| Product Code: ETC5400790 | 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 | |
Lithuania`s hoist import shipments in 2024 saw a shift in concentration levels from moderate to low, indicating a more diversified import market. Top exporting countries like Germany, India, and China continue to play significant roles in supplying hoists to Lithuania. Despite a challenging CAGR of -17.22% from 2020 to 2024, the growth rate improved slightly in 2024 with a decline of -10.36% compared to the previous year. This data suggests a potential stabilization in the market and opportunities for further growth and development in the hoist import sector in Lithuania.
In the Europe region, the Hoist market in Lithuania is projected to expand at a stable growth rate of 3.31% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Hoist Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Hoist Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Hoist Market - Industry Life Cycle |
3.4 Lithuania Hoist Market - Porter's Five Forces |
3.5 Lithuania Hoist Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Lithuania Hoist Market Revenues & Volume Share, By Operation, 2021 & 2031F |
3.7 Lithuania Hoist Market Revenues & Volume Share, By Hoist Rope, 2021 & 2031F |
3.8 Lithuania Hoist Market Revenues & Volume Share, By Capacity (LBS), 2021 & 2031F |
3.9 Lithuania Hoist Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 Lithuania Hoist Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.11 Lithuania Hoist Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Lithuania Hoist Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for material handling equipment in various industries such as manufacturing, construction, and logistics. |
4.2.2 Growing emphasis on workplace safety regulations leading to the adoption of advanced hoist systems. |
4.2.3 Infrastructure development projects driving the demand for hoists in construction activities. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with the procurement and installation of hoist systems. |
4.3.2 Limited availability of skilled labor for operating and maintaining hoists. |
4.3.3 Volatility in raw material prices affecting the overall cost of production for hoist manufacturers. |
5 Lithuania Hoist Market Trends |
6 Lithuania Hoist Market Segmentations |
6.1 Lithuania Hoist Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Hoist Market Revenues & Volume, By Planetary Gear, 2021-2031F |
6.1.3 Lithuania Hoist Market Revenues & Volume, By Worm Gear, 2021-2031F |
6.1.4 Lithuania Hoist Market Revenues & Volume, By Others, 2021-2031F |
6.2 Lithuania Hoist Market, By Operation |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Hoist Market Revenues & Volume, By Hydraulic, 2021-2031F |
6.2.3 Lithuania Hoist Market Revenues & Volume, By Electric, 2021-2031F |
6.2.4 Lithuania Hoist Market Revenues & Volume, By Pneumatic, 2021-2031F |
6.2.5 Lithuania Hoist Market Revenues & Volume, By Manual, 2021-2031F |
6.3 Lithuania Hoist Market, By Hoist Rope |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Hoist Market Revenues & Volume, By Chain Hoist, 2021-2031F |
6.3.3 Lithuania Hoist Market Revenues & Volume, By Wire or Rope Hoist, 2021-2031F |
6.4 Lithuania Hoist Market, By Capacity (LBS) |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Hoist Market Revenues & Volume, By Up to 1000 lbs, 2021-2031F |
6.4.3 Lithuania Hoist Market Revenues & Volume, By 1000 lbs to 2000 lbs, 2021-2031F |
6.4.4 Lithuania Hoist Market Revenues & Volume, By 2000 lbs to 4000 lbs, 2021-2031F |
6.4.5 Lithuania Hoist Market Revenues & Volume, By 4000 lbs to 6000 lbs, 2021-2031F |
6.4.6 Lithuania Hoist Market Revenues & Volume, By 6000 lbs to 8000 lbs, 2021-2031F |
6.4.7 Lithuania Hoist Market Revenues & Volume, By 8000 lbs to 10000 lbs, 2021-2031F |
6.4.8 Lithuania Hoist Market Revenues & Volume, By 12000 lbs to 16000 lbs, 2021-2031F |
6.4.9 Lithuania Hoist Market Revenues & Volume, By 12000 lbs to 16000 lbs, 2021-2031F |
6.5 Lithuania Hoist Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Lithuania Hoist Market Revenues & Volume, By Commercial Recovery, 2021-2031F |
6.5.3 Lithuania Hoist Market Revenues & Volume, By Cranes, 2021-2031F |
6.5.4 Lithuania Hoist Market Revenues & Volume, By Fixed Cranes, 2021-2031F |
6.5.5 Lithuania Hoist Market Revenues & Volume, By Mobile Cranes, 2021-2031F |
6.5.6 Lithuania Hoist Market Revenues & Volume, By Workboats, 2021-2031F |
6.5.7 Lithuania Hoist Market Revenues & Volume, By Utility, 2021-2031F |
6.6 Lithuania Hoist Market, By End-use |
6.6.1 Overview and Analysis |
6.6.2 Lithuania Hoist Market Revenues & Volume, By Automotive & Railway, 2021-2031F |
6.6.3 Lithuania Hoist Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.6.4 Lithuania Hoist Market Revenues & Volume, By Transportation & Logistics, 2021-2031F |
6.6.5 Lithuania Hoist Market Revenues & Volume, By Construction, 2021-2031F |
6.6.6 Lithuania Hoist Market Revenues & Volume, By Shipping & Marine, 2021-2031F |
6.6.7 Lithuania Hoist Market Revenues & Volume, By Material Handling, 2021-2031F |
6.6.8 Lithuania Hoist Market Revenues & Volume, By Mining, 2021-2031F |
6.6.9 Lithuania Hoist Market Revenues & Volume, By Mining, 2021-2031F |
6.7 Lithuania Hoist Market, By Distribution Channel |
6.7.1 Overview and Analysis |
6.7.2 Lithuania Hoist Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.7.3 Lithuania Hoist Market Revenues & Volume, By Indirect Sales, 2021-2031F |
7 Lithuania Hoist Market Import-Export Trade Statistics |
7.1 Lithuania Hoist Market Export to Major Countries |
7.2 Lithuania Hoist Market Imports from Major Countries |
8 Lithuania Hoist Market Key Performance Indicators |
8.1 Average utilization rate of hoist systems in the Lithuanian market. |
8.2 Rate of adoption of IoT-enabled hoist systems for improved efficiency. |
8.3 Number of new product innovations introduced in the Lithuania hoist market. |
8.4 Customer satisfaction index regarding the performance and reliability of hoist systems. |
8.5 Percentage of hoist system breakdowns and maintenance frequency. |
9 Lithuania Hoist Market - Opportunity Assessment |
9.1 Lithuania Hoist Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Lithuania Hoist Market Opportunity Assessment, By Operation, 2021 & 2031F |
9.3 Lithuania Hoist Market Opportunity Assessment, By Hoist Rope, 2021 & 2031F |
9.4 Lithuania Hoist Market Opportunity Assessment, By Capacity (LBS), 2021 & 2031F |
9.5 Lithuania Hoist Market Opportunity Assessment, By Application, 2021 & 2031F |
9.6 Lithuania Hoist Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.7 Lithuania Hoist Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Lithuania Hoist Market - Competitive Landscape |
10.1 Lithuania Hoist Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Hoist Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |