Latvia Military Vehicles Market (2025-2031) | Growth, Analysis, Share, Companies, Trends, Outlook, Competitive Landscape, Industry, Value, Segmentation, Forecast, Size & Revenue
Market Forecast By Military Aircraft (Combat Aircraft, Fighter Aircraft, Combat Helicopters, Non-combat Aircraft, Reconnaissance and Surveillance Aircraft, Trainer Aircraft, Transport Aircraft, Other), By Naval Vessels (Destroyers, Frigates, Corvettes, Submarines, Other) And Competitive Landscape
| Product Code: ETC7915670 | 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 Military Vehicles Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Latvia`s import of military vehicles in 2024 continued to see a significant increase, with top exporting countries including Finland, Areas, nes, UK, USA, and Germany. The high concentration of the Herfindahl-Hirschman Index (HHI) indicates a dominance of these key players in the market. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 40.1%, demonstrating a strong trend of expansion. Moreover, the growth rate from 2023 to 2024 surged by 44.54%, reflecting a notable acceleration in import activities in the military vehicles sector for Latvia.
Key Highlights of the Report:
- Latvia Military Vehicles Market Outlook
- Market Size of Latvia Military Vehicles Market, 2024
- Forecast of Latvia Military Vehicles Market, 2031
- Historical Data and Forecast of Latvia Military Vehicles Revenues & Volume for the Period 2021- 2031
- Latvia Military Vehicles Market Trend Evolution
- Latvia Military Vehicles Market Drivers and Challenges
- Latvia Military Vehicles Price Trends
- Latvia Military Vehicles Porter's Five Forces
- Latvia Military Vehicles Industry Life Cycle
- Historical Data and Forecast of Latvia Military Vehicles Market Revenues & Volume By Military Aircraft for the Period 2021- 2031
- Historical Data and Forecast of Latvia Military Vehicles Market Revenues & Volume By Combat Aircraft for the Period 2021- 2031
- Historical Data and Forecast of Latvia Military Vehicles Market Revenues & Volume By Fighter Aircraft for the Period 2021- 2031
- Historical Data and Forecast of Latvia Military Vehicles Market Revenues & Volume By Combat Helicopters for the Period 2021- 2031
- Historical Data and Forecast of Latvia Military Vehicles Market Revenues & Volume By Non-combat Aircraft for the Period 2021- 2031
- Historical Data and Forecast of Latvia Military Vehicles Market Revenues & Volume By Reconnaissance and Surveillance Aircraft for the Period 2021- 2031
- Historical Data and Forecast of Latvia Military Vehicles Market Revenues & Volume By Trainer Aircraft for the Period 2021- 2031
- Historical Data and Forecast of Latvia Military Vehicles Market Revenues & Volume By Transport Aircraft for the Period 2021- 2031
- Historical Data and Forecast of Latvia Combat Aircraft Military Vehicles Market Revenues & Volume By Other for the Period 2021- 2031
- Historical Data and Forecast of Latvia Military Vehicles Market Revenues & Volume By Naval Vessels for the Period 2021- 2031
- Historical Data and Forecast of Latvia Military Vehicles Market Revenues & Volume By Destroyers for the Period 2021- 2031
- Historical Data and Forecast of Latvia Military Vehicles Market Revenues & Volume By Frigates for the Period 2021- 2031
- Historical Data and Forecast of Latvia Military Vehicles Market Revenues & Volume By Corvettes for the Period 2021- 2031
- Historical Data and Forecast of Latvia Military Vehicles Market Revenues & Volume By Submarines for the Period 2021- 2031
- Historical Data and Forecast of Latvia Military Vehicles Market Revenues & Volume By Other for the Period 2021- 2031
- Latvia Military Vehicles Import Export Trade Statistics
- Market Opportunity Assessment By Military Aircraft
- Market Opportunity Assessment By Naval Vessels
- Latvia Military Vehicles Top Companies Market Share
- Latvia Military Vehicles Competitive Benchmarking By Technical and Operational Parameters
- Latvia Military Vehicles Company Profiles
- Latvia Military Vehicles Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Military Vehicles Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Military Vehicles Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Military Vehicles Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Military Vehicles Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Military Vehicles Market - Industry Life Cycle |
3.4 Latvia Military Vehicles Market - Porter's Five Forces |
3.5 Latvia Military Vehicles Market Revenues & Volume Share, By Military Aircraft, 2021 & 2031F |
3.6 Latvia Military Vehicles Market Revenues & Volume Share, By Naval Vessels, 2021 & 2031F |
4 Latvia Military Vehicles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increase in defense budget allocation by the Latvian government |
4.2.2 Modernization and upgrade of existing military vehicle fleet |
4.2.3 Geopolitical tensions and security threats in the region |
4.3 Market Restraints |
4.3.1 Regulatory hurdles and compliance requirements for importing military vehicles |
4.3.2 Limited domestic manufacturing capabilities for military vehicles |
4.3.3 Economic downturn impacting defense spending |
5 Latvia Military Vehicles Market Trends |
6 Latvia Military Vehicles Market, By Types |
6.1 Latvia Military Vehicles Market, By Military Aircraft |
6.1.1 Overview and Analysis |
6.1.2 Latvia Military Vehicles Market Revenues & Volume, By Military Aircraft, 2021- 2031F |
6.1.3 Latvia Military Vehicles Market Revenues & Volume, By Combat Aircraft, 2021- 2031F |
6.1.4 Latvia Military Vehicles Market Revenues & Volume, By Fighter Aircraft, 2021- 2031F |
6.1.5 Latvia Military Vehicles Market Revenues & Volume, By Combat Helicopters, 2021- 2031F |
6.1.6 Latvia Military Vehicles Market Revenues & Volume, By Non-combat Aircraft, 2021- 2031F |
6.1.7 Latvia Military Vehicles Market Revenues & Volume, By Reconnaissance and Surveillance Aircraft, 2021- 2031F |
6.1.8 Latvia Military Vehicles Market Revenues & Volume, By Trainer Aircraft, 2021- 2031F |
6.1.9 Latvia Military Vehicles Market Revenues & Volume, By Other, 2021- 2031F |
6.1.10 Latvia Military Vehicles Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Latvia Military Vehicles Market, By Naval Vessels |
6.2.1 Overview and Analysis |
6.2.2 Latvia Military Vehicles Market Revenues & Volume, By Destroyers, 2021- 2031F |
6.2.3 Latvia Military Vehicles Market Revenues & Volume, By Frigates, 2021- 2031F |
6.2.4 Latvia Military Vehicles Market Revenues & Volume, By Corvettes, 2021- 2031F |
6.2.5 Latvia Military Vehicles Market Revenues & Volume, By Submarines, 2021- 2031F |
6.2.6 Latvia Military Vehicles Market Revenues & Volume, By Other, 2021- 2031F |
7 Latvia Military Vehicles Market Import-Export Trade Statistics |
7.1 Latvia Military Vehicles Market Export to Major Countries |
7.2 Latvia Military Vehicles Market Imports from Major Countries |
8 Latvia Military Vehicles Market Key Performance Indicators |
8.1 Average age of military vehicles in the Latvian fleet |
8.2 Percentage of defense budget allocated for military vehicle procurement and maintenance |
8.3 Number of successful collaborations with foreign military vehicle manufacturers for technology transfer and joint production |
9 Latvia Military Vehicles Market - Opportunity Assessment |
9.1 Latvia Military Vehicles Market Opportunity Assessment, By Military Aircraft, 2021 & 2031F |
9.2 Latvia Military Vehicles Market Opportunity Assessment, By Naval Vessels, 2021 & 2031F |
10 Latvia Military Vehicles Market - Competitive Landscape |
10.1 Latvia Military Vehicles Market Revenue Share, By Companies, 2024 |
10.2 Latvia Military Vehicles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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