| Product Code: ETC5699433 | 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 continued to see significant import shipments of transcritical CO2 systems, with top exporters being Italy, Metropolitan France, Netherlands, Germany, and Spain. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The industry demonstrated strong growth, with a Compound Annual Growth Rate (CAGR) of 9.18% from 2020 to 2024, and a notable growth rate of 7.43% from 2023 to 2024. This data suggests a thriving market for transcritical CO2 systems in Belgium, driven by imports from key European countries.

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 Transcritical CO2 Systems Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Transcritical CO2 Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Transcritical CO2 Systems Market - Industry Life Cycle |
3.4 Belgium Transcritical CO2 Systems Market - Porter's Five Forces |
3.5 Belgium Transcritical CO2 Systems Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.6 Belgium Transcritical CO2 Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Belgium Transcritical CO2 Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on environmental sustainability and regulations promoting the use of eco-friendly refrigerants like CO2 |
4.2.2 Growing awareness about energy efficiency and cost savings associated with transcritical CO2 systems |
4.2.3 Technological advancements leading to improved performance and reliability of transcritical CO2 systems |
4.3 Market Restraints |
4.3.1 High initial investment costs for installing transcritical CO2 systems |
4.3.2 Lack of awareness and understanding among end-users about the benefits of transcritical CO2 technology |
4.3.3 Limited availability of trained professionals for maintenance and servicing of transcritical CO2 systems |
5 Belgium Transcritical CO2 Systems Market Trends |
6 Belgium Transcritical CO2 Systems Market Segmentations |
6.1 Belgium Transcritical CO2 Systems Market, By Function |
6.1.1 Overview and Analysis |
6.1.2 Belgium Transcritical CO2 Systems Market Revenues & Volume, By Refrigeration, 2021-2031F |
6.1.3 Belgium Transcritical CO2 Systems Market Revenues & Volume, By Heating, 2021-2031F |
6.1.4 Belgium Transcritical CO2 Systems Market Revenues & Volume, By Air Conditioning, 2021-2031F |
6.2 Belgium Transcritical CO2 Systems Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Belgium Transcritical CO2 Systems Market Revenues & Volume, By Supermarkets , 2021-2031F |
6.2.3 Belgium Transcritical CO2 Systems Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.4 Belgium Transcritical CO2 Systems Market Revenues & Volume, By Heat Pumps, 2021-2031F |
6.2.5 Belgium Transcritical CO2 Systems Market Revenues & Volume, By Food Processing & Storage Facilities, 2021-2031F |
6.2.6 Belgium Transcritical CO2 Systems Market Revenues & Volume, By Ice Skating Rinks, 2021-2031F |
7 Belgium Transcritical CO2 Systems Market Import-Export Trade Statistics |
7.1 Belgium Transcritical CO2 Systems Market Export to Major Countries |
7.2 Belgium Transcritical CO2 Systems Market Imports from Major Countries |
8 Belgium Transcritical CO2 Systems Market Key Performance Indicators |
8.1 Energy efficiency improvements achieved by using transcritical CO2 systems |
8.2 Number of new installations and retrofits of transcritical CO2 systems in commercial and industrial facilities |
8.3 Reduction in greenhouse gas emissions attributed to the adoption of transcritical CO2 technology |
9 Belgium Transcritical CO2 Systems Market - Opportunity Assessment |
9.1 Belgium Transcritical CO2 Systems Market Opportunity Assessment, By Function, 2021 & 2031F |
9.2 Belgium Transcritical CO2 Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Belgium Transcritical CO2 Systems Market - Competitive Landscape |
10.1 Belgium Transcritical CO2 Systems Market Revenue Share, By Companies, 2024 |
10.2 Belgium Transcritical CO2 Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |