Latvia Surge Arresters Market (2025-2031) | Trends, Share, Revenue, Growth, Analysis, Industry, Outlook, Value, Size, Segmentation, Companies & Forecast

Market Forecast By Type (Polymeric, Porcelain), By End User (Utilities, Industries, Transportation), By Application (AIS, GIS), By Voltage (Medium Voltage, High Voltage, Extra High Voltage), By Class (Distribution Class, Intermediate Class, Station Class) And Competitive Landscape
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

Latvia Surge Arresters Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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.

Latvia Surge Arresters Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia Surge Arresters Market Outlook
  • Market Size of Latvia Surge Arresters Market, 2024
  • Forecast of Latvia Surge Arresters Market, 2031
  • Historical Data and Forecast of Latvia Surge Arresters Revenues & Volume for the Period 2021-2031
  • Latvia Surge Arresters Market Trend Evolution
  • Latvia Surge Arresters Market Drivers and Challenges
  • Latvia Surge Arresters Price Trends
  • Latvia Surge Arresters Porter`s Five Forces
  • Latvia Surge Arresters Industry Life Cycle
  • Historical Data and Forecast of Latvia Surge Arresters Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Surge Arresters Market Revenues & Volume By Polymeric for the Period 2021-2031
  • Historical Data and Forecast of Latvia Surge Arresters Market Revenues & Volume By Porcelain for the Period 2021-2031
  • Historical Data and Forecast of Latvia Surge Arresters Market Revenues & Volume By End User for the Period 2021-2031
  • Historical Data and Forecast of Latvia Surge Arresters Market Revenues & Volume By Utilities for the Period 2021-2031
  • Historical Data and Forecast of Latvia Surge Arresters Market Revenues & Volume By Industries for the Period 2021-2031
  • Historical Data and Forecast of Latvia Surge Arresters Market Revenues & Volume By Transportation for the Period 2021-2031
  • Historical Data and Forecast of Latvia Surge Arresters Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Latvia Surge Arresters Market Revenues & Volume By AIS for the Period 2021-2031
  • Historical Data and Forecast of Latvia Surge Arresters Market Revenues & Volume By GIS for the Period 2021-2031
  • Historical Data and Forecast of Latvia Surge Arresters Market Revenues & Volume By Voltage for the Period 2021-2031
  • Historical Data and Forecast of Latvia Surge Arresters Market Revenues & Volume By Medium Voltage for the Period 2021-2031
  • Historical Data and Forecast of Latvia Surge Arresters Market Revenues & Volume By High Voltage for the Period 2021-2031
  • Historical Data and Forecast of Latvia Surge Arresters Market Revenues & Volume By Extra High Voltage for the Period 2021-2031
  • Historical Data and Forecast of Latvia Surge Arresters Market Revenues & Volume By Class for the Period 2021-2031
  • Historical Data and Forecast of Latvia Surge Arresters Market Revenues & Volume By Distribution Class for the Period 2021-2031
  • Historical Data and Forecast of Latvia Surge Arresters Market Revenues & Volume By Intermediate Class for the Period 2021-2031
  • Historical Data and Forecast of Latvia Surge Arresters Market Revenues & Volume By Station Class for the Period 2021-2031
  • Latvia Surge Arresters Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By End User
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Voltage
  • Market Opportunity Assessment By Class
  • Latvia Surge Arresters Top Companies Market Share
  • Latvia Surge Arresters Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Surge Arresters Company Profiles
  • Latvia Surge Arresters Key Strategic Recommendations

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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

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