| Product Code: ETC4697087 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Lithuania continued to import gas turbines primarily from the USA, New Zealand, Mexico, and Norway, with notable exclusions such as Svalbard and Jan Mayen, Russia. The market remains highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 10.84%, showcasing a positive trend in demand. However, there was a significant decline in growth rate from 2023 to 2024 at -50.18%, suggesting potential market challenges or fluctuations in the import landscape.
By 2027, the Gas turbine market in Lithuania is anticipated to reach a growth rate of 0.75%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Gas turbine Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Gas turbine Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Gas turbine Market - Industry Life Cycle |
3.4 Lithuania Gas turbine Market - Porter's Five Forces |
3.5 Lithuania Gas turbine Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Lithuania Gas turbine Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Lithuania Gas turbine Market Revenues & Volume Share, By Design Type, 2021 & 2031F |
3.8 Lithuania Gas turbine Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
4 Lithuania Gas turbine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Lithuania Gas turbine Market Trends |
6 Lithuania Gas turbine Market Segmentations |
6.1 Lithuania Gas turbine Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Gas turbine Market Revenues & Volume, By Open Cycle, 2021-2031F |
6.1.3 Lithuania Gas turbine Market Revenues & Volume, By Combined Cycle, 2021-2031F |
6.2 Lithuania Gas turbine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Gas turbine Market Revenues & Volume, By Power Generation, 2021-2031F |
6.2.3 Lithuania Gas turbine Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.4 Lithuania Gas turbine Market Revenues & Volume, By Other, 2021-2031F |
6.2.10 Lithuania Gas turbine Market Revenues & Volume, By Application, 2021-2031F |
6.3 Lithuania Gas turbine Market, By Design Type |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Gas turbine Market Revenues & Volume, By Heavy Duty, 2021-2031F |
6.3.3 Lithuania Gas turbine Market Revenues & Volume, By Aeroderivative, 2021-2031F |
6.4 Lithuania Gas turbine Market, By Capacity |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Gas turbine Market Revenues & Volume, By ? 200 MW, 2021-2031F |
6.4.3 Lithuania Gas turbine Market Revenues & Volume, By >200 MW, 2021-2031F |
7 Lithuania Gas turbine Market Import-Export Trade Statistics |
7.1 Lithuania Gas turbine Market Export to Major Countries |
7.2 Lithuania Gas turbine Market Imports from Major Countries |
8 Lithuania Gas turbine Market Key Performance Indicators |
9 Lithuania Gas turbine Market - Opportunity Assessment |
9.1 Lithuania Gas turbine Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Lithuania Gas turbine Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Lithuania Gas turbine Market Opportunity Assessment, By Design Type, 2021 & 2031F |
9.4 Lithuania Gas turbine Market Opportunity Assessment, By Capacity, 2021 & 2031F |
10 Lithuania Gas turbine Market - Competitive Landscape |
10.1 Lithuania Gas turbine Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Gas turbine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |