| Product Code: ETC12916597 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Latvia continued to witness a significant influx of marine deck cranes through imports, with top exporting countries including Austria, Australia, South Korea, Sweden, and Estonia. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market landscape. The impressive compound annual growth rate (CAGR) of 41.13% from 2020 to 2024 underscores the growing demand for marine deck cranes in Latvia. Moreover, the robust growth rate of 29.1% from 2023 to 2024 reflects a positive momentum in the market, suggesting a promising outlook for the industry in the coming years.
| 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 Marine Deck Cranes Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Marine Deck Cranes Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Marine Deck Cranes Market - Industry Life Cycle | 
| 3.4 Latvia Marine Deck Cranes Market - Porter's Five Forces | 
| 3.5 Latvia Marine Deck Cranes Market Revenues & Volume Share, By Type, 2021 & 2031F | 
| 3.6 Latvia Marine Deck Cranes Market Revenues & Volume Share, By Load Capacity (Tons), 2021 & 2031F | 
| 3.7 Latvia Marine Deck Cranes Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 3.8 Latvia Marine Deck Cranes Market Revenues & Volume Share, By End User, 2021 & 2031F | 
| 4 Latvia Marine Deck Cranes Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing demand for marine transportation and logistics services in Latvia | 
| 4.2.2 Growing investments in port infrastructure and development projects | 
| 4.2.3 Technological advancements in marine deck crane systems | 
| 4.3 Market Restraints | 
| 4.3.1 Economic uncertainty and fluctuations in the shipping industry | 
| 4.3.2 Stringent regulations and compliance standards affecting the adoption of marine deck cranes | 
| 5 Latvia Marine Deck Cranes Market Trends | 
| 6 Latvia Marine Deck Cranes Market, By Types | 
| 6.1 Latvia Marine Deck Cranes Market, By Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Marine Deck Cranes Market Revenues & Volume, By Type, 2021 - 2031F | 
| 6.1.3 Latvia Marine Deck Cranes Market Revenues & Volume, By Fixed Boom Crane, 2021 - 2031F | 
| 6.1.4 Latvia Marine Deck Cranes Market Revenues & Volume, By Telescopic Crane, 2021 - 2031F | 
| 6.1.5 Latvia Marine Deck Cranes Market Revenues & Volume, By Knuckle Boom Crane, 2021 - 2031F | 
| 6.2 Latvia Marine Deck Cranes Market, By Load Capacity (Tons) | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Marine Deck Cranes Market Revenues & Volume, By 18537, 2021 - 2031F | 
| 6.2.3 Latvia Marine Deck Cranes Market Revenues & Volume, By 51-200, 2021 - 2031F | 
| 6.2.4 Latvia Marine Deck Cranes Market Revenues & Volume, By Above 200, 2021 - 2031F | 
| 6.3 Latvia Marine Deck Cranes Market, By Application | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Latvia Marine Deck Cranes Market Revenues & Volume, By Cargo Handling, 2021 - 2031F | 
| 6.3.3 Latvia Marine Deck Cranes Market Revenues & Volume, By Offshore Operations, 2021 - 2031F | 
| 6.3.4 Latvia Marine Deck Cranes Market Revenues & Volume, By Shipbuilding, 2021 - 2031F | 
| 6.4 Latvia Marine Deck Cranes Market, By End User | 
| 6.4.1 Overview and Analysis | 
| 6.4.2 Latvia Marine Deck Cranes Market Revenues & Volume, By Commercial Shipping, 2021 - 2031F | 
| 6.4.3 Latvia Marine Deck Cranes Market Revenues & Volume, By Naval & Defense, 2021 - 2031F | 
| 6.4.4 Latvia Marine Deck Cranes Market Revenues & Volume, By Oil & Gas, 2021 - 2031F | 
| 7 Latvia Marine Deck Cranes Market Import-Export Trade Statistics | 
| 7.1 Latvia Marine Deck Cranes Market Export to Major Countries | 
| 7.2 Latvia Marine Deck Cranes Market Imports from Major Countries | 
| 8 Latvia Marine Deck Cranes Market Key Performance Indicators | 
| 8.1 Average age of existing marine deck crane installations in Latvia | 
| 8.2 Number of new port development projects announced or underway | 
| 8.3 Rate of adoption of automation and digitalization technologies in marine deck crane operations | 
| 9 Latvia Marine Deck Cranes Market - Opportunity Assessment | 
| 9.1 Latvia Marine Deck Cranes Market Opportunity Assessment, By Type, 2021 & 2031F | 
| 9.2 Latvia Marine Deck Cranes Market Opportunity Assessment, By Load Capacity (Tons), 2021 & 2031F | 
| 9.3 Latvia Marine Deck Cranes Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 9.4 Latvia Marine Deck Cranes Market Opportunity Assessment, By End User, 2021 & 2031F | 
| 10 Latvia Marine Deck Cranes Market - Competitive Landscape | 
| 10.1 Latvia Marine Deck Cranes Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Marine Deck Cranes Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 
| 13 Disclaimer |