| Product Code: ETC10612021 | 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 | |
Latvia`s HVAC sensor import market in 2024 saw steady growth with a healthy CAGR of 8.1% from 2020 to 2024. Despite a slight decline in growth rate from 2023 to 2024 at -17.39%, the market remained stable. Top exporting countries to Latvia included Poland, Germany, Denmark, Lithuania, and Sweden, showcasing a diversified import network. With a low concentration level indicated by the HHI, the market presents opportunities for further expansion and competition among suppliers 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 Sensor Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia HVAC Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia HVAC Sensor Market - Industry Life Cycle |
3.4 Latvia HVAC Sensor Market - Porter's Five Forces |
3.5 Latvia HVAC Sensor Market Revenues & Volume Share, By Sensor Type, 2021 & 2031F |
3.6 Latvia HVAC Sensor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia HVAC Sensor Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia HVAC Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of smart HVAC systems in commercial and residential buildings |
4.2.2 Growing awareness and emphasis on energy efficiency and sustainability |
4.2.3 Technological advancements in sensor technology leading to improved performance and reliability |
4.3 Market Restraints |
4.3.1 High initial costs associated with installing advanced HVAC sensor systems |
4.3.2 Lack of skilled professionals for maintenance and troubleshooting of sophisticated sensor systems |
4.3.3 Regulatory challenges and compliance requirements impacting market growth |
5 Latvia HVAC Sensor Market Trends |
6 Latvia HVAC Sensor Market, By Types |
6.1 Latvia HVAC Sensor Market, By Sensor Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia HVAC Sensor Market Revenues & Volume, By Sensor Type, 2021 - 2031F |
6.1.3 Latvia HVAC Sensor Market Revenues & Volume, By Temperature Sensors, 2021 - 2031F |
6.1.4 Latvia HVAC Sensor Market Revenues & Volume, By Pressure Sensors, 2021 - 2031F |
6.1.5 Latvia HVAC Sensor Market Revenues & Volume, By Humidity Sensors, 2021 - 2031F |
6.2 Latvia HVAC Sensor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia HVAC Sensor Market Revenues & Volume, By Smart HVAC Systems, 2021 - 2031F |
6.2.3 Latvia HVAC Sensor Market Revenues & Volume, By Airflow Monitoring, 2021 - 2031F |
6.2.4 Latvia HVAC Sensor Market Revenues & Volume, By Ventilation Systems, 2021 - 2031F |
6.3 Latvia HVAC Sensor Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia HVAC Sensor Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 Latvia HVAC Sensor Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.4 Latvia HVAC Sensor Market Revenues & Volume, By Industrial, 2021 - 2031F |
7 Latvia HVAC Sensor Market Import-Export Trade Statistics |
7.1 Latvia HVAC Sensor Market Export to Major Countries |
7.2 Latvia HVAC Sensor Market Imports from Major Countries |
8 Latvia HVAC Sensor Market Key Performance Indicators |
8.1 Energy savings achieved through the use of HVAC sensor systems |
8.2 Number of new building constructions implementing smart HVAC solutions |
8.3 Rate of adoption of IoT-enabled HVAC sensors in the market |
9 Latvia HVAC Sensor Market - Opportunity Assessment |
9.1 Latvia HVAC Sensor Market Opportunity Assessment, By Sensor Type, 2021 & 2031F |
9.2 Latvia HVAC Sensor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia HVAC Sensor Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia HVAC Sensor Market - Competitive Landscape |
10.1 Latvia HVAC Sensor Market Revenue Share, By Companies, 2024 |
10.2 Latvia HVAC Sensor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |