| Product Code: ETC7920829 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to see a steady influx of rugged handheld devices imports, with Lithuania, China, Netherlands, Poland, and Germany emerging as the top exporting countries. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained at a moderate level, indicating a competitive landscape. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 stood at a healthy 4.83%, showcasing sustained demand and market stability for rugged handheld devices 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 Rugged Handheld Devices Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Rugged Handheld Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Rugged Handheld Devices Market - Industry Life Cycle |
3.4 Latvia Rugged Handheld Devices Market - Porter's Five Forces |
3.5 Latvia Rugged Handheld Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Rugged Handheld Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Rugged Handheld Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for rugged handheld devices in industries such as manufacturing, logistics, and healthcare due to their durability and reliability. |
4.2.2 Advancements in technology leading to the development of more rugged and feature-rich handheld devices. |
4.2.3 Growing emphasis on worker safety and efficiency, driving the adoption of rugged handheld devices in hazardous environments. |
4.3 Market Restraints |
4.3.1 High initial cost of rugged handheld devices compared to non-rugged alternatives. |
4.3.2 Limited awareness and understanding of the benefits of rugged handheld devices among potential users. |
4.3.3 Challenges related to integration with existing systems and infrastructure in organizations. |
5 Latvia Rugged Handheld Devices Market Trends |
6 Latvia Rugged Handheld Devices Market, By Types |
6.1 Latvia Rugged Handheld Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Rugged Handheld Devices Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Rugged Handheld Devices Market Revenues & Volume, By Mobile Computer, 2021- 2031F |
6.1.4 Latvia Rugged Handheld Devices Market Revenues & Volume, By Reader/Scanner, 2021- 2031F |
6.1.5 Latvia Rugged Handheld Devices Market Revenues & Volume, By Smartphone, 2021- 2031F |
6.1.6 Latvia Rugged Handheld Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Rugged Handheld Devices Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Rugged Handheld Devices Market Revenues & Volume, By Industrial/Manufacturing, 2021- 2031F |
6.2.3 Latvia Rugged Handheld Devices Market Revenues & Volume, By Logistics/Transport, 2021- 2031F |
6.2.4 Latvia Rugged Handheld Devices Market Revenues & Volume, By Government, 2021- 2031F |
6.2.5 Latvia Rugged Handheld Devices Market Revenues & Volume, By Retail, 2021- 2031F |
6.2.6 Latvia Rugged Handheld Devices Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Rugged Handheld Devices Market Import-Export Trade Statistics |
7.1 Latvia Rugged Handheld Devices Market Export to Major Countries |
7.2 Latvia Rugged Handheld Devices Market Imports from Major Countries |
8 Latvia Rugged Handheld Devices Market Key Performance Indicators |
8.1 Mean Time Between Failures (MTBF) of rugged handheld devices, indicating their reliability and durability. |
8.2 Average response time for customer support and maintenance services for rugged handheld devices, reflecting customer satisfaction and support quality. |
8.3 Number of new applications and use cases being developed for rugged handheld devices, showing expanding market opportunities and adoption. |
8.4 Percentage increase in the number of certified rugged handheld device resellers and partners, indicating market reach and distribution network growth. |
9 Latvia Rugged Handheld Devices Market - Opportunity Assessment |
9.1 Latvia Rugged Handheld Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Rugged Handheld Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Rugged Handheld Devices Market - Competitive Landscape |
10.1 Latvia Rugged Handheld Devices Market Revenue Share, By Companies, 2024 |
10.2 Latvia Rugged Handheld Devices 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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