Latvia Wind Turbine Rotor Blade Market (2025-2031) | Share, Outlook, Trends, Value, Competitive Landscape, Growth, Size & Revenue, Segmentation, Companies, Forecast, Analysis, Industry

Market Forecast By Blade Material (Carbon Fiber, Glass Fiber, Other), By Location (Onshore, Offshore) And Competitive Landscape
Product Code: ETC7924730 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 Wind Turbine Rotor Blade Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s wind turbine rotor blade import shipments in 2024 were primarily sourced from key exporting countries such as China, Sweden, Finland, Italy, and Germany. Despite a moderate concentration in market share, the industry experienced a decline in growth with a negative Compound Annual Growth Rate (CAGR) of -1.14% from 2020 to 2024. Moreover, the growth rate from 2023 to 2024 showed a significant decrease of -17.4%, indicating a challenging year for the sector. The market dynamics and competitive landscape will be crucial factors to monitor for future developments in the Latvian wind energy market.

Latvia Wind Turbine Rotor Blade Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia Wind Turbine Rotor Blade Market Outlook
  • Market Size of Latvia Wind Turbine Rotor Blade Market, 2024
  • Forecast of Latvia Wind Turbine Rotor Blade Market, 2031
  • Historical Data and Forecast of Latvia Wind Turbine Rotor Blade Revenues & Volume for the Period 2021- 2031
  • Latvia Wind Turbine Rotor Blade Market Trend Evolution
  • Latvia Wind Turbine Rotor Blade Market Drivers and Challenges
  • Latvia Wind Turbine Rotor Blade Price Trends
  • Latvia Wind Turbine Rotor Blade Porter's Five Forces
  • Latvia Wind Turbine Rotor Blade Industry Life Cycle
  • Historical Data and Forecast of Latvia Wind Turbine Rotor Blade Market Revenues & Volume By Blade Material for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Wind Turbine Rotor Blade Market Revenues & Volume By Carbon Fiber for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Wind Turbine Rotor Blade Market Revenues & Volume By Glass Fiber for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Wind Turbine Rotor Blade Market Revenues & Volume By Other for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Wind Turbine Rotor Blade Market Revenues & Volume By Location for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Wind Turbine Rotor Blade Market Revenues & Volume By Onshore for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Wind Turbine Rotor Blade Market Revenues & Volume By Offshore for the Period 2021- 2031
  • Latvia Wind Turbine Rotor Blade Import Export Trade Statistics
  • Market Opportunity Assessment By Blade Material
  • Market Opportunity Assessment By Location
  • Latvia Wind Turbine Rotor Blade Top Companies Market Share
  • Latvia Wind Turbine Rotor Blade Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Wind Turbine Rotor Blade Company Profiles
  • Latvia Wind Turbine Rotor Blade Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Wind Turbine Rotor Blade Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Wind Turbine Rotor Blade Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Wind Turbine Rotor Blade Market - Industry Life Cycle

3.4 Latvia Wind Turbine Rotor Blade Market - Porter's Five Forces

3.5 Latvia Wind Turbine Rotor Blade Market Revenues & Volume Share, By Blade Material, 2021 & 2031F

3.6 Latvia Wind Turbine Rotor Blade Market Revenues & Volume Share, By Location, 2021 & 2031F

4 Latvia Wind Turbine Rotor Blade Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing government support and incentives for renewable energy projects in Latvia

4.2.2 Growing focus on reducing carbon footprint and meeting sustainability goals

4.2.3 Technological advancements leading to more efficient and cost-effective rotor blade designs

4.3 Market Restraints

4.3.1 High initial investment costs associated with wind turbine projects

4.3.2 Dependence on weather conditions for optimal wind energy generation

4.3.3 Limited availability of suitable land for wind farm installations in Latvia

5 Latvia Wind Turbine Rotor Blade Market Trends

6 Latvia Wind Turbine Rotor Blade Market, By Types

6.1 Latvia Wind Turbine Rotor Blade Market, By Blade Material

6.1.1 Overview and Analysis

6.1.2 Latvia Wind Turbine Rotor Blade Market Revenues & Volume, By Blade Material, 2021- 2031F

6.1.3 Latvia Wind Turbine Rotor Blade Market Revenues & Volume, By Carbon Fiber, 2021- 2031F

6.1.4 Latvia Wind Turbine Rotor Blade Market Revenues & Volume, By Glass Fiber, 2021- 2031F

6.1.5 Latvia Wind Turbine Rotor Blade Market Revenues & Volume, By Other, 2021- 2031F

6.2 Latvia Wind Turbine Rotor Blade Market, By Location

6.2.1 Overview and Analysis

6.2.2 Latvia Wind Turbine Rotor Blade Market Revenues & Volume, By Onshore, 2021- 2031F

6.2.3 Latvia Wind Turbine Rotor Blade Market Revenues & Volume, By Offshore, 2021- 2031F

7 Latvia Wind Turbine Rotor Blade Market Import-Export Trade Statistics

7.1 Latvia Wind Turbine Rotor Blade Market Export to Major Countries

7.2 Latvia Wind Turbine Rotor Blade Market Imports from Major Countries

8 Latvia Wind Turbine Rotor Blade Market Key Performance Indicators

8.1 Average capacity factor of wind turbines in Latvia

8.2 Average age of wind turbine rotor blades in operation

8.3 Percentage of energy generated from wind power in Latvia compared to total energy consumption

9 Latvia Wind Turbine Rotor Blade Market - Opportunity Assessment

9.1 Latvia Wind Turbine Rotor Blade Market Opportunity Assessment, By Blade Material, 2021 & 2031F

9.2 Latvia Wind Turbine Rotor Blade Market Opportunity Assessment, By Location, 2021 & 2031F

10 Latvia Wind Turbine Rotor Blade Market - Competitive Landscape

10.1 Latvia Wind Turbine Rotor Blade Market Revenue Share, By Companies, 2024

10.2 Latvia Wind Turbine Rotor Blade Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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