| Product Code: ETC5190246 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The industrial brakes and clutches import market in Latvia continued to show strong growth in 2024, with top exporting countries like Poland, Germany, and Lithuania maintaining their dominance. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 13.29% from 2020 to 2024 highlights the increasing demand for these products. Additionally, the growth rate of 4.58% from 2023 to 2024 suggests a steady expansion in the market. Overall, Latvia`s import sector for industrial brakes and clutches remains robust and poised for further development.

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 Industrial Brakes And Clutches Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Industrial Brakes And Clutches Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Industrial Brakes And Clutches Market - Industry Life Cycle |
3.4 Latvia Industrial Brakes And Clutches Market - Porter's Five Forces |
3.5 Latvia Industrial Brakes And Clutches Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Latvia Industrial Brakes And Clutches Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Latvia Industrial Brakes And Clutches Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.8 Latvia Industrial Brakes And Clutches Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Industrial Brakes And Clutches Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automation in industrial processes |
4.2.2 Growing focus on workplace safety regulations |
4.2.3 Technological advancements leading to improved performance of industrial brakes and clutches |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting manufacturing costs |
4.3.2 Economic uncertainty affecting investment in industrial machinery |
4.3.3 Competition from alternative braking technologies like regenerative braking systems |
5 Latvia Industrial Brakes And Clutches Market Trends |
6 Latvia Industrial Brakes And Clutches Market Segmentations |
6.1 Latvia Industrial Brakes And Clutches Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Latvia Industrial Brakes And Clutches Market Revenues & Volume, By Clutches, 2021-2031F |
6.1.3 Latvia Industrial Brakes And Clutches Market Revenues & Volume, By Electric, 2021-2031F |
6.1.4 Latvia Industrial Brakes And Clutches Market Revenues & Volume, By Mechanical, 2021-2031F |
6.1.5 Latvia Industrial Brakes And Clutches Market Revenues & Volume, By Pneumatic & Hydraulic, 2021-2031F |
6.1.6 Latvia Industrial Brakes And Clutches Market Revenues & Volume, By Electromagnetic, 2021-2031F |
6.1.7 Latvia Industrial Brakes And Clutches Market Revenues & Volume, By Brakes, 2021-2031F |
6.1.9 Latvia Industrial Brakes And Clutches Market Revenues & Volume, By Mechanical, 2021-2031F |
6.1.10 Latvia Industrial Brakes And Clutches Market Revenues & Volume, By Mechanical, 2021-2031F |
6.2 Latvia Industrial Brakes And Clutches Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Industrial Brakes And Clutches Market Revenues & Volume, By Dry, 2021-2031F |
6.2.3 Latvia Industrial Brakes And Clutches Market Revenues & Volume, By Oil Immersed, 2021-2031F |
6.3 Latvia Industrial Brakes And Clutches Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Industrial Brakes And Clutches Market Revenues & Volume, By Oem, 2021-2031F |
6.3.3 Latvia Industrial Brakes And Clutches Market Revenues & Volume, By Mro Services/aftermarket, 2021-2031F |
6.4 Latvia Industrial Brakes And Clutches Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Latvia Industrial Brakes And Clutches Market Revenues & Volume, By Mining & Metallurgy Industry, 2021-2031F |
6.4.3 Latvia Industrial Brakes And Clutches Market Revenues & Volume, By Construction Industry, 2021-2031F |
6.4.4 Latvia Industrial Brakes And Clutches Market Revenues & Volume, By Power Generation Industry, 2021-2031F |
6.4.5 Latvia Industrial Brakes And Clutches Market Revenues & Volume, By Industrial Production, 2021-2031F |
6.4.6 Latvia Industrial Brakes And Clutches Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.7 Latvia Industrial Brakes And Clutches Market Revenues & Volume, By Logistics And Material Handling Industry, 2021-2031F |
7 Latvia Industrial Brakes And Clutches Market Import-Export Trade Statistics |
7.1 Latvia Industrial Brakes And Clutches Market Export to Major Countries |
7.2 Latvia Industrial Brakes And Clutches Market Imports from Major Countries |
8 Latvia Industrial Brakes And Clutches Market Key Performance Indicators |
8.1 Average lifespan of industrial brakes and clutches |
8.2 Rate of adoption of advanced braking technologies |
8.3 Frequency of maintenance and repair services for industrial brakes and clutches |
9 Latvia Industrial Brakes And Clutches Market - Opportunity Assessment |
9.1 Latvia Industrial Brakes And Clutches Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Latvia Industrial Brakes And Clutches Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Latvia Industrial Brakes And Clutches Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.4 Latvia Industrial Brakes And Clutches Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Industrial Brakes And Clutches Market - Competitive Landscape |
10.1 Latvia Industrial Brakes And Clutches Market Revenue Share, By Companies, 2024 |
10.2 Latvia Industrial Brakes And Clutches Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |