| Product Code: ETC5400734 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Belgium continues to be a key market for hoist imports, with Germany, Finland, Metropolitan France, Netherlands, and China leading the pack in 2024. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive landscape. The impressive Compound Annual Growth Rate (CAGR) of 11.03% from 2020 to 2024 highlights sustained growth in the market. Moreover, the notable growth rate of 28.79% from 2023 to 2024 suggests a significant uptick in demand for hoists in Belgium, reflecting a positive outlook for the industry.

In the Europe region, the Hoist market in Belgium is projected to expand at a stable growth rate of 2.78% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Hoist Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Hoist Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Hoist Market - Industry Life Cycle |
3.4 Belgium Hoist Market - Porter's Five Forces |
3.5 Belgium Hoist Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Belgium Hoist Market Revenues & Volume Share, By Operation, 2021 & 2031F |
3.7 Belgium Hoist Market Revenues & Volume Share, By Hoist Rope, 2021 & 2031F |
3.8 Belgium Hoist Market Revenues & Volume Share, By Capacity (LBS), 2021 & 2031F |
3.9 Belgium Hoist Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 Belgium Hoist Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.11 Belgium Hoist Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Belgium Hoist Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing investments in infrastructure projects in Belgium |
4.2.2 Growing demand for material handling equipment in various industries |
4.2.3 Adoption of advanced technologies in hoist systems |
4.3 Market Restraints |
4.3.1 High initial investment costs for hoist systems |
4.3.2 Stringent regulations and safety standards in the hoist industry |
4.3.3 Competition from alternative material handling solutions |
5 Belgium Hoist Market Trends |
6 Belgium Hoist Market Segmentations |
6.1 Belgium Hoist Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Hoist Market Revenues & Volume, By Planetary Gear, 2021-2031F |
6.1.3 Belgium Hoist Market Revenues & Volume, By Worm Gear, 2021-2031F |
6.1.4 Belgium Hoist Market Revenues & Volume, By Others, 2021-2031F |
6.2 Belgium Hoist Market, By Operation |
6.2.1 Overview and Analysis |
6.2.2 Belgium Hoist Market Revenues & Volume, By Hydraulic, 2021-2031F |
6.2.3 Belgium Hoist Market Revenues & Volume, By Electric, 2021-2031F |
6.2.4 Belgium Hoist Market Revenues & Volume, By Pneumatic, 2021-2031F |
6.2.5 Belgium Hoist Market Revenues & Volume, By Manual, 2021-2031F |
6.3 Belgium Hoist Market, By Hoist Rope |
6.3.1 Overview and Analysis |
6.3.2 Belgium Hoist Market Revenues & Volume, By Chain Hoist, 2021-2031F |
6.3.3 Belgium Hoist Market Revenues & Volume, By Wire or Rope Hoist, 2021-2031F |
6.4 Belgium Hoist Market, By Capacity (LBS) |
6.4.1 Overview and Analysis |
6.4.2 Belgium Hoist Market Revenues & Volume, By Up to 1000 lbs, 2021-2031F |
6.4.3 Belgium Hoist Market Revenues & Volume, By 1000 lbs to 2000 lbs, 2021-2031F |
6.4.4 Belgium Hoist Market Revenues & Volume, By 2000 lbs to 4000 lbs, 2021-2031F |
6.4.5 Belgium Hoist Market Revenues & Volume, By 4000 lbs to 6000 lbs, 2021-2031F |
6.4.6 Belgium Hoist Market Revenues & Volume, By 6000 lbs to 8000 lbs, 2021-2031F |
6.4.7 Belgium Hoist Market Revenues & Volume, By 8000 lbs to 10000 lbs, 2021-2031F |
6.4.8 Belgium Hoist Market Revenues & Volume, By 12000 lbs to 16000 lbs, 2021-2031F |
6.4.9 Belgium Hoist Market Revenues & Volume, By 12000 lbs to 16000 lbs, 2021-2031F |
6.5 Belgium Hoist Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Belgium Hoist Market Revenues & Volume, By Commercial Recovery, 2021-2031F |
6.5.3 Belgium Hoist Market Revenues & Volume, By Cranes, 2021-2031F |
6.5.4 Belgium Hoist Market Revenues & Volume, By Fixed Cranes, 2021-2031F |
6.5.5 Belgium Hoist Market Revenues & Volume, By Mobile Cranes, 2021-2031F |
6.5.6 Belgium Hoist Market Revenues & Volume, By Workboats, 2021-2031F |
6.5.7 Belgium Hoist Market Revenues & Volume, By Utility, 2021-2031F |
6.6 Belgium Hoist Market, By End-use |
6.6.1 Overview and Analysis |
6.6.2 Belgium Hoist Market Revenues & Volume, By Automotive & Railway, 2021-2031F |
6.6.3 Belgium Hoist Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.6.4 Belgium Hoist Market Revenues & Volume, By Transportation & Logistics, 2021-2031F |
6.6.5 Belgium Hoist Market Revenues & Volume, By Construction, 2021-2031F |
6.6.6 Belgium Hoist Market Revenues & Volume, By Shipping & Marine, 2021-2031F |
6.6.7 Belgium Hoist Market Revenues & Volume, By Material Handling, 2021-2031F |
6.6.8 Belgium Hoist Market Revenues & Volume, By Mining, 2021-2031F |
6.6.9 Belgium Hoist Market Revenues & Volume, By Mining, 2021-2031F |
6.7 Belgium Hoist Market, By Distribution Channel |
6.7.1 Overview and Analysis |
6.7.2 Belgium Hoist Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.7.3 Belgium Hoist Market Revenues & Volume, By Indirect Sales, 2021-2031F |
7 Belgium Hoist Market Import-Export Trade Statistics |
7.1 Belgium Hoist Market Export to Major Countries |
7.2 Belgium Hoist Market Imports from Major Countries |
8 Belgium Hoist Market Key Performance Indicators |
8.1 Average utilization rate of hoist systems |
8.2 Rate of adoption of automation and IoT technologies in hoist systems |
8.3 Number of new infrastructure projects in Belgium integrating hoist systems |
9 Belgium Hoist Market - Opportunity Assessment |
9.1 Belgium Hoist Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Belgium Hoist Market Opportunity Assessment, By Operation, 2021 & 2031F |
9.3 Belgium Hoist Market Opportunity Assessment, By Hoist Rope, 2021 & 2031F |
9.4 Belgium Hoist Market Opportunity Assessment, By Capacity (LBS), 2021 & 2031F |
9.5 Belgium Hoist Market Opportunity Assessment, By Application, 2021 & 2031F |
9.6 Belgium Hoist Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.7 Belgium Hoist Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Belgium Hoist Market - Competitive Landscape |
10.1 Belgium Hoist Market Revenue Share, By Companies, 2024 |
10.2 Belgium Hoist 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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