Latvia Security Radar Device Market (2025-2031) | Competitive Landscape, Analysis, Trends, Companies, Value, Industry, Growth, Outlook, Segmentation, Size & Revenue, Forecast, Share

Name: Latvia Security Radar Device Market (2025-2031) | Competitive Landscape & Analysis
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Security Radar Device Market, Latvia Security Radar Device Market, Latvia Security Radar Device Market Revenues, Latvia Security Radar Device Market Share, Latvia Security Radar Device Market Size, Latvia Security Radar Device Market Outlook, Latvia Security Radar Device Market Report, Latvia Security Radar Device Market Competition, Latvia Security Radar Device Market Overview, Latvia Security Radar Device Market Trends, Latvia Security Radar Device Market Forecast

Market Forecast By Application (Residential, Commercial, Industrial, Defense) And Competitive Landscape

Product Code: ETC7921090	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 Security Radar Device Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The import shipments of security radar devices to Latvia in 2024 saw a shift in concentration levels, moving from very high concentration in 2023 to a more moderate level. Top exporting countries include Lithuania, Poland, Canada, Hungary, and Netherlands. Despite a negative growth rate in 2024 compared to the previous year, the compound annual growth rate (CAGR) from 2020 to 2024 stands at a steady 2.47%. This data suggests a stable market for security radar devices in Latvia with a diverse range of exporting countries contributing to the import shipments.

Latvia Security Radar Device Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Latvia Security Radar Device Market Outlook
Market Size of Latvia Security Radar Device Market, 2024
Forecast of Latvia Security Radar Device Market, 2031
Historical Data and Forecast of Latvia Security Radar Device Revenues & Volume for the Period 2021- 2031
Latvia Security Radar Device Market Trend Evolution
Latvia Security Radar Device Market Drivers and Challenges
Latvia Security Radar Device Price Trends
Latvia Security Radar Device Porter's Five Forces
Latvia Security Radar Device Industry Life Cycle
Historical Data and Forecast of Latvia Security Radar Device Market Revenues & Volume By Application for the Period 2021- 2031
Historical Data and Forecast of Latvia Security Radar Device Market Revenues & Volume By Residential for the Period 2021- 2031
Historical Data and Forecast of Latvia Security Radar Device Market Revenues & Volume By Commercial for the Period 2021- 2031
Historical Data and Forecast of Latvia Security Radar Device Market Revenues & Volume By Industrial for the Period 2021- 2031
Historical Data and Forecast of Latvia Security Radar Device Market Revenues & Volume By Defense for the Period 2021- 2031
Latvia Security Radar Device Import Export Trade Statistics
Market Opportunity Assessment By Application
Latvia Security Radar Device Top Companies Market Share
Latvia Security Radar Device Competitive Benchmarking By Technical and Operational Parameters
Latvia Security Radar Device Company Profiles
Latvia Security Radar Device Key Strategic Recommendations

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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 Security Radar Device Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Security Radar Device Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Security Radar Device Market - Industry Life Cycle

3.4 Latvia Security Radar Device Market - Porter's Five Forces

3.5 Latvia Security Radar Device Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia Security Radar Device Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing security threats and concerns in Latvia

4.2.2 Government initiatives to enhance national security

4.2.3 Technological advancements in radar device technology

4.3 Market Restraints

4.3.1 High initial investment required for security radar devices

4.3.2 Limited awareness and adoption of advanced radar technologies in Latvia

5 Latvia Security Radar Device Market Trends

6 Latvia Security Radar Device Market, By Types

6.1 Latvia Security Radar Device Market, By Application

6.1.1 Overview and Analysis

6.1.2 Latvia Security Radar Device Market Revenues & Volume, By Application, 2021- 2031F

6.1.3 Latvia Security Radar Device Market Revenues & Volume, By Residential, 2021- 2031F

6.1.4 Latvia Security Radar Device Market Revenues & Volume, By Commercial, 2021- 2031F

6.1.5 Latvia Security Radar Device Market Revenues & Volume, By Industrial, 2021- 2031F

6.1.6 Latvia Security Radar Device Market Revenues & Volume, By Defense, 2021- 2031F

7 Latvia Security Radar Device Market Import-Export Trade Statistics

7.1 Latvia Security Radar Device Market Export to Major Countries

7.2 Latvia Security Radar Device Market Imports from Major Countries

8 Latvia Security Radar Device Market Key Performance Indicators

8.1 Number of government contracts awarded for security radar devices

8.2 Percentage increase in RD investment in radar device technology

8.3 Adoption rate of radar devices in critical infrastructure sectors in Latvia

9 Latvia Security Radar Device Market - Opportunity Assessment

9.1 Latvia Security Radar Device Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia Security Radar Device Market - Competitive Landscape

10.1 Latvia Security Radar Device Market Revenue Share, By Companies, 2024

10.2 Latvia Security Radar Device Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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