| Product Code: ETC7924696 | 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 |
In 2024, Latvia saw a significant increase in wide band gap semiconductor import shipments, with top countries like Slovakia, Germany, USA, China, and Lithuania leading the way. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the compound annual growth rate (CAGR) from 2020 to 2024 stood at a steady 3.2%. Notably, the impressive growth rate of 28.59% from 2023 to 2024 suggests a burgeoning demand for these advanced semiconductors in Latvia`s market, reflecting a positive trend for the industry in the country.
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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 Wide Band Gap Semiconductor Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Wide Band Gap Semiconductor Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Wide Band Gap Semiconductor Market - Industry Life Cycle |
3.4 Latvia Wide Band Gap Semiconductor Market - Porter's Five Forces |
3.5 Latvia Wide Band Gap Semiconductor Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Wide Band Gap Semiconductor Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Wide Band Gap Semiconductor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient electronics and power devices |
4.2.2 Government initiatives and investments in the semiconductor industry |
4.2.3 Growing adoption of electric vehicles and renewable energy technologies |
4.3 Market Restraints |
4.3.1 High initial investment and production costs |
4.3.2 Limited availability of skilled workforce in the field of wide band gap semiconductors |
4.3.3 Technological complexities and challenges in manufacturing processes |
5 Latvia Wide Band Gap Semiconductor Market Trends |
6 Latvia Wide Band Gap Semiconductor Market, By Types |
6.1 Latvia Wide Band Gap Semiconductor Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Wide Band Gap Semiconductor Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Wide Band Gap Semiconductor Market Revenues & Volume, By Silicon Carbide (SiC), 2021- 2031F |
6.1.4 Latvia Wide Band Gap Semiconductor Market Revenues & Volume, By Gallium Nitride (GaN), 2021- 2031F |
6.2 Latvia Wide Band Gap Semiconductor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Wide Band Gap Semiconductor Market Revenues & Volume, By Aerospace and Defense, 2021- 2031F |
6.2.3 Latvia Wide Band Gap Semiconductor Market Revenues & Volume, By IT and Consumers, 2021- 2031F |
6.2.4 Latvia Wide Band Gap Semiconductor Market Revenues & Volume, By Energy and Utility, 2021- 2031F |
6.2.5 Latvia Wide Band Gap Semiconductor Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Wide Band Gap Semiconductor Market Import-Export Trade Statistics |
7.1 Latvia Wide Band Gap Semiconductor Market Export to Major Countries |
7.2 Latvia Wide Band Gap Semiconductor Market Imports from Major Countries |
8 Latvia Wide Band Gap Semiconductor Market Key Performance Indicators |
8.1 Research and development investment in wide band gap semiconductor technology |
8.2 Number of patents filed for wide band gap semiconductor innovations |
8.3 Adoption rate of wide band gap semiconductor devices in key industries |
9 Latvia Wide Band Gap Semiconductor Market - Opportunity Assessment |
9.1 Latvia Wide Band Gap Semiconductor Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Wide Band Gap Semiconductor Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Wide Band Gap Semiconductor Market - Competitive Landscape |
10.1 Latvia Wide Band Gap Semiconductor Market Revenue Share, By Companies, 2024 |
10.2 Latvia Wide Band Gap Semiconductor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |