| 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 |
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.

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 |