| Product Code: ETC4949782 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The import shipments of temperature measuring instruments to Latvia in 2024 were primarily sourced from top exporting countries such as Sweden, Germany, Poland, China, and Lithuania. The market concentration, as measured by the HHI, decreased from moderate to low in 2024, indicating a more diverse import market. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, there was a notable growth rate of 6.55% from 2023 to 2024, suggesting a potential rebound in demand for temperature measuring instruments 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 Temperature Measuring Instruments Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Temperature Measuring Instruments Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Temperature Measuring Instruments Market - Industry Life Cycle |
3.4 Latvia Temperature Measuring Instruments Market - Porter's Five Forces |
3.5 Latvia Temperature Measuring Instruments Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.6 Latvia Temperature Measuring Instruments Market Revenues & Volume Share Segmentations, 2021 & 2031F |
4 Latvia Temperature Measuring Instruments Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for accurate temperature measurement in industries such as healthcare, pharmaceuticals, and food beverage |
4.2.2 Growing emphasis on quality control and compliance with regulatory standards driving the adoption of advanced temperature measuring instruments |
4.2.3 Technological advancements leading to the development of innovative temperature measuring solutions |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with purchasing and installing temperature measuring instruments |
4.3.2 Lack of awareness about the benefits of using advanced temperature measuring instruments among small and medium-sized enterprises |
4.3.3 Limited availability of skilled professionals for operating and maintaining sophisticated temperature measuring instruments |
5 Latvia Temperature Measuring Instruments Market Trends |
6 Latvia Temperature Measuring Instruments Market Segmentations |
6.1 Latvia Temperature Measuring Instruments Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Latvia Temperature Measuring Instruments Market Revenues & Volume, By Automotive, 2021-2031F |
6.1.3 Latvia Temperature Measuring Instruments Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.1.4 Latvia Temperature Measuring Instruments Market Revenues & Volume, By Environmental, 2021-2031F |
6.1.5 Latvia Temperature Measuring Instruments Market Revenues & Volume, By Healthcare & Medical, 2021-2031F |
6.1.6 Latvia Temperature Measuring Instruments Market Revenues & Volume, By Process Industries, 2021-2031F |
6.1.7 Latvia Temperature Measuring Instruments Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Temperature Measuring Instruments Market Segmentations |
6.2.1 Overview and Analysis |
6.2.2 Latvia Temperature Measuring Instruments Market Revenues & Volume, By Contact-based, 2021-2031F |
6.2.3 Latvia Temperature Measuring Instruments Market Revenues & Volume, By Non-contact-based, 2021-2031F |
7 Latvia Temperature Measuring Instruments Market Import-Export Trade Statistics |
7.1 Latvia Temperature Measuring Instruments Market Export to Major Countries |
7.2 Latvia Temperature Measuring Instruments Market Imports from Major Countries |
8 Latvia Temperature Measuring Instruments Market Key Performance Indicators |
8.1 Percentage increase in the adoption rate of advanced temperature measuring instruments in key industries |
8.2 Number of new product launches and technological innovations in the temperature measuring instruments market |
8.3 Rate of compliance with regulatory standards and quality control guidelines among businesses using temperature measuring instruments |
9 Latvia Temperature Measuring Instruments Market - Opportunity Assessment |
9.1 Latvia Temperature Measuring Instruments Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.2 Latvia Temperature Measuring Instruments Market Opportunity Assessment Segmentations, 2021 & 2031F |
10 Latvia Temperature Measuring Instruments Market - Competitive Landscape |
10.1 Latvia Temperature Measuring Instruments Market Revenue Share, By Companies, 2024 |
10.2 Latvia Temperature Measuring Instruments Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |