| Product Code: ETC5036314 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Belgium`s light weapons import market in 2024 continued to see significant concentration among top exporting countries, with Germany, Spain, USA, Netherlands, and Turkey leading the way. The Herfindahl-Hirschman Index (HHI) indicated a shift towards even higher concentration compared to the previous year, highlighting the dominance of these key players. Despite the negative compound annual growth rate (CAGR) from 2020 to 2024, the sharp decline in growth rate from 2023 to 2024 suggests a challenging market environment for light weapons imports in Belgium.

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 Weapons Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Light Weapons Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Light Weapons Market - Industry Life Cycle |
3.4 Belgium Light Weapons Market - Porter's Five Forces |
3.5 Belgium Light Weapons Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium Light Weapons Market Revenues & Volume Share, By Guidance, 2021 & 2031F |
3.7 Belgium Light Weapons Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Belgium Light Weapons Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing military expenditure in Belgium |
4.2.2 Rising demand for light weapons due to security threats |
4.2.3 Technological advancements leading to the development of more sophisticated light weapons |
4.3 Market Restraints |
4.3.1 Stringent regulations on arms exports and imports |
4.3.2 Competition from international light weapons manufacturers |
4.3.3 Economic downturn impacting defense budgets |
5 Belgium Light Weapons Market Trends |
6 Belgium Light Weapons Market Segmentations |
6.1 Belgium Light Weapons Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Light Weapons Market Revenues & Volume, By Heavy Machine Guns, 2021-2031F |
6.1.3 Belgium Light Weapons Market Revenues & Volume, By Light Cannon, 2021-2031F |
6.1.4 Belgium Light Weapons Market Revenues & Volume, By Recoilless Rifles, 2021-2031F |
6.1.5 Belgium Light Weapons Market Revenues & Volume, By MANPADS, 2021-2031F |
6.1.6 Belgium Light Weapons Market Revenues & Volume, By Grenades, 2021-2031F |
6.1.7 Belgium Light Weapons Market Revenues & Volume, By 9=? ?MANPAT, 2021-2031F |
6.2 Belgium Light Weapons Market, By Guidance |
6.2.1 Overview and Analysis |
6.2.2 Belgium Light Weapons Market Revenues & Volume, By Guided, 2021-2031F |
6.2.3 Belgium Light Weapons Market Revenues & Volume, By Unguided, 2021-2031F |
6.3 Belgium Light Weapons Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Belgium Light Weapons Market Revenues & Volume, By Defense, 2021-2031F |
6.3.3 Belgium Light Weapons Market Revenues & Volume, By Homeland Security, 2021-2031F |
7 Belgium Light Weapons Market Import-Export Trade Statistics |
7.1 Belgium Light Weapons Market Export to Major Countries |
7.2 Belgium Light Weapons Market Imports from Major Countries |
8 Belgium Light Weapons Market Key Performance Indicators |
8.1 Research and development investment in light weapons technology |
8.2 Number of government contracts awarded for light weapons procurement |
8.3 Rate of adoption of new light weapon systems by the Belgian military |
9 Belgium Light Weapons Market - Opportunity Assessment |
9.1 Belgium Light Weapons Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium Light Weapons Market Opportunity Assessment, By Guidance, 2021 & 2031F |
9.3 Belgium Light Weapons Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Belgium Light Weapons Market - Competitive Landscape |
10.1 Belgium Light Weapons Market Revenue Share, By Companies, 2024 |
10.2 Belgium Light Weapons 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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