Belgium Electric Power Steering Market (2025-2031) | Segmentation, Companies, Trends, Size, Industry, Analysis, Value, Outlook, Revenue, Share, Forecast & Growth
Market Forecast By Type (CEPS, PEPS, REPS), By Mechanism (Collapsible, Rigid), By Off-Highway (Construction, Agricultural), By Components (Steering column, Sensors, Steering gear, Mechanical rack and pinion, Electronic control unit, Electric motor, Bearing), By Electric Motor‚ (Brush motor, Brushless motor), By Application (Passenger Cars (PC), Commercial Vehicles (CV)) And Competitive Landscape
| Product Code: ETC5894411 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Belgium Electric Power Steering Market Top 5 Importing Countries and Market Competition (HHI) Analysis
The import shipments of electric power steering in Belgium in 2024 saw a shift in market concentration from high to moderate, indicating increased diversification among suppliers. Despite a negative compound annual growth rate (CAGR) of -5.01% from 2020 to 2024, the growth rate in 2024 alone experienced a significant decline of -33.91%. Key exporting countries to Belgium included China, Germany, Romania, Sweden, and Portugal, highlighting the global supply chain dynamics in the electric power steering industry.
Key Highlights of the Report:
- Belgium Electric Power Steering Market Outlook
- Market Size of Belgium Electric Power Steering Market, 2024
- Forecast of Belgium Electric Power Steering Market, 2031
- Historical Data and Forecast of Belgium Electric Power Steering Revenues & Volume for the Period 2021-2031
- Belgium Electric Power Steering Market Trend Evolution
- Belgium Electric Power Steering Market Drivers and Challenges
- Belgium Electric Power Steering Price Trends
- Belgium Electric Power Steering Porter`s Five Forces
- Belgium Electric Power Steering Industry Life Cycle
- Historical Data and Forecast of Belgium Electric Power Steering Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Belgium Electric Power Steering Market Revenues & Volume By CEPS for the Period 2021-2031
- Historical Data and Forecast of Belgium Electric Power Steering Market Revenues & Volume By PEPS for the Period 2021-2031
- Historical Data and Forecast of Belgium Electric Power Steering Market Revenues & Volume By REPS for the Period 2021-2031
- Historical Data and Forecast of Belgium Electric Power Steering Market Revenues & Volume By Mechanism for the Period 2021-2031
- Historical Data and Forecast of Belgium Electric Power Steering Market Revenues & Volume By Collapsible for the Period 2021-2031
- Historical Data and Forecast of Belgium Electric Power Steering Market Revenues & Volume By Rigid for the Period 2021-2031
- Historical Data and Forecast of Belgium Electric Power Steering Market Revenues & Volume By Off-Highway for the Period 2021-2031
- Historical Data and Forecast of Belgium Electric Power Steering Market Revenues & Volume By Construction for the Period 2021-2031
- Historical Data and Forecast of Belgium Electric Power Steering Market Revenues & Volume By Agricultural for the Period 2021-2031
- Historical Data and Forecast of Belgium Electric Power Steering Market Revenues & Volume By Components for the Period 2021-2031
- Historical Data and Forecast of Belgium Electric Power Steering Market Revenues & Volume By Steering column for the Period 2021-2031
- Historical Data and Forecast of Belgium Electric Power Steering Market Revenues & Volume By Sensors for the Period 2021-2031
- Historical Data and Forecast of Belgium Electric Power Steering Market Revenues & Volume By Steering gear for the Period 2021-2031
- Historical Data and Forecast of Belgium Electric Power Steering Market Revenues & Volume By Mechanical rack and pinion for the Period 2021-2031
- Historical Data and Forecast of Belgium Electric Power Steering Market Revenues & Volume By Electronic control unit for the Period 2021-2031
- Historical Data and Forecast of Belgium Electric Power Steering Market Revenues & Volume By Electric motor for the Period 2021-2031
- Historical Data and Forecast of Belgium Electric Power Steering Market Revenues & Volume By Bearing for the Period 2021-2031
- Historical Data and Forecast of Belgium Electric Power Steering Market Revenues & Volume By Electric Motor? for the Period 2021-2031
- Historical Data and Forecast of Belgium Electric Power Steering Market Revenues & Volume By Brush motor for the Period 2021-2031
- Historical Data and Forecast of Belgium Electric Power Steering Market Revenues & Volume By Brushless motor for the Period 2021-2031
- Historical Data and Forecast of Belgium Electric Power Steering Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Belgium Electric Power Steering Market Revenues & Volume By Passenger Cars (PC) for the Period 2021-2031
- Historical Data and Forecast of Belgium Electric Power Steering Market Revenues & Volume By Commercial Vehicles (CV) for the Period 2021-2031
- Belgium Electric Power Steering Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Mechanism
- Market Opportunity Assessment By Off-Highway
- Market Opportunity Assessment By Components
- Market Opportunity Assessment By Electric Motor?
- Market Opportunity Assessment By Application
- Belgium Electric Power Steering Top Companies Market Share
- Belgium Electric Power Steering Competitive Benchmarking By Technical and Operational Parameters
- Belgium Electric Power Steering Company Profiles
- Belgium Electric Power Steering Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Belgium Electric Power Steering Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Belgium Electric Power Steering Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Electric Power Steering Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Electric Power Steering Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Electric Power Steering Market - Industry Life Cycle |
3.4 Belgium Electric Power Steering Market - Porter's Five Forces |
3.5 Belgium Electric Power Steering Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium Electric Power Steering Market Revenues & Volume Share, By Mechanism, 2021 & 2031F |
3.7 Belgium Electric Power Steering Market Revenues & Volume Share, By Off-Highway, 2021 & 2031F |
3.8 Belgium Electric Power Steering Market Revenues & Volume Share, By Components, 2021 & 2031F |
3.9 Belgium Electric Power Steering Market Revenues & Volume Share, By Electric Motor? , 2021 & 2031F |
3.10 Belgium Electric Power Steering Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Belgium Electric Power Steering Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles |
4.2.2 Growing focus on driver safety and comfort |
4.2.3 Technological advancements in electric power steering systems |
4.3 Market Restraints |
4.3.1 High initial cost of electric power steering systems |
4.3.2 Limited awareness and adoption in the market |
5 Belgium Electric Power Steering Market Trends |
6 Belgium Electric Power Steering Market Segmentations |
6.1 Belgium Electric Power Steering Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Electric Power Steering Market Revenues & Volume, By CEPS, 2021-2031F |
6.1.3 Belgium Electric Power Steering Market Revenues & Volume, By PEPS, 2021-2031F |
6.1.4 Belgium Electric Power Steering Market Revenues & Volume, By REPS, 2021-2031F |
6.2 Belgium Electric Power Steering Market, By Mechanism |
6.2.1 Overview and Analysis |
6.2.2 Belgium Electric Power Steering Market Revenues & Volume, By Collapsible, 2021-2031F |
6.2.3 Belgium Electric Power Steering Market Revenues & Volume, By Rigid, 2021-2031F |
6.3 Belgium Electric Power Steering Market, By Off-Highway |
6.3.1 Overview and Analysis |
6.3.2 Belgium Electric Power Steering Market Revenues & Volume, By Construction, 2021-2031F |
6.3.3 Belgium Electric Power Steering Market Revenues & Volume, By Agricultural, 2021-2031F |
6.4 Belgium Electric Power Steering Market, By Components |
6.4.1 Overview and Analysis |
6.4.2 Belgium Electric Power Steering Market Revenues & Volume, By Steering column, 2021-2031F |
6.4.3 Belgium Electric Power Steering Market Revenues & Volume, By Sensors, 2021-2031F |
6.4.4 Belgium Electric Power Steering Market Revenues & Volume, By Steering gear, 2021-2031F |
6.4.5 Belgium Electric Power Steering Market Revenues & Volume, By Mechanical rack and pinion, 2021-2031F |
6.4.6 Belgium Electric Power Steering Market Revenues & Volume, By Electronic control unit, 2021-2031F |
6.4.7 Belgium Electric Power Steering Market Revenues & Volume, By Electric motor, 2021-2031F |
6.5 Belgium Electric Power Steering Market, By Electric Motor? |
6.5.1 Overview and Analysis |
6.5.2 Belgium Electric Power Steering Market Revenues & Volume, By Brush motor, 2021-2031F |
6.5.3 Belgium Electric Power Steering Market Revenues & Volume, By Brushless motor, 2021-2031F |
6.6 Belgium Electric Power Steering Market, By Application |
6.6.1 Overview and Analysis |
6.6.2 Belgium Electric Power Steering Market Revenues & Volume, By Passenger Cars (PC), 2021-2031F |
6.6.3 Belgium Electric Power Steering Market Revenues & Volume, By Commercial Vehicles (CV), 2021-2031F |
7 Belgium Electric Power Steering Market Import-Export Trade Statistics |
7.1 Belgium Electric Power Steering Market Export to Major Countries |
7.2 Belgium Electric Power Steering Market Imports from Major Countries |
8 Belgium Electric Power Steering Market Key Performance Indicators |
8.1 Average fuel efficiency improvement in vehicles equipped with electric power steering |
8.2 Number of new car models in Belgium incorporating electric power steering technology |
8.3 Percentage of automotive manufacturers offering electric power steering as a standard feature in their vehicles |
9 Belgium Electric Power Steering Market - Opportunity Assessment |
9.1 Belgium Electric Power Steering Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium Electric Power Steering Market Opportunity Assessment, By Mechanism, 2021 & 2031F |
9.3 Belgium Electric Power Steering Market Opportunity Assessment, By Off-Highway, 2021 & 2031F |
9.4 Belgium Electric Power Steering Market Opportunity Assessment, By Components, 2021 & 2031F |
9.5 Belgium Electric Power Steering Market Opportunity Assessment, By Electric Motor? , 2021 & 2031F |
9.6 Belgium Electric Power Steering Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Belgium Electric Power Steering Market - Competitive Landscape |
10.1 Belgium Electric Power Steering Market Revenue Share, By Companies, 2024 |
10.2 Belgium Electric Power Steering Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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