| Product Code: ETC7911661 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Latvia fractional horsepower (FHP) motors import market saw a shift in concentration from low to moderate in 2024, with top exporters being China, Poland, Lithuania, Switzerland, and the USA. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for 2020-2024 remained steady at 4.86%. This indicates a stable market with key players maintaining their presence. Continued monitoring of import trends and market dynamics will be crucial to capitalize on opportunities and navigate challenges in the Latvia FHP motors sector.

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 Fractional Horsepower (FHP) Motors Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Fractional Horsepower (FHP) Motors Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Fractional Horsepower (FHP) Motors Market - Industry Life Cycle |
3.4 Latvia Fractional Horsepower (FHP) Motors Market - Porter's Five Forces |
3.5 Latvia Fractional Horsepower (FHP) Motors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Fractional Horsepower (FHP) Motors Market Revenues & Volume Share, By Phase, 2021 & 2031F |
3.7 Latvia Fractional Horsepower (FHP) Motors Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Fractional Horsepower (FHP) Motors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for energy-efficient motors in Latvia |
4.2.2 Expansion of industrial and manufacturing sectors in the country |
4.2.3 Increasing automation and adoption of motor-driven equipment in various industries |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices affecting production costs |
4.3.2 Impact of economic downturns on overall demand for motors |
4.3.3 Stringent regulations on energy efficiency and environmental standards |
5 Latvia Fractional Horsepower (FHP) Motors Market Trends |
6 Latvia Fractional Horsepower (FHP) Motors Market, By Types |
6.1 Latvia Fractional Horsepower (FHP) Motors Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Fractional Horsepower (FHP) Motors Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Fractional Horsepower (FHP) Motors Market Revenues & Volume, By AC, 2021- 2031F |
6.1.4 Latvia Fractional Horsepower (FHP) Motors Market Revenues & Volume, By DC, 2021- 2031F |
6.2 Latvia Fractional Horsepower (FHP) Motors Market, By Phase |
6.2.1 Overview and Analysis |
6.2.2 Latvia Fractional Horsepower (FHP) Motors Market Revenues & Volume, By Single-Phase, 2021- 2031F |
6.2.3 Latvia Fractional Horsepower (FHP) Motors Market Revenues & Volume, By Three-Phase, 2021- 2031F |
6.3 Latvia Fractional Horsepower (FHP) Motors Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Fractional Horsepower (FHP) Motors Market Revenues & Volume, By Automotive and Transportation, 2021- 2031F |
6.3.3 Latvia Fractional Horsepower (FHP) Motors Market Revenues & Volume, By Household and Commercial Appliances, 2021- 2031F |
6.3.4 Latvia Fractional Horsepower (FHP) Motors Market Revenues & Volume, By Medical and Healthcare Devices, 2021- 2031F |
6.3.5 Latvia Fractional Horsepower (FHP) Motors Market Revenues & Volume, By Industrial, 2021- 2031F |
6.3.6 Latvia Fractional Horsepower (FHP) Motors Market Revenues & Volume, By Building and Construction, 2021- 2031F |
6.3.7 Latvia Fractional Horsepower (FHP) Motors Market Revenues & Volume, By HVAC, 2021- 2031F |
6.3.8 Latvia Fractional Horsepower (FHP) Motors Market Revenues & Volume, By Pulp and Paper, 2021- 2031F |
6.3.9 Latvia Fractional Horsepower (FHP) Motors Market Revenues & Volume, By Pulp and Paper, 2021- 2031F |
6.3.10 Latvia Fractional Horsepower (FHP) Motors Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Fractional Horsepower (FHP) Motors Market Import-Export Trade Statistics |
7.1 Latvia Fractional Horsepower (FHP) Motors Market Export to Major Countries |
7.2 Latvia Fractional Horsepower (FHP) Motors Market Imports from Major Countries |
8 Latvia Fractional Horsepower (FHP) Motors Market Key Performance Indicators |
8.1 Average energy efficiency rating of motors sold in the market |
8.2 Percentage of motor-driven equipment in key industries adopting energy-efficient motors |
8.3 Number of new industrial projects utilizing fractional horsepower motors |
8.4 Investment in research and development for innovative motor technologies |
8.5 Adoption rate of IoT-enabled motors in the market |
9 Latvia Fractional Horsepower (FHP) Motors Market - Opportunity Assessment |
9.1 Latvia Fractional Horsepower (FHP) Motors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Fractional Horsepower (FHP) Motors Market Opportunity Assessment, By Phase, 2021 & 2031F |
9.3 Latvia Fractional Horsepower (FHP) Motors Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Fractional Horsepower (FHP) Motors Market - Competitive Landscape |
10.1 Latvia Fractional Horsepower (FHP) Motors Market Revenue Share, By Companies, 2024 |
10.2 Latvia Fractional Horsepower (FHP) Motors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |