| Product Code: ETC4659525 | 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 experienced a significant decrease in the concentration of heat pump imports, shifting from high to moderate concentration. Italy, Germany, Czechia, Metropolitan France, and Netherlands were the top countries exporting heat pumps to Belgium. Despite a negative growth rate of -19.85% in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 34.49%. This indicates a dynamic market with fluctuating trends, suggesting potential opportunities and challenges for importers and manufacturers in the heat pump industry in Belgium.

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 Heat Pumps Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Heat Pumps Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Heat Pumps Market - Industry Life Cycle |
3.4 Belgium Heat Pumps Market - Porter's Five Forces |
3.5 Belgium Heat Pumps Market Revenues & Volume Share, By Rated Capacity, 2021 & 2031F |
3.6 Belgium Heat Pumps Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Belgium Heat Pumps Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Belgium Heat Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and focus on energy efficiency and sustainability in Belgium |
4.2.2 Government incentives and regulations promoting the adoption of heat pumps |
4.2.3 Technological advancements leading to higher efficiency and lower operational costs |
4.3 Market Restraints |
4.3.1 High upfront costs of heat pump installations |
4.3.2 Lack of consumer awareness and understanding about the benefits of heat pumps |
4.3.3 Competition from traditional heating systems such as gas boilers |
5 Belgium Heat Pumps Market Trends |
6 Belgium Heat Pumps Market Segmentations |
6.1 Belgium Heat Pumps Market, By Rated Capacity |
6.1.1 Overview and Analysis |
6.1.2 Belgium Heat Pumps Market Revenues & Volume, By Up to 10 kW, 2021-2031F |
6.1.3 Belgium Heat Pumps Market Revenues & Volume, By 10? ??20 kW, 2021-2031F |
6.1.4 Belgium Heat Pumps Market Revenues & Volume, By 20? ??30 kW, 2021-2031F |
6.1.5 Belgium Heat Pumps Market Revenues & Volume, By Above 30 kW, 2021-2031F |
6.2 Belgium Heat Pumps Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Belgium Heat Pumps Market Revenues & Volume, By Air-to-Air, 2021-2031F |
6.2.3 Belgium Heat Pumps Market Revenues & Volume, By Air-to-Water, 2021-2031F |
6.3 Belgium Heat Pumps Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Belgium Heat Pumps Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Belgium Heat Pumps Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.4 Belgium Heat Pumps Market Revenues & Volume, By Hospitality, 2021-2031F |
6.3.5 Belgium Heat Pumps Market Revenues & Volume, By Retail, 2021-2031F |
6.3.6 Belgium Heat Pumps Market Revenues & Volume, By Education, 2021-2031F |
6.3.7 Belgium Heat Pumps Market Revenues & Volume, By Industrial, 2021-2031F |
7 Belgium Heat Pumps Market Import-Export Trade Statistics |
7.1 Belgium Heat Pumps Market Export to Major Countries |
7.2 Belgium Heat Pumps Market Imports from Major Countries |
8 Belgium Heat Pumps Market Key Performance Indicators |
8.1 Energy efficiency ratings of heat pumps in the market |
8.2 Number of government initiatives supporting heat pump installations |
8.3 Growth in the number of certified heat pump installers in Belgium |
9 Belgium Heat Pumps Market - Opportunity Assessment |
9.1 Belgium Heat Pumps Market Opportunity Assessment, By Rated Capacity, 2021 & 2031F |
9.2 Belgium Heat Pumps Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Belgium Heat Pumps Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Belgium Heat Pumps Market - Competitive Landscape |
10.1 Belgium Heat Pumps Market Revenue Share, By Companies, 2024 |
10.2 Belgium Heat Pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |