| Product Code: ETC7919446 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s import shipments of power management integrated circuits (PMIC) saw a significant shift in supplier concentration from low in 2023 to very high in 2024. The top exporting countries to Latvia in 2024 were China, USA, Taiwan, Germany, and Philippines, indicating a diverse source of imports. Despite a negative Compound Annual Growth Rate (CAGR) of -7.67% from 2020 to 2024 and a steep decline in growth rate from 2023 to 2024 at -53.38%, the increased concentration suggests a potential strategic shift in the supply chain dynamics within the Latvian PMIC 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 Management Integrated Circuit (PMIC) Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Power Management Integrated Circuit (PMIC) Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Power Management Integrated Circuit (PMIC) Market - Industry Life Cycle |
3.4 Latvia Power Management Integrated Circuit (PMIC) Market - Porter's Five Forces |
3.5 Latvia Power Management Integrated Circuit (PMIC) Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Power Management Integrated Circuit (PMIC) Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Latvia Power Management Integrated Circuit (PMIC) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient solutions in various industries |
4.2.2 Growing adoption of IoT devices and smart technologies |
4.2.3 Government initiatives promoting the use of renewable energy sources |
4.3 Market Restraints |
4.3.1 High initial investment costs for implementing power management integrated circuits |
4.3.2 Lack of skilled workforce for designing and implementing advanced PMIC solutions |
4.3.3 Fluctuating raw material prices affecting manufacturing costs |
5 Latvia Power Management Integrated Circuit (PMIC) Market Trends |
6 Latvia Power Management Integrated Circuit (PMIC) Market, By Types |
6.1 Latvia Power Management Integrated Circuit (PMIC) Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Power Management Integrated Circuit (PMIC) Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Power Management Integrated Circuit (PMIC) Market Revenues & Volume, By Voltage Regulators, 2021- 2031F |
6.1.4 Latvia Power Management Integrated Circuit (PMIC) Market Revenues & Volume, By Motor Control ICs, 2021- 2031F |
6.1.5 Latvia Power Management Integrated Circuit (PMIC) Market Revenues & Volume, By Battery Management ICs, 2021- 2031F |
6.1.6 Latvia Power Management Integrated Circuit (PMIC) Market Revenues & Volume, By Multi-Channel PMICs, 2021- 2031F |
6.2 Latvia Power Management Integrated Circuit (PMIC) Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Latvia Power Management Integrated Circuit (PMIC) Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 Latvia Power Management Integrated Circuit (PMIC) Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.2.4 Latvia Power Management Integrated Circuit (PMIC) Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.5 Latvia Power Management Integrated Circuit (PMIC) Market Revenues & Volume, By Communication, 2021- 2031F |
6.2.6 Latvia Power Management Integrated Circuit (PMIC) Market Revenues & Volume, By Computing, 2021- 2031F |
6.2.7 Latvia Power Management Integrated Circuit (PMIC) Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Power Management Integrated Circuit (PMIC) Market Import-Export Trade Statistics |
7.1 Latvia Power Management Integrated Circuit (PMIC) Market Export to Major Countries |
7.2 Latvia Power Management Integrated Circuit (PMIC) Market Imports from Major Countries |
8 Latvia Power Management Integrated Circuit (PMIC) Market Key Performance Indicators |
8.1 Energy efficiency improvements in end-user applications using PMICs |
8.2 Adoption rate of PMICs in emerging technologies and industries |
8.3 Number of research and development projects focused on enhancing PMIC functionalities |
9 Latvia Power Management Integrated Circuit (PMIC) Market - Opportunity Assessment |
9.1 Latvia Power Management Integrated Circuit (PMIC) Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Power Management Integrated Circuit (PMIC) Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Latvia Power Management Integrated Circuit (PMIC) Market - Competitive Landscape |
10.1 Latvia Power Management Integrated Circuit (PMIC) Market Revenue Share, By Companies, 2024 |
10.2 Latvia Power Management Integrated Circuit (PMIC) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |