| Product Code: ETC6360976 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Belgium`s import shipments of permanent magnet synchronous motors in 2024 saw significant contributions from top exporting countries such as Germany, Brazil, Czechia, Sweden, and China. The market concentration, as measured by the HHI, remained at a moderate level in 2024, indicating a competitive landscape. With a compound annual growth rate (CAGR) of 6.55% from 2020 to 2024, the market for these motors in Belgium is showing steady expansion. Moreover, the growth rate from 2023 to 2024 accelerated to 7.62%, highlighting the increasing demand and opportunities within the 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 Permanent Magnet Synchronous Motors Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Permanent Magnet Synchronous Motors Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Permanent Magnet Synchronous Motors Market - Industry Life Cycle |
3.4 Belgium Permanent Magnet Synchronous Motors Market - Porter's Five Forces |
3.5 Belgium Permanent Magnet Synchronous Motors Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.6 Belgium Permanent Magnet Synchronous Motors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Belgium Permanent Magnet Synchronous Motors Market Revenues & Volume Share, By Control, 2021 & 2031F |
3.8 Belgium Permanent Magnet Synchronous Motors Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Belgium Permanent Magnet Synchronous Motors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient and high-performance motors |
4.2.2 Growing adoption of electric vehicles and renewable energy sources |
4.2.3 Technological advancements leading to improved efficiency and performance |
4.3 Market Restraints |
4.3.1 High initial cost of permanent magnet synchronous motors |
4.3.2 Limited availability of rare earth materials used in the production of these motors |
4.3.3 Competition from induction motors and other motor technologies |
5 Belgium Permanent Magnet Synchronous Motors Market Trends |
6 Belgium Permanent Magnet Synchronous Motors Market, By Types |
6.1 Belgium Permanent Magnet Synchronous Motors Market, By Capacity |
6.1.1 Overview and Analysis |
6.1.2 Belgium Permanent Magnet Synchronous Motors Market Revenues & Volume, By Capacity, 2021- 2031F |
6.1.3 Belgium Permanent Magnet Synchronous Motors Market Revenues & Volume, By 375 450 kW, 2021- 2031F |
6.1.4 Belgium Permanent Magnet Synchronous Motors Market Revenues & Volume, By 450 600 kW, 2021- 2031F |
6.1.5 Belgium Permanent Magnet Synchronous Motors Market Revenues & Volume, By Above 600 kW, 2021- 2031F |
6.2 Belgium Permanent Magnet Synchronous Motors Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Belgium Permanent Magnet Synchronous Motors Market Revenues & Volume, By Surface Permanent Magnet Synchronous Motor, 2021- 2031F |
6.2.3 Belgium Permanent Magnet Synchronous Motors Market Revenues & Volume, By Interior Permanent Magnet Synchronous Motor, 2021- 2031F |
6.3 Belgium Permanent Magnet Synchronous Motors Market, By Control |
6.3.1 Overview and Analysis |
6.3.2 Belgium Permanent Magnet Synchronous Motors Market Revenues & Volume, By Trapezoidal, 2021- 2031F |
6.3.3 Belgium Permanent Magnet Synchronous Motors Market Revenues & Volume, By Open Loop, 2021- 2031F |
6.3.4 Belgium Permanent Magnet Synchronous Motors Market Revenues & Volume, By Closed Loop, 2021- 2031F |
6.3.5 Belgium Permanent Magnet Synchronous Motors Market Revenues & Volume, By Sinusoidal, 2021- 2031F |
6.3.6 Belgium Permanent Magnet Synchronous Motors Market Revenues & Volume, By Scalar, 2021- 2031F |
6.3.7 Belgium Permanent Magnet Synchronous Motors Market Revenues & Volume, By Vector, 2021- 2031F |
6.4 Belgium Permanent Magnet Synchronous Motors Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Belgium Permanent Magnet Synchronous Motors Market Revenues & Volume, By Electrical & Electronics, 2021- 2031F |
6.4.3 Belgium Permanent Magnet Synchronous Motors Market Revenues & Volume, By Aerospace & Automotive, 2021- 2031F |
6.4.4 Belgium Permanent Magnet Synchronous Motors Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.4.5 Belgium Permanent Magnet Synchronous Motors Market Revenues & Volume, By Marine, 2021- 2031F |
6.4.6 Belgium Permanent Magnet Synchronous Motors Market Revenues & Volume, By Defense, 2021- 2031F |
6.4.7 Belgium Permanent Magnet Synchronous Motors Market Revenues & Volume, By Power, 2021- 2031F |
6.4.8 Belgium Permanent Magnet Synchronous Motors Market Revenues & Volume, By Others, 2021- 2031F |
6.4.9 Belgium Permanent Magnet Synchronous Motors Market Revenues & Volume, By Others, 2021- 2031F |
7 Belgium Permanent Magnet Synchronous Motors Market Import-Export Trade Statistics |
7.1 Belgium Permanent Magnet Synchronous Motors Market Export to Major Countries |
7.2 Belgium Permanent Magnet Synchronous Motors Market Imports from Major Countries |
8 Belgium Permanent Magnet Synchronous Motors Market Key Performance Indicators |
8.1 Energy efficiency improvement rate of permanent magnet synchronous motors |
8.2 Adoption rate of permanent magnet synchronous motors in key industries |
8.3 Rate of technological advancements in permanent magnet synchronous motors |
9 Belgium Permanent Magnet Synchronous Motors Market - Opportunity Assessment |
9.1 Belgium Permanent Magnet Synchronous Motors Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.2 Belgium Permanent Magnet Synchronous Motors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Belgium Permanent Magnet Synchronous Motors Market Opportunity Assessment, By Control, 2021 & 2031F |
9.4 Belgium Permanent Magnet Synchronous Motors Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Belgium Permanent Magnet Synchronous Motors Market - Competitive Landscape |
10.1 Belgium Permanent Magnet Synchronous Motors Market Revenue Share, By Companies, 2024 |
10.2 Belgium Permanent Magnet Synchronous Motors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |