| Product Code: ETC6357332 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Belgium witnessed a shift in the concentration of low voltage induction motors import shipments, with a decrease in the Herfindahl-Hirschman Index (HHI) indicating a more diversified market. Despite a significant decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 remained positive at 2.64%. Top exporting countries to Belgium included Germany, Slovakia, Sweden, China, and Canada, showcasing a mix of European and non-European suppliers contributing to the market dynamics. Continued monitoring of these trends will be essential for stakeholders in the low voltage induction motors industry.

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 Low Voltage Induction Motors Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Low Voltage Induction Motors Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Low Voltage Induction Motors Market - Industry Life Cycle |
3.4 Belgium Low Voltage Induction Motors Market - Porter's Five Forces |
3.5 Belgium Low Voltage Induction Motors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium Low Voltage Induction Motors Market Revenues & Volume Share, By End User Industry, 2021 & 2031F |
4 Belgium Low Voltage Induction Motors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient solutions in industrial and commercial sectors |
4.2.2 Government initiatives promoting the adoption of energy-efficient technologies |
4.2.3 Growing emphasis on reducing carbon footprint and environmental sustainability |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with low voltage induction motors |
4.3.2 Limited awareness and understanding of the benefits of energy-efficient motors |
4.3.3 Economic uncertainties impacting investment decisions in industrial sectors |
5 Belgium Low Voltage Induction Motors Market Trends |
6 Belgium Low Voltage Induction Motors Market, By Types |
6.1 Belgium Low Voltage Induction Motors Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Low Voltage Induction Motors Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Belgium Low Voltage Induction Motors Market Revenues & Volume, By Single Phase, 2021- 2031F |
6.1.4 Belgium Low Voltage Induction Motors Market Revenues & Volume, By Poly Phase, 2021- 2031F |
6.2 Belgium Low Voltage Induction Motors Market, By End User Industry |
6.2.1 Overview and Analysis |
6.2.2 Belgium Low Voltage Induction Motors Market Revenues & Volume, By Metal and Mining, 2021- 2031F |
6.2.3 Belgium Low Voltage Induction Motors Market Revenues & Volume, By Oil and Gas, 2021- 2031F |
6.2.4 Belgium Low Voltage Induction Motors Market Revenues & Volume, By Chemicals and Petrochemicals, 2021- 2031F |
6.2.5 Belgium Low Voltage Induction Motors Market Revenues & Volume, By Water and Wastewater, 2021- 2031F |
6.2.6 Belgium Low Voltage Induction Motors Market Revenues & Volume, By Discrete Industries, 2021- 2031F |
6.2.7 Belgium Low Voltage Induction Motors Market Revenues & Volume, By Power Generation, 2021- 2031F |
7 Belgium Low Voltage Induction Motors Market Import-Export Trade Statistics |
7.1 Belgium Low Voltage Induction Motors Market Export to Major Countries |
7.2 Belgium Low Voltage Induction Motors Market Imports from Major Countries |
8 Belgium Low Voltage Induction Motors Market Key Performance Indicators |
8.1 Energy efficiency improvement rate |
8.2 Adoption rate of energy-efficient technologies in industrial and commercial sectors |
8.3 Number of government policies supporting the use of energy-efficient motors |
8.4 Growth rate of the industrial and commercial sectors in Belgium |
8.5 Number of companies investing in sustainable and green technologies |
9 Belgium Low Voltage Induction Motors Market - Opportunity Assessment |
9.1 Belgium Low Voltage Induction Motors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium Low Voltage Induction Motors Market Opportunity Assessment, By End User Industry, 2021 & 2031F |
10 Belgium Low Voltage Induction Motors Market - Competitive Landscape |
10.1 Belgium Low Voltage Induction Motors Market Revenue Share, By Companies, 2024 |
10.2 Belgium Low Voltage Induction Motors 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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