| Product Code: ETC5784471 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia experienced a significant increase in the import of diesel generators, with top exporting countries including Netherlands, Metropolitan France, Spain, Portugal, and Turkey. The market saw a shift from low to high concentration, indicating a more competitive landscape. The impressive compound annual growth rate (CAGR) of 36.77% from 2020 to 2024 highlights the robust demand for diesel generators in Latvia. Moreover, the growth rate of 28.26% from 2023 to 2024 suggests a continued upward trajectory, making it a dynamic market for diesel generator imports.

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 Diesel Generators Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Diesel Generators Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Diesel Generators Market - Industry Life Cycle |
3.4 Latvia Diesel Generators Market - Porter's Five Forces |
3.5 Latvia Diesel Generators Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Latvia Diesel Generators Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
3.7 Latvia Diesel Generators Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Latvia Diesel Generators Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable backup power solutions in commercial and industrial sectors |
4.2.2 Growth in construction activities driving the need for portable power sources |
4.2.3 Government initiatives promoting the use of diesel generators for off-grid power generation |
4.3 Market Restraints |
4.3.1 Stringent environmental regulations limiting the use of diesel generators |
4.3.2 Fluctuating diesel prices impacting the operational costs of diesel generators |
4.3.3 Competition from alternative power sources such as solar and wind energy |
5 Latvia Diesel Generators Market Trends |
6 Latvia Diesel Generators Market Segmentations |
6.1 Latvia Diesel Generators Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Diesel Generators Market Revenues & Volume, By St, 2021-2031F |
6.1.3 Latvia Diesel Generators Market Revenues & Volume, By Power, 2021-2031F |
6.1.4 Latvia Diesel Generators Market Revenues & Volume, By Peak Shaving, 2021-2031F |
6.1.5 Latvia Diesel Generators Market Revenues & Volume, By Prime or Continuous Power, 2021-2031F |
6.2 Latvia Diesel Generators Market, By Power Rating |
6.2.1 Overview and Analysis |
6.2.2 Latvia Diesel Generators Market Revenues & Volume, By 0-100 kVA, 2021-2031F |
6.2.3 Latvia Diesel Generators Market Revenues & Volume, By 100-350 kVA, 2021-2031F |
6.2.4 Latvia Diesel Generators Market Revenues & Volume, By 350-1000 kVA, 2021-2031F |
6.2.5 Latvia Diesel Generators Market Revenues & Volume, By above 1000 kVA, 2021-2031F |
6.3 Latvia Diesel Generators Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Diesel Generators Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.3 Latvia Diesel Generators Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.4 Latvia Diesel Generators Market Revenues & Volume, By Residential, 2021-2031F |
7 Latvia Diesel Generators Market Import-Export Trade Statistics |
7.1 Latvia Diesel Generators Market Export to Major Countries |
7.2 Latvia Diesel Generators Market Imports from Major Countries |
8 Latvia Diesel Generators Market Key Performance Indicators |
8.1 Average utilization rate of diesel generators in key industries |
8.2 Number of new construction projects requiring temporary power solutions |
8.3 Adoption rate of diesel generators in remote or off-grid areas |
9 Latvia Diesel Generators Market - Opportunity Assessment |
9.1 Latvia Diesel Generators Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Latvia Diesel Generators Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
9.3 Latvia Diesel Generators Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Latvia Diesel Generators Market - Competitive Landscape |
10.1 Latvia Diesel Generators Market Revenue Share, By Companies, 2024 |
10.2 Latvia Diesel Generators Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |