| Product Code: ETC5605857 | 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 |
In 2024, Lithuania saw significant imports of GPS tracking devices from diverse countries such as China, Denmark, Poland, Germany, and the USA. Despite the variety of sources, the market remained relatively unconcentrated with a low Herfindahl-Hirschman Index (HHI). The industry experienced robust 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%, indicating a potential shift or adjustment in the market dynamics during that period.
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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 GPS Tracking Device Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania GPS Tracking Device Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania GPS Tracking Device Market - Industry Life Cycle |
3.4 Lithuania GPS Tracking Device Market - Porter's Five Forces |
3.5 Lithuania GPS Tracking Device Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lithuania GPS Tracking Device Market Revenues & Volume Share, By Deployment Type, 2021 & 2031F |
3.7 Lithuania GPS Tracking Device Market Revenues & Volume Share, By Industry , 2021 & 2031F |
3.8 Lithuania GPS Tracking Device Market Revenues & Volume Share, By , 2021 & 2031F |
4 Lithuania GPS Tracking Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fleet management solutions |
4.2.2 Rising concerns about vehicle theft and safety |
4.2.3 Growing adoption of IoT technology in transportation industry |
4.3 Market Restraints |
4.3.1 High initial investment and installation costs |
4.3.2 Data privacy and security concerns |
4.3.3 Limited awareness and understanding of GPS tracking technology among small businesses |
5 Lithuania GPS Tracking Device Market Trends |
6 Lithuania GPS Tracking Device Market Segmentations |
6.1 Lithuania GPS Tracking Device Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania GPS Tracking Device Market Revenues & Volume, By Standalone Trackers, 2021-2031F |
6.1.3 Lithuania GPS Tracking Device Market Revenues & Volume, By OBD Devices, 2021-2031F |
6.1.4 Lithuania GPS Tracking Device Market Revenues & Volume, By Advance Trackers, 2021-2031F |
6.2 Lithuania GPS Tracking Device Market, By Deployment Type |
6.2.1 Overview and Analysis |
6.2.2 Lithuania GPS Tracking Device Market Revenues & Volume, By Commercial Vehicle, 2021-2031F |
6.2.3 Lithuania GPS Tracking Device Market Revenues & Volume, By Cargo & Container, 2021-2031F |
6.3 Lithuania GPS Tracking Device Market, By Industry |
6.3.1 Overview and Analysis |
6.3.2 Lithuania GPS Tracking Device Market Revenues & Volume, By Transportation & Logistics, 2021-2031F |
6.3.3 Lithuania GPS Tracking Device Market Revenues & Volume, By Construction, 2021-2031F |
6.3.4 Lithuania GPS Tracking Device Market Revenues & Volume, By Government, 2021-2031F |
6.3.5 Lithuania GPS Tracking Device Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.6 Lithuania GPS Tracking Device Market Revenues & Volume, By Metals & Mining, 2021-2031F |
6.3.7 Lithuania GPS Tracking Device Market Revenues & Volume, By Others, 2021-2031F |
6.4 Lithuania GPS Tracking Device Market, By |
6.4.1 Overview and Analysis |
7 Lithuania GPS Tracking Device Market Import-Export Trade Statistics |
7.1 Lithuania GPS Tracking Device Market Export to Major Countries |
7.2 Lithuania GPS Tracking Device Market Imports from Major Countries |
8 Lithuania GPS Tracking Device Market Key Performance Indicators |
8.1 Average number of vehicles equipped with GPS tracking devices per company |
8.2 Rate of adoption of GPS tracking technology in the transportation sector |
8.3 Percentage of companies utilizing GPS tracking devices for fleet management |
8.4 Average cost savings or efficiency gains realized by companies using GPS tracking devices |
8.5 Number of partnerships and collaborations between GPS tracking device providers and fleet management companies |
9 Lithuania GPS Tracking Device Market - Opportunity Assessment |
9.1 Lithuania GPS Tracking Device Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lithuania GPS Tracking Device Market Opportunity Assessment, By Deployment Type, 2021 & 2031F |
9.3 Lithuania GPS Tracking Device Market Opportunity Assessment, By Industry , 2021 & 2031F |
9.4 Lithuania GPS Tracking Device Market Opportunity Assessment, By , 2021 & 2031F |
10 Lithuania GPS Tracking Device Market - Competitive Landscape |
10.1 Lithuania GPS Tracking Device Market Revenue Share, By Companies, 2024 |
10.2 Lithuania GPS Tracking Device Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |