
Global & Belgium Automotive Powertrain Market to 2031
Description
In 2024, electric vehicles accounted for 26% of new car sales in Belgium, with hybrid adoption continuing to rise into 2025. The country’s automotive powertrain market is projected to grow at a compound annual growth rate (CAGR) of 10.95% through 2031, supported by strict EU emissions standards and the ongoing development of charging infrastructure. Sales of petrol and diesel vehicles continued to decline, with diesel dropping to 11% of the market by June 2024. Models like the Tesla Model Y and MG4 saw strong performance. Although high electric vehicle prices and supply chain disruptions remain key challenges, Belgium is steadily transitioning toward a more electrified vehicle market.
Table of Contents
107 Pages
- 1. Introduction
- 1.1 Report Guidance
- 1.2 Market Segmentation
- 2. Executive Summary
- 2.1 Key Insights
- 3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Data Triangulation and Validation:
- 4. Belgium Automotive Powertrain Market Landscape
- 4.1 Overview
- 4.2 Ecosystem Analysis
- 4.2.1 List of Vendors in the Value Chain
- 5. Automotive Powertrain Market Key Market Dynamics
- 5.1 Automotive Powertrain Market – Key Market Dynamics
- 5.2 Market Drivers
- 5.3 Market Restraints
- 5.4 Market Opportunities
- 5.5 Future Trends
- 5.6 Impact of Drivers and Restraints
- 6. Belgium Automotive Powertrain Market – Analysis
- 6.1 Belgium Automotive Powertrain Market Revenue (US$ Million), 2021–2031
- 6.2 Belgium Automotive Powertrain Market Revenue and Forecast Analysis
- 7. Belgium Automotive Powertrain Market Analysis – by Vehicle Type
- 7.1 Belgium Automotive Powertrain Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Vehicle Type
- 8. Belgium Automotive Powertrain Market Analysis – by Drive Type
- 8.1 Belgium Automotive Powertrain Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Drive Type
- 9. Belgium Automotive Powertrain Market Analysis – by Propulsion Type
- 9.1 Belgium Automotive Powertrain Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Propulsion Type
- 10. Belgium Automotive Powertrain Market Analysis – by Ice Propulsion Type
- 10.1 Belgium Automotive Powertrain Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Ice Propulsion Type
- 11. Belgium Automotive Powertrain Market Analysis – by Electric Propulsion Type
- 11.1 Belgium Automotive Powertrain Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Electric Propulsion Type
- 12. Belgium Automotive Powertrain Market Analysis – by Sales Channel
- 12.1 Belgium Automotive Powertrain Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Sales Channel
- 13. Competitive Landscape
- 13.1 Heat Map Analysis by Key Players
- 13.1 Company Positioning and Concentration
- 14. Industry Landscape
- 14.1 Overview
- 14.2 Market Initiative
- 14.2 Partnerships and Collaborations
- 14.2 Other Developments
- 15. Company Profiles
- 15.1 Robert Bosch GmbH
- 15.1. 1 Key Facts
- 15.1. 2 Business Description
- 15.1. 3 Products and Services
- 15.1. 4 Financial Overview
- 15.1. 5 SWOT Analysis
- 15.1. 6 Key Developments
- 15.2 Aisin Corp
- 15.2. 1 Key Facts
- 15.2. 2 Business Description
- 15.2. 3 Products and Services
- 15.2. 4 Financial Overview
- 15.2. 5 SWOT Analysis
- 15.2. 6 Key Developments
- 15.3 BorgWarner Inc
- 15.3. 1 Key Facts
- 15.3. 2 Business Description
- 15.3. 3 Products and Services
- 15.3. 4 Financial Overview
- 15.3. 5 SWOT Analysis
- 15.3. 6 Key Developments
- 15.4 GKN Automotive Ltd
- 15.4. 1 Key Facts
- 15.4. 2 Business Description
- 15.4. 3 Products and Services
- 15.4. 4 Financial Overview
- 15.4. 5 SWOT Analysis
- 15.4. 6 Key Developments
- 15.5 JTEKT Corp
- 15.5. 1 Key Facts
- 15.5. 2 Business Description
- 15.5. 3 Products and Services
- 15.5. 4 Financial Overview
- 15.5. 5 SWOT Analysis
- 15.5. 6 Key Developments
- 15.6 Magna International Inc
- 15.6. 1 Key Facts
- 15.6. 2 Business Description
- 15.6. 3 Products and Services
- 15.6. 4 Financial Overview
- 15.6. 5 SWOT Analysis
- 15.6. 6 Key Developments
- 15.7 Schaeffler AG
- 15.7. 1 Key Facts
- 15.7. 2 Business Description
- 15.7. 3 Products and Services
- 15.7. 4 Financial Overview
- 15.7. 5 SWOT Analysis
- 15.7. 6 Key Developments
- 15.8 Marelli Holdings Co Ltd
- 15.8. 1 Key Facts
- 15.8. 2 Business Description
- 15.8. 3 Products and Services
- 15.8. 4 Financial Overview
- 15.8. 5 SWOT Analysis
- 15.8. 6 Key Developments
- 15.9 ZF Friedrichshafen AG
- 15.9. 1 Key Facts
- 15.9. 2 Business Description
- 15.9. 3 Products and Services
- 15.9. 4 Financial Overview
- 15.9. 5 SWOT Analysis
- 15.9. 6 Key Developments
- 15.10 Valeo SE
- 15.10. 1 Key Facts
- 15.10. 2 Business Description
- 15.10. 3 Products and Services
- 15.10. 4 Financial Overview
- 15.10. 5 SWOT Analysis
- 15.10. 6 Key Developments
- 16. Appendix
- 16.1 About Business Market Insights
- 16.2 List of Abbreviations
- TABLE OF TABLES
- Table 1. Belgium Automotive Powertrain Market Segmentation
- Table 2. List of Vendors
- Table 3. Belgium Automotive Powertrain Market – Revenue, 2021–2024 (US$ Million)
- Table 4. Belgium Automotive Powertrain Market – Revenue Forecast, 2025–2031 (US$ Million)
- Table 5. Belgium Automotive Powertrain Market – Revenue, 2021–2024 (US$ Million) – by Vehicle Type
- Table 6. Belgium Automotive Powertrain Market – Revenue Forecast, 2025–2031 (US$ Million) – by Vehicle Type
- Table 7. Belgium Automotive Powertrain Market – Revenue, 2021–2024 (US$ Million) – by Drive Type
- Table 8. Belgium Automotive Powertrain Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive Type
- Table 9. Belgium Automotive Powertrain Market – Revenue, 2021–2024 (US$ Million) – by Propulsion Type
- Table 10. Belgium Automotive Powertrain Market – Revenue Forecast, 2025–2031 (US$ Million) – by Propulsion Type
- Table 11. Belgium Automotive Powertrain Market – Revenue, 2021–2024 (US$ Million) – by Ice Propulsion Type
- Table 12. Belgium Automotive Powertrain Market – Revenue Forecast, 2025–2031 (US$ Million) – by Ice Propulsion Type
- Table 13. Belgium Automotive Powertrain Market – Revenue, 2021–2024 (US$ Million) – by Electric Propulsion Type
- Table 14. Belgium Automotive Powertrain Market – Revenue Forecast, 2025–2031 (US$ Million) – by Electric Propulsion Type
- Table 15. Belgium Automotive Powertrain Market – Revenue, 2021–2024 (US$ Million) – by Sales Channel
- Table 16. Belgium Automotive Powertrain Market – Revenue Forecast, 2025–2031 (US$ Million) – by Sales Channel
- Table 17. List of Abbreviations
- TABLE OF FIGURES
- Figure 1. Impact Analysis of Drivers and Restraints
- Figure 2. Belgium Automotive Powertrain Market Revenue, (US$ Million), 2021–2031
- Figure 3. Heat Map Analysis by Key Players
- Figure 4. Company Positioning and Concentration
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