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

Market Forecast By Technology (Lithium-based, Nickel-based, Fuel Cell), By Component (Cell, BMS, Enclosure, Connector), By Drone Type (Fixed-wing, Fixed-wing VTOL, Rotary-wing) And Competitive Landscape
Product Code: ETC5862941 Publication Date: Nov 2023 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Latvia Drone Battery Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The import shipments of drone batteries in Latvia saw a notable increase in 2024, with top exporting countries being Germany, China, Netherlands, Czechia, and Slovenia. The market concentration, as measured by the HHI, shifted from high to moderate in 2024, indicating a more diversified import market. The impressive Compound Annual Growth Rate (CAGR) of 44.37% over the period 2020-2024 highlights the growing demand for drone batteries in Latvia. Additionally, the growth rate of 18.2% from 2023 to 2024 suggests a continued upward trend in the importation of drone batteries in the country.

Key Highlights of the Report:

  • Latvia Drone Battery Market Outlook
  • Market Size of Latvia Drone Battery Market, 2024
  • Forecast of Latvia Drone Battery Market, 2031
  • Historical Data and Forecast of Latvia Drone Battery Revenues & Volume for the Period 2021-2031
  • Latvia Drone Battery Market Trend Evolution
  • Latvia Drone Battery Market Drivers and Challenges
  • Latvia Drone Battery Price Trends
  • Latvia Drone Battery Porter`s Five Forces
  • Latvia Drone Battery Industry Life Cycle
  • Historical Data and Forecast of Latvia Drone Battery Market Revenues & Volume By Technology for the Period 2021-2031
  • Historical Data and Forecast of Latvia Drone Battery Market Revenues & Volume By Lithium-based for the Period 2021-2031
  • Historical Data and Forecast of Latvia Drone Battery Market Revenues & Volume By Nickel-based for the Period 2021-2031
  • Historical Data and Forecast of Latvia Drone Battery Market Revenues & Volume By Fuel Cell for the Period 2021-2031
  • Historical Data and Forecast of Latvia Drone Battery Market Revenues & Volume By Component for the Period 2021-2031
  • Historical Data and Forecast of Latvia Drone Battery Market Revenues & Volume By Cell for the Period 2021-2031
  • Historical Data and Forecast of Latvia Drone Battery Market Revenues & Volume By BMS for the Period 2021-2031
  • Historical Data and Forecast of Latvia Drone Battery Market Revenues & Volume By Enclosure for the Period 2021-2031
  • Historical Data and Forecast of Latvia Drone Battery Market Revenues & Volume By Connector for the Period 2021-2031
  • Historical Data and Forecast of Latvia Drone Battery Market Revenues & Volume By Drone Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Drone Battery Market Revenues & Volume By Fixed-wing for the Period 2021-2031
  • Historical Data and Forecast of Latvia Drone Battery Market Revenues & Volume By Fixed-wing VTOL for the Period 2021-2031
  • Historical Data and Forecast of Latvia Drone Battery Market Revenues & Volume By Rotary-wing for the Period 2021-2031
  • Latvia Drone Battery Import Export Trade Statistics
  • Market Opportunity Assessment By Technology
  • Market Opportunity Assessment By Component
  • Market Opportunity Assessment By Drone Type
  • Latvia Drone Battery Top Companies Market Share
  • Latvia Drone Battery Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Drone Battery Company Profiles
  • Latvia Drone Battery Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Drone Battery Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Drone Battery Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Drone Battery Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Drone Battery Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Drone Battery Market - Industry Life Cycle

3.4 Latvia Drone Battery Market - Porter's Five Forces

3.5 Latvia Drone Battery Market Revenues & Volume Share, By Technology, 2021 & 2031F

3.6 Latvia Drone Battery Market Revenues & Volume Share, By Component, 2021 & 2031F

3.7 Latvia Drone Battery Market Revenues & Volume Share, By Drone Type, 2021 & 2031F

4 Latvia Drone Battery Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing adoption of drones for various commercial applications in Latvia

4.2.2 Technological advancements leading to the development of more efficient drone batteries

4.2.3 Government initiatives supporting the use of drones in sectors like agriculture and surveillance

4.3 Market Restraints

4.3.1 Stringent regulations regarding drone operations and battery specifications

4.3.2 High initial investment required for purchasing drones and related equipment in Latvia

5 Latvia Drone Battery Market Trends

6 Latvia Drone Battery Market Segmentations

6.1 Latvia Drone Battery Market, By Technology

6.1.1 Overview and Analysis

6.1.2 Latvia Drone Battery Market Revenues & Volume, By Lithium-based, 2021-2031F

6.1.3 Latvia Drone Battery Market Revenues & Volume, By Nickel-based, 2021-2031F

6.1.4 Latvia Drone Battery Market Revenues & Volume, By Fuel Cell, 2021-2031F

6.2 Latvia Drone Battery Market, By Component

6.2.1 Overview and Analysis

6.2.2 Latvia Drone Battery Market Revenues & Volume, By Cell, 2021-2031F

6.2.3 Latvia Drone Battery Market Revenues & Volume, By BMS, 2021-2031F

6.2.4 Latvia Drone Battery Market Revenues & Volume, By Enclosure, 2021-2031F

6.2.5 Latvia Drone Battery Market Revenues & Volume, By Connector, 2021-2031F

6.3 Latvia Drone Battery Market, By Drone Type

6.3.1 Overview and Analysis

6.3.2 Latvia Drone Battery Market Revenues & Volume, By Fixed-wing, 2021-2031F

6.3.3 Latvia Drone Battery Market Revenues & Volume, By Fixed-wing VTOL, 2021-2031F

6.3.4 Latvia Drone Battery Market Revenues & Volume, By Rotary-wing, 2021-2031F

7 Latvia Drone Battery Market Import-Export Trade Statistics

7.1 Latvia Drone Battery Market Export to Major Countries

7.2 Latvia Drone Battery Market Imports from Major Countries

8 Latvia Drone Battery Market Key Performance Indicators

8.1 Average flight time of drones using the batteries

8.2 Battery life cycle and durability

8.3 Rate of adoption of drones in different industries in Latvia

9 Latvia Drone Battery Market - Opportunity Assessment

9.1 Latvia Drone Battery Market Opportunity Assessment, By Technology, 2021 & 2031F

9.2 Latvia Drone Battery Market Opportunity Assessment, By Component, 2021 & 2031F

9.3 Latvia Drone Battery Market Opportunity Assessment, By Drone Type, 2021 & 2031F

10 Latvia Drone Battery Market - Competitive Landscape

10.1 Latvia Drone Battery Market Revenue Share, By Companies, 2024

10.2 Latvia Drone Battery Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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