| Product Code: ETC7920051 | 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 |
The import shipments of radial piston motors to Latvia in 2024 showed a significant shift in concentration levels, moving from high concentration in 2023 to moderate concentration in 2024. The top exporting countries to Latvia in 2024 were Germany, Sweden, Finland, UK, and Poland. With a commendable Compound Annual Growth Rate (CAGR) of 14.43% from 2020 to 2024, the industry witnessed a steady growth rate of 1.15% from 2023 to 2024. This data indicates a positive trend in the Latvian market for radial piston motors, with diverse sources contributing to its import landscape.

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 Radial Piston Motor Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Radial Piston Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Radial Piston Motor Market - Industry Life Cycle |
3.4 Latvia Radial Piston Motor Market - Porter's Five Forces |
3.5 Latvia Radial Piston Motor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Radial Piston Motor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Radial Piston Motor Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Latvia Radial Piston Motor Market Revenues & Volume Share, By Component, 2021 & 2031F |
4 Latvia Radial Piston Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-power density motors in industries such as construction, agriculture, and mining. |
4.2.2 Growing focus on energy-efficient hydraulic systems driving the adoption of radial piston motors. |
4.2.3 Technological advancements leading to improved performance and reliability of radial piston motors. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices affecting production costs. |
4.3.2 Intense competition from alternative motor technologies such as axial piston motors. |
4.3.3 Economic uncertainties impacting investment decisions and market growth. |
5 Latvia Radial Piston Motor Market Trends |
6 Latvia Radial Piston Motor Market, By Types |
6.1 Latvia Radial Piston Motor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Radial Piston Motor Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Radial Piston Motor Market Revenues & Volume, By Pneumatic Radial Piston Motors, 2021- 2031F |
6.1.4 Latvia Radial Piston Motor Market Revenues & Volume, By Hydraulic Radial Piston Motors, 2021- 2031F |
6.2 Latvia Radial Piston Motor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Radial Piston Motor Market Revenues & Volume, By Mining, 2021- 2031F |
6.2.3 Latvia Radial Piston Motor Market Revenues & Volume, By Rubber, 2021- 2031F |
6.2.4 Latvia Radial Piston Motor Market Revenues & Volume, By Paper and Pulp, 2021- 2031F |
6.2.5 Latvia Radial Piston Motor Market Revenues & Volume, By Material Handling, 2021- 2031F |
6.2.6 Latvia Radial Piston Motor Market Revenues & Volume, By Chemical Processing, 2021- 2031F |
6.2.7 Latvia Radial Piston Motor Market Revenues & Volume, By Oil and Gas, 2021- 2031F |
6.3 Latvia Radial Piston Motor Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Radial Piston Motor Market Revenues & Volume, By Direct Sales, 2021- 2031F |
6.3.3 Latvia Radial Piston Motor Market Revenues & Volume, By Distributors, 2021- 2031F |
6.3.4 Latvia Radial Piston Motor Market Revenues & Volume, By Retailers, 2021- 2031F |
6.4 Latvia Radial Piston Motor Market, By Component |
6.4.1 Overview and Analysis |
6.4.2 Latvia Radial Piston Motor Market Revenues & Volume, By Motor Housing, 2021- 2031F |
6.4.3 Latvia Radial Piston Motor Market Revenues & Volume, By Pistons, 2021- 2031F |
6.4.4 Latvia Radial Piston Motor Market Revenues & Volume, By Thrust Plate, 2021- 2031F |
6.4.5 Latvia Radial Piston Motor Market Revenues & Volume, By Shafts, 2021- 2031F |
6.4.6 Latvia Radial Piston Motor Market Revenues & Volume, By Seals, 2021- 2031F |
7 Latvia Radial Piston Motor Market Import-Export Trade Statistics |
7.1 Latvia Radial Piston Motor Market Export to Major Countries |
7.2 Latvia Radial Piston Motor Market Imports from Major Countries |
8 Latvia Radial Piston Motor Market Key Performance Indicators |
8.1 Average operating efficiency of radial piston motors. |
8.2 Rate of adoption of radial piston motors in key industries. |
8.3 Number of new product launches and innovations in the radial piston motor market. |
8.4 Customer satisfaction levels with radial piston motor performance and durability. |
9 Latvia Radial Piston Motor Market - Opportunity Assessment |
9.1 Latvia Radial Piston Motor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Radial Piston Motor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Radial Piston Motor Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Latvia Radial Piston Motor Market Opportunity Assessment, By Component, 2021 & 2031F |
10 Latvia Radial Piston Motor Market - Competitive Landscape |
10.1 Latvia Radial Piston Motor Market Revenue Share, By Companies, 2024 |
10.2 Latvia Radial Piston Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |