Latvia EV Cables Market (2025-2031) | Trends, Value, Forecast, Analysis, Segmentation, Industry, Share, Revenue, Size, Growth, Companies & Outlook
Market Forecast By Type (BEV, HEV, PHEV), By Voltage (Low, High), By EV Application (Engine & Powertrain, Battery & Charging Management), By EV Type (BEV, HEV, PHEV, FCEV), By Insulation Material (Silicon Rubber Jacket, Fluoropolymers, Thermoplastics, Others), By Components (Wires, Connectors/Terminals, Fuses, Others), By Voltage (Low, Medium, High, Very high), By High Voltage Type (Engine & Powertrain, Battery & Battery Management, Charging Management, Power Electronics, Others) And Competitive Landscape
| Product Code: ETC5897654 | 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 Ev Cables Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Latvia continued to see a significant influx of EV cables imports, with top exporters being Germany, Moldova, Lithuania, Estonia, and Sweden. The market remains highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 remained robust at 15.78%. This data suggests a continued strong demand for EV cables in Latvia, with key players from neighboring countries dominating the market.
Key Highlights of the Report:
- Latvia EV Cables Market Outlook
- Market Size of Latvia EV Cables Market, 2024
- Forecast of Latvia EV Cables Market, 2031
- Historical Data and Forecast of Latvia EV Cables Revenues & Volume for the Period 2021-2031
- Latvia EV Cables Market Trend Evolution
- Latvia EV Cables Market Drivers and Challenges
- Latvia EV Cables Price Trends
- Latvia EV Cables Porter`s Five Forces
- Latvia EV Cables Industry Life Cycle
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By BEV for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By HEV for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By PHEV for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By Voltage for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By Low for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By High for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By EV Application for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By Engine & Powertrain for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By Battery & Charging Management for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By EV Type for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By BEV for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By HEV for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By PHEV for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By FCEV for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By Insulation Material for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By Silicon Rubber Jacket for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By Fluoropolymers for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By Thermoplastics for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By Components for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By Wires for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By Connectors/Terminals for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By Fuses for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By Voltage for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By Low for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By Medium for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By High for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By Very high for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By High Voltage Type for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By Engine & Powertrain for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By Battery & Battery Management for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By Charging Management for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By Power Electronics for the Period 2021-2031
- Historical Data and Forecast of Latvia EV Cables Market Revenues & Volume By Others for the Period 2021-2031
- Latvia EV Cables Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Voltage
- Market Opportunity Assessment By EV Application
- Market Opportunity Assessment By EV Type
- Market Opportunity Assessment By Insulation Material
- Market Opportunity Assessment By Components
- Market Opportunity Assessment By Voltage
- Market Opportunity Assessment By High Voltage Type
- Latvia EV Cables Top Companies Market Share
- Latvia EV Cables Competitive Benchmarking By Technical and Operational Parameters
- Latvia EV Cables Company Profiles
- Latvia EV Cables Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia EV Cables 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 EV Cables 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 EV Cables Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia EV Cables Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia EV Cables Market - Industry Life Cycle |
3.4 Latvia EV Cables Market - Porter's Five Forces |
3.5 Latvia EV Cables Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia EV Cables Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.7 Latvia EV Cables Market Revenues & Volume Share, By EV Application, 2021 & 2031F |
3.8 Latvia EV Cables Market Revenues & Volume Share, By EV Type, 2021 & 2031F |
3.9 Latvia EV Cables Market Revenues & Volume Share, By Insulation Material, 2021 & 2031F |
3.10 Latvia EV Cables Market Revenues & Volume Share, By Components, 2021 & 2031F |
3.11 Latvia EV Cables Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
4 Latvia EV Cables Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives and incentives promoting the adoption of electric vehicles in Latvia |
4.2.2 Increasing environmental awareness and push towards sustainability |
4.2.3 Growing investment in EV charging infrastructure in Latvia |
4.3 Market Restraints |
4.3.1 High initial costs associated with purchasing and installing EV charging stations |
4.3.2 Lack of standardized regulations and infrastructure for EV charging across Latvia |
5 Latvia EV Cables Market Trends |
6 Latvia EV Cables Market Segmentations |
6.1 Latvia EV Cables Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia EV Cables Market Revenues & Volume, By BEV, 2021-2031F |
6.1.3 Latvia EV Cables Market Revenues & Volume, By HEV, 2021-2031F |
6.1.4 Latvia EV Cables Market Revenues & Volume, By PHEV, 2021-2031F |
6.2 Latvia EV Cables Market, By Voltage |
6.2.1 Overview and Analysis |
6.2.2 Latvia EV Cables Market Revenues & Volume, By Low, 2021-2031F |
6.2.3 Latvia EV Cables Market Revenues & Volume, By High, 2021-2031F |
6.3 Latvia EV Cables Market, By EV Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia EV Cables Market Revenues & Volume, By Engine & Powertrain, 2021-2031F |
6.3.3 Latvia EV Cables Market Revenues & Volume, By Battery & Charging Management, 2021-2031F |
6.4 Latvia EV Cables Market, By EV Type |
6.4.1 Overview and Analysis |
6.4.2 Latvia EV Cables Market Revenues & Volume, By BEV, 2021-2031F |
6.4.3 Latvia EV Cables Market Revenues & Volume, By HEV, 2021-2031F |
6.4.4 Latvia EV Cables Market Revenues & Volume, By PHEV, 2021-2031F |
6.4.5 Latvia EV Cables Market Revenues & Volume, By FCEV, 2021-2031F |
6.5 Latvia EV Cables Market, By Insulation Material |
6.5.1 Overview and Analysis |
6.5.2 Latvia EV Cables Market Revenues & Volume, By Silicon Rubber Jacket, 2021-2031F |
6.5.3 Latvia EV Cables Market Revenues & Volume, By Fluoropolymers, 2021-2031F |
6.5.4 Latvia EV Cables Market Revenues & Volume, By Thermoplastics, 2021-2031F |
6.5.5 Latvia EV Cables Market Revenues & Volume, By Others, 2021-2031F |
6.6 Latvia EV Cables Market, By Components |
6.6.1 Overview and Analysis |
6.6.2 Latvia EV Cables Market Revenues & Volume, By Wires, 2021-2031F |
6.6.3 Latvia EV Cables Market Revenues & Volume, By Connectors/Terminals, 2021-2031F |
6.6.4 Latvia EV Cables Market Revenues & Volume, By Fuses, 2021-2031F |
6.6.5 Latvia EV Cables Market Revenues & Volume, By Others, 2021-2031F |
6.7 Latvia EV Cables Market, By Voltage |
6.7.1 Overview and Analysis |
6.7.2 Latvia EV Cables Market Revenues & Volume, By Low, 2021-2031F |
6.7.3 Latvia EV Cables Market Revenues & Volume, By Medium, 2021-2031F |
6.7.4 Latvia EV Cables Market Revenues & Volume, By Very high, 2021-2031F |
6.7.5 Latvia EV Cables Market Revenues & Volume, By Very high, 2021-2031F |
6.8 Latvia EV Cables Market, By High Voltage Type |
6.8.1 Overview and Analysis |
6.8.2 Latvia EV Cables Market Revenues & Volume, By Engine & Powertrain, 2021-2031F |
6.8.3 Latvia EV Cables Market Revenues & Volume, By Battery & Battery Management, 2021-2031F |
6.8.4 Latvia EV Cables Market Revenues & Volume, By Power Electronics, 2021-2031F |
6.8.5 Latvia EV Cables Market Revenues & Volume, By Power Electronics, 2021-2031F |
6.8.6 Latvia EV Cables Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia EV Cables Market Import-Export Trade Statistics |
7.1 Latvia EV Cables Market Export to Major Countries |
7.2 Latvia EV Cables Market Imports from Major Countries |
8 Latvia EV Cables Market Key Performance Indicators |
8.1 Number of public charging stations installed in Latvia |
8.2 Percentage increase in EV sales in Latvia |
8.3 Average charging time for EVs in Latvia |
9 Latvia EV Cables Market - Opportunity Assessment |
9.1 Latvia EV Cables Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia EV Cables Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.3 Latvia EV Cables Market Opportunity Assessment, By EV Application, 2021 & 2031F |
9.4 Latvia EV Cables Market Opportunity Assessment, By EV Type, 2021 & 2031F |
9.5 Latvia EV Cables Market Opportunity Assessment, By Insulation Material, 2021 & 2031F |
9.6 Latvia EV Cables Market Opportunity Assessment, By Components, 2021 & 2031F |
9.7 Latvia EV Cables Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.7 Latvia EV Cables Market Opportunity Assessment, By High Voltage Type, 2021 & 2031F |
10 Latvia EV Cables Market - Competitive Landscape |
10.1 Latvia EV Cables Market Revenue Share, By Companies, 2024 |
10.2 Latvia EV Cables Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential assessment - trade Analytics for 2030
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.
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