| Product Code: ETC4811063 | 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 |
Latvia`s industrial computed tomography import shipments in 2024 continued to be dominated by key exporters such as the Netherlands, Lithuania, Metropolitan France, USA, and Poland. Despite a significant decline in the compound annual growth rate (CAGR) from 2020 to 2024 at -47.62%, the market experienced a sharp decrease in growth rate from 2023 to 2024 at -82.31%. The high Herfindahl-Hirschman Index (HHI) indicates a very concentrated market, highlighting the competitive landscape and the potential challenges for new entrants in the industry.

By 2027, Latvia's Industrial Computed Tomography market is forecasted to achieve a growing growth rate of 6.36%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

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 Computed Tomography Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Industrial Computed Tomography Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Industrial Computed Tomography Market - Industry Life Cycle |
3.4 Latvia Industrial Computed Tomography Market - Porter's Five Forces |
3.5 Latvia Industrial Computed Tomography Market Revenues & Volume Share, By Offering, 2021 & 2031F |
3.6 Latvia Industrial Computed Tomography Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Industrial Computed Tomography Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Latvia Industrial Computed Tomography Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of advanced imaging technologies in industrial applications |
4.2.2 Growing demand for non-destructive testing solutions in various industries |
4.2.3 Technological advancements leading to improved resolution and accuracy of industrial computed tomography systems |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with industrial computed tomography systems |
4.3.2 Limited awareness and understanding of industrial computed tomography technology among potential users |
4.3.3 Regulatory challenges and compliance requirements in industrial sectors impacting the adoption of computed tomography solutions |
5 Latvia Industrial Computed Tomography Market Trends |
6 Latvia Industrial Computed Tomography Market Segmentations |
6.1 Latvia Industrial Computed Tomography Market, By Offering |
6.1.1 Overview and Analysis |
6.1.2 Latvia Industrial Computed Tomography Market Revenues & Volume, By Equipment, 2021-2031F |
6.1.3 Latvia Industrial Computed Tomography Market Revenues & Volume, By Services, 2021-2031F |
6.2 Latvia Industrial Computed Tomography Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Industrial Computed Tomography Market Revenues & Volume, By Flaw Detection and Inspection, 2021-2031F |
6.2.3 Latvia Industrial Computed Tomography Market Revenues & Volume, By Failure Analysis, 2021-2031F |
6.2.4 Latvia Industrial Computed Tomography Market Revenues & Volume, By Assembly Analysis, 2021-2031F |
6.2.5 Latvia Industrial Computed Tomography Market Revenues & Volume, By Dimensioning and Tolerancing Analysis, 2021-2031F |
6.2.6 Latvia Industrial Computed Tomography Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Industrial Computed Tomography Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 Latvia Industrial Computed Tomography Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.3 Latvia Industrial Computed Tomography Market Revenues & Volume, By Aerospace and Defense, 2021-2031F |
6.3.4 Latvia Industrial Computed Tomography Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 Latvia Industrial Computed Tomography Market Revenues & Volume, By Electronics, 2021-2031F |
6.3.6 Latvia Industrial Computed Tomography Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Industrial Computed Tomography Market Import-Export Trade Statistics |
7.1 Latvia Industrial Computed Tomography Market Export to Major Countries |
7.2 Latvia Industrial Computed Tomography Market Imports from Major Countries |
8 Latvia Industrial Computed Tomography Market Key Performance Indicators |
8.1 Average utilization rate of industrial computed tomography systems |
8.2 Number of new applications or industries adopting industrial computed tomography technology |
8.3 Rate of innovation in industrial computed tomography systems (e.g., frequency of new features or improvements) |
9 Latvia Industrial Computed Tomography Market - Opportunity Assessment |
9.1 Latvia Industrial Computed Tomography Market Opportunity Assessment, By Offering, 2021 & 2031F |
9.2 Latvia Industrial Computed Tomography Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Industrial Computed Tomography Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Latvia Industrial Computed Tomography Market - Competitive Landscape |
10.1 Latvia Industrial Computed Tomography Market Revenue Share, By Companies, 2024 |
10.2 Latvia Industrial Computed Tomography Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |