| Product Code: ETC10609717 | 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 |
The HVAC fan and evaporator coil import shipments to Latvia have shown significant growth in 2024, with top exporting countries being Poland, Spain, Estonia, Lithuania, and Italy. The market concentration, as measured by the HHI, has shifted from low to high concentration, indicating a more competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stands at a healthy 8.32%, with a notable growth rate of 32.0% from 2023 to 2024. This suggests a robust demand for these products in Latvia and points towards a promising outlook for the industry in the coming years.

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 Fan and Evaporator Coil Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia HVAC Fan and Evaporator Coil Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia HVAC Fan and Evaporator Coil Market - Industry Life Cycle |
3.4 Latvia HVAC Fan and Evaporator Coil Market - Porter's Five Forces |
3.5 Latvia HVAC Fan and Evaporator Coil Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia HVAC Fan and Evaporator Coil Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Latvia HVAC Fan and Evaporator Coil Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia HVAC Fan and Evaporator Coil 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 industry and infrastructure development projects |
4.2.3 Rising focus on indoor air quality and comfort |
4.3 Market Restraints |
4.3.1 High initial costs associated with purchasing and installing HVAC fan and evaporator coil systems |
4.3.2 Fluctuating raw material prices impacting manufacturing costs |
4.3.3 Stringent regulations and standards related to energy efficiency and environmental impact |
5 Latvia HVAC Fan and Evaporator Coil Market Trends |
6 Latvia HVAC Fan and Evaporator Coil Market, By Types |
6.1 Latvia HVAC Fan and Evaporator Coil Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia HVAC Fan and Evaporator Coil Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia HVAC Fan and Evaporator Coil Market Revenues & Volume, By HVAC Fans, 2021 - 2031F |
6.1.4 Latvia HVAC Fan and Evaporator Coil Market Revenues & Volume, By Evaporator Coils, 2021 - 2031F |
6.2 Latvia HVAC Fan and Evaporator Coil Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia HVAC Fan and Evaporator Coil Market Revenues & Volume, By Copper, 2021 - 2031F |
6.2.3 Latvia HVAC Fan and Evaporator Coil Market Revenues & Volume, By Aluminum, 2021 - 2031F |
6.3 Latvia HVAC Fan and Evaporator Coil Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia HVAC Fan and Evaporator Coil Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.3 Latvia HVAC Fan and Evaporator Coil Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.4 Latvia HVAC Fan and Evaporator Coil Market Revenues & Volume, By Industrial, 2021 - 2031F |
7 Latvia HVAC Fan and Evaporator Coil Market Import-Export Trade Statistics |
7.1 Latvia HVAC Fan and Evaporator Coil Market Export to Major Countries |
7.2 Latvia HVAC Fan and Evaporator Coil Market Imports from Major Countries |
8 Latvia HVAC Fan and Evaporator Coil Market Key Performance Indicators |
8.1 Energy efficiency ratings of HVAC fan and evaporator coil systems |
8.2 Adoption rate of smart and connected HVAC solutions |
8.3 Number of new construction projects integrating advanced HVAC technologies |
8.4 Customer satisfaction levels with HVAC fan and evaporator coil performance |
8.5 Percentage of HVAC systems in Latvia meeting energy efficiency standards |
9 Latvia HVAC Fan and Evaporator Coil Market - Opportunity Assessment |
9.1 Latvia HVAC Fan and Evaporator Coil Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia HVAC Fan and Evaporator Coil Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Latvia HVAC Fan and Evaporator Coil Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia HVAC Fan and Evaporator Coil Market - Competitive Landscape |
10.1 Latvia HVAC Fan and Evaporator Coil Market Revenue Share, By Companies, 2024 |
10.2 Latvia HVAC Fan and Evaporator Coil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |