| Product Code: ETC5767979 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s import of molded case circuit breakers in 2024 continued to be dominated by top exporting countries such as Hungary, Sweden, Czechia, Estonia, and Finland. The market concentration, as indicated by the Herfindahl-Hirschman Index (HHI), remained high in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 15.28%, with a notable growth rate of 32.9% from 2023 to 2024. These figures suggest a strong and growing demand for molded case circuit breakers in Latvia, signaling opportunities for market players to capitalize on this trend.

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 Molded Case Circuit Breakers Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Molded Case Circuit Breakers Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Molded Case Circuit Breakers Market - Industry Life Cycle |
3.4 Latvia Molded Case Circuit Breakers Market - Porter's Five Forces |
3.5 Latvia Molded Case Circuit Breakers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Molded Case Circuit Breakers Market Revenues & Volume Share, By Rated Current, 2021 & 2031F |
3.7 Latvia Molded Case Circuit Breakers Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Molded Case Circuit Breakers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of smart grid technology in Latvia |
4.2.2 Growing industrial and commercial construction activities in the country |
4.2.3 Stringent government regulations promoting energy efficiency and safety standards |
4.3 Market Restraints |
4.3.1 High initial investment required for installing molded case circuit breakers |
4.3.2 Limited awareness about the benefits of using molded case circuit breakers |
4.3.3 Competition from other types of circuit protection devices in the market |
5 Latvia Molded Case Circuit Breakers Market Trends |
6 Latvia Molded Case Circuit Breakers Market Segmentations |
6.1 Latvia Molded Case Circuit Breakers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Molded Case Circuit Breakers Market Revenues & Volume, By Molded Case , 2021-2031F |
6.1.3 Latvia Molded Case Circuit Breakers Market Revenues & Volume, By Miniature, 2021-2031F |
6.2 Latvia Molded Case Circuit Breakers Market, By Rated Current |
6.2.1 Overview and Analysis |
6.2.2 Latvia Molded Case Circuit Breakers Market Revenues & Volume, By 0-20a, 2021-2031F |
6.2.3 Latvia Molded Case Circuit Breakers Market Revenues & Volume, By 21-75a, 2021-2031F |
6.2.4 Latvia Molded Case Circuit Breakers Market Revenues & Volume, By 76-250a, 2021-2031F |
6.2.5 Latvia Molded Case Circuit Breakers Market Revenues & Volume, By 251-800a, 2021-2031F |
6.2.6 Latvia Molded Case Circuit Breakers Market Revenues & Volume, By Above 800a, 2021-2031F |
6.3 Latvia Molded Case Circuit Breakers Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Molded Case Circuit Breakers Market Revenues & Volume, By T&D, 2021-2031F |
6.3.3 Latvia Molded Case Circuit Breakers Market Revenues & Volume, By Manufacturing & Process, 2021-2031F |
6.3.4 Latvia Molded Case Circuit Breakers Market Revenues & Volume, By Infrastructure, 2021-2031F |
6.3.5 Latvia Molded Case Circuit Breakers Market Revenues & Volume, By Power Generation, 2021-2031F |
6.3.6 Latvia Molded Case Circuit Breakers Market Revenues & Volume, By Transportation, 2021-2031F |
7 Latvia Molded Case Circuit Breakers Market Import-Export Trade Statistics |
7.1 Latvia Molded Case Circuit Breakers Market Export to Major Countries |
7.2 Latvia Molded Case Circuit Breakers Market Imports from Major Countries |
8 Latvia Molded Case Circuit Breakers Market Key Performance Indicators |
8.1 Percentage increase in the number of smart grid installations in Latvia |
8.2 Growth in the construction permits issued for industrial and commercial projects |
8.3 Compliance rate with government regulations on energy efficiency and safety standards in the electrical sector |
9 Latvia Molded Case Circuit Breakers Market - Opportunity Assessment |
9.1 Latvia Molded Case Circuit Breakers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Molded Case Circuit Breakers Market Opportunity Assessment, By Rated Current, 2021 & 2031F |
9.3 Latvia Molded Case Circuit Breakers Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Molded Case Circuit Breakers Market - Competitive Landscape |
10.1 Latvia Molded Case Circuit Breakers Market Revenue Share, By Companies, 2024 |
10.2 Latvia Molded Case Circuit Breakers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |