| Product Code: ETC10157749 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Latvia`s power electronics IC import market saw a significant shift in concentration in 2024, with top exporters being China, USA, Taiwan, Germany, and Philippines. The market experienced a steep decline in both CAGR and growth rate, indicating challenges and changes in the industry. The rise in HHI concentration levels suggests a more competitive landscape among these key exporting countries. Stakeholders should closely monitor these trends to adapt strategies and leverage opportunities in this evolving market.

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 Power Electronics IC Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Power Electronics IC Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Power Electronics IC Market - Industry Life Cycle |
3.4 Latvia Power Electronics IC Market - Porter's Five Forces |
3.5 Latvia Power Electronics IC Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Power Electronics IC Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Power Electronics IC Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Latvia Power Electronics IC Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia Power Electronics IC Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Power Electronics IC Market Trends |
6 Latvia Power Electronics IC Market, By Types |
6.1 Latvia Power Electronics IC Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Power Electronics IC Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Power Electronics IC Market Revenues & Volume, By Power Management ICs, 2021 - 2031F |
6.1.4 Latvia Power Electronics IC Market Revenues & Volume, By Analog ICs, 2021 - 2031F |
6.1.5 Latvia Power Electronics IC Market Revenues & Volume, By Digital ICs, 2021 - 2031F |
6.1.6 Latvia Power Electronics IC Market Revenues & Volume, By Mixed-Signal ICs, 2021 - 2031F |
6.2 Latvia Power Electronics IC Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Power Electronics IC Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.2.3 Latvia Power Electronics IC Market Revenues & Volume, By Industrial Automation, 2021 - 2031F |
6.2.4 Latvia Power Electronics IC Market Revenues & Volume, By Smart Grids, 2021 - 2031F |
6.2.5 Latvia Power Electronics IC Market Revenues & Volume, By Medical Devices, 2021 - 2031F |
6.3 Latvia Power Electronics IC Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Latvia Power Electronics IC Market Revenues & Volume, By Silicon, 2021 - 2031F |
6.3.3 Latvia Power Electronics IC Market Revenues & Volume, By GaN, 2021 - 2031F |
6.3.4 Latvia Power Electronics IC Market Revenues & Volume, By SiC, 2021 - 2031F |
6.3.5 Latvia Power Electronics IC Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.4 Latvia Power Electronics IC Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Latvia Power Electronics IC Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.4.3 Latvia Power Electronics IC Market Revenues & Volume, By Telecommunications, 2021 - 2031F |
6.4.4 Latvia Power Electronics IC Market Revenues & Volume, By Aerospace & Defense, 2021 - 2031F |
6.4.5 Latvia Power Electronics IC Market Revenues & Volume, By Data Centers, 2021 - 2031F |
7 Latvia Power Electronics IC Market Import-Export Trade Statistics |
7.1 Latvia Power Electronics IC Market Export to Major Countries |
7.2 Latvia Power Electronics IC Market Imports from Major Countries |
8 Latvia Power Electronics IC Market Key Performance Indicators |
9 Latvia Power Electronics IC Market - Opportunity Assessment |
9.1 Latvia Power Electronics IC Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Power Electronics IC Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Power Electronics IC Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 Latvia Power Electronics IC Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia Power Electronics IC Market - Competitive Landscape |
10.1 Latvia Power Electronics IC Market Revenue Share, By Companies, 2024 |
10.2 Latvia Power Electronics IC 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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