| Product Code: ETC7909014 | 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 |
The import shipments of microcontroller sockets to Latvia saw a notable shift in concentration in 2024, with top exporting countries including China, Netherlands, Germany, Taiwan, Province of China, and Israel. The Herfindahl-Hirschman Index (HHI) indicated a transition from low to high concentration within a year. Despite a negative Compound Annual Growth Rate (CAGR) of -1.73% from 2020 to 2024, the drastic decline in growth rate from 2023 to 2024 at -40.97% suggests a challenging market environment or specific factors impacting the industry during that period.

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 DIP Microcontroller Socket Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia DIP Microcontroller Socket Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia DIP Microcontroller Socket Market - Industry Life Cycle |
3.4 Latvia DIP Microcontroller Socket Market - Porter's Five Forces |
3.5 Latvia DIP Microcontroller Socket Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia DIP Microcontroller Socket Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia DIP Microcontroller Socket Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for Internet of Things (IoT) devices and smart home applications, which require microcontrollers and sockets. |
4.2.2 Growing adoption of automation and robotics in various industries, driving the need for microcontroller sockets. |
4.2.3 Technological advancements leading to the development of more sophisticated and feature-rich microcontrollers, boosting the demand for compatible sockets. |
4.3 Market Restraints |
4.3.1 Price volatility in raw materials used for manufacturing microcontroller sockets, impacting production costs. |
4.3.2 Competition from alternative technologies such as System-on-Chip (SoC) solutions that integrate multiple functions in a single device, posing a threat to standalone microcontrollers and sockets. |
5 Latvia DIP Microcontroller Socket Market Trends |
6 Latvia DIP Microcontroller Socket Market, By Types |
6.1 Latvia DIP Microcontroller Socket Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia DIP Microcontroller Socket Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia DIP Microcontroller Socket Market Revenues & Volume, By Dual Inline Package (DIP), 2021- 2031F |
6.1.4 Latvia DIP Microcontroller Socket Market Revenues & Volume, By Ball Grid Array (BGA), 2021- 2031F |
6.1.5 Latvia DIP Microcontroller Socket Market Revenues & Volume, By Quad Flat Package (QFP), 2021- 2031F |
6.1.6 Latvia DIP Microcontroller Socket Market Revenues & Volume, By System On Package (SOP), 2021- 2031F |
6.1.7 Latvia DIP Microcontroller Socket Market Revenues & Volume, By Small Outline Integrated Circuit (SOIC), 2021- 2031F |
6.2 Latvia DIP Microcontroller Socket Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia DIP Microcontroller Socket Market Revenues & Volume, By Industrial, Consumer Electronics, 2021- 2031F |
6.2.3 Latvia DIP Microcontroller Socket Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.4 Latvia DIP Microcontroller Socket Market Revenues & Volume, By Medical Devices, 2021- 2031F |
6.2.5 Latvia DIP Microcontroller Socket Market Revenues & Volume, By Military & Defense, 2021- 2031F |
7 Latvia DIP Microcontroller Socket Market Import-Export Trade Statistics |
7.1 Latvia DIP Microcontroller Socket Market Export to Major Countries |
7.2 Latvia DIP Microcontroller Socket Market Imports from Major Countries |
8 Latvia DIP Microcontroller Socket Market Key Performance Indicators |
8.1 Average selling price (ASP) of microcontroller sockets in the market. |
8.2 Number of new product launches in the microcontroller socket segment. |
8.3 Adoption rate of microcontroller sockets in emerging applications and industries. |
8.4 Percentage of market share held by key players in the microcontroller socket market. |
8.5 Rate of technological advancements and innovations in microcontroller socket designs. |
9 Latvia DIP Microcontroller Socket Market - Opportunity Assessment |
9.1 Latvia DIP Microcontroller Socket Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia DIP Microcontroller Socket Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia DIP Microcontroller Socket Market - Competitive Landscape |
10.1 Latvia DIP Microcontroller Socket Market Revenue Share, By Companies, 2024 |
10.2 Latvia DIP Microcontroller Socket Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |