| Product Code: ETC6354422 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Belgium continued to see significant import shipments of GNSS-enabled consumer devices, with top exporters being Portugal, Netherlands, Germany, USA, and Metropolitan France. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a negative compound annual growth rate (CAGR) of -5.01% from 2020 to 2024. The growth rate further declined by -6.5% from 2023 to 2024, reflecting challenges in the market dynamics impacting the import of these devices.

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 GNSS Enabled Consumer Device Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium GNSS Enabled Consumer Device Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium GNSS Enabled Consumer Device Market - Industry Life Cycle |
3.4 Belgium GNSS Enabled Consumer Device Market - Porter's Five Forces |
3.5 Belgium GNSS Enabled Consumer Device Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
4 Belgium GNSS Enabled Consumer Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for location-based services and applications |
4.2.2 Increasing adoption of Internet of Things (IoT) devices |
4.2.3 Technological advancements in GNSS technology |
4.3 Market Restraints |
4.3.1 Privacy concerns related to location tracking |
4.3.2 High initial costs associated with GNSS-enabled devices |
4.3.3 Limited accuracy and reliability in urban canyons or indoor environments |
5 Belgium GNSS Enabled Consumer Device Market Trends |
6 Belgium GNSS Enabled Consumer Device Market, By Types |
6.1 Belgium GNSS Enabled Consumer Device Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium GNSS Enabled Consumer Device Market Revenues & Volume, By Device Type, 2021- 2031F |
6.1.3 Belgium GNSS Enabled Consumer Device Market Revenues & Volume, By Smartphones, 2021- 2031F |
6.1.4 Belgium GNSS Enabled Consumer Device Market Revenues & Volume, By Tablets & Wearables, 2021- 2031F |
6.1.5 Belgium GNSS Enabled Consumer Device Market Revenues & Volume, By Personal Tracking Devices, 2021- 2031F |
6.1.6 Belgium GNSS Enabled Consumer Device Market Revenues & Volume, By Low-power Asset Trackers, 2021- 2031F |
7 Belgium GNSS Enabled Consumer Device Market Import-Export Trade Statistics |
7.1 Belgium GNSS Enabled Consumer Device Market Export to Major Countries |
7.2 Belgium GNSS Enabled Consumer Device Market Imports from Major Countries |
8 Belgium GNSS Enabled Consumer Device Market Key Performance Indicators |
8.1 Number of new location-based services launched in Belgium |
8.2 Percentage increase in IoT device penetration in the market |
8.3 Average time spent on GNSS-enabled apps by consumers |
9 Belgium GNSS Enabled Consumer Device Market - Opportunity Assessment |
9.1 Belgium GNSS Enabled Consumer Device Market Opportunity Assessment, By Device Type, 2021 & 2031F |
10 Belgium GNSS Enabled Consumer Device Market - Competitive Landscape |
10.1 Belgium GNSS Enabled Consumer Device Market Revenue Share, By Companies, 2024 |
10.2 Belgium GNSS Enabled Consumer Device 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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