Bulgaria Electric Power Steering Market (2025-2031) | Share, Size, Companies, Analysis, Trends, Segmentation, Value, Outlook, Growth, Industry, Forecast & Revenue

Name: Bulgaria Electric Power Steering Market (2025-2031) | Value & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By Type (CEPS, PEPS, REPS), By Mechanism (Collapsible, Rigid), By Off-Highway (Construction, Agricultural), By Components (Steering column, Sensors, Steering gear, Mechanical rack and pinion, Electronic control unit, Electric motor, Bearing), By Electric Motor‚ (Brush motor, Brushless motor), By Application (Passenger Cars (PC), Commercial Vehicles (CV)) And Competitive Landscape

Product Code: ETC5894419	Publication Date: Nov 2023	Updated Date: Oct 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 60	No. of Figures: 30	No. of Tables: 5

Bulgaria Electric Power Steering Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Bulgaria continued to see a significant influx of electric power steering imports, with top exporting countries being Germany, Turkey, Mexico, China, and Metropolitan France. Despite a high Herfindahl-Hirschman Index (HHI) indicating Market Top 5 Importing Countries and Market Competition (HHI) Analysis concentration, the compound annual growth rate (CAGR) from 2020 to 2024 remained robust at 14.54%. However, there was a notable decline in growth rate from 2023 to 2024 at -17.62%, which may warrant further analysis of Market Top 5 Importing Countries and Market Competition (HHI) Analysis dynamics and potential factors influencing this downturn.

Bulgaria Electric Power Steering Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Bulgaria Electric Power Steering Market Outlook
Market Size of Bulgaria Electric Power Steering Market, 2024
Forecast of Bulgaria Electric Power Steering Market, 2031
Historical Data and Forecast of Bulgaria Electric Power Steering Revenues & Volume for the Period 2021-2031
Bulgaria Electric Power Steering Market Trend Evolution
Bulgaria Electric Power Steering Market Drivers and Challenges
Bulgaria Electric Power Steering Price Trends
Bulgaria Electric Power Steering Porter`s Five Forces
Bulgaria Electric Power Steering Industry Life Cycle
Historical Data and Forecast of Bulgaria Electric Power Steering Market Revenues & Volume By Type for the Period 2021-2031
Historical Data and Forecast of Bulgaria Electric Power Steering Market Revenues & Volume By CEPS for the Period 2021-2031
Historical Data and Forecast of Bulgaria Electric Power Steering Market Revenues & Volume By PEPS for the Period 2021-2031
Historical Data and Forecast of Bulgaria Electric Power Steering Market Revenues & Volume By REPS for the Period 2021-2031
Historical Data and Forecast of Bulgaria Electric Power Steering Market Revenues & Volume By Mechanism for the Period 2021-2031
Historical Data and Forecast of Bulgaria Electric Power Steering Market Revenues & Volume By Collapsible for the Period 2021-2031
Historical Data and Forecast of Bulgaria Electric Power Steering Market Revenues & Volume By Rigid for the Period 2021-2031
Historical Data and Forecast of Bulgaria Electric Power Steering Market Revenues & Volume By Off-Highway for the Period 2021-2031
Historical Data and Forecast of Bulgaria Electric Power Steering Market Revenues & Volume By Construction for the Period 2021-2031
Historical Data and Forecast of Bulgaria Electric Power Steering Market Revenues & Volume By Agricultural for the Period 2021-2031
Historical Data and Forecast of Bulgaria Electric Power Steering Market Revenues & Volume By Components for the Period 2021-2031
Historical Data and Forecast of Bulgaria Electric Power Steering Market Revenues & Volume By Steering column for the Period 2021-2031
Historical Data and Forecast of Bulgaria Electric Power Steering Market Revenues & Volume By Sensors for the Period 2021-2031
Historical Data and Forecast of Bulgaria Electric Power Steering Market Revenues & Volume By Steering gear for the Period 2021-2031
Historical Data and Forecast of Bulgaria Electric Power Steering Market Revenues & Volume By Mechanical rack and pinion for the Period 2021-2031
Historical Data and Forecast of Bulgaria Electric Power Steering Market Revenues & Volume By Electronic control unit for the Period 2021-2031
Historical Data and Forecast of Bulgaria Electric Power Steering Market Revenues & Volume By Electric motor for the Period 2021-2031
Historical Data and Forecast of Bulgaria Electric Power Steering Market Revenues & Volume By Bearing for the Period 2021-2031
Historical Data and Forecast of Bulgaria Electric Power Steering Market Revenues & Volume By Electric Motor? for the Period 2021-2031
Historical Data and Forecast of Bulgaria Electric Power Steering Market Revenues & Volume By Brush motor for the Period 2021-2031
Historical Data and Forecast of Bulgaria Electric Power Steering Market Revenues & Volume By Brushless motor for the Period 2021-2031
Historical Data and Forecast of Bulgaria Electric Power Steering Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Bulgaria Electric Power Steering Market Revenues & Volume By Passenger Cars (PC) for the Period 2021-2031
Historical Data and Forecast of Bulgaria Electric Power Steering Market Revenues & Volume By Commercial Vehicles (CV) for the Period 2021-2031
Bulgaria Electric Power Steering Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By Mechanism
Market Opportunity Assessment By Off-Highway
Market Opportunity Assessment By Components
Market Opportunity Assessment By Electric Motor?
Market Opportunity Assessment By Application
Bulgaria Electric Power Steering Top Companies Market Share
Bulgaria Electric Power Steering Competitive Benchmarking By Technical and Operational Parameters
Bulgaria Electric Power Steering Company Profiles
Bulgaria Electric Power Steering Key Strategic Recommendations

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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 Electric Power Steering Market Overview

3.1 Bulgaria Country Macro Economic Indicators

3.2 Bulgaria Electric Power Steering Market Revenues & Volume, 2021 & 2031F

3.3 Bulgaria Electric Power Steering Market - Industry Life Cycle

3.4 Bulgaria Electric Power Steering Market - Porter's Five Forces

3.5 Bulgaria Electric Power Steering Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Bulgaria Electric Power Steering Market Revenues & Volume Share, By Mechanism, 2021 & 2031F

3.7 Bulgaria Electric Power Steering Market Revenues & Volume Share, By Off-Highway, 2021 & 2031F

3.8 Bulgaria Electric Power Steering Market Revenues & Volume Share, By Components, 2021 & 2031F

3.9 Bulgaria Electric Power Steering Market Revenues & Volume Share, By Electric Motor? , 2021 & 2031F

3.10 Bulgaria Electric Power Steering Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Bulgaria Electric Power Steering Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for fuel-efficient vehicles

4.2.2 Growing trend towards electric vehicles

4.2.3 Technological advancements in electric power steering systems

4.3 Market Restraints

4.3.1 High initial cost of electric power steering systems

4.3.2 Lack of infrastructure for electric vehicle charging stations

5 Bulgaria Electric Power Steering Market Trends

6 Bulgaria Electric Power Steering Market Segmentations

6.1 Bulgaria Electric Power Steering Market, By Type

6.1.1 Overview and Analysis

6.1.2 Bulgaria Electric Power Steering Market Revenues & Volume, By CEPS, 2021-2031F

6.1.3 Bulgaria Electric Power Steering Market Revenues & Volume, By PEPS, 2021-2031F

6.1.4 Bulgaria Electric Power Steering Market Revenues & Volume, By REPS, 2021-2031F

6.2 Bulgaria Electric Power Steering Market, By Mechanism

6.2.1 Overview and Analysis

6.2.2 Bulgaria Electric Power Steering Market Revenues & Volume, By Collapsible, 2021-2031F

6.2.3 Bulgaria Electric Power Steering Market Revenues & Volume, By Rigid, 2021-2031F

6.3 Bulgaria Electric Power Steering Market, By Off-Highway

6.3.1 Overview and Analysis

6.3.2 Bulgaria Electric Power Steering Market Revenues & Volume, By Construction, 2021-2031F

6.3.3 Bulgaria Electric Power Steering Market Revenues & Volume, By Agricultural, 2021-2031F

6.4 Bulgaria Electric Power Steering Market, By Components

6.4.1 Overview and Analysis

6.4.2 Bulgaria Electric Power Steering Market Revenues & Volume, By Steering column, 2021-2031F

6.4.3 Bulgaria Electric Power Steering Market Revenues & Volume, By Sensors, 2021-2031F

6.4.4 Bulgaria Electric Power Steering Market Revenues & Volume, By Steering gear, 2021-2031F

6.4.5 Bulgaria Electric Power Steering Market Revenues & Volume, By Mechanical rack and pinion, 2021-2031F

6.4.6 Bulgaria Electric Power Steering Market Revenues & Volume, By Electronic control unit, 2021-2031F

6.4.7 Bulgaria Electric Power Steering Market Revenues & Volume, By Electric motor, 2021-2031F

6.5 Bulgaria Electric Power Steering Market, By Electric Motor?

6.5.1 Overview and Analysis

6.5.2 Bulgaria Electric Power Steering Market Revenues & Volume, By Brush motor, 2021-2031F

6.5.3 Bulgaria Electric Power Steering Market Revenues & Volume, By Brushless motor, 2021-2031F

6.6 Bulgaria Electric Power Steering Market, By Application

6.6.1 Overview and Analysis

6.6.2 Bulgaria Electric Power Steering Market Revenues & Volume, By Passenger Cars (PC), 2021-2031F

6.6.3 Bulgaria Electric Power Steering Market Revenues & Volume, By Commercial Vehicles (CV), 2021-2031F

7 Bulgaria Electric Power Steering Market Import-Export Trade Statistics

7.1 Bulgaria Electric Power Steering Market Export to Major Countries

7.2 Bulgaria Electric Power Steering Market Imports from Major Countries

8 Bulgaria Electric Power Steering Market Key Performance Indicators

8.1 Average price of electric power steering systems

8.2 Adoption rate of electric vehicles in Bulgaria

8.3 Number of new electric vehicle models introduced in the market

8.4 Investment in research and development for electric power steering technology

8.5 Government policies and incentives supporting electric vehicle adoption

9 Bulgaria Electric Power Steering Market - Opportunity Assessment

9.1 Bulgaria Electric Power Steering Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Bulgaria Electric Power Steering Market Opportunity Assessment, By Mechanism, 2021 & 2031F

9.3 Bulgaria Electric Power Steering Market Opportunity Assessment, By Off-Highway, 2021 & 2031F

9.4 Bulgaria Electric Power Steering Market Opportunity Assessment, By Components, 2021 & 2031F

9.5 Bulgaria Electric Power Steering Market Opportunity Assessment, By Electric Motor? , 2021 & 2031F

9.6 Bulgaria Electric Power Steering Market Opportunity Assessment, By Application, 2021 & 2031F

10 Bulgaria Electric Power Steering Market - Competitive Landscape

10.1 Bulgaria Electric Power Steering Market Revenue Share, By Companies, 2024

10.2 Bulgaria Electric Power Steering Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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