Latvia Infrared Thermography Market (2025-2031) | Revenue, Outlook, Trends, Share, Industry, Analysis, Value, Companies, Growth, Segmentation, Forecast & Size

Market Forecast By Application (Energy Auditing, Building Performance, Others), By Building Type (Residential, Commercial), By Platform (Hardware, Software) And Competitive Landscape
Product Code: ETC5560233 Publication Date: Nov 2023 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Latvia Infrared Thermography Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia saw a continued high concentration of infrared thermography imports, with top exporting countries being the USA, China, Germany, Poland, and Belgium. Despite a modest compound annual growth rate (CAGR) of 1.74% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024 at -32.44%. This fluctuation indicates a potential shift in market dynamics or external factors impacting the import landscape for infrared thermography products in Latvia. Stakeholders should closely monitor these trends for strategic decision-making.

Key Highlights of the Report:

  • Latvia Infrared Thermography Market Outlook
  • Market Size of Latvia Infrared Thermography Market, 2024
  • Forecast of Latvia Infrared Thermography Market, 2031
  • Historical Data and Forecast of Latvia Infrared Thermography Revenues & Volume for the Period 2021-2031
  • Latvia Infrared Thermography Market Trend Evolution
  • Latvia Infrared Thermography Market Drivers and Challenges
  • Latvia Infrared Thermography Price Trends
  • Latvia Infrared Thermography Porter`s Five Forces
  • Latvia Infrared Thermography Industry Life Cycle
  • Historical Data and Forecast of Latvia Infrared Thermography Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Latvia Infrared Thermography Market Revenues & Volume By Energy Auditing for the Period 2021-2031
  • Historical Data and Forecast of Latvia Infrared Thermography Market Revenues & Volume By Building Performance for the Period 2021-2031
  • Historical Data and Forecast of Latvia Infrared Thermography Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Infrared Thermography Market Revenues & Volume By Building Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Infrared Thermography Market Revenues & Volume By Residential for the Period 2021-2031
  • Historical Data and Forecast of Latvia Infrared Thermography Market Revenues & Volume By Commercial for the Period 2021-2031
  • Historical Data and Forecast of Latvia Infrared Thermography Market Revenues & Volume By Platform for the Period 2021-2031
  • Historical Data and Forecast of Latvia Infrared Thermography Market Revenues & Volume By Hardware for the Period 2021-2031
  • Historical Data and Forecast of Latvia Infrared Thermography Market Revenues & Volume By Software for the Period 2021-2031
  • Latvia Infrared Thermography Import Export Trade Statistics
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Building Type
  • Market Opportunity Assessment By Platform
  • Latvia Infrared Thermography Top Companies Market Share
  • Latvia Infrared Thermography Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Infrared Thermography Company Profiles
  • Latvia Infrared Thermography Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Infrared Thermography Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Infrared Thermography Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Infrared Thermography Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Infrared Thermography Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Infrared Thermography Market - Industry Life Cycle

3.4 Latvia Infrared Thermography Market - Porter's Five Forces

3.5 Latvia Infrared Thermography Market Revenues & Volume Share, By Application , 2021 & 2031F

3.6 Latvia Infrared Thermography Market Revenues & Volume Share, By Building Type , 2021 & 2031F

3.7 Latvia Infrared Thermography Market Revenues & Volume Share, By Platform , 2021 & 2031F

4 Latvia Infrared Thermography Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for non-destructive testing methods in various industries

4.2.2 Growing focus on preventive maintenance in commercial and residential buildings

4.2.3 Technological advancements leading to the development of more efficient and cost-effective infrared thermography solutions

4.3 Market Restraints

4.3.1 High initial investment and maintenance costs associated with infrared thermography equipment

4.3.2 Lack of skilled professionals and expertise in operating and interpreting infrared thermography data

4.3.3 Limited awareness and adoption of infrared thermography technology in certain industries

5 Latvia Infrared Thermography Market Trends

6 Latvia Infrared Thermography Market Segmentations

6.1 Latvia Infrared Thermography Market, By Application

6.1.1 Overview and Analysis

6.1.2 Latvia Infrared Thermography Market Revenues & Volume, By Energy Auditing, 2021-2031F

6.1.3 Latvia Infrared Thermography Market Revenues & Volume, By Building Performance, 2021-2031F

6.1.4 Latvia Infrared Thermography Market Revenues & Volume, By Others, 2021-2031F

6.2 Latvia Infrared Thermography Market, By Building Type

6.2.1 Overview and Analysis

6.2.2 Latvia Infrared Thermography Market Revenues & Volume, By Residential, 2021-2031F

6.2.3 Latvia Infrared Thermography Market Revenues & Volume, By Commercial, 2021-2031F

6.3 Latvia Infrared Thermography Market, By Platform

6.3.1 Overview and Analysis

6.3.2 Latvia Infrared Thermography Market Revenues & Volume, By Hardware, 2021-2031F

6.3.3 Latvia Infrared Thermography Market Revenues & Volume, By Software, 2021-2031F

7 Latvia Infrared Thermography Market Import-Export Trade Statistics

7.1 Latvia Infrared Thermography Market Export to Major Countries

7.2 Latvia Infrared Thermography Market Imports from Major Countries

8 Latvia Infrared Thermography Market Key Performance Indicators

8.1 Number of certified infrared thermographers in Latvia

8.2 Rate of adoption of infrared thermography in key industries

8.3 Percentage of maintenance cost savings achieved through the use of infrared thermography

8.4 Number of new infrared thermography technology developments implemented in the market

8.5 Frequency of infrared thermography training sessions conducted in Latvia

9 Latvia Infrared Thermography Market - Opportunity Assessment

9.1 Latvia Infrared Thermography Market Opportunity Assessment, By Application , 2021 & 2031F

9.2 Latvia Infrared Thermography Market Opportunity Assessment, By Building Type , 2021 & 2031F

9.3 Latvia Infrared Thermography Market Opportunity Assessment, By Platform , 2021 & 2031F

10 Latvia Infrared Thermography Market - Competitive Landscape

10.1 Latvia Infrared Thermography Market Revenue Share, By Companies, 2024

10.2 Latvia Infrared Thermography Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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