| Product Code: ETC5054668 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Belgium saw a shift in power cable import sources, with Spain, Austria, Germany, Metropolitan France, and Netherlands emerging as the top exporting countries. The Herfindahl-Hirschman Index (HHI) indicated a decrease in market concentration from moderate to low in 2024. The industry experienced a negative Compound Annual Growth Rate (CAGR) of -4.38% from 2020 to 2024, with a significant decline in growth rate of -48.63% in 2024. These trends suggest a changing landscape in Belgium`s power cable import market, potentially influenced by evolving trade dynamics and industry conditions.

By 2027, the Power Cable market in Belgium is anticipated to reach a growth rate of 7.96%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Power Cable Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Power Cable Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Power Cable Market - Industry Life Cycle |
3.4 Belgium Power Cable Market - Porter's Five Forces |
3.5 Belgium Power Cable Market Revenues & Volume Share, By Installation Type, 2021 & 2031F |
3.6 Belgium Power Cable Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.7 Belgium Power Cable Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Belgium Power Cable Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electricity in Belgium due to growing population and industrial activities |
4.2.2 Government initiatives to promote renewable energy sources, leading to the expansion of power cable infrastructure |
4.2.3 Technological advancements in power cable materials and manufacturing processes |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices affecting the cost of production |
4.3.2 Stringent regulations and standards for power cable manufacturing and installation |
4.3.3 Competition from alternative energy transmission technologies like wireless power transmission |
5 Belgium Power Cable Market Trends |
6 Belgium Power Cable Market Segmentations |
6.1 Belgium Power Cable Market, By Installation Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Power Cable Market Revenues & Volume, By Overhead, 2021-2031F |
6.1.3 Belgium Power Cable Market Revenues & Volume, By Underground, 2021-2031F |
6.1.4 Belgium Power Cable Market Revenues & Volume, By Submarine, 2021-2031F |
6.2 Belgium Power Cable Market, By Voltage |
6.2.1 Overview and Analysis |
6.2.2 Belgium Power Cable Market Revenues & Volume, By Low, 2021-2031F |
6.2.3 Belgium Power Cable Market Revenues & Volume, By Medium, 2021-2031F |
6.2.4 Belgium Power Cable Market Revenues & Volume, By High, 2021-2031F |
6.3 Belgium Power Cable Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Belgium Power Cable Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Belgium Power Cable Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.4 Belgium Power Cable Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.5 Belgium Power Cable Market Revenues & Volume, By Utilities, 2021-2031F |
7 Belgium Power Cable Market Import-Export Trade Statistics |
7.1 Belgium Power Cable Market Export to Major Countries |
7.2 Belgium Power Cable Market Imports from Major Countries |
8 Belgium Power Cable Market Key Performance Indicators |
8.1 Percentage increase in the length of installed power cables in Belgium |
8.2 Adoption rate of high-efficiency power cable materials in the market |
8.3 Number of new renewable energy projects requiring power cable installations. |
9 Belgium Power Cable Market - Opportunity Assessment |
9.1 Belgium Power Cable Market Opportunity Assessment, By Installation Type, 2021 & 2031F |
9.2 Belgium Power Cable Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.3 Belgium Power Cable Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Belgium Power Cable Market - Competitive Landscape |
10.1 Belgium Power Cable Market Revenue Share, By Companies, 2024 |
10.2 Belgium Power Cable 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