| Product Code: ETC5784561 | 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 |
The import shipments of transfer switches in Bulgaria have shown a significant increase in concentration levels, with the top exporting countries being Italy, Germany, Ireland, China, and Austria. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis experienced a high Herfindahl-Hirschman Index (HHI) concentration in 2023, which escalated to very high levels in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 8.17%, indicating a steady rise in demand. Moreover, the remarkable growth rate of 166.14% from 2023 to 2024 highlights the flourishing Market Top 5 Importing Countries and Market Competition (HHI) Analysis for transfer switches 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 Transfer Switch Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Transfer Switch Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Transfer Switch Market - Industry Life Cycle |
3.4 Bulgaria Transfer Switch Market - Porter's Five Forces |
3.5 Bulgaria Transfer Switch Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bulgaria Transfer Switch Market Revenues & Volume Share, By Transition Mode, 2021 & 2031F |
3.7 Bulgaria Transfer Switch Market Revenues & Volume Share, By Ampere Rating, 2021 & 2031F |
3.8 Bulgaria Transfer Switch Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Bulgaria Transfer Switch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for reliable power supply in Bulgaria |
4.2.2 Increasing awareness about the importance of backup power solutions |
4.2.3 Rise in residential and commercial construction activities in the region |
4.3 Market Restraints |
4.3.1 High initial investment cost of transfer switches |
4.3.2 Limited awareness about the benefits of transfer switches among end-users |
4.3.3 Availability of alternative power backup solutions in the market |
5 Bulgaria Transfer Switch Market Trends |
6 Bulgaria Transfer Switch Market Segmentations |
6.1 Bulgaria Transfer Switch Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Transfer Switch Market Revenues & Volume, By Automatic, 2021-2031F |
6.1.3 Bulgaria Transfer Switch Market Revenues & Volume, By Manual, 2021-2031F |
6.2 Bulgaria Transfer Switch Market, By Transition Mode |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Transfer Switch Market Revenues & Volume, By Open, 2021-2031F |
6.2.3 Bulgaria Transfer Switch Market Revenues & Volume, By Closed, 2021-2031F |
6.2.4 Bulgaria Transfer Switch Market Revenues & Volume, By Delayed, 2021-2031F |
6.2.5 Bulgaria Transfer Switch Market Revenues & Volume, By Soft Load, 2021-2031F |
6.3 Bulgaria Transfer Switch Market, By Ampere Rating |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Transfer Switch Market Revenues & Volume, By 0-300A, 2021-2031F |
6.3.3 Bulgaria Transfer Switch Market Revenues & Volume, By 301-1600A, 2021-2031F |
6.3.4 Bulgaria Transfer Switch Market Revenues & Volume, By 1600A-4000A, 2021-2031F |
6.4 Bulgaria Transfer Switch Market, By Applications |
6.4.1 Overview and Analysis |
6.4.2 Bulgaria Transfer Switch Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.3 Bulgaria Transfer Switch Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.4 Bulgaria Transfer Switch Market Revenues & Volume, By Residential, 2021-2031F |
7 Bulgaria Transfer Switch Market Import-Export Trade Statistics |
7.1 Bulgaria Transfer Switch Market Export to Major Countries |
7.2 Bulgaria Transfer Switch Market Imports from Major Countries |
8 Bulgaria Transfer Switch Market Key Performance Indicators |
8.1 Percentage increase in the number of power outages in Bulgaria |
8.2 Adoption rate of transfer switches in residential and commercial buildings |
8.3 Percentage growth in the installation of renewable energy sources in Bulgaria |
8.4 Number of new construction projects in the region incorporating transfer switches |
8.5 Improvement in grid stability and reliability metrics due to increased use of transfer switches |
9 Bulgaria Transfer Switch Market - Opportunity Assessment |
9.1 Bulgaria Transfer Switch Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bulgaria Transfer Switch Market Opportunity Assessment, By Transition Mode, 2021 & 2031F |
9.3 Bulgaria Transfer Switch Market Opportunity Assessment, By Ampere Rating, 2021 & 2031F |
9.4 Bulgaria Transfer Switch Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Bulgaria Transfer Switch Market - Competitive Landscape |
10.1 Bulgaria Transfer Switch Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Transfer Switch 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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