| Product Code: ETC12400642 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Belgium`s import of guided rockets in 2024 saw a significant increase in concentration among the top exporting countries, with the USA, Germany, and others dominating the market. The high Herfindahl-Hirschman Index (HHI) in 2023 further intensified in 2024, indicating a very competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a steady 3.37%, while the remarkable growth rate of 203.43% from 2023 to 2024 highlights a surge in import activity. This data suggests a thriving market for guided rockets in Belgium with strong contributions from key exporting nations.

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 Guided Rocket Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Guided Rocket Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Guided Rocket Market - Industry Life Cycle |
3.4 Belgium Guided Rocket Market - Porter's Five Forces |
3.5 Belgium Guided Rocket Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium Guided Rocket Market Revenues & Volume Share, By Propulsion System, 2021 & 2031F |
3.7 Belgium Guided Rocket Market Revenues & Volume Share, By Guidance Technology, 2021 & 2031F |
3.8 Belgium Guided Rocket Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Belgium Guided Rocket Market Revenues & Volume Share, By Certification, 2021 & 2031F |
4 Belgium Guided Rocket Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing defense budget in Belgium |
4.2.2 Technological advancements in guided rocket systems |
4.2.3 Rising geopolitical tensions in the region |
4.3 Market Restraints |
4.3.1 Stringent regulations on arms exports |
4.3.2 High initial investment costs for guided rocket systems |
4.3.3 Limited RD capabilities in Belgium |
5 Belgium Guided Rocket Market Trends |
6 Belgium Guided Rocket Market, By Types |
6.1 Belgium Guided Rocket Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Guided Rocket Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Belgium Guided Rocket Market Revenues & Volume, By Surface-to-Surface, 2021 - 2031F |
6.1.4 Belgium Guided Rocket Market Revenues & Volume, By Air-to-Ground, 2021 - 2031F |
6.1.5 Belgium Guided Rocket Market Revenues & Volume, By Surface-to-Air, 2021 - 2031F |
6.2 Belgium Guided Rocket Market, By Propulsion System |
6.2.1 Overview and Analysis |
6.2.2 Belgium Guided Rocket Market Revenues & Volume, By Solid Fuel, 2021 - 2031F |
6.2.3 Belgium Guided Rocket Market Revenues & Volume, By Liquid Fuel, 2021 - 2031F |
6.2.4 Belgium Guided Rocket Market Revenues & Volume, By Hybrid Propulsion, 2021 - 2031F |
6.3 Belgium Guided Rocket Market, By Guidance Technology |
6.3.1 Overview and Analysis |
6.3.2 Belgium Guided Rocket Market Revenues & Volume, By GPS Navigation, 2021 - 2031F |
6.3.3 Belgium Guided Rocket Market Revenues & Volume, By Laser-Guided, 2021 - 2031F |
6.3.4 Belgium Guided Rocket Market Revenues & Volume, By Inertial Navigation, 2021 - 2031F |
6.4 Belgium Guided Rocket Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Belgium Guided Rocket Market Revenues & Volume, By Military, 2021 - 2031F |
6.4.3 Belgium Guided Rocket Market Revenues & Volume, By Air Force, 2021 - 2031F |
6.4.4 Belgium Guided Rocket Market Revenues & Volume, By Navy, 2021 - 2031F |
6.5 Belgium Guided Rocket Market, By Certification |
6.5.1 Overview and Analysis |
6.5.2 Belgium Guided Rocket Market Revenues & Volume, By NATO Standard, 2021 - 2031F |
6.5.3 Belgium Guided Rocket Market Revenues & Volume, By MIL-STD-461, 2021 - 2031F |
6.5.4 Belgium Guided Rocket Market Revenues & Volume, By ISO 9001, 2021 - 2031F |
7 Belgium Guided Rocket Market Import-Export Trade Statistics |
7.1 Belgium Guided Rocket Market Export to Major Countries |
7.2 Belgium Guided Rocket Market Imports from Major Countries |
8 Belgium Guided Rocket Market Key Performance Indicators |
8.1 Research and development expenditure on guided rocket technologies |
8.2 Number of defense contracts awarded for guided rocket systems |
8.3 Adoption rate of guided rocket systems by the Belgian Armed Forces |
9 Belgium Guided Rocket Market - Opportunity Assessment |
9.1 Belgium Guided Rocket Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium Guided Rocket Market Opportunity Assessment, By Propulsion System, 2021 & 2031F |
9.3 Belgium Guided Rocket Market Opportunity Assessment, By Guidance Technology, 2021 & 2031F |
9.4 Belgium Guided Rocket Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Belgium Guided Rocket Market Opportunity Assessment, By Certification, 2021 & 2031F |
10 Belgium Guided Rocket Market - Competitive Landscape |
10.1 Belgium Guided Rocket Market Revenue Share, By Companies, 2024 |
10.2 Belgium Guided Rocket 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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