| Product Code: ETC5888743 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
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 In-Wheel Motor Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia In-Wheel Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia In-Wheel Motor Market - Industry Life Cycle |
3.4 Latvia In-Wheel Motor Market - Porter's Five Forces |
3.5 Latvia In-Wheel Motor Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.6 Latvia In-Wheel Motor Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Latvia In-Wheel Motor Market Revenues & Volume Share, By Motor Type, 2021 & 2031F |
3.8 Latvia In-Wheel Motor Market Revenues & Volume Share, By Cooling Type, 2021 & 2031F |
3.9 Latvia In-Wheel Motor Market Revenues & Volume Share, By Power Output Type, 2021 & 2031F |
3.10 Latvia In-Wheel Motor Market Revenues & Volume Share, By Vehicle Class, 2021 & 2031F |
3.11 Latvia In-Wheel Motor Market Revenues & Volume Share, By Motor Weight, 2021 & 2031F |
4 Latvia In-Wheel Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles in Latvia |
4.2.2 Favorable government policies and incentives for electric mobility |
4.2.3 Growing focus on reducing carbon emissions and promoting sustainable transportation |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with in-wheel motor technology |
4.3.2 Limited infrastructure for electric vehicles in Latvia |
4.3.3 Lack of awareness and understanding about the benefits of in-wheel motors |
5 Latvia In-Wheel Motor Market Trends |
6 Latvia In-Wheel Motor Market Segmentations |
6.1 Latvia In-Wheel Motor Market, By Propulsion |
6.1.1 Overview and Analysis |
6.1.2 Latvia In-Wheel Motor Market Revenues & Volume, By BEV, 2021-2031F |
6.1.3 Latvia In-Wheel Motor Market Revenues & Volume, By FCEV, 2021-2031F |
6.1.4 Latvia In-Wheel Motor Market Revenues & Volume, By HEV, 2021-2031F |
6.1.5 Latvia In-Wheel Motor Market Revenues & Volume, By PHEV, 2021-2031F |
6.2 Latvia In-Wheel Motor Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia In-Wheel Motor Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.2.3 Latvia In-Wheel Motor Market Revenues & Volume, By Commercial Vehicle, 2021-2031F |
6.3 Latvia In-Wheel Motor Market, By Motor Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia In-Wheel Motor Market Revenues & Volume, By Axial Flux Motor, 2021-2031F |
6.3.3 Latvia In-Wheel Motor Market Revenues & Volume, By Radial Flux Motor, 2021-2031F |
6.4 Latvia In-Wheel Motor Market, By Cooling Type |
6.4.1 Overview and Analysis |
6.4.2 Latvia In-Wheel Motor Market Revenues & Volume, By Air-cooled, 2021-2031F |
6.4.3 Latvia In-Wheel Motor Market Revenues & Volume, By Liquid-cooled, 2021-2031F |
6.5 Latvia In-Wheel Motor Market, By Power Output Type |
6.5.1 Overview and Analysis |
6.5.2 Latvia In-Wheel Motor Market Revenues & Volume, By Up to 60 KW, 2021-2031F |
6.5.3 Latvia In-Wheel Motor Market Revenues & Volume, By 60? ??90 KW, 2021-2031F |
6.5.4 Latvia In-Wheel Motor Market Revenues & Volume, By Above 90 KW, 2021-2031F |
6.6 Latvia In-Wheel Motor Market, By Vehicle Class |
6.6.1 Overview and Analysis |
6.6.2 Latvia In-Wheel Motor Market Revenues & Volume, By Mid-priced, 2021-2031F |
6.6.3 Latvia In-Wheel Motor Market Revenues & Volume, By Luxury, 2021-2031F |
6.7 Latvia In-Wheel Motor Market, By Motor Weight |
6.7.1 Overview and Analysis |
6.7.2 Latvia In-Wheel Motor Market Revenues & Volume, By Less than 20 Kg, 2021-2031F |
6.7.3 Latvia In-Wheel Motor Market Revenues & Volume, By 20-30 Kg, 2021-2031F |
6.7.4 Latvia In-Wheel Motor Market Revenues & Volume, By , 2021-2031F |
7 Latvia In-Wheel Motor Market Import-Export Trade Statistics |
7.1 Latvia In-Wheel Motor Market Export to Major Countries |
7.2 Latvia In-Wheel Motor Market Imports from Major Countries |
8 Latvia In-Wheel Motor Market Key Performance Indicators |
8.1 Average charging time for electric vehicles in Latvia |
8.2 Number of charging stations per capita in Latvia |
8.3 Percentage of electric vehicles in total vehicle sales in Latvia |
9 Latvia In-Wheel Motor Market - Opportunity Assessment |
9.1 Latvia In-Wheel Motor Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.2 Latvia In-Wheel Motor Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Latvia In-Wheel Motor Market Opportunity Assessment, By Motor Type, 2021 & 2031F |
9.4 Latvia In-Wheel Motor Market Opportunity Assessment, By Cooling Type, 2021 & 2031F |
9.5 Latvia In-Wheel Motor Market Opportunity Assessment, By Power Output Type, 2021 & 2031F |
9.6 Latvia In-Wheel Motor Market Opportunity Assessment, By Vehicle Class, 2021 & 2031F |
9.7 Latvia In-Wheel Motor Market Opportunity Assessment, By Motor Weight, 2021 & 2031F |
10 Latvia In-Wheel Motor Market - Competitive Landscape |
10.1 Latvia In-Wheel Motor Market Revenue Share, By Companies, 2024 |
10.2 Latvia In-Wheel Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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