| Product Code: ETC5079324 | 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 |
In 2024, Latvia`s import of industrial computers saw a shift in concentration levels from moderate to low, indicating a more diverse import market. The top exporting countries to Latvia in 2024 were Poland, Lithuania, Germany, Netherlands, and Finland, reflecting a mix of neighboring and European partners. The negative CAGR of -3.44% from 2020 to 2024 and a steep growth rate decline of -22.45% from 2023 to 2024 suggest a challenging market environment, possibly impacted by economic factors or technological advancements.

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 Computers Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Industrial Computers Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Industrial Computers Market - Industry Life Cycle |
3.4 Latvia Industrial Computers Market - Porter's Five Forces |
3.5 Latvia Industrial Computers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Industrial Computers Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Latvia Industrial Computers Market Revenues & Volume Share, By ? End Use, 2021 & 2031F |
4 Latvia Industrial Computers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of Industry 4.0 technologies in Latvia |
4.2.2 Growing demand for automation and digitization in industrial processes |
4.2.3 Rise in investments in manufacturing and industrial sectors in Latvia |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with industrial computers |
4.3.2 Lack of skilled workforce to operate and maintain industrial computer systems |
4.3.3 Concerns regarding cybersecurity and data privacy in industrial environments |
5 Latvia Industrial Computers Market Trends |
6 Latvia Industrial Computers Market Segmentations |
6.1 Latvia Industrial Computers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Industrial Computers Market Revenues & Volume, By Panel, 2021-2031F |
6.1.3 Latvia Industrial Computers Market Revenues & Volume, By Box, 2021-2031F |
6.1.4 Latvia Industrial Computers Market Revenues & Volume, By Embedded, 2021-2031F |
6.1.5 Latvia Industrial Computers Market Revenues & Volume, By Din Rail, 2021-2031F |
6.1.6 Latvia Industrial Computers Market Revenues & Volume, By Rack Mount, 2021-2031F |
6.1.7 Latvia Industrial Computers Market Revenues & Volume, By Thin Client, 2021-2031F |
6.2 Latvia Industrial Computers Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Latvia Industrial Computers Market Revenues & Volume, By Resistive, 2021-2031F |
6.2.3 Latvia Industrial Computers Market Revenues & Volume, By Capacitive, 2021-2031F |
6.2.4 Latvia Industrial Computers Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Industrial Computers Market, By ? End Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Industrial Computers Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.3 Latvia Industrial Computers Market Revenues & Volume, By Chemicals, 2021-2031F |
6.3.4 Latvia Industrial Computers Market Revenues & Volume, By Electronics, 2021-2031F |
6.3.5 Latvia Industrial Computers Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.6 Latvia Industrial Computers Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.7 Latvia Industrial Computers Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
7 Latvia Industrial Computers Market Import-Export Trade Statistics |
7.1 Latvia Industrial Computers Market Export to Major Countries |
7.2 Latvia Industrial Computers Market Imports from Major Countries |
8 Latvia Industrial Computers Market Key Performance Indicators |
8.1 Percentage increase in the number of IoT devices connected to industrial computers |
8.2 Average downtime of industrial computer systems in manufacturing plants |
8.3 Number of successful cybersecurity incidents prevented in industrial settings |
9 Latvia Industrial Computers Market - Opportunity Assessment |
9.1 Latvia Industrial Computers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Industrial Computers Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Latvia Industrial Computers Market Opportunity Assessment, By ? End Use, 2021 & 2031F |
10 Latvia Industrial Computers Market - Competitive Landscape |
10.1 Latvia Industrial Computers Market Revenue Share, By Companies, 2024 |
10.2 Latvia Industrial Computers 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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