| Product Code: ETC5234484 | 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 an increase in import shipments of torque screwdrivers, with top exporting countries including Italy, Netherlands, Germany, Metropolitan France, and China. The market displayed a shift from moderate to low concentration according to the Herfindahl-Hirschman Index (HHI). However, the industry experienced a negative compound annual growth rate (CAGR) of -1.18% from 2020 to 2024, with a significant decline in growth rate from 2023 to 2024 at -18.26%. This data suggests a challenging landscape for the sector, indicating potential shifts in market dynamics and competitive pressures.

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 Torque Screwdriver Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Torque Screwdriver Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Torque Screwdriver Market - Industry Life Cycle |
3.4 Belgium Torque Screwdriver Market - Porter's Five Forces |
3.5 Belgium Torque Screwdriver Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Belgium Torque Screwdriver Market Revenues & Volume Share, By Applications , 2021 & 2031F |
4 Belgium Torque Screwdriver Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for precision tools in industries such as automotive, electronics, and manufacturing |
4.2.2 Focus on enhancing productivity and efficiency in assembly and maintenance processes |
4.2.3 Emphasis on quality control and accuracy in tightening operations |
4.3 Market Restraints |
4.3.1 Intense competition from alternative fastening tools like manual screwdrivers and power drills |
4.3.2 Economic fluctuations impacting industrial spending on tools and equipment |
4.3.3 Technological advancements leading to the development of more efficient torque tools |
5 Belgium Torque Screwdriver Market Trends |
6 Belgium Torque Screwdriver Market Segmentations |
6.1 Belgium Torque Screwdriver Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Belgium Torque Screwdriver Market Revenues & Volume, By Electric Torque Screwdriver, 2021-2031F |
6.1.3 Belgium Torque Screwdriver Market Revenues & Volume, By Manual Torque Screwdriver, 2021-2031F |
6.2 Belgium Torque Screwdriver Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Belgium Torque Screwdriver Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Belgium Torque Screwdriver Market Revenues & Volume, By Engineering and Construction, 2021-2031F |
6.2.4 Belgium Torque Screwdriver Market Revenues & Volume, By Machinery Manufacturing, 2021-2031F |
6.2.5 Belgium Torque Screwdriver Market Revenues & Volume, By Shipping and Aerospace, 2021-2031F |
6.2.6 Belgium Torque Screwdriver Market Revenues & Volume, By Other, 2021-2031F |
7 Belgium Torque Screwdriver Market Import-Export Trade Statistics |
7.1 Belgium Torque Screwdriver Market Export to Major Countries |
7.2 Belgium Torque Screwdriver Market Imports from Major Countries |
8 Belgium Torque Screwdriver Market Key Performance Indicators |
8.1 Average torque accuracy of screwdrivers in the market |
8.2 Number of industries adopting torque screwdrivers for assembly processes |
8.3 Rate of innovation in torque screwdriver technology |
8.4 Customer satisfaction levels with the performance and durability of torque screwdrivers |
9 Belgium Torque Screwdriver Market - Opportunity Assessment |
9.1 Belgium Torque Screwdriver Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Belgium Torque Screwdriver Market Opportunity Assessment, By Applications , 2021 & 2031F |
10 Belgium Torque Screwdriver Market - Competitive Landscape |
10.1 Belgium Torque Screwdriver Market Revenue Share, By Companies, 2024 |
10.2 Belgium Torque Screwdriver 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