| Product Code: ETC5789474 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Belgium continued to rely on imports of subsea pumps, with key suppliers being Netherlands, Germany, Metropolitan France, USA, and Czechia. The market showed low concentration levels with the Herfindahl-Hirschman Index (HHI) remaining stable. Despite a slight decline in the compound annual growth rate (CAGR) from 2020 to 2024 at -0.86%, there was a marginal uptick in the growth rate from 2023 to 2024 at 0.16%. This indicates a relatively stable market for subsea pump imports in Belgium, with a diverse range of sourcing countries contributing to the supply chain.

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 Subsea Pumps Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Subsea Pumps Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Subsea Pumps Market - Industry Life Cycle |
3.4 Belgium Subsea Pumps Market - Porter's Five Forces |
3.5 Belgium Subsea Pumps Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium Subsea Pumps Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Belgium Subsea Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing offshore oil and gas exploration activities in Belgium |
4.2.2 Growing focus on renewable energy sources such as offshore wind farms |
4.2.3 Technological advancements in subsea pump systems |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with subsea pump installations |
4.3.2 Environmental regulations and concerns related to offshore drilling activities |
5 Belgium Subsea Pumps Market Trends |
6 Belgium Subsea Pumps Market Segmentations |
6.1 Belgium Subsea Pumps Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Subsea Pumps Market Revenues & Volume, By Helico-Axial, 2021-2031F |
6.1.3 Belgium Subsea Pumps Market Revenues & Volume, By ESP, 2021-2031F |
6.1.4 Belgium Subsea Pumps Market Revenues & Volume, By Centrifugal, 2021-2031F |
6.1.5 Belgium Subsea Pumps Market Revenues & Volume, By Twin-Screw, 2021-2031F |
6.1.6 Belgium Subsea Pumps Market Revenues & Volume, By Hybrid, 2021-2031F |
6.1.7 Belgium Subsea Pumps Market Revenues & Volume, By Counter-Axial, 2021-2031F |
6.2 Belgium Subsea Pumps Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Belgium Subsea Pumps Market Revenues & Volume, By Subsea Boosting, 2021-2031F |
6.2.3 Belgium Subsea Pumps Market Revenues & Volume, By Subsea Injection, 2021-2031F |
6.2.4 Belgium Subsea Pumps Market Revenues & Volume, By Subsea Separation, 2021-2031F |
6.2.5 Belgium Subsea Pumps Market Revenues & Volume, By Subsea Gas Compression, 2021-2031F |
7 Belgium Subsea Pumps Market Import-Export Trade Statistics |
7.1 Belgium Subsea Pumps Market Export to Major Countries |
7.2 Belgium Subsea Pumps Market Imports from Major Countries |
8 Belgium Subsea Pumps Market Key Performance Indicators |
8.1 Number of new offshore oil and gas exploration projects in Belgium |
8.2 Investment in research and development for subsea pump technologies |
8.3 Adoption rate of subsea pumps in offshore wind farms |
9 Belgium Subsea Pumps Market - Opportunity Assessment |
9.1 Belgium Subsea Pumps Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium Subsea Pumps Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Belgium Subsea Pumps Market - Competitive Landscape |
10.1 Belgium Subsea Pumps Market Revenue Share, By Companies, 2024 |
10.2 Belgium Subsea Pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |