| Product Code: ETC8054506 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
In 2024, Lithuania continued to rely heavily on wind turbine imports, with key suppliers including Germany, India, Austria, Czechia, and China. The market exhibited a high concentration level, as indicated by the Herfindahl-Hirschman Index (HHI). The impressive compound annual growth rate (CAGR) of 48.22% from 2020 to 2024 underscores the growing demand for wind turbines in Lithuania. Furthermore, the robust growth rate of 40.94% from 2023 to 2024 suggests a sustained momentum in the market, highlighting opportunities for both suppliers and local stakeholders to capitalize on this upward trend.
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 Wind Turbine Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Wind Turbine Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Wind Turbine Market - Industry Life Cycle |
3.4 Lithuania Wind Turbine Market - Porter's Five Forces |
3.5 Lithuania Wind Turbine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lithuania Wind Turbine Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.7 Lithuania Wind Turbine Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 Lithuania Wind Turbine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lithuania Wind Turbine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government support and incentives for renewable energy projects |
4.2.2 Increasing focus on reducing carbon emissions and transitioning to cleaner energy sources |
4.2.3 Technological advancements in wind turbine technology |
4.3 Market Restraints |
4.3.1 High initial investment costs for wind turbine installations |
4.3.2 Challenges in grid integration and intermittency of wind power |
4.3.3 Limited availability of suitable land for wind farm development |
5 Lithuania Wind Turbine Market Trends |
6 Lithuania Wind Turbine Market, By Types |
6.1 Lithuania Wind Turbine Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Wind Turbine Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Lithuania Wind Turbine Market Revenues & Volume, By Horizontal, 2021- 2031F |
6.1.4 Lithuania Wind Turbine Market Revenues & Volume, By Vertical, 2021- 2031F |
6.2 Lithuania Wind Turbine Market, By Installation |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Wind Turbine Market Revenues & Volume, By Onshore, 2021- 2031F |
6.2.3 Lithuania Wind Turbine Market Revenues & Volume, By Offshore, 2021- 2031F |
6.3 Lithuania Wind Turbine Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Wind Turbine Market Revenues & Volume, By Rotator Blade, 2021- 2031F |
6.3.3 Lithuania Wind Turbine Market Revenues & Volume, By Gearbox, 2021- 2031F |
6.3.4 Lithuania Wind Turbine Market Revenues & Volume, By Generator, 2021- 2031F |
6.3.5 Lithuania Wind Turbine Market Revenues & Volume, By Nacelle, 2021- 2031F |
6.3.6 Lithuania Wind Turbine Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Lithuania Wind Turbine Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Wind Turbine Market Revenues & Volume, By Industrial, 2021- 2031F |
6.4.3 Lithuania Wind Turbine Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4.4 Lithuania Wind Turbine Market Revenues & Volume, By Residential, 2021- 2031F |
6.4.5 Lithuania Wind Turbine Market Revenues & Volume, By Utility, 2021- 2031F |
7 Lithuania Wind Turbine Market Import-Export Trade Statistics |
7.1 Lithuania Wind Turbine Market Export to Major Countries |
7.2 Lithuania Wind Turbine Market Imports from Major Countries |
8 Lithuania Wind Turbine Market Key Performance Indicators |
8.1 Capacity utilization rate of wind turbines |
8.2 Average wind speed at key wind turbine locations |
8.3 Levelized cost of electricity (LCOE) for wind energy production |
8.4 Number of new wind turbine installations |
8.5 Wind energy contribution to the overall energy mix of Lithuania |
9 Lithuania Wind Turbine Market - Opportunity Assessment |
9.1 Lithuania Wind Turbine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lithuania Wind Turbine Market Opportunity Assessment, By Installation, 2021 & 2031F |
9.3 Lithuania Wind Turbine Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 Lithuania Wind Turbine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lithuania Wind Turbine Market - Competitive Landscape |
10.1 Lithuania Wind Turbine Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Wind Turbine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |