| Product Code: ETC7918071 | Publication Date: Sep 2024 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
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 Passive Infrared Sensor Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Passive Infrared Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Passive Infrared Sensor Market - Industry Life Cycle |
3.4 Latvia Passive Infrared Sensor Market - Porter's Five Forces |
3.5 Latvia Passive Infrared Sensor Market Revenues & Volume Share, By Device, 2021 & 2031F |
3.6 Latvia Passive Infrared Sensor Market Revenues & Volume Share, By Range, 2021 & 2031F |
3.7 Latvia Passive Infrared Sensor Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Passive Infrared Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for smart homes and smart buildings, driving the adoption of passive infrared sensors for security and energy efficiency purposes. |
4.2.2 Growing awareness about the benefits of energy conservation and sustainability, leading to the use of passive infrared sensors in various applications. |
4.2.3 Technological advancements in sensor capabilities and integration with IoT devices, enhancing the functionality and deployment of passive infrared sensors. |
4.3 Market Restraints |
4.3.1 High initial cost of installation and setup of passive infrared sensor systems, limiting adoption among cost-sensitive consumers and businesses. |
4.3.2 Concerns about data privacy and security related to the use of passive infrared sensors in smart systems, leading to hesitancy in implementation. |
5 Latvia Passive Infrared Sensor Market Trends |
6 Latvia Passive Infrared Sensor Market, By Types |
6.1 Latvia Passive Infrared Sensor Market, By Device |
6.1.1 Overview and Analysis |
6.1.2 Latvia Passive Infrared Sensor Market Revenues & Volume, By Device, 2021- 2031F |
6.1.3 Latvia Passive Infrared Sensor Market Revenues & Volume, By Smoke Detector, 2021- 2031F |
6.1.4 Latvia Passive Infrared Sensor Market Revenues & Volume, By Heat Detector, 2021- 2031F |
6.1.5 Latvia Passive Infrared Sensor Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Passive Infrared Sensor Market, By Range |
6.2.1 Overview and Analysis |
6.2.2 Latvia Passive Infrared Sensor Market Revenues & Volume, By Short Wave, 2021- 2031F |
6.2.3 Latvia Passive Infrared Sensor Market Revenues & Volume, By Passive Infrared Sensor, 2021- 2031F |
6.2.4 Latvia Passive Infrared Sensor Market Revenues & Volume, By Mid Wave Passive Infrared Sensor, 2021- 2031F |
6.2.5 Latvia Passive Infrared Sensor Market Revenues & Volume, By Long Wave Passive Infrared Sensor, 2021- 2031F |
6.3 Latvia Passive Infrared Sensor Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Passive Infrared Sensor Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.3.3 Latvia Passive Infrared Sensor Market Revenues & Volume, By Defense and Aerospace, 2021- 2031F |
6.3.4 Latvia Passive Infrared Sensor Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.3.5 Latvia Passive Infrared Sensor Market Revenues & Volume, By Industrial, 2021- 2031F |
6.3.6 Latvia Passive Infrared Sensor Market Revenues & Volume, By Automotive, 2021- 2031F |
7 Latvia Passive Infrared Sensor Market Import-Export Trade Statistics |
7.1 Latvia Passive Infrared Sensor Market Export to Major Countries |
7.2 Latvia Passive Infrared Sensor Market Imports from Major Countries |
8 Latvia Passive Infrared Sensor Market Key Performance Indicators |
8.1 Energy savings achieved through the use of passive infrared sensors in buildings. |
8.2 Number of new smart home and smart building projects integrating passive infrared sensors. |
8.3 Rate of adoption of passive infrared sensors in key industries like retail, healthcare, and hospitality. |
9 Latvia Passive Infrared Sensor Market - Opportunity Assessment |
9.1 Latvia Passive Infrared Sensor Market Opportunity Assessment, By Device, 2021 & 2031F |
9.2 Latvia Passive Infrared Sensor Market Opportunity Assessment, By Range, 2021 & 2031F |
9.3 Latvia Passive Infrared Sensor Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Passive Infrared Sensor Market - Competitive Landscape |
10.1 Latvia Passive Infrared Sensor Market Revenue Share, By Companies, 2024 |
10.2 Latvia Passive Infrared 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.
To discover high-growth global markets and optimize your business strategy:
Click Here