| Product Code: ETC5883960 | 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 import shipments of connected car devices in 2024 saw a diverse mix of top exporting countries, including China, Denmark, Poland, Germany, and the USA. Despite the varied sources, the market remained moderately concentrated with a low Herfindahl-Hirschman Index (HHI). The impressive compound annual growth rate (CAGR) of 19.13% from 2020 to 2024 indicates a thriving market. However, the slight decline in growth rate from 2023 to 2024 at -4.55% suggests a temporary slowdown, which could be attributed to various factors such as market saturation or changing consumer preferences.

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 Connected Car Device Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Connected Car Device Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Connected Car Device Market - Industry Life Cycle |
3.4 Lithuania Connected Car Device Market - Porter's Five Forces |
3.5 Lithuania Connected Car Device Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Lithuania Connected Car Device Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.7 Lithuania Connected Car Device Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.8 Lithuania Connected Car Device Market Revenues & Volume Share, By Communication, 2021 & 2031F |
4 Lithuania Connected Car Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced vehicle telematics solutions |
4.2.2 Growing focus on enhancing vehicle safety and security |
4.2.3 Government initiatives promoting connected car technologies |
4.3 Market Restraints |
4.3.1 High initial costs associated with connected car devices |
4.3.2 Concerns regarding data privacy and security |
4.3.3 Limited infrastructure for seamless connectivity in remote areas |
5 Lithuania Connected Car Device Market Trends |
6 Lithuania Connected Car Device Market Segmentations |
6.1 Lithuania Connected Car Device Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Connected Car Device Market Revenues & Volume, By Driver Assistance Systems, 2021-2031F |
6.1.3 Lithuania Connected Car Device Market Revenues & Volume, By Telematics, 2021-2031F |
6.1.4 Lithuania Connected Car Device Market Revenues & Volume, By Others, 2021-2031F |
6.2 Lithuania Connected Car Device Market, By Connectivity |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Connected Car Device Market Revenues & Volume, By Dedicated Short Range Communication (DSRC), 2021-2031F |
6.2.3 Lithuania Connected Car Device Market Revenues & Volume, By Long Range/ Cellular Network, 2021-2031F |
6.3 Lithuania Connected Car Device Market, By Product Type |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Connected Car Device Market Revenues & Volume, By Das, 2021-2031F |
6.3.3 Lithuania Connected Car Device Market Revenues & Volume, By Telematics, 2021-2031F |
6.4 Lithuania Connected Car Device Market, By Communication |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Connected Car Device Market Revenues & Volume, By Vehicle-to-Vehicle (V2V), 2021-2031F |
6.4.3 Lithuania Connected Car Device Market Revenues & Volume, By Vehicle-to-Infrastructure (V2I), 2021-2031F |
6.4.4 Lithuania Connected Car Device Market Revenues & Volume, By Vehicle-to-Pedestrian(V2P), 2021-2031F |
6.4.5 Lithuania Connected Car Device Market Revenues & Volume, By Others (V2C, V2D, V2G), 2021-2031F |
7 Lithuania Connected Car Device Market Import-Export Trade Statistics |
7.1 Lithuania Connected Car Device Market Export to Major Countries |
7.2 Lithuania Connected Car Device Market Imports from Major Countries |
8 Lithuania Connected Car Device Market Key Performance Indicators |
8.1 Average monthly active users of connected car devices |
8.2 Adoption rate of advanced telematics features |
8.3 Frequency of software updates and improvements |
8.4 Customer satisfaction with the user experience |
8.5 Rate of integration with third-party applications |
9 Lithuania Connected Car Device Market - Opportunity Assessment |
9.1 Lithuania Connected Car Device Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Lithuania Connected Car Device Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
9.3 Lithuania Connected Car Device Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.4 Lithuania Connected Car Device Market Opportunity Assessment, By Communication, 2021 & 2031F |
10 Lithuania Connected Car Device Market - Competitive Landscape |
10.1 Lithuania Connected Car Device Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Connected Car Device Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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