| Product Code: ETC6360299 | Publication Date: Sep 2024 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Belgium saw increased import shipments of outdoor air source heat pumps from top exporting countries including Netherlands, Sweden, Metropolitan France, Italy, and Thailand. Despite a high concentration of imports in 2023, the Herfindahl-Hirschman Index (HHI) remained high in 2024, indicating market dominance by key players. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 5.37%, albeit a slight decline in growth rate from 2023 to 2024 at -14.86%. This suggests a competitive landscape in the Belgian market for outdoor air source heat pumps with fluctuations in growth rates.

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 Outdoor Air Source Heat Pump Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Outdoor Air Source Heat Pump Market Revenues & Volume, 2022 & 2032F |
3.3 Belgium Outdoor Air Source Heat Pump Market - Industry Life Cycle |
3.4 Belgium Outdoor Air Source Heat Pump Market - Porter's Five Forces |
3.5 Belgium Outdoor Air Source Heat Pump Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Belgium Outdoor Air Source Heat Pump Market Revenues & Volume Share, By Product, 2022 & 2032F |
3.7 Belgium Outdoor Air Source Heat Pump Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.8 Belgium Outdoor Air Source Heat Pump Market Revenues & Volume Share, By Size, 2022 & 2032F |
4 Belgium Outdoor Air Source Heat Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and subsidies for renewable energy sources |
4.2.2 Increasing awareness and adoption of sustainable heating solutions |
4.2.3 Rising energy costs and focus on energy efficiency |
4.3 Market Restraints |
4.3.1 High initial investment cost of outdoor air source heat pumps |
4.3.2 Limited availability of suitable installation locations |
4.3.3 Seasonal variability in outdoor temperatures affecting heat pump efficiency |
5 Belgium Outdoor Air Source Heat Pump Market Trends |
6 Belgium Outdoor Air Source Heat Pump Market, By Types |
6.1 Belgium Outdoor Air Source Heat Pump Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Outdoor Air Source Heat Pump Market Revenues & Volume, By Type, 2022 - 2032F |
6.1.3 Belgium Outdoor Air Source Heat Pump Market Revenues & Volume, By Air to Air, 2022 - 2032F |
6.1.4 Belgium Outdoor Air Source Heat Pump Market Revenues & Volume, By Air to Water, 2022 - 2032F |
6.2 Belgium Outdoor Air Source Heat Pump Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Belgium Outdoor Air Source Heat Pump Market Revenues & Volume, By Air Source Heat Pump (ASHP), 2022 - 2032F |
6.2.3 Belgium Outdoor Air Source Heat Pump Market Revenues & Volume, By Cold Climate ASHP (CC-ASHP), 2022 - 2032F |
6.3 Belgium Outdoor Air Source Heat Pump Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Belgium Outdoor Air Source Heat Pump Market Revenues & Volume, By Residential, 2022 - 2032F |
6.3.3 Belgium Outdoor Air Source Heat Pump Market Revenues & Volume, By Light Commercial, 2022 - 2032F |
6.4 Belgium Outdoor Air Source Heat Pump Market, By Size |
6.4.1 Overview and Analysis |
6.4.2 Belgium Outdoor Air Source Heat Pump Market Revenues & Volume, By 6,000 BTU, 2022 - 2032F |
6.4.3 Belgium Outdoor Air Source Heat Pump Market Revenues & Volume, By 9,000 BTU, 2022 - 2032F |
6.4.4 Belgium Outdoor Air Source Heat Pump Market Revenues & Volume, By 12,000 BTU, 2022 - 2032F |
6.4.5 Belgium Outdoor Air Source Heat Pump Market Revenues & Volume, By 15,000 BTU, 2022 - 2032F |
6.4.6 Belgium Outdoor Air Source Heat Pump Market Revenues & Volume, By 15,001 to 24,000 BTU, 2022 - 2032F |
6.4.7 Belgium Outdoor Air Source Heat Pump Market Revenues & Volume, By 24,000 to 48,000 BTU, 2022 - 2032F |
7 Belgium Outdoor Air Source Heat Pump Market Import-Export Trade Statistics |
7.1 Belgium Outdoor Air Source Heat Pump Market Export to Major Countries |
7.2 Belgium Outdoor Air Source Heat Pump Market Imports from Major Countries |
8 Belgium Outdoor Air Source Heat Pump Market Key Performance Indicators |
8.1 Average COP (Coefficient of Performance) of outdoor air source heat pumps |
8.2 Number of new residential and commercial installations per year |
8.3 Energy savings achieved by switching to outdoor air source heat pumps |
8.4 Number of accredited installers and service providers in the market |
8.5 Percentage of buildings using outdoor air source heat pumps for heating. |
9 Belgium Outdoor Air Source Heat Pump Market - Opportunity Assessment |
9.1 Belgium Outdoor Air Source Heat Pump Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Belgium Outdoor Air Source Heat Pump Market Opportunity Assessment, By Product, 2022 & 2032F |
9.3 Belgium Outdoor Air Source Heat Pump Market Opportunity Assessment, By Application, 2022 & 2032F |
9.4 Belgium Outdoor Air Source Heat Pump Market Opportunity Assessment, By Size, 2022 & 2032F |
10 Belgium Outdoor Air Source Heat Pump Market - Competitive Landscape |
10.1 Belgium Outdoor Air Source Heat Pump Market Revenue Share, By Companies, 2025 |
10.2 Belgium Outdoor Air Source Heat Pump 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.
To discover high-growth global markets and optimize your business strategy:
Click Here