Key Market Indicators
Lithuanian Electronics Revenue is projected to surge to approximately €489 million by 2028, up from €425 million in 2023. This growth marks an average annual increase of 2.2%. Since 2010, the Lithuanian market has experienced a steady rise, with an average annual growth rate of 0.8%. In 2023, Lithuania ranked 27th in the global electronics market. Estonia outpaced Lithuania with a revenue of €425 million. Leading the rankings were Italy, France, and Poland, securing the second, third, and fourth positions respectively.