| Product Code: ETC4947337 | 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 |
In 2024, Belgium saw a shift in the concentration of motor vehicle braking system parts imports, moving from high concentration in 2023 to a more moderate level. The top exporting countries to Belgium for these parts included Germany, Metropolitan France, Czechia, China, and Poland. Despite a negative compound annual growth rate (CAGR) of -5.64% from 2020 to 2024, the drastic decrease in growth rate from 2023 to 2024 at -27.63% indicates a challenging year for the market. As the industry adapts to changing dynamics, it will be interesting to see how these trends evolve in the coming years.

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 Motor Vehicle Braking System Parts Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Motor Vehicle Braking System Parts Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Motor Vehicle Braking System Parts Market - Industry Life Cycle |
3.4 Belgium Motor Vehicle Braking System Parts Market - Porter's Five Forces |
3.5 Belgium Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Belgium Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Brake Pad Material Type, 2021 & 2031F |
3.7 Belgium Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.8 Belgium Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Belgium Motor Vehicle Braking System Parts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced safety features in vehicles |
4.2.2 Technological advancements in braking system parts |
4.2.3 Stringent regulations mandating the use of high-quality braking components |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs |
4.3.2 Competition from alternative transportation modes affecting vehicle usage |
4.3.3 Economic downturn leading to reduced vehicle sales and maintenance |
5 Belgium Motor Vehicle Braking System Parts Market Trends |
6 Belgium Motor Vehicle Braking System Parts Market Segmentations |
6.1 Belgium Motor Vehicle Braking System Parts Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Belgium Motor Vehicle Braking System Parts Market Revenues & Volume, By Disc Brakes, 2021-2031F |
6.1.3 Belgium Motor Vehicle Braking System Parts Market Revenues & Volume, By Drum Brakes, 2021-2031F |
6.2 Belgium Motor Vehicle Braking System Parts Market, By Brake Pad Material Type |
6.2.1 Overview and Analysis |
6.2.2 Belgium Motor Vehicle Braking System Parts Market Revenues & Volume, By Organic, 2021-2031F |
6.2.3 Belgium Motor Vehicle Braking System Parts Market Revenues & Volume, By Metallic, 2021-2031F |
6.2.4 Belgium Motor Vehicle Braking System Parts Market Revenues & Volume, By Ceramic, 2021-2031F |
6.3 Belgium Motor Vehicle Braking System Parts Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Belgium Motor Vehicle Braking System Parts Market Revenues & Volume, By Original Equipment Manufacturers (OEM), 2021-2031F |
6.3.3 Belgium Motor Vehicle Braking System Parts Market Revenues & Volume, By Aftermarket, 2021-2031F |
6.4 Belgium Motor Vehicle Braking System Parts Market, By Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 Belgium Motor Vehicle Braking System Parts Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.4.3 Belgium Motor Vehicle Braking System Parts Market Revenues & Volume, By Commercial Vehicles, 2021-2031F |
7 Belgium Motor Vehicle Braking System Parts Market Import-Export Trade Statistics |
7.1 Belgium Motor Vehicle Braking System Parts Market Export to Major Countries |
7.2 Belgium Motor Vehicle Braking System Parts Market Imports from Major Countries |
8 Belgium Motor Vehicle Braking System Parts Market Key Performance Indicators |
8.1 Average age of vehicles on the road |
8.2 Number of road accidents attributed to brake failures |
8.3 Percentage of vehicles equipped with advanced braking systems |
8.4 Adoption rate of electric and hybrid vehicles in Belgium |
8.5 Investment in research and development for braking system innovations |
9 Belgium Motor Vehicle Braking System Parts Market - Opportunity Assessment |
9.1 Belgium Motor Vehicle Braking System Parts Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Belgium Motor Vehicle Braking System Parts Market Opportunity Assessment, By Brake Pad Material Type, 2021 & 2031F |
9.3 Belgium Motor Vehicle Braking System Parts Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.4 Belgium Motor Vehicle Braking System Parts Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Belgium Motor Vehicle Braking System Parts Market - Competitive Landscape |
10.1 Belgium Motor Vehicle Braking System Parts Market Revenue Share, By Companies, 2024 |
10.2 Belgium Motor Vehicle Braking System Parts 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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