| Product Code: ETC7923054 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of temperature modulation devices in Latvia from top exporting countries such as Spain, Italy, Netherlands, Germany, and Poland have witnessed a significant growth with a high Herfindahl-Hirschman Index (HHI) concentration in 2024. Despite a remarkable compound annual growth rate (CAGR) of 18.99% from 2020 to 2024, the growth rate experienced a sharp decline of -69.88% from 2023 to 2024. This fluctuation indicates the dynamic nature of the market and the need for strategic adaptation to changing trends and demands in the temperature modulation device industry 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 Modulation Devices Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Temperature Modulation Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Temperature Modulation Devices Market - Industry Life Cycle |
3.4 Latvia Temperature Modulation Devices Market - Porter's Five Forces |
3.5 Latvia Temperature Modulation Devices Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Latvia Temperature Modulation Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about energy efficiency and sustainability |
4.2.2 Rising demand for smart home technology |
4.2.3 Government initiatives promoting energy-efficient solutions |
4.3 Market Restraints |
4.3.1 High initial costs of temperature modulation devices |
4.3.2 Lack of standardized regulations and certifications |
4.3.3 Limited consumer awareness about the benefits of temperature modulation devices |
5 Latvia Temperature Modulation Devices Market Trends |
6 Latvia Temperature Modulation Devices Market, By Types |
6.1 Latvia Temperature Modulation Devices Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Temperature Modulation Devices Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Temperature Modulation Devices Market Revenues & Volume, By Portable Blood/IV fluid warmers, 2021- 2031F |
6.1.4 Latvia Temperature Modulation Devices Market Revenues & Volume, By Conductive patient warming systems, 2021- 2031F |
6.1.5 Latvia Temperature Modulation Devices Market Revenues & Volume, By Convective patient warming systems, 2021- 2031F |
6.1.6 Latvia Temperature Modulation Devices Market Revenues & Volume, By Conductive patient cooling systems, 2021- 2031F |
6.1.7 Latvia Temperature Modulation Devices Market Revenues & Volume, By Other Products & Accessories, 2021- 2031F |
7 Latvia Temperature Modulation Devices Market Import-Export Trade Statistics |
7.1 Latvia Temperature Modulation Devices Market Export to Major Countries |
7.2 Latvia Temperature Modulation Devices Market Imports from Major Countries |
8 Latvia Temperature Modulation Devices Market Key Performance Indicators |
8.1 Energy savings achieved by using temperature modulation devices |
8.2 Number of smart home installations incorporating temperature modulation devices |
8.3 Percentage of government buildings using energy-efficient temperature modulation devices |
8.4 Customer satisfaction ratings for temperature modulation devices |
8.5 Percentage increase in demand for temperature modulation devices over time |
9 Latvia Temperature Modulation Devices Market - Opportunity Assessment |
9.1 Latvia Temperature Modulation Devices Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Latvia Temperature Modulation Devices Market - Competitive Landscape |
10.1 Latvia Temperature Modulation Devices Market Revenue Share, By Companies, 2024 |
10.2 Latvia Temperature Modulation Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |