| Product Code: ETC5079590 | 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 |
The robotics import market in Latvia saw a significant shift in 2024, with top exporting countries including Sweden, Germany, Australia, Lithuania, and Austria. The market concentration, as measured by the HHI, decreased from high in 2023 to low in 2024, indicating a more competitive landscape. Despite a negative growth rate of -43.88% in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained strong at 8.28%, reflecting steady overall growth in the industry over the past years. This dynamic market environment suggests opportunities for both local businesses and foreign suppliers in the robotics sector.

Latvia's Robots market is anticipated to experience a stable growth rate of 1.15% 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 Robots Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Robots Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Robots Market - Industry Life Cycle |
3.4 Latvia Robots Market - Porter's Five Forces |
3.5 Latvia Robots Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Robots Market Revenues & Volume Share, By Mobility, 2021 & 2031F |
3.7 Latvia Robots Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Latvia Robots Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Technological advancements in robotics leading to improved capabilities and efficiency. |
4.2.2 Increasing demand for automation in industries to enhance productivity and reduce labor costs. |
4.2.3 Government initiatives and funding to support the adoption of robotics in various sectors. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with implementing robotics technology. |
4.3.2 Concerns about job displacement and the need for retraining of the workforce. |
4.3.3 Lack of skilled professionals to operate and maintain advanced robotics systems. |
5 Latvia Robots Market Trends |
6 Latvia Robots Market Segmentations |
6.1 Latvia Robots Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Robots Market Revenues & Volume, By SCARA, 2021-2031F |
6.1.3 Latvia Robots Market Revenues & Volume, By Cartesian, 2021-2031F |
6.1.4 Latvia Robots Market Revenues & Volume, By Articulated, 2021-2031F |
6.1.5 Latvia Robots Market Revenues & Volume, By Cylindrical, 2021-2031F |
6.1.6 Latvia Robots Market Revenues & Volume, By Parallel, 2021-2031F |
6.2 Latvia Robots Market, By Mobility |
6.2.1 Overview and Analysis |
6.2.2 Latvia Robots Market Revenues & Volume, By Mobile Robotics, 2021-2031F |
6.2.3 Latvia Robots Market Revenues & Volume, By Fixed Robotics, 2021-2031F |
6.3 Latvia Robots Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Latvia Robots Market Revenues & Volume, By Medical, 2021-2031F |
6.3.3 Latvia Robots Market Revenues & Volume, By Entertainment, 2021-2031F |
6.3.4 Latvia Robots Market Revenues & Volume, By Field, 2021-2031F |
6.3.5 Latvia Robots Market Revenues & Volume, By Logistics, 2021-2031F |
6.3.6 Latvia Robots Market Revenues & Volume, By Defense, 2021-2031F |
6.3.7 Latvia Robots Market Revenues & Volume, By Public Safety, 2021-2031F |
6.3.8 Latvia Robots Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Latvia Robots Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Robots Market Import-Export Trade Statistics |
7.1 Latvia Robots Market Export to Major Countries |
7.2 Latvia Robots Market Imports from Major Countries |
8 Latvia Robots Market Key Performance Indicators |
8.1 Percentage of companies adopting robotics technology in key industries. |
8.2 Rate of increase in RD investment in robotics technology. |
8.3 Number of robotics-related patents filed in Latvia. |
8.4 Productivity growth in industries after the implementation of robotics technology. |
8.5 Number of robotics training programs offered in collaboration with educational institutions. |
9 Latvia Robots Market - Opportunity Assessment |
9.1 Latvia Robots Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Robots Market Opportunity Assessment, By Mobility, 2021 & 2031F |
9.3 Latvia Robots Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Latvia Robots Market - Competitive Landscape |
10.1 Latvia Robots Market Revenue Share, By Companies, 2024 |
10.2 Latvia Robots Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |