| Product Code: ETC5756014 | 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 | |
Lithuania`s residential energy storage import market saw steady growth in 2024, with top exporters including Poland, Finland, and Germany. The market remained competitive with low concentration, indicating a diverse range of suppliers. The impressive Compound Annual Growth Rate (CAGR) of 7.39% from 2020 to 2024, coupled with a notable growth rate of 7.7% in 2023-24, highlights the increasing demand for residential energy storage solutions in Lithuania. This trend suggests a promising outlook for the market and opportunities for both domestic and international players to capitalize on this growing sector.
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 Residential Energy Storage Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Residential Energy Storage Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Residential Energy Storage Market - Industry Life Cycle |
3.4 Lithuania Residential Energy Storage Market - Porter's Five Forces |
3.5 Lithuania Residential Energy Storage Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Lithuania Residential Energy Storage Market Revenues & Volume Share, By Utility, 2021 & 2031F |
3.7 Lithuania Residential Energy Storage Market Revenues & Volume Share, By Connectivity Type, 2021 & 2031F |
3.8 Lithuania Residential Energy Storage Market Revenues & Volume Share, By Ownership Type, 2021 & 2031F |
3.9 Lithuania Residential Energy Storage Market Revenues & Volume Share, By Operation Type, 2021 & 2031F |
4 Lithuania Residential Energy Storage Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness and adoption of renewable energy sources in Lithuania |
4.2.2 Government initiatives promoting energy efficiency and sustainability |
4.2.3 Increasing electricity prices leading to higher demand for energy storage solutions |
4.3 Market Restraints |
4.3.1 High initial investment costs for residential energy storage systems |
4.3.2 Lack of standardized regulations and policies for energy storage in residential sector |
4.3.3 Limited availability of skilled professionals for installation and maintenance of energy storage systems |
5 Lithuania Residential Energy Storage Market Trends |
6 Lithuania Residential Energy Storage Market Segmentations |
6.1 Lithuania Residential Energy Storage Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Residential Energy Storage Market Revenues & Volume, By Lead-Acid, 2021-2031F |
6.1.3 Lithuania Residential Energy Storage Market Revenues & Volume, By Lithium-Ion, 2021-2031F |
6.2 Lithuania Residential Energy Storage Market, By Utility |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Residential Energy Storage Market Revenues & Volume, By 3 kW to <6 kW, 2021-2031F |
6.2.3 Lithuania Residential Energy Storage Market Revenues & Volume, By 6 kW to <10 kW, 2021-2031F |
6.2.4 Lithuania Residential Energy Storage Market Revenues & Volume, By 10 kW to 29 kW, 2021-2031F |
6.3 Lithuania Residential Energy Storage Market, By Connectivity Type |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Residential Energy Storage Market Revenues & Volume, By On-Grid, 2021-2031F |
6.3.3 Lithuania Residential Energy Storage Market Revenues & Volume, By Off-Grid, 2021-2031F |
6.4 Lithuania Residential Energy Storage Market, By Ownership Type |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Residential Energy Storage Market Revenues & Volume, By Customer-Owned, 2021-2031F |
6.4.3 Lithuania Residential Energy Storage Market Revenues & Volume, By Utility-Owned, 2021-2031F |
6.4.4 Lithuania Residential Energy Storage Market Revenues & Volume, By Third-Party Owned, 2021-2031F |
6.5 Lithuania Residential Energy Storage Market, By Operation Type |
6.5.1 Overview and Analysis |
6.5.2 Lithuania Residential Energy Storage Market Revenues & Volume, By Operation Type, 2021-2031F |
6.5.3 Lithuania Residential Energy Storage Market Revenues & Volume, By Operation Type, 2021-2031F |
7 Lithuania Residential Energy Storage Market Import-Export Trade Statistics |
7.1 Lithuania Residential Energy Storage Market Export to Major Countries |
7.2 Lithuania Residential Energy Storage Market Imports from Major Countries |
8 Lithuania Residential Energy Storage Market Key Performance Indicators |
8.1 Average number of residential solar panel installations per month |
8.2 Percentage of households using smart energy management systems |
8.3 Average annual savings on electricity bills for households with energy storage systems |
8.4 Number of energy storage system manufacturers and suppliers entering the Lithuanian market |
8.5 Percentage increase in residential energy storage capacity installed annually |
9 Lithuania Residential Energy Storage Market - Opportunity Assessment |
9.1 Lithuania Residential Energy Storage Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Lithuania Residential Energy Storage Market Opportunity Assessment, By Utility, 2021 & 2031F |
9.3 Lithuania Residential Energy Storage Market Opportunity Assessment, By Connectivity Type, 2021 & 2031F |
9.4 Lithuania Residential Energy Storage Market Opportunity Assessment, By Ownership Type, 2021 & 2031F |
9.5 Lithuania Residential Energy Storage Market Opportunity Assessment, By Operation Type, 2021 & 2031F |
10 Lithuania Residential Energy Storage Market - Competitive Landscape |
10.1 Lithuania Residential Energy Storage Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Residential Energy Storage Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |