| Product Code: ETC5217516 | 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 |
Lithuania`s steam turbine import market in 2024 was dominated by top exporters such as Poland, Austria, Germany, Denmark, and Belgium. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the market saw a significant decline with a Compound Annual Growth Rate (CAGR) of -35.98% from 2020 to 2024. The growth rate from 2023 to 2024 plummeted even further to -77.64%, reflecting challenging conditions in the industry. Stakeholders should closely monitor these trends and adapt strategies to navigate the evolving landscape of the Lithuanian steam turbine import market.

By 2027, the Steam Turbine market in Lithuania is anticipated to reach a growth rate of 1.49%, 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 Steam Turbine Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Steam Turbine Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Steam Turbine Market - Industry Life Cycle |
3.4 Lithuania Steam Turbine Market - Porter's Five Forces |
3.5 Lithuania Steam Turbine Market Revenues & Volume Share, By Design, 2021 & 2031F |
3.6 Lithuania Steam Turbine Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Lithuania Steam Turbine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for renewable energy sources in Lithuania |
4.2.2 Government initiatives to promote energy efficiency and sustainability |
4.2.3 Growth in industrial and manufacturing sectors driving the demand for steam turbines |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with steam turbine technology |
4.3.2 Fluctuating raw material prices impacting production costs |
4.3.3 Technological advancements leading to the adoption of alternative energy sources |
5 Lithuania Steam Turbine Market Trends |
6 Lithuania Steam Turbine Market Segmentations |
6.1 Lithuania Steam Turbine Market, By Design |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Steam Turbine Market Revenues & Volume, By Reaction, 2021-2031F |
6.1.3 Lithuania Steam Turbine Market Revenues & Volume, By Impulse, 2021-2031F |
6.2 Lithuania Steam Turbine Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Steam Turbine Market Revenues & Volume, By Others, 2021-2031F |
6.2.3 Lithuania Steam Turbine Market Revenues & Volume, By Power Generation, 2021-2031F |
6.2.4 Lithuania Steam Turbine Market Revenues & Volume, By Petrochemical, 2021-2031F |
6.2.5 Lithuania Steam Turbine Market Revenues & Volume, By Oil And Gas, 2021-2031F |
7 Lithuania Steam Turbine Market Import-Export Trade Statistics |
7.1 Lithuania Steam Turbine Market Export to Major Countries |
7.2 Lithuania Steam Turbine Market Imports from Major Countries |
8 Lithuania Steam Turbine Market Key Performance Indicators |
8.1 Average capacity utilization rate of steam turbines in Lithuania |
8.2 Percentage of energy generated from steam turbines compared to total energy consumption |
8.3 Number of new installations of steam turbines in key industries in Lithuania |
8.4 Efficiency improvement rate of steam turbine technology |
8.5 Rate of adoption of steam turbines in residential and commercial sectors |
9 Lithuania Steam Turbine Market - Opportunity Assessment |
9.1 Lithuania Steam Turbine Market Opportunity Assessment, By Design, 2021 & 2031F |
9.2 Lithuania Steam Turbine Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Lithuania Steam Turbine Market - Competitive Landscape |
10.1 Lithuania Steam Turbine Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Steam Turbine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |