| Product Code: ETC5871458 | 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 |
The electric utility vehicle import shipments to Lithuania in 2024 have seen a notable shift in the top exporting countries, with Germany, Poland, China, Latvia, and Estonia leading the way. Despite a decrease in the growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remains impressive at 38.85%. The Herfindahl-Hirschman Index (HHI) indicates high concentration in the market, suggesting potential challenges in terms of competition and market dynamics. Monitoring these trends closely will be crucial for stakeholders in the electric utility vehicle industry.

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 Electric Utility Vehicle Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Electric Utility Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Electric Utility Vehicle Market - Industry Life Cycle |
3.4 Lithuania Electric Utility Vehicle Market - Porter's Five Forces |
3.5 Lithuania Electric Utility Vehicle Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.6 Lithuania Electric Utility Vehicle Market Revenues & Volume Share, By Drive Type, 2021 & 2031F |
3.7 Lithuania Electric Utility Vehicle Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
4 Lithuania Electric Utility Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives and subsidies to promote electric vehicles in Lithuania |
4.2.2 Growing awareness and concern for environmental sustainability among consumers |
4.2.3 Rising fuel costs driving the adoption of electric vehicles in the utility sector |
4.3 Market Restraints |
4.3.1 Limited charging infrastructure for electric vehicles in Lithuania |
4.3.2 High upfront cost of electric utility vehicles compared to traditional vehicles |
4.3.3 Range anxiety among consumers due to limited driving range of electric utility vehicles |
5 Lithuania Electric Utility Vehicle Market Trends |
6 Lithuania Electric Utility Vehicle Market Segmentations |
6.1 Lithuania Electric Utility Vehicle Market, By Battery Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Electric Utility Vehicle Market Revenues & Volume, By Lead Acid, 2021-2031F |
6.1.3 Lithuania Electric Utility Vehicle Market Revenues & Volume, By Lithium-Ion, 2021-2031F |
6.2 Lithuania Electric Utility Vehicle Market, By Drive Type |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Electric Utility Vehicle Market Revenues & Volume, By 2WD, 2021-2031F |
6.2.3 Lithuania Electric Utility Vehicle Market Revenues & Volume, By 4WD, 2021-2031F |
6.2.4 Lithuania Electric Utility Vehicle Market Revenues & Volume, By AWD, 2021-2031F |
6.3 Lithuania Electric Utility Vehicle Market, By Propulsion |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Electric Utility Vehicle Market Revenues & Volume, By Pure Electric, 2021-2031F |
6.3.3 Lithuania Electric Utility Vehicle Market Revenues & Volume, By Hybrid Electric, 2021-2031F |
7 Lithuania Electric Utility Vehicle Market Import-Export Trade Statistics |
7.1 Lithuania Electric Utility Vehicle Market Export to Major Countries |
7.2 Lithuania Electric Utility Vehicle Market Imports from Major Countries |
8 Lithuania Electric Utility Vehicle Market Key Performance Indicators |
8.1 Average number of new charging stations installed per month in Lithuania |
8.2 Percentage increase in government budget allocation for electric vehicle promotion initiatives |
8.3 Growth in the number of utility companies transitioning to electric vehicle fleets |
8.4 Increase in the average driving range of electric utility vehicles over time |
8.5 Percentage decrease in the cost of electric utility vehicles compared to traditional vehicles |
9 Lithuania Electric Utility Vehicle Market - Opportunity Assessment |
9.1 Lithuania Electric Utility Vehicle Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
9.2 Lithuania Electric Utility Vehicle Market Opportunity Assessment, By Drive Type, 2021 & 2031F |
9.3 Lithuania Electric Utility Vehicle Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
10 Lithuania Electric Utility Vehicle Market - Competitive Landscape |
10.1 Lithuania Electric Utility Vehicle Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Electric Utility Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |