| Product Code: ETC10416757 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The import shipments of relative humidity sensors to Latvia saw a significant increase in concentration in 2024, with top exporting countries being China, Germany, Poland, Finland, and Estonia. The industry experienced impressive growth, with a high compound annual growth rate (CAGR) of 30.04% from 2020 to 2024. Furthermore, the growth rate in 2024 alone surged by 50.45%, indicating a rapidly expanding market for humidity sensors in Latvia. This data suggests a strong demand for these products in the country, with key players from various countries contributing to the market`s growth.

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 Relative Humidity Sensor Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Relative Humidity Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Relative Humidity Sensor Market - Industry Life Cycle |
3.4 Latvia Relative Humidity Sensor Market - Porter's Five Forces |
3.5 Latvia Relative Humidity Sensor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Relative Humidity Sensor Market Revenues & Volume Share, By Sensing Technology, 2021 & 2031F |
3.7 Latvia Relative Humidity Sensor Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.8 Latvia Relative Humidity Sensor Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.9 Latvia Relative Humidity Sensor Market Revenues & Volume Share, By Direct Distribution, 2021 & 2031F |
4 Latvia Relative Humidity Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Relative Humidity Sensor Market Trends |
6 Latvia Relative Humidity Sensor Market, By Types |
6.1 Latvia Relative Humidity Sensor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Relative Humidity Sensor Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Relative Humidity Sensor Market Revenues & Volume, By Capacitive Sensors, 2021 - 2031F |
6.1.4 Latvia Relative Humidity Sensor Market Revenues & Volume, By Resistive Sensors, 2021 - 2031F |
6.1.5 Latvia Relative Humidity Sensor Market Revenues & Volume, By Thermal Sensors, 2021 - 2031F |
6.1.6 Latvia Relative Humidity Sensor Market Revenues & Volume, By Optical Sensors, 2021 - 2031F |
6.2 Latvia Relative Humidity Sensor Market, By Sensing Technology |
6.2.1 Overview and Analysis |
6.2.2 Latvia Relative Humidity Sensor Market Revenues & Volume, By Dielectric Variation, 2021 - 2031F |
6.2.3 Latvia Relative Humidity Sensor Market Revenues & Volume, By Resistance Change, 2021 - 2031F |
6.2.4 Latvia Relative Humidity Sensor Market Revenues & Volume, By Humidity-Induced Heat Change, 2021 - 2031F |
6.2.5 Latvia Relative Humidity Sensor Market Revenues & Volume, By Light Absorption, 2021 - 2031F |
6.3 Latvia Relative Humidity Sensor Market, By Power Source |
6.3.1 Overview and Analysis |
6.3.2 Latvia Relative Humidity Sensor Market Revenues & Volume, By Battery-Powered, 2021 - 2031F |
6.3.3 Latvia Relative Humidity Sensor Market Revenues & Volume, By Wired, 2021 - 2031F |
6.3.4 Latvia Relative Humidity Sensor Market Revenues & Volume, By Solar-Powered, 2021 - 2031F |
6.3.5 Latvia Relative Humidity Sensor Market Revenues & Volume, By Plug-In, 2021 - 2031F |
6.4 Latvia Relative Humidity Sensor Market, By End-Use |
6.4.1 Overview and Analysis |
6.4.2 Latvia Relative Humidity Sensor Market Revenues & Volume, By HVAC, Healthcare, 2021 - 2031F |
6.4.3 Latvia Relative Humidity Sensor Market Revenues & Volume, By Industrial, Automotive, 2021 - 2031F |
6.4.4 Latvia Relative Humidity Sensor Market Revenues & Volume, By Agriculture, Electronics, 2021 - 2031F |
6.4.5 Latvia Relative Humidity Sensor Market Revenues & Volume, By Weather Monitoring, Research, 2021 - 2031F |
6.5 Latvia Relative Humidity Sensor Market, By Direct Distribution |
6.5.1 Overview and Analysis |
7 Latvia Relative Humidity Sensor Market Import-Export Trade Statistics |
7.1 Latvia Relative Humidity Sensor Market Export to Major Countries |
7.2 Latvia Relative Humidity Sensor Market Imports from Major Countries |
8 Latvia Relative Humidity Sensor Market Key Performance Indicators |
9 Latvia Relative Humidity Sensor Market - Opportunity Assessment |
9.1 Latvia Relative Humidity Sensor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Relative Humidity Sensor Market Opportunity Assessment, By Sensing Technology, 2021 & 2031F |
9.3 Latvia Relative Humidity Sensor Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.4 Latvia Relative Humidity Sensor Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.5 Latvia Relative Humidity Sensor Market Opportunity Assessment, By Direct Distribution, 2021 & 2031F |
10 Latvia Relative Humidity Sensor Market - Competitive Landscape |
10.1 Latvia Relative Humidity Sensor Market Revenue Share, By Companies, 2024 |
10.2 Latvia Relative Humidity Sensor 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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