| Product Code: ETC12990709 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Despite a decline in the CAGR and negative growth rate in 2024, Latvia`s navigation system sensor import market remains diversified with top exporters including Germany, Poland, China, Lithuania, and Finland. The low concentration of the Herfindahl-Hirschman Index (HHI) indicates a competitive market landscape, offering opportunities for market expansion and innovation in the coming years. Monitoring trends and shifts in import sources can provide valuable insights for businesses looking to capitalize on emerging opportunities in the Latvian market.

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 Navigation System Sensor Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Navigation System Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Navigation System Sensor Market - Industry Life Cycle |
3.4 Latvia Navigation System Sensor Market - Porter's Five Forces |
3.5 Latvia Navigation System Sensor Market Revenues & Volume Share, By Sensor Type, 2021 & 2031F |
3.6 Latvia Navigation System Sensor Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Latvia Navigation System Sensor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Navigation System Sensor Market Revenues & Volume Share, By Platform, 2021 & 2031F |
3.9 Latvia Navigation System Sensor Market Revenues & Volume Share, By Signal Type, 2021 & 2031F |
4 Latvia Navigation System Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of advanced driver assistance systems (ADAS) in vehicles in Latvia |
4.2.2 Growing demand for autonomous vehicles driving the need for navigation system sensors |
4.2.3 Government regulations mandating the use of certain safety features in vehicles |
4.3 Market Restraints |
4.3.1 High initial costs associated with implementing navigation system sensors |
4.3.2 Limited awareness and understanding of the benefits of navigation system sensors among consumers in Latvia |
5 Latvia Navigation System Sensor Market Trends |
6 Latvia Navigation System Sensor Market, By Types |
6.1 Latvia Navigation System Sensor Market, By Sensor Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Navigation System Sensor Market Revenues & Volume, By Sensor Type, 2021 - 2031F |
6.1.3 Latvia Navigation System Sensor Market Revenues & Volume, By Gyroscopes, 2021 - 2031F |
6.1.4 Latvia Navigation System Sensor Market Revenues & Volume, By Accelerometers, 2021 - 2031F |
6.1.5 Latvia Navigation System Sensor Market Revenues & Volume, By Magnetometers, 2021 - 2031F |
6.1.6 Latvia Navigation System Sensor Market Revenues & Volume, By Optical Sensors, 2021 - 2031F |
6.1.7 Latvia Navigation System Sensor Market Revenues & Volume, By Radar Sensors, 2021 - 2031F |
6.2 Latvia Navigation System Sensor Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Latvia Navigation System Sensor Market Revenues & Volume, By MEMS, 2021 - 2031F |
6.2.3 Latvia Navigation System Sensor Market Revenues & Volume, By IMU, 2021 - 2031F |
6.2.4 Latvia Navigation System Sensor Market Revenues & Volume, By Electromagnetic, 2021 - 2031F |
6.2.5 Latvia Navigation System Sensor Market Revenues & Volume, By Laser-Based, 2021 - 2031F |
6.2.6 Latvia Navigation System Sensor Market Revenues & Volume, By RF-Based, 2021 - 2031F |
6.3 Latvia Navigation System Sensor Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Navigation System Sensor Market Revenues & Volume, By Orientation Detection, 2021 - 2031F |
6.3.3 Latvia Navigation System Sensor Market Revenues & Volume, By Speed Measurement, 2021 - 2031F |
6.3.4 Latvia Navigation System Sensor Market Revenues & Volume, By Direction Finding, 2021 - 2031F |
6.3.5 Latvia Navigation System Sensor Market Revenues & Volume, By Obstacle Detection, 2021 - 2031F |
6.3.6 Latvia Navigation System Sensor Market Revenues & Volume, By Distance Measurement, 2021 - 2031F |
6.4 Latvia Navigation System Sensor Market, By Platform |
6.4.1 Overview and Analysis |
6.4.2 Latvia Navigation System Sensor Market Revenues & Volume, By Aircraft, 2021 - 2031F |
6.4.3 Latvia Navigation System Sensor Market Revenues & Volume, By Ground Vehicles, 2021 - 2031F |
6.4.4 Latvia Navigation System Sensor Market Revenues & Volume, By Ships, 2021 - 2031F |
6.4.5 Latvia Navigation System Sensor Market Revenues & Volume, By UAVs, 2021 - 2031F |
6.4.6 Latvia Navigation System Sensor Market Revenues & Volume, By Military Vehicles, 2021 - 2031F |
6.5 Latvia Navigation System Sensor Market, By Signal Type |
6.5.1 Overview and Analysis |
6.5.2 Latvia Navigation System Sensor Market Revenues & Volume, By Analog Signals, 2021 - 2031F |
6.5.3 Latvia Navigation System Sensor Market Revenues & Volume, By Digital Signals, 2021 - 2031F |
6.5.4 Latvia Navigation System Sensor Market Revenues & Volume, By Magnetic Signals, 2021 - 2031F |
6.5.5 Latvia Navigation System Sensor Market Revenues & Volume, By Infrared Signals, 2021 - 2031F |
6.5.6 Latvia Navigation System Sensor Market Revenues & Volume, By Radio Signals, 2021 - 2031F |
7 Latvia Navigation System Sensor Market Import-Export Trade Statistics |
7.1 Latvia Navigation System Sensor Market Export to Major Countries |
7.2 Latvia Navigation System Sensor Market Imports from Major Countries |
8 Latvia Navigation System Sensor Market Key Performance Indicators |
8.1 Adoption rate of ADAS features in vehicles in Latvia |
8.2 Number of new vehicle models in Latvia equipped with navigation system sensors |
8.3 Percentage of vehicles in Latvia compliant with government safety regulations |
9 Latvia Navigation System Sensor Market - Opportunity Assessment |
9.1 Latvia Navigation System Sensor Market Opportunity Assessment, By Sensor Type, 2021 & 2031F |
9.2 Latvia Navigation System Sensor Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Latvia Navigation System Sensor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Navigation System Sensor Market Opportunity Assessment, By Platform, 2021 & 2031F |
9.5 Latvia Navigation System Sensor Market Opportunity Assessment, By Signal Type, 2021 & 2031F |
10 Latvia Navigation System Sensor Market - Competitive Landscape |
10.1 Latvia Navigation System Sensor Market Revenue Share, By Companies, 2024 |
10.2 Latvia Navigation System Sensor 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.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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