| Product Code: ETC11931253 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Latvia`s EMC component import shipments in 2024 saw a significant increase in concentration, shifting from very low to low concentration based on the Herfindahl-Hirschman Index (HHI). Top exporting countries including Germany, China, Poland, Denmark, and the Netherlands indicate a diverse import market. Despite a negative compound annual growth rate (CAGR) from 2020-24, the growth rate in 2024 surged by 18.41%, showcasing a potential for expansion in the EMC component market in Latvia. This data suggests a growing interest in importing EMC components from various countries, pointing towards a positive outlook for the industry.

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 EMC Component Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia EMC Component Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia EMC Component Market - Industry Life Cycle |
3.4 Latvia EMC Component Market - Porter's Five Forces |
3.5 Latvia EMC Component Market Revenues & Volume Share, By Equipment Type, 2021 & 2031F |
3.6 Latvia EMC Component Market Revenues & Volume Share, By Load Type, 2021 & 2031F |
3.7 Latvia EMC Component Market Revenues & Volume Share, By Service Type, 2021 & 2031F |
3.8 Latvia EMC Component Market Revenues & Volume Share, By Offering, 2021 & 2031F |
3.9 Latvia EMC Component Market Revenues & Volume Share, By End user, 2021 & 2031F |
4 Latvia EMC Component Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia EMC Component Market Trends |
6 Latvia EMC Component Market, By Types |
6.1 Latvia EMC Component Market, By Equipment Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia EMC Component Market Revenues & Volume, By Equipment Type, 2021 - 2031F |
6.1.3 Latvia EMC Component Market Revenues & Volume, By EMI Shielding Tapes, 2021 - 2031F |
6.1.4 Latvia EMC Component Market Revenues & Volume, By Conductive Coatings and Paints, 2021 - 2031F |
6.1.5 Latvia EMC Component Market Revenues & Volume, By Metal Shielding & Test Equipment, 2021 - 2031F |
6.2 Latvia EMC Component Market, By Load Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia EMC Component Market Revenues & Volume, By Single Phase, 2021 - 2031F |
6.2.3 Latvia EMC Component Market Revenues & Volume, By Three Phase, 2021 - 2031F |
6.3 Latvia EMC Component Market, By Service Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia EMC Component Market Revenues & Volume, By Testing Services, 2021 - 2031F |
6.3.3 Latvia EMC Component Market Revenues & Volume, By Inspection Services, 2021 - 2031F |
6.3.4 Latvia EMC Component Market Revenues & Volume, By Certification Services, 2021 - 2031F |
6.3.5 Latvia EMC Component Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Latvia EMC Component Market, By Offering |
6.4.1 Overview and Analysis |
6.4.2 Latvia EMC Component Market Revenues & Volume, By Hardware, 2021 - 2031F |
6.4.3 Latvia EMC Component Market Revenues & Volume, By Software, 2021 - 2031F |
6.4.4 Latvia EMC Component Market Revenues & Volume, By Services, 2021 - 2031F |
6.5 Latvia EMC Component Market, By End user |
6.5.1 Overview and Analysis |
6.5.2 Latvia EMC Component Market Revenues & Volume, By Consumer Appliances & Electronics, 2021 - 2031F |
6.5.3 Latvia EMC Component Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.5.4 Latvia EMC Component Market Revenues & Volume, By Military & Aerospace, 2021 - 2031F |
6.5.5 Latvia EMC Component Market Revenues & Volume, By IT & Telecommunications, 2021 - 2031F |
6.5.6 Latvia EMC Component Market Revenues & Volume, By Medical, 2021 - 2031F |
6.5.7 Latvia EMC Component Market Revenues & Volume, By Industrial, 2021 - 2029F |
7 Latvia EMC Component Market Import-Export Trade Statistics |
7.1 Latvia EMC Component Market Export to Major Countries |
7.2 Latvia EMC Component Market Imports from Major Countries |
8 Latvia EMC Component Market Key Performance Indicators |
9 Latvia EMC Component Market - Opportunity Assessment |
9.1 Latvia EMC Component Market Opportunity Assessment, By Equipment Type, 2021 & 2031F |
9.2 Latvia EMC Component Market Opportunity Assessment, By Load Type, 2021 & 2031F |
9.3 Latvia EMC Component Market Opportunity Assessment, By Service Type, 2021 & 2031F |
9.4 Latvia EMC Component Market Opportunity Assessment, By Offering, 2021 & 2031F |
9.5 Latvia EMC Component Market Opportunity Assessment, By End user, 2021 & 2031F |
10 Latvia EMC Component Market - Competitive Landscape |
10.1 Latvia EMC Component Market Revenue Share, By Companies, 2024 |
10.2 Latvia EMC Component 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.
To discover high-growth global markets and optimize your business strategy:
Click Here