Latvia Energy Efficient Lamps And Ballasts Market (2025-2031) | Segmentation, Companies, Trends, Forecast, Share, Analysis, Outlook, Industry, Size, Value, Growth & Revenue

Market Forecast By Type (Fluorescent lamps, Compact Fluorescent Lamps (CFLs), LED (light emitting diode) lamps, HID (high intensity discharge) lamps), By Ballasts Type (Magnetic fluorescent ballasts, Electronic fluorescent ballasts, CFL ballasts, LED driver modules, Magnetic HID ballasts, Electronic HID ballasts), By Application (Industrial Lighting, Commercial Lighting) And Competitive Landscape
Product Code: ETC5119889 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

Latvia Energy Efficient Lamps and Ballasts Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The import shipments of energy-efficient lamps and ballasts in Latvia saw a significant shift in concentration from very high in 2023 to high in 2024, indicating a more balanced market landscape. Top exporting countries like Germany, Estonia, and China continue to play a key role in supplying these products to Latvia. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 remained positive at 3.58%, reflecting a steady demand for energy-efficient lighting solutions in the Latvian market.

Latvia Energy Efficient Lamps and Ballasts Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia Energy Efficient Lamps And Ballasts Market Outlook
  • Market Size of Latvia Energy Efficient Lamps And Ballasts Market, 2024
  • Forecast of Latvia Energy Efficient Lamps And Ballasts Market, 2031
  • Historical Data and Forecast of Latvia Energy Efficient Lamps And Ballasts Revenues & Volume for the Period 2021-2031
  • Latvia Energy Efficient Lamps And Ballasts Market Trend Evolution
  • Latvia Energy Efficient Lamps And Ballasts Market Drivers and Challenges
  • Latvia Energy Efficient Lamps And Ballasts Price Trends
  • Latvia Energy Efficient Lamps And Ballasts Porter`s Five Forces
  • Latvia Energy Efficient Lamps And Ballasts Industry Life Cycle
  • Historical Data and Forecast of Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume By Fluorescent lamps for the Period 2021-2031
  • Historical Data and Forecast of Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume By Compact Fluorescent Lamps (CFLs) for the Period 2021-2031
  • Historical Data and Forecast of Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume By LED (light emitting diode) lamps for the Period 2021-2031
  • Historical Data and Forecast of Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume By HID (high intensity discharge) lamps for the Period 2021-2031
  • Historical Data and Forecast of Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume By Ballasts Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume By Magnetic fluorescent ballasts for the Period 2021-2031
  • Historical Data and Forecast of Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume By Electronic fluorescent ballasts for the Period 2021-2031
  • Historical Data and Forecast of Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume By CFL ballasts for the Period 2021-2031
  • Historical Data and Forecast of Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume By LED driver modules for the Period 2021-2031
  • Historical Data and Forecast of Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume By Magnetic HID ballasts for the Period 2021-2031
  • Historical Data and Forecast of Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume By Electronic HID ballasts for the Period 2021-2031
  • Historical Data and Forecast of Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume By Industrial Lighting for the Period 2021-2031
  • Historical Data and Forecast of Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume By Commercial Lighting for the Period 2021-2031
  • Latvia Energy Efficient Lamps And Ballasts Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Ballasts Type
  • Market Opportunity Assessment By Application
  • Latvia Energy Efficient Lamps And Ballasts Top Companies Market Share
  • Latvia Energy Efficient Lamps And Ballasts Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Energy Efficient Lamps And Ballasts Company Profiles
  • Latvia Energy Efficient Lamps And Ballasts Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Energy Efficient Lamps And Ballasts 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 Energy Efficient Lamps And Ballasts 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 Energy Efficient Lamps And Ballasts Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Energy Efficient Lamps And Ballasts Market - Industry Life Cycle

3.4 Latvia Energy Efficient Lamps And Ballasts Market - Porter's Five Forces

3.5 Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume Share, By Ballasts Type, 2021 & 2031F

3.7 Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia Energy Efficient Lamps And Ballasts Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing awareness and focus on energy efficiency and sustainability in Latvia

4.2.2 Government regulations and incentives promoting the use of energy-efficient lighting solutions

4.2.3 Technological advancements leading to more efficient and cost-effective energy-efficient lamps and ballasts

4.3 Market Restraints

4.3.1 High initial costs associated with energy-efficient lamps and ballasts

4.3.2 Limited consumer awareness and education about the benefits of energy-efficient lighting solutions

4.3.3 Competition from traditional lighting technologies

5 Latvia Energy Efficient Lamps And Ballasts Market Trends

6 Latvia Energy Efficient Lamps And Ballasts Market Segmentations

6.1 Latvia Energy Efficient Lamps And Ballasts Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume, By Fluorescent lamps, 2021-2031F

6.1.3 Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume, By Compact Fluorescent Lamps (CFLs), 2021-2031F

6.1.4 Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume, By LED (light emitting diode) lamps, 2021-2031F

6.1.5 Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume, By HID (high intensity discharge) lamps, 2021-2031F

6.2 Latvia Energy Efficient Lamps And Ballasts Market, By Ballasts Type

6.2.1 Overview and Analysis

6.2.2 Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume, By Magnetic fluorescent ballasts, 2021-2031F

6.2.3 Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume, By Electronic fluorescent ballasts, 2021-2031F

6.2.4 Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume, By CFL ballasts, 2021-2031F

6.2.5 Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume, By LED driver modules, 2021-2031F

6.2.6 Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume, By Magnetic HID ballasts, 2021-2031F

6.2.7 Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume, By Electronic HID ballasts, 2021-2031F

6.3 Latvia Energy Efficient Lamps And Ballasts Market, By Application

6.3.1 Overview and Analysis

6.3.2 Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume, By Industrial Lighting, 2021-2031F

6.3.3 Latvia Energy Efficient Lamps And Ballasts Market Revenues & Volume, By Commercial Lighting, 2021-2031F

7 Latvia Energy Efficient Lamps And Ballasts Market Import-Export Trade Statistics

7.1 Latvia Energy Efficient Lamps And Ballasts Market Export to Major Countries

7.2 Latvia Energy Efficient Lamps And Ballasts Market Imports from Major Countries

8 Latvia Energy Efficient Lamps And Ballasts Market Key Performance Indicators

8.1 Energy savings achieved by the adoption of energy-efficient lamps and ballasts

8.2 Percentage increase in the number of energy-efficient lighting installations in Latvia

8.3 Reduction in greenhouse gas emissions attributed to the use of energy-efficient lighting solutions

9 Latvia Energy Efficient Lamps And Ballasts Market - Opportunity Assessment

9.1 Latvia Energy Efficient Lamps And Ballasts Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Energy Efficient Lamps And Ballasts Market Opportunity Assessment, By Ballasts Type, 2021 & 2031F

9.3 Latvia Energy Efficient Lamps And Ballasts Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia Energy Efficient Lamps And Ballasts Market - Competitive Landscape

10.1 Latvia Energy Efficient Lamps And Ballasts Market Revenue Share, By Companies, 2024

10.2 Latvia Energy Efficient Lamps And Ballasts Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Thought Leadership and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Related Reports

Industry Events and Analyst Meet

Whitepaper

Read All