| Product Code: ETC5137716 | 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 small wind turbine import market in Lithuania saw significant growth in 2024, with Germany, India, Italy, Austria, and Czechia emerging as the top exporting countries. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), increased from high to very high in 2024, indicating a more consolidated market landscape. The impressive compound annual growth rate (CAGR) of 53.08% from 2020 to 2024 highlights the strong demand for small wind turbines in Lithuania. Moreover, the growth rate of 16.16% from 2023 to 2024 suggests continued momentum in the market.

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 Small Wind Turbine Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Small Wind Turbine Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Small Wind Turbine Market - Industry Life Cycle |
3.4 Lithuania Small Wind Turbine Market - Porter's Five Forces |
3.5 Lithuania Small Wind Turbine Market Revenues & Volume Share, By Axis Type, 2021 & 2031F |
3.6 Lithuania Small Wind Turbine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lithuania Small Wind Turbine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and subsidies for renewable energy projects |
4.2.2 Increasing focus on energy security and reducing carbon footprint |
4.2.3 Technological advancements in small wind turbine design and efficiency |
4.3 Market Restraints |
4.3.1 High initial investment costs |
4.3.2 Limited availability of suitable wind resources in certain regions of Lithuania |
4.3.3 Challenges in obtaining permits and approvals for small wind turbine installations |
5 Lithuania Small Wind Turbine Market Trends |
6 Lithuania Small Wind Turbine Market Segmentations |
6.1 Lithuania Small Wind Turbine Market, By Axis Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Small Wind Turbine Market Revenues & Volume, By Horizontal Axis Wind Turbine, 2021-2031F |
6.1.3 Lithuania Small Wind Turbine Market Revenues & Volume, By Vertical Axis Wind Turbine, 2021-2031F |
6.2 Lithuania Small Wind Turbine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Small Wind Turbine Market Revenues & Volume, By On-grid, 2021-2031F |
6.2.3 Lithuania Small Wind Turbine Market Revenues & Volume, By Off-grid, 2021-2031F |
7 Lithuania Small Wind Turbine Market Import-Export Trade Statistics |
7.1 Lithuania Small Wind Turbine Market Export to Major Countries |
7.2 Lithuania Small Wind Turbine Market Imports from Major Countries |
8 Lithuania Small Wind Turbine Market Key Performance Indicators |
8.1 Average capacity factor of small wind turbines in Lithuania |
8.2 Number of new installations of small wind turbines per year |
8.3 Levelized cost of energy (LCOE) for small wind turbine projects in Lithuania |
9 Lithuania Small Wind Turbine Market - Opportunity Assessment |
9.1 Lithuania Small Wind Turbine Market Opportunity Assessment, By Axis Type, 2021 & 2031F |
9.2 Lithuania Small Wind Turbine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lithuania Small Wind Turbine Market - Competitive Landscape |
10.1 Lithuania Small Wind Turbine Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Small Wind Turbine 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.
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