| Product Code: ETC6367366 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
In 2024, Belgium continued to see significant imports of wind turbines from top exporting countries such as China, Denmark, India, Germany, and the USA. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained high in 2024 despite a slight decrease from the previous year. The industry experienced a substantial decline in compound annual growth rate (CAGR) from 2020 to 2024, but showed impressive growth from 2023 to 2024, indicating a potential rebound in the wind turbine import market 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 Wind Turbine Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Wind Turbine Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Wind Turbine Market - Industry Life Cycle |
3.4 Belgium Wind Turbine Market - Porter's Five Forces |
3.5 Belgium Wind Turbine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium Wind Turbine Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.7 Belgium Wind Turbine Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 Belgium Wind Turbine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Belgium Wind Turbine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government support and favorable policies for renewable energy projects in Belgium |
4.2.2 Growing awareness and adoption of clean energy sources among consumers and businesses |
4.2.3 Technological advancements in wind turbine technology leading to increased efficiency and cost-effectiveness |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with setting up wind turbine projects |
4.3.2 Intermittency and variability in wind patterns affecting the reliability and consistency of wind energy generation |
5 Belgium Wind Turbine Market Trends |
6 Belgium Wind Turbine Market, By Types |
6.1 Belgium Wind Turbine Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Wind Turbine Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Belgium Wind Turbine Market Revenues & Volume, By Horizontal, 2021- 2031F |
6.1.4 Belgium Wind Turbine Market Revenues & Volume, By Vertical, 2021- 2031F |
6.2 Belgium Wind Turbine Market, By Installation |
6.2.1 Overview and Analysis |
6.2.2 Belgium Wind Turbine Market Revenues & Volume, By Onshore, 2021- 2031F |
6.2.3 Belgium Wind Turbine Market Revenues & Volume, By Offshore, 2021- 2031F |
6.3 Belgium Wind Turbine Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Belgium Wind Turbine Market Revenues & Volume, By Rotator Blade, 2021- 2031F |
6.3.3 Belgium Wind Turbine Market Revenues & Volume, By Gearbox, 2021- 2031F |
6.3.4 Belgium Wind Turbine Market Revenues & Volume, By Generator, 2021- 2031F |
6.3.5 Belgium Wind Turbine Market Revenues & Volume, By Nacelle, 2021- 2031F |
6.3.6 Belgium Wind Turbine Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Belgium Wind Turbine Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Belgium Wind Turbine Market Revenues & Volume, By Industrial, 2021- 2031F |
6.4.3 Belgium Wind Turbine Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4.4 Belgium Wind Turbine Market Revenues & Volume, By Residential, 2021- 2031F |
6.4.5 Belgium Wind Turbine Market Revenues & Volume, By Utility, 2021- 2031F |
7 Belgium Wind Turbine Market Import-Export Trade Statistics |
7.1 Belgium Wind Turbine Market Export to Major Countries |
7.2 Belgium Wind Turbine Market Imports from Major Countries |
8 Belgium Wind Turbine Market Key Performance Indicators |
8.1 Capacity factor: Measure of the actual output of a wind turbine compared to its maximum potential output |
8.2 Levelized cost of energy (LCOE): Indicator of the long-term cost competitiveness of wind energy |
8.3 Installation capacity growth rate: Reflects the rate at which new wind turbine installations are being added in Belgium |
8.4 Grid integration capability: Measure of how effectively wind energy can be integrated into the existing energy grid |
8.5 Public acceptance and support: Monitoring the perception and approval of wind turbine projects among local communities and stakeholders |
9 Belgium Wind Turbine Market - Opportunity Assessment |
9.1 Belgium Wind Turbine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium Wind Turbine Market Opportunity Assessment, By Installation, 2021 & 2031F |
9.3 Belgium Wind Turbine Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 Belgium Wind Turbine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Belgium Wind Turbine Market - Competitive Landscape |
10.1 Belgium Wind Turbine Market Revenue Share, By Companies, 2024 |
10.2 Belgium Wind Turbine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |