| Product Code: ETC5895260 | 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 |
In 2024, Latvia`s vehicle scanner import market continued to see a diverse range of suppliers, with Germany, Poland, China, Lithuania, and Finland emerging as the top exporting countries. Despite the low concentration level indicated by the Herfindahl-Hirschman Index (HHI), the market experienced a decline in both the compound annual growth rate (CAGR) from 2020 to 2024 at -2.85% and the growth rate from 2023 to 2024 at -11.95%. This suggests a challenging landscape for vehicle scanner imports in Latvia, with fluctuations in demand and competition among various exporting nations.

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 Vehicle Scanner Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Vehicle Scanner Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Vehicle Scanner Market - Industry Life Cycle |
3.4 Latvia Vehicle Scanner Market - Porter's Five Forces |
3.5 Latvia Vehicle Scanner Market Revenues & Volume Share, By Scanner Type, 2021 & 2031F |
3.6 Latvia Vehicle Scanner Market Revenues & Volume Share, By Structure Type, 2021 & 2031F |
3.7 Latvia Vehicle Scanner Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 Latvia Vehicle Scanner Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Latvia Vehicle Scanner Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Latvia Vehicle Scanner Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on enhancing border security measures in Latvia |
4.2.2 Growing demand for efficient and automated inspection processes |
4.2.3 Technological advancements leading to the development of more sophisticated vehicle scanning systems |
4.3 Market Restraints |
4.3.1 High initial investment costs for implementing vehicle scanning systems |
4.3.2 Regulatory challenges and compliance requirements impacting market growth |
4.3.3 Limited awareness about the benefits of vehicle scanning technology among potential customers |
5 Latvia Vehicle Scanner Market Trends |
6 Latvia Vehicle Scanner Market Segmentations |
6.1 Latvia Vehicle Scanner Market, By Scanner Type |
6.1.1 Overview and Analysis | 6.1.3 Latvia Vehicle Scanner Market Revenues & Volume, By Portable/Mobile, 2021-2031F |
6.1.3 Latvia Vehicle Scanner Market Revenues & Volume, By Fixed/Static, 2021-2031F |
6.2 Latvia Vehicle Scanner Market, By Structure Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Vehicle Scanner Market Revenues & Volume, By Drive-through, 2021-2031F |
6.2.3 Latvia Vehicle Scanner Market Revenues & Volume, By UVSS, 2021-2031F |
6.3 Latvia Vehicle Scanner Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Latvia Vehicle Scanner Market Revenues & Volume, By Camera, 2021-2031F |
6.3.3 Latvia Vehicle Scanner Market Revenues & Volume, By Lighting unit, 2021-2031F |
6.3.4 Latvia Vehicle Scanner Market Revenues & Volume, By Barriers, 2021-2031F |
6.3.5 Latvia Vehicle Scanner Market Revenues & Volume, By Software, 2021-2031F |
6.3.6 Latvia Vehicle Scanner Market Revenues & Volume, By Others, 2021-2031F |
6.4 Latvia Vehicle Scanner Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Vehicle Scanner Market Revenues & Volume, By Government/Critical infrastructure protection, 2021-2031F |
6.4.3 Latvia Vehicle Scanner Market Revenues & Volume, By Private/Commercial facilities, 2021-2031F |
6.5 Latvia Vehicle Scanner Market, By Technology |
6.5.1 Overview and Analysis |
6.5.2 Latvia Vehicle Scanner Market Revenues & Volume, By Sensing, 2021-2031F |
6.5.3 Latvia Vehicle Scanner Market Revenues & Volume, By Illuminating, 2021-2031F |
6.5.4 Latvia Vehicle Scanner Market Revenues & Volume, By Scanning, 2021-2031F |
6.5.5 Latvia Vehicle Scanner Market Revenues & Volume, By Imaging, 2021-2031F |
6.5.6 Latvia Vehicle Scanner Market Revenues & Volume, By Processing, 2021-2031F |
7 Latvia Vehicle Scanner Market Import-Export Trade Statistics |
7.1 Latvia Vehicle Scanner Market Export to Major Countries |
7.2 Latvia Vehicle Scanner Market Imports from Major Countries |
8 Latvia Vehicle Scanner Market Key Performance Indicators |
8.1 Average processing time per vehicle at scanning checkpoints |
8.2 Number of successful detections of prohibited items or substances |
8.3 Percentage of increase in government spending on border security technologies |
9 Latvia Vehicle Scanner Market - Opportunity Assessment |
9.1 Latvia Vehicle Scanner Market Opportunity Assessment, By Scanner Type, 2021 & 2031F |
9.2 Latvia Vehicle Scanner Market Opportunity Assessment, By Structure Type, 2021 & 2031F |
9.3 Latvia Vehicle Scanner Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 Latvia Vehicle Scanner Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Latvia Vehicle Scanner Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Latvia Vehicle Scanner Market - Competitive Landscape |
10.1 Latvia Vehicle Scanner Market Revenue Share, By Companies, 2024 |
10.2 Latvia Vehicle Scanner Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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