| Product Code: ETC7913520 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The intelligent power module (IPM) import shipments to Latvia in 2024 were primarily sourced from China, USA, Taiwan, Province of China, Germany, and the Philippines. The market saw a significant shift in concentration levels with HHI transitioning from low to very high in just one year. The compound annual growth rate (CAGR) for the period 2020-2024 was -7.67%, indicating a decline in imports over the years. The growth rate from 2023 to 2024 further plummeted by -53.38%, reflecting a challenging market environment for IPM imports in Latvia.

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 Intelligent Power Module (IPM) Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Intelligent Power Module (IPM) Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Intelligent Power Module (IPM) Market - Industry Life Cycle |
3.4 Latvia Intelligent Power Module (IPM) Market - Porter's Five Forces |
3.5 Latvia Intelligent Power Module (IPM) Market Revenues & Volume Share, By Current Rating, 2021 & 2031F |
3.6 Latvia Intelligent Power Module (IPM) Market Revenues & Volume Share, By Voltage Rating, 2021 & 2031F |
3.7 Latvia Intelligent Power Module (IPM) Market Revenues & Volume Share, By Circuit Configuartion, 2021 & 2031F |
3.8 Latvia Intelligent Power Module (IPM) Market Revenues & Volume Share, By Power Device, 2021 & 2031F |
3.9 Latvia Intelligent Power Module (IPM) Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Latvia Intelligent Power Module (IPM) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient solutions in Latvia |
4.2.2 Growing focus on renewable energy sources |
4.2.3 Technological advancements in intelligent power module (IPM) technology |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing IPM solutions |
4.3.2 Lack of skilled professionals in the IPM industry |
4.3.3 Regulatory challenges and compliance issues |
5 Latvia Intelligent Power Module (IPM) Market Trends |
6 Latvia Intelligent Power Module (IPM) Market, By Types |
6.1 Latvia Intelligent Power Module (IPM) Market, By Current Rating |
6.1.1 Overview and Analysis |
6.1.2 Latvia Intelligent Power Module (IPM) Market Revenues & Volume, By Current Rating, 2021- 2031F |
6.1.3 Latvia Intelligent Power Module (IPM) Market Revenues & Volume, By Up to 100 A, 2021- 2031F |
6.1.4 Latvia Intelligent Power Module (IPM) Market Revenues & Volume, By 101600 A, 2021- 2031F |
6.1.5 Latvia Intelligent Power Module (IPM) Market Revenues & Volume, By Above 600 A, 2021- 2031F |
6.2 Latvia Intelligent Power Module (IPM) Market, By Voltage Rating |
6.2.1 Overview and Analysis |
6.2.2 Latvia Intelligent Power Module (IPM) Market Revenues & Volume, By Up to 600 V, 2021- 2031F |
6.2.3 Latvia Intelligent Power Module (IPM) Market Revenues & Volume, By 60112,00 V, 2021- 2031F |
6.2.4 Latvia Intelligent Power Module (IPM) Market Revenues & Volume, By Above 1,200 V, 2021- 2031F |
6.3 Latvia Intelligent Power Module (IPM) Market, By Circuit Configuartion |
6.3.1 Overview and Analysis |
6.3.2 Latvia Intelligent Power Module (IPM) Market Revenues & Volume, By 6-Pack, 2021- 2031F |
6.3.3 Latvia Intelligent Power Module (IPM) Market Revenues & Volume, By 7-Pack, 2021- 2031F |
6.3.4 Latvia Intelligent Power Module (IPM) Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Latvia Intelligent Power Module (IPM) Market, By Power Device |
6.4.1 Overview and Analysis |
6.4.2 Latvia Intelligent Power Module (IPM) Market Revenues & Volume, By IGBT, 2021- 2031F |
6.4.3 Latvia Intelligent Power Module (IPM) Market Revenues & Volume, By MOSFET, 2021- 2031F |
6.5 Latvia Intelligent Power Module (IPM) Market, By Vertical |
6.5.1 Overview and Analysis |
6.5.2 Latvia Intelligent Power Module (IPM) Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.5.3 Latvia Intelligent Power Module (IPM) Market Revenues & Volume, By ICT, 2021- 2031F |
6.5.4 Latvia Intelligent Power Module (IPM) Market Revenues & Volume, By Automotive, 2021- 2031F |
6.5.5 Latvia Intelligent Power Module (IPM) Market Revenues & Volume, By Industrial, 2021- 2031F |
6.5.6 Latvia Intelligent Power Module (IPM) Market Revenues & Volume, By Aerospace, 2021- 2031F |
6.5.7 Latvia Intelligent Power Module (IPM) Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Intelligent Power Module (IPM) Market Import-Export Trade Statistics |
7.1 Latvia Intelligent Power Module (IPM) Market Export to Major Countries |
7.2 Latvia Intelligent Power Module (IPM) Market Imports from Major Countries |
8 Latvia Intelligent Power Module (IPM) Market Key Performance Indicators |
8.1 Energy savings achieved through IPM installations |
8.2 Number of new IPM technologies adopted in Latvia |
8.3 Reduction in carbon footprint with the use of IPMs |
8.4 Efficiency improvement in power systems through IPM implementation |
8.5 Rate of adoption of IPM solutions by key industries in Latvia |
9 Latvia Intelligent Power Module (IPM) Market - Opportunity Assessment |
9.1 Latvia Intelligent Power Module (IPM) Market Opportunity Assessment, By Current Rating, 2021 & 2031F |
9.2 Latvia Intelligent Power Module (IPM) Market Opportunity Assessment, By Voltage Rating, 2021 & 2031F |
9.3 Latvia Intelligent Power Module (IPM) Market Opportunity Assessment, By Circuit Configuartion, 2021 & 2031F |
9.4 Latvia Intelligent Power Module (IPM) Market Opportunity Assessment, By Power Device, 2021 & 2031F |
9.5 Latvia Intelligent Power Module (IPM) Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Latvia Intelligent Power Module (IPM) Market - Competitive Landscape |
10.1 Latvia Intelligent Power Module (IPM) Market Revenue Share, By Companies, 2024 |
10.2 Latvia Intelligent Power Module (IPM) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |