Pune, India, January 15, 2018 /MRFR Press Release/- Market Research Future published a half-cooked research report on Global Automotive Diagnostic Scan Tools Market. The Global Automotive Diagnostic Scan Tools Market is expected to witness 5.23% CAGR during the period, 2024 to 2032.
Market Highlights
The increase in the number of service stations and workshops has resulted in surge in demand for diagnostic tools & equipment in the automotive industry. Since majority of the vehicles have an in-built computer and various electronic parts, the importance of diagnostic tools such as scanners, testers and analyzers has gone up. These electronic parts can break down anytime due to manufacturing defects or wear and tear, resulting in the breakdown of the vehicle. Thus, automotive diagnostic tools have become an indispensable part of the global automotive industry.
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Drivers: Automotive Diagnostic Scan Tools Market
Market Research Analysis
In terms of region, the global market for the Automotive Diagnostic Scan Tools is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific is estimated to hold the highest revenue market share in 2017 and is expected to dominate during the forecast period. Presence of China, India, Japan, Thailand, and Indonesia where the sales of automobiles has consistently increased due to increased urbanization and growing purchase powers of consumers, has been the major driver of this market. Growing initiatives to increase awareness regarding vehicle emissions is expected to further augment the Asia-Pacific market. Similarly in Europe, stringent government regulations regarding emission from old vehicles will drive the growth for Automotive Diagnostic Scan Tools Market. Europe is estimated to hold the second highest revenue market share and expected to continue its growth during the forecast period.
Scope of the Report
This study provides an overview of the global automotive diagnostic scan tools market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific, and the Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Automotive Diagnostic Scan Tools market by Equipment Type, Vehicle Type, Product Type, Propulsion Type, and regions.
- By Equipment Type
- Exhaust Gas Analyzer,
- Paint scanner
- Wheel alignment
- Headlight Tester
- By Vehicle Type
- Passenger Vehicles
- Light commercial vehicles
- Heavy commercial Vehicles
- By Product Type
- Diagnostic Hardware
- Diagnostic software
- By Propulsion Type
- ICEs (Internal Combustion)
- EV (Electric vehicles)
- By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Key Players
The prominent players in the global automotive diagnostic scan tools market includes Softing AG (Germany), Delphi Automotive PLC (Ireland), Denso Corporation (Japan), Continenetal AG (Germany), Robert Bosch GmBH (Germany), Actia SA (France), Kpit technologies (India), AVL List GmBH (Austria), Hickok Incorporated (US), SnapOn Incorporated (US).
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Companies Covered | 15 |
Pages | 100 |
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