| Product Code: ETC5598138 | 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 |
The import shipments of explosion-proof lighting to Latvia in 2024 saw a significant increase in growth rate, with top exporting countries being Poland, Estonia, Metropolitan France, China, and Lithuania. The Herfindahl-Hirschman Index (HHI) indicated a shift from high to moderate concentration in 2024, reflecting a more evenly distributed market. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, the impressive growth rate in 2024 highlights a promising trend in the market for explosion-proof lighting in Latvia.

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 Explosion-proof Lighting Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Explosion-proof Lighting Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Explosion-proof Lighting Market - Industry Life Cycle |
3.4 Latvia Explosion-proof Lighting Market - Porter's Five Forces |
3.5 Latvia Explosion-proof Lighting Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.6 Latvia Explosion-proof Lighting Market Revenues & Volume Share, By Light Source , 2021 & 2031F |
3.7 Latvia Explosion-proof Lighting Market Revenues & Volume Share, By Safety Rating, 2021 & 2031F |
3.8 Latvia Explosion-proof Lighting Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
3.9 Latvia Explosion-proof Lighting Market Revenues & Volume Share, By Hazardous Location, 2021 & 2031F |
4 Latvia Explosion-proof Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrial activities in Latvia, leading to higher demand for explosion-proof lighting in hazardous environments. |
4.2.2 Stringent regulations and safety standards mandating the use of explosion-proof lighting in various industries in Latvia. |
4.2.3 Growth in infrastructure development projects in Latvia, driving the need for explosion-proof lighting in construction and renovation activities. |
4.3 Market Restraints |
4.3.1 High initial costs associated with explosion-proof lighting systems may deter some businesses from investing in them. |
4.3.2 Limited awareness among end-users about the benefits and importance of explosion-proof lighting in hazardous environments. |
4.3.3 Economic fluctuations and uncertainties impacting the overall investment capacity of businesses in Latvia. |
5 Latvia Explosion-proof Lighting Market Trends |
6 Latvia Explosion-proof Lighting Market Segmentations |
6.1 Latvia Explosion-proof Lighting Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Explosion-proof Lighting Market Revenues & Volume, By High Bay & Low Bay, 2021-2031F |
6.1.3 Latvia Explosion-proof Lighting Market Revenues & Volume, By Linear, 2021-2031F |
6.1.4 Latvia Explosion-proof Lighting Market Revenues & Volume, By Flood, 2021-2031F |
6.2 Latvia Explosion-proof Lighting Market, By Light Source |
6.2.1 Overview and Analysis |
6.2.2 Latvia Explosion-proof Lighting Market Revenues & Volume, By LED, 2021-2031F |
6.2.3 Latvia Explosion-proof Lighting Market Revenues & Volume, By Fluorescent, 2021-2031F |
6.3 Latvia Explosion-proof Lighting Market, By Safety Rating |
6.3.1 Overview and Analysis |
6.3.2 Latvia Explosion-proof Lighting Market Revenues & Volume, By Class 1, 2021-2031F |
6.3.3 Latvia Explosion-proof Lighting Market Revenues & Volume, By Class 2, 2021-2031F |
6.3.4 Latvia Explosion-proof Lighting Market Revenues & Volume, By Class 3, 2021-2031F |
6.4 Latvia Explosion-proof Lighting Market, By End-user Industry |
6.4.1 Overview and Analysis |
6.4.2 Latvia Explosion-proof Lighting Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.4.3 Latvia Explosion-proof Lighting Market Revenues & Volume, By Chemical & Pharmaceutical, 2021-2031F |
6.4.4 Latvia Explosion-proof Lighting Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.4.5 Latvia Explosion-proof Lighting Market Revenues & Volume, By Mining, 2021-2031F |
6.4.6 Latvia Explosion-proof Lighting Market Revenues & Volume, By Energy & Power, 2021-2031F |
6.4.7 Latvia Explosion-proof Lighting Market Revenues & Volume, By Others, 2021-2031F |
6.5 Latvia Explosion-proof Lighting Market, By Hazardous Location |
6.5.1 Overview and Analysis |
6.5.2 Latvia Explosion-proof Lighting Market Revenues & Volume, By Zone 1, 2021-2031F |
6.5.3 Latvia Explosion-proof Lighting Market Revenues & Volume, By Zone 2, 2021-2031F |
6.5.4 Latvia Explosion-proof Lighting Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Explosion-proof Lighting Market Import-Export Trade Statistics |
7.1 Latvia Explosion-proof Lighting Market Export to Major Countries |
7.2 Latvia Explosion-proof Lighting Market Imports from Major Countries |
8 Latvia Explosion-proof Lighting Market Key Performance Indicators |
8.1 Number of industrial accidents/incidents in hazardous environments where explosion-proof lighting was not installed. |
8.2 Percentage of businesses in key industries compliant with safety regulations regarding explosion-proof lighting. |
8.3 Growth in the number of infrastructure projects requiring explosion-proof lighting solutions. |
8.4 Adoption rate of energy-efficient explosion-proof lighting technologies in Latvia. |
8.5 Rate of new product developments and innovations in the explosion-proof lighting market in Latvia. |
9 Latvia Explosion-proof Lighting Market - Opportunity Assessment |
9.1 Latvia Explosion-proof Lighting Market Opportunity Assessment, By Type , 2021 & 2031F |
9.2 Latvia Explosion-proof Lighting Market Opportunity Assessment, By Light Source , 2021 & 2031F |
9.3 Latvia Explosion-proof Lighting Market Opportunity Assessment, By Safety Rating, 2021 & 2031F |
9.4 Latvia Explosion-proof Lighting Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
9.5 Latvia Explosion-proof Lighting Market Opportunity Assessment, By Hazardous Location, 2021 & 2031F |
10 Latvia Explosion-proof Lighting Market - Competitive Landscape |
10.1 Latvia Explosion-proof Lighting Market Revenue Share, By Companies, 2024 |
10.2 Latvia Explosion-proof Lighting Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |