| Product Code: ETC5570873 | 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 import shipments of utility locators in Latvia in 2024 continue to be dominated by Germany, Poland, China, Lithuania, and Finland. Despite a negative Compound Annual Growth Rate (CAGR) of -2.85% from 2020 to 2024, the Herfindahl-Hirschman Index (HHI) indicates low market concentration. The growth rate in 2024 saw a sharp decline of -11.95%, reflecting potential challenges in the market. It will be important for stakeholders to closely monitor these trends and adapt strategies accordingly to navigate the evolving landscape in the utility locator 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 Utility Locator Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Utility Locator Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Utility Locator Market - Industry Life Cycle |
3.4 Latvia Utility Locator Market - Porter's Five Forces |
3.5 Latvia Utility Locator Market Revenues & Volume Share, By Technique , 2021 & 2031F |
3.6 Latvia Utility Locator Market Revenues & Volume Share, By Offering , 2021 & 2031F |
3.7 Latvia Utility Locator Market Revenues & Volume Share, By Target , 2021 & 2031F |
3.8 Latvia Utility Locator Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Latvia Utility Locator Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and infrastructure development projects driving the demand for utility locators. |
4.2.2 Growing awareness and emphasis on damage prevention to underground utilities. |
4.2.3 Government regulations mandating the use of utility locators to prevent accidents and ensure safety. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with acquiring utility locator equipment. |
4.3.2 Limited availability of skilled professionals proficient in operating utility locators. |
4.3.3 Challenges in accurately mapping and locating utilities in complex urban environments. |
5 Latvia Utility Locator Market Trends |
6 Latvia Utility Locator Market Segmentations |
6.1 Latvia Utility Locator Market, By Technique |
6.1.1 Overview and Analysis |
6.1.2 Latvia Utility Locator Market Revenues & Volume, By Electromagnetic field, 2021-2031F |
6.1.3 Latvia Utility Locator Market Revenues & Volume, By Ground penetrating radar, 2021-2031F |
6.1.4 Latvia Utility Locator Market Revenues & Volume, By Other, 2021-2031F |
6.2 Latvia Utility Locator Market, By Offering |
6.2.1 Overview and Analysis |
6.2.2 Latvia Utility Locator Market Revenues & Volume, By Equipment , 2021-2031F |
6.2.3 Latvia Utility Locator Market Revenues & Volume, By Services, 2021-2031F |
6.3 Latvia Utility Locator Market, By Target |
6.3.1 Overview and Analysis |
6.3.2 Latvia Utility Locator Market Revenues & Volume, By Metallic Utilities , 2021-2031F |
6.3.3 Latvia Utility Locator Market Revenues & Volume, By Non-Metallic Utilities, 2021-2031F |
6.4 Latvia Utility Locator Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 Latvia Utility Locator Market Revenues & Volume, By Oil & gas, 2021-2031F |
6.4.3 Latvia Utility Locator Market Revenues & Volume, By Electricity, 2021-2031F |
6.4.4 Latvia Utility Locator Market Revenues & Volume, By Transportation, 2021-2031F |
6.4.5 Latvia Utility Locator Market Revenues & Volume, By Water and sewage, 2021-2031F |
6.4.6 Latvia Utility Locator Market Revenues & Volume, By Telecommunication, 2021-2031F |
6.4.7 Latvia Utility Locator Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Utility Locator Market Import-Export Trade Statistics |
7.1 Latvia Utility Locator Market Export to Major Countries |
7.2 Latvia Utility Locator Market Imports from Major Countries |
8 Latvia Utility Locator Market Key Performance Indicators |
8.1 Percentage increase in the number of infrastructure projects using utility locators. |
8.2 Rate of adoption of utility locator technology by construction companies. |
8.3 Number of training programs and certifications offered for utility locator operators. |
9 Latvia Utility Locator Market - Opportunity Assessment |
9.1 Latvia Utility Locator Market Opportunity Assessment, By Technique , 2021 & 2031F |
9.2 Latvia Utility Locator Market Opportunity Assessment, By Offering , 2021 & 2031F |
9.3 Latvia Utility Locator Market Opportunity Assessment, By Target , 2021 & 2031F |
9.4 Latvia Utility Locator Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Latvia Utility Locator Market - Competitive Landscape |
10.1 Latvia Utility Locator Market Revenue Share, By Companies, 2024 |
10.2 Latvia Utility Locator Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |