Product Code: ETC5404998 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The Bulgaria Automotive Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 7.75% in 2025, growth builds up to 8.29% by 2029.
The Automotive market in Bulgaria is projected to grow at a growing growth rate of 7.04% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.
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 Automotive Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Automotive Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Automotive Market - Industry Life Cycle |
3.4 Bulgaria Automotive Market - Porter's Five Forces |
3.5 Bulgaria Automotive Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Bulgaria Automotive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Bulgaria |
4.2.2 Government incentives and subsidies for the automotive industry |
4.2.3 Growing demand for electric vehicles in the market |
4.3 Market Restraints |
4.3.1 High import tariffs and taxes on automotive products |
4.3.2 Fluctuating fuel prices impacting consumer purchasing power |
4.3.3 Limited infrastructure for electric vehicles in Bulgaria |
5 Bulgaria Automotive Market Trends |
6 Bulgaria Automotive Market Segmentations |
6.1 Bulgaria Automotive Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Automotive Market Revenues & Volume, By Electric, 2021-2031F |
6.1.3 Bulgaria Automotive Market Revenues & Volume, By Hybrid Electric, 2021-2031F |
6.1.4 Bulgaria Automotive Market Revenues & Volume, By Plug-In Hybrid Electric, 2021-2031F |
6.1.5 Bulgaria Automotive Market Revenues & Volume, By Mild Hybrid, 2021-2031F |
6.1.6 Bulgaria Automotive Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.1.7 Bulgaria Automotive Market Revenues & Volume, By Fuel Cell Electric, 2021-2031F |
6.1.9 Bulgaria Automotive Market Revenues & Volume, By Petrol, 2021-2031F |
6.1.10 Bulgaria Automotive Market Revenues & Volume, By Petrol, 2021-2031F |
7 Bulgaria Automotive Market Import-Export Trade Statistics |
7.1 Bulgaria Automotive Market Export to Major Countries |
7.2 Bulgaria Automotive Market Imports from Major Countries |
8 Bulgaria Automotive Market Key Performance Indicators |
8.1 Average age of vehicles on the road in Bulgaria |
8.2 Number of charging stations for electric vehicles |
8.3 Consumer interest and adoption rate of new automotive technologies |
8.4 Investment in research and development within the automotive sector in Bulgaria |
9 Bulgaria Automotive Market - Opportunity Assessment |
9.1 Bulgaria Automotive Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Bulgaria Automotive Market - Competitive Landscape |
10.1 Bulgaria Automotive Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Automotive Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |