| Product Code: ETC6364571 | 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 |
In 2024, Belgium continued to source solar thermal collectors primarily from neighboring countries such as the Netherlands, Germany, and Italy, as well as from the USA and Sweden. The low Herfindahl-Hirschman Index (HHI) indicates a competitive market landscape. Despite a slight decline in the compound annual growth rate (CAGR) from 2020 to 2024, there was a positive growth rate of 4.27% in 2024 compared to the previous year, reflecting a potential rebound in the market.

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 Solar Thermal Collectors Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Solar Thermal Collectors Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Solar Thermal Collectors Market - Industry Life Cycle |
3.4 Belgium Solar Thermal Collectors Market - Porter's Five Forces |
3.5 Belgium Solar Thermal Collectors Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Belgium Solar Thermal Collectors Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Belgium Solar Thermal Collectors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government incentives and subsidies for renewable energy projects, including solar thermal collectors in Belgium. |
4.2.2 Growing environmental awareness and emphasis on sustainable energy solutions. |
4.2.3 Technological advancements leading to improved efficiency and affordability of solar thermal collectors. |
4.3 Market Restraints |
4.3.1 High initial installation costs of solar thermal collectors, which may deter some potential customers. |
4.3.2 Intermittent nature of solar energy generation, which can limit the continuous supply of hot water or heating. |
4.3.3 Competition from other renewable energy sources like photovoltaic panels and heat pumps. |
5 Belgium Solar Thermal Collectors Market Trends |
6 Belgium Solar Thermal Collectors Market, By Types |
6.1 Belgium Solar Thermal Collectors Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Belgium Solar Thermal Collectors Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Belgium Solar Thermal Collectors Market Revenues & Volume, By Concentrating, 2021- 2031F |
6.1.4 Belgium Solar Thermal Collectors Market Revenues & Volume, By Non-Concentrating, 2021- 2031F |
6.2 Belgium Solar Thermal Collectors Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Belgium Solar Thermal Collectors Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.3 Belgium Solar Thermal Collectors Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.4 Belgium Solar Thermal Collectors Market Revenues & Volume, By Industrial, 2021- 2031F |
7 Belgium Solar Thermal Collectors Market Import-Export Trade Statistics |
7.1 Belgium Solar Thermal Collectors Market Export to Major Countries |
7.2 Belgium Solar Thermal Collectors Market Imports from Major Countries |
8 Belgium Solar Thermal Collectors Market Key Performance Indicators |
8.1 Average annual sunlight hours in Belgium, indicating the solar energy potential for solar thermal collectors. |
8.2 Number of new residential and commercial buildings incorporating solar thermal collectors in their construction or renovation plans. |
8.3 Percentage increase in the adoption of solar thermal collectors in Belgium over the past year. |
8.4 Efficiency improvement rate of solar thermal collector technology. |
8.5 Number of research and development projects focused on enhancing solar thermal collector performance in Belgium. |
9 Belgium Solar Thermal Collectors Market - Opportunity Assessment |
9.1 Belgium Solar Thermal Collectors Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Belgium Solar Thermal Collectors Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Belgium Solar Thermal Collectors Market - Competitive Landscape |
10.1 Belgium Solar Thermal Collectors Market Revenue Share, By Companies, 2024 |
10.2 Belgium Solar Thermal Collectors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |