Key Market Indicators
Lithuanian Semiconductor Revenue is projected to climb to roughly €46 million by 2028, up from approximately €36 million in 2023. This marks an average annual growth rate of 3.8%. Since 2010, Lithuania's semiconductor market has consistently expanded at an annual rate of 3.8%. In 2023, Lithuania ranked sixth in the European semiconductor market. Leading the pack, the Netherlands recorded a revenue of €36 million, just ahead of Lithuania. France, Germany, and Spain followed in the rankings, occupying the second, third, and fourth positions respectively.