Industry Statistics and Rankings
How does this industry perform in Lithuania compared to Europe?
Country Benchmarking
Industry Data Lithuania
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#33 In EuropeBusiness
#29 In EuropeEmployees
#32 In EuropeWages
#31 In EuropeThe Mining, Quarrying & Construction Machinery Manufacturing in Lithuania ranks 33rd in Europe with regards to its 2024 revenue (€2.3m). Revenue received by operators in Lithuania has been moderate in volatility over the past five-year period, with the average annual change in revenue (7.5 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Mining, Quarrying & Construction Machinery Manufacturing industry in Lithuania in 2024?
The market size of the Mining, Quarrying & Construction Machinery Manufacturing industry in Lithuania is €2.3m in 2024.
How many businesses are there in the Mining, Quarrying & Construction Machinery Manufacturing in Lithuania industry in 2024?
There are 3 businesses in the Mining, Quarrying & Construction Machinery Manufacturing industry in Lithuania, which has declined at a CAGR of 5.6 % between 2019 and 2024.
Has the Mining, Quarrying & Construction Machinery Manufacturing industry in Lithuania grown or declined over the past 5 years?
The market size of the Mining, Quarrying & Construction Machinery Manufacturing industry in Lithuania has been declining at a CAGR of 7.5 % between 2019 and 2024.
What is the forecast growth of the Mining, Quarrying & Construction Machinery Manufacturing industry in Lithuania over the next 5 years?
Over the next five years, the Mining, Quarrying & Construction Machinery Manufacturing industry in Lithuania is expected to decline.
What are the biggest companies in the Mining, Quarrying & Construction Machinery Manufacturing market in Lithuania?
The biggest company operating in the Mining, Quarrying & Construction Machinery Manufacturing market in Lithuania is Robert Bosch Power Tools GmbH
What does the Mining, Quarrying & Construction Machinery Manufacturing in Lithuania include?
Mining machinery manufacturing and Quarrying machinery manufacturing are part of the Mining, Quarrying & Construction Machinery Manufacturing industry.
Which companies have the highest market share in the Mining, Quarrying & Construction Machinery Manufacturing in Lithuania?
The company holding the most market share in Lithuania is Robert Bosch Power Tools GmbH.
How competitive is the Mining, Quarrying & Construction Machinery Manufacturing industry in Lithuania?
The level of competition is moderate and steady in the Mining, Quarrying & Construction Machinery Manufacturing industry in Lithuania.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Lifting & Handling Equipment Manufacturing in Lithuania
- Agricultural & Forestry Machinery in Lithuania
Complementors
- Metal-Forming Machinery & Machine Tool Manufacturing in Lithuania
- Motor Vehicle Parts & Accessories Manufacturing in Lithuania
- Machinery, Equipment & Fabricated Metal Product Repair in Lithuania
International industries
Table of Contents
About this industry
Industry definition
Companies manufacture machinery and equipment that is used in construction, mining and quarrying sectors. These include hand tools and powered equipment.
What's included in this industry?
Mining machinery manufacturingQuarrying machinery manufacturingOil and gas equipment manufacturingConstruction machinery manufacturingIndustry Code
2824 - Manufacture of machinery for mining, quarrying and construction in Lithuania
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Mining, Quarrying & Construction Machinery Manufacturing in Lithuania
- Employees in the Mining, Quarrying & Construction Machinery Manufacturing in Lithuania
- Business in the Mining, Quarrying & Construction Machinery Manufacturing in Lithuania
- Profit in the Mining, Quarrying & Construction Machinery Manufacturing in Lithuania
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Manufacturers must comply with safety regulations. The EU requires manufacturers to follow safety regulations like the Machinery Directive before selling in the region.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Mining, Quarrying & Construction Machinery Manufacturing in Lithuania industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Shortages in the supply chain led to an uptick in costs. Manufacturers of heavy equipment are passing on higher costs to customers due to the rising costs of sourcing metal parts for assembly.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Mining, Quarrying & Construction Machinery Manufacturing in Lithuania industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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