| Product Code: ETC5826315 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Belgium aircraft engine import market saw significant growth in 2024, with top exporting countries being the USA, UK, India, Saudi Arabia, and Singapore. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained very high, indicating a competitive landscape dominated by a few key players. The impressive compound annual growth rate (CAGR) of 53.4% over the period 2020-2024 reflects a robust market expansion. Moreover, the remarkable growth rate of 108.65% from 2023 to 2024 signals a surge in demand for aircraft engines in Belgium, presenting opportunities for both domestic and international suppliers.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Aircraft Engine Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Aircraft Engine Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Aircraft Engine Market - Industry Life Cycle |
3.4 Belgium Aircraft Engine Market - Porter's Five Forces |
3.5 Belgium Aircraft Engine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium Aircraft Engine Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Belgium Aircraft Engine Market Revenues & Volume Share, By Platform, 2021 & 2031F |
4 Belgium Aircraft Engine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in air passenger traffic in Belgium |
4.2.2 Increasing demand for fuel-efficient and technologically advanced aircraft engines |
4.2.3 Rising investments in aerospace research and development in Belgium |
4.3 Market Restraints |
4.3.1 Regulatory challenges and compliance requirements in the aerospace industry |
4.3.2 Volatility in raw material prices impacting manufacturing costs |
5 Belgium Aircraft Engine Market Trends |
6 Belgium Aircraft Engine Market Segmentations |
6.1 Belgium Aircraft Engine Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Aircraft Engine Market Revenues & Volume, By Turboprop, 2021-2031F |
6.1.3 Belgium Aircraft Engine Market Revenues & Volume, By Turbofan, 2021-2031F |
6.1.4 Belgium Aircraft Engine Market Revenues & Volume, By Turboshaft, 2021-2031F |
6.1.5 Belgium Aircraft Engine Market Revenues & Volume, By Piston Engine, 2021-2031F |
6.2 Belgium Aircraft Engine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Belgium Aircraft Engine Market Revenues & Volume, By Military Aviation, 2021-2031F |
6.2.3 Belgium Aircraft Engine Market Revenues & Volume, By Commercial Aviation, 2021-2031F |
6.2.4 Belgium Aircraft Engine Market Revenues & Volume, By General Aviation, 2021-2031F |
6.3 Belgium Aircraft Engine Market, By Platform |
6.3.1 Overview and Analysis |
6.3.2 Belgium Aircraft Engine Market Revenues & Volume, By Fixed Wing, 2021-2031F |
6.3.3 Belgium Aircraft Engine Market Revenues & Volume, By Rotary Wing, 2021-2031F |
7 Belgium Aircraft Engine Market Import-Export Trade Statistics |
7.1 Belgium Aircraft Engine Market Export to Major Countries |
7.2 Belgium Aircraft Engine Market Imports from Major Countries |
8 Belgium Aircraft Engine Market Key Performance Indicators |
8.1 Average age of aircraft engines in Belgium |
8.2 Research and development expenditure in the aerospace sector in Belgium |
8.3 Number of new aircraft engine certifications in Belgium |
9 Belgium Aircraft Engine Market - Opportunity Assessment |
9.1 Belgium Aircraft Engine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium Aircraft Engine Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Belgium Aircraft Engine Market Opportunity Assessment, By Platform, 2021 & 2031F |
10 Belgium Aircraft Engine Market - Competitive Landscape |
10.1 Belgium Aircraft Engine Market Revenue Share, By Companies, 2024 |
10.2 Belgium Aircraft Engine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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