Lithuania Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H1 2025)
Summary
GlobalData’s Construction in Lithuania - Country Briefing (H1 2025) report provides detailed market analysis, information, and insights into the Lithuanian construction industry, including -
- The Lithuanian construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Lithuanian construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Over the remainder of the forecast period, the Lithuanian construction industry is expected to register an average growth of 4.3% from 2026 to 2029, supported by investments in energy, transport infrastructure, and industrial sectors, coupled with the government plan to achieve net zero emission by 2050. In line with this, in December 2024, the European Commission (EC) disbursed EUR463 billion ($492.4 million) for the implementation of “New Generation Lithuania which outlines the investment in the energy, infrastructure, and social sectors to improve the overall economy by 2026. Furthermore, in October 2024, the government owned electricity and gas transmissions service provider, EPSO-G revealed that it is planning to invest an estimated EUR3 billion ($3.2 billion) to improve the electricity and gas infrastructure in the country by 2035. Among the recent development, in October 2024, the construction work was started on a wind project in Telsiai. The project includes the construction of 124MW wind farm with an estimated cost of EUR200 million ($212.7 million) by the end of 2026. Additionally, in September 2024, the UK based energy company Aur power revealed that the technical design of a solar park in Dukstas is nearing completion and it expects to gain the permits for this park by the middle of 2025. The project involves the construction of a 375MW solar park on an area of 900ha and is expected to go operational by 2028.
Scope
This report provides a comprehensive analysis of the construction industry in Lithuania.It provides -
- Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in Lithuania, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
- Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
- Assess market growth potential at a micro-level with over 600 time-series data forecasts
- Understand the latest industry and market trends
- Formulate and validate business strategies using GlobalData's critical and actionable insight
- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors
- 1 Executive Summary
- 2 Construction Industry: At-a-Glance
- 3 Latest news and developments
- 4 Project analytics
- 5 Construction Market Data
- 6 Risk Profile
- 7 Appendix
- 7.1 Definitions
- 7.2 CRI Methodology
- 7.3 About GlobalData
- 8 Contact Us
- List of Tables
- Table 1: Construction Industry Key Data
- Table 2: Lithuania, Top Construction Projects by Value
- Table 3: Lithuania, Construction Output Value (Real, $ Million)
- Table 4: Lithuania, Construction Output Value (Nominal, EUR Million)
- Table 5: GlobalData Construction Market Definitions
- Table 6: Risk Dimensions
- Table 7: Ratings, Scores and Definitions
- List of Figures
- Figure 1: Lithuania, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2020–29
- Figure 2: Lithuania, Construction Output Value, by Sector (Real, $ Million), 2020–29
- Figure 3: Eastern Europe, Construction Output (Real % Change), 2023–29
- Figure 4: Lithuania, Construction Output by Sector (Real % Change), 2023–25 and 2026–29
- Figure 5: Lithuania, Construction Value Add, In 2020 Chain-Linking Method, EUR Million
- Figure 6: Lithuania, Value of Domestic Construction Work Done, In Current Prices, % Change YoY
- Figure 7: Lithuania, Gross Fixed Capital Formation, In Chain-Linked Volume Measures, EUR Million
- Figure 8: Lithuania, Floor Area of New Buildings Started, In Thousand m2
- Figure 9: Lithuania, Floor Area of New Office Buildings Started, In Thousand m2
- Figure 10: Lithuania, Floor Area of Permits Granted for New Office Buildings, In Thousands m2
- Figure 11: Lithuania, Value Add of Real Estate Activities, In 2020 Chain-Linking Method, EUR Million
- Figure 12: Lithuania, House Price Index (HPI), 2015=100
- Figure 13: Lithuania, Number of Dwellings Completed
- Figure 14: Lithuania, Number of Dwelling Permits
- Figure 15: Lithuania, Number of Dwellings Started
- Figure 16: Lithuania, Construction Volume Production Index in Construction, 2021 = 100
- Figure 17: Lithuania, Construction Cost of New Residential Buildings, 2021=100
- Figure 18: Lithuania, Manufacturing Value Add, In 2020 Chain-Linking Method, EUR Million
- Figure 19: Lithuania, Industrial and Manufacturing Production (2021 Constant Prices, % Change YoY)
- Figure 20: Lithuania, Exports, in EUR Million
- Figure 21: Lithuania, Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 22: Lithuania, Risk Summary
- Figure 23: Lithuania, Risk Regional Comparison
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