Latvia Environmental Sensor Market (2025-2031) | Forecast, Size, Value, Outlook, Share, Growth, Companies, Revenue, Industry, Segmentation, Analysis & Trends
Market Forecast By Type (Temperature, Humidity, Air Quality, Ultraviolet, Integrated, Soil Moisture, Water Quality), By Location (Indoor, Outdoor, Portable), By Application (Smart Home Automation, Smart Office Automation, Smart City, Others), By Vertical (Commercial, Enterprise, Consumer Electronics, Residential, Healthcare and Pharmaceutical, Government Agencies and Public Utilities, Industrial) And Competitive Landscape
| Product Code: ETC5554248 | 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 |
Latvia Environmental Sensor Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Latvia continued to import environmental sensors predominantly from Germany, Poland, China, Lithuania, and Finland. The market remains diverse with a low concentration, indicated by the Herfindahl-Hirschman Index (HHI). However, the industry experienced a negative Compound Annual Growth Rate (CAGR) of -2.85% from 2020 to 2024, with a further decline in growth rate of -11.95% from 2023 to 2024. This data suggests a challenging market environment for environmental sensor imports in Latvia, highlighting potential shifts in demand or competitive dynamics within the industry.
Key Highlights of the Report:
- Latvia Environmental Sensor Market Outlook
- Market Size of Latvia Environmental Sensor Market, 2024
- Forecast of Latvia Environmental Sensor Market, 2031
- Historical Data and Forecast of Latvia Environmental Sensor Revenues & Volume for the Period 2021-2031
- Latvia Environmental Sensor Market Trend Evolution
- Latvia Environmental Sensor Market Drivers and Challenges
- Latvia Environmental Sensor Price Trends
- Latvia Environmental Sensor Porter`s Five Forces
- Latvia Environmental Sensor Industry Life Cycle
- Historical Data and Forecast of Latvia Environmental Sensor Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Latvia Environmental Sensor Market Revenues & Volume By Temperature for the Period 2021-2031
- Historical Data and Forecast of Latvia Environmental Sensor Market Revenues & Volume By Humidity for the Period 2021-2031
- Historical Data and Forecast of Latvia Environmental Sensor Market Revenues & Volume By Air Quality for the Period 2021-2031
- Historical Data and Forecast of Latvia Environmental Sensor Market Revenues & Volume By Ultraviolet for the Period 2021-2031
- Historical Data and Forecast of Latvia Environmental Sensor Market Revenues & Volume By Integrated for the Period 2021-2031
- Historical Data and Forecast of Latvia Environmental Sensor Market Revenues & Volume By Soil Moisture for the Period 2021-2031
- Historical Data and Forecast of Latvia Environmental Sensor Market Revenues & Volume By Water Quality for the Period 2021-2031
- Historical Data and Forecast of Latvia Environmental Sensor Market Revenues & Volume By Location for the Period 2021-2031
- Historical Data and Forecast of Latvia Environmental Sensor Market Revenues & Volume By Indoor for the Period 2021-2031
- Historical Data and Forecast of Latvia Environmental Sensor Market Revenues & Volume By Outdoor for the Period 2021-2031
- Historical Data and Forecast of Latvia Environmental Sensor Market Revenues & Volume By Portable for the Period 2021-2031
- Historical Data and Forecast of Latvia Environmental Sensor Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Latvia Environmental Sensor Market Revenues & Volume By Smart Home Automation for the Period 2021-2031
- Historical Data and Forecast of Latvia Environmental Sensor Market Revenues & Volume By Smart Office Automation for the Period 2021-2031
- Historical Data and Forecast of Latvia Environmental Sensor Market Revenues & Volume By Smart City for the Period 2021-2031
- Historical Data and Forecast of Latvia Environmental Sensor Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Latvia Environmental Sensor Market Revenues & Volume By Vertical for the Period 2021-2031
- Historical Data and Forecast of Latvia Environmental Sensor Market Revenues & Volume By Commercial for the Period 2021-2031
- Historical Data and Forecast of Latvia Environmental Sensor Market Revenues & Volume By Enterprise for the Period 2021-2031
- Historical Data and Forecast of Latvia Environmental Sensor Market Revenues & Volume By Consumer Electronics for the Period 2021-2031
- Historical Data and Forecast of Latvia Environmental Sensor Market Revenues & Volume By Residential for the Period 2021-2031
- Historical Data and Forecast of Latvia Environmental Sensor Market Revenues & Volume By Healthcare and Pharmaceutical for the Period 2021-2031
- Historical Data and Forecast of Latvia Environmental Sensor Market Revenues & Volume By Government Agencies and Public Utilities for the Period 2021-2031
- Historical Data and Forecast of Latvia Environmental Sensor Market Revenues & Volume By Industrial for the Period 2021-2031
- Latvia Environmental Sensor Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Location
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Vertical
- Latvia Environmental Sensor Top Companies Market Share
- Latvia Environmental Sensor Competitive Benchmarking By Technical and Operational Parameters
- Latvia Environmental Sensor Company Profiles
- Latvia Environmental Sensor Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Environmental Sensor 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 Environmental Sensor 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 Environmental Sensor Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Environmental Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Environmental Sensor Market - Industry Life Cycle |
3.4 Latvia Environmental Sensor Market - Porter's Five Forces |
3.5 Latvia Environmental Sensor Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.6 Latvia Environmental Sensor Market Revenues & Volume Share, By Location , 2021 & 2031F |
3.7 Latvia Environmental Sensor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Environmental Sensor Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Latvia Environmental Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives and regulations promoting environmental sustainability |
4.2.2 Growing awareness among industries and consumers about the importance of environmental monitoring |
4.2.3 Advancements in sensor technology leading to more accurate and cost-effective solutions |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with deploying environmental sensor systems |
4.3.2 Lack of standardization in environmental sensor technology and data interpretation |
4.3.3 Limited technical expertise and skilled workforce in the environmental sensor market |
5 Latvia Environmental Sensor Market Trends |
6 Latvia Environmental Sensor Market Segmentations |
6.1 Latvia Environmental Sensor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Environmental Sensor Market Revenues & Volume, By Temperature, 2021-2031F |
6.1.3 Latvia Environmental Sensor Market Revenues & Volume, By Humidity, 2021-2031F |
6.1.4 Latvia Environmental Sensor Market Revenues & Volume, By Air Quality, 2021-2031F |
6.1.5 Latvia Environmental Sensor Market Revenues & Volume, By Ultraviolet, 2021-2031F |
6.1.6 Latvia Environmental Sensor Market Revenues & Volume, By Integrated, 2021-2031F |
6.1.7 Latvia Environmental Sensor Market Revenues & Volume, By Soil Moisture, 2021-2031F |
6.2 Latvia Environmental Sensor Market, By Location |
6.2.1 Overview and Analysis |
6.2.2 Latvia Environmental Sensor Market Revenues & Volume, By Indoor, 2021-2031F |
6.2.3 Latvia Environmental Sensor Market Revenues & Volume, By Outdoor, 2021-2031F | 6.2.4 Latvia Environmental Sensor Market Revenues & Volume, By Portable, 2021-2031F |
6.3 Latvia Environmental Sensor Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Environmental Sensor Market Revenues & Volume, By Smart Home Automation, 2021-2031F |
6.3.3 Latvia Environmental Sensor Market Revenues & Volume, By Smart Office Automation, 2021-2031F |
6.3.4 Latvia Environmental Sensor Market Revenues & Volume, By Smart City, 2021-2031F |
6.3.5 Latvia Environmental Sensor Market Revenues & Volume, By Others, 2021-2031F |
6.4 Latvia Environmental Sensor Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 Latvia Environmental Sensor Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.3 Latvia Environmental Sensor Market Revenues & Volume, By Enterprise, 2021-2031F |
6.4.4 Latvia Environmental Sensor Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.4.5 Latvia Environmental Sensor Market Revenues & Volume, By Residential, 2021-2031F |
6.4.6 Latvia Environmental Sensor Market Revenues & Volume, By Healthcare and Pharmaceutical, 2021-2031F |
6.4.7 Latvia Environmental Sensor Market Revenues & Volume, By Government Agencies and Public Utilities, 2021-2031F |
7 Latvia Environmental Sensor Market Import-Export Trade Statistics |
7.1 Latvia Environmental Sensor Market Export to Major Countries |
7.2 Latvia Environmental Sensor Market Imports from Major Countries |
8 Latvia Environmental Sensor Market Key Performance Indicators |
8.1 Adoption rate of environmental sensor technologies in key industries |
8.2 Rate of compliance with environmental regulations among businesses |
8.3 Number of research and development initiatives focused on enhancing environmental sensor capabilities |
9 Latvia Environmental Sensor Market - Opportunity Assessment |
9.1 Latvia Environmental Sensor Market Opportunity Assessment, By Type , 2021 & 2031F |
9.2 Latvia Environmental Sensor Market Opportunity Assessment, By Location , 2021 & 2031F |
9.3 Latvia Environmental Sensor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Environmental Sensor Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Latvia Environmental Sensor Market - Competitive Landscape |
10.1 Latvia Environmental Sensor Market Revenue Share, By Companies, 2024 |
10.2 Latvia Environmental Sensor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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