| Product Code: ETC5180941 | 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 |
The Lithuania drilling and tapping machine import market saw a significant shift in concentration levels from 2023 to 2024, with the Herfindahl-Hirschman Index (HHI) indicating a move from low to high concentration. Top exporting countries such as Germany, Poland, and China remained key players, while Austria and Estonia also made notable contributions. Despite a concerning Compound Annual Growth Rate (CAGR) of -36.22% from 2020 to 2024, the steep decline in growth rate from 2023 to 2024 at -62.15% highlights potential challenges in the market that importers and stakeholders need to address.

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 Drilling and Tapping Machine Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Drilling and Tapping Machine Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Drilling and Tapping Machine Market - Industry Life Cycle |
3.4 Lithuania Drilling and Tapping Machine Market - Porter's Five Forces |
3.5 Lithuania Drilling and Tapping Machine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lithuania Drilling and Tapping Machine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lithuania Drilling and Tapping Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing industrialization and manufacturing activities in Lithuania |
4.2.2 Increasing demand for precision engineering and automation solutions |
4.2.3 Technological advancements in drilling and tapping machines |
4.3 Market Restraints |
4.3.1 Economic volatility and uncertainty impacting investment decisions |
4.3.2 Competition from alternative technologies such as CNC machines |
4.3.3 Regulatory challenges and compliance requirements |
5 Lithuania Drilling and Tapping Machine Market Trends |
6 Lithuania Drilling and Tapping Machine Market Segmentations |
6.1 Lithuania Drilling and Tapping Machine Market, By Type |
6.1.1 Overview and Analysis | 6.1.3 Lithuania Drilling and Tapping Machine Market Revenues & Volume, By Portable Dose Rate Monitor, 2021-2031F |
6.1.3 Lithuania Drilling and Tapping Machine Market Revenues & Volume, By Handheld Dose Rate Monitor, 2021-2031F |
6.2 Lithuania Drilling and Tapping Machine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Drilling and Tapping Machine Market Revenues & Volume, By Radiation Monitoring, 2021-2031F |
6.2.3 Lithuania Drilling and Tapping Machine Market Revenues & Volume, By Radiation Clean-up, 2021-2031F |
6.2.4 Lithuania Drilling and Tapping Machine Market Revenues & Volume, By NuclearMedicine, 2021-2031F |
6.2.5 Lithuania Drilling and Tapping Machine Market Revenues & Volume, By Non Destructive Testing, 2021-2031F |
7 Lithuania Drilling and Tapping Machine Market Import-Export Trade Statistics |
7.1 Lithuania Drilling and Tapping Machine Market Export to Major Countries |
7.2 Lithuania Drilling and Tapping Machine Market Imports from Major Countries |
8 Lithuania Drilling and Tapping Machine Market Key Performance Indicators |
8.1 Adoption rate of advanced drilling and tapping technologies |
8.2 Average utilization rate of drilling and tapping machines in manufacturing facilities |
8.3 Rate of investment in research and development for drilling and tapping machine technology |
8.4 Percentage of manufacturers using drilling and tapping machines for automation and efficiency |
8.5 Growth in the number of skilled operators trained in operating drilling and tapping machines |
9 Lithuania Drilling and Tapping Machine Market - Opportunity Assessment |
9.1 Lithuania Drilling and Tapping Machine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lithuania Drilling and Tapping Machine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lithuania Drilling and Tapping Machine Market - Competitive Landscape |
10.1 Lithuania Drilling and Tapping Machine Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Drilling and Tapping Machine 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.
To discover high-growth global markets and optimize your business strategy:
Click Here