| Product Code: ETC7924818 | 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 |
The Latvia wiring device manufacturing import shipments in 2024 showcased a diverse range of top exporting countries, including Metropolitan France, Germany, Poland, Lithuania, and Denmark. The market concentration, as measured by the HHI, decreased from moderate to low in 2024, indicating a more competitive landscape. With a healthy compound annual growth rate (CAGR) of 4.05% from 2020 to 2024 and a notable growth rate of 6.31% from 2023 to 2024, the sector appears to be experiencing steady expansion and attracting a variety of international suppliers.

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 Wiring Device Manufacturing Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Wiring Device Manufacturing Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Wiring Device Manufacturing Market - Industry Life Cycle |
3.4 Latvia Wiring Device Manufacturing Market - Porter's Five Forces |
3.5 Latvia Wiring Device Manufacturing Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Wiring Device Manufacturing Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.7 Latvia Wiring Device Manufacturing Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.8 Latvia Wiring Device Manufacturing Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Latvia Wiring Device Manufacturing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for smart homes and smart buildings |
4.2.2 Growing investments in infrastructure development projects |
4.2.3 Technological advancements in wiring devices leading to enhanced efficiency and safety |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs |
4.3.2 Intense competition from international wiring device manufacturers |
4.3.3 Regulatory challenges and compliance requirements in the industry |
5 Latvia Wiring Device Manufacturing Market Trends |
6 Latvia Wiring Device Manufacturing Market, By Types |
6.1 Latvia Wiring Device Manufacturing Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Wiring Device Manufacturing Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Wiring Device Manufacturing Market Revenues & Volume, By Receptacles, 2021- 2031F |
6.1.4 Latvia Wiring Device Manufacturing Market Revenues & Volume, By Wire Connectors, 2021- 2031F |
6.1.5 Latvia Wiring Device Manufacturing Market Revenues & Volume, By Metal Contacts, 2021- 2031F |
6.1.6 Latvia Wiring Device Manufacturing Market Revenues & Volume, By Light Dimmer, 2021- 2031F |
6.1.7 Latvia Wiring Device Manufacturing Market Revenues & Volume, By Lamp Holders, 2021- 2031F |
6.1.8 Latvia Wiring Device Manufacturing Market Revenues & Volume, By Electric Switches, 2021- 2031F |
6.2 Latvia Wiring Device Manufacturing Market, By Voltage |
6.2.1 Overview and Analysis |
6.2.2 Latvia Wiring Device Manufacturing Market Revenues & Volume, By Low Voltage, 2021- 2031F |
6.2.3 Latvia Wiring Device Manufacturing Market Revenues & Volume, By Medium Voltage, 2021- 2031F |
6.2.4 Latvia Wiring Device Manufacturing Market Revenues & Volume, By High Voltage, 2021- 2031F |
6.3 Latvia Wiring Device Manufacturing Market, By Installation |
6.3.1 Overview and Analysis |
6.3.2 Latvia Wiring Device Manufacturing Market Revenues & Volume, By Overhead, 2021- 2031F |
6.3.3 Latvia Wiring Device Manufacturing Market Revenues & Volume, By Underground, 2021- 2031F |
6.4 Latvia Wiring Device Manufacturing Market, By End-User |
6.4.1 Overview and Analysis |
6.4.2 Latvia Wiring Device Manufacturing Market Revenues & Volume, By Aerospace and Defense, 2021- 2031F |
6.4.3 Latvia Wiring Device Manufacturing Market Revenues & Volume, By Automotive, 2021- 2031F |
6.4.4 Latvia Wiring Device Manufacturing Market Revenues & Volume, By Building and Construction, 2021- 2031F |
6.4.5 Latvia Wiring Device Manufacturing Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Wiring Device Manufacturing Market Import-Export Trade Statistics |
7.1 Latvia Wiring Device Manufacturing Market Export to Major Countries |
7.2 Latvia Wiring Device Manufacturing Market Imports from Major Countries |
8 Latvia Wiring Device Manufacturing Market Key Performance Indicators |
8.1 Percentage of revenue invested in research and development for new wiring device technologies |
8.2 Number of patents filed for innovative wiring device designs |
8.3 Employee training hours dedicated to enhancing manufacturing processes and quality control |
8.4 Rate of adoption of smart wiring devices in residential and commercial projects |
9 Latvia Wiring Device Manufacturing Market - Opportunity Assessment |
9.1 Latvia Wiring Device Manufacturing Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Wiring Device Manufacturing Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.3 Latvia Wiring Device Manufacturing Market Opportunity Assessment, By Installation, 2021 & 2031F |
9.4 Latvia Wiring Device Manufacturing Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Latvia Wiring Device Manufacturing Market - Competitive Landscape |
10.1 Latvia Wiring Device Manufacturing Market Revenue Share, By Companies, 2024 |
10.2 Latvia Wiring Device Manufacturing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |