| Product Code: ETC5407791 | 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 import shipments of parking meters in 2024 saw a significant concentration of suppliers, with top countries including Latvia, China, Hungary, Denmark, and Finland. Despite a high Herfindahl-Hirschman Index (HHI), indicating Market Top 5 Importing Countries and Market Competition (HHI) Analysis concentration, the industry experienced strong growth with a Compound Annual Growth Rate (CAGR) of 16.63% from 2020 to 2024. However, there was a notable decline in growth from 2023 to 2024, with a negative growth rate of -83.29%, suggesting potential shifts or challenges within the 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 Parking Meter Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Parking Meter Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Parking Meter Market - Industry Life Cycle |
3.4 Bulgaria Parking Meter Market - Porter's Five Forces |
3.5 Bulgaria Parking Meter Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Bulgaria Parking Meter Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Bulgaria Parking Meter Market Revenues & Volume Share, By Parking Mode, 2021 & 2031F |
4 Bulgaria Parking Meter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and population density leading to higher demand for parking spaces |
4.2.2 Government initiatives to improve urban mobility and reduce traffic congestion |
4.2.3 Growing adoption of smart city technologies and IoT solutions in parking management |
4.3 Market Restraints |
4.3.1 Limited availability of space for parking infrastructure in urban areas |
4.3.2 Resistance to technology adoption from traditional parking operators |
4.3.3 Economic downturn impacting investment in parking infrastructure upgrades |
5 Bulgaria Parking Meter Market Trends |
6 Bulgaria Parking Meter Market Segmentations |
6.1 Bulgaria Parking Meter Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Parking Meter Market Revenues & Volume, By Parking Meter (Single Space), 2021-2031F |
6.1.3 Bulgaria Parking Meter Market Revenues & Volume, By Parking Kiosks (Multi Space), 2021-2031F |
6.1.4 Bulgaria Parking Meter Market Revenues & Volume, By Government Institutions, 2021-2031F |
6.2 Bulgaria Parking Meter Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Parking Meter Market Revenues & Volume, By Hospitals, 2021-2031F |
6.2.3 Bulgaria Parking Meter Market Revenues & Volume, By Parks, 2021-2031F |
6.2.4 Bulgaria Parking Meter Market Revenues & Volume, By Transit Systems, 2021-2031F |
6.2.5 Bulgaria Parking Meter Market Revenues & Volume, By Malls & Stadiums, 2021-2031F |
6.2.6 Bulgaria Parking Meter Market Revenues & Volume, By Others, 2021-2031F |
6.3 Bulgaria Parking Meter Market, By Parking Mode |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Parking Meter Market Revenues & Volume, By Pay & Display, 2021-2031F |
6.3.3 Bulgaria Parking Meter Market Revenues & Volume, By Plate, 2021-2031F |
6.3.4 Bulgaria Parking Meter Market Revenues & Volume, By Space, 2021-2031F |
6.3.5 Bulgaria Parking Meter Market Revenues & Volume, By Others, 2021-2031F |
7 Bulgaria Parking Meter Market Import-Export Trade Statistics |
7.1 Bulgaria Parking Meter Market Export to Major Countries |
7.2 Bulgaria Parking Meter Market Imports from Major Countries |
8 Bulgaria Parking Meter Market Key Performance Indicators |
8.1 Average occupancy rate of parking spaces |
8.2 Utilization rate of parking meters |
8.3 Average revenue per parking meter |
8.4 Number of parking violations issued |
8.5 Customer satisfaction ratings for parking services |
9 Bulgaria Parking Meter Market - Opportunity Assessment |
9.1 Bulgaria Parking Meter Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Bulgaria Parking Meter Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Bulgaria Parking Meter Market Opportunity Assessment, By Parking Mode, 2021 & 2031F |
10 Bulgaria Parking Meter Market - Competitive Landscape |
10.1 Bulgaria Parking Meter Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Parking Meter 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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