| Product Code: ETC5193837 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia continued to witness a significant influx of lathe machine chucks import shipments, with top exporting countries being Germany, Poland, Denmark, Italy, and Finland. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a negative compound annual growth rate (CAGR) of -10.34% from 2020 to 2024, there was a notable growth rate of 11.84% in 2024. This suggests a potential rebound in the market and opportunities for further expansion and diversification in the lathe machine chucks industry 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 Lathe Machine Chucks Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Lathe Machine Chucks Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Lathe Machine Chucks Market - Industry Life Cycle |
3.4 Latvia Lathe Machine Chucks Market - Porter's Five Forces |
3.5 Latvia Lathe Machine Chucks Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.6 Latvia Lathe Machine Chucks Market Revenues & Volume Share, By Machine Type, 2021 & 2031F |
3.7 Latvia Lathe Machine Chucks Market Revenues & Volume Share, By Operation, 2021 & 2031F |
3.8 Latvia Lathe Machine Chucks Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia Lathe Machine Chucks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for precision manufacturing in industries such as automotive and aerospace |
4.2.2 Technological advancements leading to the development of more efficient and accurate lathe machine chucks |
4.2.3 Growing focus on automation and efficiency in manufacturing processes |
4.3 Market Restraints |
4.3.1 High initial investment required for purchasing lathe machine chucks |
4.3.2 Limited availability of skilled labor for operating and maintaining lathe machines |
4.3.3 Fluctuations in raw material prices affecting the cost of manufacturing lathe machine chucks |
5 Latvia Lathe Machine Chucks Market Trends |
6 Latvia Lathe Machine Chucks Market Segmentations |
6.1 Latvia Lathe Machine Chucks Market, By Capacity |
6.1.1 Overview and Analysis |
6.1.2 Latvia Lathe Machine Chucks Market Revenues & Volume, By Small Duty Lathe Machine Chucks, 2021-2031F |
6.1.3 Latvia Lathe Machine Chucks Market Revenues & Volume, By Medium Duty Lathe Machine Chucks, 2021-2031F |
6.1.4 Latvia Lathe Machine Chucks Market Revenues & Volume, By Heavy Duty Lathe Machine Chucks, 2021-2031F |
6.2 Latvia Lathe Machine Chucks Market, By Machine Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Lathe Machine Chucks Market Revenues & Volume, By Mechanical Lathes, 2021-2031F |
6.2.3 Latvia Lathe Machine Chucks Market Revenues & Volume, By Cnc, 2021-2031F |
6.3 Latvia Lathe Machine Chucks Market, By Operation |
6.3.1 Overview and Analysis |
6.3.2 Latvia Lathe Machine Chucks Market Revenues & Volume, By Manual Chucks, 2021-2031F |
6.3.3 Latvia Lathe Machine Chucks Market Revenues & Volume, By Power Chucks, 2021-2031F |
6.4 Latvia Lathe Machine Chucks Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Latvia Lathe Machine Chucks Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.3 Latvia Lathe Machine Chucks Market Revenues & Volume, By Chemical Processing, 2021-2031F |
6.4.4 Latvia Lathe Machine Chucks Market Revenues & Volume, By Construction, 2021-2031F |
6.4.5 Latvia Lathe Machine Chucks Market Revenues & Volume, By Defense & Aerospace, 2021-2031F |
6.4.6 Latvia Lathe Machine Chucks Market Revenues & Volume, By Electronic, 2021-2031F |
6.4.7 Latvia Lathe Machine Chucks Market Revenues & Volume, By General Machining, 2021-2031F |
6.4.8 Latvia Lathe Machine Chucks Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.4.9 Latvia Lathe Machine Chucks Market Revenues & Volume, By Oil & Gas, 2021-2031F |
7 Latvia Lathe Machine Chucks Market Import-Export Trade Statistics |
7.1 Latvia Lathe Machine Chucks Market Export to Major Countries |
7.2 Latvia Lathe Machine Chucks Market Imports from Major Countries |
8 Latvia Lathe Machine Chucks Market Key Performance Indicators |
8.1 Average utilization rate of lathe machine chucks in manufacturing facilities |
8.2 Percentage of defects in products produced using lathe machine chucks |
8.3 Average maintenance downtime of lathe machines |
9 Latvia Lathe Machine Chucks Market - Opportunity Assessment |
9.1 Latvia Lathe Machine Chucks Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.2 Latvia Lathe Machine Chucks Market Opportunity Assessment, By Machine Type, 2021 & 2031F |
9.3 Latvia Lathe Machine Chucks Market Opportunity Assessment, By Operation, 2021 & 2031F |
9.4 Latvia Lathe Machine Chucks Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia Lathe Machine Chucks Market - Competitive Landscape |
10.1 Latvia Lathe Machine Chucks Market Revenue Share, By Companies, 2024 |
10.2 Latvia Lathe Machine Chucks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |