| Product Code: ETC5234750 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Belgium saw a decline in torque wrench import shipments, with top exporting countries including Italy, Netherlands, Germany, Metropolitan France, and China. The Herfindahl-Hirschman Index (HHI) reflected a shift from moderate to low concentration, indicating a more diverse market landscape. The negative compound annual growth rate (CAGR) of -1.18% from 2020 to 2024 and a significant growth rate decrease of -18.26% from 2023 to 2024 suggest a challenging environment for torque wrench imports in Belgium. Further analysis is needed to understand the underlying factors driving these trends.

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 Wrench Market Overview  | 
3.1 Belgium Country Macro Economic Indicators  | 
3.2 Belgium Torque Wrench Market Revenues & Volume, 2021 & 2031F  | 
3.3 Belgium Torque Wrench Market - Industry Life Cycle  | 
3.4 Belgium Torque Wrench Market - Porter's Five Forces  | 
3.5 Belgium Torque Wrench Market Revenues & Volume Share, By Product Type, 2021 & 2031F  | 
3.6 Belgium Torque Wrench Market Revenues & Volume Share, By Applications, 2021 & 2031F  | 
4 Belgium Torque Wrench Market Dynamics  | 
4.1 Impact Analysis  | 
4.2 Market Drivers  | 
4.2.1 Increasing demand for precision tools in industries such as automotive, manufacturing, and construction  | 
4.2.2 Emphasis on workplace safety regulations leading to the adoption of torque wrenches  | 
4.2.3 Technological advancements in torque wrench design and functionalities  | 
4.3 Market Restraints  | 
4.3.1 High initial cost of torque wrenches may limit widespread adoption  | 
4.3.2 Lack of awareness about the benefits and proper usage of torque wrenches  | 
4.3.3 Competition from substitute tools or methods for torque tightening applications  | 
5 Belgium Torque Wrench Market Trends  | 
6 Belgium Torque Wrench Market Segmentations  | 
6.1 Belgium Torque Wrench Market, By Product Type  | 
6.1.1 Overview and Analysis  | 
6.1.2 Belgium Torque Wrench Market Revenues & Volume, By Manual Torque Wrench, 2021-2031F  | 
6.1.3 Belgium Torque Wrench Market Revenues & Volume, By Pneumatic Torque Wrench, 2021-2031F  | 
6.1.4 Belgium Torque Wrench Market Revenues & Volume, By Electronic Torque Wrench, 2021-2031F  | 
6.2 Belgium Torque Wrench Market, By Applications  | 
6.2.1 Overview and Analysis  | 
6.2.2 Belgium Torque Wrench Market Revenues & Volume, By Automotive, 2021-2031F  | 
6.2.3 Belgium Torque Wrench Market Revenues & Volume, By Engineering & Machinery Manufacturing, 2021-2031F  | 
6.2.4 Belgium Torque Wrench Market Revenues & Volume, By Construction, 2021-2031F  | 
6.2.5 Belgium Torque Wrench Market Revenues & Volume, By Shipping & Aerospace, 2021-2031F  | 
6.2.6 Belgium Torque Wrench Market Revenues & Volume, By Other, 2021-2031F  | 
7 Belgium Torque Wrench Market Import-Export Trade Statistics  | 
7.1 Belgium Torque Wrench Market Export to Major Countries  | 
7.2 Belgium Torque Wrench Market Imports from Major Countries  | 
8 Belgium Torque Wrench Market Key Performance Indicators  | 
8.1 Rate of adoption of torque wrenches in key industries  | 
8.2 Number of workplace accidents related to improper torque application  | 
8.3 Level of investment in research and development for torque wrench technology  | 
8.4 Customer satisfaction and feedback on torque wrench performance  | 
8.5 Percentage of torque wrench users trained in proper usage and maintenance  | 
9 Belgium Torque Wrench Market - Opportunity Assessment  | 
9.1 Belgium Torque Wrench Market Opportunity Assessment, By Product Type, 2021 & 2031F  | 
9.2 Belgium Torque Wrench Market Opportunity Assessment, By Applications, 2021 & 2031F  | 
10 Belgium Torque Wrench Market - Competitive Landscape  | 
10.1 Belgium Torque Wrench Market Revenue Share, By Companies, 2024  | 
10.2 Belgium Torque Wrench Market Competitive Benchmarking, By Operating and Technical Parameters  | 
11 Company Profiles  | 
12 Recommendations  | 13 Disclaimer  |