| Product Code: ETC8041562 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Lithuania`s import shipments of GNSS-enabled consumer devices in 2024 saw a diverse range of top exporting countries including China, Denmark, Poland, Germany, and the USA. Despite this diversity, market concentration remained low with a Herfindahl-Hirschman Index (HHI) indicating a competitive landscape. The sector exhibited strong growth with a Compound Annual Growth Rate (CAGR) of 19.13% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -4.55%, signaling potential shifts in consumer preferences or market dynamics.

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 GNSS Enabled Consumer Device Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania GNSS Enabled Consumer Device Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania GNSS Enabled Consumer Device Market - Industry Life Cycle |
3.4 Lithuania GNSS Enabled Consumer Device Market - Porter's Five Forces |
3.5 Lithuania GNSS Enabled Consumer Device Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
4 Lithuania GNSS Enabled Consumer Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for location-based services and navigation applications |
4.2.2 Advancements in GNSS technology leading to improved accuracy and performance of consumer devices |
4.2.3 Growing adoption of wearable GNSS devices for fitness and outdoor activities |
4.3 Market Restraints |
4.3.1 High initial costs associated with GNSS-enabled consumer devices |
4.3.2 Limited awareness and understanding of GNSS technology among consumers |
4.3.3 Concerns regarding privacy and data security related to location tracking |
5 Lithuania GNSS Enabled Consumer Device Market Trends |
6 Lithuania GNSS Enabled Consumer Device Market, By Types |
6.1 Lithuania GNSS Enabled Consumer Device Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania GNSS Enabled Consumer Device Market Revenues & Volume, By Device Type, 2021- 2031F |
6.1.3 Lithuania GNSS Enabled Consumer Device Market Revenues & Volume, By Smartphones, 2021- 2031F |
6.1.4 Lithuania GNSS Enabled Consumer Device Market Revenues & Volume, By Tablets & Wearables, 2021- 2031F |
6.1.5 Lithuania GNSS Enabled Consumer Device Market Revenues & Volume, By Personal Tracking Devices, 2021- 2031F |
6.1.6 Lithuania GNSS Enabled Consumer Device Market Revenues & Volume, By Low-power Asset Trackers, 2021- 2031F |
7 Lithuania GNSS Enabled Consumer Device Market Import-Export Trade Statistics |
7.1 Lithuania GNSS Enabled Consumer Device Market Export to Major Countries |
7.2 Lithuania GNSS Enabled Consumer Device Market Imports from Major Countries |
8 Lithuania GNSS Enabled Consumer Device Market Key Performance Indicators |
8.1 Average time spent using GNSS-enabled consumer devices per user |
8.2 Adoption rate of GNSS technology in new consumer devices |
8.3 Percentage increase in the number of location-based apps using GNSS technology |
9 Lithuania GNSS Enabled Consumer Device Market - Opportunity Assessment |
9.1 Lithuania GNSS Enabled Consumer Device Market Opportunity Assessment, By Device Type, 2021 & 2031F |
10 Lithuania GNSS Enabled Consumer Device Market - Competitive Landscape |
10.1 Lithuania GNSS Enabled Consumer Device Market Revenue Share, By Companies, 2024 |
10.2 Lithuania GNSS Enabled Consumer Device 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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