| Product Code: ETC7922299 | 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`s import of stationary lead acid batteries in 2024 continued to be sourced primarily from neighboring countries such as Finland, Lithuania, and Sweden, along with Germany and the Netherlands. The market showed low concentration with a stable Herfindahl-Hirschman Index (HHI). Despite a modest compound annual growth rate (CAGR) of 1.55% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -15.25%, indicating a potential shift or challenge in the market dynamics during that period.

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 Stationary Lead Acid Battery Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Stationary Lead Acid Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Stationary Lead Acid Battery Market - Industry Life Cycle |
3.4 Latvia Stationary Lead Acid Battery Market - Porter's Five Forces |
3.5 Latvia Stationary Lead Acid Battery Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Stationary Lead Acid Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable backup power solutions in industries and commercial sectors |
4.2.2 Growing adoption of renewable energy sources leading to the need for energy storage solutions |
4.2.3 Government initiatives promoting the use of stationary lead acid batteries for grid stabilization and backup power |
4.3 Market Restraints |
4.3.1 Competition from alternative energy storage technologies like lithium-ion batteries |
4.3.2 Environmental concerns related to lead acid battery disposal and recycling |
4.3.3 Volatility in lead prices impacting the overall cost of stationary lead acid batteries |
5 Latvia Stationary Lead Acid Battery Market Trends |
6 Latvia Stationary Lead Acid Battery Market, By Types |
6.1 Latvia Stationary Lead Acid Battery Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Stationary Lead Acid Battery Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Latvia Stationary Lead Acid Battery Market Revenues & Volume, By Telecommunication, 2021- 2031F |
6.1.4 Latvia Stationary Lead Acid Battery Market Revenues & Volume, By Transportation infrastructure, 2021- 2031F |
6.1.5 Latvia Stationary Lead Acid Battery Market Revenues & Volume, By Building, 2021- 2031F |
6.1.6 Latvia Stationary Lead Acid Battery Market Revenues & Volume, By Utilities, 2021- 2031F |
6.1.7 Latvia Stationary Lead Acid Battery Market Revenues & Volume, By Oil & gas, 2021- 2031F |
6.1.8 Latvia Stationary Lead Acid Battery Market Revenues & Volume, By Off-grid renewable, 2021- 2031F |
7 Latvia Stationary Lead Acid Battery Market Import-Export Trade Statistics |
7.1 Latvia Stationary Lead Acid Battery Market Export to Major Countries |
7.2 Latvia Stationary Lead Acid Battery Market Imports from Major Countries |
8 Latvia Stationary Lead Acid Battery Market Key Performance Indicators |
8.1 Average cycle life of stationary lead acid batteries |
8.2 Efficiency of charging and discharging processes |
8.3 Rate of adoption of stationary lead acid batteries in key industries and sectors |
9 Latvia Stationary Lead Acid Battery Market - Opportunity Assessment |
9.1 Latvia Stationary Lead Acid Battery Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Stationary Lead Acid Battery Market - Competitive Landscape |
10.1 Latvia Stationary Lead Acid Battery Market Revenue Share, By Companies, 2024 |
10.2 Latvia Stationary Lead Acid Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |