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

Name: Latvia Small Wind Market (2025-2031) | Size & Revenue
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Small Wind Market, Latvia Small Wind Market, Latvia Small Wind Market Revenues, Latvia Small Wind Market Share, Latvia Small Wind Market Size, Latvia Small Wind Market Outlook, Latvia Small Wind Market Report, Latvia Small Wind Market Competition, Latvia Small Wind Market Overview, Latvia Small Wind Market Trends, Latvia Small Wind Market Forecast

Market Forecast By Application (Off-Grid, On-Grid), By Axis Type (Horizontal Axis Wind Turbines, Vertical Axis Wind Turbines) And Competitive Landscape

Product Code: ETC7921547	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 Small Wind Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Despite the high concentration of import shipments in the small wind sector to Latvia, the top countries exporting in 2024 include China, Hong Kong, Metropolitan France, Canada, and Estonia. The negative Compound Annual Growth Rate (CAGR) of -25.12% from 2020 to 2024, and a significant decline in growth rate of -82.54% from 2023 to 2024, indicate challenges in the market. It is crucial for stakeholders to closely monitor these trends and adapt their strategies to navigate the changing landscape of small wind imports in Latvia.

Latvia Small Wind Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Latvia Small Wind Market Outlook
Market Size of Latvia Small Wind Market, 2024
Forecast of Latvia Small Wind Market, 2031
Historical Data and Forecast of Latvia Small Wind Revenues & Volume for the Period 2021- 2031
Latvia Small Wind Market Trend Evolution
Latvia Small Wind Market Drivers and Challenges
Latvia Small Wind Price Trends
Latvia Small Wind Porter's Five Forces
Latvia Small Wind Industry Life Cycle
Historical Data and Forecast of Latvia Small Wind Market Revenues & Volume By Application for the Period 2021- 2031
Historical Data and Forecast of Latvia Small Wind Market Revenues & Volume By Off-Grid for the Period 2021- 2031
Historical Data and Forecast of Latvia Small Wind Market Revenues & Volume By On-Grid for the Period 2021- 2031
Historical Data and Forecast of Latvia Small Wind Market Revenues & Volume By Axis Type for the Period 2021- 2031
Historical Data and Forecast of Latvia Small Wind Market Revenues & Volume By Horizontal Axis Wind Turbines for the Period 2021- 2031
Historical Data and Forecast of Latvia Small Wind Market Revenues & Volume By Vertical Axis Wind Turbines for the Period 2021- 2031
Latvia Small Wind Import Export Trade Statistics
Market Opportunity Assessment By Application
Market Opportunity Assessment By Axis Type
Latvia Small Wind Top Companies Market Share
Latvia Small Wind Competitive Benchmarking By Technical and Operational Parameters
Latvia Small Wind Company Profiles
Latvia Small Wind 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 Small Wind Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Small Wind Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Small Wind Market - Industry Life Cycle

3.4 Latvia Small Wind Market - Porter's Five Forces

3.5 Latvia Small Wind Market Revenues & Volume Share, By Application, 2021 & 2031F

3.6 Latvia Small Wind Market Revenues & Volume Share, By Axis Type, 2021 & 2031F

4 Latvia Small Wind Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Government incentives and subsidies for renewable energy projects in Latvia

4.2.2 Increasing awareness and adoption of clean energy sources among consumers

4.2.3 Technological advancements leading to more efficient and cost-effective small wind turbines

4.3 Market Restraints

4.3.1 High initial investment and installation costs for small wind systems

4.3.2 Limited availability of suitable locations with optimal wind conditions in Latvia

4.3.3 Regulatory challenges and permitting requirements for small wind projects

5 Latvia Small Wind Market Trends

6 Latvia Small Wind Market, By Types

6.1 Latvia Small Wind Market, By Application

6.1.1 Overview and Analysis

6.1.2 Latvia Small Wind Market Revenues & Volume, By Application, 2021- 2031F

6.1.3 Latvia Small Wind Market Revenues & Volume, By Off-Grid, 2021- 2031F

6.1.4 Latvia Small Wind Market Revenues & Volume, By On-Grid, 2021- 2031F

6.2 Latvia Small Wind Market, By Axis Type

6.2.1 Overview and Analysis

6.2.2 Latvia Small Wind Market Revenues & Volume, By Horizontal Axis Wind Turbines, 2021- 2031F

6.2.3 Latvia Small Wind Market Revenues & Volume, By Vertical Axis Wind Turbines, 2021- 2031F

7 Latvia Small Wind Market Import-Export Trade Statistics

7.1 Latvia Small Wind Market Export to Major Countries

7.2 Latvia Small Wind Market Imports from Major Countries

8 Latvia Small Wind Market Key Performance Indicators

8.1 Average capacity factor of small wind turbines in Latvia

8.2 Number of small wind projects approved and installed annually

8.3 Percentage increase in the use of small wind energy compared to traditional sources in Latvia

9 Latvia Small Wind Market - Opportunity Assessment

9.1 Latvia Small Wind Market Opportunity Assessment, By Application, 2021 & 2031F

9.2 Latvia Small Wind Market Opportunity Assessment, By Axis Type, 2021 & 2031F

10 Latvia Small Wind Market - Competitive Landscape

10.1 Latvia Small Wind Market Revenue Share, By Companies, 2024

10.2 Latvia Small Wind 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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