| Product Code: ETC5125214 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The industrial gearbox import shipments in Lithuania saw a decline in both the CAGR and growth rate from 2020 to 2024, with a significant drop of -11.29% in 2024. Despite this, the market continues to witness diverse sources of imports, with Spain, Italy, Poland, Germany, and Finland emerging as the top exporting countries in 2024. The market also experienced a shift towards lower concentration levels, indicating a more competitive landscape and potentially offering opportunities for market expansion and innovation in the coming years.
By 2027, the Industrial Gearbox market in Lithuania is anticipated to reach a growth rate of 4.17%, 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 Industrial Gearbox Market Overview  | 
3.1 Lithuania Country Macro Economic Indicators  | 
3.2 Lithuania Industrial Gearbox Market Revenues & Volume, 2021 & 2031F  | 
3.3 Lithuania Industrial Gearbox Market - Industry Life Cycle  | 
3.4 Lithuania Industrial Gearbox Market - Porter's Five Forces  | 
3.5 Lithuania Industrial Gearbox Market Revenues & Volume Share, By Type, 2021 & 2031F  | 
3.6 Lithuania Industrial Gearbox Market Revenues & Volume Share, By Design, 2021 & 2031F  | 
3.7 Lithuania Industrial Gearbox Market Revenues & Volume Share, By End-user, 2021 & 2031F  | 
4 Lithuania Industrial Gearbox Market Dynamics  | 
4.1 Impact Analysis  | 
4.2 Market Drivers  | 
4.2.1 Increasing demand for automation in industrial processes  | 
4.2.2 Growth in the manufacturing sector in Lithuania  | 
4.2.3 Technological advancements in gearbox design and efficiency  | 
4.3 Market Restraints  | 
4.3.1 High initial investment costs for industrial gearboxes  | 
4.3.2 Fluctuations in raw material prices affecting manufacturing costs  | 
5 Lithuania Industrial Gearbox Market Trends  | 
6 Lithuania Industrial Gearbox Market Segmentations  | 
6.1 Lithuania Industrial Gearbox Market, By Type  | 
6.1.1 Overview and Analysis  | 
6.1.2 Lithuania Industrial Gearbox Market Revenues & Volume, By Helical Industrial Gearbox, 2021-2031F  | 
6.1.3 Lithuania Industrial Gearbox Market Revenues & Volume, By Planetary Industrial Gearbox, 2021-2031F  | 
6.1.4 Lithuania Industrial Gearbox Market Revenues & Volume, By Bevel Industrial Gearbox, 2021-2031F  | 
6.1.5 Lithuania Industrial Gearbox Market Revenues & Volume, By Worm Industrial Gearbox, 2021-2031F  | 
6.1.6 Lithuania Industrial Gearbox Market Revenues & Volume, By Screw Industrial Gearbox, 2021-2031F  | 
6.1.7 Lithuania Industrial Gearbox Market Revenues & Volume, By Others, 2021-2031F  | 
6.2 Lithuania Industrial Gearbox Market, By Design  | 
6.2.1 Overview and Analysis  | 
6.2.2 Lithuania Industrial Gearbox Market Revenues & Volume, By Parallel Axis, 2021-2031F  | 
6.2.3 Lithuania Industrial Gearbox Market Revenues & Volume, By Angled Axis, 2021-2031F  | 
6.2.4 Lithuania Industrial Gearbox Market Revenues & Volume, By Others, 2021-2031F  | 
6.3 Lithuania Industrial Gearbox Market, By End-user  | 
6.3.1 Overview and Analysis  | 
6.3.2 Lithuania Industrial Gearbox Market Revenues & Volume, By Material Handling, 2021-2031F  | 
6.3.3 Lithuania Industrial Gearbox Market Revenues & Volume, By Automotive, 2021-2031F  | 
6.3.4 Lithuania Industrial Gearbox Market Revenues & Volume, By Construction, 2021-2031F  | 
6.3.5 Lithuania Industrial Gearbox Market Revenues & Volume, By Power Generation, 2021-2031F  | 
6.3.6 Lithuania Industrial Gearbox Market Revenues & Volume, By Mining, 2021-2031F  | 
6.3.7 Lithuania Industrial Gearbox Market Revenues & Volume, By Food & Beverages, 2021-2031F  | 
6.3.8 Lithuania Industrial Gearbox Market Revenues & Volume, By Agriculture, 2021-2031F  | 
6.3.9 Lithuania Industrial Gearbox Market Revenues & Volume, By Agriculture, 2021-2031F  | 
7 Lithuania Industrial Gearbox Market Import-Export Trade Statistics  | 
7.1 Lithuania Industrial Gearbox Market Export to Major Countries  | 
7.2 Lithuania Industrial Gearbox Market Imports from Major Countries  | 
8 Lithuania Industrial Gearbox Market Key Performance Indicators  | 
8.1 Average order value per customer  | 
8.2 Percentage of repeat customers  | 
8.3 Rate of adoption of advanced gearbox technologies  | 
8.4 Average downtime due to gearbox maintenance  | 
8.5 Number of new product developments in the gearbox market  | 
9 Lithuania Industrial Gearbox Market - Opportunity Assessment  | 
9.1 Lithuania Industrial Gearbox Market Opportunity Assessment, By Type, 2021 & 2031F  | 
9.2 Lithuania Industrial Gearbox Market Opportunity Assessment, By Design, 2021 & 2031F  | 
9.3 Lithuania Industrial Gearbox Market Opportunity Assessment, By End-user, 2021 & 2031F  | 
10 Lithuania Industrial Gearbox Market - Competitive Landscape  | 
10.1 Lithuania Industrial Gearbox Market Revenue Share, By Companies, 2024  | 
10.2 Lithuania Industrial Gearbox Market Competitive Benchmarking, By Operating and Technical Parameters  | 
11 Company Profiles  | 
12 Recommendations  | 13 Disclaimer  |