| Product Code: ETC12451957 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Latvia saw a steady increase in the import of inverter duty motors, with top exporting countries including Germany, Finland, Turkey, Italy, and Poland. The market concentration, as measured by the HHI, remained moderate, indicating a healthy level of competition. The impressive compound annual growth rate (CAGR) of 17.15% from 2020 to 2024 highlights the growing demand for these motors in Latvia. Additionally, the growth rate of 2.31% from 2023 to 2024 shows continued momentum in the market, making it an attractive destination for inverter duty motor exporters.
| 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 Inverter Duty Motors Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Inverter Duty Motors Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Inverter Duty Motors Market - Industry Life Cycle | 
| 3.4 Latvia Inverter Duty Motors Market - Porter's Five Forces | 
| 3.5 Latvia Inverter Duty Motors Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 3.6 Latvia Inverter Duty Motors Market Revenues & Volume Share, By Construction Material, 2021 & 2031F | 
| 3.7 Latvia Inverter Duty Motors Market Revenues & Volume Share, By End User, 2021 & 2031F | 
| 4 Latvia Inverter Duty Motors Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.3 Market Restraints | 
| 5 Latvia Inverter Duty Motors Market Trends | 
| 6 Latvia Inverter Duty Motors Market, By Types | 
| 6.1 Latvia Inverter Duty Motors Market, By Application | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Inverter Duty Motors Market Revenues & Volume, By Application, 2021 - 2031F | 
| 6.1.3 Latvia Inverter Duty Motors Market Revenues & Volume, By Pumps , 2021 - 2031F | 
| 6.1.4 Latvia Inverter Duty Motors Market Revenues & Volume, By Fans , 2021 - 2031F | 
| 6.1.5 Latvia Inverter Duty Motors Market Revenues & Volume, By Conveyors , 2021 - 2031F | 
| 6.1.6 Latvia Inverter Duty Motors Market Revenues & Volume, By Extruders , 2021 - 2031F | 
| 6.1.7 Latvia Inverter Duty Motors Market Revenues & Volume, By Compressors , 2021 - 2031F | 
| 6.1.8 Latvia Inverter Duty Motors Market Revenues & Volume, By Other industrial applications , 2021 - 2029F | 
| 6.2 Latvia Inverter Duty Motors Market, By Construction Material | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Inverter Duty Motors Market Revenues & Volume, By Laminated steel , 2021 - 2031F | 
| 6.2.3 Latvia Inverter Duty Motors Market Revenues & Volume, By Cast iron , 2021 - 2031F | 
| 6.2.4 Latvia Inverter Duty Motors Market Revenues & Volume, By Aluminum , 2021 - 2031F | 
| 6.3 Latvia Inverter Duty Motors Market, By End User | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Latvia Inverter Duty Motors Market Revenues & Volume, By Oil & Gas , 2021 - 2031F | 
| 6.3.3 Latvia Inverter Duty Motors Market Revenues & Volume, By Chemicals , 2021 - 2031F | 
| 6.3.4 Latvia Inverter Duty Motors Market Revenues & Volume, By Metal & Mining , 2021 - 2031F | 
| 6.3.5 Latvia Inverter Duty Motors Market Revenues & Volume, By Food & Beverage , 2021 - 2031F | 
| 6.3.6 Latvia Inverter Duty Motors Market Revenues & Volume, By Paper & Pulp , 2021 - 2031F | 
| 6.3.7 Latvia Inverter Duty Motors Market Revenues & Volume, By Water Treatment , 2021 - 2029F | 
| 7 Latvia Inverter Duty Motors Market Import-Export Trade Statistics | 
| 7.1 Latvia Inverter Duty Motors Market Export to Major Countries | 
| 7.2 Latvia Inverter Duty Motors Market Imports from Major Countries | 
| 8 Latvia Inverter Duty Motors Market Key Performance Indicators | 
| 9 Latvia Inverter Duty Motors Market - Opportunity Assessment | 
| 9.1 Latvia Inverter Duty Motors Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 9.2 Latvia Inverter Duty Motors Market Opportunity Assessment, By Construction Material, 2021 & 2031F | 
| 9.3 Latvia Inverter Duty Motors Market Opportunity Assessment, By End User, 2021 & 2031F | 
| 10 Latvia Inverter Duty Motors Market - Competitive Landscape | 
| 10.1 Latvia Inverter Duty Motors Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Inverter Duty Motors Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 
| 13 Disclaimer |