| Product Code: ETC6350771 | 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 |
Belgium continues to rely on imports for commercial vehicle steering columns, with top exporters in 2024 being China, Germany, Sweden, Romania, and Portugal. The market remains highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). However, there has been a notable decline in both the compound annual growth rate (CAGR) from 2020 to 2024 at -5.4% and the growth rate from 2023 to 2024, which plummeted by -36.3%. These trends suggest a challenging landscape for the import market in the commercial vehicle steering column sector in Belgium.

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 Commercial Vehicle Steering Column Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Commercial Vehicle Steering Column Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Commercial Vehicle Steering Column Market - Industry Life Cycle |
3.4 Belgium Commercial Vehicle Steering Column Market - Porter's Five Forces |
3.5 Belgium Commercial Vehicle Steering Column Market Revenues & Volume Share, By Column Type, 2021 & 2031F |
3.6 Belgium Commercial Vehicle Steering Column Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Belgium Commercial Vehicle Steering Column Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.8 Belgium Commercial Vehicle Steering Column Market Revenues & Volume Share, By Steering System, 2021 & 2031F |
4 Belgium Commercial Vehicle Steering Column Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient and lightweight steering columns in commercial vehicles |
4.2.2 Growth in the commercial vehicle industry in Belgium |
4.2.3 Technological advancements leading to the development of advanced steering column systems |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing advanced steering column technologies |
4.3.2 Fluctuating raw material prices impacting manufacturing costs |
5 Belgium Commercial Vehicle Steering Column Market Trends |
6 Belgium Commercial Vehicle Steering Column Market, By Types |
6.1 Belgium Commercial Vehicle Steering Column Market, By Column Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Commercial Vehicle Steering Column Market Revenues & Volume, By Column Type, 2021- 2031F |
6.1.3 Belgium Commercial Vehicle Steering Column Market Revenues & Volume, By Adjustable Steering Columns, 2021- 2031F |
6.1.4 Belgium Commercial Vehicle Steering Column Market Revenues & Volume, By Non-adjustable Steering Columns, 2021- 2031F |
6.2 Belgium Commercial Vehicle Steering Column Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Belgium Commercial Vehicle Steering Column Market Revenues & Volume, By Class 6 (GVWR - 19,501 to 26,000 pounds), 2021- 2031F |
6.2.3 Belgium Commercial Vehicle Steering Column Market Revenues & Volume, By Class 7 (GVWR - 26,001 to 33,000 pounds), 2021- 2031F |
6.2.4 Belgium Commercial Vehicle Steering Column Market Revenues & Volume, By Class 8 (GVWR - Above 33,000 pounds), 2021- 2031F |
6.3 Belgium Commercial Vehicle Steering Column Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Belgium Commercial Vehicle Steering Column Market Revenues & Volume, By OEM, 2021- 2031F |
6.3.3 Belgium Commercial Vehicle Steering Column Market Revenues & Volume, By OES, 2021- 2031F |
6.3.4 Belgium Commercial Vehicle Steering Column Market Revenues & Volume, By Aftermarket, 2021- 2031F |
6.4 Belgium Commercial Vehicle Steering Column Market, By Steering System |
6.4.1 Overview and Analysis |
6.4.2 Belgium Commercial Vehicle Steering Column Market Revenues & Volume, By Manual Worm & Roller Steering System, 2021- 2031F |
6.4.3 Belgium Commercial Vehicle Steering Column Market Revenues & Volume, By Power Steering System, 2021- 2031F |
6.4.4 Belgium Commercial Vehicle Steering Column Market Revenues & Volume, By Manual Recirculating Ball & Nut Steering System, 2021- 2031F |
6.4.5 Belgium Commercial Vehicle Steering Column Market Revenues & Volume, By Manual Rack and Pinion Steering System, 2021- 2031F |
7 Belgium Commercial Vehicle Steering Column Market Import-Export Trade Statistics |
7.1 Belgium Commercial Vehicle Steering Column Market Export to Major Countries |
7.2 Belgium Commercial Vehicle Steering Column Market Imports from Major Countries |
8 Belgium Commercial Vehicle Steering Column Market Key Performance Indicators |
8.1 Adoption rate of advanced steering column technologies in commercial vehicles in Belgium |
8.2 Rate of innovation in steering column design and features |
8.3 Customer satisfaction levels with steering column performance and durability |
8.4 Environmental impact of steering column materials and technologies |
8.5 Regulatory compliance of steering column systems in commercial vehicles |
9 Belgium Commercial Vehicle Steering Column Market - Opportunity Assessment |
9.1 Belgium Commercial Vehicle Steering Column Market Opportunity Assessment, By Column Type, 2021 & 2031F |
9.2 Belgium Commercial Vehicle Steering Column Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Belgium Commercial Vehicle Steering Column Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.4 Belgium Commercial Vehicle Steering Column Market Opportunity Assessment, By Steering System, 2021 & 2031F |
10 Belgium Commercial Vehicle Steering Column Market - Competitive Landscape |
10.1 Belgium Commercial Vehicle Steering Column Market Revenue Share, By Companies, 2024 |
10.2 Belgium Commercial Vehicle Steering Column Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |