| Product Code: ETC5082997 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Belgium continues to attract hoists import shipments primarily from key exporters such as Germany, Finland, Metropolitan France, Netherlands, and China in 2024. Despite the high Herfindahl-Hirschman Index (HHI) indicating concentration, the sector shows strong growth with a Compound Annual Growth Rate (CAGR) of 11.03% from 2020 to 2024. The growth momentum is evident as the growth rate spiked to 28.79% from 2023 to 2024, showcasing a promising outlook for the hoists market in Belgium.

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 Hoists Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Hoists Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Hoists Market - Industry Life Cycle |
3.4 Belgium Hoists Market - Porter's Five Forces |
3.5 Belgium Hoists Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Belgium Hoists Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Belgium Hoists Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in Belgium leading to higher demand for hoists |
4.2.2 Implementation of stringent regulations regarding worker safety driving the adoption of hoists in construction projects |
4.2.3 Growing focus on infrastructure development projects in Belgium |
4.2.4 Technological advancements in hoists leading to improved efficiency and productivity |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with hoists |
4.3.2 Limited awareness about the benefits of using hoists in certain industries |
4.3.3 Availability of alternative lifting equipment in the market |
4.3.4 Economic uncertainties impacting investment in construction projects |
5 Belgium Hoists Market Trends |
6 Belgium Hoists Market Segmentations |
6.1 Belgium Hoists Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Hoists Market Revenues & Volume, By Manual Hoists, 2021-2031F |
6.1.3 Belgium Hoists Market Revenues & Volume, By Electric Hoists, 2021-2031F |
6.1.4 Belgium Hoists Market Revenues & Volume, By Air Hoists, 2021-2031F |
6.1.5 Belgium Hoists Market Revenues & Volume, By Hydraulic Hoists, 2021-2031F |
6.2 Belgium Hoists Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Belgium Hoists Market Revenues & Volume, By Marinas and Shipyards, 2021-2031F |
6.2.3 Belgium Hoists Market Revenues & Volume, By Construction Sites, 2021-2031F |
6.2.4 Belgium Hoists Market Revenues & Volume, By Factories, 2021-2031F |
7 Belgium Hoists Market Import-Export Trade Statistics |
7.1 Belgium Hoists Market Export to Major Countries |
7.2 Belgium Hoists Market Imports from Major Countries |
8 Belgium Hoists Market Key Performance Indicators |
8.1 Average utilization rate of hoists in construction projects |
8.2 Number of safety incidents reduced due to the use of hoists |
8.3 Percentage increase in the adoption of hoists in infrastructure projects |
8.4 Average maintenance cost per hoist unit |
8.5 Efficiency improvement percentage due to technological advancements in hoists |
9 Belgium Hoists Market - Opportunity Assessment |
9.1 Belgium Hoists Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Belgium Hoists Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Belgium Hoists Market - Competitive Landscape |
10.1 Belgium Hoists Market Revenue Share, By Companies, 2024 |
10.2 Belgium Hoists 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.
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