| Product Code: ETC7908405 | 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 consumer electronic sensors import market in Latvia saw a shift in top exporting countries in 2024, with Denmark, Poland, Germany, China, and Sweden leading the pack. Despite a decrease in growth rate from 2023 to 2024, the market maintained low concentration levels, indicating a diverse range of suppliers. With a modest CAGR of 1.33% from 2020 to 2024, the market shows steady growth potential. This market trend suggests a competitive landscape with opportunities for businesses to explore partnerships and innovations in the consumer electronic sensors sector in Latvia.

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 Consumer Electronic Sensors Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Consumer Electronic Sensors Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Consumer Electronic Sensors Market - Industry Life Cycle |
3.4 Latvia Consumer Electronic Sensors Market - Porter's Five Forces |
3.5 Latvia Consumer Electronic Sensors Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Consumer Electronic Sensors Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Consumer Electronic Sensors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for smart devices and wearables |
4.2.2 Technological advancements in sensor technology |
4.2.3 Growing adoption of Internet of Things (IoT) devices in the consumer electronics sector |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing sensor technology |
4.3.2 Data security and privacy concerns |
4.3.3 Limited awareness and understanding of sensor technology among consumers |
5 Latvia Consumer Electronic Sensors Market Trends |
6 Latvia Consumer Electronic Sensors Market, By Types |
6.1 Latvia Consumer Electronic Sensors Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Consumer Electronic Sensors Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Consumer Electronic Sensors Market Revenues & Volume, By Image Sensors, 2021- 2031F |
6.1.4 Latvia Consumer Electronic Sensors Market Revenues & Volume, By Motion Sensors, 2021- 2031F |
6.1.5 Latvia Consumer Electronic Sensors Market Revenues & Volume, By Temperature Sensors, 2021- 2031F |
6.1.6 Latvia Consumer Electronic Sensors Market Revenues & Volume, By Pressure Sensors, 2021- 2031F |
6.1.7 Latvia Consumer Electronic Sensors Market Revenues & Volume, By Touch Sensors, 2021- 2031F |
6.1.8 Latvia Consumer Electronic Sensors Market Revenues & Volume, By Position Sensors, 2021- 2031F |
6.2 Latvia Consumer Electronic Sensors Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Consumer Electronic Sensors Market Revenues & Volume, By Communication, 2021- 2031F |
6.2.3 Latvia Consumer Electronic Sensors Market Revenues & Volume, By Entertainment, 2021- 2031F |
6.2.4 Latvia Consumer Electronic Sensors Market Revenues & Volume, By Home appliances, 2021- 2031F |
6.2.5 Latvia Consumer Electronic Sensors Market Revenues & Volume, By IT, 2021- 2031F |
6.2.6 Latvia Consumer Electronic Sensors Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Consumer Electronic Sensors Market Import-Export Trade Statistics |
7.1 Latvia Consumer Electronic Sensors Market Export to Major Countries |
7.2 Latvia Consumer Electronic Sensors Market Imports from Major Countries |
8 Latvia Consumer Electronic Sensors Market Key Performance Indicators |
8.1 Average selling price (ASP) of consumer electronic sensors |
8.2 Number of new product launches incorporating sensor technology |
8.3 Adoption rate of IoT devices in consumer electronics sector |
8.4 Research and development (RD) investment in sensor technology |
8.5 Number of partnerships or collaborations between sensor manufacturers and consumer electronics companies |
9 Latvia Consumer Electronic Sensors Market - Opportunity Assessment |
9.1 Latvia Consumer Electronic Sensors Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Consumer Electronic Sensors Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Consumer Electronic Sensors Market - Competitive Landscape |
10.1 Latvia Consumer Electronic Sensors Market Revenue Share, By Companies, 2024 |
10.2 Latvia Consumer Electronic Sensors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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