| Product Code: ETC11482890 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The import shipments of 360 degree electrical switches to Bulgaria in 2024 saw a notable shift in concentration levels, moving from moderate to low concentration according to the Herfindahl-Hirschman Index (HHI). The top exporting countries to Bulgaria for these products in 2024 were Germany, Czechia, China, Turkey, and Austria. Despite a negative growth rate of -41.7% in 2024 compared to the previous year, the compound annual growth rate (CAGR) from 2020 to 2024 remained positive at 4.69%. This data suggests a dynamic Market Top 5 Importing Countries and Market Competition (HHI) Analysis landscape for electrical switches in Bulgaria with changing trends in supplier concentration and growth rates.

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 360 Degree Electrical Switch Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria 360 Degree Electrical Switch Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria 360 Degree Electrical Switch Market - Industry Life Cycle |
3.4 Bulgaria 360 Degree Electrical Switch Market - Porter's Five Forces |
3.5 Bulgaria 360 Degree Electrical Switch Market Revenues & Volume Share, By Switch Type, 2021 & 2031F |
3.6 Bulgaria 360 Degree Electrical Switch Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Bulgaria 360 Degree Electrical Switch Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.8 Bulgaria 360 Degree Electrical Switch Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Bulgaria 360 Degree Electrical Switch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for smart home solutions driving the adoption of advanced electrical switches |
4.2.2 Growing construction and renovation activities in Bulgaria boosting the demand for electrical switches |
4.2.3 Government initiatives promoting energy efficiency and sustainable development leading to the adoption of innovative electrical switches |
4.3 Market Restraints |
4.3.1 High initial investment required for installing 360-degree electrical switches may hinder market growth |
4.3.2 Lack of awareness and understanding among consumers about the benefits of advanced electrical switches |
4.3.3 Presence of traditional and cheaper alternatives affecting the market penetration of 360-degree electrical switches |
5 Bulgaria 360 Degree Electrical Switch Market Trends |
6 Bulgaria 360 Degree Electrical Switch Market, By Types |
6.1 Bulgaria 360 Degree Electrical Switch Market, By Switch Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria 360 Degree Electrical Switch Market Revenues & Volume, By Switch Type, 2021 - 2031F |
6.1.3 Bulgaria 360 Degree Electrical Switch Market Revenues & Volume, By Rotary, 2021 - 2031F |
6.1.4 Bulgaria 360 Degree Electrical Switch Market Revenues & Volume, By Joystick, 2021 - 2031F |
6.1.5 Bulgaria 360 Degree Electrical Switch Market Revenues & Volume, By Slide, 2021 - 2031F |
6.2 Bulgaria 360 Degree Electrical Switch Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria 360 Degree Electrical Switch Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.2.3 Bulgaria 360 Degree Electrical Switch Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.2.4 Bulgaria 360 Degree Electrical Switch Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.3 Bulgaria 360 Degree Electrical Switch Market, By Material Type |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria 360 Degree Electrical Switch Market Revenues & Volume, By Plastic, 2021 - 2031F |
6.3.3 Bulgaria 360 Degree Electrical Switch Market Revenues & Volume, By Metal, 2021 - 2031F |
6.4 Bulgaria 360 Degree Electrical Switch Market, By End-Use |
6.4.1 Overview and Analysis |
6.4.2 Bulgaria 360 Degree Electrical Switch Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.4.3 Bulgaria 360 Degree Electrical Switch Market Revenues & Volume, By Consumer, 2021 - 2031F |
6.4.4 Bulgaria 360 Degree Electrical Switch Market Revenues & Volume, By Aerospace, 2021 - 2031F |
7 Bulgaria 360 Degree Electrical Switch Market Import-Export Trade Statistics |
7.1 Bulgaria 360 Degree Electrical Switch Market Export to Major Countries |
7.2 Bulgaria 360 Degree Electrical Switch Market Imports from Major Countries |
8 Bulgaria 360 Degree Electrical Switch Market Key Performance Indicators |
8.1 Number of new residential and commercial construction projects integrating advanced electrical switches |
8.2 Percentage increase in the adoption of smart home solutions in Bulgaria |
8.3 Energy savings achieved by households and businesses using 360-degree electrical switches |
8.4 Number of partnerships between electrical switch manufacturers and technology companies for product innovation |
8.5 Rate of growth in the market share of 360-degree electrical switches compared to traditional switches |
9 Bulgaria 360 Degree Electrical Switch Market - Opportunity Assessment |
9.1 Bulgaria 360 Degree Electrical Switch Market Opportunity Assessment, By Switch Type, 2021 & 2031F |
9.2 Bulgaria 360 Degree Electrical Switch Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Bulgaria 360 Degree Electrical Switch Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.4 Bulgaria 360 Degree Electrical Switch Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Bulgaria 360 Degree Electrical Switch Market - Competitive Landscape |
10.1 Bulgaria 360 Degree Electrical Switch Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria 360 Degree Electrical Switch 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.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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