| Product Code: ETC5085391 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Belgium saw a significant increase in commercial vehicles import shipments, with top exporters including Czechia, North Macedonia, Germany, China, and Turkey. The market concentration, as measured by the HHI, shifted from moderate to high in just one year, indicating a more consolidated market landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a steady 4.44%, while the impressive growth rate of 93.24% from 2023 to 2024 suggests a surge in demand for commercial vehicles in Belgium. This data highlights a dynamic and evolving market for commercial vehicle imports in the country.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Commercial vehicles Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Commercial vehicles Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Commercial vehicles Market - Industry Life Cycle |
3.4 Belgium Commercial vehicles Market - Porter's Five Forces |
3.5 Belgium Commercial vehicles Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Belgium Commercial vehicles Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 Belgium Commercial vehicles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for last-mile delivery services |
4.2.2 Growth in e-commerce industry leading to higher logistics requirements |
4.2.3 Government initiatives promoting the adoption of electric commercial vehicles |
4.3 Market Restraints |
4.3.1 Economic uncertainty affecting investment decisions by businesses |
4.3.2 Fluctuating fuel prices impacting operating costs |
4.3.3 Stringent regulatory requirements for emissions and safety standards |
5 Belgium Commercial vehicles Market Trends |
6 Belgium Commercial vehicles Market Segmentations |
6.1 Belgium Commercial vehicles Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Belgium Commercial vehicles Market Revenues & Volume, By Light Commercial Vehicles (LCVs), 2021-2031F |
6.1.3 Belgium Commercial vehicles Market Revenues & Volume, By Heavy Trucks, 2021-2031F |
6.1.4 Belgium Commercial vehicles Market Revenues & Volume, By Buses & Coaches, 2021-2031F |
6.2 Belgium Commercial vehicles Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 Belgium Commercial vehicles Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.3 Belgium Commercial vehicles Market Revenues & Volume, By Mining & Construction, 2021-2031F |
6.2.4 Belgium Commercial vehicles Market Revenues & Volume, By Logistics, 2021-2031F |
6.2.5 Belgium Commercial vehicles Market Revenues & Volume, By Passenger Transportation, 2021-2031F |
6.2.6 Belgium Commercial vehicles Market Revenues & Volume, By Others, 2021-2031F |
7 Belgium Commercial vehicles Market Import-Export Trade Statistics |
7.1 Belgium Commercial vehicles Market Export to Major Countries |
7.2 Belgium Commercial vehicles Market Imports from Major Countries |
8 Belgium Commercial vehicles Market Key Performance Indicators |
8.1 Average age of commercial vehicle fleet in Belgium |
8.2 Number of charging stations for electric vehicles in the country |
8.3 Percentage of commercial vehicles using alternative fuels |
8.4 Average distance traveled by commercial vehicles |
8.5 Adoption rate of telematics systems in commercial vehicles |
9 Belgium Commercial vehicles Market - Opportunity Assessment |
9.1 Belgium Commercial vehicles Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Belgium Commercial vehicles Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 Belgium Commercial vehicles Market - Competitive Landscape |
10.1 Belgium Commercial vehicles Market Revenue Share, By Companies, 2024 |
10.2 Belgium Commercial vehicles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |