| Product Code: ETC5234617 | 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 diverse range of torque spanners imports from top countries including Netherlands, Italy, Germany, Metropolitan France, and China. Despite a negative Compound Annual Growth Rate (CAGR) of -1.26% from 2020 to 2024, the market remained relatively stable with low concentration indicated by the Herfindahl-Hirschman Index (HHI). However, there was a notable decline in growth rate from 2023 to 2024 at -15.81%, suggesting a potential shift in market dynamics or external factors impacting the import shipments of torque spanners 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 Torque Spanners Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Torque Spanners Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Torque Spanners Market - Industry Life Cycle |
3.4 Belgium Torque Spanners Market - Porter's Five Forces |
3.5 Belgium Torque Spanners Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium Torque Spanners Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Belgium Torque Spanners Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for precision tools in industries such as automotive and manufacturing |
4.2.2 Technological advancements leading to the development of more efficient and accurate torque spanners |
4.2.3 Growing emphasis on worker safety and accuracy in torque applications |
4.3 Market Restraints |
4.3.1 High initial costs associated with purchasing high-quality torque spanners |
4.3.2 Limited awareness about the benefits of using torque spanners in certain industries |
5 Belgium Torque Spanners Market Trends |
6 Belgium Torque Spanners Market Segmentations |
6.1 Belgium Torque Spanners Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Torque Spanners Market Revenues & Volume, By Manual Torque Spanner, 2021-2031F |
6.1.3 Belgium Torque Spanners Market Revenues & Volume, By Pneumatic Torque Spanner, 2021-2031F |
6.1.4 Belgium Torque Spanners Market Revenues & Volume, By Electronic Torque Spanner, 2021-2031F |
6.2 Belgium Torque Spanners Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Belgium Torque Spanners Market Revenues & Volume, By Automotive, Engineering & Construction, 2021-2031F |
6.2.3 Belgium Torque Spanners Market Revenues & Volume, By Shipping & Aerospace, 2021-2031F |
6.2.4 Belgium Torque Spanners Market Revenues & Volume, By Other, 2021-2031F |
7 Belgium Torque Spanners Market Import-Export Trade Statistics |
7.1 Belgium Torque Spanners Market Export to Major Countries |
7.2 Belgium Torque Spanners Market Imports from Major Countries |
8 Belgium Torque Spanners Market Key Performance Indicators |
8.1 Average torque accuracy improvement rate year-over-year |
8.2 Number of new product innovations introduced in the torque spanners market |
8.3 Percentage increase in adoption of torque spanners in key industries |
9 Belgium Torque Spanners Market - Opportunity Assessment |
9.1 Belgium Torque Spanners Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium Torque Spanners Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Belgium Torque Spanners Market - Competitive Landscape |
10.1 Belgium Torque Spanners Market Revenue Share, By Companies, 2024 |
10.2 Belgium Torque Spanners Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |