| Product Code: ETC12570229 | 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 |
In 2024, Latvia saw significant imports of long-range radar systems from top exporting countries including Netherlands, Canada, Hungary, Germany, and Sweden. The market concentration, as measured by HHI, decreased from moderate to low in 2024, indicating a more diversified import market. However, the industry experienced a negative compound annual growth rate (CAGR) of -9.65% from 2020 to 2024, with a steep decline in growth rate of -42.56% from 2023 to 2024. This suggests a challenging landscape for the long-range radar systems market in Latvia, potentially influenced by various factors impacting the industry.

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 Long Range Radar Systems Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Long Range Radar Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Long Range Radar Systems Market - Industry Life Cycle |
3.4 Latvia Long Range Radar Systems Market - Porter's Five Forces |
3.5 Latvia Long Range Radar Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Latvia Long Range Radar Systems Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latvia Long Range Radar Systems Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.8 Latvia Long Range Radar Systems Market Revenues & Volume Share, By End use, 2021 & 2031F |
4 Latvia Long Range Radar Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing defense budget of Latvia |
4.2.2 Growing demand for advanced radar systems for border security |
4.2.3 Technological advancements in radar systems |
4.3 Market Restraints |
4.3.1 High initial investment costs for implementing long range radar systems |
4.3.2 Limited skilled workforce for radar system maintenance and operation |
5 Latvia Long Range Radar Systems Market Trends |
6 Latvia Long Range Radar Systems Market, By Types |
6.1 Latvia Long Range Radar Systems Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Long Range Radar Systems Market Revenues & Volume, By Application, 2021 - 2031F |
6.1.3 Latvia Long Range Radar Systems Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.1.4 Latvia Long Range Radar Systems Market Revenues & Volume, By Aerospace, 2021 - 2031F |
6.1.5 Latvia Long Range Radar Systems Market Revenues & Volume, By Defense, 2021 - 2031F |
6.1.6 Latvia Long Range Radar Systems Market Revenues & Volume, By Maritime, 2021 - 2031F |
6.1.7 Latvia Long Range Radar Systems Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.2 Latvia Long Range Radar Systems Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Long Range Radar Systems Market Revenues & Volume, By FMCW Radar, 2021 - 2031F |
6.2.3 Latvia Long Range Radar Systems Market Revenues & Volume, By Pulse Radar, 2021 - 2031F |
6.2.4 Latvia Long Range Radar Systems Market Revenues & Volume, By Doppler Radar, 2021 - 2031F |
6.2.5 Latvia Long Range Radar Systems Market Revenues & Volume, By Monopulse Radar, 2021 - 2031F |
6.2.6 Latvia Long Range Radar Systems Market Revenues & Volume, By Phased Array Radar, 2021 - 2031F |
6.3 Latvia Long Range Radar Systems Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Latvia Long Range Radar Systems Market Revenues & Volume, By High-Resolution Radar, 2021 - 2031F |
6.3.3 Latvia Long Range Radar Systems Market Revenues & Volume, By Millimeter Wave Radar, 2021 - 2031F |
6.3.4 Latvia Long Range Radar Systems Market Revenues & Volume, By Long Wave Radar, 2021 - 2031F |
6.3.5 Latvia Long Range Radar Systems Market Revenues & Volume, By Ultra-Wideband Radar, 2021 - 2031F |
6.3.6 Latvia Long Range Radar Systems Market Revenues & Volume, By Frequency Modulated Continuous Wave Radar, 2021 - 2031F |
6.4 Latvia Long Range Radar Systems Market, By End use |
6.4.1 Overview and Analysis |
6.4.2 Latvia Long Range Radar Systems Market Revenues & Volume, By Civil, 2021 - 2031F |
6.4.3 Latvia Long Range Radar Systems Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.4.4 Latvia Long Range Radar Systems Market Revenues & Volume, By Military, 2021 - 2031F |
7 Latvia Long Range Radar Systems Market Import-Export Trade Statistics |
7.1 Latvia Long Range Radar Systems Market Export to Major Countries |
7.2 Latvia Long Range Radar Systems Market Imports from Major Countries |
8 Latvia Long Range Radar Systems Market Key Performance Indicators |
8.1 Percentage increase in government spending on defense technology |
8.2 Number of contracts signed for long range radar system installations |
8.3 Rate of adoption of radar system technology by defense agencies |
9 Latvia Long Range Radar Systems Market - Opportunity Assessment |
9.1 Latvia Long Range Radar Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Latvia Long Range Radar Systems Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Latvia Long Range Radar Systems Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.4 Latvia Long Range Radar Systems Market Opportunity Assessment, By End use, 2021 & 2031F |
10 Latvia Long Range Radar Systems Market - Competitive Landscape |
10.1 Latvia Long Range Radar Systems Market Revenue Share, By Companies, 2024 |
10.2 Latvia Long Range Radar Systems 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.
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