The forecasted data for the work trucks parts market size value per capita in Belgium shows a declining trend from 2024 to 2028. The value starts at $0.52 in 2024, gradually decreases each year, and reaches $0.47 by 2028. This reflects a negative year-on-year variation over the timeline. For instance, the shift from 2024 to 2025 represents a -1.92% change, and the trend continues with approximately similar declines each subsequent year, averaging a CAGR of approximately -2.48% over the last five years.
Future trends to watch for include the impact of economic conditions on market dynamics, advancements in vehicle technology that may alter parts demand, and potential regulatory changes affecting the automotive sector. Additionally, increasing competition and shifts toward electric and autonomous vehicles could further influence the market size and value.
