BROWSE THROUGH OUR TRADE FAIRS IN BELGIUM FOR AUTOMOBILE - AUTOMOTIVE INDUSTRY INDUSTRY
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Belgium is one of the central segments of the European automotive industry. This is due to the segment serving as a significant revenue contributor to the country’s economy. For instance, the industry has in recent years been valued at 6 300 000 000 EUR. It also produces more than 360 000 units, according to recent reports. Thus, it is a sector that is supported by various factors. These include government support, geographical location and research and development efforts. The geographical location of the country reinforces the segment in varied ways. This includes its proximity to leading countries in the sector. Among them are the states of Germany and France. The government also supports the segment with various means. These include the provision of funding programmes and investment opportunities. Additionally, it presents varied research and development prospects. Among them are studying the latest legislative changes. This enables the automotive industry of Belgium to put in place novel solutions. Examples include adapting to the increasing demand for electric vehicles. Other influential challenges include adapting to advanced safety, connectivity, and convenience demands. Such are often presented during biannual trade expositions. Such events are hosted in cities such as the capital, Brussels. They attract tens of thousands of participants from diverse countries.