| Product Code: ETC5139307 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The surge arresters import market in Latvia experienced significant growth in 2024, with top exporting countries being Poland, Estonia, Germany, Italy, and Slovenia. The market concentration, as measured by the HHI, increased from moderate to high in 2024, indicating a more consolidated market. The impressive compound annual growth rate (CAGR) of 16.64% from 2020 to 2024 highlights the expanding demand for surge arresters in Latvia. Moreover, the growth rate of 11.18% from 2023 to 2024 suggests a sustained upward trend in import shipments, making it a lucrative market for businesses in the industry.

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 Surge Arresters Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Surge Arresters Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Surge Arresters Market - Industry Life Cycle |
3.4 Latvia Surge Arresters Market - Porter's Five Forces |
3.5 Latvia Surge Arresters Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Surge Arresters Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.7 Latvia Surge Arresters Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Surge Arresters Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.9 Latvia Surge Arresters Market Revenues & Volume Share, By Class, 2021 & 2031F |
4 Latvia Surge Arresters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing emphasis on modernizing power infrastructure in Latvia |
4.2.2 Rising demand for reliable power supply in industrial and residential sectors |
4.2.3 Growing awareness about the importance of surge protection in electronic devices |
4.3 Market Restraints |
4.3.1 Economic slowdown impacting investments in infrastructure projects |
4.3.2 Presence of alternative technologies for power protection |
4.3.3 Lack of skilled professionals for installation and maintenance of surge arresters |
5 Latvia Surge Arresters Market Trends |
6 Latvia Surge Arresters Market Segmentations |
6.1 Latvia Surge Arresters Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Surge Arresters Market Revenues & Volume, By Polymeric, 2021-2031F |
6.1.3 Latvia Surge Arresters Market Revenues & Volume, By Porcelain, 2021-2031F |
6.2 Latvia Surge Arresters Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Latvia Surge Arresters Market Revenues & Volume, By Utilities, 2021-2031F |
6.2.3 Latvia Surge Arresters Market Revenues & Volume, By Industries, 2021-2031F |
6.2.4 Latvia Surge Arresters Market Revenues & Volume, By Transportation, 2021-2031F |
6.3 Latvia Surge Arresters Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Surge Arresters Market Revenues & Volume, By AIS, 2021-2031F |
6.3.3 Latvia Surge Arresters Market Revenues & Volume, By GIS, 2021-2031F |
6.4 Latvia Surge Arresters Market, By Voltage |
6.4.1 Overview and Analysis |
6.4.2 Latvia Surge Arresters Market Revenues & Volume, By Medium Voltage, 2021-2031F |
6.4.3 Latvia Surge Arresters Market Revenues & Volume, By High Voltage, 2021-2031F |
6.4.4 Latvia Surge Arresters Market Revenues & Volume, By Extra High Voltage, 2021-2031F |
6.5 Latvia Surge Arresters Market, By Class |
6.5.1 Overview and Analysis |
6.5.2 Latvia Surge Arresters Market Revenues & Volume, By Distribution Class, 2021-2031F |
6.5.3 Latvia Surge Arresters Market Revenues & Volume, By Intermediate Class, 2021-2031F |
6.5.4 Latvia Surge Arresters Market Revenues & Volume, By Station Class, 2021-2031F |
7 Latvia Surge Arresters Market Import-Export Trade Statistics |
7.1 Latvia Surge Arresters Market Export to Major Countries |
7.2 Latvia Surge Arresters Market Imports from Major Countries |
8 Latvia Surge Arresters Market Key Performance Indicators |
8.1 Number of new infrastructure projects initiated in Latvia |
8.2 Adoption rate of surge protection devices in residential and industrial sectors |
8.3 Frequency of power outages and electrical disturbances in the region |
9 Latvia Surge Arresters Market - Opportunity Assessment |
9.1 Latvia Surge Arresters Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Surge Arresters Market Opportunity Assessment, By End User, 2021 & 2031F |
9.3 Latvia Surge Arresters Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Surge Arresters Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.5 Latvia Surge Arresters Market Opportunity Assessment, By Class, 2021 & 2031F |
10 Latvia Surge Arresters Market - Competitive Landscape |
10.1 Latvia Surge Arresters Market Revenue Share, By Companies, 2024 |
10.2 Latvia Surge Arresters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |