| Product Code: ETC7917828 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The import shipments of PV monitoring systems to Latvia in 2024 show a diverse supplier base, with top countries being Germany, Denmark, Poland, China, and Netherlands. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained low in 2024, indicating a competitive landscape. Despite a negative compound annual growth rate (CAGR) of -6.23% from 2020 to 2024, there was a slight improvement in the growth rate from 2023 to 2024, with a decline of -3.78%. This suggests a potential stabilization in the market for PV monitoring systems in Latvia.
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 PV Monitoring Systems Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia PV Monitoring Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia PV Monitoring Systems Market - Industry Life Cycle |
3.4 Latvia PV Monitoring Systems Market - Porter's Five Forces |
3.5 Latvia PV Monitoring Systems Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia PV Monitoring Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia PV Monitoring Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of solar energy in Latvia |
4.2.2 Government incentives and policies supporting renewable energy sources |
4.2.3 Growing awareness about the benefits of PV monitoring systems |
4.3 Market Restraints |
4.3.1 High initial investment costs for PV monitoring systems |
4.3.2 Lack of skilled professionals for installation and maintenance |
4.3.3 Regulatory challenges and permitting issues |
5 Latvia PV Monitoring Systems Market Trends |
6 Latvia PV Monitoring Systems Market, By Types |
6.1 Latvia PV Monitoring Systems Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia PV Monitoring Systems Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia PV Monitoring Systems Market Revenues & Volume, By Hardware, 2021- 2031F |
6.1.4 Latvia PV Monitoring Systems Market Revenues & Volume, By Software, 2021- 2031F |
6.2 Latvia PV Monitoring Systems Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia PV Monitoring Systems Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Latvia PV Monitoring Systems Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.4 Latvia PV Monitoring Systems Market Revenues & Volume, By Industrial, 2021- 2031F |
7 Latvia PV Monitoring Systems Market Import-Export Trade Statistics |
7.1 Latvia PV Monitoring Systems Market Export to Major Countries |
7.2 Latvia PV Monitoring Systems Market Imports from Major Countries |
8 Latvia PV Monitoring Systems Market Key Performance Indicators |
8.1 Average system uptime percentage |
8.2 Number of new installations per year |
8.3 Energy output efficiency of PV monitoring systems |
8.4 Customer satisfaction ratings for PV monitoring system providers |
8.5 Rate of return on investment for customers |
9 Latvia PV Monitoring Systems Market - Opportunity Assessment |
9.1 Latvia PV Monitoring Systems Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia PV Monitoring Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia PV Monitoring Systems Market - Competitive Landscape |
10.1 Latvia PV Monitoring Systems Market Revenue Share, By Companies, 2024 |
10.2 Latvia PV Monitoring Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |