| Product Code: ETC5125081 | 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 saw a steady growth in industrial brakes import shipments with top exporting countries being Poland, Germany, Finland, China, and Denmark. The market remained moderately concentrated with a Herfindahl-Hirschman Index (HHI) reflecting stability. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 9.16%, indicating sustained market expansion. Although the growth rate from 2023 to 2024 slightly dipped to 0.79%, the overall trend showcases a positive trajectory for industrial brakes imports in Lithuania.

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 Industrial Brakes Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Industrial Brakes Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Industrial Brakes Market - Industry Life Cycle |
3.4 Lithuania Industrial Brakes Market - Porter's Five Forces |
3.5 Lithuania Industrial Brakes Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Lithuania Industrial Brakes Market Revenues & Volume Share, By Actuation Type, 2021 & 2031F |
3.7 Lithuania Industrial Brakes Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
3.8 Lithuania Industrial Brakes Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Lithuania Industrial Brakes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization in Lithuania leading to higher demand for industrial brakes |
4.2.2 Adoption of advanced technologies in manufacturing processes driving the need for efficient industrial brakes |
4.2.3 Growing focus on workplace safety and regulations mandating the use of high-quality industrial brakes |
4.3 Market Restraints |
4.3.1 Economic fluctuations impacting investment in industrial equipment including brakes |
4.3.2 Intense competition among industrial brake manufacturers leading to pricing pressures |
4.3.3 Lack of skilled workforce for maintenance and installation of industrial brakes |
5 Lithuania Industrial Brakes Market Trends |
6 Lithuania Industrial Brakes Market Segmentations |
6.1 Lithuania Industrial Brakes Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Industrial Brakes Market Revenues & Volume, By Disc Brakes, 2021-2031F |
6.1.3 Lithuania Industrial Brakes Market Revenues & Volume, By Drum Brakes, 2021-2031F |
6.2 Lithuania Industrial Brakes Market, By Actuation Type |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Industrial Brakes Market Revenues & Volume, By Mechanical, 2021-2031F |
6.2.3 Lithuania Industrial Brakes Market Revenues & Volume, By Hydraulic, 2021-2031F |
6.2.4 Lithuania Industrial Brakes Market Revenues & Volume, By Pneumatic, 2021-2031F |
6.2.5 Lithuania Industrial Brakes Market Revenues & Volume, By Electric, 2021-2031F |
6.2.6 Lithuania Industrial Brakes Market Revenues & Volume, By Spring, 2021-2031F |
6.3 Lithuania Industrial Brakes Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Industrial Brakes Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.3.3 Lithuania Industrial Brakes Market Revenues & Volume, By Construction, 2021-2031F |
6.3.4 Lithuania Industrial Brakes Market Revenues & Volume, By Mining, 2021-2031F |
6.3.5 Lithuania Industrial Brakes Market Revenues & Volume, By Marine and Shipping, 2021-2031F |
6.3.6 Lithuania Industrial Brakes Market Revenues & Volume, By Power and Energy, 2021-2031F |
6.3.7 Lithuania Industrial Brakes Market Revenues & Volume, By Others, 2021-2031F |
6.4 Lithuania Industrial Brakes Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Industrial Brakes Market Revenues & Volume, By Direct, 2021-2031F |
6.4.3 Lithuania Industrial Brakes Market Revenues & Volume, By Indirect, 2021-2031F |
7 Lithuania Industrial Brakes Market Import-Export Trade Statistics |
7.1 Lithuania Industrial Brakes Market Export to Major Countries |
7.2 Lithuania Industrial Brakes Market Imports from Major Countries |
8 Lithuania Industrial Brakes Market Key Performance Indicators |
8.1 Number of new industrial projects in Lithuania |
8.2 Adoption rate of advanced braking technologies in industrial sectors |
8.3 Compliance rate with safety regulations related to industrial brakes |
8.4 Maintenance and service contracts for industrial brake systems |
8.5 Rate of industrial accidents related to malfunctioning brakes |
9 Lithuania Industrial Brakes Market - Opportunity Assessment |
9.1 Lithuania Industrial Brakes Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Lithuania Industrial Brakes Market Opportunity Assessment, By Actuation Type, 2021 & 2031F |
9.3 Lithuania Industrial Brakes Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
9.4 Lithuania Industrial Brakes Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Lithuania Industrial Brakes Market - Competitive Landscape |
10.1 Lithuania Industrial Brakes Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Industrial Brakes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |