| Product Code: ETC6348043 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Belgium continued to rely heavily on automotive power module imports, with top exporters being China, Germany, Taiwan, USA, and Ireland. Despite a high concentration of market share, the industry experienced a significant decline with a negative CAGR of -9.45% from 2020 to 2024. The growth rate plummeted by -37.34% from 2023 to 2024, indicating a challenging year for the automotive power module import market in Belgium. It will be crucial for stakeholders to monitor trends closely and adapt strategies to navigate the changing landscape effectively.

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 Power Modules Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Automotive Power Modules Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Automotive Power Modules Market - Industry Life Cycle |
3.4 Belgium Automotive Power Modules Market - Porter's Five Forces |
3.5 Belgium Automotive Power Modules Market Revenues & Volume Share, By Electric Propulsion, 2021 & 2031F |
3.6 Belgium Automotive Power Modules Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Belgium Automotive Power Modules Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles in Belgium |
4.2.2 Government initiatives promoting clean energy and sustainable transportation |
4.2.3 Technological advancements in automotive power modules |
4.2.4 Growing focus on reducing carbon emissions in the automotive sector |
4.3 Market Restraints |
4.3.1 High initial costs of automotive power modules |
4.3.2 Limited charging infrastructure for electric vehicles |
4.3.3 Competition from traditional internal combustion engine vehicles |
4.3.4 Regulatory challenges and standards compliance requirements |
5 Belgium Automotive Power Modules Market Trends |
6 Belgium Automotive Power Modules Market, By Types |
6.1 Belgium Automotive Power Modules Market, By Electric Propulsion |
6.1.1 Overview and Analysis |
6.1.2 Belgium Automotive Power Modules Market Revenues & Volume, By Electric Propulsion, 2021- 2031F |
6.1.3 Belgium Automotive Power Modules Market Revenues & Volume, By Full Hybrid Vehicle, 2021- 2031F |
6.1.4 Belgium Automotive Power Modules Market Revenues & Volume, By Plug-in Hybrid Vehicle, 2021- 2031F |
6.1.5 Belgium Automotive Power Modules Market Revenues & Volume, By Battery Electric Vehicle, 2021- 2031F |
6.2 Belgium Automotive Power Modules Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Belgium Automotive Power Modules Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.2.3 Belgium Automotive Power Modules Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F |
7 Belgium Automotive Power Modules Market Import-Export Trade Statistics |
7.1 Belgium Automotive Power Modules Market Export to Major Countries |
7.2 Belgium Automotive Power Modules Market Imports from Major Countries |
8 Belgium Automotive Power Modules Market Key Performance Indicators |
8.1 Average vehicle range per charge |
8.2 Number of public charging stations in Belgium |
8.3 Investments in RD for automotive power modules |
8.4 Average price of automotive power modules |
8.5 Percentage of electric vehicles in total vehicle sales in Belgium |
9 Belgium Automotive Power Modules Market - Opportunity Assessment |
9.1 Belgium Automotive Power Modules Market Opportunity Assessment, By Electric Propulsion, 2021 & 2031F |
9.2 Belgium Automotive Power Modules Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Belgium Automotive Power Modules Market - Competitive Landscape |
10.1 Belgium Automotive Power Modules Market Revenue Share, By Companies, 2024 |
10.2 Belgium Automotive Power Modules Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |