| Product Code: ETC5693100 | 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 shipments of plain bearings in 2024 saw a significant shift in market concentration, with top exporters being Sweden, Germany, Finland, Ukraine, and Lithuania. The increase in Herfindahl-Hirschman Index (HHI) indicates heightened market concentration. Despite a negative Compound Annual Growth Rate (CAGR) of -8.1% from 2020-24, the steep decline in growth rate from 2023-24 at -43.04% suggests a challenging market environment. This trend underscores the importance of monitoring market dynamics and adapting strategies to navigate the evolving landscape in the plain bearing industry.

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 Plain Bearing Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Plain Bearing Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Plain Bearing Market - Industry Life Cycle |
3.4 Latvia Plain Bearing Market - Porter's Five Forces |
3.5 Latvia Plain Bearing Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
3.6 Latvia Plain Bearing Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Latvia Plain Bearing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing industrialization in Latvia leading to increased demand for machinery and equipment using plain bearings |
4.2.2 Advancements in technology leading to the development of more efficient and durable plain bearings |
4.2.3 Increasing focus on sustainability and energy efficiency driving the adoption of plain bearings in various applications |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of production for plain bearings |
4.3.2 Market saturation leading to intense competition among plain bearing manufacturers |
4.3.3 Economic uncertainty affecting investment decisions and demand for plain bearings |
5 Latvia Plain Bearing Market Trends |
6 Latvia Plain Bearing Market Segmentations |
6.1 Latvia Plain Bearing Market, By End Use Industry |
6.1.1 Overview and Analysis |
6.1.2 Latvia Plain Bearing Market Revenues & Volume, By Automotive, 2021-2031F |
6.1.3 Latvia Plain Bearing Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.4 Latvia Plain Bearing Market Revenues & Volume, By Aerospace, 2021-2031F |
6.1.5 Latvia Plain Bearing Market Revenues & Volume, By Energy, 2021-2031F |
6.1.6 Latvia Plain Bearing Market Revenues & Volume, By Construction Machinery, 2021-2031F |
6.1.7 Latvia Plain Bearing Market Revenues & Volume, By Agricultural & Gardening Equipment, 2021-2031F |
6.1.9 Latvia Plain Bearing Market Revenues & Volume, By Office Products, 2021-2031F |
6.1.10 Latvia Plain Bearing Market Revenues & Volume, By Office Products, 2021-2031F |
6.2 Latvia Plain Bearing Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Plain Bearing Market Revenues & Volume, By Journal, 2021-2031F |
6.2.3 Latvia Plain Bearing Market Revenues & Volume, By Linear, 2021-2031F |
6.2.4 Latvia Plain Bearing Market Revenues & Volume, By Thrust, 2021-2031F |
6.2.5 Latvia Plain Bearing Market Revenues & Volume, By Angular Contact, 2021-2031F |
6.2.6 Latvia Plain Bearing Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Plain Bearing Market Import-Export Trade Statistics |
7.1 Latvia Plain Bearing Market Export to Major Countries |
7.2 Latvia Plain Bearing Market Imports from Major Countries |
8 Latvia Plain Bearing Market Key Performance Indicators |
8.1 Average lifespan of plain bearings in various applications |
8.2 Rate of adoption of plain bearings in new industries or applications |
8.3 Percentage of plain bearing manufacturers investing in research and development for product innovation |
9 Latvia Plain Bearing Market - Opportunity Assessment |
9.1 Latvia Plain Bearing Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
9.2 Latvia Plain Bearing Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Latvia Plain Bearing Market - Competitive Landscape |
10.1 Latvia Plain Bearing Market Revenue Share, By Companies, 2024 |
10.2 Latvia Plain Bearing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |