Latvia Light Weapons Market (2025-2031) | Analysis, Industry, Revenue, Segmentation, Value, Share, Forecast, Trends, Outlook, Size, Companies & Growth

Name: Latvia Light Weapons Market (2025-2031) | Analysis & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Light Weapons Market, Latvia Light Weapons Market, Latvia Light Weapons Market Revenues, Latvia Light Weapons Market Share, Latvia Light Weapons Market Size, Latvia Light Weapons Market Outlook, Latvia Light Weapons Market Report, Latvia Light Weapons Market Competition, Latvia Light Weapons Market Overview, Latvia Light Weapons Market Trends, Latvia Light Weapons Market Forecast

Market Forecast By Type (Heavy Machine Guns, Light Cannon, Recoilless Rifles, MANPADS, Grenades, 9=‚„MANPAT, Infantry Mortar), By Guidance (Guided, Unguided), By Application (Defense, Homeland Security) And Competitive Landscape

Product Code: ETC5036365	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

Latvia Light Weapons Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s light weapons import shipments in 2024 saw a shift in concentration from low to moderate, indicating a more diverse import market. Top exporters like Germany, Czechia, and China continue to play a significant role in supplying light weapons to Latvia, along with Estonia and Turkey. Despite a negative compound annual growth rate (CAGR) of -18.25% from 2020 to 2024, the growth rate in 2024 showed a positive trend of 7.81%. This suggests potential opportunities for market expansion and diversification in the coming years within Latvia`s light weapons import sector.

Latvia Light Weapons Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Latvia Light Weapons Market Outlook
Market Size of Latvia Light Weapons Market, 2024
Forecast of Latvia Light Weapons Market, 2031
Historical Data and Forecast of Latvia Light Weapons Revenues & Volume for the Period 2021-2031
Latvia Light Weapons Market Trend Evolution
Latvia Light Weapons Market Drivers and Challenges
Latvia Light Weapons Price Trends
Latvia Light Weapons Porter`s Five Forces
Latvia Light Weapons Industry Life Cycle
Historical Data and Forecast of Latvia Light Weapons Market Revenues & Volume By Type for the Period 2021-2031
Historical Data and Forecast of Latvia Light Weapons Market Revenues & Volume By Heavy Machine Guns for the Period 2021-2031
Historical Data and Forecast of Latvia Light Weapons Market Revenues & Volume By Light Cannon for the Period 2021-2031
Historical Data and Forecast of Latvia Light Weapons Market Revenues & Volume By Recoilless Rifles for the Period 2021-2031
Historical Data and Forecast of Latvia Light Weapons Market Revenues & Volume By MANPADS for the Period 2021-2031
Historical Data and Forecast of Latvia Light Weapons Market Revenues & Volume By Grenades for the Period 2021-2031
Historical Data and Forecast of Latvia Light Weapons Market Revenues & Volume By 9=??MANPAT for the Period 2021-2031
Historical Data and Forecast of Latvia Light Weapons Market Revenues & Volume By Infantry Mortar for the Period 2021-2031
Historical Data and Forecast of Latvia Light Weapons Market Revenues & Volume By Guidance for the Period 2021-2031
Historical Data and Forecast of Latvia Light Weapons Market Revenues & Volume By Guided for the Period 2021-2031
Historical Data and Forecast of Latvia Light Weapons Market Revenues & Volume By Unguided for the Period 2021-2031
Historical Data and Forecast of Latvia Light Weapons Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Latvia Light Weapons Market Revenues & Volume By Defense for the Period 2021-2031
Historical Data and Forecast of Latvia Light Weapons Market Revenues & Volume By Homeland Security for the Period 2021-2031
Latvia Light Weapons Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By Guidance
Market Opportunity Assessment By Application
Latvia Light Weapons Top Companies Market Share
Latvia Light Weapons Competitive Benchmarking By Technical and Operational Parameters
Latvia Light Weapons Company Profiles
Latvia Light Weapons Key Strategic Recommendations

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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 Weapons Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Light Weapons Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Light Weapons Market - Industry Life Cycle

3.4 Latvia Light Weapons Market - Porter's Five Forces

3.5 Latvia Light Weapons Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Light Weapons Market Revenues & Volume Share, By Guidance, 2021 & 2031F

3.7 Latvia Light Weapons Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia Light Weapons Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing defense budget allocation by the Latvian government

4.2.2 Rising security concerns and threats in the region

4.2.3 Technological advancements in light weapons manufacturing

4.3 Market Restraints

4.3.1 Stringent regulations on arms exports and imports

4.3.2 Limited domestic production capacity for light weapons

4.3.3 Volatility in global arms trade policies

5 Latvia Light Weapons Market Trends

6 Latvia Light Weapons Market Segmentations

6.1 Latvia Light Weapons Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Light Weapons Market Revenues & Volume, By Heavy Machine Guns, 2021-2031F

6.1.3 Latvia Light Weapons Market Revenues & Volume, By Light Cannon, 2021-2031F

6.1.4 Latvia Light Weapons Market Revenues & Volume, By Recoilless Rifles, 2021-2031F

6.1.5 Latvia Light Weapons Market Revenues & Volume, By MANPADS, 2021-2031F

6.1.6 Latvia Light Weapons Market Revenues & Volume, By Grenades, 2021-2031F

6.1.7 Latvia Light Weapons Market Revenues & Volume, By 9=? ?MANPAT, 2021-2031F

6.2 Latvia Light Weapons Market, By Guidance

6.2.1 Overview and Analysis

6.2.2 Latvia Light Weapons Market Revenues & Volume, By Guided, 2021-2031F

6.2.3 Latvia Light Weapons Market Revenues & Volume, By Unguided, 2021-2031F

6.3 Latvia Light Weapons Market, By Application

6.3.1 Overview and Analysis

6.3.2 Latvia Light Weapons Market Revenues & Volume, By Defense, 2021-2031F

6.3.3 Latvia Light Weapons Market Revenues & Volume, By Homeland Security, 2021-2031F

7 Latvia Light Weapons Market Import-Export Trade Statistics

7.1 Latvia Light Weapons Market Export to Major Countries

7.2 Latvia Light Weapons Market Imports from Major Countries

8 Latvia Light Weapons Market Key Performance Indicators

8.1 Number of defense contracts awarded in Latvia

8.2 Investment in research and development for light weapons technology

8.3 Percentage of defense budget allocated to light weapons procurement

8.4 Number of joint ventures or collaborations in the light weapons industry

8.5 Rate of adoption of new light weapons technologies by the Latvian military

9 Latvia Light Weapons Market - Opportunity Assessment

9.1 Latvia Light Weapons Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Light Weapons Market Opportunity Assessment, By Guidance, 2021 & 2031F

9.3 Latvia Light Weapons Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia Light Weapons Market - Competitive Landscape

10.1 Latvia Light Weapons Market Revenue Share, By Companies, 2024

10.2 Latvia Light Weapons Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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