| Product Code: ETC6547612 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of elevator motors in Bulgaria saw a notable increase in concentration in 2024, with top exporting countries being Hungary, Japan, China, Taiwan, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a Market Top 5 Importing Countries and Market Competition (HHI) Analysis dominated by a few key players. Despite a positive compound annual growth rate (CAGR) of 4.23% from 2020 to 2024, the negative growth rate of -11.94% from 2023 to 2024 suggests a recent decline in this sector. Monitoring Market Top 5 Importing Countries and Market Competition (HHI) Analysis trends and exploring opportunities for diversification may be key for stakeholders in the elevator motor import industry in Bulgaria.

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 Elevator Motors Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Elevator Motors Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Elevator Motors Market - Industry Life Cycle |
3.4 Bulgaria Elevator Motors Market - Porter's Five Forces |
3.5 Bulgaria Elevator Motors Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.6 Bulgaria Elevator Motors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Bulgaria Elevator Motors Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Bulgaria Elevator Motors Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Bulgaria Elevator Motors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bulgaria Elevator Motors Market Trends |
6 Bulgaria Elevator Motors Market, By Types |
6.1 Bulgaria Elevator Motors Market, By Category |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Elevator Motors Market Revenues & Volume, By Category, 2021- 2031F |
6.1.3 Bulgaria Elevator Motors Market Revenues & Volume, By AC Motors, 2021- 2031F |
6.1.4 Bulgaria Elevator Motors Market Revenues & Volume, By DC Motors, 2021- 2031F |
6.2 Bulgaria Elevator Motors Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Elevator Motors Market Revenues & Volume, By Geared Traction Motors, 2021- 2031F |
6.2.3 Bulgaria Elevator Motors Market Revenues & Volume, By Gearless Traction Motors, 2021- 2031F |
6.3 Bulgaria Elevator Motors Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Elevator Motors Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 Bulgaria Elevator Motors Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4 Bulgaria Elevator Motors Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Bulgaria Elevator Motors Market Revenues & Volume, By Online, 2021- 2031F |
6.4.3 Bulgaria Elevator Motors Market Revenues & Volume, By Offline, 2021- 2031F |
6.4.4 Bulgaria Elevator Motors Market Revenues & Volume, By Direct Sales, 2021- 2031F |
6.4.5 Bulgaria Elevator Motors Market Revenues & Volume, By Indirect Sales, 2021- 2031F |
7 Bulgaria Elevator Motors Market Import-Export Trade Statistics |
7.1 Bulgaria Elevator Motors Market Export to Major Countries |
7.2 Bulgaria Elevator Motors Market Imports from Major Countries |
8 Bulgaria Elevator Motors Market Key Performance Indicators |
9 Bulgaria Elevator Motors Market - Opportunity Assessment |
9.1 Bulgaria Elevator Motors Market Opportunity Assessment, By Category, 2021 & 2031F |
9.2 Bulgaria Elevator Motors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Bulgaria Elevator Motors Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Bulgaria Elevator Motors Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Bulgaria Elevator Motors Market - Competitive Landscape |
10.1 Bulgaria Elevator Motors Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Elevator Motors 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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