| Product Code: ETC6362743 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Belgium`s railway traction motor import market in 2024 continued to see a steady increase in shipments, with top exporting countries being Germany, Czechia, Brazil, China, and Sweden. Despite moderate concentration levels measured by the HHI, the industry experienced a strong compound annual growth rate (CAGR) of 7.04% from 2020 to 2024. The growth rate in 2024 alone was impressive at 9.7%, indicating a promising outlook for the market in the coming years. The diverse range of exporting countries highlights the global nature of the railway traction motor industry in Belgium.

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 Railway Traction Motor Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Railway Traction Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Railway Traction Motor Market - Industry Life Cycle |
3.4 Belgium Railway Traction Motor Market - Porter's Five Forces |
3.5 Belgium Railway Traction Motor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium Railway Traction Motor Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Belgium Railway Traction Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on sustainable transportation solutions |
4.2.2 Government investments in railway infrastructure |
4.2.3 Growing demand for electric and hybrid trains |
4.3 Market Restraints |
4.3.1 High initial costs associated with electric traction motors |
4.3.2 Limited availability of skilled workforce for maintenance and repairs |
5 Belgium Railway Traction Motor Market Trends |
6 Belgium Railway Traction Motor Market, By Types |
6.1 Belgium Railway Traction Motor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Railway Traction Motor Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Belgium Railway Traction Motor Market Revenues & Volume, By DC Traction Motor, 2021- 2031F |
6.1.4 Belgium Railway Traction Motor Market Revenues & Volume, By AC Traction Motor, 2021- 2031F |
6.1.5 Belgium Railway Traction Motor Market Revenues & Volume, By Synchronous AC Traction Motor, 2021- 2031F |
6.2 Belgium Railway Traction Motor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Belgium Railway Traction Motor Market Revenues & Volume, By Diesel Locomotive, 2021- 2031F |
6.2.3 Belgium Railway Traction Motor Market Revenues & Volume, By Electric Multiple Units, 2021- 2031F |
6.2.4 Belgium Railway Traction Motor Market Revenues & Volume, By Electric Locomotives, 2021- 2031F |
6.2.5 Belgium Railway Traction Motor Market Revenues & Volume, By Diesel-Electric Locomotives, 2021- 2031F |
7 Belgium Railway Traction Motor Market Import-Export Trade Statistics |
7.1 Belgium Railway Traction Motor Market Export to Major Countries |
7.2 Belgium Railway Traction Motor Market Imports from Major Countries |
8 Belgium Railway Traction Motor Market Key Performance Indicators |
8.1 Percentage increase in railway electrification projects |
8.2 Number of new contracts awarded for railway traction motor installations |
8.3 Energy efficiency improvements in railway operations |
8.4 Adoption rate of electric and hybrid trains |
8.5 Investment in research and development for next-generation traction motors |
9 Belgium Railway Traction Motor Market - Opportunity Assessment |
9.1 Belgium Railway Traction Motor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium Railway Traction Motor Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Belgium Railway Traction Motor Market - Competitive Landscape |
10.1 Belgium Railway Traction Motor Market Revenue Share, By Companies, 2024 |
10.2 Belgium Railway Traction Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |