| Product Code: ETC6347837 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Belgium continued to be a key market for automotive EPS imports, with top exporting countries including Netherlands, USA, Germany, Metropolitan France, and the UK. Despite a high concentration level indicated by the HHI, the industry experienced a decline with a CAGR of -7.21% from 2020-2024. The growth rate from 2023-2024 further decreased by -29.06%, reflecting challenges faced by the sector. Monitoring these trends and understanding the dynamics of the market will be crucial for stakeholders to adapt and strategize effectively in the evolving automotive EPS import landscape.

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 EPS Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Automotive EPS Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Automotive EPS Market - Industry Life Cycle |
3.4 Belgium Automotive EPS Market - Porter's Five Forces |
3.5 Belgium Automotive EPS Market Revenues & Volume Share, By Component Type, 2021 & 2031F |
3.6 Belgium Automotive EPS Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Belgium Automotive EPS Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and fuel-efficient vehicles |
4.2.2 Growing focus on reducing emissions and meeting stringent environmental regulations |
4.2.3 Technological advancements in electric power steering systems |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs of electric power steering systems |
4.3.2 Limited availability of skilled workforce for the installation and maintenance of EPS |
4.3.3 Challenges related to integration with existing vehicle systems |
5 Belgium Automotive EPS Market Trends |
6 Belgium Automotive EPS Market, By Types |
6.1 Belgium Automotive EPS Market, By Component Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Automotive EPS Market Revenues & Volume, By Component Type, 2021- 2031F |
6.1.3 Belgium Automotive EPS Market Revenues & Volume, By Steering Wheel/Column, 2021- 2031F |
6.1.4 Belgium Automotive EPS Market Revenues & Volume, By Sensors, 2021- 2031F |
6.1.5 Belgium Automotive EPS Market Revenues & Volume, By Electronic control unit, 2021- 2031F |
6.1.6 Belgium Automotive EPS Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Belgium Automotive EPS Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Belgium Automotive EPS Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.2.3 Belgium Automotive EPS Market Revenues & Volume, By Commercial vehicles, 2021- 2031F |
7 Belgium Automotive EPS Market Import-Export Trade Statistics |
7.1 Belgium Automotive EPS Market Export to Major Countries |
7.2 Belgium Automotive EPS Market Imports from Major Countries |
8 Belgium Automotive EPS Market Key Performance Indicators |
8.1 Average fuel efficiency improvement in vehicles using EPS |
8.2 Percentage of vehicles in Belgium equipped with EPS |
8.3 Adoption rate of advanced EPS technologies in new vehicle models |
9 Belgium Automotive EPS Market - Opportunity Assessment |
9.1 Belgium Automotive EPS Market Opportunity Assessment, By Component Type, 2021 & 2031F |
9.2 Belgium Automotive EPS Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Belgium Automotive EPS Market - Competitive Landscape |
10.1 Belgium Automotive EPS Market Revenue Share, By Companies, 2024 |
10.2 Belgium Automotive EPS Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |