| Product Code: ETC12953026 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Belgium`s import shipments of multiple launch rocket systems in 2024 saw significant contributions from top exporting countries including Italy, Portugal, UK, USA, and Japan. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, the market showed a notable growth rate of 18.22% from 2023 to 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. This data suggests ongoing interest and investment in multiple launch rocket systems in Belgium, with diverse sources of imports contributing to market 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 Multiple Launch Rocket Systems Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Multiple Launch Rocket Systems Market - Industry Life Cycle |
3.4 Belgium Multiple Launch Rocket Systems Market - Porter's Five Forces |
3.5 Belgium Multiple Launch Rocket Systems Market Revenues & Volume Share, By Rocket Type, 2021 & 2031F |
3.6 Belgium Multiple Launch Rocket Systems Market Revenues & Volume Share, By Range, 2021 & 2031F |
3.7 Belgium Multiple Launch Rocket Systems Market Revenues & Volume Share, By Payload, 2021 & 2031F |
3.8 Belgium Multiple Launch Rocket Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Belgium Multiple Launch Rocket Systems Market Revenues & Volume Share, By Mobility, 2021 & 2031F |
4 Belgium Multiple Launch Rocket Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing defense spending by the Belgian government |
4.2.2 Growing focus on modernizing military equipment and capabilities |
4.2.3 Rising need for advanced missile defense systems |
4.3 Market Restraints |
4.3.1 Stringent regulations on arms exports and imports |
4.3.2 High costs associated with acquiring and maintaining multiple launch rocket systems |
4.3.3 Limited defense budget allocation for new acquisitions |
5 Belgium Multiple Launch Rocket Systems Market Trends |
6 Belgium Multiple Launch Rocket Systems Market, By Types |
6.1 Belgium Multiple Launch Rocket Systems Market, By Rocket Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By Rocket Type, 2021 - 2031F |
6.1.3 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By Guided Rockets, 2021 - 2031F |
6.1.4 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By Unguided Rockets, 2021 - 2031F |
6.1.5 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By Cluster Rockets, 2021 - 2031F |
6.1.6 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By Thermobaric Rockets, 2021 - 2031F |
6.1.7 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By Smoke Rockets, 2021 - 2031F |
6.2 Belgium Multiple Launch Rocket Systems Market, By Range |
6.2.1 Overview and Analysis |
6.2.2 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By Short-Range, 2021 - 2031F |
6.2.3 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By Medium-Range, 2021 - 2031F |
6.2.4 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By Long-Range, 2021 - 2031F |
6.2.5 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By Extended Range, 2021 - 2031F |
6.2.6 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By Precision Range, 2021 - 2031F |
6.3 Belgium Multiple Launch Rocket Systems Market, By Payload |
6.3.1 Overview and Analysis |
6.3.2 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By High-Explosive, 2021 - 2031F |
6.3.3 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By Incendiary, 2021 - 2031F |
6.3.4 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By Cluster Munitions, 2021 - 2031F |
6.3.5 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By Smoke, 2021 - 2031F |
6.3.6 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By Illumination, 2021 - 2031F |
6.4 Belgium Multiple Launch Rocket Systems Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By Ground Combat, 2021 - 2031F |
6.4.3 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By Area Denial, 2021 - 2031F |
6.4.4 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By Suppression of Enemy, 2021 - 2031F |
6.4.5 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By Counter-Battery Fire, 2021 - 2031F |
6.4.6 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By Fire Support, 2021 - 2031F |
6.5 Belgium Multiple Launch Rocket Systems Market, By Mobility |
6.5.1 Overview and Analysis |
6.5.2 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By Self-Propelled, 2021 - 2031F |
6.5.3 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By Tracked Vehicle, 2021 - 2031F |
6.5.4 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By Wheeled Vehicle, 2021 - 2031F |
6.5.5 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By Fixed Launcher, 2021 - 2031F |
6.5.6 Belgium Multiple Launch Rocket Systems Market Revenues & Volume, By Mobile Platform, 2021 - 2031F |
7 Belgium Multiple Launch Rocket Systems Market Import-Export Trade Statistics |
7.1 Belgium Multiple Launch Rocket Systems Market Export to Major Countries |
7.2 Belgium Multiple Launch Rocket Systems Market Imports from Major Countries |
8 Belgium Multiple Launch Rocket Systems Market Key Performance Indicators |
8.1 Research and development investment in advanced rocket system technologies |
8.2 Number of successful test launches and demonstrations |
8.3 Adoption rate of next-generation multiple launch rocket systems in the Belgian military |
9 Belgium Multiple Launch Rocket Systems Market - Opportunity Assessment |
9.1 Belgium Multiple Launch Rocket Systems Market Opportunity Assessment, By Rocket Type, 2021 & 2031F |
9.2 Belgium Multiple Launch Rocket Systems Market Opportunity Assessment, By Range, 2021 & 2031F |
9.3 Belgium Multiple Launch Rocket Systems Market Opportunity Assessment, By Payload, 2021 & 2031F |
9.4 Belgium Multiple Launch Rocket Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Belgium Multiple Launch Rocket Systems Market Opportunity Assessment, By Mobility, 2021 & 2031F |
10 Belgium Multiple Launch Rocket Systems Market - Competitive Landscape |
10.1 Belgium Multiple Launch Rocket Systems Market Revenue Share, By Companies, 2024 |
10.2 Belgium Multiple Launch Rocket Systems 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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