Latvia GPS IC Market (2025-2031) | Outlook, Value, Industry, Share, Competitive Landscape, Forecast, Analysis, Size & Revenue, Trends, Companies, Segmentation, Growth

Market Forecast By Type (SIRF, MTK, MSTAR, Others), By Application (Voice-Guided Navigation, Tracking and Tracing, Location-Enabled Search, Others) And Competitive Landscape
Product Code: ETC7911788 Publication Date: Sep 2024 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Dhaval Chaurasia No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Latvia Gps Ic Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia`s GPS IC import shipments were primarily sourced from Taiwan, Netherlands, Hong Kong, and Germany. The market displayed a shift towards lower concentration levels, indicating increased competition among suppliers. The negative compound annual growth rate (CAGR) from 2020 to 2024 reflects a declining trend in the market, with a significant decrease in growth rate observed from 2023 to 2024. This suggests a challenging environment for GPS IC importers in Latvia, emphasizing the need for strategic adaptation to navigate the changing landscape.

Latvia Gps Ic Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia GPS IC Market Outlook
  • Market Size of Latvia GPS IC Market, 2024
  • Forecast of Latvia GPS IC Market, 2031
  • Historical Data and Forecast of Latvia GPS IC Revenues & Volume for the Period 2021- 2031
  • Latvia GPS IC Market Trend Evolution
  • Latvia GPS IC Market Drivers and Challenges
  • Latvia GPS IC Price Trends
  • Latvia GPS IC Porter's Five Forces
  • Latvia GPS IC Industry Life Cycle
  • Historical Data and Forecast of Latvia GPS IC Market Revenues & Volume By Type for the Period 2021- 2031
  • Historical Data and Forecast of Latvia GPS IC Market Revenues & Volume By SIRF for the Period 2021- 2031
  • Historical Data and Forecast of Latvia GPS IC Market Revenues & Volume By MTK for the Period 2021- 2031
  • Historical Data and Forecast of Latvia GPS IC Market Revenues & Volume By MSTAR for the Period 2021- 2031
  • Historical Data and Forecast of Latvia GPS IC Market Revenues & Volume By Others for the Period 2021- 2031
  • Historical Data and Forecast of Latvia GPS IC Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of Latvia GPS IC Market Revenues & Volume By Voice-Guided Navigation for the Period 2021- 2031
  • Historical Data and Forecast of Latvia GPS IC Market Revenues & Volume By Tracking and Tracing for the Period 2021- 2031
  • Historical Data and Forecast of Latvia GPS IC Market Revenues & Volume By Location-Enabled Search for the Period 2021- 2031
  • Historical Data and Forecast of Latvia GPS IC Market Revenues & Volume By Others for the Period 2021- 2031
  • Latvia GPS IC Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Latvia GPS IC Top Companies Market Share
  • Latvia GPS IC Competitive Benchmarking By Technical and Operational Parameters
  • Latvia GPS IC Company Profiles
  • Latvia GPS IC Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia GPS IC Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia GPS IC Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 GPS IC Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia GPS IC Market Revenues & Volume, 2021 & 2031F

3.3 Latvia GPS IC Market - Industry Life Cycle

3.4 Latvia GPS IC Market - Porter's Five Forces

3.5 Latvia GPS IC Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia GPS IC Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia GPS IC Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for GPS-enabled devices and applications in various industries

4.2.2 Technological advancements in GPS ICs leading to improved performance and features

4.2.3 Growing focus on efficient fleet management and logistics solutions

4.3 Market Restraints

4.3.1 High initial investment required for integrating GPS ICs into existing systems

4.3.2 Concerns regarding data privacy and security in GPS-enabled devices

4.3.3 Regulatory challenges related to the use of GPS technology in certain industries

5 Latvia GPS IC Market Trends

6 Latvia GPS IC Market, By Types

6.1 Latvia GPS IC Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia GPS IC Market Revenues & Volume, By Type, 2021- 2031F

6.1.3 Latvia GPS IC Market Revenues & Volume, By SIRF, 2021- 2031F

6.1.4 Latvia GPS IC Market Revenues & Volume, By MTK, 2021- 2031F

6.1.5 Latvia GPS IC Market Revenues & Volume, By MSTAR, 2021- 2031F

6.1.6 Latvia GPS IC Market Revenues & Volume, By Others, 2021- 2031F

6.2 Latvia GPS IC Market, By Application

6.2.1 Overview and Analysis

6.2.2 Latvia GPS IC Market Revenues & Volume, By Voice-Guided Navigation, 2021- 2031F

6.2.3 Latvia GPS IC Market Revenues & Volume, By Tracking and Tracing, 2021- 2031F

6.2.4 Latvia GPS IC Market Revenues & Volume, By Location-Enabled Search, 2021- 2031F

6.2.5 Latvia GPS IC Market Revenues & Volume, By Others, 2021- 2031F

7 Latvia GPS IC Market Import-Export Trade Statistics

7.1 Latvia GPS IC Market Export to Major Countries

7.2 Latvia GPS IC Market Imports from Major Countries

8 Latvia GPS IC Market Key Performance Indicators

8.1 Adoption rate of GPS-enabled devices in key industries in Latvia

8.2 Rate of technological innovation and development in GPS ICs

8.3 Number of partnerships and collaborations between GPS IC manufacturers and key industry players

9 Latvia GPS IC Market - Opportunity Assessment

9.1 Latvia GPS IC Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia GPS IC Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia GPS IC Market - Competitive Landscape

10.1 Latvia GPS IC Market Revenue Share, By Companies, 2024

10.2 Latvia GPS IC Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Thought Leadership and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Related Reports

Industry Events and Analyst Meet

Whitepaper

Read All