| Product Code: ETC5778302 | 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 |
In 2024, Belgium continued to be a key destination for dry type transformer imports, with top exporting countries such as Poland, Germany, China, Metropolitan France, and the Netherlands leading the way. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained at a moderate level, indicating a competitive landscape. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 was strong at 10.67%, suggesting sustained interest and demand for dry type transformers 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 Dry TypeTransformer Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Dry TypeTransformer Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Dry TypeTransformer Market - Industry Life Cycle |
3.4 Belgium Dry TypeTransformer Market - Porter's Five Forces |
3.5 Belgium Dry TypeTransformer Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Belgium Dry TypeTransformer Market Revenues & Volume Share, By Phase, 2021 & 2031F |
3.7 Belgium Dry TypeTransformer Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.8 Belgium Dry TypeTransformer Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Belgium Dry TypeTransformer Market Revenues & Volume Share, By End Phase, 2021 & 2031F |
4 Belgium Dry TypeTransformer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient and environmentally friendly products in Belgium |
4.2.2 Growing investments in renewable energy sources leading to the need for transformers |
4.2.3 Government initiatives promoting the adoption of dry type transformers |
4.3 Market Restraints |
4.3.1 High initial costs associated with dry type transformers compared to traditional oil-filled transformers |
4.3.2 Lack of awareness and understanding about the benefits of dry type transformers |
4.3.3 Challenges in retrofitting existing infrastructure with dry type transformers |
5 Belgium Dry TypeTransformer Market Trends |
6 Belgium Dry TypeTransformer Market Segmentations |
6.1 Belgium Dry TypeTransformer Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Belgium Dry TypeTransformer Market Revenues & Volume, By Cast Resin, 2021-2031F |
6.1.3 Belgium Dry TypeTransformer Market Revenues & Volume, By Vacuum Pressure Impregnated, 2021-2031F |
6.2 Belgium Dry TypeTransformer Market, By Phase |
6.2.1 Overview and Analysis |
6.2.2 Belgium Dry TypeTransformer Market Revenues & Volume, By Single-Phase, 2021-2031F |
6.2.3 Belgium Dry TypeTransformer Market Revenues & Volume, By Three-Phase, 2021-2031F |
6.3 Belgium Dry TypeTransformer Market, By Voltage |
6.3.1 Overview and Analysis |
6.3.2 Belgium Dry TypeTransformer Market Revenues & Volume, By Low, 2021-2031F |
6.3.3 Belgium Dry TypeTransformer Market Revenues & Volume, By Medium, 2021-2031F |
6.4 Belgium Dry TypeTransformer Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Belgium Dry TypeTransformer Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.3 Belgium Dry TypeTransformer Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.4 Belgium Dry TypeTransformer Market Revenues & Volume, By Others, 2021-2031F |
6.5 Belgium Dry TypeTransformer Market, By End Phase |
6.5.1 Overview and Analysis |
6.5.2 Belgium Dry TypeTransformer Market Revenues & Volume, By Single, 2021-2031F |
6.5.3 Belgium Dry TypeTransformer Market Revenues & Volume, By Three, 2021-2031F |
7 Belgium Dry TypeTransformer Market Import-Export Trade Statistics |
7.1 Belgium Dry TypeTransformer Market Export to Major Countries |
7.2 Belgium Dry TypeTransformer Market Imports from Major Countries |
8 Belgium Dry TypeTransformer Market Key Performance Indicators |
8.1 Energy efficiency improvements achieved through the use of dry type transformers |
8.2 Number of new renewable energy projects using dry type transformers |
8.3 Percentage increase in government incentives for the adoption of dry type transformers |
8.4 Reduction in greenhouse gas emissions attributed to the use of dry type transformers |
8.5 Number of training programs conducted to educate stakeholders about the advantages of dry type transformers |
9 Belgium Dry TypeTransformer Market - Opportunity Assessment |
9.1 Belgium Dry TypeTransformer Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Belgium Dry TypeTransformer Market Opportunity Assessment, By Phase, 2021 & 2031F |
9.3 Belgium Dry TypeTransformer Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.4 Belgium Dry TypeTransformer Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Belgium Dry TypeTransformer Market Opportunity Assessment, By End Phase, 2021 & 2031F |
10 Belgium Dry TypeTransformer Market - Competitive Landscape |
10.1 Belgium Dry TypeTransformer Market Revenue Share, By Companies, 2024 |
10.2 Belgium Dry TypeTransformer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |