| Product Code: ETC6352591 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Belgium saw a shift in the import landscape of EV batteries, with top exporters being China, Hungary, South Korea, Netherlands, and Poland. The market experienced a notable decrease in concentration from 2023 to 2024, moving from high to moderate. Despite a decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained strong at 11.99%. This indicates a stable demand for EV batteries in Belgium, with a diverse range of suppliers contributing to the 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 EV Battery Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium EV Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium EV Battery Market - Industry Life Cycle |
3.4 Belgium EV Battery Market - Porter's Five Forces |
3.5 Belgium EV Battery Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.6 Belgium EV Battery Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.7 Belgium EV Battery Market Revenues & Volume Share, By Battery Form, 2021 & 2031F |
3.8 Belgium EV Battery Market Revenues & Volume Share, By Based on Vehicle Type, 2021 & 2031F |
3.9 Belgium EV Battery Market Revenues & Volume Share, By Material type, 2021 & 2031F |
3.10 Belgium EV Battery Market Revenues & Volume Share, By Battery Capacity, 2021 & 2031F |
3.11 Belgium EV Battery Market Revenues & Volume Share, By Li-Ion Battery Component, 2021 & 2031F |
4 Belgium EV Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives and subsidies promoting the adoption of electric vehicles in Belgium. |
4.2.2 Growing environmental concerns and the shift towards sustainable transportation solutions. |
4.2.3 Technological advancements in EV battery technology leading to improved performance and efficiency. |
4.3 Market Restraints |
4.3.1 High initial costs associated with EV batteries and charging infrastructure. |
4.3.2 Limited availability of fast-charging stations, impacting the convenience of EV usage. |
5 Belgium EV Battery Market Trends |
6 Belgium EV Battery Market, By Types |
6.1 Belgium EV Battery Market, By Battery Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium EV Battery Market Revenues & Volume, By Battery Type, 2021- 2031F |
6.1.3 Belgium EV Battery Market Revenues & Volume, By Lead-Acid, 2021- 2031F |
6.1.4 Belgium EV Battery Market Revenues & Volume, By Lithium-Ion, 2021- 2031F |
6.1.5 Belgium EV Battery Market Revenues & Volume, By Solid-State, 2021- 2031F |
6.1.6 Belgium EV Battery Market Revenues & Volume, By Nickel-Metal Hydride, 2021- 2031F |
6.1.7 Belgium EV Battery Market Revenues & Volume, By Sodium-Ion, 2021- 2031F |
6.1.8 Belgium EV Battery Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Belgium EV Battery Market, By Propulsion |
6.2.1 Overview and Analysis |
6.2.2 Belgium EV Battery Market Revenues & Volume, By BEV, 2021- 2031F |
6.2.3 Belgium EV Battery Market Revenues & Volume, By PHEV, 2021- 2031F |
6.2.4 Belgium EV Battery Market Revenues & Volume, By FCEV, 2021- 2031F |
6.2.5 Belgium EV Battery Market Revenues & Volume, By HEV, 2021- 2031F |
6.3 Belgium EV Battery Market, By Battery Form |
6.3.1 Overview and Analysis |
6.3.2 Belgium EV Battery Market Revenues & Volume, By Prismatic, 2021- 2031F |
6.3.3 Belgium EV Battery Market Revenues & Volume, By Pouch, 2021- 2031F |
6.3.4 Belgium EV Battery Market Revenues & Volume, By Cylindrical, 2021- 2031F |
6.4 Belgium EV Battery Market, By Based on Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 Belgium EV Battery Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.4.3 Belgium EV Battery Market Revenues & Volume, By Vans/Light Trucks, 2021- 2031F |
6.4.4 Belgium EV Battery Market Revenues & Volume, By Medium & Heavy Trucks, 2021- 2031F |
6.4.5 Belgium EV Battery Market Revenues & Volume, By Buses, 2021- 2031F |
6.4.6 Belgium EV Battery Market Revenues & Volume, By Off-Highway Vehicles, 2021- 2031F |
6.5 Belgium EV Battery Market, By Material type |
6.5.1 Overview and Analysis |
6.5.2 Belgium EV Battery Market Revenues & Volume, By Cobalt, 2021- 2031F |
6.5.3 Belgium EV Battery Market Revenues & Volume, By Lithium, 2021- 2031F |
6.5.4 Belgium EV Battery Market Revenues & Volume, By Natural Graphite, 2021- 2031F |
6.5.5 Belgium EV Battery Market Revenues & Volume, By Manganese, 2021- 2031F |
6.5.6 Belgium EV Battery Market Revenues & Volume, By Iron, 2021- 2031F |
6.5.7 Belgium EV Battery Market Revenues & Volume, By Phosphate, 2021- 2031F |
6.5.8 Belgium EV Battery Market Revenues & Volume, By Others, 2021- 2031F |
6.5.9 Belgium EV Battery Market Revenues & Volume, By Others, 2021- 2031F |
6.6 Belgium EV Battery Market, By Battery Capacity |
6.6.1 Overview and Analysis |
6.6.2 Belgium EV Battery Market Revenues & Volume, By <50 kWh, 2021- 2031F |
6.6.3 Belgium EV Battery Market Revenues & Volume, By 50110 kW, 2021- 2031F |
6.6.4 Belgium EV Battery Market Revenues & Volume, By 111200 kWh, 2021- 2031F |
6.6.5 Belgium EV Battery Market Revenues & Volume, By 201300 kWh, 2021- 2031F |
6.6.6 Belgium EV Battery Market Revenues & Volume, By >300 kWh, 2021- 2031F |
6.7 Belgium EV Battery Market, By Li-Ion Battery Component |
6.7.1 Overview and Analysis |
6.7.2 Belgium EV Battery Market Revenues & Volume, By Positive Electrode, 2021- 2031F |
6.7.3 Belgium EV Battery Market Revenues & Volume, By Negative Electrode, 2021- 2031F |
6.7.4 Belgium EV Battery Market Revenues & Volume, By Separator, 2021- 2031F |
6.7.5 Belgium EV Battery Market Revenues & Volume, By Separator, 2021- 2031F |
7 Belgium EV Battery Market Import-Export Trade Statistics |
7.1 Belgium EV Battery Market Export to Major Countries |
7.2 Belgium EV Battery Market Imports from Major Countries |
8 Belgium EV Battery Market Key Performance Indicators |
8.1 Average EV battery range per charge. |
8.2 Number of public charging stations per capita. |
8.3 Percentage of EVs in total vehicle registrations in Belgium. |
9 Belgium EV Battery Market - Opportunity Assessment |
9.1 Belgium EV Battery Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
9.2 Belgium EV Battery Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.3 Belgium EV Battery Market Opportunity Assessment, By Battery Form, 2021 & 2031F |
9.4 Belgium EV Battery Market Opportunity Assessment, By Based on Vehicle Type, 2021 & 2031F |
9.5 Belgium EV Battery Market Opportunity Assessment, By Material type, 2021 & 2031F |
9.6 Belgium EV Battery Market Opportunity Assessment, By Battery Capacity, 2021 & 2031F |
9.7 Belgium EV Battery Market Opportunity Assessment, By Li-Ion Battery Component, 2021 & 2031F |
10 Belgium EV Battery Market - Competitive Landscape |
10.1 Belgium EV Battery Market Revenue Share, By Companies, 2024 |
10.2 Belgium EV Battery 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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