| Product Code: ETC5180885 | 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 |
Belgium`s import of drilling and tapping machines in 2024 continued to be dominated by key exporters such as Netherlands, China, Germany, Turkey, and the USA. Despite a slight growth in the CAGR from 2020-2024 at 1.24%, the market saw a decline in growth rate from 2023-2024 at -7.74%. The High Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges for market competition and pricing dynamics in the industry. Monitoring these trends will be crucial for stakeholders in the drilling and tapping machine import 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 Drilling and Tapping Machine Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Drilling and Tapping Machine Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Drilling and Tapping Machine Market - Industry Life Cycle |
3.4 Belgium Drilling and Tapping Machine Market - Porter's Five Forces |
3.5 Belgium Drilling and Tapping Machine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium Drilling and Tapping Machine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Belgium Drilling and Tapping Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for precision engineering in industries such as automotive and aerospace |
4.2.2 Technological advancements leading to more efficient and automated drilling and tapping machines |
4.2.3 Government initiatives promoting manufacturing sector growth in Belgium |
4.3 Market Restraints |
4.3.1 High initial investment cost for drilling and tapping machines |
4.3.2 Fluctuating raw material prices affecting manufacturing costs |
4.3.3 Intense competition from established global players in the market |
5 Belgium Drilling and Tapping Machine Market Trends |
6 Belgium Drilling and Tapping Machine Market Segmentations |
6.1 Belgium Drilling and Tapping Machine Market, By Type |
6.1.1 Overview and Analysis | 6.1.3 Belgium Drilling and Tapping Machine Market Revenues & Volume, By Portable Dose Rate Monitor, 2021-2031F |
6.1.3 Belgium Drilling and Tapping Machine Market Revenues & Volume, By Handheld Dose Rate Monitor, 2021-2031F |
6.2 Belgium Drilling and Tapping Machine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Belgium Drilling and Tapping Machine Market Revenues & Volume, By Radiation Monitoring, 2021-2031F |
6.2.3 Belgium Drilling and Tapping Machine Market Revenues & Volume, By Radiation Clean-up, 2021-2031F |
6.2.4 Belgium Drilling and Tapping Machine Market Revenues & Volume, By NuclearMedicine, 2021-2031F |
6.2.5 Belgium Drilling and Tapping Machine Market Revenues & Volume, By Non Destructive Testing, 2021-2031F |
7 Belgium Drilling and Tapping Machine Market Import-Export Trade Statistics |
7.1 Belgium Drilling and Tapping Machine Market Export to Major Countries |
7.2 Belgium Drilling and Tapping Machine Market Imports from Major Countries |
8 Belgium Drilling and Tapping Machine Market Key Performance Indicators |
8.1 Adoption rate of automated drilling and tapping machines in Belgian industries |
8.2 Number of government contracts awarded for manufacturing sector development |
8.3 Average time taken for companies to recover initial investment in drilling and tapping machines |
8.4 Rate of innovation in drilling and tapping machine technology |
8.5 Percentage of Belgian companies using drilling and tapping machines for in-house production |
9 Belgium Drilling and Tapping Machine Market - Opportunity Assessment |
9.1 Belgium Drilling and Tapping Machine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium Drilling and Tapping Machine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Belgium Drilling and Tapping Machine Market - Competitive Landscape |
10.1 Belgium Drilling and Tapping Machine Market Revenue Share, By Companies, 2024 |
10.2 Belgium Drilling and Tapping Machine 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.
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