| Product Code: ETC4647422 | 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 elevator and escalator import shipments in 2024 saw a shift towards higher concentration with top exporting countries being Netherlands, Germany, Slovakia, Italy, and Finland. The market experienced a significant decline with a CAGR of -13.28% from 2020 to 2024, coupled with a steep growth rate decrease of -24.58% from 2023 to 2024. This change in concentration levels indicates a more competitive landscape in the industry, potentially leading to heightened market dynamics and strategic maneuvers by key players in the coming years.

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 Elevator and Escalator Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Elevator and Escalator Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Elevator and Escalator Market - Industry Life Cycle |
3.4 Belgium Elevator and Escalator Market - Porter's Five Forces |
3.5 Belgium Elevator and Escalator Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Belgium Elevator and Escalator Market Revenues & Volume Share, By Services, 2021 & 2031F |
3.7 Belgium Elevator and Escalator Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Belgium Elevator and Escalator Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and infrastructure development in Belgium |
4.2.2 Growing focus on sustainability and energy efficiency in building construction |
4.2.3 Strict regulations and standards for safety and accessibility in public spaces |
4.3 Market Restraints |
4.3.1 High initial installation and maintenance costs for elevators and escalators |
4.3.2 Economic uncertainty impacting new construction projects |
4.3.3 Limited space availability in existing buildings for retrofitting elevators and escalators |
5 Belgium Elevator and Escalator Market Trends |
6 Belgium Elevator and Escalator Market Segmentations |
6.1 Belgium Elevator and Escalator Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Belgium Elevator and Escalator Market Revenues & Volume, By Elevator, 2021-2031F |
6.1.3 Belgium Elevator and Escalator Market Revenues & Volume, By Escalator, 2021-2031F |
6.1.4 Belgium Elevator and Escalator Market Revenues & Volume, By Moving Walkways, 2021-2031F |
6.2 Belgium Elevator and Escalator Market, By Services |
6.2.1 Overview and Analysis |
6.2.2 Belgium Elevator and Escalator Market Revenues & Volume, By Maintenance & Repair, 2021-2031F |
6.2.3 Belgium Elevator and Escalator Market Revenues & Volume, By New Installation, 2021-2031F |
6.2.4 Belgium Elevator and Escalator Market Revenues & Volume, By Modernization, 2021-2031F |
6.3 Belgium Elevator and Escalator Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Belgium Elevator and Escalator Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Belgium Elevator and Escalator Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.4 Belgium Elevator and Escalator Market Revenues & Volume, By Public, 2021-2031F |
7 Belgium Elevator and Escalator Market Import-Export Trade Statistics |
7.1 Belgium Elevator and Escalator Market Export to Major Countries |
7.2 Belgium Elevator and Escalator Market Imports from Major Countries |
8 Belgium Elevator and Escalator Market Key Performance Indicators |
8.1 Average number of new building permits issued in Belgium |
8.2 Percentage of new construction projects incorporating sustainable building practices |
8.3 Number of accidents or incidents related to elevators and escalators in public spaces |
9 Belgium Elevator and Escalator Market - Opportunity Assessment |
9.1 Belgium Elevator and Escalator Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Belgium Elevator and Escalator Market Opportunity Assessment, By Services, 2021 & 2031F |
9.3 Belgium Elevator and Escalator Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Belgium Elevator and Escalator Market - Competitive Landscape |
10.1 Belgium Elevator and Escalator Market Revenue Share, By Companies, 2024 |
10.2 Belgium Elevator and Escalator 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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