| Product Code: ETC6367372 | 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 heavily rely on wind turbine shaft imports, with top exporters being China, Denmark, India, Germany, and the USA. Despite a significant decline in the CAGR from 2020-24 at -52.17%, there was a remarkable growth rate of 102.56% from 2023-24. The High Herfindahl-Hirschman Index (HHI) indicates a concerning level of market concentration, which intensified from 2023 to 2024. It will be important for Belgium to monitor this trend and diversify its import sources to ensure a more sustainable and competitive market for wind turbine shafts.

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 Turbine Shaft Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Wind Turbine Shaft Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Wind Turbine Shaft Market - Industry Life Cycle |
3.4 Belgium Wind Turbine Shaft Market - Porter's Five Forces |
3.5 Belgium Wind Turbine Shaft Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium Wind Turbine Shaft Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Belgium Wind Turbine Shaft Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government support and initiatives for renewable energy projects in Belgium |
4.2.2 Growing awareness and adoption of sustainable energy sources |
4.2.3 Technological advancements leading to more efficient and cost-effective wind turbine shafts |
4.3 Market Restraints |
4.3.1 High initial investment and operational costs associated with wind turbine shaft installations |
4.3.2 Uncertainty in regulatory policies and subsidies for renewable energy projects in Belgium |
5 Belgium Wind Turbine Shaft Market Trends |
6 Belgium Wind Turbine Shaft Market, By Types |
6.1 Belgium Wind Turbine Shaft Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Wind Turbine Shaft Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Belgium Wind Turbine Shaft Market Revenues & Volume, By Metal Wind Turbine Shaft, 2021- 2031F |
6.1.4 Belgium Wind Turbine Shaft Market Revenues & Volume, By Synthetic Composite Wind Turbine Shaft, 2021- 2031F |
6.2 Belgium Wind Turbine Shaft Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Belgium Wind Turbine Shaft Market Revenues & Volume, By Original Equipment Manufacturers (OEMs), 2021- 2031F |
6.2.3 Belgium Wind Turbine Shaft Market Revenues & Volume, By Aftermarket, 2021- 2031F |
7 Belgium Wind Turbine Shaft Market Import-Export Trade Statistics |
7.1 Belgium Wind Turbine Shaft Market Export to Major Countries |
7.2 Belgium Wind Turbine Shaft Market Imports from Major Countries |
8 Belgium Wind Turbine Shaft Market Key Performance Indicators |
8.1 Average capacity factor of wind turbines in Belgium |
8.2 Rate of installation of new wind turbine shafts |
8.3 Levelized Cost of Energy (LCOE) for wind energy projects in Belgium |
9 Belgium Wind Turbine Shaft Market - Opportunity Assessment |
9.1 Belgium Wind Turbine Shaft Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium Wind Turbine Shaft Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Belgium Wind Turbine Shaft Market - Competitive Landscape |
10.1 Belgium Wind Turbine Shaft Market Revenue Share, By Companies, 2024 |
10.2 Belgium Wind Turbine Shaft Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |