Latvia Hybrid EV Battery Market (2025-2031) | Analysis, Growth, Value, Strategy, Competition, Pricing Analysis, Challenges, Restraints, Demand, Strategic Insights, Size, Segmentation, Revenue, Competitive, Opportunities, Share, Investment Trends, Segments, Outlook, Industry, Forecast, Supply, Drivers, Consumer Insights, Companies, Trends
Market Forecast By Battery Type (NiMH, Li-ion), By Vehicle Type (Passenger Car, Commercial Vehicle), By Material Type (Lithium, Nickel, Cobalt), By Capacity Range (Up to 20 kWh, 20-40 kWh, Above 40 kWh), By Application (BEV, PHEV, HEV) And Competitive Landscape
| Product Code: ETC10618165 | 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 Hybrid Ev Battery Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Latvia`s import shipments of hybrid EV batteries saw a significant increase in 2024, with top exporters being Germany, China, Netherlands, Czechia, and Slovenia. The market concentration, as measured by HHI, shifted from high to moderate in 2024, indicating a more diversified import market. The impressive compound annual growth rate (CAGR) of 44.37% from 2020 to 2024 reflects the growing demand for hybrid EV technologies in Latvia. Moreover, the growth rate of 18.2% from 2023 to 2024 suggests a continued expansion of the market in the coming years.
Key Highlights of the Report:
- Latvia Hybrid EV Battery Market Outlook
- Market Size of Latvia Hybrid EV Battery Market,2024
- Forecast of Latvia Hybrid EV Battery Market, 2031
- Historical Data and Forecast of Latvia Hybrid EV Battery Revenues & Volume for the Period 2021-2031
- Latvia Hybrid EV Battery Market Trend Evolution
- Latvia Hybrid EV Battery Market Drivers and Challenges
- Latvia Hybrid EV Battery Price Trends
- Latvia Hybrid EV Battery Porter's Five Forces
- Latvia Hybrid EV Battery Industry Life Cycle
- Historical Data and Forecast of Latvia Hybrid EV Battery Market Revenues & Volume By Battery Type for the Period 2021-2031
- Historical Data and Forecast of Latvia Hybrid EV Battery Market Revenues & Volume By NiMH for the Period 2021-2031
- Historical Data and Forecast of Latvia Hybrid EV Battery Market Revenues & Volume By Li-ion for the Period 2021-2031
- Historical Data and Forecast of Latvia Hybrid EV Battery Market Revenues & Volume By Vehicle Type for the Period 2021-2031
- Historical Data and Forecast of Latvia Hybrid EV Battery Market Revenues & Volume By Passenger Car for the Period 2021-2031
- Historical Data and Forecast of Latvia Hybrid EV Battery Market Revenues & Volume By Commercial Vehicle for the Period 2021-2031
- Historical Data and Forecast of Latvia Hybrid EV Battery Market Revenues & Volume By Material Type for the Period 2021-2031
- Historical Data and Forecast of Latvia Hybrid EV Battery Market Revenues & Volume By Lithium for the Period 2021-2031
- Historical Data and Forecast of Latvia Hybrid EV Battery Market Revenues & Volume By Nickel for the Period 2021-2031
- Historical Data and Forecast of Latvia Hybrid EV Battery Market Revenues & Volume By Cobalt for the Period 2021-2031
- Historical Data and Forecast of Latvia Hybrid EV Battery Market Revenues & Volume By Capacity Range for the Period 2021-2031
- Historical Data and Forecast of Latvia Hybrid EV Battery Market Revenues & Volume By Up to 20 kWh for the Period 2021-2031
- Historical Data and Forecast of Latvia Hybrid EV Battery Market Revenues & Volume By 20-40 kWh for the Period 2021-2031
- Historical Data and Forecast of Latvia Hybrid EV Battery Market Revenues & Volume By Above 40 kWh for the Period 2021-2031
- Historical Data and Forecast of Latvia Hybrid EV Battery Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Latvia Hybrid EV Battery Market Revenues & Volume By BEV for the Period 2021-2031
- Historical Data and Forecast of Latvia Hybrid EV Battery Market Revenues & Volume By PHEV for the Period 2021-2031
- Historical Data and Forecast of Latvia Hybrid EV Battery Market Revenues & Volume By HEV for the Period 2021-2031
- Latvia Hybrid EV Battery Import Export Trade Statistics
- Market Opportunity Assessment By Battery Type
- Market Opportunity Assessment By Vehicle Type
- Market Opportunity Assessment By Material Type
- Market Opportunity Assessment By Capacity Range
- Market Opportunity Assessment By Application
- Latvia Hybrid EV Battery Top Companies Market Share
- Latvia Hybrid EV Battery Competitive Benchmarking By Technical and Operational Parameters
- Latvia Hybrid EV Battery Company Profiles
- Latvia Hybrid EV Battery Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Hybrid EV Battery 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 Hybrid EV Battery 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 Hybrid EV Battery Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Hybrid EV Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Hybrid EV Battery Market - Industry Life Cycle |
3.4 Latvia Hybrid EV Battery Market - Porter's Five Forces |
3.5 Latvia Hybrid EV Battery Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.6 Latvia Hybrid EV Battery Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Latvia Hybrid EV Battery Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.8 Latvia Hybrid EV Battery Market Revenues & Volume Share, By Capacity Range, 2021 & 2031F |
3.9 Latvia Hybrid EV Battery Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Hybrid EV Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Hybrid EV Battery Market Trends |
6 Latvia Hybrid EV Battery Market, By Types |
6.1 Latvia Hybrid EV Battery Market, By Battery Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Hybrid EV Battery Market Revenues & Volume, By Battery Type, 2021 - 2031F |
6.1.3 Latvia Hybrid EV Battery Market Revenues & Volume, By NiMH, 2021 - 2031F |
6.1.4 Latvia Hybrid EV Battery Market Revenues & Volume, By Li-ion, 2021 - 2031F |
6.2 Latvia Hybrid EV Battery Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Hybrid EV Battery Market Revenues & Volume, By Passenger Car, 2021 - 2031F |
6.2.3 Latvia Hybrid EV Battery Market Revenues & Volume, By Commercial Vehicle, 2021 - 2031F |
6.3 Latvia Hybrid EV Battery Market, By Material Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Hybrid EV Battery Market Revenues & Volume, By Lithium, 2021 - 2031F |
6.3.3 Latvia Hybrid EV Battery Market Revenues & Volume, By Nickel, 2021 - 2031F |
6.3.4 Latvia Hybrid EV Battery Market Revenues & Volume, By Cobalt, 2021 - 2031F |
6.4 Latvia Hybrid EV Battery Market, By Capacity Range |
6.4.1 Overview and Analysis |
6.4.2 Latvia Hybrid EV Battery Market Revenues & Volume, By Up to 20 kWh, 2021 - 2031F |
6.4.3 Latvia Hybrid EV Battery Market Revenues & Volume, By 20-40 kWh, 2021 - 2031F |
6.4.4 Latvia Hybrid EV Battery Market Revenues & Volume, By Above 40 kWh, 2021 - 2031F |
6.5 Latvia Hybrid EV Battery Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Latvia Hybrid EV Battery Market Revenues & Volume, By BEV, 2021 - 2031F |
6.5.3 Latvia Hybrid EV Battery Market Revenues & Volume, By PHEV, 2021 - 2031F |
6.5.4 Latvia Hybrid EV Battery Market Revenues & Volume, By HEV, 2021 - 2031F |
7 Latvia Hybrid EV Battery Market Import-Export Trade Statistics |
7.1 Latvia Hybrid EV Battery Market Export to Major Countries |
7.2 Latvia Hybrid EV Battery Market Imports from Major Countries |
8 Latvia Hybrid EV Battery Market Key Performance Indicators |
9 Latvia Hybrid EV Battery Market - Opportunity Assessment |
9.1 Latvia Hybrid EV Battery Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
9.2 Latvia Hybrid EV Battery Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Latvia Hybrid EV Battery Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.4 Latvia Hybrid EV Battery Market Opportunity Assessment, By Capacity Range, 2021 & 2031F |
9.5 Latvia Hybrid EV Battery Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Hybrid EV Battery Market - Competitive Landscape |
10.1 Latvia Hybrid EV Battery Market Revenue Share, By Companies, 2024 |
10.2 Latvia Hybrid EV Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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