Latvia Positioning Systems Market (2025-2031) | Share, Analysis, Segmentation, Size & Revenue, Companies, Value, Industry, Forecast, Outlook, Trends, Competitive Landscape, Growth

Name: Latvia Positioning Systems Market (2025-2031) | Share & Analysis
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Positioning Systems Market, Latvia Positioning Systems Market, Latvia Positioning Systems Market Revenues, Latvia Positioning Systems Market Share, Latvia Positioning Systems Market Size, Latvia Positioning Systems Market Outlook, Latvia Positioning Systems Market Report, Latvia Positioning Systems Market Competition, Latvia Positioning Systems Market Overview, Latvia Positioning Systems Market Trends, Latvia Positioning Systems Market Forecast

Market Forecast By Deployment (Standalone Trackers, Portable Navigation Devices, Automotive Telematics Systems, Consumer Devices, Others), By Application (Road, Aviation, Marine, Location-Based Services, Surveying and Mapping, Others) And Competitive Landscape

Product Code: ETC7919325	Publication Date: Sep 2024	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Dhaval Chaurasia	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Latvia Positioning Systems Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s import shipments of positioning systems in 2024 were primarily sourced from top exporting countries such as Germany, Poland, China, Lithuania, and Finland. Despite a negative Compound Annual Growth Rate (CAGR) of -2.85% from 2020 to 2024, the market continued to show resilience with a moderate level of concentration indicated by the low Herfindahl-Hirschman Index (HHI). However, there was a notable decline in growth rate from 2023 to 2024, with a decrease of -11.95%. This suggests a challenging environment for the positioning systems market in Latvia, warranting further analysis and strategic considerations.

Latvia Positioning Systems Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Latvia Positioning Systems Market Outlook
Market Size of Latvia Positioning Systems Market, 2024
Forecast of Latvia Positioning Systems Market, 2031
Historical Data and Forecast of Latvia Positioning Systems Revenues & Volume for the Period 2021- 2031
Latvia Positioning Systems Market Trend Evolution
Latvia Positioning Systems Market Drivers and Challenges
Latvia Positioning Systems Price Trends
Latvia Positioning Systems Porter's Five Forces
Latvia Positioning Systems Industry Life Cycle
Historical Data and Forecast of Latvia Positioning Systems Market Revenues & Volume By Deployment for the Period 2021- 2031
Historical Data and Forecast of Latvia Positioning Systems Market Revenues & Volume By Standalone Trackers for the Period 2021- 2031
Historical Data and Forecast of Latvia Positioning Systems Market Revenues & Volume By Portable Navigation Devices for the Period 2021- 2031
Historical Data and Forecast of Latvia Positioning Systems Market Revenues & Volume By Automotive Telematics Systems for the Period 2021- 2031
Historical Data and Forecast of Latvia Positioning Systems Market Revenues & Volume By Consumer Devices for the Period 2021- 2031
Historical Data and Forecast of Latvia Positioning Systems Market Revenues & Volume By Others for the Period 2021- 2031
Historical Data and Forecast of Latvia Positioning Systems Market Revenues & Volume By Application for the Period 2021- 2031
Historical Data and Forecast of Latvia Positioning Systems Market Revenues & Volume By Road for the Period 2021- 2031
Historical Data and Forecast of Latvia Positioning Systems Market Revenues & Volume By Aviation for the Period 2021- 2031
Historical Data and Forecast of Latvia Positioning Systems Market Revenues & Volume By Marine for the Period 2021- 2031
Historical Data and Forecast of Latvia Positioning Systems Market Revenues & Volume By Location-Based Services for the Period 2021- 2031
Historical Data and Forecast of Latvia Positioning Systems Market Revenues & Volume By Surveying and Mapping for the Period 2021- 2031
Historical Data and Forecast of Latvia Positioning Systems Market Revenues & Volume By Others for the Period 2021- 2031
Latvia Positioning Systems Import Export Trade Statistics
Market Opportunity Assessment By Deployment
Market Opportunity Assessment By Application
Latvia Positioning Systems Top Companies Market Share
Latvia Positioning Systems Competitive Benchmarking By Technical and Operational Parameters
Latvia Positioning Systems Company Profiles
Latvia Positioning Systems Key Strategic Recommendations

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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 Positioning Systems Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Positioning Systems Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Positioning Systems Market - Industry Life Cycle

3.4 Latvia Positioning Systems Market - Porter's Five Forces

3.5 Latvia Positioning Systems Market Revenues & Volume Share, By Deployment, 2021 & 2031F

3.6 Latvia Positioning Systems Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia Positioning Systems Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for precise location tracking in various industries such as logistics, agriculture, and construction

4.2.2 Growing adoption of IoT and connected devices requiring accurate positioning systems

4.2.3 Government initiatives promoting the use of positioning systems for urban planning and smart city development

4.3 Market Restraints

4.3.1 High initial investment cost for implementing advanced positioning systems

4.3.2 Limited availability of skilled professionals to operate and maintain complex positioning technologies

4.3.3 Concerns regarding data privacy and security issues related to location tracking services

5 Latvia Positioning Systems Market Trends

6 Latvia Positioning Systems Market, By Types

6.1 Latvia Positioning Systems Market, By Deployment

6.1.1 Overview and Analysis

6.1.2 Latvia Positioning Systems Market Revenues & Volume, By Deployment, 2021- 2031F

6.1.3 Latvia Positioning Systems Market Revenues & Volume, By Standalone Trackers, 2021- 2031F

6.1.4 Latvia Positioning Systems Market Revenues & Volume, By Portable Navigation Devices, 2021- 2031F

6.1.5 Latvia Positioning Systems Market Revenues & Volume, By Automotive Telematics Systems, 2021- 2031F

6.1.6 Latvia Positioning Systems Market Revenues & Volume, By Consumer Devices, 2021- 2031F

6.1.7 Latvia Positioning Systems Market Revenues & Volume, By Others, 2021- 2031F

6.2 Latvia Positioning Systems Market, By Application

6.2.1 Overview and Analysis

6.2.2 Latvia Positioning Systems Market Revenues & Volume, By Road, 2021- 2031F

6.2.3 Latvia Positioning Systems Market Revenues & Volume, By Aviation, 2021- 2031F

6.2.4 Latvia Positioning Systems Market Revenues & Volume, By Marine, 2021- 2031F

6.2.5 Latvia Positioning Systems Market Revenues & Volume, By Location-Based Services, 2021- 2031F

6.2.6 Latvia Positioning Systems Market Revenues & Volume, By Surveying and Mapping, 2021- 2031F

6.2.7 Latvia Positioning Systems Market Revenues & Volume, By Others, 2021- 2031F

7 Latvia Positioning Systems Market Import-Export Trade Statistics

7.1 Latvia Positioning Systems Market Export to Major Countries

7.2 Latvia Positioning Systems Market Imports from Major Countries

8 Latvia Positioning Systems Market Key Performance Indicators

8.1 Average number of new positioning system installations per month

8.2 Percentage increase in the usage of positioning systems across different industries

8.3 Average time taken for companies to recoup their initial investment in positioning technology

9 Latvia Positioning Systems Market - Opportunity Assessment

9.1 Latvia Positioning Systems Market Opportunity Assessment, By Deployment, 2021 & 2031F

9.2 Latvia Positioning Systems Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia Positioning Systems Market - Competitive Landscape

10.1 Latvia Positioning Systems Market Revenue Share, By Companies, 2024

10.2 Latvia Positioning Systems Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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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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