Latvia Portable Generators Market (2025-2031) | Share, Drivers, Competitive, Opportunities, Industry, Strategic Insights, Segmentation, Growth, Consumer Insights, Size, Pricing Analysis, Investment Trends, Analysis, Outlook, Challenges, Forecast, Companies, Revenue, Supply, Segments, Trends, Demand, Value, Strategy, Competition, Restraints

Market Forecast By Type (Inverter, Standby, Solar, Conventional), By Power Output (<5 kW, 5-10 kW, 10-20 kW, >20 kW), By Fuel Type (Gasoline, Diesel, Propane), By Application (Residential Backup, Industrial Use, Outdoor and Camping, Construction) And Competitive Landscape
Product Code: ETC13032565 Publication Date: Apr 2025 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Sachin Kumar Rai No. of Pages: 65 No. of Figures: 34 No. of Tables: 19

Latvia Portable Generators Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia saw significant import shipments of portable generators, with top exporting countries including Metropolitan France, Italy, Estonia, Lithuania, and Poland. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). Despite a strong compound annual growth rate (CAGR) of 24.08% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -43.95%. This data suggests a dynamic market environment for portable generators in Latvia, with fluctuations in growth patterns that may necessitate strategic adjustments for industry players.

Latvia Portable Generators Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia Portable Generators Market Outlook
  • Market Size of Latvia Portable Generators Market,2024
  • Forecast of Latvia Portable Generators Market, 2031
  • Historical Data and Forecast of Latvia Portable Generators Revenues & Volume for the Period 2021-2031
  • Latvia Portable Generators Market Trend Evolution
  • Latvia Portable Generators Market Drivers and Challenges
  • Latvia Portable Generators Price Trends
  • Latvia Portable Generators Porter's Five Forces
  • Latvia Portable Generators Industry Life Cycle
  • Historical Data and Forecast of Latvia Portable Generators Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Portable Generators Market Revenues & Volume By Inverter for the Period 2021-2031
  • Historical Data and Forecast of Latvia Portable Generators Market Revenues & Volume By Standby for the Period 2021-2031
  • Historical Data and Forecast of Latvia Portable Generators Market Revenues & Volume By Solar for the Period 2021-2031
  • Historical Data and Forecast of Latvia Portable Generators Market Revenues & Volume By Conventional for the Period 2021-2031
  • Historical Data and Forecast of Latvia Portable Generators Market Revenues & Volume By Power Output for the Period 2021-2031
  • Historical Data and Forecast of Latvia Portable Generators Market Revenues & Volume By <5 kW for the Period 2021-2031
  • Historical Data and Forecast of Latvia Portable Generators Market Revenues & Volume By 5-10 kW for the Period 2021-2031
  • Historical Data and Forecast of Latvia Portable Generators Market Revenues & Volume By 10-20 kW for the Period 2021-2031
  • Historical Data and Forecast of Latvia Portable Generators Market Revenues & Volume By >20 kW for the Period 2021-2031
  • Historical Data and Forecast of Latvia Portable Generators Market Revenues & Volume By Fuel Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Portable Generators Market Revenues & Volume By Gasoline for the Period 2021-2031
  • Historical Data and Forecast of Latvia Portable Generators Market Revenues & Volume By Diesel for the Period 2021-2031
  • Historical Data and Forecast of Latvia Portable Generators Market Revenues & Volume By Propane for the Period 2021-2031
  • Historical Data and Forecast of Latvia Portable Generators Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Latvia Portable Generators Market Revenues & Volume By Residential Backup for the Period 2021-2031
  • Historical Data and Forecast of Latvia Portable Generators Market Revenues & Volume By Industrial Use for the Period 2021-2031
  • Historical Data and Forecast of Latvia Portable Generators Market Revenues & Volume By Outdoor and Camping for the Period 2021-2031
  • Historical Data and Forecast of Latvia Portable Generators Market Revenues & Volume By Construction for the Period 2021-2031
  • Latvia Portable Generators Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Power Output
  • Market Opportunity Assessment By Fuel Type
  • Market Opportunity Assessment By Application
  • Latvia Portable Generators Top Companies Market Share
  • Latvia Portable Generators Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Portable Generators Company Profiles
  • Latvia Portable Generators Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Portable Generators 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 Portable Generators 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 Portable Generators Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Portable Generators Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Portable Generators Market - Industry Life Cycle

3.4 Latvia Portable Generators Market - Porter's Five Forces

3.5 Latvia Portable Generators Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Portable Generators Market Revenues & Volume Share, By Power Output, 2021 & 2031F

3.7 Latvia Portable Generators Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F

3.8 Latvia Portable Generators Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia Portable Generators Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for portable power sources in residential and commercial sectors

4.2.2 Growing frequency of power outages due to extreme weather conditions

4.2.3 Rise in outdoor recreational activities leading to higher adoption of portable generators

4.3 Market Restraints

4.3.1 High initial cost of portable generators may hinder market growth

4.3.2 Noise pollution concerns associated with portable generators may limit their usage in certain areas

5 Latvia Portable Generators Market Trends

6 Latvia Portable Generators Market, By Types

6.1 Latvia Portable Generators Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Portable Generators Market Revenues & Volume, By Type, 2021 - 2031F

6.1.3 Latvia Portable Generators Market Revenues & Volume, By Inverter, 2021 - 2031F

6.1.4 Latvia Portable Generators Market Revenues & Volume, By Standby, 2021 - 2031F

6.1.5 Latvia Portable Generators Market Revenues & Volume, By Solar, 2021 - 2031F

6.1.6 Latvia Portable Generators Market Revenues & Volume, By Conventional, 2021 - 2031F

6.2 Latvia Portable Generators Market, By Power Output

6.2.1 Overview and Analysis

6.2.2 Latvia Portable Generators Market Revenues & Volume, By <5 kW, 2021 - 2031F

6.2.3 Latvia Portable Generators Market Revenues & Volume, By 5-10 kW, 2021 - 2031F

6.2.4 Latvia Portable Generators Market Revenues & Volume, By 10-20 kW, 2021 - 2031F

6.2.5 Latvia Portable Generators Market Revenues & Volume, By >20 kW, 2021 - 2031F

6.3 Latvia Portable Generators Market, By Fuel Type

6.3.1 Overview and Analysis

6.3.2 Latvia Portable Generators Market Revenues & Volume, By Gasoline, 2021 - 2031F

6.3.3 Latvia Portable Generators Market Revenues & Volume, By Diesel, 2021 - 2031F

6.3.4 Latvia Portable Generators Market Revenues & Volume, By Propane, 2021 - 2031F

6.4 Latvia Portable Generators Market, By Application

6.4.1 Overview and Analysis

6.4.2 Latvia Portable Generators Market Revenues & Volume, By Residential Backup, 2021 - 2031F

6.4.3 Latvia Portable Generators Market Revenues & Volume, By Industrial Use, 2021 - 2031F

6.4.4 Latvia Portable Generators Market Revenues & Volume, By Outdoor and Camping, 2021 - 2031F

6.4.5 Latvia Portable Generators Market Revenues & Volume, By Construction, 2021 - 2031F

7 Latvia Portable Generators Market Import-Export Trade Statistics

7.1 Latvia Portable Generators Market Export to Major Countries

7.2 Latvia Portable Generators Market Imports from Major Countries

8 Latvia Portable Generators Market Key Performance Indicators

8.1 Average run time per charge for portable generators

8.2 Percentage of households using portable generators as backup power sources

8.3 Number of outdoor events and activities where portable generators are utilized

9 Latvia Portable Generators Market - Opportunity Assessment

9.1 Latvia Portable Generators Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Portable Generators Market Opportunity Assessment, By Power Output, 2021 & 2031F

9.3 Latvia Portable Generators Market Opportunity Assessment, By Fuel Type, 2021 & 2031F

9.4 Latvia Portable Generators Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia Portable Generators Market - Competitive Landscape

10.1 Latvia Portable Generators Market Revenue Share, By Companies, 2024

10.2 Latvia Portable Generators Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

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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