| Product Code: ETC7923891 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s import of vacuum pumps in 2024 saw significant growth, with top exporting countries being Norway, Germany, Netherlands, Italy, and Sweden. Despite high concentration with a high Herfindahl-Hirschman Index (HHI), the market showed a strong Compound Annual Growth Rate (CAGR) of 10.36% from 2020 to 2024. The growth rate in 2024 alone was an impressive 22.7%, indicating a thriving market for vacuum pump imports 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 Vacuum Pump Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Vacuum Pump Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Vacuum Pump Market - Industry Life Cycle |
3.4 Latvia Vacuum Pump Market - Porter's Five Forces |
3.5 Latvia Vacuum Pump Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Vacuum Pump Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Vacuum Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for vacuum pumps in various industries such as manufacturing, chemical, and pharmaceutical sectors. |
4.2.2 Technological advancements leading to the development of more efficient and reliable vacuum pump systems. |
4.2.3 Growing emphasis on energy efficiency and sustainability driving the adoption of eco-friendly vacuum pump solutions. |
4.3 Market Restraints |
4.3.1 Economic fluctuations affecting investments in industrial equipment, including vacuum pumps. |
4.3.2 Availability of alternative technologies or solutions that could potentially replace the need for vacuum pumps in certain applications. |
4.3.3 Regulatory challenges related to environmental standards and compliance impacting the market dynamics. |
5 Latvia Vacuum Pump Market Trends |
6 Latvia Vacuum Pump Market, By Types |
6.1 Latvia Vacuum Pump Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Vacuum Pump Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Vacuum Pump Market Revenues & Volume, By High Vacuum Pumps, 2021- 2031F |
6.1.4 Latvia Vacuum Pump Market Revenues & Volume, By Medium Vacuum Pumps, 2021- 2031F |
6.1.5 Latvia Vacuum Pump Market Revenues & Volume, By Low Vacuum Pumps, 2021- 2031F |
6.2 Latvia Vacuum Pump Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Vacuum Pump Market Revenues & Volume, By Energy & Power, 2021- 2031F |
6.2.3 Latvia Vacuum Pump Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.2.4 Latvia Vacuum Pump Market Revenues & Volume, By Chemical, 2021- 2031F |
6.2.5 Latvia Vacuum Pump Market Revenues & Volume, By Semiconductor, 2021- 2031F |
7 Latvia Vacuum Pump Market Import-Export Trade Statistics |
7.1 Latvia Vacuum Pump Market Export to Major Countries |
7.2 Latvia Vacuum Pump Market Imports from Major Countries |
8 Latvia Vacuum Pump Market Key Performance Indicators |
8.1 Energy efficiency improvements in vacuum pump systems. |
8.2 Adoption rate of eco-friendly vacuum pump technologies. |
8.3 Maintenance and downtime reduction metrics for vacuum pump installations. |
8.4 Innovation and RD investments in the development of advanced vacuum pump solutions. |
8.5 Customer satisfaction and feedback regarding the performance and reliability of vacuum pump products. |
9 Latvia Vacuum Pump Market - Opportunity Assessment |
9.1 Latvia Vacuum Pump Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Vacuum Pump Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Vacuum Pump Market - Competitive Landscape |
10.1 Latvia Vacuum Pump Market Revenue Share, By Companies, 2024 |
10.2 Latvia Vacuum Pump Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |