
New Cars in Belgium
Description
New Cars in Belgium
Summary
New Cars 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
Summary
New Cars 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
- New cars market consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
- The Belgian new cars market recorded revenues of $13.6 billion in 2023, representing a negative compound annual growth rate (CAGR) of 2.5% between 2018 and 2023.
- Market consumption volumes declined with a negative CAGR of 2.6% between 2018 and 2023, to reach a total of 0.46 million units in 2023.
- Belgium captured a 2.9% share of the European new cars market in 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the new cars market in Belgium
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Belgium
- Leading company profiles reveal details of key new cars market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Belgium new cars market with five year forecasts
- What was the size of the Belgium new cars market by value in 2023?
- What will be the size of the Belgium new cars market in 2028?
- What factors are affecting the strength of competition in the Belgium new cars market?
- How has the market performed over the last five years?
- What are the main segments that make up Belgium's new cars market?
Table of Contents
46 Pages
- 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 share
- 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. 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. Market share
- 7.2. Who are the leading players?
- 7.3. What are the strategies of the leading players?
- 7.4. What are the strengths of the leading players?
- 7.5. What are the recent developments?
- 8 Company Profiles
- 8.1. Volkswagen AG
- 8.2. Stellantis NV
- 8.3. Bayerische Motoren Werke AG
- 8.4. Renault-Nissan-Mitsubishi Alliance
- 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 new cars market value: $ billion, 2018-23
- Table 2: Belgium new cars market volume: units, 2018-23
- Table 3: Belgium new cars market geography segmentation: $ billion, 2023
- Table 4: Belgium new cars market value forecast: $ billion, 2023-28
- Table 5: Belgium new cars market volume forecast: units, 2023-28
- Table 6: Belgium new cars market share: % share, by volume, 2023
- Table 7: Volkswagen AG: Key Facts
- Table 8: Volkswagen AG: Annual Financial Ratios
- Table 9: Volkswagen AG: Key Employees
- Table 10: Volkswagen AG: Key Employees Continued
- Table 11: Stellantis NV: Key Facts
- Table 12: Stellantis NV: Annual Financial Ratios
- Table 13: Stellantis NV: Key Employees
- Table 14: Stellantis NV: Key Employees Continued
- Table 15: Bayerische Motoren Werke AG: Key Facts
- Table 16: Bayerische Motoren Werke AG: Annual Financial Ratios
- Table 17: Bayerische Motoren Werke AG: Key Employees
- Table 18: Bayerische Motoren Werke AG: Key Employees Continued
- Table 19: Renault-Nissan-Mitsubishi Alliance: Key Facts
- Table 20: Belgium Size of Population (million), 2019-23
- Table 21: Belgium Real GDP (Constant 2010 Prices, $ Billion), 2019-23
- Table 22: Belgium GDP (Current Prices, $ Billion), 2019-23
- Table 23: Belgium Inflation, 2019-23
- Table 24: Belgium Consumer Price Index (Absolute), 2019-23
- Table 25: Belgium Exchange Rate, 2018-23
- List of Figures
- Figure 1: Belgium new cars market value: $ billion, 2018-23
- Figure 2: Belgium new cars market volume: units, 2018-23
- Figure 3: Belgium new cars market geography segmentation: % share, by value, 2023
- Figure 4: Belgium new cars market value forecast: $ billion, 2023-28
- Figure 5: Belgium new cars market volume forecast: units, 2023-28
- Figure 6: Forces driving competition in the new cars market in Belgium, 2023
- Figure 7: Drivers of buyer power in the new cars market in Belgium, 2023
- Figure 8: Drivers of supplier power in the new cars market in Belgium, 2023
- Figure 9: Factors influencing the likelihood of new entrants in the new cars market in Belgium, 2023
- Figure 10: Factors influencing the threat of substitutes in the new cars market in Belgium, 2023
- Figure 11: Drivers of degree of rivalry in the new cars market in Belgium, 2023
- Figure 12: Belgium new cars market share: % share, by volume, 2023
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