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New Cars in Belgium

Publisher MarketLine
Published Sep 04, 2025
Length 47 Pages
SKU # MTLN20645454

Description

New Cars in Belgium

Summary

New Cars 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
  • New cars market includes retail sales/registrations of new passenger cars. The scope of passenger cars covers 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 $12.7 billion in 2024, representing a negative compound annual growth rate (CAGR) of 1.8% between 2019 and 2024.
  • Market consumption volumes declined with a negative CAGR of 3.7% between 2019 and 2024, reaching a total of 434,354.0 units in 2024.
  • In 2024, Belgium accounted for a share of 2.6% of the European new cars market.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, 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 by both value and volume
Reasons to Buy
  • What was the size of the Belgium new cars market by value in 2024?
  • What will be the size of the Belgium new cars market in 2029?
  • What factors are affecting the strength of competition in the Belgium new cars market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Belgium's new cars market?

Table of Contents

47 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 in the market?
8 Company Profiles
8.1. Renault-Nissan-Mitsubishi Alliance
8.2. Volkswagen AG
8.3. Bayerische Motoren Werke AG
8.4. 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 new cars market value: $ billion, 2019-24
Table 2: Belgium new cars market volume: units, 2019-24
Table 3: Belgium new cars market geography segmentation: $ billion, 2024
Table 4: Belgium new cars market value forecast: $ billion, 2024-29
Table 5: Belgium new cars market volume forecast: units, 2024-29
Table 6: Belgium new cars market share: % share, by volume, 2024
Table 7: Renault-Nissan-Mitsubishi Alliance: Key Facts
Table 8: Renault-Nissan-Mitsubishi Alliance: Key Employees
Table 9: Volkswagen AG: Key Facts
Table 10: Volkswagen AG: Annual Financial Ratios
Table 11: Volkswagen AG: Key Employees
Table 12: Volkswagen AG: Key Employees Continued
Table 13: Bayerische Motoren Werke AG: Key Facts
Table 14: Bayerische Motoren Werke AG: Annual Financial Ratios
Table 15: Bayerische Motoren Werke AG: Key Employees
Table 16: Bayerische Motoren Werke AG: Key Employees Continued
Table 17: Stellantis NV: Key Facts
Table 18: Stellantis NV: Annual Financial Ratios
Table 19: Stellantis NV: Key Employees
Table 20: Stellantis NV: Key Employees Continued
Table 21: Belgium Size of Population (Million), 2020-24
Table 22: Belgium Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 23: Belgium GDP (Current Prices, $ Billion), 2020-24
Table 24: Belgium Inflation, 2020-24
Table 25: Belgium Consumer Price Index (Absolute), 2020-24
Table 26: Belgium Exchange Rate, 2019-24
List of Figures
Figure 1: Belgium new cars market value: $ billion, 2019-24
Figure 2: Belgium new cars market volume: units, 2019-24
Figure 3: Belgium new cars market geography segmentation: % share, by value, 2024
Figure 4: Belgium new cars market value forecast: $ billion, 2024-29
Figure 5: Belgium new cars market volume forecast: units, 2024-29
Figure 6: Forces driving competition in the new cars market in Belgium, 2024
Figure 7: Drivers of buyer power in the new cars market in Belgium, 2024
Figure 8: Drivers of supplier power in the new cars market in Belgium, 2024
Figure 9: Factors influencing the likelihood of new entrants in the new cars market in Belgium, 2024
Figure 10: Factors influencing the threat of substitutes in the new cars market in Belgium, 2024
Figure 11: Drivers of degree of rivalry in the new cars market in Belgium, 2024
Figure 12: Belgium new cars market share: % share, by volume, 2024

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