| Product Code: ETC5861967 | 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 increasing reliance on target drones has led to a surge in import shipments from key exporting countries such as China, Malaysia, Italy, Poland, and Germany in 2024. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis concentration, as measured by the Herfindahl-Hirschman Index (HHI), has significantly escalated from moderate to very high, indicating a more concentrated Market Top 5 Importing Countries and Market Competition (HHI) Analysis landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stands at an impressive 18.38%, with a notable growth rate of 11.36% from 2023 to 2024, highlighting the robust expansion and demand for target drones 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 Target drones Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Target drones Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Target drones Market - Industry Life Cycle |
3.4 Bulgaria Target drones Market - Porter's Five Forces |
3.5 Bulgaria Target drones Market Revenues & Volume Share, By End-Use Sector, 2021 & 2031F |
3.6 Bulgaria Target drones Market Revenues & Volume Share, By Build, 2021 & 2031F |
3.7 Bulgaria Target drones Market Revenues & Volume Share, By Engine Type, 2021 & 2031F |
3.8 Bulgaria Target drones Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.9 Bulgaria Target drones Market Revenues & Volume Share, By Target Type, 2021 & 2031F |
3.10 Bulgaria Target drones Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.11 Bulgaria Target drones Market Revenues & Volume Share, By Mode Of Operation, 2021 & 2031F |
4 Bulgaria Target drones Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of drones for surveillance and security purposes in Bulgaria. |
4.2.2 Technological advancements leading to the development of more sophisticated target drones. |
4.2.3 Growing demand for target drones in military training exercises and simulation activities. |
4.3 Market Restraints |
4.3.1 Stringent regulations and restrictions on the use of drones in Bulgarian airspace. |
4.3.2 High initial costs associated with acquiring target drones. |
4.3.3 Concerns regarding privacy and data security issues related to drone usage. |
5 Bulgaria Target drones Market Trends |
6 Bulgaria Target drones Market Segmentations |
6.1 Bulgaria Target drones Market, By End-Use Sector |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Target drones Market Revenues & Volume, By Defense, 2021-2031F |
6.1.3 Bulgaria Target drones Market Revenues & Volume, By Commercial, 2021-2031F |
6.2 Bulgaria Target drones Market, By Build |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Target drones Market Revenues & Volume, By New Build, 2021-2031F |
6.2.3 Bulgaria Target drones Market Revenues & Volume, By Converted, 2021-2031F |
6.3 Bulgaria Target drones Market, By Engine Type |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Target drones Market Revenues & Volume, By IC, 2021-2031F |
6.3.3 Bulgaria Target drones Market Revenues & Volume, By Jet, 2021-2031F |
6.3.4 Bulgaria Target drones Market Revenues & Volume, By Others, 2021-2031F |
6.4 Bulgaria Target drones Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Bulgaria Target drones Market Revenues & Volume, By Aerial Targets, 2021-2031F |
6.4.3 Bulgaria Target drones Market Revenues & Volume, By Ground Targets, 2021-2031F |
6.4.4 Bulgaria Target drones Market Revenues & Volume, By Marine Targets, 2021-2031F |
6.5 Bulgaria Target drones Market, By Target Type |
6.5.1 Overview and Analysis |
6.5.2 Bulgaria Target drones Market Revenues & Volume, By Full-Scale, 2021-2031F |
6.5.3 Bulgaria Target drones Market Revenues & Volume, By Sub-Scale, 2021-2031F |
6.5.4 Bulgaria Target drones Market Revenues & Volume, By Free-Flying, 2021-2031F |
6.5.5 Bulgaria Target drones Market Revenues & Volume, By Towing, 2021-2031F |
6.5.6 Bulgaria Target drones Market Revenues & Volume, By Sporting, 2021-2031F |
6.6 Bulgaria Target drones Market, By Application |
6.6.1 Overview and Analysis |
6.6.2 Bulgaria Target drones Market Revenues & Volume, By Combat Training, 2021-2031F |
6.6.3 Bulgaria Target drones Market Revenues & Volume, By Target & Decoy, 2021-2031F |
6.6.4 Bulgaria Target drones Market Revenues & Volume, By Reconnaissance, 2021-2031F |
6.6.5 Bulgaria Target drones Market Revenues & Volume, By Target Identification, 2021-2031F |
6.6.6 Bulgaria Target drones Market Revenues & Volume, By Target Acquisition, 2021-2031F |
6.7 Bulgaria Target drones Market, By Mode Of Operation |
6.7.1 Overview and Analysis |
6.7.2 Bulgaria Target drones Market Revenues & Volume, By Autonomous, 2021-2031F |
6.7.3 Bulgaria Target drones Market Revenues & Volume, By Remotely Piloted, 2021-2031F |
6.7.4 Bulgaria Target drones Market Revenues & Volume, By , 2021-2031F |
6.8 Bulgaria Target drones Market, By Payload Capacity |
6.8.1 Overview and Analysis |
6.8.2 Bulgaria Target drones Market Revenues & Volume, By High (>40 Kg), 2021-2031F |
6.8.3 Bulgaria Target drones Market Revenues & Volume, By Medium (20 Kg to 40 Kg), 2021-2031F |
6.8.4 Bulgaria Target drones Market Revenues & Volume, By , 2021-2031F |
7 Bulgaria Target drones Market Import-Export Trade Statistics |
7.1 Bulgaria Target drones Market Export to Major Countries |
7.2 Bulgaria Target drones Market Imports from Major Countries |
8 Bulgaria Target drones Market Key Performance Indicators |
8.1 Average flight time of target drones before maintenance. |
8.2 Rate of adoption of target drone technology in military training programs. |
8.3 Number of research and development initiatives focused on enhancing target drone capabilities. |
9 Bulgaria Target drones Market - Opportunity Assessment |
9.1 Bulgaria Target drones Market Opportunity Assessment, By End-Use Sector, 2021 & 2031F |
9.2 Bulgaria Target drones Market Opportunity Assessment, By Build, 2021 & 2031F |
9.3 Bulgaria Target drones Market Opportunity Assessment, By Engine Type, 2021 & 2031F |
9.4 Bulgaria Target drones Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.5 Bulgaria Target drones Market Opportunity Assessment, By Target Type, 2021 & 2031F |
9.6 Bulgaria Target drones Market Opportunity Assessment, By Application, 2021 & 2031F |
9.7 Bulgaria Target drones Market Opportunity Assessment, By Mode Of Operation, 2021 & 2031F |
9.7 Bulgaria Target drones Market Opportunity Assessment, By Payload Capacity, 2021 & 2031F |
10 Bulgaria Target drones Market - Competitive Landscape |
10.1 Bulgaria Target drones Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Target drones 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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