Bulgaria Transformer Market (2025-2031) | Growth, Companies, Industry, Trends, Segmentation, Size, Value, Share, Revenue, Outlook, Analysis & Forecast

Market Forecast By Core (Closed, Shell, Berry), By Product (Power transformer, Distribution transformer, Instrument transformer, Others), By Winding (Two-winding, Auto-transformer), By Installation (Outdoor, Indoor), By Cooling (Dry type, Oil Immersed), By Insulation (Gas, Oil, Solid, Air, Others), By Phase (Single phase, 3 - phase), By Rating ( 10 MVA, 11 MVA to 60 MVA, 61 MVA to 600 MVA, > 600 MVA) And Competitive Landscape
Product Code: ETC4800513 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 Transformer Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Bulgaria`s transformer import Market Top 5 Importing Countries and Market Competition (HHI) Analysis saw a diverse range of suppliers in 2024, with China, Italy, Turkey, Poland, and Germany leading the pack. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis displayed low concentration, indicating a competitive landscape. Despite a notable decline in growth rate from 2023 to 2024, the compound annual growth rate over the past five years has been strong at 13.85%. This suggests a steady demand for transformers in Bulgaria, with opportunities for both domestic and international suppliers to capitalize on the Market Top 5 Importing Countries and Market Competition (HHI) Analysis dynamics.

Bulgaria Transformer Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Transformer Market: Bulgaria vs Top 5 Major Economies in 2027 (Europe)


The Transformer market in Bulgaria is projected to grow at a negative growth rate of -0.00% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

Transformer Market: Bulgaria vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

  • Bulgaria Transformer Market Outlook
  • Market Size of Bulgaria Transformer Market, 2024
  • Forecast of Bulgaria Transformer Market, 2031
  • Historical Data and Forecast of Bulgaria Transformer Revenues & Volume for the Period 2021-2031
  • Bulgaria Transformer Market Trend Evolution
  • Bulgaria Transformer Market Drivers and Challenges
  • Bulgaria Transformer Price Trends
  • Bulgaria Transformer Porter`s Five Forces
  • Bulgaria Transformer Industry Life Cycle
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Core for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Closed for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Shell for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Berry for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Product for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Power transformer for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Distribution transformer for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Instrument transformer for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Winding for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Two-winding for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Auto-transformer for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Installation for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Outdoor for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Indoor for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Cooling for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Dry type for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Oil Immersed for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Insulation for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Gas for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Oil for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Solid for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Air for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Phase for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Single phase for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By 3 - phase for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By Rating for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By 10 MVA for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By 11 MVA to 60 MVA for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By 61 MVA to 600 MVA for the Period 2021-2031
  • Historical Data and Forecast of Bulgaria Transformer Market Revenues & Volume By > 600 MVA for the Period 2021-2031
  • Bulgaria Transformer Import Export Trade Statistics
  • Market Opportunity Assessment By Core
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Winding
  • Market Opportunity Assessment By Installation
  • Market Opportunity Assessment By Cooling
  • Market Opportunity Assessment By Insulation
  • Market Opportunity Assessment By Phase
  • Market Opportunity Assessment By Rating
  • Bulgaria Transformer Top Companies Market Share
  • Bulgaria Transformer Competitive Benchmarking By Technical and Operational Parameters
  • Bulgaria Transformer Company Profiles
  • Bulgaria Transformer Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Bulgaria Transformer 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 Transformer 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 Transformer Market Overview

3.1 Bulgaria Country Macro Economic Indicators

3.2 Bulgaria Transformer Market Revenues & Volume, 2021 & 2031F

3.3 Bulgaria Transformer Market - Industry Life Cycle

3.4 Bulgaria Transformer Market - Porter's Five Forces

3.5 Bulgaria Transformer Market Revenues & Volume Share, By Core, 2021 & 2031F

3.6 Bulgaria Transformer Market Revenues & Volume Share, By Product, 2021 & 2031F

3.7 Bulgaria Transformer Market Revenues & Volume Share, By Winding, 2021 & 2031F

3.8 Bulgaria Transformer Market Revenues & Volume Share, By Installation, 2021 & 2031F

3.9 Bulgaria Transformer Market Revenues & Volume Share, By Cooling, 2021 & 2031F

3.10 Bulgaria Transformer Market Revenues & Volume Share, By Insulation, 2021 & 2031F

3.11 Bulgaria Transformer Market Revenues & Volume Share, By Phase, 2021 & 2031F

4 Bulgaria Transformer Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for electricity in Bulgaria

4.2.2 Government initiatives to improve energy infrastructure

4.2.3 Growth in renewable energy projects in the country

4.3 Market Restraints

4.3.1 Volatility in raw material prices

4.3.2 Competition from alternative energy sources

4.3.3 Regulatory challenges in the energy sector

5 Bulgaria Transformer Market Trends

6 Bulgaria Transformer Market Segmentations

6.1 Bulgaria Transformer Market, By Core

6.1.1 Overview and Analysis

6.1.2 Bulgaria Transformer Market Revenues & Volume, By Closed, 2021-2031F

6.1.3 Bulgaria Transformer Market Revenues & Volume, By Shell, 2021-2031F

6.1.4 Bulgaria Transformer Market Revenues & Volume, By Berry, 2021-2031F

6.2 Bulgaria Transformer Market, By Product

6.2.1 Overview and Analysis

6.2.2 Bulgaria Transformer Market Revenues & Volume, By Power transformer, 2021-2031F

6.2.3 Bulgaria Transformer Market Revenues & Volume, By Distribution transformer, 2021-2031F

6.2.4 Bulgaria Transformer Market Revenues & Volume, By Instrument transformer, 2021-2031F

6.2.5 Bulgaria Transformer Market Revenues & Volume, By Others, 2021-2031F

6.3 Bulgaria Transformer Market, By Winding

6.3.1 Overview and Analysis

6.3.2 Bulgaria Transformer Market Revenues & Volume, By Two-winding, 2021-2031F

6.3.3 Bulgaria Transformer Market Revenues & Volume, By Auto-transformer, 2021-2031F

6.4 Bulgaria Transformer Market, By Installation

6.4.1 Overview and Analysis

6.4.2 Bulgaria Transformer Market Revenues & Volume, By Outdoor, 2021-2031F

6.4.3 Bulgaria Transformer Market Revenues & Volume, By Indoor, 2021-2031F

6.5 Bulgaria Transformer Market, By Cooling

6.5.1 Overview and Analysis

6.5.2 Bulgaria Transformer Market Revenues & Volume, By Dry type, 2021-2031F

6.5.3 Bulgaria Transformer Market Revenues & Volume, By Oil Immersed, 2021-2031F

6.6 Bulgaria Transformer Market, By Insulation

6.6.1 Overview and Analysis

6.6.2 Bulgaria Transformer Market Revenues & Volume, By Gas, 2021-2031F

6.6.3 Bulgaria Transformer Market Revenues & Volume, By Oil, 2021-2031F

6.6.4 Bulgaria Transformer Market Revenues & Volume, By Solid, 2021-2031F

6.6.5 Bulgaria Transformer Market Revenues & Volume, By Air, 2021-2031F

6.6.6 Bulgaria Transformer Market Revenues & Volume, By Others, 2021-2031F

6.7 Bulgaria Transformer Market, By Phase

6.7.1 Overview and Analysis

6.7.2 Bulgaria Transformer Market Revenues & Volume, By Single phase, 2021-2031F

6.7.3 Bulgaria Transformer Market Revenues & Volume, By 3 - phase, 2021-2031F

6.8 Bulgaria Transformer Market, By Rating

6.8.1 Overview and Analysis

6.8.2 Bulgaria Transformer Market Revenues & Volume, By ? 10 MVA, 2021-2031F

6.8.3 Bulgaria Transformer Market Revenues & Volume, By 11 MVA to 60 MVA, 2021-2031F

6.8.4 Bulgaria Transformer Market Revenues & Volume, By > 600 MVA, 2021-2031F

6.8.5 Bulgaria Transformer Market Revenues & Volume, By > 600 MVA, 2021-2031F

7 Bulgaria Transformer Market Import-Export Trade Statistics

7.1 Bulgaria Transformer Market Export to Major Countries

7.2 Bulgaria Transformer Market Imports from Major Countries

8 Bulgaria Transformer Market Key Performance Indicators

8.1 Capacity utilization rate of existing transformers in Bulgaria

8.2 Number of new energy projects initiated in the country

8.3 Investment in grid modernization projects

8.4 Average age of transformers in Bulgaria

8.5 Energy efficiency improvements in the transformer market

9 Bulgaria Transformer Market - Opportunity Assessment

9.1 Bulgaria Transformer Market Opportunity Assessment, By Core, 2021 & 2031F

9.2 Bulgaria Transformer Market Opportunity Assessment, By Product, 2021 & 2031F

9.3 Bulgaria Transformer Market Opportunity Assessment, By Winding, 2021 & 2031F

9.4 Bulgaria Transformer Market Opportunity Assessment, By Installation, 2021 & 2031F

9.5 Bulgaria Transformer Market Opportunity Assessment, By Cooling, 2021 & 2031F

9.6 Bulgaria Transformer Market Opportunity Assessment, By Insulation, 2021 & 2031F

9.7 Bulgaria Transformer Market Opportunity Assessment, By Phase, 2021 & 2031F

9.7 Bulgaria Transformer Market Opportunity Assessment, By Rating, 2021 & 2031F

10 Bulgaria Transformer Market - Competitive Landscape

10.1 Bulgaria Transformer Market Revenue Share, By Companies, 2024

10.2 Bulgaria Transformer Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

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.

To discover high-growth global markets and optimize your business strategy:

Click Here
Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Thought Leadership and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Related Reports

Industry Events and Analyst Meet

Whitepaper

Read All
Chat With 6W AI Intelligence