| Product Code: ETC4971011 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Belgium continued to see a significant influx of automotive leaf springs imports, primarily sourced from key exporters such as Germany, Netherlands, Italy, USA, and Japan. Despite a high level of market concentration in 2023, the concentration remained elevated in 2024. The industry experienced a notable decline in the compound annual growth rate (CAGR) from 2020 to 2024 at -4.37%, with a sharp decrease in growth rate from 2023 to 2024 at -35.08%. These trends suggest a challenging environment for the automotive leaf springs import market in Belgium.

By 2027, Belgium's Automotive Leaf Springs market is forecasted to achieve a stable growth rate of 2.66%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

| 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 Leaf Springs Market Overview | 
| 3.1 Belgium Country Macro Economic Indicators | 
| 3.2 Belgium Automotive Leaf Springs Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Belgium Automotive Leaf Springs Market - Industry Life Cycle | 
| 3.4 Belgium Automotive Leaf Springs Market - Porter's Five Forces | 
| 3.5 Belgium Automotive Leaf Springs Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F | 
| 3.6 Belgium Automotive Leaf Springs Market Revenues & Volume Share, By Material Type, 2021 & 2031F | 
| 3.7 Belgium Automotive Leaf Springs Market Revenues & Volume Share, By Spring Type, 2021 & 2031F | 
| 3.8 Belgium Automotive Leaf Springs Market Revenues & Volume Share, By Manufacturing Processes, 2021 & 2031F | 
| 4 Belgium Automotive Leaf Springs Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing demand for commercial vehicles in Belgium | 
| 4.2.2 Growth in the automotive industry, leading to higher production of vehicles | 
| 4.2.3 Focus on lightweight materials for improved fuel efficiency and performance | 
| 4.3 Market Restraints | 
| 4.3.1 Fluctuating raw material prices impacting production costs | 
| 4.3.2 Competition from alternative suspension systems like air suspension | 
| 4.3.3 Impact of economic conditions on consumer spending and vehicle purchases | 
| 5 Belgium Automotive Leaf Springs Market Trends | 
| 6 Belgium Automotive Leaf Springs Market Segmentations | 
| 6.1 Belgium Automotive Leaf Springs Market, By Vehicle Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Belgium Automotive Leaf Springs Market Revenues & Volume, By Passenger Car, 2021-2031F | 
| 6.1.3 Belgium Automotive Leaf Springs Market Revenues & Volume, By Light Duty Vehicles, 2021-2031F | 
| 6.1.4 Belgium Automotive Leaf Springs Market Revenues & Volume, By Medium and Heavy Duty Vehicles, 2021-2031F | 
| 6.1.5 Belgium Automotive Leaf Springs Market Revenues & Volume, By Others, 2021-2031F | 
| 6.2 Belgium Automotive Leaf Springs Market, By Material Type | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Belgium Automotive Leaf Springs Market Revenues & Volume, By Metals, 2021-2031F | 
| 6.2.3 Belgium Automotive Leaf Springs Market Revenues & Volume, By Composite Material, 2021-2031F | 
| 6.3 Belgium Automotive Leaf Springs Market, By Spring Type | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Belgium Automotive Leaf Springs Market Revenues & Volume, By Mono Leaf Spring, 2021-2031F | 
| 6.3.3 Belgium Automotive Leaf Springs Market Revenues & Volume, By Multi Leaf Spring, 2021-2031F | 
| 6.4 Belgium Automotive Leaf Springs Market, By Manufacturing Processes | 
| 6.4.1 Overview and Analysis | 
| 6.4.2 Belgium Automotive Leaf Springs Market Revenues & Volume, By Shot Peening, 2021-2031F | 
| 6.4.3 Belgium Automotive Leaf Springs Market Revenues & Volume, By Prepreg Layup, 2021-2031F | 
| 6.4.4 Belgium Automotive Leaf Springs Market Revenues & Volume, By Others, 2021-2031F | 
| 7 Belgium Automotive Leaf Springs Market Import-Export Trade Statistics | 
| 7.1 Belgium Automotive Leaf Springs Market Export to Major Countries | 
| 7.2 Belgium Automotive Leaf Springs Market Imports from Major Countries | 
| 8 Belgium Automotive Leaf Springs Market Key Performance Indicators | 
| 8.1 Average age of vehicles on the road in Belgium | 
| 8.2 Adoption rate of advanced manufacturing technologies in the automotive sector | 
| 8.3 Number of new vehicle registrations in Belgium | 
| 8.4 Environmental regulations compliance by automotive manufacturers | 
| 8.5 Rate of innovation in leaf spring technology | 
| 9 Belgium Automotive Leaf Springs Market - Opportunity Assessment | 
| 9.1 Belgium Automotive Leaf Springs Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F | 
| 9.2 Belgium Automotive Leaf Springs Market Opportunity Assessment, By Material Type, 2021 & 2031F | 
| 9.3 Belgium Automotive Leaf Springs Market Opportunity Assessment, By Spring Type, 2021 & 2031F | 
| 9.4 Belgium Automotive Leaf Springs Market Opportunity Assessment, By Manufacturing Processes, 2021 & 2031F | 
| 10 Belgium Automotive Leaf Springs Market - Competitive Landscape | 
| 10.1 Belgium Automotive Leaf Springs Market Revenue Share, By Companies, 2024 | 
| 10.2 Belgium Automotive Leaf Springs Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 13 Disclaimer |