Bulgaria Smart Thermostat Market (2025-2031) | Companies, Segmentation, Trends, Outlook, Analysis, Revenue, Share, Forecast, Size, Industry, Growth & Value
Market Forecast By Type (Wireless, Wireless), By End-User Vertical (Residential, Commercial) And Competitive Landscape
| Product Code: ETC4958916 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Bulgaria Smart Thermostat Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Bulgaria continued to rely on imports of smart thermostats, with top exporting countries being China, Italy, Metropolitan France, Germany, and Slovakia. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis remained relatively competitive, as indicated by the low Herfindahl-Hirschman Index (HHI) concentration measure. However, the industry experienced a slight decline with a negative compound annual growth rate (CAGR) of -0.24% from 2020 to 2024. Furthermore, the growth rate from 2023 to 2024 was notably negative at -9.23%, signaling a challenging period for smart thermostat imports in Bulgaria.
Smart Thermostat Market: Bulgaria vs Top 5 Major Economies in 2027 (Europe)
By 2027, Bulgaria's Smart Thermostat market is forecasted to achieve a growing growth rate of 6.64%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.
Key Highlights of the Report:
- Bulgaria Smart Thermostat Market Outlook
- Market Size of Bulgaria Smart Thermostat Market, 2024
- Forecast of Bulgaria Smart Thermostat Market, 2031
- Historical Data and Forecast of Bulgaria Smart Thermostat Revenues & Volume for the Period 2021-2031
- Bulgaria Smart Thermostat Market Trend Evolution
- Bulgaria Smart Thermostat Market Drivers and Challenges
- Bulgaria Smart Thermostat Price Trends
- Bulgaria Smart Thermostat Porter`s Five Forces
- Bulgaria Smart Thermostat Industry Life Cycle
- Historical Data and Forecast of Bulgaria Smart Thermostat Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Bulgaria Smart Thermostat Market Revenues & Volume By Wireless for the Period 2021-2031
- Historical Data and Forecast of Bulgaria Smart Thermostat Market Revenues & Volume By Wireless for the Period 2021-2031
- Historical Data and Forecast of Bulgaria Smart Thermostat Market Revenues & Volume By End-User Vertical for the Period 2021-2031
- Historical Data and Forecast of Bulgaria Smart Thermostat Market Revenues & Volume By Residential for the Period 2021-2031
- Historical Data and Forecast of Bulgaria Smart Thermostat Market Revenues & Volume By Commercial for the Period 2021-2031
- Bulgaria Smart Thermostat Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By End-User Vertical
- Bulgaria Smart Thermostat Top Companies Market Share
- Bulgaria Smart Thermostat Competitive Benchmarking By Technical and Operational Parameters
- Bulgaria Smart Thermostat Company Profiles
- Bulgaria Smart Thermostat Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Bulgaria Smart Thermostat Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Bulgaria Smart Thermostat Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Smart Thermostat Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Smart Thermostat Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Smart Thermostat Market - Industry Life Cycle |
3.4 Bulgaria Smart Thermostat Market - Porter's Five Forces |
3.5 Bulgaria Smart Thermostat Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bulgaria Smart Thermostat Market Revenues & Volume Share, By End-User Vertical, 2021 & 2031F |
4 Bulgaria Smart Thermostat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and adoption of smart home technologies in Bulgaria |
4.2.2 Growing emphasis on energy efficiency and sustainability |
4.2.3 Government initiatives and regulations promoting the use of smart thermostats |
4.3 Market Restraints |
4.3.1 High initial cost of smart thermostats compared to traditional thermostats |
4.3.2 Lack of interoperability and standardization among smart home devices |
4.3.3 Limited consumer knowledge and understanding of smart thermostat benefits |
5 Bulgaria Smart Thermostat Market Trends |
6 Bulgaria Smart Thermostat Market Segmentations |
6.1 Bulgaria Smart Thermostat Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Smart Thermostat Market Revenues & Volume, By Wireless, 2021-2031F |
6.1.3 Bulgaria Smart Thermostat Market Revenues & Volume, By Wireless, 2021-2031F |
6.2 Bulgaria Smart Thermostat Market, By End-User Vertical |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Smart Thermostat Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Bulgaria Smart Thermostat Market Revenues & Volume, By Commercial, 2021-2031F |
7 Bulgaria Smart Thermostat Market Import-Export Trade Statistics |
7.1 Bulgaria Smart Thermostat Market Export to Major Countries |
7.2 Bulgaria Smart Thermostat Market Imports from Major Countries |
8 Bulgaria Smart Thermostat Market Key Performance Indicators |
8.1 Adoption rate of smart home technologies in Bulgaria |
8.2 Energy savings achieved by households using smart thermostats |
8.3 Number of government incentives or subsidies supporting smart thermostat installations |
9 Bulgaria Smart Thermostat Market - Opportunity Assessment |
9.1 Bulgaria Smart Thermostat Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bulgaria Smart Thermostat Market Opportunity Assessment, By End-User Vertical, 2021 & 2031F |
10 Bulgaria Smart Thermostat Market - Competitive Landscape |
10.1 Bulgaria Smart Thermostat Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Smart Thermostat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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