| Product Code: ETC12471733 | 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 witnessed a significant surge in indium phosphide compound semiconductor imports in 2024, with top exporting countries including Slovakia, Germany, USA, China, and Spain. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 3.86%, showcasing steady expansion. Moreover, the impressive growth rate of 27.91% from 2023 to 2024 signals a notable uptick in demand, reflecting the evolving landscape of the semiconductor industry in Latvia.
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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 Indium Phosphide Compound Semiconductor Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Indium Phosphide Compound Semiconductor Market - Industry Life Cycle |
3.4 Latvia Indium Phosphide Compound Semiconductor Market - Porter's Five Forces |
3.5 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.9 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Latvia Indium Phosphide Compound Semiconductor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-speed communication systems and networks |
4.2.2 Growing adoption of smartphones, tablets, and other connected devices |
4.2.3 Technological advancements in the semiconductor industry |
4.3 Market Restraints |
4.3.1 High initial investment and production costs |
4.3.2 Limited availability of skilled workforce in the semiconductor sector |
4.3.3 Regulatory challenges and compliance requirements |
5 Latvia Indium Phosphide Compound Semiconductor Market Trends |
6 Latvia Indium Phosphide Compound Semiconductor Market, By Types |
6.1 Latvia Indium Phosphide Compound Semiconductor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume, By Photonic Devices, 2021 - 2031F |
6.1.4 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume, By RF & Microwave Components, 2021 - 2031F |
6.1.5 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume, By LEDs & Lasers, 2021 - 2031F |
6.1.6 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume, By Transistors & Amplifiers, 2021 - 2031F |
6.2 Latvia Indium Phosphide Compound Semiconductor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume, By Fiber Optic Communication, 2021 - 2031F |
6.2.3 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume, By Radar & Sensing, 2021 - 2031F |
6.2.4 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume, By Optical Sensors, 2021 - 2031F |
6.2.5 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume, By 5G Network Infrastructure, 2021 - 2031F |
6.3 Latvia Indium Phosphide Compound Semiconductor Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume, By Telecommunications, 2021 - 2031F |
6.3.3 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume, By Aerospace & Defense, 2021 - 2031F |
6.3.4 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.3.5 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume, By Data Centers, 2021 - 2031F |
6.4 Latvia Indium Phosphide Compound Semiconductor Market, By Technology Type |
6.4.1 Overview and Analysis |
6.4.2 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume, By Optical Waveguides, 2021 - 2031F |
6.4.3 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume, By High Electron Mobility Transistors (HEMT), 2021 - 2031F |
6.4.4 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume, By Monolithic Integration, 2021 - 2031F |
6.4.5 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume, By Quantum Cascade Lasers, 2021 - 2031F |
6.5 Latvia Indium Phosphide Compound Semiconductor Market, By Sales Channel |
6.5.1 Overview and Analysis |
6.5.2 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.5.3 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume, By Distributors, 2021 - 2031F |
6.5.4 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume, By Online Suppliers, 2021 - 2031F |
6.5.5 Latvia Indium Phosphide Compound Semiconductor Market Revenues & Volume, By Industrial Suppliers, 2021 - 2031F |
7 Latvia Indium Phosphide Compound Semiconductor Market Import-Export Trade Statistics |
7.1 Latvia Indium Phosphide Compound Semiconductor Market Export to Major Countries |
7.2 Latvia Indium Phosphide Compound Semiconductor Market Imports from Major Countries |
8 Latvia Indium Phosphide Compound Semiconductor Market Key Performance Indicators |
8.1 Average selling price (ASP) of indium phosphide compound semiconductors |
8.2 Research and development (RD) expenditure in the semiconductor sector |
8.3 Number of patents filed for indium phosphide compound semiconductor technologies |
8.4 Adoption rate of indium phosphide compound semiconductors in emerging applications |
9 Latvia Indium Phosphide Compound Semiconductor Market - Opportunity Assessment |
9.1 Latvia Indium Phosphide Compound Semiconductor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Indium Phosphide Compound Semiconductor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Indium Phosphide Compound Semiconductor Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Indium Phosphide Compound Semiconductor Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.5 Latvia Indium Phosphide Compound Semiconductor Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Latvia Indium Phosphide Compound Semiconductor Market - Competitive Landscape |
10.1 Latvia Indium Phosphide Compound Semiconductor Market Revenue Share, By Companies, 2024 |
10.2 Latvia Indium Phosphide Compound Semiconductor 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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