Latvia Oil Filled Transformer Market (2025-2031) | Value, Size, Revenue, Companies, Share, Industry, Segmentation, Forecast, Analysis, Outlook, Growth & Trends
Market Forecast By Core (Closed, Shell, Berry), By Product (Distribution Transformer, Power Transformer, Instrument Transformer, Others), By Winding (Two Winding, Auto Transformer), By Installation (Outdoor, Indoor), By Modes of Cooling (ONAN, ONWF, ONAF, Others), By Phase (Three, Single), By Mounting (Pad, Pole, Foundation, Others), By Rating (< 5 MVA, 5 MVA - 10 MVA, > 10 MVA) And Competitive Landscape
| Product Code: ETC5131194 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia Oil Filled Transformer Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Latvia`s oil-filled transformer import market experienced significant growth in 2024, with top exporting countries including Germany, Poland, Czechia, Denmark, and Turkey. The market concentration, as measured by the HHI, shifted from low to moderate in 2024, indicating a more competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 7.93%, with a notable growth rate of 20.26% from 2023 to 2024. This data suggests a dynamic and expanding market for oil-filled transformers in Latvia, driven by imports from key European suppliers.
Key Highlights of the Report:
- Latvia Oil Filled Transformer Market Outlook
- Market Size of Latvia Oil Filled Transformer Market, 2024
- Forecast of Latvia Oil Filled Transformer Market, 2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Revenues & Volume for the Period 2021-2031
- Latvia Oil Filled Transformer Market Trend Evolution
- Latvia Oil Filled Transformer Market Drivers and Challenges
- Latvia Oil Filled Transformer Price Trends
- Latvia Oil Filled Transformer Porter`s Five Forces
- Latvia Oil Filled Transformer Industry Life Cycle
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Core for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Closed for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Shell for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Berry for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Product for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Distribution Transformer for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Power Transformer for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Instrument Transformer for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Winding for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Two Winding for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Auto Transformer for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Installation for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Outdoor for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Indoor for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Modes of Cooling for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By ONAN for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By ONWF for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By ONAF for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Phase for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Three for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Single for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Mounting for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Pad for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Pole for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Foundation for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By Rating for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By < 5 MVA for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By 5 MVA - 10 MVA for the Period 2021-2031
- Historical Data and Forecast of Latvia Oil Filled Transformer Market Revenues & Volume By > 10 MVA for the Period 2021-2031
- Latvia Oil Filled Transformer Import Export Trade Statistics
- Market Opportunity Assessment By Core
- Market Opportunity Assessment By Product
- Market Opportunity Assessment By Winding
- Market Opportunity Assessment By Installation
- Market Opportunity Assessment By Modes of Cooling
- Market Opportunity Assessment By Phase
- Market Opportunity Assessment By Mounting
- Market Opportunity Assessment By Rating
- Latvia Oil Filled Transformer Top Companies Market Share
- Latvia Oil Filled Transformer Competitive Benchmarking By Technical and Operational Parameters
- Latvia Oil Filled Transformer Company Profiles
- Latvia Oil Filled Transformer Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Oil Filled Transformer 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 Oil Filled Transformer Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Oil Filled Transformer Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Oil Filled Transformer Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Oil Filled Transformer Market - Industry Life Cycle |
3.4 Latvia Oil Filled Transformer Market - Porter's Five Forces |
3.5 Latvia Oil Filled Transformer Market Revenues & Volume Share, By Core, 2021 & 2031F |
3.6 Latvia Oil Filled Transformer Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Latvia Oil Filled Transformer Market Revenues & Volume Share, By Winding, 2021 & 2031F |
3.8 Latvia Oil Filled Transformer Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.9 Latvia Oil Filled Transformer Market Revenues & Volume Share, By Modes of Cooling, 2021 & 2031F |
3.10 Latvia Oil Filled Transformer Market Revenues & Volume Share, By Phase, 2021 & 2031F |
3.11 Latvia Oil Filled Transformer Market Revenues & Volume Share, By Mounting, 2021 & 2031F |
4 Latvia Oil Filled Transformer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electricity in Latvia |
4.2.2 Growing focus on renewable energy sources |
4.2.3 Infrastructure development projects in the country |
4.3 Market Restraints |
4.3.1 Regulatory constraints on oil-filled transformers |
4.3.2 Volatility in oil prices affecting transformer manufacturing costs |
5 Latvia Oil Filled Transformer Market Trends |
6 Latvia Oil Filled Transformer Market Segmentations |
6.1 Latvia Oil Filled Transformer Market, By Core |
6.1.1 Overview and Analysis |
6.1.2 Latvia Oil Filled Transformer Market Revenues & Volume, By Closed, 2021-2031F |
6.1.3 Latvia Oil Filled Transformer Market Revenues & Volume, By Shell, 2021-2031F |
6.1.4 Latvia Oil Filled Transformer Market Revenues & Volume, By Berry, 2021-2031F |
6.2 Latvia Oil Filled Transformer Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Latvia Oil Filled Transformer Market Revenues & Volume, By Distribution Transformer, 2021-2031F |
6.2.3 Latvia Oil Filled Transformer Market Revenues & Volume, By Power Transformer, 2021-2031F |
6.2.4 Latvia Oil Filled Transformer Market Revenues & Volume, By Instrument Transformer, 2021-2031F |
6.2.5 Latvia Oil Filled Transformer Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Oil Filled Transformer Market, By Winding |
6.3.1 Overview and Analysis |
6.3.2 Latvia Oil Filled Transformer Market Revenues & Volume, By Two Winding, 2021-2031F |
6.3.3 Latvia Oil Filled Transformer Market Revenues & Volume, By Auto Transformer, 2021-2031F |
6.4 Latvia Oil Filled Transformer Market, By Installation |
6.4.1 Overview and Analysis |
6.4.2 Latvia Oil Filled Transformer Market Revenues & Volume, By Outdoor, 2021-2031F |
6.4.3 Latvia Oil Filled Transformer Market Revenues & Volume, By Indoor, 2021-2031F |
6.5 Latvia Oil Filled Transformer Market, By Modes of Cooling |
6.5.1 Overview and Analysis |
6.5.2 Latvia Oil Filled Transformer Market Revenues & Volume, By ONAN, 2021-2031F |
6.5.3 Latvia Oil Filled Transformer Market Revenues & Volume, By ONWF, 2021-2031F |
6.5.4 Latvia Oil Filled Transformer Market Revenues & Volume, By ONAF, 2021-2031F |
6.5.5 Latvia Oil Filled Transformer Market Revenues & Volume, By Others, 2021-2031F |
6.6 Latvia Oil Filled Transformer Market, By Phase |
6.6.1 Overview and Analysis |
6.6.2 Latvia Oil Filled Transformer Market Revenues & Volume, By Three, 2021-2031F |
6.6.3 Latvia Oil Filled Transformer Market Revenues & Volume, By Single, 2021-2031F |
6.7 Latvia Oil Filled Transformer Market, By Mounting |
6.7.1 Overview and Analysis |
6.7.2 Latvia Oil Filled Transformer Market Revenues & Volume, By Pad, 2021-2031F |
6.7.3 Latvia Oil Filled Transformer Market Revenues & Volume, By Pole, 2021-2031F |
6.7.4 Latvia Oil Filled Transformer Market Revenues & Volume, By Others, 2021-2031F |
6.7.5 Latvia Oil Filled Transformer Market Revenues & Volume, By Others, 2021-2031F |
6.8 Latvia Oil Filled Transformer Market, By Rating |
6.8.1 Overview and Analysis |
6.8.2 Latvia Oil Filled Transformer Market Revenues & Volume, By < 5 MVA, 2021-2031F |
6.8.3 Latvia Oil Filled Transformer Market Revenues & Volume, By 5 MVA - 10 MVA, 2021-2031F |
6.8.4 Latvia Oil Filled Transformer Market Revenues & Volume, By , 2021-2031F |
7 Latvia Oil Filled Transformer Market Import-Export Trade Statistics |
7.1 Latvia Oil Filled Transformer Market Export to Major Countries |
7.2 Latvia Oil Filled Transformer Market Imports from Major Countries |
8 Latvia Oil Filled Transformer Market Key Performance Indicators |
8.1 Investment in renewable energy projects in Latvia |
8.2 Number of infrastructure projects requiring transformers |
8.3 Adoption rate of energy-efficient transformer technologies |
9 Latvia Oil Filled Transformer Market - Opportunity Assessment |
9.1 Latvia Oil Filled Transformer Market Opportunity Assessment, By Core, 2021 & 2031F |
9.2 Latvia Oil Filled Transformer Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Latvia Oil Filled Transformer Market Opportunity Assessment, By Winding, 2021 & 2031F |
9.4 Latvia Oil Filled Transformer Market Opportunity Assessment, By Installation, 2021 & 2031F |
9.5 Latvia Oil Filled Transformer Market Opportunity Assessment, By Modes of Cooling, 2021 & 2031F |
9.6 Latvia Oil Filled Transformer Market Opportunity Assessment, By Phase, 2021 & 2031F |
9.7 Latvia Oil Filled Transformer Market Opportunity Assessment, By Mounting, 2021 & 2031F |
9.7 Latvia Oil Filled Transformer Market Opportunity Assessment, By Rating, 2021 & 2031F |
10 Latvia Oil Filled Transformer Market - Competitive Landscape |
10.1 Latvia Oil Filled Transformer Market Revenue Share, By Companies, 2024 |
10.2 Latvia Oil Filled Transformer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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