| Product Code: ETC5881111 | 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 |
In 2024, Belgium saw a shift in hub motor import sources, with Germany, Slovakia, Sweden, China, and Canada leading the way. The market experienced a significant decrease in concentration, indicating a more diverse import landscape. Despite the negative growth rate in 2024, the compound annual growth rate from 2020 to 2024 remained positive at 2.64%, suggesting steady expansion over the period. This evolving market dynamic could present opportunities for market players to capitalize on the changing trends and enhance their competitive positions in the Belgian hub motor import sector.

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 Hub Motor Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Hub Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Hub Motor Market - Industry Life Cycle |
3.4 Belgium Hub Motor Market - Porter's Five Forces |
3.5 Belgium Hub Motor Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.6 Belgium Hub Motor Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
3.7 Belgium Hub Motor Market Revenues & Volume Share, By Motor, 2021 & 2031F |
4 Belgium Hub Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles in Belgium |
4.2.2 Government incentives and policies promoting the use of electric vehicles |
4.2.3 Growing awareness about environmental sustainability and energy efficiency |
4.3 Market Restraints |
4.3.1 High initial cost of electric vehicles with hub motors |
4.3.2 Limited charging infrastructure in Belgium |
4.3.3 Perceived lack of power and performance compared to traditional vehicles |
5 Belgium Hub Motor Market Trends |
6 Belgium Hub Motor Market Segmentations |
6.1 Belgium Hub Motor Market, By Installation |
6.1.1 Overview and Analysis |
6.1.2 Belgium Hub Motor Market Revenues & Volume, By Front, 2021-2031F |
6.1.3 Belgium Hub Motor Market Revenues & Volume, By Rear, 2021-2031F |
6.2 Belgium Hub Motor Market, By Vehicle |
6.2.1 Overview and Analysis |
6.2.2 Belgium Hub Motor Market Revenues & Volume, By E-Bikes, 2021-2031F |
6.2.3 Belgium Hub Motor Market Revenues & Volume, By E-Scooters/Mopeds, 2021-2031F |
6.2.4 Belgium Hub Motor Market Revenues & Volume, By E-Motorcycles, 2021-2031F |
6.3 Belgium Hub Motor Market, By Motor |
6.3.1 Overview and Analysis |
6.3.2 Belgium Hub Motor Market Revenues & Volume, By Geared , 2021-2031F |
6.3.3 Belgium Hub Motor Market Revenues & Volume, By Gearless, 2021-2031F |
7 Belgium Hub Motor Market Import-Export Trade Statistics |
7.1 Belgium Hub Motor Market Export to Major Countries |
7.2 Belgium Hub Motor Market Imports from Major Countries |
8 Belgium Hub Motor Market Key Performance Indicators |
8.1 Average price of hub motors in the Belgian market |
8.2 Percentage of electric vehicles with hub motors in total vehicle sales |
8.3 Number of charging stations for electric vehicles in Belgium |
8.4 Percentage of consumers aware of hub motor technology in electric vehicles |
8.5 Energy efficiency ratings of vehicles with hub motors in Belgium |
9 Belgium Hub Motor Market - Opportunity Assessment |
9.1 Belgium Hub Motor Market Opportunity Assessment, By Installation, 2021 & 2031F |
9.2 Belgium Hub Motor Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
9.3 Belgium Hub Motor Market Opportunity Assessment, By Motor, 2021 & 2031F |
10 Belgium Hub Motor Market - Competitive Landscape |
10.1 Belgium Hub Motor Market Revenue Share, By Companies, 2024 |
10.2 Belgium Hub Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |