Lithuania Intelligent Transportation System Market Size & Outlook
The intelligent transportation system market in Lithuania is expected to reach a projected revenue of US$ 396.4 million by 2030. A compound annual growth rate of 6.8% is expected of Lithuania intelligent transportation system market from 2025 to 2030.
Lithuania intelligent transportation system market highlights
The Lithuania intelligent transportation system market generated a revenue of USD 272.2 million in 2024 and is expected to reach USD 396.4 million by 2030.
The Lithuania market is expected to grow at a CAGR of 6.8% from 2025 to 2030.
In terms of segment, roadway was the largest revenue generating transportation mode in 2024.
Maritime is the most lucrative transportation mode segment registering the fastest growth during the forecast period.
Intelligent transportation system market data book summary
Market revenue in 2024
USD 272.2 million
Market revenue in 2030
USD 396.4 million
Growth rate
6.8% (CAGR from 2025 to 2030)
Largest segment
Roadway
Fastest growing segment
Maritime
Historical data
2018 - 2023
Base year
2024
Forecast period
2025 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Maritime, Roadway, Railway, Airway
Key market players worldwide
Advantech, Iridium Communications Inc, Alstom SA, Cubic Corporation, Hitachi Ltd, Indra Sistemas SA ADR, Iteris Inc, Kapsch Group, Kongsberg Gruppen ASA, L3Harris Technologies Inc, Brunswick Corp, NEC Corp, Siemens AG, Spire Global Inc Ordinary Shares - Class A, Teledyne Technologies Inc, Thales, Transcore, Wabtec
Other key industry trends
In terms of revenue, Lithuania accounted for 0.5% of the global intelligent transportation system market in 2024.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Europe, Germany intelligent transportation system market is projected to lead the regional market in terms of revenue in 2030.
France is the fastest growing regional market in Europe and is projected to reach USD 3,987.9 million by 2030.
Lithuania Intelligent Transportation System Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Intelligent Transportation System Market Outlook will help companies and investors design strategic landscapes.
Roadway was the largest segment with a revenue share of 47.28% in 2024.
Horizon Databook has segmented the Lithuania intelligent transportation system market based on maritime, roadway, railway, airway covering the revenue growth of each sub-segment from 2018 to 2030.
Lithuania Intelligent Transportation System Market Transportation Mode Outlook (Revenue, USD Million , 2021-2030)
Roadway
Railway
Airway
Maritime
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Horizon Databook provides a detailed overview of country-level data and insights on the Lithuania Intelligent Transportation System Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Lithuania Intelligent Transportation System Market Outlook from 2021 to 2030, including revenue numbers, major trends, and company profiles.
Lithuania Intelligent Transportation System Market, 2021-2030 (US$M)