Hybrid and Electric Cars in Belgium - Market Summary, Competitive Analysis and Forecast to 2025
Hybrid and Electric Cars in Belgium - Market Summary, Competitive Analysis and Forecast to 2025Summary
Hybrid & Electric Cars in Belgium industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The hybrid and electric cars market consists of the initial retail sale/registration of new electric and hybrid passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s and other related vehicles.
- The Belgian hybrid & electric cars market had total revenues of $1.1bn in 2020, representing a compound annual growth rate (CAGR) of 15.2% between 2016 and 2020.
- Market consumption volume increased with a CAGR of 12.9% between 2016 and 2020, to reach a total of 30,822.0 units in 2020.
- The Belgian hybrid and electric cars market remained at growth trajectory in 2020, with the volume of sales up by 18.2%.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hybrid & electric cars market in Belgium
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hybrid & electric cars market in Belgium
- Leading company profiles reveal details of key hybrid & electric cars market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Belgium hybrid & electric cars market with five year forecasts
Reasons to Buy
- What was the size of the Belgium hybrid & electric cars market by value in 2020?
- What will be the size of the Belgium hybrid & electric cars market in 2025?
- What factors are affecting the strength of competition in the Belgium hybrid & electric cars market?
- How has the market performed over the last five years?
- What are the main segments that make up Belgium's hybrid & electric cars market?
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