| Product Code: ETC5605809 | 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`s GPS tracking device import Market Top 5 Importing Countries and Market Competition (HHI) Analysis is experiencing significant growth, with key exporting countries like Israel, Metropolitan France, and Germany leading the way. The shift from low to moderate concentration in 2024 indicates increasing competition and Market Top 5 Importing Countries and Market Competition (HHI) Analysis maturation. The impressive CAGR of 10.65% from 2020 to 2024 highlights the growing demand for GPS tracking devices in Bulgaria. Moreover, the remarkable growth rate of 60.08% from 2023 to 2024 suggests a surge in import activity, reflecting the country`s reliance on advanced tracking technology for various applications.
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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 GPS Tracking Device Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria GPS Tracking Device Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria GPS Tracking Device Market - Industry Life Cycle |
3.4 Bulgaria GPS Tracking Device Market - Porter's Five Forces |
3.5 Bulgaria GPS Tracking Device Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bulgaria GPS Tracking Device Market Revenues & Volume Share, By Deployment Type, 2021 & 2031F |
3.7 Bulgaria GPS Tracking Device Market Revenues & Volume Share, By Industry , 2021 & 2031F |
3.8 Bulgaria GPS Tracking Device Market Revenues & Volume Share, By , 2021 & 2031F |
4 Bulgaria GPS Tracking Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fleet management solutions in Bulgaria |
4.2.2 Government regulations mandating the use of GPS tracking devices for certain vehicles |
4.2.3 Growing awareness about the benefits of GPS tracking devices in terms of security and efficiency |
4.3 Market Restraints |
4.3.1 High initial investment cost for implementing GPS tracking systems |
4.3.2 Concerns over data privacy and security issues related to GPS tracking devices |
4.3.3 Lack of skilled professionals for maintenance and support of GPS tracking systems |
5 Bulgaria GPS Tracking Device Market Trends |
6 Bulgaria GPS Tracking Device Market Segmentations |
6.1 Bulgaria GPS Tracking Device Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria GPS Tracking Device Market Revenues & Volume, By Standalone Trackers, 2021-2031F |
6.1.3 Bulgaria GPS Tracking Device Market Revenues & Volume, By OBD Devices, 2021-2031F |
6.1.4 Bulgaria GPS Tracking Device Market Revenues & Volume, By Advance Trackers, 2021-2031F |
6.2 Bulgaria GPS Tracking Device Market, By Deployment Type |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria GPS Tracking Device Market Revenues & Volume, By Commercial Vehicle, 2021-2031F |
6.2.3 Bulgaria GPS Tracking Device Market Revenues & Volume, By Cargo & Container, 2021-2031F |
6.3 Bulgaria GPS Tracking Device Market, By Industry |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria GPS Tracking Device Market Revenues & Volume, By Transportation & Logistics, 2021-2031F |
6.3.3 Bulgaria GPS Tracking Device Market Revenues & Volume, By Construction, 2021-2031F |
6.3.4 Bulgaria GPS Tracking Device Market Revenues & Volume, By Government, 2021-2031F |
6.3.5 Bulgaria GPS Tracking Device Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.6 Bulgaria GPS Tracking Device Market Revenues & Volume, By Metals & Mining, 2021-2031F |
6.3.7 Bulgaria GPS Tracking Device Market Revenues & Volume, By Others, 2021-2031F |
6.4 Bulgaria GPS Tracking Device Market, By |
6.4.1 Overview and Analysis |
7 Bulgaria GPS Tracking Device Market Import-Export Trade Statistics |
7.1 Bulgaria GPS Tracking Device Market Export to Major Countries |
7.2 Bulgaria GPS Tracking Device Market Imports from Major Countries |
8 Bulgaria GPS Tracking Device Market Key Performance Indicators |
8.1 Average revenue per user (ARPU) for GPS tracking services in Bulgaria |
8.2 Percentage increase in the number of companies adopting GPS tracking solutions annually |
8.3 Rate of technological advancements in GPS tracking devices and software in the Bulgarian market |
9 Bulgaria GPS Tracking Device Market - Opportunity Assessment |
9.1 Bulgaria GPS Tracking Device Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bulgaria GPS Tracking Device Market Opportunity Assessment, By Deployment Type, 2021 & 2031F |
9.3 Bulgaria GPS Tracking Device Market Opportunity Assessment, By Industry , 2021 & 2031F |
9.4 Bulgaria GPS Tracking Device Market Opportunity Assessment, By , 2021 & 2031F |
10 Bulgaria GPS Tracking Device Market - Competitive Landscape |
10.1 Bulgaria GPS Tracking Device Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria GPS Tracking Device 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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