| Product Code: ETC7924029 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Latvia market for vehicles for disabled individuals has shown significant changes in import trends in 2024, with top exporting countries being Sweden, Germany, Lithuania, USA, and India. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), decreased from moderate to low concentration, indicating a more competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a promising 11.55%, although there was a slight decline in growth rate from 2023 to 2024 at -15.89%. These insights suggest a dynamic and evolving market for vehicles catering to disabled individuals 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 Vehicles for Disabled Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Vehicles for Disabled Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Vehicles for Disabled Market - Industry Life Cycle |
3.4 Latvia Vehicles for Disabled Market - Porter's Five Forces |
3.5 Latvia Vehicles for Disabled Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Vehicles for Disabled Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Vehicles for Disabled Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and focus on accessibility and inclusivity in Latvia |
4.2.2 Government initiatives and regulations supporting the rights and mobility of disabled individuals |
4.2.3 Technological advancements leading to more innovative and user-friendly vehicles for disabled individuals |
4.3 Market Restraints |
4.3.1 High costs associated with specialized vehicles and modifications for disabled individuals |
4.3.2 Limited availability of financing options for purchasing vehicles for disabled individuals |
4.3.3 Lack of infrastructure and facilities catering to the needs of disabled drivers and passengers in Latvia |
5 Latvia Vehicles for Disabled Market Trends |
6 Latvia Vehicles for Disabled Market, By Types |
6.1 Latvia Vehicles for Disabled Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Vehicles for Disabled Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Vehicles for Disabled Market Revenues & Volume, By Adaptive Four-Wheeler, 2021- 2031F |
6.1.4 Latvia Vehicles for Disabled Market Revenues & Volume, By Mobility Scooter, 2021- 2031F |
6.2 Latvia Vehicles for Disabled Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Vehicles for Disabled Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.2.3 Latvia Vehicles for Disabled Market Revenues & Volume, By Home Care Settings, 2021- 2031F |
6.2.4 Latvia Vehicles for Disabled Market Revenues & Volume, By Elderly Care Facilities, 2021- 2031F |
7 Latvia Vehicles for Disabled Market Import-Export Trade Statistics |
7.1 Latvia Vehicles for Disabled Market Export to Major Countries |
7.2 Latvia Vehicles for Disabled Market Imports from Major Countries |
8 Latvia Vehicles for Disabled Market Key Performance Indicators |
8.1 Number of new accessibility-friendly infrastructure projects implemented |
8.2 Percentage of government budget allocated to disability-friendly transportation initiatives |
8.3 Adoption rate of new assistive technologies in vehicles for disabled individuals |
9 Latvia Vehicles for Disabled Market - Opportunity Assessment |
9.1 Latvia Vehicles for Disabled Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Vehicles for Disabled Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Vehicles for Disabled Market - Competitive Landscape |
10.1 Latvia Vehicles for Disabled Market Revenue Share, By Companies, 2024 |
10.2 Latvia Vehicles for Disabled Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |