| Product Code: ETC8050573 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Lithuania`s rotary drilling rig import market in 2024 continued to be dominated by key exporters such as the USA, Germany, and Finland. Despite facing a challenging CAGR of -13.48% over the period of 2020-2024, the market showed a slight growth rate of 0.09% from 2023 to 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, possibly leading to limited competition. It will be interesting to monitor how these trends evolve in the coming years and if any shifts occur in the competitive landscape of rotary drilling rig imports to 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 Rotary Drilling Rig Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Rotary Drilling Rig Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Rotary Drilling Rig Market - Industry Life Cycle |
3.4 Lithuania Rotary Drilling Rig Market - Porter's Five Forces |
3.5 Lithuania Rotary Drilling Rig Market Revenues & Volume Share, By Deployement, 2021 & 2031F |
3.6 Lithuania Rotary Drilling Rig Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lithuania Rotary Drilling Rig Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for infrastructure development projects in Lithuania |
4.2.2 Technological advancements in rotary drilling rigs leading to improved efficiency and performance |
4.2.3 Growing investments in the construction and mining sectors in Lithuania |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with purchasing and maintaining rotary drilling rigs |
4.3.2 Regulatory challenges and compliance requirements in the construction industry in Lithuania |
5 Lithuania Rotary Drilling Rig Market Trends |
6 Lithuania Rotary Drilling Rig Market, By Types |
6.1 Lithuania Rotary Drilling Rig Market, By Deployement |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Rotary Drilling Rig Market Revenues & Volume, By Deployement, 2021- 2031F |
6.1.3 Lithuania Rotary Drilling Rig Market Revenues & Volume, By Onshore, 2021- 2031F |
6.1.4 Lithuania Rotary Drilling Rig Market Revenues & Volume, By Offshore, 2021- 2031F |
6.2 Lithuania Rotary Drilling Rig Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Rotary Drilling Rig Market Revenues & Volume, By Oil And Gas, 2021- 2031F |
6.2.3 Lithuania Rotary Drilling Rig Market Revenues & Volume, By Mining, 2021- 2031F |
6.2.4 Lithuania Rotary Drilling Rig Market Revenues & Volume, By Others, 2021- 2031F |
7 Lithuania Rotary Drilling Rig Market Import-Export Trade Statistics |
7.1 Lithuania Rotary Drilling Rig Market Export to Major Countries |
7.2 Lithuania Rotary Drilling Rig Market Imports from Major Countries |
8 Lithuania Rotary Drilling Rig Market Key Performance Indicators |
8.1 Average utilization rate of rotary drilling rigs in Lithuania |
8.2 Percentage of infrastructure projects using rotary drilling rigs |
8.3 Adoption rate of advanced features and technologies in rotary drilling rigs in Lithuania |
9 Lithuania Rotary Drilling Rig Market - Opportunity Assessment |
9.1 Lithuania Rotary Drilling Rig Market Opportunity Assessment, By Deployement, 2021 & 2031F |
9.2 Lithuania Rotary Drilling Rig Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lithuania Rotary Drilling Rig Market - Competitive Landscape |
10.1 Lithuania Rotary Drilling Rig Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Rotary Drilling Rig Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |