| Product Code: ETC5893137 | 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 |
Lithuania`s balance shaft import shipments in 2024 were largely sourced from Germany, Sweden, China, Poland, and Belarus. The market experienced a shift towards moderate concentration from low concentration in 2023, indicating increased competition among suppliers. Despite a negative CAGR of -9.17% from 2020 to 2024, the growth rate rebounded to 3.7% in 2024. This suggests that the market is showing signs of recovery and potential for future growth in the import of balance shafts to Lithuania.

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 Balance Shaft Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Balance Shaft Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Balance Shaft Market - Industry Life Cycle |
3.4 Lithuania Balance Shaft Market - Porter's Five Forces |
3.5 Lithuania Balance Shaft Market Revenues & Volume Share, By Engine Type, 2021 & 2031F |
3.6 Lithuania Balance Shaft Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Lithuania Balance Shaft Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles |
4.2.2 Technological advancements in the automotive industry |
4.2.3 Growing focus on reducing emissions and improving vehicle performance |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Regulatory challenges related to emissions standards |
4.3.3 Intense competition from alternative technologies |
5 Lithuania Balance Shaft Market Trends |
6 Lithuania Balance Shaft Market Segmentations |
6.1 Lithuania Balance Shaft Market, By Engine Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Balance Shaft Market Revenues & Volume, By Inline-3 Cylinder, 2021-2031F |
6.1.3 Lithuania Balance Shaft Market Revenues & Volume, By Inline-4 Cylinder, 2021-2031F |
6.1.4 Lithuania Balance Shaft Market Revenues & Volume, By Inline-5 Cylinder, 2021-2031F |
6.1.5 Lithuania Balance Shaft Market Revenues & Volume, By V-6 Cylinder, 2021-2031F |
6.2 Lithuania Balance Shaft Market, By Manufacturing Process |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Balance Shaft Market Revenues & Volume, By Forged , 2021-2031F |
6.2.3 Lithuania Balance Shaft Market Revenues & Volume, By Cast Balance Shaft, 2021-2031F |
7 Lithuania Balance Shaft Market Import-Export Trade Statistics |
7.1 Lithuania Balance Shaft Market Export to Major Countries |
7.2 Lithuania Balance Shaft Market Imports from Major Countries |
8 Lithuania Balance Shaft Market Key Performance Indicators |
8.1 Average fuel efficiency improvement in vehicles using balance shafts |
8.2 Adoption rate of advanced balance shaft technologies in new vehicle models |
8.3 Number of patents filed for balance shaft innovations |
8.4 Investment in research and development for balance shaft technology |
8.5 Number of new partnerships or collaborations for balance shaft development |
9 Lithuania Balance Shaft Market - Opportunity Assessment |
9.1 Lithuania Balance Shaft Market Opportunity Assessment, By Engine Type, 2021 & 2031F |
9.2 Lithuania Balance Shaft Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Lithuania Balance Shaft Market - Competitive Landscape |
10.1 Lithuania Balance Shaft Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Balance Shaft Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |