| Product Code: ETC12222517 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The import shipments of gate driver ICs to Latvia in 2024 saw a significant shift in concentration, with top exporting countries being China, USA, Taiwan, Germany, and the Philippines. The Herfindahl-Hirschman Index (HHI) indicated low concentration in 2023 but rose to very high concentration in 2024. The compound annual growth rate (CAGR) for the period 2020-2024 was -7.67%, while the growth rate from 2023 to 2024 plummeted by -53.38%. These trends suggest a dynamic market landscape with changing supplier dynamics and potential challenges in the import market for gate driver ICs 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 Gate Driver IC Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Gate Driver IC Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Gate Driver IC Market - Industry Life Cycle |
3.4 Latvia Gate Driver IC Market - Porter's Five Forces |
3.5 Latvia Gate Driver IC Market Revenues & Volume Share, By Transistor Type, 2021 & 2031F |
3.6 Latvia Gate Driver IC Market Revenues & Volume Share, By Semiconductor Material, 2021 & 2031F |
3.7 Latvia Gate Driver IC Market Revenues & Volume Share, By Mode Of Attachment, 2021 & 2031F |
3.8 Latvia Gate Driver IC Market Revenues & Volume Share, By Isolation Technique, 2021 & 2031F |
3.9 Latvia Gate Driver IC Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Gate Driver IC Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Gate Driver IC Market Trends |
6 Latvia Gate Driver IC Market, By Types |
6.1 Latvia Gate Driver IC Market, By Transistor Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Gate Driver IC Market Revenues & Volume, By Transistor Type, 2021 - 2031F |
6.1.3 Latvia Gate Driver IC Market Revenues & Volume, By MOSFET, 2021 - 2031F |
6.1.4 Latvia Gate Driver IC Market Revenues & Volume, By IGBT, 2021 - 2031F |
6.2 Latvia Gate Driver IC Market, By Semiconductor Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Gate Driver IC Market Revenues & Volume, By SiC, 2021 - 2031F |
6.2.3 Latvia Gate Driver IC Market Revenues & Volume, By GaN, 2021 - 2031F |
6.3 Latvia Gate Driver IC Market, By Mode Of Attachment |
6.3.1 Overview and Analysis |
6.3.2 Latvia Gate Driver IC Market Revenues & Volume, By On-chip, 2021 - 2031F |
6.3.3 Latvia Gate Driver IC Market Revenues & Volume, By Discrete, 2021 - 2031F |
6.4 Latvia Gate Driver IC Market, By Isolation Technique |
6.4.1 Overview and Analysis |
6.4.2 Latvia Gate Driver IC Market Revenues & Volume, By Magnetic Isolation, 2021 - 2031F |
6.4.3 Latvia Gate Driver IC Market Revenues & Volume, By Capacitive Isolation, 2021 - 2031F |
6.4.4 Latvia Gate Driver IC Market Revenues & Volume, By Optical Isolation, 2021 - 2031F |
6.5 Latvia Gate Driver IC Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Latvia Gate Driver IC Market Revenues & Volume, By Residential, 2021 - 2031F |
6.5.3 Latvia Gate Driver IC Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.5.4 Latvia Gate Driver IC Market Revenues & Volume, By Commercial, 2021 - 2031F |
7 Latvia Gate Driver IC Market Import-Export Trade Statistics |
7.1 Latvia Gate Driver IC Market Export to Major Countries |
7.2 Latvia Gate Driver IC Market Imports from Major Countries |
8 Latvia Gate Driver IC Market Key Performance Indicators |
9 Latvia Gate Driver IC Market - Opportunity Assessment |
9.1 Latvia Gate Driver IC Market Opportunity Assessment, By Transistor Type, 2021 & 2031F |
9.2 Latvia Gate Driver IC Market Opportunity Assessment, By Semiconductor Material, 2021 & 2031F |
9.3 Latvia Gate Driver IC Market Opportunity Assessment, By Mode Of Attachment, 2021 & 2031F |
9.4 Latvia Gate Driver IC Market Opportunity Assessment, By Isolation Technique, 2021 & 2031F |
9.5 Latvia Gate Driver IC Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Gate Driver IC Market - Competitive Landscape |
10.1 Latvia Gate Driver IC Market Revenue Share, By Companies, 2024 |
10.2 Latvia Gate Driver IC Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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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