| Product Code: ETC5876645 | 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 |
In 2024, Lithuania continued to see a strong influx of connected car import shipments primarily from Estonia, Poland, Germany, Latvia, and Finland. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market with dominant suppliers. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) of 12.01% over the period 2020-2024 highlights the overall positive trend in the connected car import market in Lithuania. This data suggests a steady demand for connected car technologies in the country, with neighboring countries playing a significant role in the supply chain.

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 Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Connected Car Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Connected Car Market - Industry Life Cycle |
3.4 Lithuania Connected Car Market - Porter's Five Forces |
3.5 Lithuania Connected Car Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Lithuania Connected Car Market Revenues & Volume Share, By Connectivity Solutions, 2021 & 2031F |
3.7 Lithuania Connected Car Market Revenues & Volume Share, By End Market, 2021 & 2031F |
4 Lithuania Connected Car Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced safety features in vehicles |
4.2.2 Growing adoption of IoT technology and connectivity solutions in automotive sector |
4.2.3 Government initiatives promoting the use of connected vehicles |
4.3 Market Restraints |
4.3.1 High initial costs associated with connected car technology |
4.3.2 Concerns regarding data security and privacy issues |
4.3.3 Limited infrastructure for widespread implementation of connected car systems |
5 Lithuania Connected Car Market Trends |
6 Lithuania Connected Car Market Segmentations |
6.1 Lithuania Connected Car Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Connected Car Market Revenues & Volume, By 3G, 2021-2031F |
6.1.3 Lithuania Connected Car Market Revenues & Volume, By 4G/LTE, 2021-2031F |
6.1.4 Lithuania Connected Car Market Revenues & Volume, By 5G, 2021-2031F |
6.2 Lithuania Connected Car Market, By Connectivity Solutions |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Connected Car Market Revenues & Volume, By Integrated, 2021-2031F |
6.2.3 Lithuania Connected Car Market Revenues & Volume, By Embedded, 2021-2031F |
6.2.4 Lithuania Connected Car Market Revenues & Volume, By Tethered, 2021-2031F |
6.3 Lithuania Connected Car Market, By End Market |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Connected Car Market Revenues & Volume, By Original Equipment Manufacturer (OEMs), 2021-2031F |
6.3.3 Lithuania Connected Car Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 Lithuania Connected Car Market Import-Export Trade Statistics |
7.1 Lithuania Connected Car Market Export to Major Countries |
7.2 Lithuania Connected Car Market Imports from Major Countries |
8 Lithuania Connected Car Market Key Performance Indicators |
8.1 Average number of connected cars per capita in Lithuania |
8.2 Percentage increase in the adoption rate of connected car technology |
8.3 Number of partnerships between automotive companies and technology providers in Lithuania |
9 Lithuania Connected Car Market - Opportunity Assessment |
9.1 Lithuania Connected Car Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Lithuania Connected Car Market Opportunity Assessment, By Connectivity Solutions, 2021 & 2031F |
9.3 Lithuania Connected Car Market Opportunity Assessment, By End Market, 2021 & 2031F |
10 Lithuania Connected Car Market - Competitive Landscape |
10.1 Lithuania Connected Car Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Connected Car 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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