| Product Code: ETC4832614 | 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 |
Lithuania`s electric vehicle battery import market saw significant growth in 2024, with top exporters being Poland, Finland, Germany, Czechia, and Ukraine. Despite the increasing imports, the market remains competitive with a low Herfindahl-Hirschman Index (HHI) concentration. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a robust 9.81%, with a notable growth rate of 14.65% from 2023 to 2024. This data indicates a promising trend for the electric vehicle battery market in Lithuania, driven by diverse import sources and strong growth rates.

In the Europe region, the Electric Vehicle Battery market in Lithuania is projected to expand at a growing growth rate of 9.83% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Vehicle Battery Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Electric Vehicle Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Electric Vehicle Battery Market - Industry Life Cycle |
3.4 Lithuania Electric Vehicle Battery Market - Porter's Five Forces |
3.5 Lithuania Electric Vehicle Battery Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Lithuania Electric Vehicle Battery Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
3.7 Lithuania Electric Vehicle Battery Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
4 Lithuania Electric Vehicle Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing environmental awareness and government initiatives promoting electric vehicles |
4.2.2 Technological advancements leading to increased efficiency and affordability of electric vehicle batteries |
4.2.3 Rising fuel prices driving the demand for electric vehicles and consequently electric vehicle batteries |
4.3 Market Restraints |
4.3.1 Limited charging infrastructure hindering the adoption of electric vehicles |
4.3.2 High initial costs associated with electric vehicles and batteries |
4.3.3 Concerns about the range and durability of electric vehicle batteries |
5 Lithuania Electric Vehicle Battery Market Trends |
6 Lithuania Electric Vehicle Battery Market Segmentations |
6.1 Lithuania Electric Vehicle Battery Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Electric Vehicle Battery Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.1.3 Lithuania Electric Vehicle Battery Market Revenues & Volume, By Commercial Vehicle, 2021-2031F |
6.1.4 Lithuania Electric Vehicle Battery Market Revenues & Volume, By Two-Wheeler, 2021-2031F |
6.2 Lithuania Electric Vehicle Battery Market, By Propulsion Type |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Electric Vehicle Battery Market Revenues & Volume, By Battery Electric Vehicle, 2021-2031F |
6.2.3 Lithuania Electric Vehicle Battery Market Revenues & Volume, By Hybrid Electric Vehicle, 2021-2031F |
6.2.4 Lithuania Electric Vehicle Battery Market Revenues & Volume, By Plug-in Hybrid Electric Vehicle, 2021-2031F |
6.3 Lithuania Electric Vehicle Battery Market, By Battery Type |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Electric Vehicle Battery Market Revenues & Volume, By Lead Acid Battery, 2021-2031F |
6.3.3 Lithuania Electric Vehicle Battery Market Revenues & Volume, By Nickel Metal Hydride Battery, 2021-2031F |
6.3.4 Lithuania Electric Vehicle Battery Market Revenues & Volume, By Lithium ion Battery, 2021-2031F |
7 Lithuania Electric Vehicle Battery Market Import-Export Trade Statistics |
7.1 Lithuania Electric Vehicle Battery Market Export to Major Countries |
7.2 Lithuania Electric Vehicle Battery Market Imports from Major Countries |
8 Lithuania Electric Vehicle Battery Market Key Performance Indicators |
8.1 Average battery lifespan of electric vehicles in Lithuania |
8.2 Number of public charging stations for electric vehicles |
8.3 Percentage of government incentives and subsidies allocated to promote electric vehicle adoption |
9 Lithuania Electric Vehicle Battery Market - Opportunity Assessment |
9.1 Lithuania Electric Vehicle Battery Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Lithuania Electric Vehicle Battery Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
9.3 Lithuania Electric Vehicle Battery Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
10 Lithuania Electric Vehicle Battery Market - Competitive Landscape |
10.1 Lithuania Electric Vehicle Battery Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Electric Vehicle Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |