| Product Code: ETC5883106 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Belgium continues to be a key hub for connected truck imports, with top exporting countries including Metropolitan France, Netherlands, Germany, Sweden, and Poland. The market shows healthy growth, with a compound annual growth rate (CAGR) of 8.53% from 2020 to 2024. Although the growth rate dipped slightly in 2024 by -11.87%, the Herfindahl-Hirschman Index (HHI) indicates low concentration in the market, suggesting a diverse range of suppliers contributing to Belgium`s connected truck import shipments. This data reflects a dynamic and competitive landscape for the industry 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 Connected Truck Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Connected Truck Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Connected Truck Market - Industry Life Cycle |
3.4 Belgium Connected Truck Market - Porter's Five Forces |
3.5 Belgium Connected Truck Market Revenues & Volume Share, By Range, 2021 & 2031F |
3.6 Belgium Connected Truck Market Revenues & Volume Share, By Service, 2021 & 2031F |
3.7 Belgium Connected Truck Market Revenues & Volume Share, By Component, 2021 & 2031F |
4 Belgium Connected Truck Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for real-time tracking and monitoring of fleet vehicles |
4.2.2 Growing focus on improving operational efficiency and reducing fuel consumption |
4.2.3 Technological advancements in telematics and IoT solutions for the transportation industry |
4.3 Market Restraints |
4.3.1 High initial investment costs for implementing connected truck solutions |
4.3.2 Concerns regarding data privacy and cybersecurity risks associated with connected truck systems |
4.3.3 Challenges in integrating connected truck technologies with existing fleet management systems |
5 Belgium Connected Truck Market Trends |
6 Belgium Connected Truck Market Segmentations |
6.1 Belgium Connected Truck Market, By Range |
6.1.1 Overview and Analysis |
6.1.2 Belgium Connected Truck Market Revenues & Volume, By DSRC , 2021-2031F |
6.1.3 Belgium Connected Truck Market Revenues & Volume, By Cellular, 2021-2031F |
6.2 Belgium Connected Truck Market, By Service |
6.2.1 Overview and Analysis |
6.2.2 Belgium Connected Truck Market Revenues & Volume, By Fleet Management , 2021-2031F |
6.2.3 Belgium Connected Truck Market Revenues & Volume, By Cybersecurity & Updates, 2021-2031F |
6.3 Belgium Connected Truck Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Belgium Connected Truck Market Revenues & Volume, By Hardware , 2021-2031F |
6.3.3 Belgium Connected Truck Market Revenues & Volume, By Software, 2021-2031F |
7 Belgium Connected Truck Market Import-Export Trade Statistics |
7.1 Belgium Connected Truck Market Export to Major Countries |
7.2 Belgium Connected Truck Market Imports from Major Countries |
8 Belgium Connected Truck Market Key Performance Indicators |
8.1 Average fuel savings percentage achieved through connected truck solutions |
8.2 Reduction in maintenance costs per vehicle after adopting connected truck technologies |
8.3 Increase in driver productivity and on-time deliveries due to real-time tracking and monitoring |
8.4 Percentage improvement in overall fleet efficiency and utilization |
8.5 Rate of adoption of connected truck solutions among transportation companies in Belgium |
9 Belgium Connected Truck Market - Opportunity Assessment |
9.1 Belgium Connected Truck Market Opportunity Assessment, By Range, 2021 & 2031F |
9.2 Belgium Connected Truck Market Opportunity Assessment, By Service, 2021 & 2031F |
9.3 Belgium Connected Truck Market Opportunity Assessment, By Component, 2021 & 2031F |
10 Belgium Connected Truck Market - Competitive Landscape |
10.1 Belgium Connected Truck Market Revenue Share, By Companies, 2024 |
10.2 Belgium Connected Truck Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here