| Product Code: ETC5845518 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Latvia`s import of weapon mounts in 2024 saw significant contributions from Lithuania, Poland, Sweden, Germany, and China. Despite the presence of multiple exporting countries, the Herfindahl-Hirschman Index (HHI) indicated low market concentration. The compound annual growth rate (CAGR) from 2020 to 2024 was a healthy 4.75%, although there was a slight decline with a growth rate of -10.21% from 2023 to 2024. This data suggests a relatively stable and diverse market for weapon mounts in Latvia with room for potential growth and market 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 Weapon Mounts Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Weapon Mounts Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Weapon Mounts Market - Industry Life Cycle | 
| 3.4 Latvia Weapon Mounts Market - Porter's Five Forces | 
| 3.5 Latvia Weapon Mounts Market Revenues & Volume Share, By Mount Type, 2021 & 2031F | 
| 3.6 Latvia Weapon Mounts Market Revenues & Volume Share, By Platform, 2021 & 2031F | 
| 3.7 Latvia Weapon Mounts Market Revenues & Volume Share, By Weapon Compatibility, 2021 & 2031F | 
| 3.8 Latvia Weapon Mounts Market Revenues & Volume Share, By Mode of Operation, 2021 & 2031F | 
| 4 Latvia Weapon Mounts Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing defense budget of Latvia government | 
| 4.2.2 Rising demand for advanced weapon systems in the military sector | 
| 4.2.3 Growing focus on enhancing national security and defense capabilities | 
| 4.3 Market Restraints | 
| 4.3.1 Stringent regulations and export controls on weapon mounts | 
| 4.3.2 High costs associated with the development and procurement of weapon mounts | 
| 4.3.3 Limited technological expertise and infrastructure in the domestic market | 
| 5 Latvia Weapon Mounts Market Trends | 
| 6 Latvia Weapon Mounts Market Segmentations | 
| 6.1 Latvia Weapon Mounts Market, By Mount Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Weapon Mounts Market Revenues & Volume, By Static Mounts, 2021-2031F | 
| 6.1.3 Latvia Weapon Mounts Market Revenues & Volume, By Non-static Mounts, 2021-2031F | 
| 6.2 Latvia Weapon Mounts Market, By Platform | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Weapon Mounts Market Revenues & Volume, By Ground, 2021-2031F | 
| 6.2.3 Latvia Weapon Mounts Market Revenues & Volume, By Naval, 2021-2031F | 
| 6.2.4 Latvia Weapon Mounts Market Revenues & Volume, By Airborne, 2021-2031F | 
| 6.3 Latvia Weapon Mounts Market, By Weapon Compatibility | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Latvia Weapon Mounts Market Revenues & Volume, By Machine guns, 2021-2031F | 
| 6.3.3 Latvia Weapon Mounts Market Revenues & Volume, By Automatic canons, 2021-2031F | 
| 6.3.4 Latvia Weapon Mounts Market Revenues & Volume, By Automatic rifles, 2021-2031F | 
| 6.3.5 Latvia Weapon Mounts Market Revenues & Volume, By Gatling guns, 2021-2031F | 
| 6.3.6 Latvia Weapon Mounts Market Revenues & Volume, By Sniper rifles, 2021-2031F | 
| 6.4 Latvia Weapon Mounts Market, By Mode of Operation | 
| 6.4.1 Overview and Analysis | 
| 6.4.2 Latvia Weapon Mounts Market Revenues & Volume, By Manned, 2021-2031F | 
| 6.4.3 Latvia Weapon Mounts Market Revenues & Volume, By Remotely Operated, 2021-2031F | 
| 7 Latvia Weapon Mounts Market Import-Export Trade Statistics | 
| 7.1 Latvia Weapon Mounts Market Export to Major Countries | 
| 7.2 Latvia Weapon Mounts Market Imports from Major Countries | 
| 8 Latvia Weapon Mounts Market Key Performance Indicators | 
| 8.1 Research and development investment in weapon mount technologies | 
| 8.2 Number of contracts awarded for weapon mount systems | 
| 8.3 Adoption rate of advanced weapon mount solutions in the Latvian defense sector | 
| 9 Latvia Weapon Mounts Market - Opportunity Assessment | 
| 9.1 Latvia Weapon Mounts Market Opportunity Assessment, By Mount Type, 2021 & 2031F | 
| 9.2 Latvia Weapon Mounts Market Opportunity Assessment, By Platform, 2021 & 2031F | 
| 9.3 Latvia Weapon Mounts Market Opportunity Assessment, By Weapon Compatibility, 2021 & 2031F | 
| 9.4 Latvia Weapon Mounts Market Opportunity Assessment, By Mode of Operation, 2021 & 2031F | 
| 10 Latvia Weapon Mounts Market - Competitive Landscape | 
| 10.1 Latvia Weapon Mounts Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Weapon Mounts Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 13 Disclaimer |