| Product Code: ETC4663034 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s radar import shipments in 2024 saw a significant shift in market concentration, moving from moderate to low concentration. The top countries exporting radar to Latvia were the Netherlands, Canada, Hungary, Germany, and Sweden. Despite a negative CAGR of -9.65% from 2020 to 2024, the growth rate in 2024 experienced a steep decline of -42.56%. This data suggests a challenging market environment for radar imports in Latvia, with fluctuations in both concentration levels and growth rates impacting the industry.

Latvia's Radar market is anticipated to experience a stable growth rate of 0.58% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

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 Radar Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Radar Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Radar Market - Industry Life Cycle |
3.4 Latvia Radar Market - Porter's Five Forces |
3.5 Latvia Radar Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Latvia Radar Market Revenues & Volume Share, By Service, 2021 & 2031F |
3.7 Latvia Radar Market Revenues & Volume Share, By Platform, 2021 & 2031F |
3.8 Latvia Radar Market Revenues & Volume Share, By Frequency Band, 2021 & 2031F |
3.9 Latvia Radar Market Revenues & Volume Share, By Range, 2021 & 2031F |
3.10 Latvia Radar Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 Latvia Radar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced radar technologies for defense and security purposes in Latvia |
4.2.2 Growth in investments in infrastructure development projects driving the need for radar systems |
4.2.3 Rising focus on enhancing border security and surveillance capabilities in the region |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with the implementation of radar systems |
4.3.2 Limited availability of skilled labor for radar system maintenance and operation in Latvia |
4.3.3 Regulatory challenges and compliance requirements impacting the adoption of radar technologies |
5 Latvia Radar Market Trends |
6 Latvia Radar Market Segmentations |
6.1 Latvia Radar Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Latvia Radar Market Revenues & Volume, By Antenna, 2021-2031F |
6.1.3 Latvia Radar Market Revenues & Volume, By Transmitter, 2021-2031F |
6.1.4 Latvia Radar Market Revenues & Volume, By Receiver, 2021-2031F |
6.1.5 Latvia Radar Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Radar Market, By Service |
6.2.1 Overview and Analysis |
6.2.2 Latvia Radar Market Revenues & Volume, By Installation/Integration, 2021-2031F |
6.2.3 Latvia Radar Market Revenues & Volume, By Support & Maintenance, 2021-2031F |
6.2.4 Latvia Radar Market Revenues & Volume, By Training & Consulting, 2021-2031F |
6.3 Latvia Radar Market, By Platform |
6.3.1 Overview and Analysis |
6.3.2 Latvia Radar Market Revenues & Volume, By Ground-based, 2021-2031F |
6.3.3 Latvia Radar Market Revenues & Volume, By Naval, 2021-2031F |
6.3.4 Latvia Radar Market Revenues & Volume, By Airborne, 2021-2031F |
6.3.5 Latvia Radar Market Revenues & Volume, By Space-based, 2021-2031F |
6.4 Latvia Radar Market, By Frequency Band |
6.4.1 Overview and Analysis |
6.4.2 Latvia Radar Market Revenues & Volume, By L-band, 2021-2031F |
6.4.3 Latvia Radar Market Revenues & Volume, By S-band, 2021-2031F |
6.4.4 Latvia Radar Market Revenues & Volume, By C-band, 2021-2031F |
6.4.5 Latvia Radar Market Revenues & Volume, By X-band, 2021-2031F |
6.4.6 Latvia Radar Market Revenues & Volume, By Ku-band, 2021-2031F |
6.4.7 Latvia Radar Market Revenues & Volume, By Ka-band, 2021-2031F |
6.5 Latvia Radar Market, By Range |
6.5.1 Overview and Analysis |
6.5.2 Latvia Radar Market Revenues & Volume, By Long, 2021-2031F |
6.5.3 Latvia Radar Market Revenues & Volume, By Medium, 2021-2031F |
6.5.4 Latvia Radar Market Revenues & Volume, By Short, 2021-2031F |
6.6 Latvia Radar Market, By End-Users |
6.6.1 Overview and Analysis |
6.6.2 Latvia Radar Market Revenues & Volume, By Military Applications, 2021-2031F |
6.6.3 Latvia Radar Market Revenues & Volume, By Air Traffic Control, 2021-2031F |
6.6.4 Latvia Radar Market Revenues & Volume, By Remote Sensing, 2021-2031F |
6.6.5 Latvia Radar Market Revenues & Volume, By Ground Traffic Control, 2021-2031F |
6.6.6 Latvia Radar Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Radar Market Import-Export Trade Statistics |
7.1 Latvia Radar Market Export to Major Countries |
7.2 Latvia Radar Market Imports from Major Countries |
8 Latvia Radar Market Key Performance Indicators |
8.1 Average time to detect and respond to potential threats using radar systems |
8.2 Percentage increase in government spending on defense and security technologies |
8.3 Number of successful radar system integration projects in key infrastructure developments |
8.4 Rate of adoption of radar technologies in border security applications |
8.5 Level of satisfaction among end-users with the performance and reliability of radar systems |
9 Latvia Radar Market - Opportunity Assessment |
9.1 Latvia Radar Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Latvia Radar Market Opportunity Assessment, By Service, 2021 & 2031F |
9.3 Latvia Radar Market Opportunity Assessment, By Platform, 2021 & 2031F |
9.4 Latvia Radar Market Opportunity Assessment, By Frequency Band, 2021 & 2031F |
9.5 Latvia Radar Market Opportunity Assessment, By Range, 2021 & 2031F |
9.6 Latvia Radar Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 Latvia Radar Market - Competitive Landscape |
10.1 Latvia Radar Market Revenue Share, By Companies, 2024 |
10.2 Latvia Radar 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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