| Product Code: ETC7920797 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s import shipments of rotary vane vacuum pumps saw significant growth in 2024, with top exporters being Norway, Germany, Netherlands, Italy, and Sweden. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 10.07%, with a notable growth rate of 21.89% in 2024 alone. This data suggests a strong demand for these products in Latvia, with key players from various countries contributing to the market`s expansion.

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 Rotary Vane Vacuum Pump Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Rotary Vane Vacuum Pump Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Rotary Vane Vacuum Pump Market - Industry Life Cycle |
3.4 Latvia Rotary Vane Vacuum Pump Market - Porter's Five Forces |
3.5 Latvia Rotary Vane Vacuum Pump Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Latvia Rotary Vane Vacuum Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for rotary vane vacuum pumps in industries such as manufacturing, pharmaceuticals, and automotive in Latvia. |
4.2.2 Increasing emphasis on energy efficiency and sustainability driving the adoption of rotary vane vacuum pumps. |
4.2.3 Technological advancements leading to improved performance and reliability of rotary vane vacuum pumps. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with rotary vane vacuum pumps. |
4.3.2 Intense competition from other types of vacuum pumps in the market. |
4.3.3 Impact of economic fluctuations on the purchasing power of industrial customers. |
5 Latvia Rotary Vane Vacuum Pump Market Trends |
6 Latvia Rotary Vane Vacuum Pump Market, By Types |
6.1 Latvia Rotary Vane Vacuum Pump Market, By End-user Industry |
6.1.1 Overview and Analysis |
6.1.2 Latvia Rotary Vane Vacuum Pump Market Revenues & Volume, By End-user Industry, 2021- 2031F |
6.1.3 Latvia Rotary Vane Vacuum Pump Market Revenues & Volume, By Process Industry, 2021- 2031F |
6.1.4 Latvia Rotary Vane Vacuum Pump Market Revenues & Volume, By Semiconductor, 2021- 2031F |
6.1.5 Latvia Rotary Vane Vacuum Pump Market Revenues & Volume, By Solar, 2021- 2031F |
6.1.6 Latvia Rotary Vane Vacuum Pump Market Revenues & Volume, By Instrumentation, 2021- 2031F |
6.1.7 Latvia Rotary Vane Vacuum Pump Market Revenues & Volume, By Other, 2021- 2031F |
7 Latvia Rotary Vane Vacuum Pump Market Import-Export Trade Statistics |
7.1 Latvia Rotary Vane Vacuum Pump Market Export to Major Countries |
7.2 Latvia Rotary Vane Vacuum Pump Market Imports from Major Countries |
8 Latvia Rotary Vane Vacuum Pump Market Key Performance Indicators |
8.1 Energy efficiency improvement percentage of rotary vane vacuum pumps. |
8.2 Number of new applications or industries adopting rotary vane vacuum pumps. |
8.3 Maintenance cost reduction percentage for rotary vane vacuum pumps. |
8.4 Number of patents filed for technological innovations in rotary vane vacuum pump design. |
8.5 Percentage of overall industrial equipment budget allocated to vacuum pump solutions. |
9 Latvia Rotary Vane Vacuum Pump Market - Opportunity Assessment |
9.1 Latvia Rotary Vane Vacuum Pump Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Latvia Rotary Vane Vacuum Pump Market - Competitive Landscape |
10.1 Latvia Rotary Vane Vacuum Pump Market Revenue Share, By Companies, 2024 |
10.2 Latvia Rotary Vane Vacuum Pump Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |