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Taking into consideration the type of equipment, the market has been divided into hydraulic exhaust-gas analyzer, a paint scanner, a wheel alignment, a dynamometer, and a headlight tester. Keeping in mind vehicle type the market has been categorized into heavy duty commercial vehicles light commercial vehicles and passenger cars. Based on the type of product diagnostic hardware and diagnostic software are the two subdivisions of the market. Pertaining to propulsion type, the market divides into ICE’s and EV’s. The automotive diagnostic scan tools market experiences a number of KPIs that shape the path of his growth and evolution. The main one is the ever-growing automobile complexity. As vehicles become equipped with technologies such as electronics, sensors and computer-controlled systems, the insistence for advanced diagnosis equipment becomes urgent.
The role of technology is very important for the changing of the automotive diagnostic scan tools market. Repeated progression cause the creation of advanced, precise and user-friendly offers for diagnosis. The introduction of technological features such as wireless connectivity, cloud-based diagnostics and machine intelligence empowers scanners for mechanics and technicians to diagnose problems more quickly.
The key drivers of change in this market are fashion trends and consumer preferences The consumers tend to have a greater concern for preventive maintenance and also machine monitoring now. Hence, there is a rising need for diagnostic tools that do not only discover existing problems but counselors also give predictions in order to prevent possible problem thereby encouraging preventive vehicle maintenance which is aligned to the proactive vehicle maintenance.
A key factor here is regulatory standards and innovation within emission control systems while it comes to the automotive diagnostic scan tool market. Compliance with emission standards sets the necessity of sophisticated diagnostic tools for flawless monitoring and diagnose of emission failures. In turn, this aids the innovation of specialized scanning equipment.
With the acceptance of the automotive industry around the world, it has been observed that diagnostic scan tools are getting more and more popularity. When new vehicle market sales grow in emerging markets, diagnostic tools manufacturers increase their presence in the region. The increased need for clinically efficient diagnostic solutions wnthin these regions stimulates regional market sales and innovation.
Economic factors of expenditure and return as a result of such move has a significant a significant impact on the adoption of the automotive diagnostic scan tools. And even though this is a major investment initially for automotive repair shops and technicians, the ability to shorten diagnosis time, increase accuracy, and prevent costly repairs reduces the costs in the end bats for the reason of the initial investment's worthiness.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Segment Outlook | Equipment Type, Product Type, and Region |
Automotive Diagnostic Scan Tools Market Highlights:
Automotive Diagnostic Scan Tools Market Overview
The Automotive Diagnostic Scan Tools Market size was valued at USD 28.41 Billion in 2023. The Automotive Diagnostic Scan Tools industry is projected to grow from USD 30.1146 Billion in 2024 to USD 45.28 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.23% during the forecast period (2024 - 2032). Increased awareness regarding vehicle safety, growing urbanization, and the rapidly growing automotive after-sale services industry are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Automotive Diagnostic Scan Tools Market Trends
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Advanced developed technologies are driving the market growth
The advanced developed technologies in automotive diagnostics scan tools in the vehicles with increased demands from the market have supported the expansion of the market to grow at a larger extent during the forecast period. Identifying the errors and faults in engines, fuel systems, batteries, transmission, and other electronic components helps to provide information with the installed software. Improved electrification systems have driven the market CAGR. Identifying the errors in electronic components manually was time-consuming and very expensive.
Garage equipment manufacturers develop a tool to identify the problem in the vehicle by connecting the cable in the plug to the vehicle's diagnostics connector. The combination of software installed in the vehicle and electrification system is used to identify the errors that occurred in the vehicle and analyze the error and easy, fast repair of the component in the electronic system with increased demands from the market to install the diagnostics tools in the and electronic components in the vehicle. Which supports accelerating the growth of the automotive diagnostics scan tools market with increased revenue share?
Additionally, the increased population with increased demands and rapid urbanization with newly developed technologies and advancements with improved electrification systems and developed electronic components and ease of identifying the errors and faults cost-effective have increased the market rate increased number of services and workshop components. Reducing carbon dioxide emission, developed technology such as does it by itself have increased the market rate.
The increased developments in electrifications systems and developed diagnostics scan tools in the automotive sector with increased developments, production, and manufacturing with rising demands from the market for developed systems have accelerated the market growth and increased government support for developing diagnostics tools in the automotive sector and increased investments and developing the Automotive Diagnostic Scan Tools market revenue. The major role players involved are key market players who help to introduce new technologies, and increased research and development have increased the market rate.
Automotive Diagnostic Scan Tools Market Segment Insights
Automotive Diagnostic Scan Tools Equipment Type Insights
Based on equipment type, the Automotive Diagnostic Scan Tools Market segmentation includes wheel alignment testers and vehicle emission test systems. The wheel alignment tester segment dominated the market, with the growing popularity of advanced driver assistance systems (ADAS) and the increasing demand for accurate wheel alignment fuel efficiency to improve vehicle safety.
September 2020: Snap-on Incorporated acquired AutoCrib, Inc., a fastest-growing manufacturer, marketer, and designer of tool and asset control solutions. Snap-on focused on enhancing tools for controlling and solutions for complex and critical industries.
May 2021: Snap-on Incorporated introduced the new John Bean Tru-Point advanced driver assistance system (ADAS) tools at Auto Glass Week in Florida, U.S. It provides shops with the streamline of the ADAS calibration process from start to end.
Automotive Diagnostic Scan Tools Product Type Insights
The Automotive Diagnostic Scan Tools Market segmentation, based on product type, includes diagnostic equipment hardware, diagnostic software. The diagnostic equipment hardware segment will dominate the automotive diagnostic scan tools market. The growth of this segment can be attributed to the increasing vehicle population in both developed and emerging countries and the growing complexity of vehicle electronics. Automotive diagnostic equipment hardware tools are generally physical devices designed to determine the conditions of various automotive hardware components. The increase in the complexity of vehicles has increased the requirement for automotive diagnostic equipment hardware in automobile workshops, leading to the growth of the automotive diagnostics equipment hardware market.
Figure 1: Automotive Diagnostic Scan Tools Market, by Product Type, 2022 & 2032 (USD billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Automotive Diagnostic Scan Tools Regional Insights
By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific Automotive Diagnostic Scan Tools Market will dominate this market due to the developed technologies and increased demands from the market and increased investments from the governments for developing the scanning tools with increased automotive industry with improved manufacturing and production will boost the market growth in this Region. Moreover, China’s Automotive Diagnostic Scan Tools market held the largest market share, and the Indian Automotive Diagnostic Scan Tools market was the fastest-growing market in the Asia-Pacific region.
Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: Global Automotive Diagnostic Scan Tools Share By Region 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe's Automotive Diagnostic Scan Tools market accounts for the second-largest market share due to the increased awareness regarding vehicle safety. Further, the German Automotive Diagnostic Scan Tools market held the largest market share, and the UK Automotive Diagnostic Scan Tools market was the fastest-growing market in the European Region.
North America is expected to grow at the fastest CAGR from 2023 to 2032. This is due to the rapidly-growing automotive after-sale- services industry.
Automotive Diagnostic Scan Tools Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development to expand their product lines, which will help the automotive diagnostic scan tools market grow even more. Market participants are also undertaking various strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The automotive diagnostic scan tools industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the global Automotive Diagnostic Scan Tools industry to benefit clients and increase the market sector. In recent years, the Automotive Diagnostic Scan Tools industry has offered some of the most significant advantages to the automotive industry. Major players in the Automotive Diagnostic Scan Tools market, including Softing AG (Germany), Delphi Automotive PLC (Ireland), Denso Corporation (Japan), Continental AG (Germany), Robert Bosch GmBH (Germany), Actia SA (France), Kpit Technologies (India), AVL List GmBH (Austria), Hickok Incorporated (US), SnapOn Incorporated (US)and others, are attempting to increase market demand by investing in research and development operations.
Delphi Technologies was an independent automotive company from 2017 to 2020 when BorgWarner Inc.Delphi Technologies acquired it and expanded its diagnostic portfolio with an innovative, easy-to-use analytic tool providing workshops with an extensive suite of diagnostic interrogations, real-world data, and more. The previous Vehicle Communication Interface (VCI) tool will still be fully supported within the diagnostic range, offering workshop choice and flexibility in finding a diagnostic solution that meets their needs.
Groupe Renault is a French multinational automobile manufacturer established in 1899. The company produces a range of cars and vans and, in the past, has manufactured trucks, tractors, tanks, buses/coaches, aircraft and aircraft engines, and auto rail vehicles. In partnership with Bosch Automotive Service Solutions, Renault Group launched the next generation of vehicle diagnosis repair tools. The Alliance Diagnosis Tool (ADT) allows a direct connection "over the air" between repair workshops and vehicles before they arrive in the network. Artificial intelligence reduces repair operations' lead time and increases repair quality and productivity for dealers.
Key Companies in the automotive diagnostic scan tools market include
- Softing AG (Germany)
- Delphi Automotive PLC (Ireland)
- Denso Corporation (Japan)
- Continental AG (Germany)
- Robert Bosch GmBH (Germany)
- Actia SA (France)
- Kpit Technologies (India)
- AVL List GmBH (Austria)
- Hickok Incorporated (US)
- SnapOn Incorporated (US)
Automotive diagnostic scan tools Industry Developments
September 2021: Delphi Technologies expanded its diagnostic portfolio with an innovative, easy-to-use analytic tool providing workshops with an extensive suite of diagnostic interrogations, real-world data, and more. The previous Vehicle Communication Interface (VCI) tool will still be fully supported within the diagnostic range, offering workshop choice and flexibility in finding a diagnostic solution that meets their needs.
June 2021: Renault Group, in partnership with Bosch Automotive Service Solutions, launched the next generation of vehicle diagnosis repair tools. The Alliance Diagnosis Tool (ADT) allows a direct connection "over the air" between repair workshops and vehicles before they arrive in the network. Artificial intelligence reduces repair operations' lead time and increases repair quality and productivity for dealers.
February 2021 SGS acquired Autoscope/CTOK, a France-based company operating three vehicle inspection services (VIS) centers. This acquisition aims to consolidate SGS's market-leading position in vehicle inspection services in France and the acquisition of Groupe Moreau and CTA Gallet in 2020.
Automotive Diagnostic Scan Tools Market Segmentation
Automotive diagnostic scan tools Equipment Type Outlook
- Wheel alignment tester
- Vehicle emission test system
- others
Automotive diagnostic scan tools Product Type Outlook
- Diagnostic equipment hardware
- Diagnostic software
Automotive diagnostic scan tools Regional Outlook
North America
- US
- Canada
Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
Rest of the World
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Middle East
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Africa
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Latin America
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