| Product Code: ETC6367353 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Belgium continued to rely on imports of wind power equipment from key exporters such as China, Denmark, India, Germany, and the USA. Despite a significant decrease in the Herfindahl-Hirschman Index (HHI) from very high concentration in 2023 to high concentration in 2024, the industry remained competitive. The compound annual growth rate (CAGR) for the period 2020-2024 was notably negative at -52.17%, but the growth rate from 2023 to 2024 surged impressively by 102.56%. This suggests a dynamic market environment and increasing demand for wind power technology 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 Wind Power Equipment Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Wind Power Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Wind Power Equipment Market - Industry Life Cycle |
3.4 Belgium Wind Power Equipment Market - Porter's Five Forces |
3.5 Belgium Wind Power Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium Wind Power Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Belgium Wind Power Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives and favorable policies promoting renewable energy sources. |
4.2.2 Growing awareness and concern for environmental sustainability among consumers and businesses. |
4.2.3 Technological advancements and innovations in wind power equipment leading to increased efficiency and cost-effectiveness. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with setting up wind power projects. |
4.3.2 Challenges in grid integration and storage of wind energy. |
4.3.3 Limited land availability for installing wind turbines in densely populated areas. |
5 Belgium Wind Power Equipment Market Trends |
6 Belgium Wind Power Equipment Market, By Types |
6.1 Belgium Wind Power Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Wind Power Equipment Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Belgium Wind Power Equipment Market Revenues & Volume, By Rotor/Blade, 2021- 2031F |
6.1.4 Belgium Wind Power Equipment Market Revenues & Volume, By Tower, 2021- 2031F |
6.1.5 Belgium Wind Power Equipment Market Revenues & Volume, By Generator, 2021- 2031F |
6.1.6 Belgium Wind Power Equipment Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Belgium Wind Power Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Belgium Wind Power Equipment Market Revenues & Volume, By Onshore, 2021- 2031F |
6.2.3 Belgium Wind Power Equipment Market Revenues & Volume, By Offshore, 2021- 2031F |
7 Belgium Wind Power Equipment Market Import-Export Trade Statistics |
7.1 Belgium Wind Power Equipment Market Export to Major Countries |
7.2 Belgium Wind Power Equipment Market Imports from Major Countries |
8 Belgium Wind Power Equipment Market Key Performance Indicators |
8.1 Capacity utilization rate of wind power equipment. |
8.2 Levelized cost of energy (LCOE) for wind power projects. |
8.3 Average wind turbine efficiency rate. |
8.4 Number of new wind power projects approved or initiated. |
8.5 Percentage of energy generated from wind power in the overall energy mix of Belgium. |
9 Belgium Wind Power Equipment Market - Opportunity Assessment |
9.1 Belgium Wind Power Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium Wind Power Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Belgium Wind Power Equipment Market - Competitive Landscape |
10.1 Belgium Wind Power Equipment Market Revenue Share, By Companies, 2024 |
10.2 Belgium Wind Power Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |