Product Code: ETC4797896 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Latvia Solar Water Heater market currently, in 2023, has witnessed an HHI of 4044, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the 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 Solar Water Heater Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Solar Water Heater Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Solar Water Heater Market - Industry Life Cycle |
3.4 Latvia Solar Water Heater Market - Porter's Five Forces |
3.5 Latvia Solar Water Heater Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Latvia Solar Water Heater Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Solar Water Heater Market Revenues & Volume Share, By System, 2021 & 2031F |
4 Latvia Solar Water Heater Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and subsidies for renewable energy solutions |
4.2.2 Increasing awareness about environmental conservation and sustainability |
4.2.3 Rising energy costs leading to a shift towards alternative energy sources |
4.3 Market Restraints |
4.3.1 High initial installation costs of solar water heaters |
4.3.2 Limited consumer awareness and understanding of solar water heater technology |
4.3.3 Dependence on weather conditions affecting solar energy generation |
5 Latvia Solar Water Heater Market Trends |
6 Latvia Solar Water Heater Market Segmentations |
6.1 Latvia Solar Water Heater Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Latvia Solar Water Heater Market Revenues & Volume, By Evacuated Tube Collector, 2021-2031F |
6.1.3 Latvia Solar Water Heater Market Revenues & Volume, By Flat Plate Collector, 2021-2031F |
6.1.4 Latvia Solar Water Heater Market Revenues & Volume, By Unglazed Water Collector, 2021-2031F |
6.2 Latvia Solar Water Heater Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Solar Water Heater Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Latvia Solar Water Heater Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.4 Latvia Solar Water Heater Market Revenues & Volume, By Industrial, 2021-2031F |
6.3 Latvia Solar Water Heater Market, By System |
6.3.1 Overview and Analysis |
6.3.2 Latvia Solar Water Heater Market Revenues & Volume, By Thermosyphon, 2021-2031F |
6.3.3 Latvia Solar Water Heater Market Revenues & Volume, By Pumped, 2021-2031F |
7 Latvia Solar Water Heater Market Import-Export Trade Statistics |
7.1 Latvia Solar Water Heater Market Export to Major Countries |
7.2 Latvia Solar Water Heater Market Imports from Major Countries |
8 Latvia Solar Water Heater Market Key Performance Indicators |
8.1 Average annual sunlight hours in Latvia |
8.2 Number of government policies supporting renewable energy adoption |
8.3 Percentage of households using solar water heaters in Latvia |
8.4 Rate of growth in the installation of solar water heaters |
8.5 Efficiency improvements in solar water heater technology |
9 Latvia Solar Water Heater Market - Opportunity Assessment |
9.1 Latvia Solar Water Heater Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Latvia Solar Water Heater Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Solar Water Heater Market Opportunity Assessment, By System, 2021 & 2031F |
10 Latvia Solar Water Heater Market - Competitive Landscape |
10.1 Latvia Solar Water Heater Market Revenue Share, By Companies, 2024 |
10.2 Latvia Solar Water Heater Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |