Latvia Electric Vehicle Driveline Market (2025-2031) | Trends, Share, Analysis, Companies, Competitive Landscape, Value, Size & Revenue, Growth, Outlook, Industry, Forecast, Segmentation
Market Forecast By Architecture Type (Series, Parallel, Power Split), By Transmission Type (Automatic Transmission, Dual-clutch Transmission, Electric-continuously Variable Transmission), By Motor Type (1 45-100 kW, 100-250 kW, 250 kW), By Vehicle Type (Hybrid Vehicles, Plug-in Hybrid Vehicles, Battery Electric Vehicles), By Drive Type (Front Wheel Drive (FWD), Rear Wheel Drive (RWD), All Wheel Drive (AWD)) And Competitive Landscape
| Product Code: ETC7910140 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia Electric Vehicle Driveline Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Latvia saw a decrease in the growth rate of electric vehicle driveline import shipments, with a notable decline of -8.03%. Despite this, the country continued to import primarily from Hungary, Germany, Poland, Lithuania, and Sweden. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), shifted from moderate to low concentration, indicating a more diversified import landscape. With a healthy compound annual growth rate (CAGR) of 7.74% from 2020 to 2024, Latvia`s electric vehicle driveline import market remains dynamic and promising for the future.
Key Highlights of the Report:
- Latvia Electric Vehicle Driveline Market Outlook
- Market Size of Latvia Electric Vehicle Driveline Market, 2024
- Forecast of Latvia Electric Vehicle Driveline Market, 2031
- Historical Data and Forecast of Latvia Electric Vehicle Driveline Revenues & Volume for the Period 2021- 2031
- Latvia Electric Vehicle Driveline Market Trend Evolution
- Latvia Electric Vehicle Driveline Market Drivers and Challenges
- Latvia Electric Vehicle Driveline Price Trends
- Latvia Electric Vehicle Driveline Porter's Five Forces
- Latvia Electric Vehicle Driveline Industry Life Cycle
- Historical Data and Forecast of Latvia Electric Vehicle Driveline Market Revenues & Volume By Architecture Type for the Period 2021- 2031
- Historical Data and Forecast of Latvia Electric Vehicle Driveline Market Revenues & Volume By Series for the Period 2021- 2031
- Historical Data and Forecast of Latvia Electric Vehicle Driveline Market Revenues & Volume By Parallel for the Period 2021- 2031
- Historical Data and Forecast of Latvia Electric Vehicle Driveline Market Revenues & Volume By Power Split for the Period 2021- 2031
- Historical Data and Forecast of Latvia Electric Vehicle Driveline Market Revenues & Volume By Transmission Type for the Period 2021- 2031
- Historical Data and Forecast of Latvia Electric Vehicle Driveline Market Revenues & Volume By Automatic Transmission for the Period 2021- 2031
- Historical Data and Forecast of Latvia Electric Vehicle Driveline Market Revenues & Volume By Dual-clutch Transmission for the Period 2021- 2031
- Historical Data and Forecast of Latvia Electric Vehicle Driveline Market Revenues & Volume By Electric-continuously Variable Transmission for the Period 2021- 2031
- Historical Data and Forecast of Latvia Electric Vehicle Driveline Market Revenues & Volume By Motor Type for the Period 2021- 2031
- Historical Data and Forecast of Latvia Electric Vehicle Driveline Market Revenues & Volume By 1 45-100 kW for the Period 2021- 2031
- Historical Data and Forecast of Latvia Electric Vehicle Driveline Market Revenues & Volume By 100-250 kW for the Period 2021- 2031
- Historical Data and Forecast of Latvia Electric Vehicle Driveline Market Revenues & Volume By 250 kW for the Period 2021- 2031
- Historical Data and Forecast of Latvia Electric Vehicle Driveline Market Revenues & Volume By Vehicle Type for the Period 2021- 2031
- Historical Data and Forecast of Latvia Electric Vehicle Driveline Market Revenues & Volume By Hybrid Vehicles for the Period 2021- 2031
- Historical Data and Forecast of Latvia Electric Vehicle Driveline Market Revenues & Volume By Plug-in Hybrid Vehicles for the Period 2021- 2031
- Historical Data and Forecast of Latvia Electric Vehicle Driveline Market Revenues & Volume By Battery Electric Vehicles for the Period 2021- 2031
- Historical Data and Forecast of Latvia Electric Vehicle Driveline Market Revenues & Volume By Drive Type for the Period 2021- 2031
- Historical Data and Forecast of Latvia Electric Vehicle Driveline Market Revenues & Volume By Front Wheel Drive (FWD) for the Period 2021- 2031
- Historical Data and Forecast of Latvia Electric Vehicle Driveline Market Revenues & Volume By Rear Wheel Drive (RWD) for the Period 2021- 2031
- Historical Data and Forecast of Latvia Electric Vehicle Driveline Market Revenues & Volume By All Wheel Drive (AWD) for the Period 2021- 2031
- Latvia Electric Vehicle Driveline Import Export Trade Statistics
- Market Opportunity Assessment By Architecture Type
- Market Opportunity Assessment By Transmission Type
- Market Opportunity Assessment By Motor Type
- Market Opportunity Assessment By Vehicle Type
- Market Opportunity Assessment By Drive Type
- Latvia Electric Vehicle Driveline Top Companies Market Share
- Latvia Electric Vehicle Driveline Competitive Benchmarking By Technical and Operational Parameters
- Latvia Electric Vehicle Driveline Company Profiles
- Latvia Electric Vehicle Driveline Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Electric Vehicle Driveline 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 Electric Vehicle Driveline Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Vehicle Driveline Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Electric Vehicle Driveline Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Electric Vehicle Driveline Market - Industry Life Cycle |
3.4 Latvia Electric Vehicle Driveline Market - Porter's Five Forces |
3.5 Latvia Electric Vehicle Driveline Market Revenues & Volume Share, By Architecture Type, 2021 & 2031F |
3.6 Latvia Electric Vehicle Driveline Market Revenues & Volume Share, By Transmission Type, 2021 & 2031F |
3.7 Latvia Electric Vehicle Driveline Market Revenues & Volume Share, By Motor Type, 2021 & 2031F |
3.8 Latvia Electric Vehicle Driveline Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.9 Latvia Electric Vehicle Driveline Market Revenues & Volume Share, By Drive Type, 2021 & 2031F |
4 Latvia Electric Vehicle Driveline Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives and subsidies for electric vehicles in Latvia |
4.2.2 Growing awareness and concern for environmental sustainability |
4.2.3 Advancements in electric driveline technology leading to improved performance and range |
4.3 Market Restraints |
4.3.1 High upfront costs associated with electric vehicles and driveline components |
4.3.2 Limited charging infrastructure in Latvia |
4.3.3 Concerns over battery life and long-term maintenance costs |
5 Latvia Electric Vehicle Driveline Market Trends |
6 Latvia Electric Vehicle Driveline Market, By Types |
6.1 Latvia Electric Vehicle Driveline Market, By Architecture Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Electric Vehicle Driveline Market Revenues & Volume, By Architecture Type, 2021- 2031F |
6.1.3 Latvia Electric Vehicle Driveline Market Revenues & Volume, By Series, 2021- 2031F |
6.1.4 Latvia Electric Vehicle Driveline Market Revenues & Volume, By Parallel, 2021- 2031F |
6.1.5 Latvia Electric Vehicle Driveline Market Revenues & Volume, By Power Split, 2021- 2031F |
6.2 Latvia Electric Vehicle Driveline Market, By Transmission Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Electric Vehicle Driveline Market Revenues & Volume, By Automatic Transmission, 2021- 2031F |
6.2.3 Latvia Electric Vehicle Driveline Market Revenues & Volume, By Dual-clutch Transmission, 2021- 2031F |
6.2.4 Latvia Electric Vehicle Driveline Market Revenues & Volume, By Electric-continuously Variable Transmission, 2021- 2031F |
6.3 Latvia Electric Vehicle Driveline Market, By Motor Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Electric Vehicle Driveline Market Revenues & Volume, By 1 45-100 kW, 2021- 2031F |
6.3.3 Latvia Electric Vehicle Driveline Market Revenues & Volume, By 100-250 kW, 2021- 2031F |
6.3.4 Latvia Electric Vehicle Driveline Market Revenues & Volume, By 250 kW, 2021- 2031F |
6.4 Latvia Electric Vehicle Driveline Market, By Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 Latvia Electric Vehicle Driveline Market Revenues & Volume, By Hybrid Vehicles, 2021- 2031F |
6.4.3 Latvia Electric Vehicle Driveline Market Revenues & Volume, By Plug-in Hybrid Vehicles, 2021- 2031F |
6.4.4 Latvia Electric Vehicle Driveline Market Revenues & Volume, By Battery Electric Vehicles, 2021- 2031F |
6.5 Latvia Electric Vehicle Driveline Market, By Drive Type |
6.5.1 Overview and Analysis |
6.5.2 Latvia Electric Vehicle Driveline Market Revenues & Volume, By Front Wheel Drive (FWD), 2021- 2031F |
6.5.3 Latvia Electric Vehicle Driveline Market Revenues & Volume, By Rear Wheel Drive (RWD), 2021- 2031F |
6.5.4 Latvia Electric Vehicle Driveline Market Revenues & Volume, By All Wheel Drive (AWD), 2021- 2031F |
7 Latvia Electric Vehicle Driveline Market Import-Export Trade Statistics |
7.1 Latvia Electric Vehicle Driveline Market Export to Major Countries |
7.2 Latvia Electric Vehicle Driveline Market Imports from Major Countries |
8 Latvia Electric Vehicle Driveline Market Key Performance Indicators |
8.1 Average charging station density per square kilometer in Latvia |
8.2 Percentage increase in government incentives for electric vehicle adoption |
8.3 Average range of electric vehicles using the driveline technology in Latvia |
9 Latvia Electric Vehicle Driveline Market - Opportunity Assessment |
9.1 Latvia Electric Vehicle Driveline Market Opportunity Assessment, By Architecture Type, 2021 & 2031F |
9.2 Latvia Electric Vehicle Driveline Market Opportunity Assessment, By Transmission Type, 2021 & 2031F |
9.3 Latvia Electric Vehicle Driveline Market Opportunity Assessment, By Motor Type, 2021 & 2031F |
9.4 Latvia Electric Vehicle Driveline Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.5 Latvia Electric Vehicle Driveline Market Opportunity Assessment, By Drive Type, 2021 & 2031F |
10 Latvia Electric Vehicle Driveline Market - Competitive Landscape |
10.1 Latvia Electric Vehicle Driveline Market Revenue Share, By Companies, 2024 |
10.2 Latvia Electric Vehicle Driveline Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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