| Product Code: ETC12858421 | 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 |
The Latvia market for IPS displays saw a shift in supplier concentration from low to moderate in 2024, with top importing countries being Spain, Lithuania, China, Netherlands, and Germany. The negative Compound Annual Growth Rate (CAGR) of -6.66% from 2020 to 2024 indicates a decline in overall import volumes. Furthermore, the sharp decline in growth rate from 2023 to 2024 at -31.28% suggests a challenging market environment. Monitoring these trends and understanding the changing dynamics of the market will be crucial for stakeholders in the IPS display import industry.

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 IPS Display Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia IPS Display Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia IPS Display Market - Industry Life Cycle |
3.4 Latvia IPS Display Market - Porter's Five Forces |
3.5 Latvia IPS Display Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Latvia IPS Display Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Latvia IPS Display Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia IPS Display Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-resolution displays in gaming and entertainment industries |
4.2.2 Growing adoption of IPS technology in smartphones and tablets |
4.2.3 Rising investments in digital signage and advertising sectors |
4.3 Market Restraints |
4.3.1 Price sensitivity among consumers in the region |
4.3.2 Limited awareness and understanding of IPS display technology |
4.3.3 Competition from other display technologies like OLED and QLED |
5 Latvia IPS Display Market Trends |
6 Latvia IPS Display Market, By Types |
6.1 Latvia IPS Display Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia IPS Display Market Revenues & Volume, By Application, 2021 - 2031F |
6.1.3 Latvia IPS Display Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.1.4 Latvia IPS Display Market Revenues & Volume, By Automotive Displays, 2021 - 2031F |
6.1.5 Latvia IPS Display Market Revenues & Volume, By Medical Displays, 2021 - 2031F |
6.1.6 Latvia IPS Display Market Revenues & Volume, By Industrial Monitors, 2021 - 2031F |
6.2 Latvia IPS Display Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Latvia IPS Display Market Revenues & Volume, By LCD, 2021 - 2031F |
6.2.3 Latvia IPS Display Market Revenues & Volume, By LED, 2021 - 2031F |
6.2.4 Latvia IPS Display Market Revenues & Volume, By OLED, 2021 - 2031F |
6.3 Latvia IPS Display Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia IPS Display Market Revenues & Volume, By Retail, 2021 - 2031F |
6.3.3 Latvia IPS Display Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.3.4 Latvia IPS Display Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.5 Latvia IPS Display Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
7 Latvia IPS Display Market Import-Export Trade Statistics |
7.1 Latvia IPS Display Market Export to Major Countries |
7.2 Latvia IPS Display Market Imports from Major Countries |
8 Latvia IPS Display Market Key Performance Indicators |
8.1 Average selling price (ASP) of IPS displays in the Latvian market |
8.2 Adoption rate of IPS displays in different consumer electronic devices |
8.3 Number of new partnerships and collaborations for IPS display technology development |
8.4 Average time to market for new IPS display products |
8.5 Rate of display technology upgrades among Latvian businesses and organizations |
9 Latvia IPS Display Market - Opportunity Assessment |
9.1 Latvia IPS Display Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Latvia IPS Display Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Latvia IPS Display Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia IPS Display Market - Competitive Landscape |
10.1 Latvia IPS Display Market Revenue Share, By Companies, 2024 |
10.2 Latvia IPS Display 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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