| Product Code: ETC6352942 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Belgium saw a diverse range of countries exporting elevator motors, with Germany, Slovakia, Sweden, China, and Canada leading the pack. The market experienced a shift from high concentration in 2023 to low concentration in 2024, indicating increased competition and market openness. Despite a challenging year with a negative growth rate of -50.5%, the compound annual growth rate (CAGR) from 2020 to 2024 stood at a steady 3.21%, signaling overall resilience and potential for future growth in the elevator motors import market 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 Elevator Motors Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Elevator Motors Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Elevator Motors Market - Industry Life Cycle |
3.4 Belgium Elevator Motors Market - Porter's Five Forces |
3.5 Belgium Elevator Motors Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.6 Belgium Elevator Motors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Belgium Elevator Motors Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Belgium Elevator Motors Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Belgium Elevator Motors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Belgium Elevator Motors Market Trends |
6 Belgium Elevator Motors Market, By Types |
6.1 Belgium Elevator Motors Market, By Category |
6.1.1 Overview and Analysis |
6.1.2 Belgium Elevator Motors Market Revenues & Volume, By Category, 2021- 2031F |
6.1.3 Belgium Elevator Motors Market Revenues & Volume, By AC Motors, 2021- 2031F |
6.1.4 Belgium Elevator Motors Market Revenues & Volume, By DC Motors, 2021- 2031F |
6.2 Belgium Elevator Motors Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Belgium Elevator Motors Market Revenues & Volume, By Geared Traction Motors, 2021- 2031F |
6.2.3 Belgium Elevator Motors Market Revenues & Volume, By Gearless Traction Motors, 2021- 2031F |
6.3 Belgium Elevator Motors Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Belgium Elevator Motors Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 Belgium Elevator Motors Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4 Belgium Elevator Motors Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Belgium Elevator Motors Market Revenues & Volume, By Online, 2021- 2031F |
6.4.3 Belgium Elevator Motors Market Revenues & Volume, By Offline, 2021- 2031F |
6.4.4 Belgium Elevator Motors Market Revenues & Volume, By Direct Sales, 2021- 2031F |
6.4.5 Belgium Elevator Motors Market Revenues & Volume, By Indirect Sales, 2021- 2031F |
7 Belgium Elevator Motors Market Import-Export Trade Statistics |
7.1 Belgium Elevator Motors Market Export to Major Countries |
7.2 Belgium Elevator Motors Market Imports from Major Countries |
8 Belgium Elevator Motors Market Key Performance Indicators |
9 Belgium Elevator Motors Market - Opportunity Assessment |
9.1 Belgium Elevator Motors Market Opportunity Assessment, By Category, 2021 & 2031F |
9.2 Belgium Elevator Motors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Belgium Elevator Motors Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Belgium Elevator Motors Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Belgium Elevator Motors Market - Competitive Landscape |
10.1 Belgium Elevator Motors Market Revenue Share, By Companies, 2024 |
10.2 Belgium Elevator Motors 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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