| 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 |
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.

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 |