| Product Code: ETC7914380 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s import shipments of light attack and reconnaissance aircraft in 2024 continued to be dominated by key exporters such as the USA, Austria, Lithuania, Egypt, and Cyprus. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a remarkable compound annual growth rate (CAGR) of 47.81% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -19.71%. This data suggests a relatively stable market with strong import activity and strategic partnerships driving the growth of Latvia`s defense aviation sector.

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 Light Attack and Reconnaissance Aircraft Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Light Attack and Reconnaissance Aircraft Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Light Attack and Reconnaissance Aircraft Market - Industry Life Cycle |
3.4 Latvia Light Attack and Reconnaissance Aircraft Market - Porter's Five Forces |
3.5 Latvia Light Attack and Reconnaissance Aircraft Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Light Attack and Reconnaissance Aircraft Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Light Attack and Reconnaissance Aircraft Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing defense budget in Latvia |
4.2.2 Increasing focus on national security and defense preparedness |
4.2.3 Need for modernization and replacement of aging aircraft in the Latvian military |
4.3 Market Restraints |
4.3.1 High initial costs of acquiring light attack and reconnaissance aircraft |
4.3.2 Limited defense budget allocation for procurement of new aircraft |
4.3.3 Technological complexities and maintenance costs associated with advanced aircraft systems |
5 Latvia Light Attack and Reconnaissance Aircraft Market Trends |
6 Latvia Light Attack and Reconnaissance Aircraft Market, By Types |
6.1 Latvia Light Attack and Reconnaissance Aircraft Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Light Attack and Reconnaissance Aircraft Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Light Attack and Reconnaissance Aircraft Market Revenues & Volume, By F???d-W?ng L?ght ?tt??k and R???nn?????n?? ??r?r?ft, 2021- 2031F |
6.1.4 Latvia Light Attack and Reconnaissance Aircraft Market Revenues & Volume, By R?t?r?-w?ng L?ght ?tt??k and R???nn?????n?? ??r?r?ft, 2021- 2031F |
6.2 Latvia Light Attack and Reconnaissance Aircraft Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Light Attack and Reconnaissance Aircraft Market Revenues & Volume, By National Defense, 2021- 2031F |
6.2.3 Latvia Light Attack and Reconnaissance Aircraft Market Revenues & Volume, By War, 2021- 2031F |
7 Latvia Light Attack and Reconnaissance Aircraft Market Import-Export Trade Statistics |
7.1 Latvia Light Attack and Reconnaissance Aircraft Market Export to Major Countries |
7.2 Latvia Light Attack and Reconnaissance Aircraft Market Imports from Major Countries |
8 Latvia Light Attack and Reconnaissance Aircraft Market Key Performance Indicators |
8.1 Average age of existing aircraft fleet in Latvia |
8.2 Percentage of defense budget allocated to aircraft procurement |
8.3 Number of successful partnerships or collaborations with aircraft manufacturers for technology transfer |
8.4 Rate of adoption of new technologies in the light attack and reconnaissance aircraft sector in Latvia |
8.5 Level of interoperability with NATO allies in terms of aircraft capabilities and systems. |
9 Latvia Light Attack and Reconnaissance Aircraft Market - Opportunity Assessment |
9.1 Latvia Light Attack and Reconnaissance Aircraft Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Light Attack and Reconnaissance Aircraft Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Light Attack and Reconnaissance Aircraft Market - Competitive Landscape |
10.1 Latvia Light Attack and Reconnaissance Aircraft Market Revenue Share, By Companies, 2024 |
10.2 Latvia Light Attack and Reconnaissance Aircraft Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |