| Product Code: ETC5772639 | 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 |
Lithuania`s heat pump import market in 2024 saw major contributions from Ireland, Germany, China, Italy, and Metropolitan France. Despite the low Herfindahl-Hirschman Index (HHI) indicating a lack of concentration among suppliers, the compound annual growth rate (CAGR) from 2020 to 2024 remained steady at 1.55%. However, there was a notable decline in growth rate from 2023 to 2024, recording a -16.48% decrease. This data suggests a dynamic market with diverse sources of imports, albeit with some recent challenges impacting the growth trajectory.

By 2027, the Heat Pump market in Lithuania is anticipated to reach a growth rate of 3.91%, 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 Heat Pump Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Heat Pump Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Heat Pump Market - Industry Life Cycle |
3.4 Lithuania Heat Pump Market - Porter's Five Forces |
3.5 Lithuania Heat Pump Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lithuania Heat Pump Market Revenues & Volume Share, By Refrigerant, 2021 & 2031F |
3.7 Lithuania Heat Pump Market Revenues & Volume Share, By Rated Capacity, 2021 & 2031F |
3.8 Lithuania Heat Pump Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Lithuania Heat Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about energy efficiency and environmental sustainability |
4.2.2 Government initiatives and subsidies promoting the adoption of heat pumps |
4.2.3 Rising energy prices leading to a shift towards more energy-efficient heating solutions |
4.3 Market Restraints |
4.3.1 Initial high installation costs of heat pump systems |
4.3.2 Lack of skilled professionals for installation and maintenance of heat pumps |
4.3.3 Limited consumer awareness and understanding of heat pump technology |
5 Lithuania Heat Pump Market Trends |
6 Lithuania Heat Pump Market Segmentations |
6.1 Lithuania Heat Pump Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Heat Pump Market Revenues & Volume, By Air-to-Air, 2021-2031F |
6.1.3 Lithuania Heat Pump Market Revenues & Volume, By Air-to-Water, 2021-2031F |
6.1.4 Lithuania Heat Pump Market Revenues & Volume, By Water Source, 2021-2031F |
6.1.5 Lithuania Heat Pump Market Revenues & Volume, By Geothermal, 2021-2031F |
6.1.6 Lithuania Heat Pump Market Revenues & Volume, By Hybrid, 2021-2031F |
6.2 Lithuania Heat Pump Market, By Refrigerant |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Heat Pump Market Revenues & Volume, By R410A, 2021-2031F |
6.2.3 Lithuania Heat Pump Market Revenues & Volume, By R407C, 2021-2031F |
6.2.4 Lithuania Heat Pump Market Revenues & Volume, By R744, 2021-2031F |
6.3 Lithuania Heat Pump Market, By Rated Capacity |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Heat Pump Market Revenues & Volume, By Up to 10 kW, 2021-2031F |
6.3.3 Lithuania Heat Pump Market Revenues & Volume, By 10-20 kW, 2021-2031F |
6.3.4 Lithuania Heat Pump Market Revenues & Volume, By 20-30 kW, 2021-2031F |
6.3.5 Lithuania Heat Pump Market Revenues & Volume, By >30 kW, 2021-2031F |
6.4 Lithuania Heat Pump Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Heat Pump Market Revenues & Volume, By Residential, 2021-2031F |
6.4.3 Lithuania Heat Pump Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.4 Lithuania Heat Pump Market Revenues & Volume, By Industrial, 2021-2031F |
7 Lithuania Heat Pump Market Import-Export Trade Statistics |
7.1 Lithuania Heat Pump Market Export to Major Countries |
7.2 Lithuania Heat Pump Market Imports from Major Countries |
8 Lithuania Heat Pump Market Key Performance Indicators |
8.1 Number of government incentives and subsidies supporting heat pump installations |
8.2 Energy savings achieved through heat pump usage |
8.3 Number of certified professionals in heat pump installation and maintenance |
8.4 Growth in the number of residential and commercial buildings adopting heat pump technology |
8.5 Reduction in carbon emissions attributed to heat pump usage |
9 Lithuania Heat Pump Market - Opportunity Assessment |
9.1 Lithuania Heat Pump Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lithuania Heat Pump Market Opportunity Assessment, By Refrigerant, 2021 & 2031F |
9.3 Lithuania Heat Pump Market Opportunity Assessment, By Rated Capacity, 2021 & 2031F |
9.4 Lithuania Heat Pump Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Lithuania Heat Pump Market - Competitive Landscape |
10.1 Lithuania Heat Pump Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Heat Pump 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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