| Product Code: ETC5557706 | 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 |
The drone sensor import market in Latvia witnessed a decline in concentration levels from low to very low in 2024, indicating increased diversification among the top exporting countries. Germany, Poland, China, Finland, and Lithuania emerged as key suppliers in 2024. Despite a negative CAGR of -6.25% from 2020 to 2024 and a growth rate of -15.61% in 2023-24, the market shows potential for further expansion and competition as more countries contribute to the import shipments.

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 Sensor Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Drone Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Drone Sensor Market - Industry Life Cycle |
3.4 Latvia Drone Sensor Market - Porter's Five Forces |
3.5 Latvia Drone Sensor Market Revenues & Volume Share, By Sensor Type, 2021 & 2031F |
3.6 Latvia Drone Sensor Market Revenues & Volume Share, By Platform Type, 2021 & 2031F |
3.7 Latvia Drone Sensor Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
3.8 Latvia Drone Sensor Market Revenues & Volume Share, By End-User Industry, 2021 & 2031F |
4 Latvia Drone Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of drones in various industries such as agriculture, construction, and surveillance |
4.2.2 Technological advancements in drone sensor technology leading to improved capabilities and functionalities |
4.2.3 Government initiatives and regulations promoting the use of drones for commercial applications |
4.3 Market Restraints |
4.3.1 High initial costs associated with drone sensor technology |
4.3.2 Concerns regarding data privacy and security related to drone operations |
4.3.3 Limited awareness and understanding of the benefits of drone sensor technology among potential users |
5 Latvia Drone Sensor Market Trends |
6 Latvia Drone Sensor Market Segmentations |
6.1 Latvia Drone Sensor Market, By Sensor Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Drone Sensor Market Revenues & Volume, By Inertial Sensors (Accelerometers, Gyroscope, Magnetometers, Tilt), 2021-2031F |
6.1.3 Latvia Drone Sensor Market Revenues & Volume, By Image Sensors (Infrared, Thermal, Multispectral, 3D), 2021-2031F |
6.1.4 Latvia Drone Sensor Market Revenues & Volume, By Speed and Distance Sensors (Radar, LiDAR, Proximity), 2021-2031F |
6.1.5 Latvia Drone Sensor Market Revenues & Volume, By Position Sensors (GPS, GNSS), 2021-2031F |
6.1.6 Latvia Drone Sensor Market Revenues & Volume, By Pressure Sensors (Barometric, Differential), 2021-2031F |
6.1.7 Latvia Drone Sensor Market Revenues & Volume, By Current Sensors, 2021-2031F |
6.1.9 Latvia Drone Sensor Market Revenues & Volume, By Light Sensors, 2021-2031F |
6.1.10 Latvia Drone Sensor Market Revenues & Volume, By Light Sensors, 2021-2031F |
6.2 Latvia Drone Sensor Market, By Platform Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Drone Sensor Market Revenues & Volume, By VTOL, 2021-2031F |
6.2.3 Latvia Drone Sensor Market Revenues & Volume, By Fixed Wing, 2021-2031F |
6.2.4 Latvia Drone Sensor Market Revenues & Volume, By Hybrid, 2021-2031F |
6.3 Latvia Drone Sensor Market, By Application Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Drone Sensor Market Revenues & Volume, By Navigation, 2021-2031F |
6.3.3 Latvia Drone Sensor Market Revenues & Volume, By Collision Detection and Avoidance, 2021-2031F |
6.3.4 Latvia Drone Sensor Market Revenues & Volume, By Data Acquisition, 2021-2031F |
6.3.5 Latvia Drone Sensor Market Revenues & Volume, By Motion Detection, 2021-2031F |
6.3.6 Latvia Drone Sensor Market Revenues & Volume, By Air Pressure Measurement, 2021-2031F |
6.3.7 Latvia Drone Sensor Market Revenues & Volume, By Power Monitoring, 2021-2031F |
6.4 Latvia Drone Sensor Market, By End-User Industry |
6.4.1 Overview and Analysis |
6.4.2 Latvia Drone Sensor Market Revenues & Volume, By Energy & Utilities, 2021-2031F |
6.4.3 Latvia Drone Sensor Market Revenues & Volume, By Precision Agriculture, 2021-2031F |
6.4.4 Latvia Drone Sensor Market Revenues & Volume, By Media & Entertainment, 2021-2031F |
6.4.5 Latvia Drone Sensor Market Revenues & Volume, By Defense, 2021-2031F |
6.4.6 Latvia Drone Sensor Market Revenues & Volume, By Personal, 2021-2031F |
6.4.7 Latvia Drone Sensor Market Revenues & Volume, By Law Enforcement, 2021-2031F |
6.4.8 Latvia Drone Sensor Market Revenues & Volume, By Others (Retail, Education), 2021-2031F |
6.4.9 Latvia Drone Sensor Market Revenues & Volume, By Others (Retail, Education), 2021-2031F |
7 Latvia Drone Sensor Market Import-Export Trade Statistics |
7.1 Latvia Drone Sensor Market Export to Major Countries |
7.2 Latvia Drone Sensor Market Imports from Major Countries |
8 Latvia Drone Sensor Market Key Performance Indicators |
8.1 Average flight time of drones equipped with sensors |
8.2 Accuracy and resolution of data collected by drone sensors |
8.3 Rate of adoption of drone sensor technology in key industries in Latvia |
9 Latvia Drone Sensor Market - Opportunity Assessment |
9.1 Latvia Drone Sensor Market Opportunity Assessment, By Sensor Type, 2021 & 2031F |
9.2 Latvia Drone Sensor Market Opportunity Assessment, By Platform Type, 2021 & 2031F |
9.3 Latvia Drone Sensor Market Opportunity Assessment, By Application Type, 2021 & 2031F |
9.4 Latvia Drone Sensor Market Opportunity Assessment, By End-User Industry, 2021 & 2031F |
10 Latvia Drone Sensor Market - Competitive Landscape |
10.1 Latvia Drone Sensor Market Revenue Share, By Companies, 2024 |
10.2 Latvia Drone 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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