| Product Code: ETC10608757 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Latvia`s HVAC compressor import market in 2024 continued to see significant contributions from top exporters like Poland, Lithuania, Germany, Metropolitan France, and Estonia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. With a strong compound annual growth rate (CAGR) of 10.56% from 2020 to 2024 and a notable growth rate of 11.19% from 2023 to 2024, the sector showcases resilience and potential for further expansion. The consistent growth and diverse import sources reflect a dynamic and competitive environment in the Latvian HVAC compressor market.

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 HVAC Compressor Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia HVAC Compressor Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia HVAC Compressor Market - Industry Life Cycle |
3.4 Latvia HVAC Compressor Market - Porter's Five Forces |
3.5 Latvia HVAC Compressor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia HVAC Compressor Market Revenues & Volume Share, By Refrigerant Type, 2021 & 2031F |
3.7 Latvia HVAC Compressor Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia HVAC Compressor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient HVAC systems in Latvia |
4.2.2 Growing construction activities in the country |
4.2.3 Government regulations promoting the use of environmentally friendly HVAC technologies |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting compressor manufacturing costs |
4.3.2 Economic uncertainties affecting investment in HVAC infrastructure |
4.3.3 Competition from alternative cooling technologies like absorption chillers |
5 Latvia HVAC Compressor Market Trends |
6 Latvia HVAC Compressor Market, By Types |
6.1 Latvia HVAC Compressor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia HVAC Compressor Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia HVAC Compressor Market Revenues & Volume, By Reciprocating, 2021 - 2031F |
6.1.4 Latvia HVAC Compressor Market Revenues & Volume, By Scroll, 2021 - 2031F |
6.1.5 Latvia HVAC Compressor Market Revenues & Volume, By Screw, 2021 - 2031F |
6.1.6 Latvia HVAC Compressor Market Revenues & Volume, By Centrifugal, 2021 - 2031F |
6.2 Latvia HVAC Compressor Market, By Refrigerant Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia HVAC Compressor Market Revenues & Volume, By R-410A, 2021 - 2031F |
6.2.3 Latvia HVAC Compressor Market Revenues & Volume, By R-22, 2021 - 2031F |
6.2.4 Latvia HVAC Compressor Market Revenues & Volume, By R-134a, 2021 - 2031F |
6.3 Latvia HVAC Compressor Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia HVAC Compressor Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.3 Latvia HVAC Compressor Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.4 Latvia HVAC Compressor Market Revenues & Volume, By Industrial, 2021 - 2031F |
7 Latvia HVAC Compressor Market Import-Export Trade Statistics |
7.1 Latvia HVAC Compressor Market Export to Major Countries |
7.2 Latvia HVAC Compressor Market Imports from Major Countries |
8 Latvia HVAC Compressor Market Key Performance Indicators |
8.1 Average energy efficiency ratings of HVAC compressors in the market |
8.2 Number of new construction permits issued in Latvia |
8.3 Adoption rate of eco-friendly refrigerants in HVAC compressors |
8.4 Average maintenance and repair costs for HVAC compressors |
8.5 Percentage of HVAC compressor manufacturers offering extended warranties |
9 Latvia HVAC Compressor Market - Opportunity Assessment |
9.1 Latvia HVAC Compressor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia HVAC Compressor Market Opportunity Assessment, By Refrigerant Type, 2021 & 2031F |
9.3 Latvia HVAC Compressor Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia HVAC Compressor Market - Competitive Landscape |
10.1 Latvia HVAC Compressor Market Revenue Share, By Companies, 2024 |
10.2 Latvia HVAC Compressor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |