| Product Code: ETC6354540 | 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 |
Belgium`s gas turbines import market saw significant growth in 2024, with top exporting countries being the USA, UK, India, Saudi Arabia, and Singapore. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 53.1%, with a remarkable growth rate of 108.64% from 2023 to 2024. This data suggests a strong demand for gas turbines in Belgium, driven by imports from key global players in the industry.

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 Turbines Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Gas Turbines Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Gas Turbines Market - Industry Life Cycle |
3.4 Belgium Gas Turbines Market - Porter's Five Forces |
3.5 Belgium Gas Turbines Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Belgium Gas Turbines Market Revenues & Volume Share, By Design, 2021 & 2031F |
3.7 Belgium Gas Turbines Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Belgium Gas Turbines Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
4 Belgium Gas Turbines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on renewable energy sources leading to the adoption of gas turbines as a cleaner energy option |
4.2.2 Government initiatives and policies promoting the use of gas turbines for electricity generation |
4.2.3 Growing industrial sector in Belgium driving the demand for gas turbines in manufacturing processes |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with gas turbines |
4.3.2 Fluctuating prices of natural gas impacting the operational costs of gas turbines |
4.3.3 Competition from other energy sources such as wind and solar power |
5 Belgium Gas Turbines Market Trends |
6 Belgium Gas Turbines Market, By Types |
6.1 Belgium Gas Turbines Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Belgium Gas Turbines Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Belgium Gas Turbines Market Revenues & Volume, By Open Cycle, 2021- 2031F |
6.1.4 Belgium Gas Turbines Market Revenues & Volume, By Combined Cycles, 2021- 2031F |
6.2 Belgium Gas Turbines Market, By Design |
6.2.1 Overview and Analysis |
6.2.2 Belgium Gas Turbines Market Revenues & Volume, By Heavy Duty, 2021- 2031F |
6.2.3 Belgium Gas Turbines Market Revenues & Volume, By Aeroderivative, 2021- 2031F |
6.3 Belgium Gas Turbines Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Belgium Gas Turbines Market Revenues & Volume, By Power, 2021- 2031F |
6.3.3 Belgium Gas Turbines Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.3.4 Belgium Gas Turbines Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Belgium Gas Turbines Market, By Capacity |
6.4.1 Overview and Analysis |
6.4.2 Belgium Gas Turbines Market Revenues & Volume, By <1-40 MW, 2021- 2031F |
6.4.3 Belgium Gas Turbines Market Revenues & Volume, By 40-150 MW, 2021- 2031F |
6.4.4 Belgium Gas Turbines Market Revenues & Volume, By 150-300 MW, 2021- 2031F |
6.4.5 Belgium Gas Turbines Market Revenues & Volume, By Above 300 MW, 2021- 2031F |
7 Belgium Gas Turbines Market Import-Export Trade Statistics |
7.1 Belgium Gas Turbines Market Export to Major Countries |
7.2 Belgium Gas Turbines Market Imports from Major Countries |
8 Belgium Gas Turbines Market Key Performance Indicators |
8.1 Capacity utilization rate of gas turbines in Belgium |
8.2 Efficiency improvement rate of gas turbines over time |
8.3 Number of new installations or upgrades of gas turbines in Belgium |
8.4 Maintenance and downtime costs of gas turbines |
8.5 Carbon emission reduction achieved by using gas turbines |
9 Belgium Gas Turbines Market - Opportunity Assessment |
9.1 Belgium Gas Turbines Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Belgium Gas Turbines Market Opportunity Assessment, By Design, 2021 & 2031F |
9.3 Belgium Gas Turbines Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Belgium Gas Turbines Market Opportunity Assessment, By Capacity, 2021 & 2031F |
10 Belgium Gas Turbines Market - Competitive Landscape |
10.1 Belgium Gas Turbines Market Revenue Share, By Companies, 2024 |
10.2 Belgium Gas Turbines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |