| 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 |
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.

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 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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