| Product Code: ETC4958565 | 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 heavily rely on imports for smart electric meters, with top exporters China, Metropolitan France, Latvia, Slovenia, and Sweden dominating the market. Despite high concentration levels indicated by the HHI index, the industry saw impressive growth with a CAGR of 71.4% from 2020 to 2024. However, there was a noticeable decline in growth rate from 2023 to 2024 at -27.42%, indicating potential shifts in the market dynamics that importers and stakeholders should monitor closely.

By 2027, the Smart Electric Meter market in Lithuania is anticipated to reach a growth rate of 0.83%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Smart Electric Meter Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Smart Electric Meter Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Smart Electric Meter Market - Industry Life Cycle |
3.4 Lithuania Smart Electric Meter Market - Porter's Five Forces |
3.5 Lithuania Smart Electric Meter Market Revenues & Volume Share, By Phase, 2021 & 2031F |
3.6 Lithuania Smart Electric Meter Market Revenues & Volume Share, By Communication Technology Type, 2021 & 2031F |
3.7 Lithuania Smart Electric Meter Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 Lithuania Smart Electric Meter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives promoting energy efficiency and smart grid technologies |
4.2.2 Increasing focus on renewable energy integration |
4.2.3 Growing demand for real-time energy monitoring and management |
4.3 Market Restraints |
4.3.1 High initial installation costs of smart electric meters |
4.3.2 Lack of awareness and understanding among consumers about the benefits of smart electric meters |
4.3.3 Data privacy and security concerns related to smart metering systems |
5 Lithuania Smart Electric Meter Market Trends |
6 Lithuania Smart Electric Meter Market Segmentations |
6.1 Lithuania Smart Electric Meter Market, By Phase |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Smart Electric Meter Market Revenues & Volume, By Single, 2021-2031F |
6.1.3 Lithuania Smart Electric Meter Market Revenues & Volume, By Three, 2021-2031F |
6.2 Lithuania Smart Electric Meter Market, By Communication Technology Type |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Smart Electric Meter Market Revenues & Volume, By Power Line Communication (PLC), 2021-2031F |
6.2.3 Lithuania Smart Electric Meter Market Revenues & Volume, By Radio Frequency (RF), 2021-2031F |
6.2.4 Lithuania Smart Electric Meter Market Revenues & Volume, By Cellular, 2021-2031F |
6.3 Lithuania Smart Electric Meter Market, By End-Users |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Smart Electric Meter Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.3 Lithuania Smart Electric Meter Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.4 Lithuania Smart Electric Meter Market Revenues & Volume, By Residential, 2021-2031F |
7 Lithuania Smart Electric Meter Market Import-Export Trade Statistics |
7.1 Lithuania Smart Electric Meter Market Export to Major Countries |
7.2 Lithuania Smart Electric Meter Market Imports from Major Countries |
8 Lithuania Smart Electric Meter Market Key Performance Indicators |
8.1 Percentage increase in the adoption rate of smart electric meters |
8.2 Energy savings achieved through smart meter installations |
8.3 Reduction in peak energy demand due to smart meter usage |
9 Lithuania Smart Electric Meter Market - Opportunity Assessment |
9.1 Lithuania Smart Electric Meter Market Opportunity Assessment, By Phase, 2021 & 2031F |
9.2 Lithuania Smart Electric Meter Market Opportunity Assessment, By Communication Technology Type, 2021 & 2031F |
9.3 Lithuania Smart Electric Meter Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 Lithuania Smart Electric Meter Market - Competitive Landscape |
10.1 Lithuania Smart Electric Meter Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Smart Electric Meter 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