| Product Code: ETC6354428 | 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 |
The Belgium GPS IC import market saw a shift in concentration levels from very high in 2023 to high in 2024. Despite a negative growth rate of -42.59% in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 stood strong at 8.87%. Key exporting countries to Belgium in 2024 were Metropolitan France, Taiwan, Province of China, Ireland, Germany, and Malaysia. This dynamic landscape suggests a competitive market environment with potential opportunities for further growth and diversification in the coming years.

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 GPS IC Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium GPS IC Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium GPS IC Market - Industry Life Cycle |
3.4 Belgium GPS IC Market - Porter's Five Forces |
3.5 Belgium GPS IC Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium GPS IC Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Belgium GPS IC Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for GPS-enabled devices in various industries such as automotive, logistics, and healthcare. |
4.2.2 Technological advancements leading to the development of more sophisticated GPS ICs with higher accuracy and efficiency. |
4.2.3 Government initiatives promoting the adoption of GPS technology for better navigation, security, and emergency response systems. |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing GPS technology, especially for smaller businesses and startups. |
4.3.2 Concerns regarding data privacy and security issues associated with the use of GPS technology. |
4.3.3 Competition from other positioning technologies like Galileo, GLONASS, and BeiDou impacting market growth. |
5 Belgium GPS IC Market Trends |
6 Belgium GPS IC Market, By Types |
6.1 Belgium GPS IC Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium GPS IC Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Belgium GPS IC Market Revenues & Volume, By SIRF, 2021- 2031F |
6.1.4 Belgium GPS IC Market Revenues & Volume, By MTK, 2021- 2031F |
6.1.5 Belgium GPS IC Market Revenues & Volume, By MSTAR, 2021- 2031F |
6.1.6 Belgium GPS IC Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Belgium GPS IC Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Belgium GPS IC Market Revenues & Volume, By Voice-Guided Navigation, 2021- 2031F |
6.2.3 Belgium GPS IC Market Revenues & Volume, By Tracking and Tracing, 2021- 2031F |
6.2.4 Belgium GPS IC Market Revenues & Volume, By Location-Enabled Search, 2021- 2031F |
6.2.5 Belgium GPS IC Market Revenues & Volume, By Others, 2021- 2031F |
7 Belgium GPS IC Market Import-Export Trade Statistics |
7.1 Belgium GPS IC Market Export to Major Countries |
7.2 Belgium GPS IC Market Imports from Major Countries |
8 Belgium GPS IC Market Key Performance Indicators |
8.1 Average selling price (ASP) of GPS ICs in the Belgium market. |
8.2 Adoption rate of GPS technology in key industries in Belgium. |
8.3 Number of new product launches featuring advanced GPS capabilities in Belgium. |
9 Belgium GPS IC Market - Opportunity Assessment |
9.1 Belgium GPS IC Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium GPS IC Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Belgium GPS IC Market - Competitive Landscape |
10.1 Belgium GPS IC Market Revenue Share, By Companies, 2024 |
10.2 Belgium GPS IC 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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