Latvia Solar Photovoltaic (PV) Mounting Systems Market (2025-2031) | Industry, Segmentation, Trends, Companies, Outlook, Competitive Landscape, Size & Revenue, Value, Growth, Forecast, Analysis, Share

Market Forecast By Technology (Fixed, Tracking), By Product (Ground Mounted, Rooftop), By End-Use (Residential, Commercial and Industrial, Utility) And Competitive Landscape
Product Code: ETC7921913 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 Solar Photovoltaic (Pv) Mounting Systems Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia continued to see a steady flow of solar photovoltaic mounting systems imports, with top exporters being Poland, Germany, China, Lithuania, and Estonia. Despite the diversity of sources, the market remains competitive, with a low Herfindahl-Hirschman Index indicating a lack of concentration among suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 was modest at 0.38, reflecting stable demand. However, there was a notable decline in growth rate from 2023 to 2024 at -35.71%, suggesting a temporary setback that may require further investigation.

Latvia Solar Photovoltaic (Pv) Mounting Systems Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia Solar Photovoltaic (PV) Mounting Systems Market Outlook
  • Market Size of Latvia Solar Photovoltaic (PV) Mounting Systems Market, 2024
  • Forecast of Latvia Solar Photovoltaic (PV) Mounting Systems Market, 2031
  • Historical Data and Forecast of Latvia Solar Photovoltaic (PV) Mounting Systems Revenues & Volume for the Period 2021- 2031
  • Latvia Solar Photovoltaic (PV) Mounting Systems Market Trend Evolution
  • Latvia Solar Photovoltaic (PV) Mounting Systems Market Drivers and Challenges
  • Latvia Solar Photovoltaic (PV) Mounting Systems Price Trends
  • Latvia Solar Photovoltaic (PV) Mounting Systems Porter's Five Forces
  • Latvia Solar Photovoltaic (PV) Mounting Systems Industry Life Cycle
  • Historical Data and Forecast of Latvia Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume By Technology for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume By Fixed for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume By Tracking for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume By Product for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume By Ground Mounted for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume By Rooftop for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume By End-Use for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume By Residential for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume By Commercial and Industrial for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume By Utility for the Period 2021- 2031
  • Latvia Solar Photovoltaic (PV) Mounting Systems Import Export Trade Statistics
  • Market Opportunity Assessment By Technology
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By End-Use
  • Latvia Solar Photovoltaic (PV) Mounting Systems Top Companies Market Share
  • Latvia Solar Photovoltaic (PV) Mounting Systems Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Solar Photovoltaic (PV) Mounting Systems Company Profiles
  • Latvia Solar Photovoltaic (PV) Mounting Systems 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 Solar Photovoltaic (PV) Mounting Systems Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Solar Photovoltaic (PV) Mounting Systems Market - Industry Life Cycle

3.4 Latvia Solar Photovoltaic (PV) Mounting Systems Market - Porter's Five Forces

3.5 Latvia Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume Share, By Technology, 2021 & 2031F

3.6 Latvia Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume Share, By Product, 2021 & 2031F

3.7 Latvia Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume Share, By End-Use, 2021 & 2031F

4 Latvia Solar Photovoltaic (PV) Mounting Systems Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Government incentives and subsidies for renewable energy projects

4.2.2 Increasing awareness about the benefits of solar energy

4.2.3 Growing environmental concerns and push towards sustainability

4.3 Market Restraints

4.3.1 High initial investment costs associated with solar PV systems

4.3.2 Lack of skilled labor for installation and maintenance of solar PV systems

4.3.3 Fluctuating raw material prices impacting overall system costs

5 Latvia Solar Photovoltaic (PV) Mounting Systems Market Trends

6 Latvia Solar Photovoltaic (PV) Mounting Systems Market, By Types

6.1 Latvia Solar Photovoltaic (PV) Mounting Systems Market, By Technology

6.1.1 Overview and Analysis

6.1.2 Latvia Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume, By Technology, 2021- 2031F

6.1.3 Latvia Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume, By Fixed, 2021- 2031F

6.1.4 Latvia Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume, By Tracking, 2021- 2031F

6.2 Latvia Solar Photovoltaic (PV) Mounting Systems Market, By Product

6.2.1 Overview and Analysis

6.2.2 Latvia Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume, By Ground Mounted, 2021- 2031F

6.2.3 Latvia Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume, By Rooftop, 2021- 2031F

6.3 Latvia Solar Photovoltaic (PV) Mounting Systems Market, By End-Use

6.3.1 Overview and Analysis

6.3.2 Latvia Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume, By Residential, 2021- 2031F

6.3.3 Latvia Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume, By Commercial and Industrial, 2021- 2031F

6.3.4 Latvia Solar Photovoltaic (PV) Mounting Systems Market Revenues & Volume, By Utility, 2021- 2031F

7 Latvia Solar Photovoltaic (PV) Mounting Systems Market Import-Export Trade Statistics

7.1 Latvia Solar Photovoltaic (PV) Mounting Systems Market Export to Major Countries

7.2 Latvia Solar Photovoltaic (PV) Mounting Systems Market Imports from Major Countries

8 Latvia Solar Photovoltaic (PV) Mounting Systems Market Key Performance Indicators

8.1 Average installation time for solar PV mounting systems

8.2 Percentage of energy generated from solar PV systems in overall energy mix

8.3 Number of new solar PV installations in Latvia per year

9 Latvia Solar Photovoltaic (PV) Mounting Systems Market - Opportunity Assessment

9.1 Latvia Solar Photovoltaic (PV) Mounting Systems Market Opportunity Assessment, By Technology, 2021 & 2031F

9.2 Latvia Solar Photovoltaic (PV) Mounting Systems Market Opportunity Assessment, By Product, 2021 & 2031F

9.3 Latvia Solar Photovoltaic (PV) Mounting Systems Market Opportunity Assessment, By End-Use, 2021 & 2031F

10 Latvia Solar Photovoltaic (PV) Mounting Systems Market - Competitive Landscape

10.1 Latvia Solar Photovoltaic (PV) Mounting Systems Market Revenue Share, By Companies, 2024

10.2 Latvia Solar Photovoltaic (PV) Mounting Systems Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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