| Product Code: ETC5370410 | 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 heavily rely on electronic component imports from top countries such as China, Taiwan, Germany, USA, and Ireland. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). However, the industry experienced a significant decline with a CAGR of -7.58% from 2020 to 2024, and a sharp growth rate decrease of -34.28% from 2023 to 2024. This highlights the challenges faced by the electronic components sector in Belgium, signaling a need for strategic adjustments to navigate the changing market dynamics.

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 Electronic Components Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Electronic Components Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Electronic Components Market - Industry Life Cycle |
3.4 Belgium Electronic Components Market - Porter's Five Forces |
3.5 Belgium Electronic Components Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Belgium Electronic Components Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Belgium Electronic Components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Technological advancements in electronic components |
4.2.2 Increasing demand for smart devices and IoT applications |
4.2.3 Growing adoption of renewable energy sources driving the need for electronic components |
4.3 Market Restraints |
4.3.1 High production costs impacting pricing and profitability |
4.3.2 Fluctuating raw material prices affecting manufacturing costs |
4.3.3 Regulatory challenges and compliance requirements in the electronic components industry |
5 Belgium Electronic Components Market Trends |
6 Belgium Electronic Components Market Segmentations |
6.1 Belgium Electronic Components Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Belgium Electronic Components Market Revenues & Volume, By Passive, 2021-2031F |
6.1.3 Belgium Electronic Components Market Revenues & Volume, By Active, 2021-2031F |
6.1.4 Belgium Electronic Components Market Revenues & Volume, By Electro Mechanic, 2021-2031F |
6.2 Belgium Electronic Components Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Belgium Electronic Components Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Belgium Electronic Components Market Revenues & Volume, By Communications, 2021-2031F |
6.2.4 Belgium Electronic Components Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Belgium Electronic Components Market Revenues & Volume, By Computing Applications, 2021-2031F |
6.2.6 Belgium Electronic Components Market Revenues & Volume, By Others, 2021-2031F |
7 Belgium Electronic Components Market Import-Export Trade Statistics |
7.1 Belgium Electronic Components Market Export to Major Countries |
7.2 Belgium Electronic Components Market Imports from Major Countries |
8 Belgium Electronic Components Market Key Performance Indicators |
8.1 Research and development expenditure in the electronic components sector |
8.2 Adoption rate of new electronic components technologies in Belgium |
8.3 Number of patents filed for electronic components innovations |
8.4 Sustainability initiatives and certifications in electronic components manufacturing |
8.5 Supplier diversity initiatives and partnerships in the electronic components supply chain |
9 Belgium Electronic Components Market - Opportunity Assessment |
9.1 Belgium Electronic Components Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Belgium Electronic Components Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Belgium Electronic Components Market - Competitive Landscape |
10.1 Belgium Electronic Components Market Revenue Share, By Companies, 2024 |
10.2 Belgium Electronic Components Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |