| Product Code: ETC12852610 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Belgium continued to rely on key suppliers such as Netherlands, Germany, and Asian nations like Japan, Taiwan, and China for its IoT chips import shipments. The high Herfindahl-Hirschman Index (HHI) indicates significant market concentration. However, with a negative Compound Annual Growth Rate (CAGR) of -21.9% from 2020-24 and a declining growth rate of -28.37% from 2023-24, the Belgian market may be experiencing challenges or undergoing a shift in its IoT chip import dynamics.

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 IoT Chips Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium IoT Chips Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium IoT Chips Market - Industry Life Cycle |
3.4 Belgium IoT Chips Market - Porter's Five Forces |
3.5 Belgium IoT Chips Market Revenues & Volume Share, By Chip Type, 2021 & 2031F |
3.6 Belgium IoT Chips Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Belgium IoT Chips Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
3.8 Belgium IoT Chips Market Revenues & Volume Share, By Connectivity Technology, 2021 & 2031F |
4 Belgium IoT Chips Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of IoT devices and applications in various industries in Belgium |
4.2.2 Government initiatives and investments in IoT infrastructure and smart city projects |
4.2.3 Growing demand for connected devices and wearables in the consumer market |
4.3 Market Restraints |
4.3.1 Data privacy and security concerns related to IoT devices |
4.3.2 Lack of standardized protocols and interoperability among IoT devices |
4.3.3 High initial costs of implementing IoT solutions and chips |
5 Belgium IoT Chips Market Trends |
6 Belgium IoT Chips Market, By Types |
6.1 Belgium IoT Chips Market, By Chip Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium IoT Chips Market Revenues & Volume, By Chip Type, 2021 - 2031F |
6.1.3 Belgium IoT Chips Market Revenues & Volume, By Processors, 2021 - 2031F |
6.1.4 Belgium IoT Chips Market Revenues & Volume, By Sensors, 2021 - 2031F |
6.1.5 Belgium IoT Chips Market Revenues & Volume, By Connectivity ICs, 2021 - 2031F |
6.2 Belgium IoT Chips Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Belgium IoT Chips Market Revenues & Volume, By Smart Home, 2021 - 2031F |
6.2.3 Belgium IoT Chips Market Revenues & Volume, By Industrial Automation, 2021 - 2031F |
6.2.4 Belgium IoT Chips Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3 Belgium IoT Chips Market, By Industry Vertical |
6.3.1 Overview and Analysis |
6.3.2 Belgium IoT Chips Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.3.3 Belgium IoT Chips Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.3.4 Belgium IoT Chips Market Revenues & Volume, By Energy and Utilities, 2021 - 2031F |
6.4 Belgium IoT Chips Market, By Connectivity Technology |
6.4.1 Overview and Analysis |
6.4.2 Belgium IoT Chips Market Revenues & Volume, By Wi-Fi, 2021 - 2031F |
6.4.3 Belgium IoT Chips Market Revenues & Volume, By Bluetooth, 2021 - 2031F |
6.4.4 Belgium IoT Chips Market Revenues & Volume, By Zigbee, 2021 - 2031F |
7 Belgium IoT Chips Market Import-Export Trade Statistics |
7.1 Belgium IoT Chips Market Export to Major Countries |
7.2 Belgium IoT Chips Market Imports from Major Countries |
8 Belgium IoT Chips Market Key Performance Indicators |
8.1 Number of IoT devices connected in Belgium |
8.2 Rate of IoT adoption in key industries |
8.3 Investment in IoT infrastructure and projects in Belgium |
9 Belgium IoT Chips Market - Opportunity Assessment |
9.1 Belgium IoT Chips Market Opportunity Assessment, By Chip Type, 2021 & 2031F |
9.2 Belgium IoT Chips Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Belgium IoT Chips Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
9.4 Belgium IoT Chips Market Opportunity Assessment, By Connectivity Technology, 2021 & 2031F |
10 Belgium IoT Chips Market - Competitive Landscape |
10.1 Belgium IoT Chips Market Revenue Share, By Companies, 2024 |
10.2 Belgium IoT Chips 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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