| Product Code: ETC7921939 | 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 |
The import shipments of solar panels and motorcycle batteries to Latvia in 2024 show promising growth, with top exporting countries being Czechia, Poland, Germany, Lithuania, and Finland. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained at a moderate level in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 stands at an impressive 16.14%, indicating a steadily expanding market. Furthermore, the growth rate from 2023 to 2024 surged by 26.41%, suggesting a rapid acceleration in import demand for these products in Latvia.

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 Solar and Motorcycle Battery Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Solar and Motorcycle Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Solar and Motorcycle Battery Market - Industry Life Cycle |
3.4 Latvia Solar and Motorcycle Battery Market - Porter's Five Forces |
3.5 Latvia Solar and Motorcycle Battery Market Revenues & Volume Share, By Motorcycle Type, 2021 & 2031F |
3.6 Latvia Solar and Motorcycle Battery Market Revenues & Volume Share, By Battery Type/Technology, 2021 & 2031F |
3.7 Latvia Solar and Motorcycle Battery Market Revenues & Volume Share, By Ampere Range, 2021 & 2031F |
3.8 Latvia Solar and Motorcycle Battery Market Revenues & Volume Share, By Distance Covered, 2021 & 2031F |
3.9 Latvia Solar and Motorcycle Battery Market Revenues & Volume Share, By Vehicle Class, 2021 & 2031F |
3.10 Latvia Solar and Motorcycle Battery Market Revenues & Volume Share, By Battery Capacity, 2021 & 2031F |
3.11 Latvia Solar and Motorcycle Battery Market Revenues & Volume Share, By Purpose, 2021 & 2031F |
4 Latvia Solar and Motorcycle Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and adoption of renewable energy sources in Latvia |
4.2.2 Government incentives and subsidies for solar energy and electric vehicles |
4.2.3 Growing demand for motorcycles and electric vehicles in Latvia |
4.3 Market Restraints |
4.3.1 High initial investment costs for solar panel installations and electric vehicles |
4.3.2 Limited infrastructure for electric vehicle charging stations in Latvia |
4.3.3 Seasonal variation in solar energy production due to weather conditions in Latvia |
5 Latvia Solar and Motorcycle Battery Market Trends |
6 Latvia Solar and Motorcycle Battery Market, By Types |
6.1 Latvia Solar and Motorcycle Battery Market, By Motorcycle Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Solar and Motorcycle Battery Market Revenues & Volume, By Motorcycle Type, 2021- 2031F |
6.1.3 Latvia Solar and Motorcycle Battery Market Revenues & Volume, By Standard, 2021- 2031F |
6.1.4 Latvia Solar and Motorcycle Battery Market Revenues & Volume, By Cruiser, 2021- 2031F |
6.1.5 Latvia Solar and Motorcycle Battery Market Revenues & Volume, By Sports Bike, 2021- 2031F |
6.1.6 Latvia Solar and Motorcycle Battery Market Revenues & Volume, By Touring, Sport Touring, Dual Sport, 2021- 2031F |
6.1.7 Latvia Solar and Motorcycle Battery Market Revenues & Volume, By Off-Road, 2021- 2031F |
6.2 Latvia Solar and Motorcycle Battery Market, By Battery Type/Technology |
6.2.1 Overview and Analysis |
6.2.2 Latvia Solar and Motorcycle Battery Market Revenues & Volume, By Solar Power, 2021- 2031F |
6.2.3 Latvia Solar and Motorcycle Battery Market Revenues & Volume, By Without Solar Power, 2021- 2031F |
6.3 Latvia Solar and Motorcycle Battery Market, By Ampere Range |
6.3.1 Overview and Analysis |
6.3.2 Latvia Solar and Motorcycle Battery Market Revenues & Volume, By Less Than 2.5 Amp, 2021- 2031F |
6.3.3 Latvia Solar and Motorcycle Battery Market Revenues & Volume, By More Than 2.5 Amp, 2021- 2031F |
6.4 Latvia Solar and Motorcycle Battery Market, By Distance Covered |
6.4.1 Overview and Analysis |
6.4.2 Latvia Solar and Motorcycle Battery Market Revenues & Volume, By Below 75 Miles, 2021- 2031F |
6.4.3 Latvia Solar and Motorcycle Battery Market Revenues & Volume, By 75 To 100 Miles, 2021- 2031F |
6.4.4 Latvia Solar and Motorcycle Battery Market Revenues & Volume, By Above 100 Miles, 2021- 2031F |
6.5 Latvia Solar and Motorcycle Battery Market, By Vehicle Class |
6.5.1 Overview and Analysis |
6.5.2 Latvia Solar and Motorcycle Battery Market Revenues & Volume, By Economy, 2021- 2031F |
6.5.3 Latvia Solar and Motorcycle Battery Market Revenues & Volume, By Luxury, 2021- 2031F |
6.6 Latvia Solar and Motorcycle Battery Market, By Battery Capacity |
6.6.1 Overview and Analysis |
6.6.2 Latvia Solar and Motorcycle Battery Market Revenues & Volume, By Less Than 15 kWh, 2021- 2031F |
6.6.3 Latvia Solar and Motorcycle Battery Market Revenues & Volume, By More Than 15 kWh, 2021- 2031F |
6.7 Latvia Solar and Motorcycle Battery Market, By Purpose |
6.7.1 Overview and Analysis |
6.7.2 Latvia Solar and Motorcycle Battery Market Revenues & Volume, By Police/Military, 2021- 2031F |
6.7.3 Latvia Solar and Motorcycle Battery Market Revenues & Volume, By Personal, 2021- 2031F |
6.7.4 Latvia Solar and Motorcycle Battery Market Revenues & Volume, By , 2021- 2031F |
7 Latvia Solar and Motorcycle Battery Market Import-Export Trade Statistics |
7.1 Latvia Solar and Motorcycle Battery Market Export to Major Countries |
7.2 Latvia Solar and Motorcycle Battery Market Imports from Major Countries |
8 Latvia Solar and Motorcycle Battery Market Key Performance Indicators |
8.1 Average cost of solar panel installations in Latvia |
8.2 Number of government policies supporting renewable energy and electric vehicle adoption |
8.3 Percentage of households in Latvia using solar energy or electric vehicles |
8.4 Battery life expectancy of motorcycle batteries in Latvia |
8.5 Rate of growth in electric vehicle sales in Latvia |
9 Latvia Solar and Motorcycle Battery Market - Opportunity Assessment |
9.1 Latvia Solar and Motorcycle Battery Market Opportunity Assessment, By Motorcycle Type, 2021 & 2031F |
9.2 Latvia Solar and Motorcycle Battery Market Opportunity Assessment, By Battery Type/Technology, 2021 & 2031F |
9.3 Latvia Solar and Motorcycle Battery Market Opportunity Assessment, By Ampere Range, 2021 & 2031F |
9.4 Latvia Solar and Motorcycle Battery Market Opportunity Assessment, By Distance Covered, 2021 & 2031F |
9.5 Latvia Solar and Motorcycle Battery Market Opportunity Assessment, By Vehicle Class, 2021 & 2031F |
9.6 Latvia Solar and Motorcycle Battery Market Opportunity Assessment, By Battery Capacity, 2021 & 2031F |
9.7 Latvia Solar and Motorcycle Battery Market Opportunity Assessment, By Purpose, 2021 & 2031F |
10 Latvia Solar and Motorcycle Battery Market - Competitive Landscape |
10.1 Latvia Solar and Motorcycle Battery Market Revenue Share, By Companies, 2024 |
10.2 Latvia Solar and Motorcycle Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |