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Automotive Diagnostic Scan Tools Market Status (2016-2020) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2021-2027

Format: PDF | Pages: 287 | Report ID: MRS1107


Report Description

The global Automotive Diagnostic Scan Tools market size is estimated at USD 32,104.8 Million in 2020, expanding at a CAGR 5.2% from 2021-2027 to reach 42,005.5 Million USD in 2027.

Market Dynamics

The rising manufacturing and use of automobiles are one of the primary reasons fueling the development of the worldwide automobile diagnostics scan tools industry. Furthermore, the expanding use of diagnostic scanning tools, along with customer desire for advanced vehicle diagnostics technologies, is fueling the need for the industry. Furthermore, the hybridization of cars, as well as an increase in the number of maintenance stations, are predicted to drive the development of the worldwide automobile diagnostics scan tools industry. The difficulties inherent in the operation of these diagnostic scan equipment, as well as their price, are factors impeding the industry's expansion.

The vehicle shielded industry is being pushed by a number of factors, including a rise in the performance and requirement for fuel-efficient automobiles, an improvement in vehicle production internationally, and the implementation of severe ecological rules and legislation in many countries. These variables have enhanced industry efficiency in past years, and they are likely to add to the industry's strong performance during the projection period.

Segment Insights

The Automotive Diagnostic Scan Tools industry has been divided into five regions: Europe, North America, Asia Pacific, South America, and Middle East & Africa. Throughout the projection timeframe, Asia Pacific is predicted to have the greatest industry size. The adoption of innovations, the building of more production units, and the development of value-added distribution networks among companies and resource suppliers have transformed the Asia Pacific into an industry with great expansion possibilities.

The Automotive Diagnostic Scan Tools industry is divided into three sections: Vehicle type, Product types, and Equipment Type. By product type, the diagnostic equipment/hardware sector retained the greatest industry position in 2020, owing mostly to the mandated installation of diagnostics hardware including OBD-II connections on all cars in Europe as well as the United States. It is generally installed in all passenger vehicles in developing nations.

Competitive Insights

The Automotive Diagnostic Scan Tools industry is extremely fragmented, with both domestic and foreign competitors present. To maintain competitiveness, key firms in the business participate in planned mergers and acquisitions, partnerships, and innovative product releases. For instance, Continental AG will debut the Autodiagnos Drives in August 2021, a revolutionary remote automotive intelligence platform designed to give sophisticated diagnostic knowledge to servicing operators, fleet operators, as well as service centers to help them enhance their data-driven solutions.

The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses market size and forecast of Automotive Diagnostic Scan Tools by vehicle type, region, equipment type, and product type. In addition, this report introduces the market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products etc.):

  • ACTIA Group
  • AVL DiTEST GmbH
  • BMW AG
  • CarMD.com Corp.
  • Continental AG
  • Crawford United Corporation
  • Delphi Technologies Plc
  • DENSO Corp.
  • DG Technologies
  • Fluke Corporation
  • GTC and V Ready
  • Honda Motor Co., Ltd
  • Robert Bosch GmbH
  • Siemens AG
  • Snap-on Inc.
  • Softing AG
  • Volkswagen AG

Vehicle type Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Passenger Cars
  • Commercial Vehicles

Product type Coverage (Market Size & Forecast, Main Consumer Analysis etc.):

  • Diagnostic Software
  • Diagnostic Equipment/hardware

Equipment Type Coverage (Market Size & Forecast, Main Consumer Analysis etc.):

  • Dynamometer
  • Headlight Tester
  • Fuel Injection Diagnostic
  • Exhaust gas analyzer
  • Wheel alignment equipment
  • Paint scan equipment
  • Pressure Leak Detection
  • Engine Analyzer

Region Coverage (Regional Consumption, Demand & Forecast by Countries etc.):

  • North America (U.S., and Canada)
  • Europe (Germany, U.K., France, Italy, Spain etc.)
  • Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
  • South America (Brazil, Mexico, Argentina etc.)
  • Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa etc.)

Frequently Asked Questions

The global Automotive Diagnostic Scan Tools market size is estimated at USD 32,104.8 Million in 2020, expanding at a CAGR 5.2% from 2021-2027 to reach 42,005.5 Million USD in 2027.
North America captured the highest revenue in 2021 and is projected to continue its dominance during the study period.
The global Automotive Diagnostic Scan Tools market size is expanding at a CAGR 5.2% from 2021-2027 to reach 42,005.5 Million USD in 2027.
Asia Pacific (especially China, and India) region is projected to grow at the fastest growth rate during the study period.
The Automotive Diagnostic Scan Tools industry is extremely fragmented, with both domestic and foreign competitors present. To maintain competitiveness, key firms in the business participate in planned mergers and acquisitions, partnerships, and innovative product releases. For instance, Continental AG will debut the Autodiagnos Drives in August 2021, a revolutionary remote automotive intelligence platform designed to give sophisticated diagnostic knowledge to servicing operators, fleet operators, as well as service centers to help them enhance their data-driven solutions.

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