| Product Code: ETC6360700 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
In 2024, Belgium saw a steady growth in passenger vehicle import shipments, with key exporters including Czechia, Spain, Morocco, Germany, and Metropolitan France. The low concentration of the Herfindahl-Hirschman Index (HHI) indicates a diverse market landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 6.48%, with a notable growth rate of 9.36% from 2023 to 2024. This data suggests a positive trend in Belgium`s passenger vehicle import market, driven by a variety of sources contributing to the country`s automotive industry.
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 Passenger Vehicle Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Passenger Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Passenger Vehicle Market - Industry Life Cycle |
3.4 Belgium Passenger Vehicle Market - Porter's Five Forces |
3.5 Belgium Passenger Vehicle Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Belgium Passenger Vehicle Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
4 Belgium Passenger Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and population growth leading to higher demand for passenger vehicles |
4.2.2 Technological advancements and innovation in electric vehicles driving market growth |
4.2.3 Favorable government policies and incentives promoting the adoption of eco-friendly vehicles |
4.3 Market Restraints |
4.3.1 Volatility in fuel prices impacting consumer purchasing power |
4.3.2 Regulatory challenges and changing emission standards affecting market dynamics |
5 Belgium Passenger Vehicle Market Trends |
6 Belgium Passenger Vehicle Market, By Types |
6.1 Belgium Passenger Vehicle Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Passenger Vehicle Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 Belgium Passenger Vehicle Market Revenues & Volume, By Hatchback, 2021- 2031F |
6.1.4 Belgium Passenger Vehicle Market Revenues & Volume, By Sedan, 2021- 2031F |
6.1.5 Belgium Passenger Vehicle Market Revenues & Volume, By Sports Utility Vehicle, 2021- 2031F |
6.2 Belgium Passenger Vehicle Market, By Fuel Type |
6.2.1 Overview and Analysis |
6.2.2 Belgium Passenger Vehicle Market Revenues & Volume, By Gasoline, 2021- 2031F |
6.2.3 Belgium Passenger Vehicle Market Revenues & Volume, By Diesel, 2021- 2031F |
6.2.4 Belgium Passenger Vehicle Market Revenues & Volume, By Electric, 2021- 2031F |
7 Belgium Passenger Vehicle Market Import-Export Trade Statistics |
7.1 Belgium Passenger Vehicle Market Export to Major Countries |
7.2 Belgium Passenger Vehicle Market Imports from Major Countries |
8 Belgium Passenger Vehicle Market Key Performance Indicators |
8.1 Average age of passenger vehicles on the road |
8.2 Adoption rate of electric vehicles in the market |
8.3 Average miles driven per vehicle |
8.4 Number of charging stations for electric vehicles |
8.5 Consumer sentiment towards eco-friendly vehicles |
9 Belgium Passenger Vehicle Market - Opportunity Assessment |
9.1 Belgium Passenger Vehicle Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Belgium Passenger Vehicle Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
10 Belgium Passenger Vehicle Market - Competitive Landscape |
10.1 Belgium Passenger Vehicle Market Revenue Share, By Companies, 2024 |
10.2 Belgium Passenger Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |