| Product Code: ETC7921938 | 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 water pump systems to Latvia in 2024 saw a notable increase in concentration, with top exporters being China, Germany, Poland, Czechia, and Italy. The HHI shifted from low concentration in 2023 to high concentration in 2024, indicating a shift towards dominance by key players. Despite a negative CAGR of -15.26% from 2020 to 2024, there was a significant growth rate of 30.21% from 2023 to 2024, showcasing a potential uptrend in the market for solar water pump systems 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 Water Pump Systems Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Solar Water Pump Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Solar Water Pump Systems Market - Industry Life Cycle |
3.4 Latvia Solar Water Pump Systems Market - Porter's Five Forces |
3.5 Latvia Solar Water Pump Systems Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Solar Water Pump Systems Market Revenues & Volume Share, By Current, 2021 & 2031F |
3.7 Latvia Solar Water Pump Systems Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Solar Water Pump Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on renewable energy sources in Latvia |
4.2.2 Government incentives and subsidies for solar energy projects |
4.2.3 Growing awareness about the benefits of solar water pump systems |
4.3 Market Restraints |
4.3.1 High initial investment cost of solar water pump systems |
4.3.2 Lack of technical expertise and skilled labor for installation and maintenance |
4.3.3 Limited availability of financing options for solar energy projects |
5 Latvia Solar Water Pump Systems Market Trends |
6 Latvia Solar Water Pump Systems Market, By Types |
6.1 Latvia Solar Water Pump Systems Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Solar Water Pump Systems Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Solar Water Pump Systems Market Revenues & Volume, By Surface Pump, 2021- 2031F |
6.1.4 Latvia Solar Water Pump Systems Market Revenues & Volume, By Submersible Pump, 2021- 2031F |
6.1.5 Latvia Solar Water Pump Systems Market Revenues & Volume, By Floating Pump, 2021- 2031F |
6.2 Latvia Solar Water Pump Systems Market, By Current |
6.2.1 Overview and Analysis |
6.2.2 Latvia Solar Water Pump Systems Market Revenues & Volume, By AC Pumps, 2021- 2031F |
6.2.3 Latvia Solar Water Pump Systems Market Revenues & Volume, By DC Pumps, 2021- 2031F |
6.3 Latvia Solar Water Pump Systems Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Solar Water Pump Systems Market Revenues & Volume, By Drinking-Water Supply, 2021- 2031F |
6.3.3 Latvia Solar Water Pump Systems Market Revenues & Volume, By Agriculture, 2021- 2031F |
6.3.4 Latvia Solar Water Pump Systems Market Revenues & Volume, By Industrial, 2021- 2031F |
6.3.5 Latvia Solar Water Pump Systems Market Revenues & Volume, By Other Applications, 2021- 2031F |
7 Latvia Solar Water Pump Systems Market Import-Export Trade Statistics |
7.1 Latvia Solar Water Pump Systems Market Export to Major Countries |
7.2 Latvia Solar Water Pump Systems Market Imports from Major Countries |
8 Latvia Solar Water Pump Systems Market Key Performance Indicators |
8.1 Average annual sunlight hours in Latvia |
8.2 Number of government policies supporting renewable energy adoption |
8.3 Adoption rate of solar water pump systems in agricultural and rural sectors |
9 Latvia Solar Water Pump Systems Market - Opportunity Assessment |
9.1 Latvia Solar Water Pump Systems Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Solar Water Pump Systems Market Opportunity Assessment, By Current, 2021 & 2031F |
9.3 Latvia Solar Water Pump Systems Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Solar Water Pump Systems Market - Competitive Landscape |
10.1 Latvia Solar Water Pump Systems Market Revenue Share, By Companies, 2024 |
10.2 Latvia Solar Water Pump Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |