| Product Code: ETC4729273 | 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 | |
The marine wind turbine import shipments to Lithuania in 2024 saw significant growth with a high Herfindahl-Hirschman Index (HHI), indicating a very concentrated market. The top exporting countries, such as Germany, India, Italy, Austria, and Czechia, played a major role in supplying wind turbines to Lithuania. The impressive Compound Annual Growth Rate (CAGR) of 53.08% from 2020 to 2024 highlights the increasing demand for renewable energy sources. Moreover, the growth rate of 16.16% from 2023 to 2024 signifies a continued upward trajectory in the import of marine wind turbines, showcasing a promising market outlook for the industry 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 Marine Wind Turbine Market Overview | 
| 3.1 Lithuania Country Macro Economic Indicators | 
| 3.2 Lithuania Marine Wind Turbine Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Lithuania Marine Wind Turbine Market - Industry Life Cycle | 
| 3.4 Lithuania Marine Wind Turbine Market - Porter's Five Forces | 
| 3.5 Lithuania Marine Wind Turbine Market Revenues & Volume Share, By Product, 2021 & 2031F | 
| 3.6 Lithuania Marine Wind Turbine Market Revenues & Volume Share, By Axis, 2021 & 2031F | 
| 3.7 Lithuania Marine Wind Turbine Market Revenues & Volume Share, By Base, 2021 & 2031F | 
| 4 Lithuania Marine Wind Turbine Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing focus on renewable energy sources and sustainability goals in Lithuania | 
| 4.2.2 Government incentives and policies supporting the development of marine wind energy projects | 
| 4.2.3 Technological advancements and cost reductions in marine wind turbine technology | 
| 4.3 Market Restraints | 
| 4.3.1 High initial investment costs for setting up marine wind turbine projects | 
| 4.3.2 Challenges related to grid integration and infrastructure development | 
| 4.3.3 Environmental concerns and potential impact on marine ecosystems | 
| 5 Lithuania Marine Wind Turbine Market Trends | 
| 6 Lithuania Marine Wind Turbine Market Segmentations | 
| 6.1 Lithuania Marine Wind Turbine Market, By Product | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Lithuania Marine Wind Turbine Market Revenues & Volume, By Single systems, 2021-2031F | 
| 6.1.3 Lithuania Marine Wind Turbine Market Revenues & Volume, By Hybrid systems, 2021-2031F | 
| 6.2 Lithuania Marine Wind Turbine Market, By Axis | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Lithuania Marine Wind Turbine Market Revenues & Volume, By Vertical axis wind turbine, 2021-2031F | 
| 6.2.3 Lithuania Marine Wind Turbine Market Revenues & Volume, By Horizontal axis wind turbine, 2021-2031F | 
| 6.3 Lithuania Marine Wind Turbine Market, By Base | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Lithuania Marine Wind Turbine Market Revenues & Volume, By Monopole base, 2021-2031F | 
| 6.3.3 Lithuania Marine Wind Turbine Market Revenues & Volume, By Tripod base, 2021-2031F | 
| 7 Lithuania Marine Wind Turbine Market Import-Export Trade Statistics | 
| 7.1 Lithuania Marine Wind Turbine Market Export to Major Countries | 
| 7.2 Lithuania Marine Wind Turbine Market Imports from Major Countries | 
| 8 Lithuania Marine Wind Turbine Market Key Performance Indicators | 
| 8.1 Average capacity factor of marine wind turbines in Lithuania | 
| 8.2 Number of new marine wind turbine installations in a given period | 
| 8.3 Efficiency improvements in marine wind turbine technology | 
| 9 Lithuania Marine Wind Turbine Market - Opportunity Assessment | 
| 9.1 Lithuania Marine Wind Turbine Market Opportunity Assessment, By Product, 2021 & 2031F | 
| 9.2 Lithuania Marine Wind Turbine Market Opportunity Assessment, By Axis, 2021 & 2031F | 
| 9.3 Lithuania Marine Wind Turbine Market Opportunity Assessment, By Base, 2021 & 2031F | 
| 10 Lithuania Marine Wind Turbine Market - Competitive Landscape | 
| 10.1 Lithuania Marine Wind Turbine Market Revenue Share, By Companies, 2024 | 
| 10.2 Lithuania Marine Wind Turbine Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 13 Disclaimer |