| Product Code: ETC4697031 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Belgium`s gas turbine import market in 2024 continues to be dominated by key exporting countries such as the USA, UK, India, Saudi Arabia, and Singapore. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 53.1% from 2020 to 2024 reflects a strong upward trend in imports. Additionally, the remarkable growth rate of 108.64% from 2023 to 2024 suggests a significant surge in demand for gas turbines in Belgium, showcasing opportunities for both domestic and international suppliers.

The Gas turbine market in Belgium is projected to grow at a stable growth rate of 0.83% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Gas turbine Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Gas turbine Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Gas turbine Market - Industry Life Cycle |
3.4 Belgium Gas turbine Market - Porter's Five Forces |
3.5 Belgium Gas turbine Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Belgium Gas turbine Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Belgium Gas turbine Market Revenues & Volume Share, By Design Type, 2021 & 2031F |
3.8 Belgium Gas turbine Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
4 Belgium Gas turbine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Belgium Gas turbine Market Trends |
6 Belgium Gas turbine Market Segmentations |
6.1 Belgium Gas turbine Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Belgium Gas turbine Market Revenues & Volume, By Open Cycle, 2021-2031F |
6.1.3 Belgium Gas turbine Market Revenues & Volume, By Combined Cycle, 2021-2031F |
6.2 Belgium Gas turbine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Belgium Gas turbine Market Revenues & Volume, By Power Generation, 2021-2031F |
6.2.3 Belgium Gas turbine Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.4 Belgium Gas turbine Market Revenues & Volume, By Other, 2021-2031F |
6.2.10 Belgium Gas turbine Market Revenues & Volume, By Application, 2021-2031F |
6.3 Belgium Gas turbine Market, By Design Type |
6.3.1 Overview and Analysis |
6.3.2 Belgium Gas turbine Market Revenues & Volume, By Heavy Duty, 2021-2031F |
6.3.3 Belgium Gas turbine Market Revenues & Volume, By Aeroderivative, 2021-2031F |
6.4 Belgium Gas turbine Market, By Capacity |
6.4.1 Overview and Analysis |
6.4.2 Belgium Gas turbine Market Revenues & Volume, By ? 200 MW, 2021-2031F |
6.4.3 Belgium Gas turbine Market Revenues & Volume, By >200 MW, 2021-2031F |
7 Belgium Gas turbine Market Import-Export Trade Statistics |
7.1 Belgium Gas turbine Market Export to Major Countries |
7.2 Belgium Gas turbine Market Imports from Major Countries |
8 Belgium Gas turbine Market Key Performance Indicators |
9 Belgium Gas turbine Market - Opportunity Assessment |
9.1 Belgium Gas turbine Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Belgium Gas turbine Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Belgium Gas turbine Market Opportunity Assessment, By Design Type, 2021 & 2031F |
9.4 Belgium Gas turbine Market Opportunity Assessment, By Capacity, 2021 & 2031F |
10 Belgium Gas turbine Market - Competitive Landscape |
10.1 Belgium Gas turbine Market Revenue Share, By Companies, 2024 |
10.2 Belgium Gas turbine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |