| Product Code: ETC5164316 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Lithuania`s automotive components import market showed promising growth in 2024, with top exporters including Germany, Poland, and China. The decrease in Herfindahl-Hirschman Index (HHI) from moderate to low concentration indicates a more diverse market landscape. The compound annual growth rate (CAGR) of 9.14% from 2020 to 2024 highlights the sector`s steady expansion. Moreover, the impressive growth rate of 7.93% from 2023 to 2024 suggests a positive trajectory for Lithuania`s automotive components import market, driven by strong partnerships with key exporting countries.

By 2027, the Automotive Components market in Lithuania is anticipated to reach a growth rate of 3.60%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Automotive Components Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Automotive Components Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Automotive Components Market - Industry Life Cycle |
3.4 Lithuania Automotive Components Market - Porter's Five Forces |
3.5 Lithuania Automotive Components Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Lithuania Automotive Components Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Lithuania Automotive Components Market Revenues & Volume Share, By Demand Category, 2021 & 2031F |
4 Lithuania Automotive Components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and fuel-efficient automotive components |
4.2.2 Growing investments in the automotive industry in Lithuania |
4.2.3 Technological advancements leading to the development of advanced automotive components |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs |
4.3.2 Intense competition from established global automotive component manufacturers |
4.3.3 Economic uncertainties affecting consumer spending on automobiles |
5 Lithuania Automotive Components Market Trends |
6 Lithuania Automotive Components Market Segmentations |
6.1 Lithuania Automotive Components Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Automotive Components Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.1.3 Lithuania Automotive Components Market Revenues & Volume, By Light Commercial Vehicle, 2021-2031F |
6.1.4 Lithuania Automotive Components Market Revenues & Volume, By Medium & Heavy Commercial Vehicle, 2021-2031F |
6.1.5 Lithuania Automotive Components Market Revenues & Volume, By Two-Wheeler, 2021-2031F |
6.1.6 Lithuania Automotive Components Market Revenues & Volume, By Three-Wheeler, 2021-2031F |
6.1.7 Lithuania Automotive Components Market Revenues & Volume, By OTR, 2021-2031F |
6.2 Lithuania Automotive Components Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Automotive Components Market Revenues & Volume, By Engine Parts, 2021-2031F |
6.2.3 Lithuania Automotive Components Market Revenues & Volume, By Body & Chassis, 2021-2031F |
6.2.4 Lithuania Automotive Components Market Revenues & Volume, By Suspension & Brakes, 2021-2031F |
6.2.5 Lithuania Automotive Components Market Revenues & Volume, By Drive Transmission & Steering Parts, 2021-2031F |
6.2.6 Lithuania Automotive Components Market Revenues & Volume, By Electrical Parts, 2021-2031F |
6.2.7 Lithuania Automotive Components Market Revenues & Volume, By Equipments, 2021-2031F |
6.3 Lithuania Automotive Components Market, By Demand Category |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Automotive Components Market Revenues & Volume, By OEM, 2021-2031F |
6.3.3 Lithuania Automotive Components Market Revenues & Volume, By Replacement, 2021-2031F |
7 Lithuania Automotive Components Market Import-Export Trade Statistics |
7.1 Lithuania Automotive Components Market Export to Major Countries |
7.2 Lithuania Automotive Components Market Imports from Major Countries |
8 Lithuania Automotive Components Market Key Performance Indicators |
8.1 Percentage of revenue invested in research and development for innovative automotive components |
8.2 Number of strategic partnerships and collaborations with automotive manufacturers |
8.3 Rate of adoption of sustainable manufacturing practices in the production of automotive components |
9 Lithuania Automotive Components Market - Opportunity Assessment |
9.1 Lithuania Automotive Components Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Lithuania Automotive Components Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Lithuania Automotive Components Market Opportunity Assessment, By Demand Category, 2021 & 2031F |
10 Lithuania Automotive Components Market - Competitive Landscape |
10.1 Lithuania Automotive Components Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Automotive Components Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |