| Product Code: ETC5884620 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
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 Smart Transportation Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Smart Transportation Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Smart Transportation Market - Industry Life Cycle |
3.4 Latvia Smart Transportation Market - Porter's Five Forces |
3.5 Latvia Smart Transportation Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Latvia Smart Transportation Market Revenues & Volume Share, By Components, 2021 & 2031F |
3.7 Latvia Smart Transportation Market Revenues & Volume Share, By Transportation Mode, 2021 & 2031F |
3.8 Latvia Smart Transportation Market Revenues & Volume Share, By Communication Technology, 2021 & 2031F |
3.9 Latvia Smart Transportation Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Smart Transportation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives to promote smart transportation solutions |
4.2.2 Growing urbanization and congestion in major cities |
4.2.3 Rising demand for efficient and sustainable transportation systems |
4.3 Market Restraints |
4.3.1 High initial investment costs for implementing smart transportation infrastructure |
4.3.2 Lack of standardized regulations and interoperability among different smart transportation systems |
4.3.3 Concerns regarding data privacy and cybersecurity in smart transportation solutions |
5 Latvia Smart Transportation Market Trends |
6 Latvia Smart Transportation Market Segmentations |
6.1 Latvia Smart Transportation Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Latvia Smart Transportation Market Revenues & Volume, By AVLS, 2021-2031F |
6.1.3 Latvia Smart Transportation Market Revenues & Volume, By TIS, 2021-2031F |
6.1.4 Latvia Smart Transportation Market Revenues & Volume, By EPS, 2021-2031F |
6.1.5 Latvia Smart Transportation Market Revenues & Volume, By & Intelligent Vehicle Initiatives, 2021-2031F |
6.2 Latvia Smart Transportation Market, By Components |
6.2.1 Overview and Analysis |
6.2.2 Latvia Smart Transportation Market Revenues & Volume, By CCTV Camera, 2021-2031F |
6.2.3 Latvia Smart Transportation Market Revenues & Volume, By GPS, 2021-2031F |
6.2.4 Latvia Smart Transportation Market Revenues & Volume, By Display, 2021-2031F |
6.2.5 Latvia Smart Transportation Market Revenues & Volume, By Automated Stop Announcement & Wi-Fi, 2021-2031F |
6.3 Latvia Smart Transportation Market, By Transportation Mode |
6.3.1 Overview and Analysis |
6.3.2 Latvia Smart Transportation Market Revenues & Volume, By Roadway, 2021-2031F |
6.3.3 Latvia Smart Transportation Market Revenues & Volume, By Railway, 2021-2031F |
6.3.4 Latvia Smart Transportation Market Revenues & Volume, By Airway, 2021-2031F |
6.3.5 Latvia Smart Transportation Market Revenues & Volume, By Maritime, 2021-2031F |
6.4 Latvia Smart Transportation Market, By Communication Technology |
6.4.1 Overview and Analysis |
6.4.2 Latvia Smart Transportation Market Revenues & Volume, By Communication Technology in Roadways, 2021-2031F |
6.4.3 Latvia Smart Transportation Market Revenues & Volume, By Communication Technology in Railways, 2021-2031F |
6.4.4 Latvia Smart Transportation Market Revenues & Volume, By Communication Technology in Airways, 2021-2031F |
6.4.5 Latvia Smart Transportation Market Revenues & Volume, By Communication Technology in Maritime, 2021-2031F |
6.5 Latvia Smart Transportation Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Latvia Smart Transportation Market Revenues & Volume, By Mobility as a Service, 2021-2031F |
6.5.3 Latvia Smart Transportation Market Revenues & Volume, By Route Information and Route Guidance, 2021-2031F |
6.5.4 Latvia Smart Transportation Market Revenues & Volume, By Public Transport, 2021-2031F |
6.5.5 Latvia Smart Transportation Market Revenues & Volume, By Transit Hubs, 2021-2031F |
6.5.6 Latvia Smart Transportation Market Revenues & Volume, By Connected Cars, 2021-2031F |
6.5.7 Latvia Smart Transportation Market Revenues & Volume, By Video Management, 2021-2031F |
7 Latvia Smart Transportation Market Import-Export Trade Statistics |
7.1 Latvia Smart Transportation Market Export to Major Countries |
7.2 Latvia Smart Transportation Market Imports from Major Countries |
8 Latvia Smart Transportation Market Key Performance Indicators |
8.1 Adoption rate of smart transportation technologies in key cities |
8.2 Reduction in average commute time and traffic congestion levels |
8.3 Increase in the usage of public transportation and shared mobility services |
8.4 Number of partnerships and collaborations between technology providers and transportation authorities |
8.5 Improvement in air quality and reduction in carbon emissions due to smart transportation initiatives |
9 Latvia Smart Transportation Market - Opportunity Assessment |
9.1 Latvia Smart Transportation Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Latvia Smart Transportation Market Opportunity Assessment, By Components, 2021 & 2031F |
9.3 Latvia Smart Transportation Market Opportunity Assessment, By Transportation Mode, 2021 & 2031F |
9.4 Latvia Smart Transportation Market Opportunity Assessment, By Communication Technology, 2021 & 2031F |
9.5 Latvia Smart Transportation Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Smart Transportation Market - Competitive Landscape |
10.1 Latvia Smart Transportation Market Revenue Share, By Companies, 2024 |
10.2 Latvia Smart Transportation Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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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