| Product Code: ETC5853631 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
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 Non-Destructive Testing (NDT) Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Non-Destructive Testing (NDT) Market - Industry Life Cycle |
3.4 Latvia Non-Destructive Testing (NDT) Market - Porter's Five Forces |
3.5 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume Share, By Technique, 2021 & 2031F |
3.6 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume Share, By Method, 2021 & 2031F |
3.7 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume Share, By Service, 2021 & 2031F |
3.8 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Latvia Non-Destructive Testing (NDT) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable and efficient inspection techniques in industries like manufacturing, oil gas, and aerospace. |
4.2.2 Stringent government regulations emphasizing safety and quality standards in various sectors. |
4.2.3 Adoption of advanced technologies such as robotics and automation in NDT processes. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with purchasing NDT equipment and training personnel. |
4.3.2 Lack of skilled professionals with expertise in non-destructive testing techniques. |
4.3.3 Limited awareness about the benefits of NDT among small and medium enterprises. |
5 Latvia Non-Destructive Testing (NDT) Market Trends |
6 Latvia Non-Destructive Testing (NDT) Market Segmentations |
6.1 Latvia Non-Destructive Testing (NDT) Market, By Technique |
6.1.1 Overview and Analysis |
6.1.2 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Visual Testing (VT), 2021-2031F |
6.1.3 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Magnetic Particle Testing (MPT), 2021-2031F |
6.1.4 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Liquid Penetrant Testing (LPT), 2021-2031F |
6.1.5 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Eddy-current Testing (ECT), 2021-2031F |
6.1.6 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Ultrasonic Testing (UT), 2021-2031F |
6.1.7 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Radiographic Testing (RT), 2021-2031F |
6.1.9 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Non-Destructive Testing (NDT) Market, By Method |
6.2.1 Overview and Analysis |
6.2.2 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Visual Inspection, 2021-2031F |
6.2.3 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Surface Inspection, 2021-2031F |
6.2.4 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Volumetric Inspection, 2021-2031F |
6.3 Latvia Non-Destructive Testing (NDT) Market, By Service |
6.3.1 Overview and Analysis |
6.3.2 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Inspection Services, 2021-2031F |
6.3.3 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Training Services, 2021-2031F |
6.3.4 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Calibration Services, 2021-2031F |
6.3.5 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Equipment rental Services, 2021-2031F |
6.4 Latvia Non-Destructive Testing (NDT) Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Flaw Detection, 2021-2031F |
6.4.3 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Dimensional Measurement, 2021-2031F |
6.4.4 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Chemical Composition Determination, 2021-2031F |
6.4.5 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Stress and Structure Analysis, 2021-2031F |
6.4.6 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Physical Properties Estimation, 2021-2031F |
6.4.7 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Leak Detection, 2021-2031F |
6.4.8 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Others, 2021-2031F |
6.4.9 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Others, 2021-2031F |
6.5 Latvia Non-Destructive Testing (NDT) Market, By Vertical |
6.5.1 Overview and Analysis |
6.5.2 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.5.3 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.5.4 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Power Generation, 2021-2031F |
6.5.5 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Aerospace, 2021-2031F |
6.5.6 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Automotive, 2021-2031F |
6.5.7 Latvia Non-Destructive Testing (NDT) Market Revenues & Volume, By Public Infrastructure, 2021-2031F |
7 Latvia Non-Destructive Testing (NDT) Market Import-Export Trade Statistics |
7.1 Latvia Non-Destructive Testing (NDT) Market Export to Major Countries |
7.2 Latvia Non-Destructive Testing (NDT) Market Imports from Major Countries |
8 Latvia Non-Destructive Testing (NDT) Market Key Performance Indicators |
8.1 Percentage increase in the adoption of advanced NDT technologies. |
8.2 Number of NDT training programs conducted and professionals certified annually. |
8.3 Rate of compliance with government safety and quality regulations in industries using NDT services. |
9 Latvia Non-Destructive Testing (NDT) Market - Opportunity Assessment |
9.1 Latvia Non-Destructive Testing (NDT) Market Opportunity Assessment, By Technique, 2021 & 2031F |
9.2 Latvia Non-Destructive Testing (NDT) Market Opportunity Assessment, By Method, 2021 & 2031F |
9.3 Latvia Non-Destructive Testing (NDT) Market Opportunity Assessment, By Service, 2021 & 2031F |
9.4 Latvia Non-Destructive Testing (NDT) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Latvia Non-Destructive Testing (NDT) Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Latvia Non-Destructive Testing (NDT) Market - Competitive Landscape |
10.1 Latvia Non-Destructive Testing (NDT) Market Revenue Share, By Companies, 2024 |
10.2 Latvia Non-Destructive Testing (NDT) 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.
To discover high-growth global markets and optimize your business strategy:
Click Here