| Product Code: ETC11296693 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The Latvia waste heat recovery import market experienced significant growth in 2024, with top exporting countries including Italy, Germany, Sweden, UK, and Lithuania. The market concentration, as measured by the HHI, shifted from low to high in 2024, indicating increased competition among suppliers. The impressive CAGR of 11.39% from 2020 to 2024 and a notable growth rate of 39.47% from 2023 to 2024 demonstrate a thriving market with strong potential for further expansion in the coming years.
| 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 Waste Heat Recovery Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Waste Heat Recovery Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Waste Heat Recovery Market - Industry Life Cycle | 
| 3.4 Latvia Waste Heat Recovery Market - Porter's Five Forces | 
| 3.5 Latvia Waste Heat Recovery Market Revenues & Volume Share, By Source Type, 2021 & 2031F | 
| 3.6 Latvia Waste Heat Recovery Market Revenues & Volume Share, By Technology Used, 2021 & 2031F | 
| 3.7 Latvia Waste Heat Recovery Market Revenues & Volume Share, By End User, 2021 & 2031F | 
| 3.8 Latvia Waste Heat Recovery Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 4 Latvia Waste Heat Recovery Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing focus on sustainability and energy efficiency in Latvia | 
| 4.2.2 Rising energy costs and the need to reduce operational expenses | 
| 4.2.3 Government regulations promoting the adoption of waste heat recovery systems | 
| 4.3 Market Restraints | 
| 4.3.1 High initial investment costs for implementing waste heat recovery systems | 
| 4.3.2 Lack of awareness and understanding of waste heat recovery technologies | 
| 4.3.3 Limited availability of skilled workforce in the waste heat recovery sector | 
| 5 Latvia Waste Heat Recovery Market Trends | 
| 6 Latvia Waste Heat Recovery Market, By Types | 
| 6.1 Latvia Waste Heat Recovery Market, By Source Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Waste Heat Recovery Market Revenues & Volume, By Source Type, 2021 - 2031F | 
| 6.1.3 Latvia Waste Heat Recovery Market Revenues & Volume, By Industrial Waste Heat, 2021 - 2031F | 
| 6.1.4 Latvia Waste Heat Recovery Market Revenues & Volume, By Exhaust Gas, 2021 - 2031F | 
| 6.1.5 Latvia Waste Heat Recovery Market Revenues & Volume, By Steam, 2021 - 2031F | 
| 6.1.6 Latvia Waste Heat Recovery Market Revenues & Volume, By Cooling Water, 2021 - 2031F | 
| 6.1.7 Latvia Waste Heat Recovery Market Revenues & Volume, By Flue Gas, 2021 - 2031F | 
| 6.2 Latvia Waste Heat Recovery Market, By Technology Used | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Waste Heat Recovery Market Revenues & Volume, By Regenerative Heat Exchangers, 2021 - 2031F | 
| 6.2.3 Latvia Waste Heat Recovery Market Revenues & Volume, By Organic Rankine Cycle, 2021 - 2031F | 
| 6.2.4 Latvia Waste Heat Recovery Market Revenues & Volume, By Thermoelectric Generation, 2021 - 2031F | 
| 6.2.5 Latvia Waste Heat Recovery Market Revenues & Volume, By Heat Pumps, 2021 - 2031F | 
| 6.2.6 Latvia Waste Heat Recovery Market Revenues & Volume, By Waste Heat Boilers, 2021 - 2031F | 
| 6.3 Latvia Waste Heat Recovery Market, By End User | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Latvia Waste Heat Recovery Market Revenues & Volume, By Power Plants, 2021 - 2031F | 
| 6.3.3 Latvia Waste Heat Recovery Market Revenues & Volume, By Manufacturing, 2021 - 2031F | 
| 6.3.4 Latvia Waste Heat Recovery Market Revenues & Volume, By Refineries, 2021 - 2031F | 
| 6.3.5 Latvia Waste Heat Recovery Market Revenues & Volume, By Chemical Plants, 2021 - 2031F | 
| 6.3.6 Latvia Waste Heat Recovery Market Revenues & Volume, By Steel Industry, 2021 - 2031F | 
| 6.4 Latvia Waste Heat Recovery Market, By Application | 
| 6.4.1 Overview and Analysis | 
| 6.4.2 Latvia Waste Heat Recovery Market Revenues & Volume, By Energy Generation, 2021 - 2031F | 
| 6.4.3 Latvia Waste Heat Recovery Market Revenues & Volume, By Process Optimization, 2021 - 2031F | 
| 6.4.4 Latvia Waste Heat Recovery Market Revenues & Volume, By Fuel Efficiency, 2021 - 2031F | 
| 6.4.5 Latvia Waste Heat Recovery Market Revenues & Volume, By Heat Reutilization, 2021 - 2031F | 
| 6.4.6 Latvia Waste Heat Recovery Market Revenues & Volume, By Carbon Emission Reduction, 2021 - 2031F | 
| 7 Latvia Waste Heat Recovery Market Import-Export Trade Statistics | 
| 7.1 Latvia Waste Heat Recovery Market Export to Major Countries | 
| 7.2 Latvia Waste Heat Recovery Market Imports from Major Countries | 
| 8 Latvia Waste Heat Recovery Market Key Performance Indicators | 
| 8.1 Energy savings achieved through waste heat recovery systems | 
| 8.2 Reduction in greenhouse gas emissions | 
| 8.3 Number of waste heat recovery projects initiated in Latvia | 
| 8.4 Increase in the adoption rate of waste heat recovery technologies | 
| 8.5 Improvement in overall energy efficiency of industries implementing waste heat recovery systems | 
| 9 Latvia Waste Heat Recovery Market - Opportunity Assessment | 
| 9.1 Latvia Waste Heat Recovery Market Opportunity Assessment, By Source Type, 2021 & 2031F | 
| 9.2 Latvia Waste Heat Recovery Market Opportunity Assessment, By Technology Used, 2021 & 2031F | 
| 9.3 Latvia Waste Heat Recovery Market Opportunity Assessment, By End User, 2021 & 2031F | 
| 9.4 Latvia Waste Heat Recovery Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 10 Latvia Waste Heat Recovery Market - Competitive Landscape | 
| 10.1 Latvia Waste Heat Recovery Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Waste Heat Recovery Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 
| 13 Disclaimer |