| Product Code: ETC12953602 | 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 rocket systems in 2024 saw significant growth, with top exporters being Portugal, Japan, Sweden, Italy, and the USA. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 19.97%, while the growth rate from 2023 to 2024 spiked to an impressive 68.85%. This suggests a robust demand for multiple rocket systems in Belgium, likely driven by evolving security needs and geopolitical factors.

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 Rocket Systems Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Multiple Rocket Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Multiple Rocket Systems Market - Industry Life Cycle |
3.4 Belgium Multiple Rocket Systems Market - Porter's Five Forces |
3.5 Belgium Multiple Rocket Systems Market Revenues & Volume Share, By Rocket Type, 2021 & 2031F |
3.6 Belgium Multiple Rocket Systems Market Revenues & Volume Share, By Range, 2021 & 2031F |
3.7 Belgium Multiple Rocket Systems Market Revenues & Volume Share, By Payload, 2021 & 2031F |
3.8 Belgium Multiple Rocket Systems Market Revenues & Volume Share, By Mobility, 2021 & 2031F |
3.9 Belgium Multiple Rocket Systems Market Revenues & Volume Share, By Launch Platform, 2021 & 2031F |
4 Belgium Multiple Rocket Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing defense budget allocation by the Belgian government |
4.2.2 Growing focus on strengthening national defense capabilities |
4.2.3 Rising geopolitical tensions and security threats in the region |
4.3 Market Restraints |
4.3.1 Stringent regulations on arms export and sales |
4.3.2 High costs associated with the development and deployment of multiple rocket systems |
4.3.3 Limited interoperability with NATO allies' defense systems |
5 Belgium Multiple Rocket Systems Market Trends |
6 Belgium Multiple Rocket Systems Market, By Types |
6.1 Belgium Multiple Rocket Systems Market, By Rocket Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Multiple Rocket Systems Market Revenues & Volume, By Rocket Type, 2021 - 2031F |
6.1.3 Belgium Multiple Rocket Systems Market Revenues & Volume, By Surface-to-Surface, 2021 - 2031F |
6.1.4 Belgium Multiple Rocket Systems Market Revenues & Volume, By Surface-to-Air, 2021 - 2031F |
6.1.5 Belgium Multiple Rocket Systems Market Revenues & Volume, By Air-to-Ground, 2021 - 2031F |
6.1.6 Belgium Multiple Rocket Systems Market Revenues & Volume, By Air-to-Air, 2021 - 2031F |
6.1.7 Belgium Multiple Rocket Systems Market Revenues & Volume, By Anti-Tank, 2021 - 2031F |
6.2 Belgium Multiple Rocket Systems Market, By Range |
6.2.1 Overview and Analysis |
6.2.2 Belgium Multiple Rocket Systems Market Revenues & Volume, By Short-Range, 2021 - 2031F |
6.2.3 Belgium Multiple Rocket Systems Market Revenues & Volume, By Medium-Range, 2021 - 2031F |
6.2.4 Belgium Multiple Rocket Systems Market Revenues & Volume, By Long-Range, 2021 - 2031F |
6.2.5 Belgium Multiple Rocket Systems Market Revenues & Volume, By Extended Range, 2021 - 2031F |
6.2.6 Belgium Multiple Rocket Systems Market Revenues & Volume, By Precision Range, 2021 - 2031F |
6.3 Belgium Multiple Rocket Systems Market, By Payload |
6.3.1 Overview and Analysis |
6.3.2 Belgium Multiple Rocket Systems Market Revenues & Volume, By High-Explosive, 2021 - 2031F |
6.3.3 Belgium Multiple Rocket Systems Market Revenues & Volume, By Cluster Munitions, 2021 - 2031F |
6.3.4 Belgium Multiple Rocket Systems Market Revenues & Volume, By Incendiary, 2021 - 2031F |
6.3.5 Belgium Multiple Rocket Systems Market Revenues & Volume, By Smoke, 2021 - 2031F |
6.3.6 Belgium Multiple Rocket Systems Market Revenues & Volume, By Illumination, 2021 - 2031F |
6.4 Belgium Multiple Rocket Systems Market, By Mobility |
6.4.1 Overview and Analysis |
6.4.2 Belgium Multiple Rocket Systems Market Revenues & Volume, By Self-Propelled, 2021 - 2031F |
6.4.3 Belgium Multiple Rocket Systems Market Revenues & Volume, By Wheeled Vehicle, 2021 - 2031F |
6.4.4 Belgium Multiple Rocket Systems Market Revenues & Volume, By Tracked Vehicle, 2021 - 2031F |
6.4.5 Belgium Multiple Rocket Systems Market Revenues & Volume, By Fixed Launcher, 2021 - 2031F |
6.4.6 Belgium Multiple Rocket Systems Market Revenues & Volume, By Mobile Platform, 2021 - 2031F |
6.5 Belgium Multiple Rocket Systems Market, By Launch Platform |
6.5.1 Overview and Analysis |
6.5.2 Belgium Multiple Rocket Systems Market Revenues & Volume, By Ground-Based, 2021 - 2031F |
6.5.3 Belgium Multiple Rocket Systems Market Revenues & Volume, By Vehicle-Mounted, 2021 - 2031F |
6.5.4 Belgium Multiple Rocket Systems Market Revenues & Volume, By Ship-Based, 2021 - 2031F |
6.5.5 Belgium Multiple Rocket Systems Market Revenues & Volume, By Aircraft-Mounted, 2021 - 2031F |
6.5.6 Belgium Multiple Rocket Systems Market Revenues & Volume, By Drone-Based, 2021 - 2031F |
7 Belgium Multiple Rocket Systems Market Import-Export Trade Statistics |
7.1 Belgium Multiple Rocket Systems Market Export to Major Countries |
7.2 Belgium Multiple Rocket Systems Market Imports from Major Countries |
8 Belgium Multiple Rocket Systems Market Key Performance Indicators |
8.1 Research and development investment in next-generation multiple rocket systems technology |
8.2 Number of successful test firings and demonstrations |
8.3 Level of integration with other defense systems within the Belgian Armed Forces |
9 Belgium Multiple Rocket Systems Market - Opportunity Assessment |
9.1 Belgium Multiple Rocket Systems Market Opportunity Assessment, By Rocket Type, 2021 & 2031F |
9.2 Belgium Multiple Rocket Systems Market Opportunity Assessment, By Range, 2021 & 2031F |
9.3 Belgium Multiple Rocket Systems Market Opportunity Assessment, By Payload, 2021 & 2031F |
9.4 Belgium Multiple Rocket Systems Market Opportunity Assessment, By Mobility, 2021 & 2031F |
9.5 Belgium Multiple Rocket Systems Market Opportunity Assessment, By Launch Platform, 2021 & 2031F |
10 Belgium Multiple Rocket Systems Market - Competitive Landscape |
10.1 Belgium Multiple Rocket Systems Market Revenue Share, By Companies, 2024 |
10.2 Belgium Multiple 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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