Belgium Renewable Energy Market Summary, Competitive Analysis and Forecast to 2027
Summary
Renewable Energy in Belgium industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The renewable energy market consists of the net generation of electricity through renewable sources. It is divided into five segments, these being hydroelectricity, wind energy, solar, biomass, and geothermal. The volume of the market is calculated as the net volume of electricity produced through renewable means. The value of the industry is the amount of electricity produced multiplied by the wholesale price data for electricity generation.
- The Belgian renewable energy market had total revenues of $3,082.5 million in 2022, representing a compound annual growth rate (CAGR) of 11.5% between 2017 and 2022.
- Market production volume increased with a CAGR of 8.7% between 2017 and 2022, to reach a total of 25,113.8 GWh in 2022.
- Belgium captured a share of 2.4% of the European renewable energy market, in 2022.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the renewable energy market in Belgium
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in Belgium
- Leading company profiles reveal details of key renewable energy market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Belgium renewable energy market with five year forecasts by both value and volume
- What was the size of the Belgium renewable energy market by value in 2022?
- What will be the size of the Belgium renewable energy market in 2027?
- What factors are affecting the strength of competition in the Belgium renewable energy market?
- How has the market performed over the last five years?
- How large is Belgium’s renewable energy market in relation to its regional counterparts?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Geography segmentation
- 1.6. Market rivalry
- 1.7. 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. 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. What are the strengths and weaknesses of leading players?
- 7.3. What are the most notable developments in the market?
- 8 Company Profiles
- 8.1. Luminus SA
- 8.2. Electrabel SA
- 8.3. Vattenfall AB.
- 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 renewable energy market value: $ million, 2017–22
- Table 2: Belgium renewable energy market volume: GWh, 2017–22
- Table 3: Belgium renewable energy market geography segmentation: $ million, 2022
- Table 4: Belgium renewable energy market value forecast: $ million, 2022–27
- Table 5: Belgium renewable energy market volume forecast: GWh, 2022–27
- Table 6: Luminus SA: key facts
- Table 7: Luminus SA: Key Employees
- Table 8: Electrabel SA: key facts
- Table 9: Electrabel SA: Key Employees
- Table 10: Vattenfall AB.: key facts
- Table 11: Vattenfall AB.: Key Employees
- Table 12: Vattenfall AB.: Key Employees Continued
- Table 13: Belgium size of population (million), 2018–22
- Table 14: Belgium gdp (constant 2005 prices, $ billion), 2018–22
- Table 15: Belgium gdp (current prices, $ billion), 2018–22
- Table 16: Belgium inflation, 2018–22
- Table 17: Belgium consumer price index (absolute), 2018–22
- Table 18: Belgium exchange rate, 2018–22
- List of Figures
- Figure 1: Belgium renewable energy market value: $ million, 2017–22
- Figure 2: Belgium renewable energy market volume: GWh, 2017–22
- Figure 3: Belgium renewable energy market geography segmentation: % share, by value, 2022
- Figure 4: Belgium renewable energy market value forecast: $ million, 2022–27
- Figure 5: Belgium renewable energy market volume forecast: GWh, 2022–27
- Figure 6: Forces driving competition in the renewable energy market in Belgium, 2022
- Figure 7: Drivers of buyer power in the renewable energy market in Belgium, 2022
- Figure 8: Drivers of supplier power in the renewable energy market in Belgium, 2022
- Figure 9: Factors influencing the likelihood of new entrants in the renewable energy market in Belgium, 2022
- Figure 10: Factors influencing the threat of substitutes in the renewable energy market in Belgium, 2022
- Figure 11: Drivers of degree of rivalry in the renewable energy market in Belgium, 2022
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