| Product Code: ETC4722966 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Belgium continued to witness a steady inflow of automotive heat exchanger imports, primarily sourced from top exporters like Germany, Czechia, China, Metropolitan France, and Japan. The market remained competitive with low concentration indicated by the Herfindahl-Hirschman Index (HHI). Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 stood at a promising 8.19%, signaling a resilient and evolving market landscape in the automotive heat exchanger segment.

The Automotive Heat Exchanger market in Belgium is projected to grow at a stable growth rate of 2.74% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Heat Exchanger Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Automotive Heat Exchanger Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Automotive Heat Exchanger Market - Industry Life Cycle |
3.4 Belgium Automotive Heat Exchanger Market - Porter's Five Forces |
3.5 Belgium Automotive Heat Exchanger Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Belgium Automotive Heat Exchanger Market Revenues & Volume Share, By Design Type, 2021 & 2031F |
3.7 Belgium Automotive Heat Exchanger Market Revenues & Volume Share, By Electric Vehicle Type, 2021 & 2031F |
3.8 Belgium Automotive Heat Exchanger Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.9 Belgium Automotive Heat Exchanger Market Revenues & Volume Share, By Off-Highway Vehicle Type, 2021 & 2031F |
4 Belgium Automotive Heat Exchanger Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles in Belgium |
4.2.2 Growing focus on reducing carbon emissions in the automotive sector |
4.2.3 Technological advancements in heat exchanger materials and designs |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs |
4.3.2 Stringent government regulations related to automotive emissions standards |
4.3.3 Competition from alternative cooling technologies in the automotive industry |
5 Belgium Automotive Heat Exchanger Market Trends |
6 Belgium Automotive Heat Exchanger Market Segmentations |
6.1 Belgium Automotive Heat Exchanger Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Belgium Automotive Heat Exchanger Market Revenues & Volume, By Air Conditioning Systems, 2021-2031F |
6.1.3 Belgium Automotive Heat Exchanger Market Revenues & Volume, By Exhaust Gas Heat Exchangers, 2021-2031F |
6.1.4 Belgium Automotive Heat Exchanger Market Revenues & Volume, By Intercoolers, 2021-2031F |
6.1.5 Belgium Automotive Heat Exchanger Market Revenues & Volume, By Oil Coolers, 2021-2031F |
6.1.6 Belgium Automotive Heat Exchanger Market Revenues & Volume, By Radiators, 2021-2031F |
6.2 Belgium Automotive Heat Exchanger Market, By Design Type |
6.2.1 Overview and Analysis |
6.2.2 Belgium Automotive Heat Exchanger Market Revenues & Volume, By Plate Bar, 2021-2031F |
6.2.3 Belgium Automotive Heat Exchanger Market Revenues & Volume, By Tube Fin, 2021-2031F |
6.2.4 Belgium Automotive Heat Exchanger Market Revenues & Volume, By Others, 2021-2031F |
6.3 Belgium Automotive Heat Exchanger Market, By Electric Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Belgium Automotive Heat Exchanger Market Revenues & Volume, By BEV, 2021-2031F |
6.3.3 Belgium Automotive Heat Exchanger Market Revenues & Volume, By HEV, 2021-2031F |
6.3.4 Belgium Automotive Heat Exchanger Market Revenues & Volume, By PHEV, 2021-2031F |
6.4 Belgium Automotive Heat Exchanger Market, By Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 Belgium Automotive Heat Exchanger Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.4.3 Belgium Automotive Heat Exchanger Market Revenues & Volume, By Light Commercial Vehicle, 2021-2031F |
6.4.4 Belgium Automotive Heat Exchanger Market Revenues & Volume, By Heavy Commercial Vehicle, 2021-2031F |
6.5 Belgium Automotive Heat Exchanger Market, By Off-Highway Vehicle Type |
6.5.1 Overview and Analysis |
6.5.2 Belgium Automotive Heat Exchanger Market Revenues & Volume, By Agricultural Equipment, 2021-2031F |
6.5.3 Belgium Automotive Heat Exchanger Market Revenues & Volume, By Construction Equipment, 2021-2031F |
7 Belgium Automotive Heat Exchanger Market Import-Export Trade Statistics |
7.1 Belgium Automotive Heat Exchanger Market Export to Major Countries |
7.2 Belgium Automotive Heat Exchanger Market Imports from Major Countries |
8 Belgium Automotive Heat Exchanger Market Key Performance Indicators |
8.1 Average fuel efficiency improvement in vehicles using heat exchangers |
8.2 Adoption rate of advanced heat exchanger technologies in new vehicle models |
8.3 Number of patents filed for innovative heat exchanger designs |
8.4 Investment in research and development for automotive heat exchangers |
8.5 Rate of adoption of sustainable manufacturing practices in the automotive heat exchanger industry |
9 Belgium Automotive Heat Exchanger Market - Opportunity Assessment |
9.1 Belgium Automotive Heat Exchanger Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Belgium Automotive Heat Exchanger Market Opportunity Assessment, By Design Type, 2021 & 2031F |
9.3 Belgium Automotive Heat Exchanger Market Opportunity Assessment, By Electric Vehicle Type, 2021 & 2031F |
9.4 Belgium Automotive Heat Exchanger Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.5 Belgium Automotive Heat Exchanger Market Opportunity Assessment, By Off-Highway Vehicle Type, 2021 & 2031F |
10 Belgium Automotive Heat Exchanger Market - Competitive Landscape |
10.1 Belgium Automotive Heat Exchanger Market Revenue Share, By Companies, 2024 |
10.2 Belgium Automotive Heat Exchanger Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |