Industry Statistics and Rankings
How does this industry perform in Bulgaria compared to Europe?
Country Benchmarking
Industry Data Bulgaria
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#23 In EuropeBusiness
#23 In EuropeEmployees
#17 In EuropeWages
#21 In EuropeDemand for consumer electronics in Europe is largely met by imports from Asia, particularly China, due to the enormous production capacities and efficient supply chains. European production has to contend with higher labour costs, which makes it less competitive than Asian production. Japan and South Korea are leaders in this industry and focus on innovative R&D to produce high-quality, state-of-the-art consumer electronics. Over the five years through 2024, revenue is expected to rise at an annual rate of 0.1% to €24.0 billion. Profit has also risen despite intense competition from manufacturers in Asia.
Enterprises
Number of businesses in 2024
Biggest companies in the Consumer Electronics Manufacturing in Bulgaria
Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
The Samsung Group | 218,000.0 | 13,500.0 | 6.2 | |
LG Electronics Inc | 64,270.0 | 2,640.0 | 4.1 | |
Koc Holding AS | 49,400.0 | 4,500.0 | 9.1 |
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Top Questions Answered in this Report
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What is the market size of the Consumer Electronics Manufacturing industry in Bulgaria in 2024?
The market size of the Consumer Electronics Manufacturing industry in Bulgaria is €14.1m in 2024.
How many businesses are there in the Consumer Electronics Manufacturing in Bulgaria industry in 2024?
There are 20 businesses in the Consumer Electronics Manufacturing industry in Bulgaria, which has declined at a CAGR of 0.0 % between 2019 and 2024.
Has the Consumer Electronics Manufacturing industry in Bulgaria grown or declined over the past 5 years?
The market size of the Consumer Electronics Manufacturing industry in Bulgaria has been declining at a CAGR of 13.2 % between 2019 and 2024.
What is the forecast growth of the Consumer Electronics Manufacturing industry in Bulgaria over the next 5 years?
Over the next five years, the Consumer Electronics Manufacturing industry in Bulgaria is expected to grow.
What are the biggest companies in the Consumer Electronics Manufacturing market in Bulgaria?
The biggest companies operating in the Consumer Electronics Manufacturing market in Bulgaria are The Samsung Group, LG Electronics Inc and Koc Holding AS
What does the Consumer Electronics Manufacturing in Bulgaria include?
Sound systems and Sound systems are part of the Consumer Electronics Manufacturing industry.
Which companies have the highest market share in the Consumer Electronics Manufacturing in Bulgaria?
The company holding the most market share in Bulgaria is The Samsung Group.
How competitive is the Consumer Electronics Manufacturing industry in Bulgaria?
The level of competition is moderate and steady in the Consumer Electronics Manufacturing industry in Bulgaria.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Computer & Peripheral Equipment Manufacturing in Bulgaria
- Communication Equipment Manufacturing in Bulgaria
- Optical & Photographic Equipment Manufacturing in Bulgaria
Complementors
- Electronic Component & Board Manufacturing in Bulgaria
- Other Electrical Equipment Manufacturing in Bulgaria
Table of Contents
About this industry
Industry definition
Companies in the industry manufacture electronic audio and video equipment. The industry's products are used for home entertainment, motor vehicles, sound systems and the amplification of musical instruments.
Related Terms
QLED (Quantum-Dot Light Emitting Diode)OLEDArtificial Intelligence (AI)Augmented Reality (AR) Virtual Reality (VR) AMPLIFICATIONWhat's included in this industry?
Sound systemsSound systemsMicrophones, headphones and earbudsVideo game consolesCompanies
The Samsung GroupLG Electronics IncKoc Holding ASIndustry Code
264 - Manufacture of consumer electronics in Bulgaria
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Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Consumer Electronics Manufacturing in Bulgaria industry?
Outlook
Analysis
What's driving the Consumer Electronics Manufacturing in Bulgaria industry outlook?
Volatility
Analysis
What influences volatility in the Consumer Electronics Manufacturing in Bulgaria industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Consumer Electronics Manufacturing in Bulgaria industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Sound system manufacturers are focusing on providing a better user experience. Trends such as wireless connectivity and Dolby Atmos are revolutionising the sound experience through immersion and ease of use.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Consumer Electronics Manufacturing in Bulgaria industry's products and services performing?
Analysis
What are innovations in the Consumer Electronics Manufacturing in Bulgaria industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Consumer Electronics Manufacturing in Bulgaria industry?
International Trade
Highlights
- Total Imports into Bulgaria
- Total Exports into Bulgaria
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Asian manufacturers of consumer electronics dominate the market. Samsung and LG operate mass production facilities in Europe and have significant market shares.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2024)
Data Tables
- Number of Establishments by Region (2024)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Consumer Electronics Manufacturing in Bulgaria located?
Companies
Data Tables
Top 10 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
European manufacturers must comply with safety and waste regulations. Electronics manufacturers must comply with CE labelling, the RoHS Directive (restriction of hazardous substances), the WEEE Directive (waste management), the REACH Regulation (chemical safety) and other health, safety and environmental standards.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Consumer Electronics Manufacturing in Bulgaria industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Cheap imports impact profits in the European electronics industry. European electronics manufacturers are exposed to price pressure due to cheaper imports, which reduces their profits. In order to defend their market share and profits, they have to be highly innovative.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Consumer Electronics Manufacturing in Bulgaria industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
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