| Product Code: ETC12534138 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Lithuania continued to source lighting and distribution panel board imports mainly from China, Germany, Poland, Other European countries, and the USA. The market showed a low concentration with a Herfindahl-Hirschman Index (HHI) remaining very low. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) of 2.58% over the period of 2020-2024 indicates steady growth in the import market for these products. This data suggests a stable and diverse supply chain for lighting and distribution panel board products 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 Lighting and Distribution Panel Board Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Lighting and Distribution Panel Board Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Lighting and Distribution Panel Board Market - Industry Life Cycle |
3.4 Lithuania Lighting and Distribution Panel Board Market - Porter's Five Forces |
3.5 Lithuania Lighting and Distribution Panel Board Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lithuania Lighting and Distribution Panel Board Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Lithuania Lighting and Distribution Panel Board Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Lithuania Lighting and Distribution Panel Board Market Revenues & Volume Share, By Device, 2021 & 2031F |
4 Lithuania Lighting and Distribution Panel Board Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction industry in Lithuania leading to increased demand for lighting and distribution panel boards |
4.2.2 Government initiatives promoting energy efficiency and sustainability driving adoption of advanced lighting and distribution panel board technologies |
4.2.3 Expansion of commercial and industrial sectors in Lithuania creating opportunities for lighting and distribution panel board market growth |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting production costs and pricing of lighting and distribution panel boards |
4.3.2 Competition from alternative energy sources like solar power affecting the demand for traditional lighting and distribution panel board products |
4.3.3 Economic uncertainties and fluctuations in currency exchange rates affecting investment decisions in the market |
5 Lithuania Lighting and Distribution Panel Board Market Trends |
6 Lithuania Lighting and Distribution Panel Board Market, By Types |
6.1 Lithuania Lighting and Distribution Panel Board Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Lighting and Distribution Panel Board Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Lithuania Lighting and Distribution Panel Board Market Revenues & Volume, By Lighting, 2021 - 2031F |
6.1.4 Lithuania Lighting and Distribution Panel Board Market Revenues & Volume, By Distribution, 2021 - 2031F |
6.2 Lithuania Lighting and Distribution Panel Board Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Lighting and Distribution Panel Board Market Revenues & Volume, By Residential, 2021 - 2031F |
6.2.3 Lithuania Lighting and Distribution Panel Board Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.2.4 Lithuania Lighting and Distribution Panel Board Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3 Lithuania Lighting and Distribution Panel Board Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Lighting and Distribution Panel Board Market Revenues & Volume, By Buildings, 2021 - 2031F |
6.3.3 Lithuania Lighting and Distribution Panel Board Market Revenues & Volume, By Manufacturing Facilities, 2021 - 2031F |
6.3.4 Lithuania Lighting and Distribution Panel Board Market Revenues & Volume, By Healthcare Facilities, 2021 - 2031F |
6.3.5 Lithuania Lighting and Distribution Panel Board Market Revenues & Volume, By Educational Institutions, 2021 - 2031F |
6.4 Lithuania Lighting and Distribution Panel Board Market, By Device |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Lighting and Distribution Panel Board Market Revenues & Volume, By Box, 2021 - 2031F |
6.4.3 Lithuania Lighting and Distribution Panel Board Market Revenues & Volume, By Bus Bars, 2021 - 2031F |
6.4.4 Lithuania Lighting and Distribution Panel Board Market Revenues & Volume, By Enclosure, 2021 - 2031F |
6.4.5 Lithuania Lighting and Distribution Panel Board Market Revenues & Volume, By Others, 2021 - 2031F |
7 Lithuania Lighting and Distribution Panel Board Market Import-Export Trade Statistics |
7.1 Lithuania Lighting and Distribution Panel Board Market Export to Major Countries |
7.2 Lithuania Lighting and Distribution Panel Board Market Imports from Major Countries |
8 Lithuania Lighting and Distribution Panel Board Market Key Performance Indicators |
8.1 Energy efficiency rating of lighting and distribution panel boards |
8.2 Adoption rate of smart lighting technologies in Lithuania |
8.3 Number of new construction projects using advanced lighting and distribution panel board solutions |
8.4 Percentage of market revenue generated from commercial and industrial sectors |
8.5 Innovation rate in the development of lighting and distribution panel board products |
9 Lithuania Lighting and Distribution Panel Board Market - Opportunity Assessment |
9.1 Lithuania Lighting and Distribution Panel Board Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lithuania Lighting and Distribution Panel Board Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Lithuania Lighting and Distribution Panel Board Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Lithuania Lighting and Distribution Panel Board Market Opportunity Assessment, By Device, 2021 & 2031F |
10 Lithuania Lighting and Distribution Panel Board Market - Competitive Landscape |
10.1 Lithuania Lighting and Distribution Panel Board Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Lighting and Distribution Panel Board 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.
To discover high-growth global markets and optimize your business strategy:
Click Here