opportunity Assessment

9.1 Latvia Defence Market Opportunity Assessment, By Armed Forces, 2021 & 2031F

9.2 Latvia Defence Market Opportunity Assessment, By Type, 2021 & 2031F

10 Latvia Defence Market - Competitive Landscape

10.1 Latvia Defence Market Revenue Share, By Companies, 2024

10.2 Latvia Defence Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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