| Product Code: ETC6555341 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Bulgaria`s parking sensor import shipments in 2024 saw steady growth with a 20.6% CAGR from 2020 to 2024. The top exporting countries to Bulgaria were Turkey, China, Taiwan, Province of China, Poland, and Germany. Despite the strong growth, the Herfindahl-Hirschman Index (HHI) remained at a low concentration level in 2024. The growth rate from 2023 to 2024 was 5.2%, indicating a positive trend in the Market Top 5 Importing Countries and Market Competition (HHI) Analysis for parking sensors 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 Parking Sensor Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Parking Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Parking Sensor Market - Industry Life Cycle |
3.4 Bulgaria Parking Sensor Market - Porter's Five Forces |
3.5 Bulgaria Parking Sensor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bulgaria Parking Sensor Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Bulgaria Parking Sensor Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 Bulgaria Parking Sensor Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.9 Bulgaria Parking Sensor Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bulgaria Parking Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about road safety measures |
4.2.2 Growth in the automotive industry in Bulgaria |
4.2.3 Government regulations promoting the use of parking sensors |
4.2.4 Rising urbanization leading to increased demand for parking solutions |
4.3 Market Restraints |
4.3.1 High initial cost of installing parking sensors |
4.3.2 Limited consumer awareness about the benefits of parking sensors |
4.3.3 Lack of standardized regulations for parking sensor installation |
4.3.4 Limited availability of skilled technicians for installation and maintenance |
5 Bulgaria Parking Sensor Market Trends |
6 Bulgaria Parking Sensor Market, By Types |
6.1 Bulgaria Parking Sensor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Parking Sensor Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Bulgaria Parking Sensor Market Revenues & Volume, By Reverse Parking, 2021- 2031F |
6.1.4 Bulgaria Parking Sensor Market Revenues & Volume, By Front Parking, 2021- 2031F |
6.1.5 Bulgaria Parking Sensor Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Bulgaria Parking Sensor Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Parking Sensor Market Revenues & Volume, By Ultrasonic Sensors, 2021- 2031F |
6.2.3 Bulgaria Parking Sensor Market Revenues & Volume, By Electromagnetic Sensors, 2021- 2031F |
6.2.4 Bulgaria Parking Sensor Market Revenues & Volume, By Infrared Sensors, 2021- 2031F |
6.2.5 Bulgaria Parking Sensor Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Bulgaria Parking Sensor Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Parking Sensor Market Revenues & Volume, By Displays, 2021- 2031F |
6.3.3 Bulgaria Parking Sensor Market Revenues & Volume, By Control Modules, 2021- 2031F |
6.3.4 Bulgaria Parking Sensor Market Revenues & Volume, By Sensors, 2021- 2031F |
6.3.5 Bulgaria Parking Sensor Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Bulgaria Parking Sensor Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Bulgaria Parking Sensor Market Revenues & Volume, By OEM, 2021- 2031F |
6.4.3 Bulgaria Parking Sensor Market Revenues & Volume, By Aftermarket, 2021- 2031F |
6.5 Bulgaria Parking Sensor Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Bulgaria Parking Sensor Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.5.3 Bulgaria Parking Sensor Market Revenues & Volume, By Light Commercial Vehicles, 2021- 2031F |
6.5.4 Bulgaria Parking Sensor Market Revenues & Volume, By Heavy Commercial Vehicles, 2021- 2031F |
7 Bulgaria Parking Sensor Market Import-Export Trade Statistics |
7.1 Bulgaria Parking Sensor Market Export to Major Countries |
7.2 Bulgaria Parking Sensor Market Imports from Major Countries |
8 Bulgaria Parking Sensor Market Key Performance Indicators |
8.1 Average time saved per parking attempt with the use of parking sensors |
8.2 Number of parking accidents reduced after the installation of parking sensors |
8.3 Percentage increase in the adoption rate of parking sensors in Bulgaria |
8.4 Average increase in parking efficiency in urban areas with parking sensors |
8.5 Customer satisfaction ratings related to the performance of parking sensors |
9 Bulgaria Parking Sensor Market - Opportunity Assessment |
9.1 Bulgaria Parking Sensor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bulgaria Parking Sensor Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Bulgaria Parking Sensor Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 Bulgaria Parking Sensor Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.5 Bulgaria Parking Sensor Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bulgaria Parking Sensor Market - Competitive Landscape |
10.1 Bulgaria Parking Sensor Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Parking Sensor 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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