| Product Code: ETC5129023 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Bulgaria`s marine radar import shipments in 2024 show a diverse mix of top exporting countries, including Israel, Metropolitan France, Germany, China, and Taiwan. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis experienced a shift from low to moderate concentration in 2024, indicating increased competition among suppliers. With a strong compound annual growth rate (CAGR) of 10.65% from 2020 to 2024 and an impressive growth rate of 60.08% from 2023 to 2024, the marine radar Market Top 5 Importing Countries and Market Competition (HHI) Analysis in Bulgaria is showing robust expansion and potential opportunities for both domestic and foreign suppliers.

Bulgaria's Marine Radar market is anticipated to experience a growing growth rate of 5.68% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

The marine radar market in Bulgaria supports the maritime industry, providing critical navigation and safety equipment for vessels. The market is driven by the need for reliable radar systems in commercial, military, and recreational marine applications.
The Bulgaria marine radar market is growing with applications in navigation, collision avoidance, and maritime safety. Marine radars are used to detect and track vessels, obstacles, and weather conditions, enhancing navigation and safety in marine environments. The market growth is driven by advancements in radar technology, increasing maritime traffic, and the focus on improving radar performance and accuracy. The emphasis on innovation and safety in marine radars is contributing to market expansion.
In Bulgaria, the Marine Radar Market is challenged by the need for advanced and reliable radar systems that can provide accurate and real-time data on marine environments. The market is under pressure to develop radar systems that are not only effective and reliable but also easy to integrate with existing marine infrastructure. Additionally, the market must navigate regulatory challenges and the high cost of system development and maintenance.
In Bulgaria, the marine radar market benefits from policies aimed at enhancing maritime safety and navigation. The government supports the adoption of advanced radar technologies to improve vessel tracking and collision avoidance. Policies may include funding for research and incentives for businesses investing in marine radar systems.
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 Bulgaria Marine Radar Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Marine Radar Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Marine Radar Market - Industry Life Cycle |
3.4 Bulgaria Marine Radar Market - Porter's Five Forces |
3.5 Bulgaria Marine Radar Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Bulgaria Marine Radar Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Bulgaria Marine Radar Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Bulgaria Marine Radar Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Bulgaria Marine Radar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing maritime trade activities in Bulgaria |
4.2.2 Growing focus on maritime safety and security regulations |
4.2.3 Technological advancements in marine radar systems |
4.3 Market Restraints |
4.3.1 High initial investment costs for marine radar systems |
4.3.2 Limited awareness and adoption of advanced radar technologies |
4.3.3 Stringent regulatory requirements for marine radar equipment |
5 Bulgaria Marine Radar Market Trends |
6 Bulgaria Marine Radar Market Segmentations |
6.1 Bulgaria Marine Radar Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Marine Radar Market Revenues & Volume, By X-Band, 2021-2031F |
6.1.3 Bulgaria Marine Radar Market Revenues & Volume, By S-Band, 2021-2031F |
6.2 Bulgaria Marine Radar Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Marine Radar Market Revenues & Volume, By Transmitter, 2021-2031F |
6.2.3 Bulgaria Marine Radar Market Revenues & Volume, By Receiver, 2021-2031F |
6.2.4 Bulgaria Marine Radar Market Revenues & Volume, By Antennae, 2021-2031F |
6.2.5 Bulgaria Marine Radar Market Revenues & Volume, By Others, 2021-2031F |
6.3 Bulgaria Marine Radar Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Marine Radar Market Revenues & Volume, By Fishing Vessel, 2021-2031F |
6.3.3 Bulgaria Marine Radar Market Revenues & Volume, By Recreational Boat, 2021-2031F |
6.3.4 Bulgaria Marine Radar Market Revenues & Volume, By Merchant Marine, 2021-2031F |
6.3.5 Bulgaria Marine Radar Market Revenues & Volume, By Others, 2021-2031F |
6.4 Bulgaria Marine Radar Market, By Industry |
6.4.1 Overview and Analysis |
6.4.2 Bulgaria Marine Radar Market Revenues & Volume, By Naval, 2021-2031F |
7 Bulgaria Marine Radar Market Import-Export Trade Statistics |
7.1 Bulgaria Marine Radar Market Export to Major Countries |
7.2 Bulgaria Marine Radar Market Imports from Major Countries |
8 Bulgaria Marine Radar Market Key Performance Indicators |
8.1 Average age of marine radar systems in use |
8.2 Number of incidents related to maritime accidents |
8.3 Adoption rate of AIS (Automatic Identification System) technology in marine vessels |
9 Bulgaria Marine Radar Market - Opportunity Assessment |
9.1 Bulgaria Marine Radar Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Bulgaria Marine Radar Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Bulgaria Marine Radar Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Bulgaria Marine Radar Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Bulgaria Marine Radar Market - Competitive Landscape |
10.1 Bulgaria Marine Radar Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Marine Radar Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |