| Product Code: ETC8054506 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Lithuania continued to rely heavily on wind turbine imports, with key suppliers including Germany, India, Austria, Czechia, and China. The market exhibited a high concentration level, as indicated by the Herfindahl-Hirschman Index (HHI). The impressive compound annual growth rate (CAGR) of 48.22% from 2020 to 2024 underscores the growing demand for wind turbines in Lithuania. Furthermore, the robust growth rate of 40.94% from 2023 to 2024 suggests a sustained momentum in the market, highlighting opportunities for both suppliers and local stakeholders to capitalize on this upward trend.

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 Wind Turbine Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Wind Turbine Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Wind Turbine Market - Industry Life Cycle |
3.4 Lithuania Wind Turbine Market - Porter's Five Forces |
3.5 Lithuania Wind Turbine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lithuania Wind Turbine Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.7 Lithuania Wind Turbine Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 Lithuania Wind Turbine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lithuania Wind Turbine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government support and incentives for renewable energy projects |
4.2.2 Increasing focus on reducing carbon emissions and transitioning to cleaner energy sources |
4.2.3 Technological advancements in wind turbine technology |
4.3 Market Restraints |
4.3.1 High initial investment costs for wind turbine installations |
4.3.2 Challenges in grid integration and intermittency of wind power |
4.3.3 Limited availability of suitable land for wind farm development |
5 Lithuania Wind Turbine Market Trends |
6 Lithuania Wind Turbine Market, By Types |
6.1 Lithuania Wind Turbine Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Wind Turbine Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Lithuania Wind Turbine Market Revenues & Volume, By Horizontal, 2021- 2031F |
6.1.4 Lithuania Wind Turbine Market Revenues & Volume, By Vertical, 2021- 2031F |
6.2 Lithuania Wind Turbine Market, By Installation |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Wind Turbine Market Revenues & Volume, By Onshore, 2021- 2031F |
6.2.3 Lithuania Wind Turbine Market Revenues & Volume, By Offshore, 2021- 2031F |
6.3 Lithuania Wind Turbine Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Wind Turbine Market Revenues & Volume, By Rotator Blade, 2021- 2031F |
6.3.3 Lithuania Wind Turbine Market Revenues & Volume, By Gearbox, 2021- 2031F |
6.3.4 Lithuania Wind Turbine Market Revenues & Volume, By Generator, 2021- 2031F |
6.3.5 Lithuania Wind Turbine Market Revenues & Volume, By Nacelle, 2021- 2031F |
6.3.6 Lithuania Wind Turbine Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Lithuania Wind Turbine Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Wind Turbine Market Revenues & Volume, By Industrial, 2021- 2031F |
6.4.3 Lithuania Wind Turbine Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4.4 Lithuania Wind Turbine Market Revenues & Volume, By Residential, 2021- 2031F |
6.4.5 Lithuania Wind Turbine Market Revenues & Volume, By Utility, 2021- 2031F |
7 Lithuania Wind Turbine Market Import-Export Trade Statistics |
7.1 Lithuania Wind Turbine Market Export to Major Countries |
7.2 Lithuania Wind Turbine Market Imports from Major Countries |
8 Lithuania Wind Turbine Market Key Performance Indicators |
8.1 Capacity utilization rate of wind turbines |
8.2 Average wind speed at key wind turbine locations |
8.3 Levelized cost of electricity (LCOE) for wind energy production |
8.4 Number of new wind turbine installations |
8.5 Wind energy contribution to the overall energy mix of Lithuania |
9 Lithuania Wind Turbine Market - Opportunity Assessment |
9.1 Lithuania Wind Turbine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lithuania Wind Turbine Market Opportunity Assessment, By Installation, 2021 & 2031F |
9.3 Lithuania Wind Turbine Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 Lithuania Wind Turbine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lithuania Wind Turbine Market - Competitive Landscape |
10.1 Lithuania Wind Turbine Market Revenue Share, By Companies, 2024 |
10.2 Lithuania 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.
To discover high-growth global markets and optimize your business strategy:
Click Here