| Product Code: ETC12753346 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Belgium`s import shipments of NMC battery packs in 2024 show a shift in the concentration of top exporting countries, with China, Hungary, South Korea, Netherlands, and Poland leading the way. The market experienced a notable decrease in growth rate from 2023 to 2024, likely due to various factors influencing the industry. Despite this, the compound annual growth rate (CAGR) over the four-year period remains strong at 11.93%, indicating sustained interest and demand for NMC battery packs in Belgium. The transition from high to moderate concentration in the Herfindahl-Hirschman Index (HHI) signifies a more diversified supplier base, potentially bringing new opportunities for market players.

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 NMC Battery Pack Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium NMC Battery Pack Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium NMC Battery Pack Market - Industry Life Cycle |
3.4 Belgium NMC Battery Pack Market - Porter's Five Forces |
3.5 Belgium NMC Battery Pack Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium NMC Battery Pack Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.7 Belgium NMC Battery Pack Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Belgium NMC Battery Pack Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Belgium NMC Battery Pack Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles in Belgium |
4.2.2 Government incentives and regulations promoting the use of renewable energy sources |
4.2.3 Technological advancements in NMC battery technology |
4.3 Market Restraints |
4.3.1 High initial investment costs for NMC battery packs |
4.3.2 Limited availability of raw materials for NMC batteries |
4.3.3 Competition from other battery technologies such as lithium-ion phosphate |
5 Belgium NMC Battery Pack Market Trends |
6 Belgium NMC Battery Pack Market, By Types |
6.1 Belgium NMC Battery Pack Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium NMC Battery Pack Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Belgium NMC Battery Pack Market Revenues & Volume, By NMC 111, 2021 - 2031F |
6.1.4 Belgium NMC Battery Pack Market Revenues & Volume, By NMC 532, 2021 - 2031F |
6.1.5 Belgium NMC Battery Pack Market Revenues & Volume, By NMC 622, 2021 - 2031F |
6.1.6 Belgium NMC Battery Pack Market Revenues & Volume, By NMC 811, 2021 - 2031F |
6.2 Belgium NMC Battery Pack Market, By Capacity |
6.2.1 Overview and Analysis |
6.2.2 Belgium NMC Battery Pack Market Revenues & Volume, By <10 kWh, 2021 - 2031F |
6.2.3 Belgium NMC Battery Pack Market Revenues & Volume, By 10-50 kWh, 2021 - 2031F |
6.2.4 Belgium NMC Battery Pack Market Revenues & Volume, By 50-100 kWh, 2021 - 2031F |
6.2.5 Belgium NMC Battery Pack Market Revenues & Volume, By >100 kWh, 2021 - 2031F |
6.3 Belgium NMC Battery Pack Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Belgium NMC Battery Pack Market Revenues & Volume, By Electric Vehicles, 2021 - 2031F |
6.3.3 Belgium NMC Battery Pack Market Revenues & Volume, By Energy Storage Systems, 2021 - 2031F |
6.3.4 Belgium NMC Battery Pack Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.3.5 Belgium NMC Battery Pack Market Revenues & Volume, By Industrial Applications, 2021 - 2031F |
6.4 Belgium NMC Battery Pack Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Belgium NMC Battery Pack Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.4.3 Belgium NMC Battery Pack Market Revenues & Volume, By Renewable Energy, 2021 - 2031F |
6.4.4 Belgium NMC Battery Pack Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.4.5 Belgium NMC Battery Pack Market Revenues & Volume, By Heavy Industry, 2021 - 2031F |
7 Belgium NMC Battery Pack Market Import-Export Trade Statistics |
7.1 Belgium NMC Battery Pack Market Export to Major Countries |
7.2 Belgium NMC Battery Pack Market Imports from Major Countries |
8 Belgium NMC Battery Pack Market Key Performance Indicators |
8.1 Average price per kWh of NMC battery packs |
8.2 Number of electric vehicle registrations in Belgium |
8.3 Research and development expenditure in NMC battery technology |
9 Belgium NMC Battery Pack Market - Opportunity Assessment |
9.1 Belgium NMC Battery Pack Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium NMC Battery Pack Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.3 Belgium NMC Battery Pack Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Belgium NMC Battery Pack Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Belgium NMC Battery Pack Market - Competitive Landscape |
10.1 Belgium NMC Battery Pack Market Revenue Share, By Companies, 2024 |
10.2 Belgium NMC Battery Pack Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |