| Product Code: ETC5892948 | 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 experienced a shift in the automotive bearing import landscape as top exporters like Germany, Austria, and China maintained their positions while countries like Romania and Metropolitan France gained traction. The market showed signs of decreased concentration with a lower Herfindahl-Hirschman Index (HHI), indicating a more balanced competitive environment. Despite a negative compound annual growth rate (CAGR) of -6.3% from 2020 to 2024, the significant drop in growth rate from 2023 to 2024 at -28.73% suggests potential challenges and adjustments in the automotive bearing import market in Belgium.

The Automotive Bearing market in Belgium is projected to grow at a stable growth rate of 2.12% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

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 Automotive Bearing Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Automotive Bearing Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Automotive Bearing Market - Industry Life Cycle |
3.4 Belgium Automotive Bearing Market - Porter's Five Forces |
3.5 Belgium Automotive Bearing Market Revenues & Volume Share, By Bearing Type, 2021 & 2031F |
3.6 Belgium Automotive Bearing Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Belgium Automotive Bearing Market Revenues & Volume Share, By Aftermarket, 2021 & 2031F |
3.8 Belgium Automotive Bearing Market Revenues & Volume Share, By , 2021 & 2031F |
4 Belgium Automotive Bearing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles in Belgium, leading to higher adoption of automotive bearings for electric vehicle components. |
4.2.2 Growing automotive production and sales in Belgium, driving the need for automotive bearings in vehicles. |
4.2.3 Technological advancements in automotive bearings, such as lightweight materials and improved performance, enhancing the market growth. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the manufacturing costs of automotive bearings. |
4.3.2 Stringent regulations related to emissions and vehicle safety standards may require investments in developing specialized automotive bearings, adding to costs. |
4.3.3 Competition from substitute products like bushings and magnetic bearings affecting the demand for traditional automotive bearings. |
5 Belgium Automotive Bearing Market Trends |
6 Belgium Automotive Bearing Market Segmentations |
6.1 Belgium Automotive Bearing Market, By Bearing Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Automotive Bearing Market Revenues & Volume, By Ball bearing, 2021-2031F |
6.1.3 Belgium Automotive Bearing Market Revenues & Volume, By Roller bearing , 2021-2031F |
6.1.4 Belgium Automotive Bearing Market Revenues & Volume, By others, 2021-2031F |
6.2 Belgium Automotive Bearing Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Belgium Automotive Bearing Market Revenues & Volume, By PC, 2021-2031F |
6.2.3 Belgium Automotive Bearing Market Revenues & Volume, By LCV, 2021-2031F |
6.2.4 Belgium Automotive Bearing Market Revenues & Volume, By HCV , 2021-2031F |
6.2.5 Belgium Automotive Bearing Market Revenues & Volume, By Two-wheelers, 2021-2031F |
6.3 Belgium Automotive Bearing Market, By Aftermarket |
6.3.1 Overview and Analysis |
6.3.2 Belgium Automotive Bearing Market Revenues & Volume, By Vehicle Type, 2021-2031F |
6.3.3 Belgium Automotive Bearing Market Revenues & Volume, By Application, 2021-2031F |
6.4 Belgium Automotive Bearing Market, By |
6.4.1 Overview and Analysis |
7 Belgium Automotive Bearing Market Import-Export Trade Statistics |
7.1 Belgium Automotive Bearing Market Export to Major Countries |
7.2 Belgium Automotive Bearing Market Imports from Major Countries |
8 Belgium Automotive Bearing Market Key Performance Indicators |
8.1 Average lifespan of automotive bearings used in vehicles in Belgium. |
8.2 Rate of adoption of advanced materials and technologies in automotive bearings. |
8.3 Number of research and development initiatives focused on enhancing automotive bearing performance in Belgium. |
9 Belgium Automotive Bearing Market - Opportunity Assessment |
9.1 Belgium Automotive Bearing Market Opportunity Assessment, By Bearing Type, 2021 & 2031F |
9.2 Belgium Automotive Bearing Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Belgium Automotive Bearing Market Opportunity Assessment, By Aftermarket, 2021 & 2031F |
9.4 Belgium Automotive Bearing Market Opportunity Assessment, By , 2021 & 2031F |
10 Belgium Automotive Bearing Market - Competitive Landscape |
10.1 Belgium Automotive Bearing Market Revenue Share, By Companies, 2024 |
10.2 Belgium Automotive Bearing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |