| Product Code: ETC4766375 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia continued to see a steady increase in electric scooter and motorcycle import shipments, with top exporting countries being Netherlands, Croatia, China, Italy, and Germany. Despite moderate concentration as indicated by the HHI, the industry experienced a healthy CAGR of 7.63% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -17.29%, suggesting a potential shift in market dynamics or external factors influencing the import trends in Latvia.

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 Electric Scooter and Motorcycle Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Electric Scooter and Motorcycle Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Electric Scooter and Motorcycle Market - Industry Life Cycle |
3.4 Latvia Electric Scooter and Motorcycle Market - Porter's Five Forces |
3.5 Latvia Electric Scooter and Motorcycle Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Latvia Electric Scooter and Motorcycle Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.7 Latvia Electric Scooter and Motorcycle Market Revenues & Volume Share, By Distance Covered, 2021 & 2031F |
3.8 Latvia Electric Scooter and Motorcycle Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.9 Latvia Electric Scooter and Motorcycle Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.10 Latvia Electric Scooter and Motorcycle Market Revenues & Volume Share, By Vehicle Class, 2021 & 2031F |
4 Latvia Electric Scooter and Motorcycle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness about environmental sustainability and the need for eco-friendly transportation options |
4.2.2 Government incentives and subsidies promoting the adoption of electric vehicles |
4.2.3 Increasing urbanization leading to congestion and the need for efficient modes of personal transportation |
4.3 Market Restraints |
4.3.1 High initial cost of electric scooters and motorcycles compared to traditional fuel-powered vehicles |
4.3.2 Limited charging infrastructure and range anxiety affecting consumer confidence |
4.3.3 Lack of standardization and regulations specific to electric scooters and motorcycles |
5 Latvia Electric Scooter and Motorcycle Market Trends |
6 Latvia Electric Scooter and Motorcycle Market Segmentations |
6.1 Latvia Electric Scooter and Motorcycle Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Electric Scooter and Motorcycle Market Revenues & Volume, By E-Scooter/Moped, 2021-2031F |
6.1.3 Latvia Electric Scooter and Motorcycle Market Revenues & Volume, By E-Motorcycle, 2021-2031F |
6.2 Latvia Electric Scooter and Motorcycle Market, By Battery Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Electric Scooter and Motorcycle Market Revenues & Volume, By Sealed lead acid, 2021-2031F |
6.2.3 Latvia Electric Scooter and Motorcycle Market Revenues & Volume, By Lithium-ion, 2021-2031F |
6.3 Latvia Electric Scooter and Motorcycle Market, By Distance Covered |
6.3.1 Overview and Analysis |
6.3.2 Latvia Electric Scooter and Motorcycle Market Revenues & Volume, By Below 75 miles, 2021-2031F |
6.3.3 Latvia Electric Scooter and Motorcycle Market Revenues & Volume, By 75-100 Miles, 2021-2031F |
6.3.4 Latvia Electric Scooter and Motorcycle Market Revenues & Volume, By Above 100 Miles, 2021-2031F |
6.4 Latvia Electric Scooter and Motorcycle Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Latvia Electric Scooter and Motorcycle Market Revenues & Volume, By Plug-in, 2021-2031F |
6.4.3 Latvia Electric Scooter and Motorcycle Market Revenues & Volume, By Battery, 2021-2031F |
6.5 Latvia Electric Scooter and Motorcycle Market, By Voltage |
6.5.1 Overview and Analysis |
6.5.2 Latvia Electric Scooter and Motorcycle Market Revenues & Volume, By 36V, 2021-2031F |
6.5.3 Latvia Electric Scooter and Motorcycle Market Revenues & Volume, By 48V, 2021-2031F |
6.5.4 Latvia Electric Scooter and Motorcycle Market Revenues & Volume, By 60V, 2021-2031F |
6.5.5 Latvia Electric Scooter and Motorcycle Market Revenues & Volume, By 72V, 2021-2031F |
6.6 Latvia Electric Scooter and Motorcycle Market, By Vehicle Class |
6.6.1 Overview and Analysis |
6.6.2 Latvia Electric Scooter and Motorcycle Market Revenues & Volume, By Economy, 2021-2031F |
6.6.3 Latvia Electric Scooter and Motorcycle Market Revenues & Volume, By Luxury, 2021-2031F |
7 Latvia Electric Scooter and Motorcycle Market Import-Export Trade Statistics |
7.1 Latvia Electric Scooter and Motorcycle Market Export to Major Countries |
7.2 Latvia Electric Scooter and Motorcycle Market Imports from Major Countries |
8 Latvia Electric Scooter and Motorcycle Market Key Performance Indicators |
8.1 Average daily usage time per electric scooter or motorcycle |
8.2 Number of new charging stations installed in key urban areas |
8.3 Percentage of government budget allocated to support the electric vehicle market |
8.4 Average waiting time for maintenance or repair services for electric scooters and motorcycles |
8.5 Number of training programs or workshops conducted to educate consumers about the benefits of electric vehicles |
9 Latvia Electric Scooter and Motorcycle Market - Opportunity Assessment |
9.1 Latvia Electric Scooter and Motorcycle Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Latvia Electric Scooter and Motorcycle Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
9.3 Latvia Electric Scooter and Motorcycle Market Opportunity Assessment, By Distance Covered, 2021 & 2031F |
9.4 Latvia Electric Scooter and Motorcycle Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.5 Latvia Electric Scooter and Motorcycle Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.6 Latvia Electric Scooter and Motorcycle Market Opportunity Assessment, By Vehicle Class, 2021 & 2031F |
10 Latvia Electric Scooter and Motorcycle Market - Competitive Landscape |
10.1 Latvia Electric Scooter and Motorcycle Market Revenue Share, By Companies, 2024 |
10.2 Latvia Electric Scooter and Motorcycle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |