| Product Code: ETC5699484 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Latvia market for transcritical CO2 systems saw a decline in import shipments in 2024, with top exporting countries being Lithuania, Germany, China, Netherlands, and Ireland. The market exhibited very low concentration levels, indicating a diverse range of suppliers. The negative CAGR and growth rate suggest a challenging environment for the industry, potentially impacted by various factors such as economic conditions and regulatory changes. Monitoring market dynamics and adapting strategies will be crucial for stakeholders in the transcritical CO2 systems sector 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 Transcritical CO2 Systems Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Transcritical CO2 Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Transcritical CO2 Systems Market - Industry Life Cycle |
3.4 Latvia Transcritical CO2 Systems Market - Porter's Five Forces |
3.5 Latvia Transcritical CO2 Systems Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.6 Latvia Transcritical CO2 Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Transcritical CO2 Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and adoption of environmentally friendly refrigeration solutions in Latvia |
4.2.2 Government regulations promoting the use of natural refrigerants like CO2 |
4.2.3 Growing focus on energy efficiency and reducing carbon footprint in commercial and industrial sectors |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with transcritical CO2 systems |
4.3.2 Lack of technical expertise and skilled workforce for installation and maintenance of CO2 systems |
4.3.3 Limited availability of components and infrastructure for transcritical CO2 systems in Latvia |
5 Latvia Transcritical CO2 Systems Market Trends |
6 Latvia Transcritical CO2 Systems Market Segmentations |
6.1 Latvia Transcritical CO2 Systems Market, By Function |
6.1.1 Overview and Analysis |
6.1.2 Latvia Transcritical CO2 Systems Market Revenues & Volume, By Refrigeration, 2021-2031F |
6.1.3 Latvia Transcritical CO2 Systems Market Revenues & Volume, By Heating, 2021-2031F |
6.1.4 Latvia Transcritical CO2 Systems Market Revenues & Volume, By Air Conditioning, 2021-2031F |
6.2 Latvia Transcritical CO2 Systems Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Transcritical CO2 Systems Market Revenues & Volume, By Supermarkets , 2021-2031F |
6.2.3 Latvia Transcritical CO2 Systems Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.4 Latvia Transcritical CO2 Systems Market Revenues & Volume, By Heat Pumps, 2021-2031F |
6.2.5 Latvia Transcritical CO2 Systems Market Revenues & Volume, By Food Processing & Storage Facilities, 2021-2031F |
6.2.6 Latvia Transcritical CO2 Systems Market Revenues & Volume, By Ice Skating Rinks, 2021-2031F |
7 Latvia Transcritical CO2 Systems Market Import-Export Trade Statistics |
7.1 Latvia Transcritical CO2 Systems Market Export to Major Countries |
7.2 Latvia Transcritical CO2 Systems Market Imports from Major Countries |
8 Latvia Transcritical CO2 Systems Market Key Performance Indicators |
8.1 Energy efficiency improvements achieved through the use of transcritical CO2 systems |
8.2 Number of new installations and retrofits of transcritical CO2 systems in Latvia |
8.3 Reduction in greenhouse gas emissions attributed to the adoption of CO2 refrigeration technology |
9 Latvia Transcritical CO2 Systems Market - Opportunity Assessment |
9.1 Latvia Transcritical CO2 Systems Market Opportunity Assessment, By Function, 2021 & 2031F |
9.2 Latvia Transcritical CO2 Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Transcritical CO2 Systems Market - Competitive Landscape |
10.1 Latvia Transcritical CO2 Systems Market Revenue Share, By Companies, 2024 |
10.2 Latvia Transcritical CO2 Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |