| Product Code: ETC5756091 | 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 |
Wave energy converter import shipments to Belgium experienced a notable shift in 2024, with top exporting countries including China, Austria, Spain, Metropolitan France, and the Netherlands. The market concentration, as measured by the HHI, moved from high to moderate in 2024, indicating a more balanced distribution among suppliers. Despite a negative CAGR of -30.04% from 2020 to 2024, there was a significant rebound in growth with a 26.41% increase from 2023 to 2024. This suggests a renewed interest and investment in wave energy technologies in Belgium, potentially driven by advancements in the industry and government initiatives.

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 Wave Energy Converter Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Wave Energy Converter Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Wave Energy Converter Market - Industry Life Cycle |
3.4 Belgium Wave Energy Converter Market - Porter's Five Forces |
3.5 Belgium Wave Energy Converter Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Belgium Wave Energy Converter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on renewable energy sources in Belgium |
4.2.2 Government incentives and support for wave energy projects |
4.2.3 Technological advancements in wave energy converter systems |
4.3 Market Restraints |
4.3.1 High initial investment costs for wave energy projects |
4.3.2 Limited availability of suitable wave energy sites in Belgium |
4.3.3 Regulatory challenges and permitting issues |
5 Belgium Wave Energy Converter Market Trends |
6 Belgium Wave Energy Converter Market Segmentations |
6.1 Belgium Wave Energy Converter Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Belgium Wave Energy Converter Market Revenues & Volume, By Oscillating Water Column, 2021-2031F |
6.1.3 Belgium Wave Energy Converter Market Revenues & Volume, By Oscillating Body Converter Point Absorber, 2021-2031F |
6.1.4 Belgium Wave Energy Converter Market Revenues & Volume, By Attenuator, 2021-2031F |
6.1.5 Belgium Wave Energy Converter Market Revenues & Volume, By Oscillating Wave Surge, 2021-2031F |
6.1.6 Belgium Wave Energy Converter Market Revenues & Volume, By Submerged Pressure Differential, 2021-2031F |
7 Belgium Wave Energy Converter Market Import-Export Trade Statistics |
7.1 Belgium Wave Energy Converter Market Export to Major Countries |
7.2 Belgium Wave Energy Converter Market Imports from Major Countries |
8 Belgium Wave Energy Converter Market Key Performance Indicators |
8.1 Capacity factor of wave energy converters |
8.2 Levelized cost of energy (LCOE) for wave energy projects |
8.3 Efficiency of wave energy conversion technologies |
8.4 Number of new wave energy projects initiated |
8.5 Adoption rate of wave energy converters in Belgium |
9 Belgium Wave Energy Converter Market - Opportunity Assessment |
9.1 Belgium Wave Energy Converter Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Belgium Wave Energy Converter Market - Competitive Landscape |
10.1 Belgium Wave Energy Converter Market Revenue Share, By Companies, 2024 |
10.2 Belgium Wave Energy Converter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |