| Product Code: ETC7921003 | 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 |
Latvia`s school bus import market in 2024 continues to see significant growth, with top exporting countries including Turkey, Czechia, Lithuania, Germany, and Spain. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 stands at a robust 17.0%, showcasing a positive trend in the industry. The impressive growth rate of 69.7% from 2023 to 2024 signals a rapid expansion in the importation of school buses, reflecting a potentially lucrative market for both domestic and international suppliers.

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 School Bus Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia School Bus Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia School Bus Market - Industry Life Cycle |
3.4 Latvia School Bus Market - Porter's Five Forces |
3.5 Latvia School Bus Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.6 Latvia School Bus Market Revenues & Volume Share, By Design Type, 2021 & 2031F |
4 Latvia School Bus Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Implementation of government regulations mandating safe and efficient school transportation. |
4.2.2 Increasing focus on improving school transportation infrastructure. |
4.2.3 Growing awareness about the importance of student safety during transportation. |
4.3 Market Restraints |
4.3.1 Budget constraints affecting the purchasing power of schools and local authorities. |
4.3.2 Fluctuating fuel prices impacting operational costs. |
4.3.3 Limited availability of skilled drivers and maintenance personnel. |
5 Latvia School Bus Market Trends |
6 Latvia School Bus Market, By Types |
6.1 Latvia School Bus Market, By Propulsion |
6.1.1 Overview and Analysis |
6.1.2 Latvia School Bus Market Revenues & Volume, By Propulsion, 2021- 2031F |
6.1.3 Latvia School Bus Market Revenues & Volume, By Internal Combustion Engine, 2021- 2031F |
6.1.4 Latvia School Bus Market Revenues & Volume, By Electric, 2021- 2031F |
6.1.5 Latvia School Bus Market Revenues & Volume, By Hybrid, 2021- 2031F |
6.2 Latvia School Bus Market, By Design Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia School Bus Market Revenues & Volume, By Type A, 2021- 2031F |
6.2.3 Latvia School Bus Market Revenues & Volume, By Type B, 2021- 2031F |
6.2.4 Latvia School Bus Market Revenues & Volume, By Type C, 2021- 2031F |
6.2.5 Latvia School Bus Market Revenues & Volume, By Type D, 2021- 2031F |
7 Latvia School Bus Market Import-Export Trade Statistics |
7.1 Latvia School Bus Market Export to Major Countries |
7.2 Latvia School Bus Market Imports from Major Countries |
8 Latvia School Bus Market Key Performance Indicators |
8.1 Average age of school bus fleet. |
8.2 Percentage of schools compliant with safety regulations. |
8.3 Average annual fuel efficiency of school buses. |
8.4 Number of road accidents involving school buses. |
8.5 Percentage of schools with GPS tracking systems installed on buses. |
9 Latvia School Bus Market - Opportunity Assessment |
9.1 Latvia School Bus Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.2 Latvia School Bus Market Opportunity Assessment, By Design Type, 2021 & 2031F |
10 Latvia School Bus Market - Competitive Landscape |
10.1 Latvia School Bus Market Revenue Share, By Companies, 2024 |
10.2 Latvia School Bus Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |