| Product Code: ETC6350959 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of connected street lighting in Belgium show a diverse sourcing landscape in 2024, with top exporters including Malaysia, Germany, China, Netherlands, and Metropolitan France. The low concentration level indicated by the Herfindahl-Hirschman Index (HHI) suggests a competitive market environment. The impressive Compound Annual Growth Rate (CAGR) of 11.6% from 2020 to 2024 reflects the increasing demand for smart lighting solutions. Although the growth rate slightly decreased to 0.66% in 2024 compared to the previous year, the overall trend remains positive, indicating a steady expansion in the market.

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 Connected (Smart) Street Lighting Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Connected (Smart) Street Lighting Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Connected (Smart) Street Lighting Market - Industry Life Cycle |
3.4 Belgium Connected (Smart) Street Lighting Market - Porter's Five Forces |
3.5 Belgium Connected (Smart) Street Lighting Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Belgium Connected (Smart) Street Lighting Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.7 Belgium Connected (Smart) Street Lighting Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.8 Belgium Connected (Smart) Street Lighting Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Belgium Connected (Smart) Street Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on energy efficiency and sustainability in Belgium |
4.2.2 Government initiatives promoting smart city projects |
4.2.3 Technological advancements in IoT and connected lighting solutions |
4.3 Market Restraints |
4.3.1 High upfront costs of implementing connected street lighting systems |
4.3.2 Concerns regarding data privacy and security issues |
4.3.3 Lack of skilled professionals to install and maintain smart lighting systems |
5 Belgium Connected (Smart) Street Lighting Market Trends |
6 Belgium Connected (Smart) Street Lighting Market, By Types |
6.1 Belgium Connected (Smart) Street Lighting Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Belgium Connected (Smart) Street Lighting Market Revenues & Volume, By Component, 2021- 2031F |
6.1.3 Belgium Connected (Smart) Street Lighting Market Revenues & Volume, By Hardware, 2021- 2031F |
6.1.4 Belgium Connected (Smart) Street Lighting Market Revenues & Volume, By Software, 2021- 2031F |
6.1.5 Belgium Connected (Smart) Street Lighting Market Revenues & Volume, By Services, 2021- 2031F |
6.2 Belgium Connected (Smart) Street Lighting Market, By Connectivity |
6.2.1 Overview and Analysis |
6.2.2 Belgium Connected (Smart) Street Lighting Market Revenues & Volume, By Wired, 2021- 2031F |
6.2.3 Belgium Connected (Smart) Street Lighting Market Revenues & Volume, By Wireless, 2021- 2031F |
6.3 Belgium Connected (Smart) Street Lighting Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Belgium Connected (Smart) Street Lighting Market Revenues & Volume, By Direct, 2021- 2031F |
6.3.3 Belgium Connected (Smart) Street Lighting Market Revenues & Volume, By Indirect, 2021- 2031F |
6.4 Belgium Connected (Smart) Street Lighting Market, By End-use Industry |
6.4.1 Overview and Analysis |
6.4.2 Belgium Connected (Smart) Street Lighting Market Revenues & Volume, By Government, 2021- 2031F |
6.4.3 Belgium Connected (Smart) Street Lighting Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4.4 Belgium Connected (Smart) Street Lighting Market Revenues & Volume, By Industrial, 2021- 2031F |
6.4.5 Belgium Connected (Smart) Street Lighting Market Revenues & Volume, By Residential, 2021- 2031F |
7 Belgium Connected (Smart) Street Lighting Market Import-Export Trade Statistics |
7.1 Belgium Connected (Smart) Street Lighting Market Export to Major Countries |
7.2 Belgium Connected (Smart) Street Lighting Market Imports from Major Countries |
8 Belgium Connected (Smart) Street Lighting Market Key Performance Indicators |
8.1 Energy savings achieved through connected street lighting systems |
8.2 Reduction in maintenance costs compared to traditional lighting systems |
8.3 Percentage increase in the number of smart city projects incorporating connected street lighting |
8.4 Adoption rate of IoT technologies in the lighting industry |
8.5 Number of partnerships between lighting companies and technology providers for smart lighting solutions |
9 Belgium Connected (Smart) Street Lighting Market - Opportunity Assessment |
9.1 Belgium Connected (Smart) Street Lighting Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Belgium Connected (Smart) Street Lighting Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
9.3 Belgium Connected (Smart) Street Lighting Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.4 Belgium Connected (Smart) Street Lighting Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Belgium Connected (Smart) Street Lighting Market - Competitive Landscape |
10.1 Belgium Connected (Smart) Street Lighting Market Revenue Share, By Companies, 2024 |
10.2 Belgium Connected (Smart) Street Lighting 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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