| Product Code: ETC4659581 | 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 |
In 2024, Lithuania continued to see a steady growth in heat pump imports, with key suppliers including China, Metropolitan France, Germany, Sweden, and Czechia. The Herfindahl-Hirschman Index (HHI) indicated moderate concentration in the market. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period from 2020 to 2024 remained strong at 8.26%. This data suggests a stable market for heat pump imports in Lithuania, with diverse sources contributing to the overall growth trajectory.

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 Pumps Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Heat Pumps Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Heat Pumps Market - Industry Life Cycle |
3.4 Lithuania Heat Pumps Market - Porter's Five Forces |
3.5 Lithuania Heat Pumps Market Revenues & Volume Share, By Rated Capacity, 2021 & 2031F |
3.6 Lithuania Heat Pumps Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Lithuania Heat Pumps Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Lithuania Heat Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about environmental issues and the need for sustainable heating solutions |
4.2.2 Government initiatives and regulations promoting the use of renewable energy sources |
4.2.3 Rising energy costs driving the demand for energy-efficient heating solutions |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with heat pump installation |
4.3.2 Limited consumer awareness and understanding of heat pump technology |
4.3.3 Lack of skilled professionals for installation and maintenance of heat pumps |
5 Lithuania Heat Pumps Market Trends |
6 Lithuania Heat Pumps Market Segmentations |
6.1 Lithuania Heat Pumps Market, By Rated Capacity |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Heat Pumps Market Revenues & Volume, By Up to 10 kW, 2021-2031F |
6.1.3 Lithuania Heat Pumps Market Revenues & Volume, By 10? ??20 kW, 2021-2031F |
6.1.4 Lithuania Heat Pumps Market Revenues & Volume, By 20? ??30 kW, 2021-2031F |
6.1.5 Lithuania Heat Pumps Market Revenues & Volume, By Above 30 kW, 2021-2031F |
6.2 Lithuania Heat Pumps Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Heat Pumps Market Revenues & Volume, By Air-to-Air, 2021-2031F |
6.2.3 Lithuania Heat Pumps Market Revenues & Volume, By Air-to-Water, 2021-2031F |
6.3 Lithuania Heat Pumps Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Heat Pumps Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Lithuania Heat Pumps Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.4 Lithuania Heat Pumps Market Revenues & Volume, By Hospitality, 2021-2031F |
6.3.5 Lithuania Heat Pumps Market Revenues & Volume, By Retail, 2021-2031F |
6.3.6 Lithuania Heat Pumps Market Revenues & Volume, By Education, 2021-2031F |
6.3.7 Lithuania Heat Pumps Market Revenues & Volume, By Industrial, 2021-2031F |
7 Lithuania Heat Pumps Market Import-Export Trade Statistics |
7.1 Lithuania Heat Pumps Market Export to Major Countries |
7.2 Lithuania Heat Pumps Market Imports from Major Countries |
8 Lithuania Heat Pumps Market Key Performance Indicators |
8.1 Number of government incentives and subsidies supporting the adoption of heat pumps |
8.2 Growth in the number of heat pump installations in residential and commercial buildings |
8.3 Energy savings achieved through the use of heat pumps |
8.4 Increase in the number of training programs for professionals in the heat pump industry |
8.5 Adoption rate of heat pumps compared to traditional heating systems |
9 Lithuania Heat Pumps Market - Opportunity Assessment |
9.1 Lithuania Heat Pumps Market Opportunity Assessment, By Rated Capacity, 2021 & 2031F |
9.2 Lithuania Heat Pumps Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Lithuania Heat Pumps Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Lithuania Heat Pumps Market - Competitive Landscape |
10.1 Lithuania Heat Pumps Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Heat Pumps 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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