| Product Code: ETC5565287 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia saw an increase in the concentration of integrated passive devices imports, with top exporting countries being Estonia, China, USA, Germany, and Metropolitan France. Despite a moderate concentration level, the market experienced a negative growth rate of -21.11% in 2024 compared to the previous year. However, the compound annual growth rate (CAGR) from 2020 to 2024 remained positive at 4.45%, indicating steady growth in the import market for integrated passive devices in Latvia. The shifting dynamics suggest evolving trends and competition among key exporting nations.

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 Integrated Passive Devices Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Integrated Passive Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Integrated Passive Devices Market - Industry Life Cycle |
3.4 Latvia Integrated Passive Devices Market - Porter's Five Forces |
3.5 Latvia Integrated Passive Devices Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Latvia Integrated Passive Devices Market Revenues & Volume Share, By Passive Devices, 2021 & 2031F |
3.7 Latvia Integrated Passive Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Integrated Passive Devices Market Revenues & Volume Share, By Wireless Technology, 2021 & 2031F |
3.9 Latvia Integrated Passive Devices Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Latvia Integrated Passive Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for miniaturized electronic devices |
4.2.2 Growing adoption of IoT and connected devices |
4.2.3 Technological advancements in integrated passive devices |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up manufacturing facilities |
4.3.2 Limited availability of skilled workforce in the field of integrated passive devices |
4.3.3 Stringent regulatory requirements for manufacturing electronic components |
5 Latvia Integrated Passive Devices Market Trends |
6 Latvia Integrated Passive Devices Market Segmentations |
6.1 Latvia Integrated Passive Devices Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Integrated Passive Devices Market Revenues & Volume, By Silicon, 2021-2031F |
6.1.3 Latvia Integrated Passive Devices Market Revenues & Volume, By Glass, 2021-2031F |
6.1.4 Latvia Integrated Passive Devices Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Integrated Passive Devices Market, By Passive Devices |
6.2.1 Overview and Analysis |
6.2.2 Latvia Integrated Passive Devices Market Revenues & Volume, By Baluns, 2021-2031F |
6.2.3 Latvia Integrated Passive Devices Market Revenues & Volume, By Filter, 2021-2031F |
6.2.4 Latvia Integrated Passive Devices Market Revenues & Volume, By Couplers, 2021-2031F |
6.2.5 Latvia Integrated Passive Devices Market Revenues & Volume, By Diplexers, 2021-2031F |
6.2.6 Latvia Integrated Passive Devices Market Revenues & Volume, By Customized IPDs, 2021-2031F |
6.2.7 Latvia Integrated Passive Devices Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Integrated Passive Devices Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Integrated Passive Devices Market Revenues & Volume, By ESD/EMI, 2021-2031F |
6.3.3 Latvia Integrated Passive Devices Market Revenues & Volume, By RF IPD, 2021-2031F |
6.3.4 Latvia Integrated Passive Devices Market Revenues & Volume, By Digital & Mixed Signals, 2021-2031F |
6.3.5 Latvia Integrated Passive Devices Market Revenues & Volume, By Others, 2021-2031F |
6.4 Latvia Integrated Passive Devices Market, By Wireless Technology |
6.4.1 Overview and Analysis |
6.4.2 Latvia Integrated Passive Devices Market Revenues & Volume, By WLAN, 2021-2031F |
6.4.3 Latvia Integrated Passive Devices Market Revenues & Volume, By Bluetooth, 2021-2031F |
6.4.4 Latvia Integrated Passive Devices Market Revenues & Volume, By Cellular, 2021-2031F |
6.4.5 Latvia Integrated Passive Devices Market Revenues & Volume, By GPS, 2021-2031F |
6.4.6 Latvia Integrated Passive Devices Market Revenues & Volume, By Others, 2021-2031F |
6.5 Latvia Integrated Passive Devices Market, By End Use Industry |
6.5.1 Overview and Analysis |
6.5.2 Latvia Integrated Passive Devices Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.5.3 Latvia Integrated Passive Devices Market Revenues & Volume, By Automotive, 2021-2031F |
6.5.4 Latvia Integrated Passive Devices Market Revenues & Volume, By Communication, 2021-2031F |
6.5.5 Latvia Integrated Passive Devices Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.5.6 Latvia Integrated Passive Devices Market Revenues & Volume, By Healthcare & Lifesciences, 2021-2031F |
7 Latvia Integrated Passive Devices Market Import-Export Trade Statistics |
7.1 Latvia Integrated Passive Devices Market Export to Major Countries |
7.2 Latvia Integrated Passive Devices Market Imports from Major Countries |
8 Latvia Integrated Passive Devices Market Key Performance Indicators |
8.1 Average time taken for new product development and launch |
8.2 Number of patents filed for innovative integrated passive device technologies |
8.3 Rate of adoption of integrated passive devices in key industries in Latvia |
9 Latvia Integrated Passive Devices Market - Opportunity Assessment |
9.1 Latvia Integrated Passive Devices Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Latvia Integrated Passive Devices Market Opportunity Assessment, By Passive Devices, 2021 & 2031F |
9.3 Latvia Integrated Passive Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Integrated Passive Devices Market Opportunity Assessment, By Wireless Technology, 2021 & 2031F |
9.5 Latvia Integrated Passive Devices Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Latvia Integrated Passive Devices Market - Competitive Landscape |
10.1 Latvia Integrated Passive Devices Market Revenue Share, By Companies, 2024 |
10.2 Latvia Integrated Passive Devices 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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