| Product Code: ETC11926210 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Belgium saw a significant increase in the concentration of elevator and escalator imports, with top suppliers being Netherlands, Germany, Slovakia, Italy, and Finland. The industry experienced a sharp decline with a negative Compound Annual Growth Rate (CAGR) of -13.28% from 2020 to 2024. The growth rate in 2024 further plummeted by -24.58% compared to the previous year. This shift in concentration and decline in growth rates suggest a challenging market environment for elevator and escalator imports in Belgium, highlighting the need for strategic adaptation by industry players.

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 Escalator Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Elevator Escalator Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Elevator Escalator Market - Industry Life Cycle |
3.4 Belgium Elevator Escalator Market - Porter's Five Forces |
3.5 Belgium Elevator Escalator Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium Elevator Escalator Market Revenues & Volume Share, By Service, 2021 & 2031F |
3.7 Belgium Elevator Escalator Market Revenues & Volume Share, By End user, 2021 & 2031F |
4 Belgium Elevator Escalator Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Belgium Elevator Escalator Market Trends |
6 Belgium Elevator Escalator Market, By Types |
6.1 Belgium Elevator Escalator Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Elevator Escalator Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Belgium Elevator Escalator Market Revenues & Volume, By Elevators, 2021 - 2031F |
6.1.4 Belgium Elevator Escalator Market Revenues & Volume, By Escalators, 2021 - 2031F |
6.1.5 Belgium Elevator Escalator Market Revenues & Volume, By Moving walkaways, 2021 - 2031F |
6.2 Belgium Elevator Escalator Market, By Service |
6.2.1 Overview and Analysis |
6.2.2 Belgium Elevator Escalator Market Revenues & Volume, By New Installation, 2021 - 2031F |
6.2.3 Belgium Elevator Escalator Market Revenues & Volume, By Maintenance & Repair, 2021 - 2031F |
6.2.4 Belgium Elevator Escalator Market Revenues & Volume, By Modernization, 2021 - 2031F |
6.3 Belgium Elevator Escalator Market, By End user |
6.3.1 Overview and Analysis |
6.3.2 Belgium Elevator Escalator Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 Belgium Elevator Escalator Market Revenues & Volume, By Commericial, 2021 - 2031F |
6.3.4 Belgium Elevator Escalator Market Revenues & Volume, By Large-scale, 2021 - 2031F |
7 Belgium Elevator Escalator Market Import-Export Trade Statistics |
7.1 Belgium Elevator Escalator Market Export to Major Countries |
7.2 Belgium Elevator Escalator Market Imports from Major Countries |
8 Belgium Elevator Escalator Market Key Performance Indicators |
9 Belgium Elevator Escalator Market - Opportunity Assessment |
9.1 Belgium Elevator Escalator Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium Elevator Escalator Market Opportunity Assessment, By Service, 2021 & 2031F |
9.3 Belgium Elevator Escalator Market Opportunity Assessment, By End user, 2021 & 2031F |
10 Belgium Elevator Escalator Market - Competitive Landscape |
10.1 Belgium Elevator Escalator Market Revenue Share, By Companies, 2024 |
10.2 Belgium Elevator 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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