| Product Code: ETC5757477 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Lithuania saw a surge in offshore wind import shipments, with top exporters being Germany, India, Austria, Czechia, and China. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The impressive compound annual growth rate (CAGR) of 48.22% from 2020 to 2024 demonstrates the expanding demand for offshore wind imports in Lithuania. Moreover, the growth rate of 40.94% from 2023 to 2024 highlights the accelerating momentum in this sector, signaling promising opportunities for both domestic and international stakeholders.

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 Lithuania Offshore Wind Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Offshore Wind Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Offshore Wind Market - Industry Life Cycle |
3.4 Lithuania Offshore Wind Market - Porter's Five Forces |
3.5 Lithuania Offshore Wind Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Lithuania Offshore Wind Market Revenues & Volume Share, By Location, 2021 & 2031F |
4 Lithuania Offshore Wind Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government support and policies promoting renewable energy |
4.2.2 Increasing demand for clean energy sources |
4.2.3 Technological advancements in offshore wind technology |
4.3 Market Restraints |
4.3.1 High initial investment costs |
4.3.2 Environmental impact and regulatory challenges |
4.3.3 Grid connection and infrastructure limitations |
5 Lithuania Offshore Wind Market Trends |
6 Lithuania Offshore Wind Market Segmentations |
6.1 Lithuania Offshore Wind Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Offshore Wind Market Revenues & Volume, By Turbines Nacelle, 2021-2031F |
6.1.3 Lithuania Offshore Wind Market Revenues & Volume, By Rotors & Blades, 2021-2031F |
6.1.4 Lithuania Offshore Wind Market Revenues & Volume, By Tower, 2021-2031F |
6.2 Lithuania Offshore Wind Market, By Location |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Offshore Wind Market Revenues & Volume, By Shallow Water, 2021-2031F |
6.2.3 Lithuania Offshore Wind Market Revenues & Volume, By Transitional Water, 2021-2031F |
6.2.4 Lithuania Offshore Wind Market Revenues & Volume, By Deepwater, 2021-2031F |
7 Lithuania Offshore Wind Market Import-Export Trade Statistics |
7.1 Lithuania Offshore Wind Market Export to Major Countries |
7.2 Lithuania Offshore Wind Market Imports from Major Countries |
8 Lithuania Offshore Wind Market Key Performance Indicators |
8.1 Capacity factor (percentage of actual energy output compared to maximum potential output) |
8.2 Levelized cost of energy (LCOE) for offshore wind projects |
8.3 Number of new offshore wind projects approved and under development |
8.4 Average turbine size and efficiency improvements |
8.5 Offshore wind capacity additions per year |
9 Lithuania Offshore Wind Market - Opportunity Assessment |
9.1 Lithuania Offshore Wind Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Lithuania Offshore Wind Market Opportunity Assessment, By Location, 2021 & 2031F |
10 Lithuania Offshore Wind Market - Competitive Landscape |
10.1 Lithuania Offshore Wind Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Offshore Wind Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |