| Product Code: ETC6562036 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite the high concentration of import shipments in Bulgaria`s wind turbine Market Top 5 Importing Countries and Market Competition (HHI) Analysis in 2024, the country continues to rely heavily on imports from top exporting countries such as the Netherlands, UK, China, Turkey, and Areas, nes. The negative CAGR of -41.52% from 2020-24 and a significant decline in growth rate of -79.73% from 2023-24 indicate a challenging Market Top 5 Importing Countries and Market Competition (HHI) Analysis environment. Bulgaria may need to focus on diversifying its import sources and implementing strategies to stimulate growth and competitiveness in the wind turbine sector.

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 Wind Turbine Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Wind Turbine Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Wind Turbine Market - Industry Life Cycle |
3.4 Bulgaria Wind Turbine Market - Porter's Five Forces |
3.5 Bulgaria Wind Turbine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bulgaria Wind Turbine Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.7 Bulgaria Wind Turbine Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 Bulgaria Wind Turbine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bulgaria Wind Turbine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government support and incentives for renewable energy projects in Bulgaria. |
4.2.2 Growing awareness and acceptance of the environmental benefits of wind energy. |
4.2.3 Technological advancements in wind turbine efficiency and performance. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with setting up wind turbine projects. |
4.3.2 Fluctuations in wind patterns affecting the consistency of energy generation. |
4.3.3 Regulatory challenges and bureaucratic hurdles in obtaining permits for wind turbine installations. |
5 Bulgaria Wind Turbine Market Trends |
6 Bulgaria Wind Turbine Market, By Types |
6.1 Bulgaria Wind Turbine Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Wind Turbine Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Bulgaria Wind Turbine Market Revenues & Volume, By Horizontal, 2021- 2031F |
6.1.4 Bulgaria Wind Turbine Market Revenues & Volume, By Vertical, 2021- 2031F |
6.2 Bulgaria Wind Turbine Market, By Installation |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Wind Turbine Market Revenues & Volume, By Onshore, 2021- 2031F |
6.2.3 Bulgaria Wind Turbine Market Revenues & Volume, By Offshore, 2021- 2031F |
6.3 Bulgaria Wind Turbine Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Wind Turbine Market Revenues & Volume, By Rotator Blade, 2021- 2031F |
6.3.3 Bulgaria Wind Turbine Market Revenues & Volume, By Gearbox, 2021- 2031F |
6.3.4 Bulgaria Wind Turbine Market Revenues & Volume, By Generator, 2021- 2031F |
6.3.5 Bulgaria Wind Turbine Market Revenues & Volume, By Nacelle, 2021- 2031F |
6.3.6 Bulgaria Wind Turbine Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Bulgaria Wind Turbine Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Bulgaria Wind Turbine Market Revenues & Volume, By Industrial, 2021- 2031F |
6.4.3 Bulgaria Wind Turbine Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4.4 Bulgaria Wind Turbine Market Revenues & Volume, By Residential, 2021- 2031F |
6.4.5 Bulgaria Wind Turbine Market Revenues & Volume, By Utility, 2021- 2031F |
7 Bulgaria Wind Turbine Market Import-Export Trade Statistics |
7.1 Bulgaria Wind Turbine Market Export to Major Countries |
7.2 Bulgaria Wind Turbine Market Imports from Major Countries |
8 Bulgaria Wind Turbine Market Key Performance Indicators |
8.1 Capacity factor of wind turbines in Bulgaria. |
8.2 Average cost per megawatt-hour of wind energy production. |
8.3 Number of new wind turbine installations in Bulgaria per year. |
9 Bulgaria Wind Turbine Market - Opportunity Assessment |
9.1 Bulgaria Wind Turbine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bulgaria Wind Turbine Market Opportunity Assessment, By Installation, 2021 & 2031F |
9.3 Bulgaria Wind Turbine Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 Bulgaria Wind Turbine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bulgaria Wind Turbine Market - Competitive Landscape |
10.1 Bulgaria Wind Turbine Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Wind Turbine 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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