| Product Code: ETC12532981 | 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 import of light sensors in 2024 saw top shipments coming from Germany, Poland, China, Lithuania, and Finland, indicating a diverse import market. With a low concentration level measured by the Herfindahl-Hirschman Index (HHI), the market remains competitive. However, the industry experienced a decline with a Compound Annual Growth Rate (CAGR) of -2.85% from 2020 to 2024. Additionally, the growth rate from 2023 to 2024 showed a steeper decline at -11.95%, highlighting challenges faced by the sector in the recent year.

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 Sensor Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Light Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Light Sensor Market - Industry Life Cycle |
3.4 Latvia Light Sensor Market - Porter's Five Forces |
3.5 Latvia Light Sensor Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.6 Latvia Light Sensor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Light Sensor Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Light Sensor Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Latvia Light Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Light Sensor Market Trends |
6 Latvia Light Sensor Market, By Types |
6.1 Latvia Light Sensor Market, By Technology Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Light Sensor Market Revenues & Volume, By Technology Type, 2021 - 2031F |
6.1.3 Latvia Light Sensor Market Revenues & Volume, By Photodiodes, 2021 - 2031F |
6.1.4 Latvia Light Sensor Market Revenues & Volume, By Phototransistors, 2021 - 2031F |
6.1.5 Latvia Light Sensor Market Revenues & Volume, By Photovoltaic Cells, 2021 - 2031F |
6.1.6 Latvia Light Sensor Market Revenues & Volume, By CMOS, 2021 - 2031F |
6.2 Latvia Light Sensor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Light Sensor Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.2.3 Latvia Light Sensor Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.2.4 Latvia Light Sensor Market Revenues & Volume, By Industrial Automation, 2021 - 2031F |
6.2.5 Latvia Light Sensor Market Revenues & Volume, By Healthcare Devices, 2021 - 2031F |
6.3 Latvia Light Sensor Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Light Sensor Market Revenues & Volume, By Tech-Savvy Consumers, 2021 - 2031F |
6.3.3 Latvia Light Sensor Market Revenues & Volume, By Vehicle Manufacturers, 2021 - 2031F |
6.3.4 Latvia Light Sensor Market Revenues & Volume, By Factory Operators, 2021 - 2031F |
6.3.5 Latvia Light Sensor Market Revenues & Volume, By Medical Equipment Manufacturers, 2021 - 2031F |
6.4 Latvia Light Sensor Market, By Product Type |
6.4.1 Overview and Analysis |
6.4.2 Latvia Light Sensor Market Revenues & Volume, By Ambient Light Sensors, 2021 - 2031F |
6.4.3 Latvia Light Sensor Market Revenues & Volume, By Proximity Sensors, 2021 - 2031F |
6.4.4 Latvia Light Sensor Market Revenues & Volume, By Infrared Sensors, 2021 - 2031F |
6.4.5 Latvia Light Sensor Market Revenues & Volume, By Ultraviolet Sensors, 2021 - 2031F |
7 Latvia Light Sensor Market Import-Export Trade Statistics |
7.1 Latvia Light Sensor Market Export to Major Countries |
7.2 Latvia Light Sensor Market Imports from Major Countries |
8 Latvia Light Sensor Market Key Performance Indicators |
9 Latvia Light Sensor Market - Opportunity Assessment |
9.1 Latvia Light Sensor Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.2 Latvia Light Sensor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Light Sensor Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Light Sensor Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Latvia Light Sensor Market - Competitive Landscape |
10.1 Latvia Light Sensor Market Revenue Share, By Companies, 2024 |
10.2 Latvia Light Sensor 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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