Belgium Automotive Electric Power Steering Market (2025-2031) | Companies, Analysis, Industry, Growth, Trends, Size & Revenue, Segmentation, Forecast, Value, Outlook, Share, Competitive Landscape

Market Forecast By Motor Assist (Column Assist, Pinion Assist, Rack Assist), By Technology (Conventional EPS, EPS with ADAS), By Component (EPS Control Module, Electric Motor, Rack & Pinion, Steering Column), By Vehicle Type (Passenger Vehicle, Utility Vehicles, Light Commercial Vehicles, Heavy Duty Trucks, Buses & Coaches) And Competitive Landscape
Product Code: ETC6347846 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

Belgium Automotive Electric Power Steering Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Belgium`s import of automotive electric power steering systems in 2024 continued to be dominated by top exporting countries such as Sweden, Italy, Metropolitan France, Germany, and India. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market share among these countries. Despite a moderate Compound Annual Growth Rate (CAGR) of 7.55% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -5.77%. This suggests a stable but potentially slowing market for electric power steering imports in Belgium.

Belgium Automotive Electric Power Steering Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Belgium Automotive Electric Power Steering Market Outlook
  • Market Size of Belgium Automotive Electric Power Steering Market, 2024
  • Forecast of Belgium Automotive Electric Power Steering Market, 2031
  • Historical Data and Forecast of Belgium Automotive Electric Power Steering Revenues & Volume for the Period 2021- 2031
  • Belgium Automotive Electric Power Steering Market Trend Evolution
  • Belgium Automotive Electric Power Steering Market Drivers and Challenges
  • Belgium Automotive Electric Power Steering Price Trends
  • Belgium Automotive Electric Power Steering Porter's Five Forces
  • Belgium Automotive Electric Power Steering Industry Life Cycle
  • Historical Data and Forecast of Belgium Automotive Electric Power Steering Market Revenues & Volume By Motor Assist for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Automotive Electric Power Steering Market Revenues & Volume By Column Assist for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Automotive Electric Power Steering Market Revenues & Volume By Pinion Assist for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Automotive Electric Power Steering Market Revenues & Volume By Rack Assist for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Automotive Electric Power Steering Market Revenues & Volume By Technology for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Automotive Electric Power Steering Market Revenues & Volume By Conventional EPS for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Automotive Electric Power Steering Market Revenues & Volume By EPS with ADAS for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Automotive Electric Power Steering Market Revenues & Volume By Component for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Automotive Electric Power Steering Market Revenues & Volume By EPS Control Module for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Automotive Electric Power Steering Market Revenues & Volume By Electric Motor for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Automotive Electric Power Steering Market Revenues & Volume By Rack & Pinion for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Automotive Electric Power Steering Market Revenues & Volume By Steering Column for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Automotive Electric Power Steering Market Revenues & Volume By Vehicle Type for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Automotive Electric Power Steering Market Revenues & Volume By Passenger Vehicle for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Automotive Electric Power Steering Market Revenues & Volume By Utility Vehicles for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Automotive Electric Power Steering Market Revenues & Volume By Light Commercial Vehicles for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Automotive Electric Power Steering Market Revenues & Volume By Heavy Duty Trucks for the Period 2021- 2031
  • Historical Data and Forecast of Belgium Automotive Electric Power Steering Market Revenues & Volume By Buses & Coaches for the Period 2021- 2031
  • Belgium Automotive Electric Power Steering Import Export Trade Statistics
  • Market Opportunity Assessment By Motor Assist
  • Market Opportunity Assessment By Technology
  • Market Opportunity Assessment By Component
  • Market Opportunity Assessment By Vehicle Type
  • Belgium Automotive Electric Power Steering Top Companies Market Share
  • Belgium Automotive Electric Power Steering Competitive Benchmarking By Technical and Operational Parameters
  • Belgium Automotive Electric Power Steering Company Profiles
  • Belgium Automotive Electric Power Steering Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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6Wresearch actively monitors the Belgium Automotive Electric Power Steering Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Belgium Automotive Electric Power Steering Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Electric Power Steering Market Overview

3.1 Belgium Country Macro Economic Indicators

3.2 Belgium Automotive Electric Power Steering Market Revenues & Volume, 2021 & 2031F

3.3 Belgium Automotive Electric Power Steering Market - Industry Life Cycle

3.4 Belgium Automotive Electric Power Steering Market - Porter's Five Forces

3.5 Belgium Automotive Electric Power Steering Market Revenues & Volume Share, By Motor Assist, 2021 & 2031F

3.6 Belgium Automotive Electric Power Steering Market Revenues & Volume Share, By Technology, 2021 & 2031F

3.7 Belgium Automotive Electric Power Steering Market Revenues & Volume Share, By Component, 2021 & 2031F

3.8 Belgium Automotive Electric Power Steering Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F

4 Belgium Automotive Electric Power Steering Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for fuel-efficient vehicles

4.2.2 Growing trend towards electric vehicles in Belgium

4.2.3 Stringent government regulations promoting the adoption of electric power steering systems

4.3 Market Restraints

4.3.1 High initial costs associated with electric power steering systems

4.3.2 Limited availability of charging infrastructure for electric vehicles in Belgium

5 Belgium Automotive Electric Power Steering Market Trends

6 Belgium Automotive Electric Power Steering Market, By Types

6.1 Belgium Automotive Electric Power Steering Market, By Motor Assist

6.1.1 Overview and Analysis

6.1.2 Belgium Automotive Electric Power Steering Market Revenues & Volume, By Motor Assist, 2021- 2031F

6.1.3 Belgium Automotive Electric Power Steering Market Revenues & Volume, By Column Assist, 2021- 2031F

6.1.4 Belgium Automotive Electric Power Steering Market Revenues & Volume, By Pinion Assist, 2021- 2031F

6.1.5 Belgium Automotive Electric Power Steering Market Revenues & Volume, By Rack Assist, 2021- 2031F

6.2 Belgium Automotive Electric Power Steering Market, By Technology

6.2.1 Overview and Analysis

6.2.2 Belgium Automotive Electric Power Steering Market Revenues & Volume, By Conventional EPS, 2021- 2031F

6.2.3 Belgium Automotive Electric Power Steering Market Revenues & Volume, By EPS with ADAS, 2021- 2031F

6.3 Belgium Automotive Electric Power Steering Market, By Component

6.3.1 Overview and Analysis

6.3.2 Belgium Automotive Electric Power Steering Market Revenues & Volume, By EPS Control Module, 2021- 2031F

6.3.3 Belgium Automotive Electric Power Steering Market Revenues & Volume, By Electric Motor, 2021- 2031F

6.3.4 Belgium Automotive Electric Power Steering Market Revenues & Volume, By Rack & Pinion, 2021- 2031F

6.3.5 Belgium Automotive Electric Power Steering Market Revenues & Volume, By Steering Column, 2021- 2031F

6.4 Belgium Automotive Electric Power Steering Market, By Vehicle Type

6.4.1 Overview and Analysis

6.4.2 Belgium Automotive Electric Power Steering Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F

6.4.3 Belgium Automotive Electric Power Steering Market Revenues & Volume, By Utility Vehicles, 2021- 2031F

6.4.4 Belgium Automotive Electric Power Steering Market Revenues & Volume, By Light Commercial Vehicles, 2021- 2031F

6.4.5 Belgium Automotive Electric Power Steering Market Revenues & Volume, By Heavy Duty Trucks, 2021- 2031F

6.4.6 Belgium Automotive Electric Power Steering Market Revenues & Volume, By Buses & Coaches, 2021- 2031F

7 Belgium Automotive Electric Power Steering Market Import-Export Trade Statistics

7.1 Belgium Automotive Electric Power Steering Market Export to Major Countries

7.2 Belgium Automotive Electric Power Steering Market Imports from Major Countries

8 Belgium Automotive Electric Power Steering Market Key Performance Indicators

8.1 Average fuel efficiency improvement in vehicles equipped with electric power steering systems

8.2 Number of electric vehicle registrations in Belgium

8.3 Percentage of vehicles equipped with electric power steering systems that meet or exceed government regulations for emissions and safety

9 Belgium Automotive Electric Power Steering Market - Opportunity Assessment

9.1 Belgium Automotive Electric Power Steering Market Opportunity Assessment, By Motor Assist, 2021 & 2031F

9.2 Belgium Automotive Electric Power Steering Market Opportunity Assessment, By Technology, 2021 & 2031F

9.3 Belgium Automotive Electric Power Steering Market Opportunity Assessment, By Component, 2021 & 2031F

9.4 Belgium Automotive Electric Power Steering Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F

10 Belgium Automotive Electric Power Steering Market - Competitive Landscape

10.1 Belgium Automotive Electric Power Steering Market Revenue Share, By Companies, 2024

10.2 Belgium Automotive Electric Power Steering Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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