| Product Code: ETC7921746 | 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 |
In 2024, Spain, Lithuania, China, Netherlands, and Germany emerged as the top exporters of smartphone display panels to Latvia. The market witnessed a shift from low to moderate concentration, indicating increased competition. The CAGR from 2020 to 2024 was -6.66%, reflecting a decline in the market size. Moreover, the growth rate from 2023 to 2024 sharply decreased by -31.28%, highlighting challenges faced by importers and suppliers in the Latvian smartphone display panel market.

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 Smartphone Display Panel Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Smartphone Display Panel Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Smartphone Display Panel Market - Industry Life Cycle |
3.4 Latvia Smartphone Display Panel Market - Porter's Five Forces |
3.5 Latvia Smartphone Display Panel Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Latvia Smartphone Display Panel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing smartphone penetration rate in Latvia |
4.2.2 Technological advancements leading to higher demand for high-quality display panels |
4.2.3 Growing popularity of features like OLED displays and bezel-less screens in smartphones |
4.3 Market Restraints |
4.3.1 High manufacturing costs associated with advanced display panel technologies |
4.3.2 Intense competition among display panel manufacturers |
4.3.3 Economic factors impacting consumer purchasing power |
5 Latvia Smartphone Display Panel Market Trends |
6 Latvia Smartphone Display Panel Market, By Types |
6.1 Latvia Smartphone Display Panel Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Latvia Smartphone Display Panel Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Latvia Smartphone Display Panel Market Revenues & Volume, By TFT LCD LTPS Rigid, 2021- 2031F |
6.1.4 Latvia Smartphone Display Panel Market Revenues & Volume, By TFT LCD a-Si Rigid, 2021- 2031F |
6.1.5 Latvia Smartphone Display Panel Market Revenues & Volume, By AMOLED LTPS Rigid, 2021- 2031F |
6.1.6 Latvia Smartphone Display Panel Market Revenues & Volume, By AMOLED LTPS Flexible, 2021- 2031F |
6.1.7 Latvia Smartphone Display Panel Market Revenues & Volume, By AMOLED LTPO Flexible, 2021- 2031F |
6.1.8 Latvia Smartphone Display Panel Market Revenues & Volume, By TFT LCD Oxide Rigid, 2021- 2031F |
7 Latvia Smartphone Display Panel Market Import-Export Trade Statistics |
7.1 Latvia Smartphone Display Panel Market Export to Major Countries |
7.2 Latvia Smartphone Display Panel Market Imports from Major Countries |
8 Latvia Smartphone Display Panel Market Key Performance Indicators |
8.1 Average selling price (ASP) of smartphone display panels |
8.2 Adoption rate of OLED display panels in smartphones |
8.3 Percentage of smartphones with bezel-less screens |
8.4 Research and development investment in display panel technologies |
8.5 Consumer satisfaction ratings related to display quality |
9 Latvia Smartphone Display Panel Market - Opportunity Assessment |
9.1 Latvia Smartphone Display Panel Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Latvia Smartphone Display Panel Market - Competitive Landscape |
10.1 Latvia Smartphone Display Panel Market Revenue Share, By Companies, 2024 |
10.2 Latvia Smartphone Display Panel 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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