| Product Code: ETC8038102 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Lithuania saw a significant increase in connected car devices imports with top exporters being China, Denmark, Poland, Germany, and the USA. The market remains competitive with low concentration indicated by the Herfindahl-Hirschman Index (HHI). Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 was impressive at 19.13%, reflecting the growing demand and adoption of connected car technology in 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 Connected Car Devices Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Connected Car Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Connected Car Devices Market - Industry Life Cycle |
3.4 Lithuania Connected Car Devices Market - Porter's Five Forces |
3.5 Lithuania Connected Car Devices Market Revenues & Volume Share, By End-user Type, 2021 & 2031F |
3.6 Lithuania Connected Car Devices Market Revenues & Volume Share, By Communication Type, 2021 & 2031F |
3.7 Lithuania Connected Car Devices Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.8 Lithuania Connected Car Devices Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Lithuania Connected Car Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Lithuania Connected Car Devices Market Trends |
6 Lithuania Connected Car Devices Market, By Types |
6.1 Lithuania Connected Car Devices Market, By End-user Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Connected Car Devices Market Revenues & Volume, By End-user Type, 2021- 2031F |
6.1.3 Lithuania Connected Car Devices Market Revenues & Volume, By OEM, 2021- 2031F |
6.1.4 Lithuania Connected Car Devices Market Revenues & Volume, By Aftermarket, 2021- 2031F |
6.2 Lithuania Connected Car Devices Market, By Communication Type |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Connected Car Devices Market Revenues & Volume, By V2V, 2021- 2031F |
6.2.3 Lithuania Connected Car Devices Market Revenues & Volume, By V2I, 2021- 2031F |
6.2.4 Lithuania Connected Car Devices Market Revenues & Volume, By V2P, 2021- 2031F |
6.3 Lithuania Connected Car Devices Market, By Product Type |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Connected Car Devices Market Revenues & Volume, By Driver Assistance System, 2021- 2031F |
6.3.3 Lithuania Connected Car Devices Market Revenues & Volume, By Telematics, 2021- 2031F |
6.4 Lithuania Connected Car Devices Market, By Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Connected Car Devices Market Revenues & Volume, By IC Engine, 2021- 2031F |
6.4.3 Lithuania Connected Car Devices Market Revenues & Volume, By Electric, 2021- 2031F |
6.4.4 Lithuania Connected Car Devices Market Revenues & Volume, By Fuel Cell Vehicle, 2021- 2031F |
7 Lithuania Connected Car Devices Market Import-Export Trade Statistics |
7.1 Lithuania Connected Car Devices Market Export to Major Countries |
7.2 Lithuania Connected Car Devices Market Imports from Major Countries |
8 Lithuania Connected Car Devices Market Key Performance Indicators |
9 Lithuania Connected Car Devices Market - Opportunity Assessment |
9.1 Lithuania Connected Car Devices Market Opportunity Assessment, By End-user Type, 2021 & 2031F |
9.2 Lithuania Connected Car Devices Market Opportunity Assessment, By Communication Type, 2021 & 2031F |
9.3 Lithuania Connected Car Devices Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.4 Lithuania Connected Car Devices Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Lithuania Connected Car Devices Market - Competitive Landscape |
10.1 Lithuania Connected Car Devices Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Connected Car Devices 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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