| Product Code: ETC7914483 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s liquid crystal display (LCD) import shipments in 2024 continued to be dominated by key exporters such as China, Poland, Slovakia, Lithuania, and the Netherlands. With a moderate concentration level indicated by the Herfindahl-Hirschman Index (HHI), the market remains competitive. The impressive compound annual growth rate (CAGR) of 16.91% from 2020 to 2024 showcases a thriving industry. Additionally, the growth rate of 7.44% from 2023 to 2024 indicates sustained momentum in the import of LCDs, highlighting a positive outlook for the market 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 Liquid Crystal Display (LCD) Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Liquid Crystal Display (LCD) Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Liquid Crystal Display (LCD) Market - Industry Life Cycle |
3.4 Latvia Liquid Crystal Display (LCD) Market - Porter's Five Forces |
3.5 Latvia Liquid Crystal Display (LCD) Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Liquid Crystal Display (LCD) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Liquid Crystal Display (LCD) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-quality display technology in consumer electronics |
4.2.2 Growing adoption of LCD displays in automotive applications |
4.2.3 Technological advancements leading to improved performance and energy efficiency |
4.3 Market Restraints |
4.3.1 Intense competition from other display technologies such as OLED |
4.3.2 Fluctuations in raw material prices impacting manufacturing costs |
5 Latvia Liquid Crystal Display (LCD) Market Trends |
6 Latvia Liquid Crystal Display (LCD) Market, By Types |
6.1 Latvia Liquid Crystal Display (LCD) Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Liquid Crystal Display (LCD) Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Liquid Crystal Display (LCD) Market Revenues & Volume, By LCD Character Drivers, 2021- 2031F |
6.1.4 Latvia Liquid Crystal Display (LCD) Market Revenues & Volume, By LCD Graphic Drivers, 2021- 2031F |
6.1.5 Latvia Liquid Crystal Display (LCD) Market Revenues & Volume, By LCC Segment Drivers, 2021- 2031F |
6.2 Latvia Liquid Crystal Display (LCD) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Liquid Crystal Display (LCD) Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 Latvia Liquid Crystal Display (LCD) Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.4 Latvia Liquid Crystal Display (LCD) Market Revenues & Volume, By Medical, 2021- 2031F |
6.2.5 Latvia Liquid Crystal Display (LCD) Market Revenues & Volume, By Small Appliance, 2021- 2031F |
6.2.6 Latvia Liquid Crystal Display (LCD) Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Liquid Crystal Display (LCD) Market Import-Export Trade Statistics |
7.1 Latvia Liquid Crystal Display (LCD) Market Export to Major Countries |
7.2 Latvia Liquid Crystal Display (LCD) Market Imports from Major Countries |
8 Latvia Liquid Crystal Display (LCD) Market Key Performance Indicators |
8.1 Average selling price (ASP) of LCD panels |
8.2 Adoption rate of LCD displays in new applications |
8.3 Percentage of LCD panels meeting energy efficiency standards |
8.4 Research and development investment in LCD technology |
8.5 Number of patents filed for new LCD innovations |
9 Latvia Liquid Crystal Display (LCD) Market - Opportunity Assessment |
9.1 Latvia Liquid Crystal Display (LCD) Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Liquid Crystal Display (LCD) Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Liquid Crystal Display (LCD) Market - Competitive Landscape |
10.1 Latvia Liquid Crystal Display (LCD) Market Revenue Share, By Companies, 2024 |
10.2 Latvia Liquid Crystal Display (LCD) 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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