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2019 Future Of Latvia Automobile Market- Trends, Outlook And Growth Opportunities

Published on: Feb 2019 | From USD $1899 | Published By: OG ANALYSIS | Number Of Pages: 70

The Latvia automobile report provides a complete perspective on the trends shaping the Latvia Automobile market. The Latvia automotive market is slowly shifting towards a service oriented model with new players focusing extensively on customer experience and consumer data. Transitions in automotive markets are providing opportunities for some parts while other components face stiff decline over the forecasts.

Companies across the value chain are forced to adapt to market changes to sustain revenue and profit. New Vehicles must be aligned with the current states of technology and consumer preferences.

Geographical diversification model remains one of the main strategies of leading automobile manufacturers to ensure profitability in high investment and R&D expenditure scenario. Both large players and start-ups are aggressively focusing on connected and autonomous driving vehicles in the country.

Strong government focus on encouraging automotive industry in the country is an important driving force for Latvia. However, stringent environmental regulations on pollution and carbon emissions are necessitating heavy investments.

Report Description-

The future value proposition for automotive market in Latvia to 2025 is detailed in the research work. It also provides imperatives for gaining market share in Latvia automobile industry. It presents detailed insights and forecasts of passenger cars, light commercial vehicles and heavy commercial vehicles.

The research work includes detailed SWOT analysis of Latvia automotive market to enable users to identify key trends and hidden opportunities. It identifies emerging and new market trends across various vehicle types including passenger cars (PCs), LCVs, Heavy Trucks, Buses, Vans, Motor Cycles and others.

The report provides annual historic and forecast data of Passenger car sales, Commercial Vehicle sales, Passenger Car Production, LCV production, Buses and Trucks production from 2005 to 2018 and 2019 to 2026. Further, annual historic data on import and export market value of passenger cars, buses, LCVs and HCVs by source / destination country are included in the Latvia automobile report.

The report presents the impact of current business and economic trends on the future of automobile industry in Latvia. Key macroeconomic driving factors of consumption including GDP, disposable income, population, inflation trends are forecast from 2005 to 2025.
Latvia automobile market is benchmarked against peer markets in the region in terms of investment prospects, demand growth, supply scenario and competitive structure. Further, regional and global trends in automotive industry for 2018 to 2025 are analysed in the report.

Leading automobile companies having presence in Latvia automotive market are presented. Business Description, SWOT profiles, financial profiles and overview of Latvian automotive operations of three leading automotive companies is included. In addition, prominent recent developments and their impact on Latvia automotive industry are provided.

Scope
- Key Findings of Latvia Automobile market and introduction - 2018
- Prominent Latvia market trends on sales, consumption, production, OEMs, distribution, regulations and companies
- Benchmarking with peer markets in the region
- SWOT analysis of Latvia Automotive market presenting key drivers and hidden opportunities
- Annual Supply and Demand (sales) outlook from 2005 to 2025 for-
- Passenger cars
- Light commercial vehicles
- Heavy trucks
- Buses
- Vans
- Motor cycles
- GDP, Population, Inflation, Disposable Income forecasts
- Business, SWOT and Financial Profiles of Leading Companies
- Recent Industry Developments, 2018

The report enables clients to
¥ Boost revenues from new and used car sales and services
¥ Identify key trends and hidden opportunities
¥ Gain clear understanding of the country automotive value chain
¥ Design sustainable and competitive strategies in times of rapid development
¥ Understand paradigm shift in consumer preferences
¥ Compare growth in Latvia automotive business with its peer markets
¥ Gain insights into the role of local legal and regulatory bodies in Latvia


1. Latvia Automobile Industry
1.1 Market Scope and Definition
1.2 Study Assumptions
1.3 Research Methodology

2. Executive Summary
2.1 Key Trends
2.2 Latvia Automotive Market Outlook, 2018- 2025
2.3 Latvia Automotive Market Outlook by Vehicle Type, 2018- 2025

3. Strategic Analysis Review
3.1 PorterÕs Five Forces Analysis
3.2 Shifting Consumer Behaviour and Preferences
3.3 SWOT Analysis
3.3.1 Key Strengths
3.3.2 Key Weaknesses
3.3.3 Potential Opportunities
3.3.4 Potential Threats

4. Latvia Automotive Market Outlook and Growth Opportunities
4.1 Latvia Automotive Sales Outlook, 2005- 2018, 2019-2025
4.2 Latvia Passenger Car Sales Outlook, 2005- 2018, 2019- 2025
4.3 Latvia Commercial Vehicles Sales Outlook, 2005- 2018, 2019- 2025
4.4 Latvia Passenger Car Production Outlook, 2005- 2018, 2019- 2025
4.5 Latvia Commercial Vehicles Production Outlook, 2005- 2018, 2019- 2025

5. Latvia Automobile Trade Analysis
5.1 Latvia Passenger Cars- Imports and Exports, 2013- 2018
5.2 Latvia Goods Transport Vehicles-Imports and Exports, 2013- 2018
5.3 Latvia Trucks- Imports and Exports, 2013- 2018
5.4 Latvia Motorcycles- Imports and Exports, 2013- 2018

6. Latvia Automobile Company Analysis
6.1 Domestic vs International Companies
6.2 Key Products of Leading Companies
6.3 Industry Consolidation Trends

7. SWOT and Financial Profiles of Automotive Companies in Latvia
7.1 Company A
7.2 Company B
7.3 Company C

8. Latvia Demographic and Macroeconomic Outlook to 2025
8.1 Latvia GDP (Gross Domestic Product, Current Prices) Outlook, 2005-2018, 2019- 2025
8.2 Latvia Disposable Income Outlook, 2005-2018, 2019- 2025
8.3 Latvia Population Growth Outlook, 2005-2018, 2019-2025
8.4 Population Outlook by Age, 2007-2025
8.4.1 Population Outlook by Gender, 2007-2025
8.4.2 Population Outlook by Area, 2007-2025
8.4.3 Latest Automobile Industry Trends and Developments

9. Global and Regional Auto Market Outlook, 2018- 2025
9.1 Asia Pacific Automobile Production Outlook, 2018- 2025
9.2 Europe Automobile Production Outlook, 2018- 2025
9.3 North America Automobile Production Outlook, 2018- 2025
9.4 Middle East Automobile Production Outlook, 2018- 2025
9.5 Africa Automobile Production Outlook, 2018- 2025
9.6 South and Central America Automobile Production Outlook, 2018- 2025
9.7 Asia Pacific Automobile Sales Outlook, 2018- 2025
9.8 Europe Automobile Sales Outlook, 2018- 2025
9.9 North America Automobile Sales Outlook, 2018- 2025
9.10 Middle East Automobile Sales Outlook, 2018- 2025
9.11 Africa Automobile Sales Outlook, 2018- 2025
9.12 South and Central America Automobile Sales Outlook, 2018- 2025

10. Appendix
10.1 OGAnalysis Expertise
10.2 Sources and Research Methodology
10.3 Contacts

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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