Summary
Automotive Manufacturing in Belgium industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The automotive manufacturing industry is segmented into car manufacturing, motorcycle manufacturing, and truck manufacturing. The electric and hybrid vehicles are out of our market scope.
- The Belgian automotive manufacturing industry recorded revenues of $5.7 billion in 2024, representing a negative compound annual growth rate (CAGR) of 2.2% between 2019 and 2024.
- Industry production volumes declined with a negative CAGR of 3.4% between 2019 and 2024, reaching a total of 0.2 million units in 2024.
- The Belgian automotive manufacturing industry’s production volume contracted by 27.7% in 2024, primarily due to persistent shortages in skilled labor and intermittent supply chain disruptions. Plants in regions such as Flanders experienced difficulties in filling technical roles essential for EV and hybrid vehicle assembly lines.
Scope
- Save time carrying out entry-level research by identifying the size, growth, 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 by both value and volume
Reasons to Buy
- What was the size of the Belgium automotive manufacturing market by value in 2024?
- What will be the size of the Belgium automotive manufacturing market in 2029?
- What factors are affecting the strength of competition in the Belgium automotive manufacturing market?
- How has the market performed over the last five years?
- Who are the top competitors in Belgium's automotive manufacturing market?
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Table of Contents
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. What are the strategies of the leading players?
7.3. What are the strengths of the leading players?
8 Company Profiles
8.1. Bayerische Motoren Werke AG
8.2. Volkswagen AG
8.3. Stellantis NV
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, 2019-24
Table 2: Belgium automotive manufacturing industry volume: million units, 2019-24
Table 3: Belgium automotive manufacturing industry category segmentation: % share, by value, 2019-24
Table 4: Belgium automotive manufacturing industry category segmentation: $ billion, 2019-24
Table 5: Belgium automotive manufacturing industry geography segmentation: $ billion, 2024
Table 6: Belgium automotive manufacturing industry value forecast: $ billion, 2024-29
Table 7: Belgium automotive manufacturing industry volume forecast: million units, 2024-29
Table 8: Bayerische Motoren Werke AG: Key Facts
Table 9: Bayerische Motoren Werke AG: Annual Financial Ratios
Table 10: Bayerische Motoren Werke AG: Key Employees
Table 11: Bayerische Motoren Werke AG: 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: Stellantis NV: Key Facts
Table 17: Stellantis NV: Annual Financial Ratios
Table 18: Stellantis NV: Key Employees
Table 19: Stellantis NV: Key Employees Continued
Table 20: Belgium Size of Population (Million), 2020-24
Table 21: Belgium Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 22: Belgium GDP (Current Prices, $ Billion), 2020-24
Table 23: Belgium Inflation, 2020-24
Table 24: Belgium Consumer Price Index (Absolute), 2020-24
Table 25: Belgium Exchange Rate, 2019-24
List of Figures
Figure 1: Belgium automotive manufacturing industry value: $ billion, 2019-24
Figure 2: Belgium automotive manufacturing industry volume: million units, 2019-24
Figure 3: Belgium automotive manufacturing industry category segmentation: $ billion, 2019-24
Figure 4: Belgium automotive manufacturing industry geography segmentation: % share, by value, 2024
Figure 5: Belgium automotive manufacturing industry value forecast: $ billion, 2024-29
Figure 6: Belgium automotive manufacturing industry volume forecast: million units, 2024-29
Figure 7: Forces driving competition in the automotive manufacturing industry in Belgium, 2024
Figure 8: Drivers of buyer power in the automotive manufacturing industry in Belgium, 2024
Figure 9: Drivers of supplier power in the automotive manufacturing industry in Belgium, 2024
Figure 10: Factors influencing the likelihood of new entrants in the automotive manufacturing industry in Belgium, 2024
Figure 11: Factors influencing the threat of substitutes in the automotive manufacturing industry in Belgium, 2024
Figure 12: Drivers of degree of rivalry in the automotive manufacturing industry in Belgium, 2024
