Latvia Floating Wind Power Market (2025-2031) | Segmentation, Growth, Size, Value, Outlook, Forecast, Revenue, Companies, Industry, Share, Trends & Analysis

Name: Latvia Floating Wind Power Market (2025-2031) | Trends & Outlook Growth
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Floating Wind Power Market, Latvia Floating Wind Power Market, Latvia Floating Wind Power Market Revenues, Latvia Floating Wind Power Market Share, Latvia Floating Wind Power Market Size, Latvia Floating Wind Power Market Outlook, Latvia Floating Wind Power Market Report, Latvia Floating Wind Power Market Competition, Latvia Floating Wind Power Market Overview, Latvia Floating Wind Power Market Trends, Latvia Floating Wind Power Market Forecast

Market Forecast By Water Depth (Shallow Water (< 30m Depth), Transitional Water (30m - 60m Depth), Deep Water (> 60m Depth)), By Capacity (Up to 3 MW, 3 MW to 5 MW, Above 5 MW) And Competitive Landscape

Product Code: ETC5121618	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 Floating Wind Power Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The import shipments of floating wind power to Latvia in 2024 continued to be dominated by key exporters such as China, Hong Kong, Metropolitan France, Canada, and Lithuania. Despite a high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the industry experienced a significant decline in both the Compound Annual Growth Rate (CAGR) and the growth rate from 2023 to 2024. This downward trend could be attributed to various factors affecting the market dynamics and demand for floating wind power technology in Latvia.

Latvia Floating Wind Power Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Latvia Floating Wind Power Market Outlook
Market Size of Latvia Floating Wind Power Market, 2024
Forecast of Latvia Floating Wind Power Market, 2031
Historical Data and Forecast of Latvia Floating Wind Power Revenues & Volume for the Period 2021-2031
Latvia Floating Wind Power Market Trend Evolution
Latvia Floating Wind Power Market Drivers and Challenges
Latvia Floating Wind Power Price Trends
Latvia Floating Wind Power Porter`s Five Forces
Latvia Floating Wind Power Industry Life Cycle
Historical Data and Forecast of Latvia Floating Wind Power Market Revenues & Volume By Water Depth for the Period 2021-2031
Historical Data and Forecast of Latvia Floating Wind Power Market Revenues & Volume By Shallow Water (< 30m Depth) for the Period 2021-2031
Historical Data and Forecast of Latvia Floating Wind Power Market Revenues & Volume By Transitional Water (30m - 60m Depth) for the Period 2021-2031
Historical Data and Forecast of Latvia Floating Wind Power Market Revenues & Volume By Deep Water (> 60m Depth) for the Period 2021-2031
Historical Data and Forecast of Latvia Floating Wind Power Market Revenues & Volume By Capacity for the Period 2021-2031
Historical Data and Forecast of Latvia Floating Wind Power Market Revenues & Volume By Up to 3 MW for the Period 2021-2031
Historical Data and Forecast of Latvia Floating Wind Power Market Revenues & Volume By 3 MW to 5 MW for the Period 2021-2031
Historical Data and Forecast of Latvia Floating Wind Power Market Revenues & Volume By Above 5 MW for the Period 2021-2031
Latvia Floating Wind Power Import Export Trade Statistics
Market Opportunity Assessment By Water Depth
Market Opportunity Assessment By Capacity
Latvia Floating Wind Power Top Companies Market Share
Latvia Floating Wind Power Competitive Benchmarking By Technical and Operational Parameters
Latvia Floating Wind Power Company Profiles
Latvia Floating Wind Power Key Strategic Recommendations

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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 Floating Wind Power Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Floating Wind Power Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Floating Wind Power Market - Industry Life Cycle

3.4 Latvia Floating Wind Power Market - Porter's Five Forces

3.5 Latvia Floating Wind Power Market Revenues & Volume Share, By Water Depth, 2021 & 2031F

3.6 Latvia Floating Wind Power Market Revenues & Volume Share, By Capacity, 2021 & 2031F

4 Latvia Floating Wind Power Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing focus on renewable energy sources in Latvia

4.2.2 Favorable government policies and incentives for floating wind power projects

4.2.3 Technological advancements in floating wind turbine technology

4.3 Market Restraints

4.3.1 High initial investment costs for floating wind power projects

4.3.2 Lack of infrastructure and expertise for floating wind power installations in Latvia

5 Latvia Floating Wind Power Market Trends

6 Latvia Floating Wind Power Market Segmentations

6.1 Latvia Floating Wind Power Market, By Water Depth

6.1.1 Overview and Analysis

6.1.2 Latvia Floating Wind Power Market Revenues & Volume, By Shallow Water (< 30m Depth), 2021-2031F

6.1.3 Latvia Floating Wind Power Market Revenues & Volume, By Transitional Water (30m - 60m Depth), 2021-2031F

6.1.4 Latvia Floating Wind Power Market Revenues & Volume, By Deep Water (> 60m Depth), 2021-2031F

6.2 Latvia Floating Wind Power Market, By Capacity

6.2.1 Overview and Analysis

6.2.2 Latvia Floating Wind Power Market Revenues & Volume, By Up to 3 MW, 2021-2031F

6.2.3 Latvia Floating Wind Power Market Revenues & Volume, By 3 MW to 5 MW, 2021-2031F

6.2.4 Latvia Floating Wind Power Market Revenues & Volume, By Above 5 MW, 2021-2031F

7 Latvia Floating Wind Power Market Import-Export Trade Statistics

7.1 Latvia Floating Wind Power Market Export to Major Countries

7.2 Latvia Floating Wind Power Market Imports from Major Countries

8 Latvia Floating Wind Power Market Key Performance Indicators

8.1 Capacity factor of floating wind turbines

8.2 Levelized cost of energy (LCOE) for floating wind power projects

8.3 Number of new floating wind power projects announced or approved in Latvia

9 Latvia Floating Wind Power Market - Opportunity Assessment

9.1 Latvia Floating Wind Power Market Opportunity Assessment, By Water Depth, 2021 & 2031F

9.2 Latvia Floating Wind Power Market Opportunity Assessment, By Capacity, 2021 & 2031F

10 Latvia Floating Wind Power Market - Competitive Landscape

10.1 Latvia Floating Wind Power Market Revenue Share, By Companies, 2024

10.2 Latvia Floating Wind Power Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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