| Product Code: ETC5765723 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Lithuania saw a steady increase in submarine power cable imports, with top exporting countries being Poland, Sweden, Estonia, Bosnia Herzegovina, and Ukraine. The market exhibited low concentration levels, as indicated by the Herfindahl-Hirschman Index (HHI). Despite a strong compound annual growth rate (CAGR) of 9.99% from 2020 to 2024, there was a slight decline in the growth rate from 2023 to 2024 (-7.8%). This data suggests a dynamic market environment with opportunities for both domestic and international suppliers to compete and thrive in the Lithuanian submarine power cable 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 Submarine Power Cable Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Submarine Power Cable Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Submarine Power Cable Market - Industry Life Cycle |
3.4 Lithuania Submarine Power Cable Market - Porter's Five Forces |
3.5 Lithuania Submarine Power Cable Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lithuania Submarine Power Cable Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.7 Lithuania Submarine Power Cable Market Revenues & Volume Share, By Conductor Material, 2021 & 2031F |
3.8 Lithuania Submarine Power Cable Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Lithuania Submarine Power Cable Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable and efficient power transmission solutions |
4.2.2 Growing focus on renewable energy sources like offshore wind farms |
4.2.3 Government initiatives promoting energy security and infrastructure development |
4.3 Market Restraints |
4.3.1 High initial investment and installation costs |
4.3.2 Technical challenges and complexities associated with underwater cable installations |
4.3.3 Potential environmental impact and regulatory hurdles |
5 Lithuania Submarine Power Cable Market Trends |
6 Lithuania Submarine Power Cable Market Segmentations |
6.1 Lithuania Submarine Power Cable Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Submarine Power Cable Market Revenues & Volume, By Single, 2021-2031F |
6.1.3 Lithuania Submarine Power Cable Market Revenues & Volume, By Multicore, 2021-2031F |
6.2 Lithuania Submarine Power Cable Market, By Voltage |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Submarine Power Cable Market Revenues & Volume, By Medium, 2021-2031F |
6.2.3 Lithuania Submarine Power Cable Market Revenues & Volume, By High, 2021-2031F |
6.3 Lithuania Submarine Power Cable Market, By Conductor Material |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Submarine Power Cable Market Revenues & Volume, By Copper, 2021-2031F |
6.3.3 Lithuania Submarine Power Cable Market Revenues & Volume, By Aluminum, 2021-2031F |
6.4 Lithuania Submarine Power Cable Market, By End-User |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Submarine Power Cable Market Revenues & Volume, By Offshore wind? power generation, 2021-2031F |
6.4.3 Lithuania Submarine Power Cable Market Revenues & Volume, By Inter-country and island connection, 2021-2031F |
6.4.4 Lithuania Submarine Power Cable Market Revenues & Volume, By Offshore oil & gas, 2021-2031F |
7 Lithuania Submarine Power Cable Market Import-Export Trade Statistics |
7.1 Lithuania Submarine Power Cable Market Export to Major Countries |
7.2 Lithuania Submarine Power Cable Market Imports from Major Countries |
8 Lithuania Submarine Power Cable Market Key Performance Indicators |
8.1 Average project completion time for submarine power cable installations |
8.2 Number of new offshore wind farms connected through submarine power cables |
8.3 Rate of adoption of advanced technologies in submarine power cable manufacturing and installation processes |
9 Lithuania Submarine Power Cable Market - Opportunity Assessment |
9.1 Lithuania Submarine Power Cable Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lithuania Submarine Power Cable Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.3 Lithuania Submarine Power Cable Market Opportunity Assessment, By Conductor Material, 2021 & 2031F |
9.4 Lithuania Submarine Power Cable Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Lithuania Submarine Power Cable Market - Competitive Landscape |
10.1 Lithuania Submarine Power Cable Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Submarine Power Cable Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |