| Product Code: ETC5234625 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Bulgaria`s import shipments of torque spanners saw a notable shift in 2024 with top exporting countries being China, Germany, Taiwan, India, and Czechia. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis experienced a significant increase in concentration, indicating a more competitive landscape. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate over the past four years remains positive at 5.83%. This data suggests that Bulgaria`s demand for torque spanners continues to attract a diverse range of suppliers, with potential opportunities for further Market Top 5 Importing Countries and Market Competition (HHI) Analysis expansion and competition in the coming years.

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 Torque Spanners Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Torque Spanners Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Torque Spanners Market - Industry Life Cycle |
3.4 Bulgaria Torque Spanners Market - Porter's Five Forces |
3.5 Bulgaria Torque Spanners Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bulgaria Torque Spanners Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bulgaria Torque Spanners Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for precision tools in automotive and manufacturing industries |
4.2.2 Growth in construction and infrastructure projects driving the need for torque spanners |
4.2.3 Technological advancements leading to the development of more efficient and accurate torque spanners |
4.3 Market Restraints |
4.3.1 High initial investment in torque spanners for small and medium-sized enterprises |
4.3.2 Availability of substitute tools impacting the demand for torque spanners |
4.3.3 Economic fluctuations affecting the purchasing power of consumers and businesses |
5 Bulgaria Torque Spanners Market Trends |
6 Bulgaria Torque Spanners Market Segmentations |
6.1 Bulgaria Torque Spanners Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Torque Spanners Market Revenues & Volume, By Manual Torque Spanner, 2021-2031F |
6.1.3 Bulgaria Torque Spanners Market Revenues & Volume, By Pneumatic Torque Spanner, 2021-2031F |
6.1.4 Bulgaria Torque Spanners Market Revenues & Volume, By Electronic Torque Spanner, 2021-2031F |
6.2 Bulgaria Torque Spanners Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Torque Spanners Market Revenues & Volume, By Automotive, Engineering & Construction, 2021-2031F |
6.2.3 Bulgaria Torque Spanners Market Revenues & Volume, By Shipping & Aerospace, 2021-2031F |
6.2.4 Bulgaria Torque Spanners Market Revenues & Volume, By Other, 2021-2031F |
7 Bulgaria Torque Spanners Market Import-Export Trade Statistics |
7.1 Bulgaria Torque Spanners Market Export to Major Countries |
7.2 Bulgaria Torque Spanners Market Imports from Major Countries |
8 Bulgaria Torque Spanners Market Key Performance Indicators |
8.1 Percentage of torque spanner usage in key industries (automotive, manufacturing, construction) |
8.2 Rate of adoption of advanced torque spanner technologies |
8.3 Number of new entrants or competitors in the Bulgaria torque spanners market |
9 Bulgaria Torque Spanners Market - Opportunity Assessment |
9.1 Bulgaria Torque Spanners Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bulgaria Torque Spanners Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bulgaria Torque Spanners Market - Competitive Landscape |
10.1 Bulgaria Torque Spanners Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Torque Spanners Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |