| Product Code: ETC12638005 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Latvia`s import shipments of LCD backlight units saw significant growth in 2024, with top exporting countries being Denmark, Germany, China, Netherlands, and Estonia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) from 2020 to 2024 at 72.66% reflects strong demand and market expansion. Furthermore, the remarkable growth rate of 141.85% from 2023 to 2024 suggests a rapidly accelerating market trend, showcasing a thriving market for LCD backlight units 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 LCD Backlight Unit Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia LCD Backlight Unit Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia LCD Backlight Unit Market - Industry Life Cycle |
3.4 Latvia LCD Backlight Unit Market - Porter's Five Forces |
3.5 Latvia LCD Backlight Unit Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia LCD Backlight Unit Market Revenues & Volume Share, By Light Source, 2021 & 2031F |
3.7 Latvia LCD Backlight Unit Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia LCD Backlight Unit Market Revenues & Volume Share, By Screen Size, 2021 & 2031F |
3.9 Latvia LCD Backlight Unit Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Latvia LCD Backlight Unit Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for LCD displays in various applications such as televisions, smartphones, and automotive displays. |
4.2.2 Technological advancements leading to enhanced backlight unit efficiency and performance. |
4.2.3 Growing adoption of energy-efficient backlight units to meet sustainability goals. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in manufacturing LCD backlight units. |
4.3.2 Intense competition among key market players leading to price wars. |
4.3.3 Volatile demand due to economic uncertainties impacting consumer spending on electronic devices. |
5 Latvia LCD Backlight Unit Market Trends |
6 Latvia LCD Backlight Unit Market, By Types |
6.1 Latvia LCD Backlight Unit Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia LCD Backlight Unit Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia LCD Backlight Unit Market Revenues & Volume, By Edge-Lit, 2021 - 2031F |
6.1.4 Latvia LCD Backlight Unit Market Revenues & Volume, By Direct-Lit, 2021 - 2031F |
6.1.5 Latvia LCD Backlight Unit Market Revenues & Volume, By Mini-LED, 2021 - 2031F |
6.1.6 Latvia LCD Backlight Unit Market Revenues & Volume, By RGB LED, 2021 - 2031F |
6.1.7 Latvia LCD Backlight Unit Market Revenues & Volume, By WLED, 2021 - 2031F |
6.2 Latvia LCD Backlight Unit Market, By Light Source |
6.2.1 Overview and Analysis |
6.2.2 Latvia LCD Backlight Unit Market Revenues & Volume, By LED, 2021 - 2031F |
6.2.3 Latvia LCD Backlight Unit Market Revenues & Volume, By CCFL, 2021 - 2031F |
6.2.4 Latvia LCD Backlight Unit Market Revenues & Volume, By EL-WLED, 2021 - 2031F |
6.2.5 Latvia LCD Backlight Unit Market Revenues & Volume, By HCFL, 2021 - 2031F |
6.2.6 Latvia LCD Backlight Unit Market Revenues & Volume, By QD-LED, 2021 - 2031F |
6.3 Latvia LCD Backlight Unit Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia LCD Backlight Unit Market Revenues & Volume, By Televisions, 2021 - 2031F |
6.3.3 Latvia LCD Backlight Unit Market Revenues & Volume, By Monitors, 2021 - 2031F |
6.3.4 Latvia LCD Backlight Unit Market Revenues & Volume, By Laptops, 2021 - 2031F |
6.3.5 Latvia LCD Backlight Unit Market Revenues & Volume, By Smartphones, 2021 - 2031F |
6.3.6 Latvia LCD Backlight Unit Market Revenues & Volume, By Tablets, 2021 - 2031F |
6.4 Latvia LCD Backlight Unit Market, By Screen Size |
6.4.1 Overview and Analysis |
6.4.2 Latvia LCD Backlight Unit Market Revenues & Volume, By Small Screens, 2021 - 2031F |
6.4.3 Latvia LCD Backlight Unit Market Revenues & Volume, By Medium Screens, 2021 - 2031F |
6.4.4 Latvia LCD Backlight Unit Market Revenues & Volume, By Large Screens, 2021 - 2031F |
6.4.5 Latvia LCD Backlight Unit Market Revenues & Volume, By Extra-Large Screens, 2021 - 2031F |
6.4.6 Latvia LCD Backlight Unit Market Revenues & Volume, By Variable Sizes, 2021 - 2031F |
6.5 Latvia LCD Backlight Unit Market, By Technology |
6.5.1 Overview and Analysis |
6.5.2 Latvia LCD Backlight Unit Market Revenues & Volume, By TFT-LCD, 2021 - 2031F |
6.5.3 Latvia LCD Backlight Unit Market Revenues & Volume, By IPS-LCD, 2021 - 2031F |
6.5.4 Latvia LCD Backlight Unit Market Revenues & Volume, By VA-LCD, 2021 - 2031F |
6.5.5 Latvia LCD Backlight Unit Market Revenues & Volume, By QLED, 2021 - 2031F |
6.5.6 Latvia LCD Backlight Unit Market Revenues & Volume, By OLED, 2021 - 2031F |
7 Latvia LCD Backlight Unit Market Import-Export Trade Statistics |
7.1 Latvia LCD Backlight Unit Market Export to Major Countries |
7.2 Latvia LCD Backlight Unit Market Imports from Major Countries |
8 Latvia LCD Backlight Unit Market Key Performance Indicators |
8.1 Average power consumption per unit of backlight output. |
8.2 Percentage of LCD displays incorporating advanced backlight technologies. |
8.3 Adoption rate of energy-efficient backlight units in various end-user industries. |
9 Latvia LCD Backlight Unit Market - Opportunity Assessment |
9.1 Latvia LCD Backlight Unit Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia LCD Backlight Unit Market Opportunity Assessment, By Light Source, 2021 & 2031F |
9.3 Latvia LCD Backlight Unit Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia LCD Backlight Unit Market Opportunity Assessment, By Screen Size, 2021 & 2031F |
9.5 Latvia LCD Backlight Unit Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Latvia LCD Backlight Unit Market - Competitive Landscape |
10.1 Latvia LCD Backlight Unit Market Revenue Share, By Companies, 2024 |
10.2 Latvia LCD Backlight Unit 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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