| Product Code: ETC12850741 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Latvia`s inverter welder import market in 2024 continues to be fueled by shipments from top exporting countries such as Finland, Estonia, China, Poland, and Lithuania. The market shows moderate concentration, reflected by the Herfindahl-Hirschman Index (HHI). However, the compound annual growth rate (CAGR) from 2020 to 2024 experienced a decline of -15.14%, with a further decrease in the growth rate from 2023 to 2024 at -7.69%. These trends suggest a challenging environment for inverter welder imports in Latvia, potentially influenced by various economic factors and market conditions.

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 Welder Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Inverter Welder Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Inverter Welder Market - Industry Life Cycle |
3.4 Latvia Inverter Welder Market - Porter's Five Forces |
3.5 Latvia Inverter Welder Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Inverter Welder Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.7 Latvia Inverter Welder Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.8 Latvia Inverter Welder Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Inverter Welder Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of advanced welding technologies in Latvia |
4.2.2 Growing demand for energy-efficient and cost-effective welding solutions |
4.2.3 Expansion of manufacturing and construction industries in Latvia |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with inverter welders |
4.3.2 Limited awareness and technical expertise among end-users in Latvia |
5 Latvia Inverter Welder Market Trends |
6 Latvia Inverter Welder Market, By Types |
6.1 Latvia Inverter Welder Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Inverter Welder Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Inverter Welder Market Revenues & Volume, By MMA, 2021 - 2031F |
6.1.4 Latvia Inverter Welder Market Revenues & Volume, By TIG, 2021 - 2031F |
6.1.5 Latvia Inverter Welder Market Revenues & Volume, By MIG MAG, 2021 - 2031F |
6.2 Latvia Inverter Welder Market, By Power Source |
6.2.1 Overview and Analysis |
6.2.2 Latvia Inverter Welder Market Revenues & Volume, By Battery-powered, 2021 - 2031F |
6.2.3 Latvia Inverter Welder Market Revenues & Volume, By Electric-powered, 2021 - 2031F |
6.3 Latvia Inverter Welder Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Inverter Welder Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.3 Latvia Inverter Welder Market Revenues & Volume, By Construction, 2021 - 2031F |
6.3.4 Latvia Inverter Welder Market Revenues & Volume, By Aerospace, 2021 - 2031F |
6.3.5 Latvia Inverter Welder Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.4 Latvia Inverter Welder Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Latvia Inverter Welder Market Revenues & Volume, By Online, 2021 - 2031F |
6.4.3 Latvia Inverter Welder Market Revenues & Volume, By Offline, 2021 - 2031F |
7 Latvia Inverter Welder Market Import-Export Trade Statistics |
7.1 Latvia Inverter Welder Market Export to Major Countries |
7.2 Latvia Inverter Welder Market Imports from Major Countries |
8 Latvia Inverter Welder Market Key Performance Indicators |
8.1 Average utilization rate of inverter welders in manufacturing and construction sectors in Latvia |
8.2 Number of welding training programs or workshops conducted to enhance technical skills |
8.3 Percentage of inverter welders equipped with advanced features and automation technology |
9 Latvia Inverter Welder Market - Opportunity Assessment |
9.1 Latvia Inverter Welder Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Inverter Welder Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.3 Latvia Inverter Welder Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.4 Latvia Inverter Welder Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Inverter Welder Market - Competitive Landscape |
10.1 Latvia Inverter Welder Market Revenue Share, By Companies, 2024 |
10.2 Latvia Inverter Welder Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |