| Product Code: ETC5780614 | 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 |
Latvia`s generator sales import market saw significant changes in 2024, with a notable shift in concentration levels and a substantial increase in growth rate. The top exporting countries, including the Netherlands, Portugal, and Metropolitan France, played a key role in driving this growth. The impressive CAGR of 41.15% from 2020 to 2024 highlights the market`s rapid expansion. With a surge in import shipments and a high Herfindahl-Hirschman Index (HHI) indicating increased market concentration, Latvia`s generator sales industry is experiencing dynamic changes and opportunities for stakeholders.

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 Generator Sales Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Generator Sales Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Generator Sales Market - Industry Life Cycle |
3.4 Latvia Generator Sales Market - Porter's Five Forces |
3.5 Latvia Generator Sales Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.6 Latvia Generator Sales Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
3.7 Latvia Generator Sales Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Generator Sales Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Latvia Generator Sales Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable power supply in commercial and industrial sectors. |
4.2.2 Growth in construction activities leading to higher demand for backup power solutions. |
4.2.3 Government initiatives promoting renewable energy sources, driving sales of eco-friendly generators. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs. |
4.3.2 Competition from alternative power sources like solar panels and wind turbines. |
4.3.3 Regulatory challenges related to emissions standards and noise regulations for generators. |
5 Latvia Generator Sales Market Trends |
6 Latvia Generator Sales Market Segmentations |
6.1 Latvia Generator Sales Market, By Fuel Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Generator Sales Market Revenues & Volume, By Diesel, 2021-2031F |
6.1.3 Latvia Generator Sales Market Revenues & Volume, By Gas, 2021-2031F |
6.2 Latvia Generator Sales Market, By Power Rating |
6.2.1 Overview and Analysis |
6.2.2 Latvia Generator Sales Market Revenues & Volume, By <100kVA, 2021-2031F |
6.2.3 Latvia Generator Sales Market Revenues & Volume, By 100-350kVA, 2021-2031F |
6.2.4 Latvia Generator Sales Market Revenues & Volume, By 350-1000-2500kVA, 2021-2031F |
6.2.5 Latvia Generator Sales Market Revenues & Volume, By 2500-5000kVA, 2021-2031F |
6.2.6 Latvia Generator Sales Market Revenues & Volume, By >5000kVA, 2021-2031F |
6.3 Latvia Generator Sales Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Generator Sales Market Revenues & Volume, By Stand, 2021-2031F |
6.3.3 Latvia Generator Sales Market Revenues & Volume, By Continuous, 2021-2031F |
6.3.4 Latvia Generator Sales Market Revenues & Volume, By Peak Shaving, 2021-2031F |
6.4 Latvia Generator Sales Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Latvia Generator Sales Market Revenues & Volume, By Direct, 2021-2031F |
6.4.3 Latvia Generator Sales Market Revenues & Volume, By Indirect, 2021-2031F |
7 Latvia Generator Sales Market Import-Export Trade Statistics |
7.1 Latvia Generator Sales Market Export to Major Countries |
7.2 Latvia Generator Sales Market Imports from Major Countries |
8 Latvia Generator Sales Market Key Performance Indicators |
8.1 Average age of generator fleet in Latvia. |
8.2 Number of power outages in key sectors. |
8.3 Adoption rate of smart grid technologies in the country. |
9 Latvia Generator Sales Market - Opportunity Assessment |
9.1 Latvia Generator Sales Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.2 Latvia Generator Sales Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
9.3 Latvia Generator Sales Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Generator Sales Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Latvia Generator Sales Market - Competitive Landscape |
10.1 Latvia Generator Sales Market Revenue Share, By Companies, 2024 |
10.2 Latvia Generator Sales Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |