| Product Code: ETC7914918 | 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 imports of man-portable anti-armor weapons in 2024 continued to be sourced primarily from Switzerland, Germany, Sweden, Italy, and the USA. Despite a high level of market concentration, the industry experienced a significant decline in CAGR from 2020 to 2024 at -15.19%. However, there was a notable rebound in growth rate from 2023 to 2024, showing a positive trend of 11.97%. This data suggests a dynamic market landscape with opportunities for both domestic and international suppliers to meet Latvia`s demand for anti-armor weapons.

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 Man portable Anti armor Weapons Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Man portable Anti armor Weapons Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Man portable Anti armor Weapons Market - Industry Life Cycle |
3.4 Latvia Man portable Anti armor Weapons Market - Porter's Five Forces |
3.5 Latvia Man portable Anti armor Weapons Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Latvia Man portable Anti armor Weapons Market Revenues & Volume Share, By Weapon Systems, 2021 & 2031F |
3.7 Latvia Man portable Anti armor Weapons Market Revenues & Volume Share, By Assembly Type, 2021 & 2031F |
4 Latvia Man portable Anti armor Weapons Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing defense budget of Latvia |
4.2.2 Rising geopolitical tensions in the region |
4.2.3 Modernization and upgrade programs of the Latvian Armed Forces |
4.3 Market Restraints |
4.3.1 Stringent regulations on arms exports |
4.3.2 Limited defense procurement budgets |
4.3.3 Technological advancements leading to higher costs of man-portable anti-armor weapons |
5 Latvia Man portable Anti armor Weapons Market Trends |
6 Latvia Man portable Anti armor Weapons Market, By Types |
6.1 Latvia Man portable Anti armor Weapons Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Latvia Man portable Anti armor Weapons Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Latvia Man portable Anti armor Weapons Market Revenues & Volume, By Guided, 2021- 2031F |
6.1.4 Latvia Man portable Anti armor Weapons Market Revenues & Volume, By Unguided, 2021- 2031F |
6.2 Latvia Man portable Anti armor Weapons Market, By Weapon Systems |
6.2.1 Overview and Analysis |
6.2.2 Latvia Man portable Anti armor Weapons Market Revenues & Volume, By Man-portable Air Defense Systems (MANPADS), 2021- 2031F |
6.2.3 Latvia Man portable Anti armor Weapons Market Revenues & Volume, By Rocket-propelled Grenade Launchers, 2021- 2031F |
6.2.4 Latvia Man portable Anti armor Weapons Market Revenues & Volume, By Anti-tank Guided Missiles (ATGMs), 2021- 2031F |
6.3 Latvia Man portable Anti armor Weapons Market, By Assembly Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Man portable Anti armor Weapons Market Revenues & Volume, By Projectile, 2021- 2031F |
6.3.3 Latvia Man portable Anti armor Weapons Market Revenues & Volume, By Launcher, 2021- 2031F |
7 Latvia Man portable Anti armor Weapons Market Import-Export Trade Statistics |
7.1 Latvia Man portable Anti armor Weapons Market Export to Major Countries |
7.2 Latvia Man portable Anti armor Weapons Market Imports from Major Countries |
8 Latvia Man portable Anti armor Weapons Market Key Performance Indicators |
8.1 Number of defense contracts awarded by the Latvian government |
8.2 Rate of adoption of new technologies in man-portable anti-armor weapons |
8.3 Percentage of defense budget allocated to procurement and modernization of anti-armor weapons |
9 Latvia Man portable Anti armor Weapons Market - Opportunity Assessment |
9.1 Latvia Man portable Anti armor Weapons Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Latvia Man portable Anti armor Weapons Market Opportunity Assessment, By Weapon Systems, 2021 & 2031F |
9.3 Latvia Man portable Anti armor Weapons Market Opportunity Assessment, By Assembly Type, 2021 & 2031F |
10 Latvia Man portable Anti armor Weapons Market - Competitive Landscape |
10.1 Latvia Man portable Anti armor Weapons Market Revenue Share, By Companies, 2024 |
10.2 Latvia Man portable Anti armor Weapons Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |