| Product Code: ETC6549098 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Bulgaria saw a diverse range of countries exporting GPS ICs, with Malaysia, Philippines, Germany, China, and Taiwan leading the pack. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis concentration decreased from moderate to low, indicating a more competitive landscape. The impressive compound annual growth rate (CAGR) of 14.92% from 2020 to 2024 highlights the expanding Market Top 5 Importing Countries and Market Competition (HHI) Analysis opportunities. However, the negative growth rate of -11.29% from 2023 to 2024 suggests a potential slowdown in the industry. Monitoring Market Top 5 Importing Countries and Market Competition (HHI) Analysis dynamics and adapting strategies accordingly will be crucial for stakeholders in Bulgaria`s GPS IC import Market Top 5 Importing Countries and Market Competition (HHI) Analysis .

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 GPS IC Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria GPS IC Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria GPS IC Market - Industry Life Cycle |
3.4 Bulgaria GPS IC Market - Porter's Five Forces |
3.5 Bulgaria GPS IC Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bulgaria GPS IC Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bulgaria GPS IC Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for GPS-enabled devices and services in Bulgaria |
4.2.2 Growth in the automotive industry driving the adoption of GPS ICs |
4.2.3 Technological advancements leading to the development of more sophisticated GPS ICs |
4.3 Market Restraints |
4.3.1 Economic uncertainty impacting consumer spending on GPS devices |
4.3.2 Competition from alternative technologies like GLONASS and Galileo |
4.3.3 Regulatory challenges related to privacy and data protection affecting GPS IC market growth |
5 Bulgaria GPS IC Market Trends |
6 Bulgaria GPS IC Market, By Types |
6.1 Bulgaria GPS IC Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria GPS IC Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Bulgaria GPS IC Market Revenues & Volume, By SIRF, 2021- 2031F |
6.1.4 Bulgaria GPS IC Market Revenues & Volume, By MTK, 2021- 2031F |
6.1.5 Bulgaria GPS IC Market Revenues & Volume, By MSTAR, 2021- 2031F |
6.1.6 Bulgaria GPS IC Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Bulgaria GPS IC Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria GPS IC Market Revenues & Volume, By Voice-Guided Navigation, 2021- 2031F |
6.2.3 Bulgaria GPS IC Market Revenues & Volume, By Tracking and Tracing, 2021- 2031F |
6.2.4 Bulgaria GPS IC Market Revenues & Volume, By Location-Enabled Search, 2021- 2031F |
6.2.5 Bulgaria GPS IC Market Revenues & Volume, By Others, 2021- 2031F |
7 Bulgaria GPS IC Market Import-Export Trade Statistics |
7.1 Bulgaria GPS IC Market Export to Major Countries |
7.2 Bulgaria GPS IC Market Imports from Major Countries |
8 Bulgaria GPS IC Market Key Performance Indicators |
8.1 Average selling price (ASP) of GPS ICs in Bulgaria |
8.2 Adoption rate of GPS-enabled devices in various industries |
8.3 Number of new product launches and innovations in the GPS IC market |
8.4 Percentage of population using GPS services in Bulgaria |
8.5 Investment in research and development for GPS IC technology |
9 Bulgaria GPS IC Market - Opportunity Assessment |
9.1 Bulgaria GPS IC Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bulgaria GPS IC Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bulgaria GPS IC Market - Competitive Landscape |
10.1 Bulgaria GPS IC Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria GPS IC 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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