| Product Code: ETC6346954 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Belgium continued to see a significant influx of alternative powertrain imports, with Germany, Netherlands, Denmark, Metropolitan France, and Luxembourg leading the way as top exporting countries. The market concentration, as measured by the HHI, intensified from high to very high in just one year, indicating a more consolidated import market. Despite a slight overall decline in the compound annual growth rate (CAGR) from 2020 to 2024, there was a positive growth rate observed from 2023 to 2024, suggesting a potential rebound and increasing interest in alternative powertrain technologies 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 Alternative Powertrain Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Alternative Powertrain Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Alternative Powertrain Market - Industry Life Cycle |
3.4 Belgium Alternative Powertrain Market - Porter's Five Forces |
3.5 Belgium Alternative Powertrain Market Revenues & Volume Share, By Powertrain, 2021 & 2031F |
3.6 Belgium Alternative Powertrain Market Revenues & Volume Share, By Component, 2021 & 2031F |
4 Belgium Alternative Powertrain Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government regulations promoting the use of alternative powertrains in Belgium. |
4.2.2 Increasing awareness and concern for environmental sustainability among consumers. |
4.2.3 Technological advancements leading to improved performance and affordability of alternative powertrains. |
4.3 Market Restraints |
4.3.1 High initial cost of alternative powertrain vehicles compared to traditional internal combustion engine vehicles. |
4.3.2 Limited availability of charging infrastructure for electric vehicles in Belgium. |
5 Belgium Alternative Powertrain Market Trends |
6 Belgium Alternative Powertrain Market, By Types |
6.1 Belgium Alternative Powertrain Market, By Powertrain |
6.1.1 Overview and Analysis |
6.1.2 Belgium Alternative Powertrain Market Revenues & Volume, By Powertrain, 2021- 2031F |
6.1.3 Belgium Alternative Powertrain Market Revenues & Volume, By Battery Electric Vehicle Powertrain, 2021- 2031F |
6.1.4 Belgium Alternative Powertrain Market Revenues & Volume, By Hybrid Powertrain, 2021- 2031F |
6.2 Belgium Alternative Powertrain Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Belgium Alternative Powertrain Market Revenues & Volume, By Battery, 2021- 2031F |
6.2.3 Belgium Alternative Powertrain Market Revenues & Volume, By Motor/Generator, 2021- 2031F |
6.2.4 Belgium Alternative Powertrain Market Revenues & Volume, By Battery Management System (BMS), 2021- 2031F |
6.2.5 Belgium Alternative Powertrain Market Revenues & Volume, By On-board Charger, 2021- 2031F |
7 Belgium Alternative Powertrain Market Import-Export Trade Statistics |
7.1 Belgium Alternative Powertrain Market Export to Major Countries |
7.2 Belgium Alternative Powertrain Market Imports from Major Countries |
8 Belgium Alternative Powertrain Market Key Performance Indicators |
8.1 Average annual growth rate of charging stations in Belgium. |
8.2 Percentage of government incentives and subsidies allocated to alternative powertrain vehicles. |
8.3 Adoption rate of alternative powertrain vehicles in key urban areas in Belgium. |
9 Belgium Alternative Powertrain Market - Opportunity Assessment |
9.1 Belgium Alternative Powertrain Market Opportunity Assessment, By Powertrain, 2021 & 2031F |
9.2 Belgium Alternative Powertrain Market Opportunity Assessment, By Component, 2021 & 2031F |
10 Belgium Alternative Powertrain Market - Competitive Landscape |
10.1 Belgium Alternative Powertrain Market Revenue Share, By Companies, 2024 |
10.2 Belgium Alternative Powertrain Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |