Automotive Diagnostic Tool Market
Automotive Diagnostic Tool Market Size, Share, Forecast By vehicle type (Passenger vehicles, Commercial vehicles), By Propulsion (ICE vehicles, EVs), By Product Type (Scanner, Code readers, TPMS) - Regional Forecast 2019 to 2029
Analysis of Automotive Diagnostic Tool Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Global Automotive Diagnostic Tool Market Overview
Automotive industry has witnessed momentous transformations in the past couple of years. Moreover, the automotive repair and maintenance industry has also seen significant advancements. Automotive diagnostic tool is an essential resource for any automotive repair and maintenance shop.
A proper automotive diagnostic tool market could help in saving a lot of time while diagnosing any complex part of the vehicle. Various automotive diagnostic tool manufacturers are trying different approaches to integrate innovative technologies along with the cost reduction.
The global automotive diagnostic tool market appears to be slightly fragmented and includes a number of players. Owing to the increasing automotive fleet and effective integration of design and work flow, the global automotive diagnostic tool market is foreseen to auger well across the forecast period.
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Global Automotive Diagnostic Tool Market – Market Dynamics
The speed at which new technological advancements and integration are effecting the automotive industry, it has become essential for automotive diagnostic tool manufacturers to expand their research and development activities.
Growth in OBD testing has been seen in the past couple of years. As the OBD allows to have complete control over the engine owing to the fact the automotive diagnostic tool is foreseen to register significant growth across the forecast duration. On the other hand, implementation of modern communication technology that allows effective monitoring and diagnosis of the vehicle is foreseen to auger well in global automotive diagnostic tool market. The primary challenge that could hamper the growth potential of global automotive diagnostic tool market is the high cost.
Cost reduction along with the effective integration of the latest technology could fuel the demand for automotive diagnostic tool market in the near future. Automotive diagnostic tool producers will also be concentrating on gaining brownie points by depicting the utilization of automotive diagnostic tools for different vehicles as a distinctive selling point.
Growing preference for luxury vehicles that offers high performance is gaining popularity, which, in turn, fuels the demand for automotive diagnostic tools market. Growing EVs and PHEV demand is foreseen to reinforce the demand for automotive diagnostic tool in the global market. Thus, a noteworthy outlook in the demand for automotive diagnostic tools is anticipated by market players during the forecast period.
Global Automotive Diagnostic Tool Market – Regional Analysis
The global automotive diagnostic tool market is split into seven geographical regions: North America, Europe, Latin America, South Asia which includes India, Thailand, Indonesia, Malaysia, Philippines, Rest of South Asia, Middle East & Africa, East Asia, which further includes China, Japan and South Korea.
The automotive diagnostic tool market for Oceania incorporates Australia & New Zealand. Collectively, East and South Asia dominates the global automotive diagnostic tool market and is foreseen to maintain its dominance over the forecast period. Automotive diagnostic tool market in Japan is also expected to show significant growth, especially in the EV segment.
Owing to the increasing demand for electric vehicles in North America and Europe, the market for automotive diagnostic tool is projected auger well by the end of the forecast period. Owing to the positive viewpoint of automotive industry in Middle East, GCC region holds a significant share in automotive diagnostic tool market. Collectively, MEA and Latin America appear to be the growing regions that could create a remarkable opportunity for automotive diagnostic tool market by the end of the forecast period.
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Automotive Diagnostic Tool Market – Key Manufacturers
The global automotive diagnostic tool market appears to be fragmented in nature and includes both regional and global level players. Some of the players operating in the global automotive diagnostic tool market are Continental, Delphi, Actia, Hickok, Horiba and KPIT among other key players.
The research report presents a comprehensive assessment of the Automotive Diagnostic Tool market and contains thoughtful insights, facts and historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Automotive Diagnostic Tool market report provides analysis and information, according to market segments such as geographies, application and industry.
The Automotive Diagnostic Tool Market Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
The Automotive Diagnostic Tool Market Regional Analysis Includes:
- North America (US, Canada)
- Latin America (Brazil, Mexico, rest of Latin America)
- Europe (Germany, Italy, France, U.K., Spain, BENELUX, Russia, Rest of Europe)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Indonesia, Malaysia, Rest of South Asia)
- Oceania (Australia, New Zealand)
- MEA (GCC Countries, Turkey, Northern Africa, South Africa, Rest of Middle East and Africa)
The Automotive Diagnostic Tool report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Automotive Diagnostic Tool report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The Automotive Diagnostic Tool report also maps the qualitative impact of various market factors on market segments and geographies.
The Automotive Diagnostic Tool Market Report Highlights:
- A Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
Global Automotive Diagnostic Tool Market – Key Segments
The global automotive diagnostic tool market can be separated on the basis of vehicle type, offering type, equipment type, by propulsion type and by handheld scan tool type.
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On the basis of vehicle type :
- passenger vehicles
- commercial vehicles.
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On the basis offering type :
- ICE vehicles
- EVs. The EVs (electric vehicles)
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On the basis if product type:
- scanner
- code readers
- TPMS (Tire tools, Digital pressure) tool
- battery analyzer.
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis and Forecast
- 6.1. Vehicle Type
- 6.2. Offering Type
- 6.3. Product Type
- 7. Global Market Analysis and Forecast, By Vehicle Type
- 7.1. Passenger Vehicles
- 7.2. Commercial Vehicles
- 8. Global Market Analysis and Forecast, By Offering Type
- 8.1. ICE Vehicles
- 8.2. EVs (Electric Vehicles)
- 9. Global Market Analysis and Forecast, By Product Type
- 9.1. Scanner
- 9.2. Code Readers
- 9.3. TPMS (Tire Tools, Digital Pressure) Tool
- 9.4. Battery Analyzer
- 10. Global Market Analysis and Forecast, By Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Western Europe
- 10.4. Eastern Europe
- 10.5. East Asia
- 10.6. South Asia & Pacific
- 10.7. MEA
- 11. North America Sales Analysis and Forecast, by Key Segments and Countries
- 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries
- 13. Western Europe Sales Analysis and Forecast, by Key Segments and Countries
- 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries
- 15. East Asia Sales Analysis and Forecast, by Key Segments and Countries
- 16. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries
- 17. MEA Sales Analysis and Forecast, by Key Segments and Countries
- 18. Sales Forecast by Vehicle Type, Offering Type, and Product Type for 30 Countries
- 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 20. Company Profile
- 20.1. Continental
- 20.2. Delphi
- 20.3. Actia
- 20.4. Hickok
- 20.5. Horiba
- 20.6. KPIT
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List Of Table
Table 01: Global Market US$ Mn Forecast by Region
Table 02: Global Market US$ Mn Forecast by Vehicle Type
Table 03: Global Market US$ Mn Forecast by Offering Type
Table 04: Global Market US$ Mn Forecast by Product Type
Table 05: North America Market US$ Mn Forecast by Country
Table 06: North America Market US$ Mn Forecast by Vehicle Type
Table 07: North America Market US$ Mn Forecast by Offering Type
Table 08: North America Market US$ Mn Forecast by Product Type
Table 09: Latin America Market US$ Mn Forecast by Country
Table 10: Latin America Market US$ Mn Forecast by Vehicle Type
Table 11: Latin America Market US$ Mn Forecast by Offering Type
Table 12: Latin America Market US$ Mn Forecast by Product Type
Table 13: Western Europe Market US$ Mn Forecast by Country
Table 14: Western Europe Market US$ Mn Forecast by Vehicle Type
Table 15: Western Europe Market US$ Mn Forecast by Offering Type
Table 16: Western Europe Market US$ Mn Forecast by Product Type
Table 17: Eastern Europe Market US$ Mn Forecast by Country
Table 18: Eastern Europe Market US$ Mn Forecast by Vehicle Type
Table 19: Eastern Europe Market US$ Mn Forecast by Offering Type
Table 20: Eastern Europe Market US$ Mn Forecast by Product Type
Table 21: East Asia Market US$ Mn Forecast by Country
Table 22: East Asia Market US$ Mn Forecast by Vehicle Type
Table 23: East Asia Market US$ Mn Forecast by Offering Type
Table 24: East Asia Market US$ Mn Forecast by Product Type
Table 25: South Asia & Pacific Market US$ Mn Forecast by Country
Table 26: South Asia & Pacific Market US$ Mn Forecast by Vehicle Type
Table 27: South Asia & Pacific Market US$ Mn Forecast by Offering Type
Table 28: South Asia & Pacific Market US$ Mn Forecast by Product Type
Table 29: MEA Market US$ Mn Forecast by Country
Table 30: MEA Market US$ Mn Forecast by Vehicle Type
Table 31: MEA Market US$ Mn Forecast by Offering Type
Table 32: MEA Market US$ Mn Forecast by Product Type
Table 33: North America Market US$ Mn Forecast by Country
Table 34: North America Market US$ Mn Forecast by Vehicle Type
Table 35: North America Market US$ Mn Forecast by Offering Type
Table 36: North America Market US$ Mn Forecast by Product Type
Table 37: Latin America Market US$ Mn Forecast by Country
Table 38: Latin America Market US$ Mn Forecast by Vehicle Type
Table 39: Latin America Market US$ Mn Forecast by Offering Type
Table 40: Latin America Market US$ Mn Forecast by Product Type
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List Of Figures
Figure 01: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Vehicle Type
Figure 02: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Offering Type
Figure 03: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 04: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 05: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Vehicle Type
Figure 06: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Offering Type
Figure 07: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 08: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 09: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Vehicle Type
Figure 10: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Offering Type
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Vehicle Type
Figure 14: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Offering Type
Figure 15: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 17: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Vehicle Type
Figure 18: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Offering Type
Figure 19: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 20: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Vehicle Type
Figure 22: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Offering Type
Figure 23: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 24: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 25: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Vehicle Type
Figure 26: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Offering Type
Figure 27: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 28: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 29: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Vehicle Type
Figure 30: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Offering Type
Figure 31: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 32: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 33: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Vehicle Type
Figure 34: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Offering Type
Figure 35: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 36: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 37: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Vehicle Type
Figure 38: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Offering Type
Figure 39: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 40: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the anticipated growth rate for the automotive diagnostic tool market?
The global automotive diagnostic tool market is forecasted to increase at a CAGR of 5% through 2029.
Which region is expected to be the most lucrative market for automotive diagnostic tools?
With 40% share, Asia Pacific is set to be the most opportunistic automotive diagnostic tool market.
Why are automotive diagnostic tools surging in popularity?
Growing preference for luxury vehicles that offer high performance is gaining popularity, which, in turn, is driving the demand for automotive diagnostic tools.
Automotive Diagnostic Tool Market