| Product Code: ETC7924615 | 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 shipments of welding fume extraction equipment in 2024 were mainly sourced from key European countries such as the Netherlands, Germany, Poland, Lithuania, and Austria. The market showed low concentration with a Herfindahl-Hirschman Index (HHI) in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was 1.91%, indicating steady growth, while the growth rate from 2023 to 2024 surged to 9.11%, showcasing an accelerating demand for welding fume extraction equipment in Latvia. This trend suggests a promising outlook for the industry 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 Welding Fume Extraction Equipment Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Welding Fume Extraction Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Welding Fume Extraction Equipment Market - Industry Life Cycle |
3.4 Latvia Welding Fume Extraction Equipment Market - Porter's Five Forces |
3.5 Latvia Welding Fume Extraction Equipment Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Welding Fume Extraction Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Welding Fume Extraction Equipment Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Latvia Welding Fume Extraction Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Stringent regulations and enforcement of workplace safety standards in Latvia |
4.2.2 Increasing awareness about the health hazards associated with welding fumes |
4.2.3 Growth in the manufacturing and construction industries in Latvia |
4.3 Market Restraints |
4.3.1 High initial investment cost for welding fume extraction equipment |
4.3.2 Lack of skilled workforce to operate and maintain the equipment effectively |
4.3.3 Economic downturn impacting the overall demand for welding fume extraction equipment |
5 Latvia Welding Fume Extraction Equipment Market Trends |
6 Latvia Welding Fume Extraction Equipment Market, By Types |
6.1 Latvia Welding Fume Extraction Equipment Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Welding Fume Extraction Equipment Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Welding Fume Extraction Equipment Market Revenues & Volume, By Mobile Units, 2021- 2031F |
6.1.4 Latvia Welding Fume Extraction Equipment Market Revenues & Volume, By Stationary Units, 2021- 2031F |
6.1.5 Latvia Welding Fume Extraction Equipment Market Revenues & Volume, By Large Centralized Systems, 2021- 2031F |
6.2 Latvia Welding Fume Extraction Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Welding Fume Extraction Equipment Market Revenues & Volume, By Arc Welding, 2021- 2031F |
6.2.3 Latvia Welding Fume Extraction Equipment Market Revenues & Volume, By Resistance Welding, 2021- 2031F |
6.2.4 Latvia Welding Fume Extraction Equipment Market Revenues & Volume, By Laser Beam Welding, 2021- 2031F |
6.2.5 Latvia Welding Fume Extraction Equipment Market Revenues & Volume, By Oxy-fuel Welding, 2021- 2031F |
6.3 Latvia Welding Fume Extraction Equipment Market, By Industry |
6.3.1 Overview and Analysis |
6.3.2 Latvia Welding Fume Extraction Equipment Market Revenues & Volume, By Aerospace, 2021- 2031F |
6.3.3 Latvia Welding Fume Extraction Equipment Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.4 Latvia Welding Fume Extraction Equipment Market Revenues & Volume, By Building & Construction, 2021- 2031F |
6.3.5 Latvia Welding Fume Extraction Equipment Market Revenues & Volume, By Energy, 2021- 2031F |
6.3.6 Latvia Welding Fume Extraction Equipment Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.3.7 Latvia Welding Fume Extraction Equipment Market Revenues & Volume, By Marine, 2021- 2031F |
7 Latvia Welding Fume Extraction Equipment Market Import-Export Trade Statistics |
7.1 Latvia Welding Fume Extraction Equipment Market Export to Major Countries |
7.2 Latvia Welding Fume Extraction Equipment Market Imports from Major Countries |
8 Latvia Welding Fume Extraction Equipment Market Key Performance Indicators |
8.1 Percentage of companies in Latvia compliant with welding fume extraction regulations |
8.2 Number of training programs conducted on welding fume extraction equipment maintenance and usage |
8.3 Growth in the number of welding processes adopted in the manufacturing and construction sectors in Latvia. |
9 Latvia Welding Fume Extraction Equipment Market - Opportunity Assessment |
9.1 Latvia Welding Fume Extraction Equipment Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Welding Fume Extraction Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Welding Fume Extraction Equipment Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Latvia Welding Fume Extraction Equipment Market - Competitive Landscape |
10.1 Latvia Welding Fume Extraction Equipment Market Revenue Share, By Companies, 2024 |
10.2 Latvia Welding Fume Extraction Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |