| Product Code: ETC4947393 | 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 continued to see a steady increase in the import of motor vehicle braking system parts, with top exporters being Poland, Germany, Finland, China, and Denmark. The market showed moderate concentration levels according to the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at a strong 9.16%, indicating sustained growth in this sector. Despite a slightly lower growth rate of 0.79% from 2023 to 2024, the overall trend points towards a healthy and expanding market for motor vehicle braking system parts 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 Motor Vehicle Braking System Parts Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Motor Vehicle Braking System Parts Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Motor Vehicle Braking System Parts Market - Industry Life Cycle |
3.4 Lithuania Motor Vehicle Braking System Parts Market - Porter's Five Forces |
3.5 Lithuania Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Lithuania Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Brake Pad Material Type, 2021 & 2031F |
3.7 Lithuania Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.8 Lithuania Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Lithuania Motor Vehicle Braking System Parts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for vehicle safety features |
4.2.2 Technological advancements in braking systems |
4.2.3 Growth in the automotive industry in Lithuania |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Strict regulations and standards for automotive safety |
4.3.3 Competition from alternative braking technologies |
5 Lithuania Motor Vehicle Braking System Parts Market Trends |
6 Lithuania Motor Vehicle Braking System Parts Market Segmentations |
6.1 Lithuania Motor Vehicle Braking System Parts Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Motor Vehicle Braking System Parts Market Revenues & Volume, By Disc Brakes, 2021-2031F |
6.1.3 Lithuania Motor Vehicle Braking System Parts Market Revenues & Volume, By Drum Brakes, 2021-2031F |
6.2 Lithuania Motor Vehicle Braking System Parts Market, By Brake Pad Material Type |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Motor Vehicle Braking System Parts Market Revenues & Volume, By Organic, 2021-2031F |
6.2.3 Lithuania Motor Vehicle Braking System Parts Market Revenues & Volume, By Metallic, 2021-2031F |
6.2.4 Lithuania Motor Vehicle Braking System Parts Market Revenues & Volume, By Ceramic, 2021-2031F |
6.3 Lithuania Motor Vehicle Braking System Parts Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Motor Vehicle Braking System Parts Market Revenues & Volume, By Original Equipment Manufacturers (OEM), 2021-2031F |
6.3.3 Lithuania Motor Vehicle Braking System Parts Market Revenues & Volume, By Aftermarket, 2021-2031F |
6.4 Lithuania Motor Vehicle Braking System Parts Market, By Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Motor Vehicle Braking System Parts Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.4.3 Lithuania Motor Vehicle Braking System Parts Market Revenues & Volume, By Commercial Vehicles, 2021-2031F |
7 Lithuania Motor Vehicle Braking System Parts Market Import-Export Trade Statistics |
7.1 Lithuania Motor Vehicle Braking System Parts Market Export to Major Countries |
7.2 Lithuania Motor Vehicle Braking System Parts Market Imports from Major Countries |
8 Lithuania Motor Vehicle Braking System Parts Market Key Performance Indicators |
8.1 Adoption rate of advanced braking systems in vehicles |
8.2 Number of vehicles on the road in Lithuania |
8.3 Investment in research and development for braking system parts innovation |
9 Lithuania Motor Vehicle Braking System Parts Market - Opportunity Assessment |
9.1 Lithuania Motor Vehicle Braking System Parts Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Lithuania Motor Vehicle Braking System Parts Market Opportunity Assessment, By Brake Pad Material Type, 2021 & 2031F |
9.3 Lithuania Motor Vehicle Braking System Parts Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.4 Lithuania Motor Vehicle Braking System Parts Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Lithuania Motor Vehicle Braking System Parts Market - Competitive Landscape |
10.1 Lithuania Motor Vehicle Braking System Parts Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Motor Vehicle Braking System Parts 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