| Product Code: ETC4729273 | 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 |
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 |