| Product Code: ETC5874594 | 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 |
In 2024, Belgium saw a shift towards higher concentration in light electric vehicles (LEVs) imports, with Germany, Netherlands, Denmark, Metropolitan France, and Poland emerging as key exporting countries. Despite a modest overall compound annual growth rate (CAGR) of 0.44% from 2020 to 2024, there was a slight decline in growth rate (-2.17%) from 2023 to 2024. This suggests a possible stabilization or saturation in the market. The increasing concentration of imports from specific countries may indicate a strategic focus on certain suppliers or market dynamics influencing trade patterns in the Belgian LEV market.

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 Light Electric Vehicles (LEVs) Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Light Electric Vehicles (LEVs) Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Light Electric Vehicles (LEVs) Market - Industry Life Cycle |
3.4 Belgium Light Electric Vehicles (LEVs) Market - Porter's Five Forces |
3.5 Belgium Light Electric Vehicles (LEVs) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Belgium Light Electric Vehicles (LEVs) Market Revenues & Volume Share, By Vehicle Category, 2021 & 2031F |
3.7 Belgium Light Electric Vehicles (LEVs) Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
4 Belgium Light Electric Vehicles (LEVs) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and subsidies promoting the adoption of light electric vehicles (LEVs) in Belgium |
4.2.2 Increasing environmental awareness and a shift towards sustainable transportation solutions |
4.2.3 Technological advancements leading to improved performance and affordability of LEVs |
4.3 Market Restraints |
4.3.1 Limited charging infrastructure in Belgium hindering the widespread adoption of LEVs |
4.3.2 High initial cost of purchasing LEVs compared to traditional vehicles |
4.3.3 Lack of awareness and consumer education about the benefits of using LEVs |
5 Belgium Light Electric Vehicles (LEVs) Market Trends |
6 Belgium Light Electric Vehicles (LEVs) Market Segmentations |
6.1 Belgium Light Electric Vehicles (LEVs) Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Belgium Light Electric Vehicles (LEVs) Market Revenues & Volume, By Personal Mobility, 2021-2031F |
6.1.3 Belgium Light Electric Vehicles (LEVs) Market Revenues & Volume, By Shared Mobility, 2021-2031F |
6.1.4 Belgium Light Electric Vehicles (LEVs) Market Revenues & Volume, By Recreation & Sports, 2021-2031F |
6.1.5 Belgium Light Electric Vehicles (LEVs) Market Revenues & Volume, By Commercial, 2021-2031F |
6.2 Belgium Light Electric Vehicles (LEVs) Market, By Vehicle Category |
6.2.1 Overview and Analysis |
6.2.2 Belgium Light Electric Vehicles (LEVs) Market Revenues & Volume, By 2-wheelers, 2021-2031F |
6.2.3 Belgium Light Electric Vehicles (LEVs) Market Revenues & Volume, By 3-wheelers, 2021-2031F |
6.2.4 Belgium Light Electric Vehicles (LEVs) Market Revenues & Volume, By 4-wheelers, 2021-2031F |
6.3 Belgium Light Electric Vehicles (LEVs) Market, By Power Output |
6.3.1 Overview and Analysis |
6.3.2 Belgium Light Electric Vehicles (LEVs) Market Revenues & Volume, By Less than 6 kW, 2021-2031F |
6.3.3 Belgium Light Electric Vehicles (LEVs) Market Revenues & Volume, By 6-9 kW, 2021-2031F |
6.3.4 Belgium Light Electric Vehicles (LEVs) Market Revenues & Volume, By 9-15 kW, 2021-2031F |
7 Belgium Light Electric Vehicles (LEVs) Market Import-Export Trade Statistics |
7.1 Belgium Light Electric Vehicles (LEVs) Market Export to Major Countries |
7.2 Belgium Light Electric Vehicles (LEVs) Market Imports from Major Countries |
8 Belgium Light Electric Vehicles (LEVs) Market Key Performance Indicators |
8.1 Average distance covered per charge by LEVs in Belgium |
8.2 Number of public charging stations for LEVs in Belgium |
8.3 Percentage of total vehicle registrations that are LEVs in Belgium |
9 Belgium Light Electric Vehicles (LEVs) Market - Opportunity Assessment |
9.1 Belgium Light Electric Vehicles (LEVs) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Belgium Light Electric Vehicles (LEVs) Market Opportunity Assessment, By Vehicle Category, 2021 & 2031F |
9.3 Belgium Light Electric Vehicles (LEVs) Market Opportunity Assessment, By Power Output, 2021 & 2031F |
10 Belgium Light Electric Vehicles (LEVs) Market - Competitive Landscape |
10.1 Belgium Light Electric Vehicles (LEVs) Market Revenue Share, By Companies, 2024 |
10.2 Belgium Light Electric Vehicles (LEVs) 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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