Automotive Manufacturing in Belgium
Summary
Automotive Manufacturing in Belgium industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Automotive manufacturing market is segmented into car manufacturing, motorcycle manufacturing, and truck manufacturing. Market value of the automotive manufacturing industry is calculated based on the manufacturer's selling price, excluding taxes and levies. Market volume represents the production of vehicles in a country in a specific year.
- The Belgian automotive manufacturing industry recorded revenues of $7.1 billion in 2023, representing a compound annual growth rate (CAGR) of 5.9% between 2018 and 2023.
- Industry production volume increased with a CAGR of 0.9% between 2018 and 2023, to reach a total of 0.3 million units in 2023.
- The production growth across the industry is supported by rising domestic consumption and the accelerating exports of automobiles. According to the Belgian Federation of Automobile and Cycle Industry (FEBIAC), in 2023, 476,675 new passenger cars were registered in Belgium, up 30% over 2022.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the automotive manufacturing market in Belgium
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the automotive manufacturing market in Belgium
- Leading company profiles reveal details of key automotive manufacturing market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Belgium automotive manufacturing market with five year forecasts
- What was the size of the Belgium automotive manufacturing market by value in 2023?
- What will be the size of the Belgium automotive manufacturing market in 2028?
- What factors are affecting the strength of competition in the Belgium automotive manufacturing market?
- How has the market performed over the last five years?
- What are the main segments that make up Belgium's automotive manufacturing market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. How are strategic alliances used by the leading companies?
- 7.3. How are leading players progressing in the hybrid & electric vehicles segment?
- 8 Company Profiles
- 8.1. AB Volvo
- 8.2. Volkswagen AG
- 8.3. PACCAR Inc.
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Belgium automotive manufacturing industry value: $ billion, 2018-23
- Table 2: Belgium automotive manufacturing industry volume: thousand units, 2018-23
- Table 3: Belgium automotive manufacturing industry category segmentation: % share, by value, 2018-2023
- Table 4: Belgium automotive manufacturing industry category segmentation: $ billion, 2018-2023
- Table 5: Belgium automotive manufacturing industry geography segmentation: $ billion, 2023
- Table 6: Belgium automotive manufacturing industry value forecast: $ billion, 2023-28
- Table 7: Belgium automotive manufacturing industry volume forecast: thousand units, 2023-28
- Table 8: AB Volvo: key facts
- Table 9: AB Volvo: Annual Financial Ratios
- Table 10: AB Volvo: Key Employees
- Table 11: AB Volvo: Key Employees Continued
- Table 12: Volkswagen AG: key facts
- Table 13: Volkswagen AG: Annual Financial Ratios
- Table 14: Volkswagen AG: Key Employees
- Table 15: Volkswagen AG: Key Employees Continued
- Table 16: Volkswagen AG: Key Employees Continued
- Table 17: PACCAR Inc.: key facts
- Table 18: PACCAR Inc.: Annual Financial Ratios
- Table 19: PACCAR Inc.: Key Employees
- Table 20: PACCAR Inc.: Key Employees Continued
- Table 21: Belgium size of population (million), 2019-23
- Table 22: Belgium real gdp (constant 2010 prices, $ billion), 2019-23
- Table 23: Belgium gdp (current prices, $ billion), 2019-23
- Table 24: Belgium inflation, 2019-23
- Table 25: Belgium consumer price index (absolute), 2019-23
- Table 26: Belgium exchange rate, 2019-23
- List of Figures
- Figure 1: Belgium automotive manufacturing industry value: $ billion, 2018-23
- Figure 2: Belgium automotive manufacturing industry volume: thousand units, 2018-23
- Figure 3: Belgium automotive manufacturing industry category segmentation: $ billion, 2018-2023
- Figure 4: Belgium automotive manufacturing industry geography segmentation: % share, by value, 2023
- Figure 5: Belgium automotive manufacturing industry value forecast: $ billion, 2023-28
- Figure 6: Belgium automotive manufacturing industry volume forecast: thousand units, 2023-28
- Figure 7: Forces driving competition in the automotive manufacturing industry in Belgium, 2023
- Figure 8: Drivers of buyer power in the automotive manufacturing industry in Belgium, 2023
- Figure 9: Drivers of supplier power in the automotive manufacturing industry in Belgium, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the automotive manufacturing industry in Belgium, 2023
- Figure 11: Factors influencing the threat of substitutes in the automotive manufacturing industry in Belgium, 2023
- Figure 12: Drivers of degree of rivalry in the automotive manufacturing industry in Belgium, 2023
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