Automotive Diagnostic Scan Tools Market Size, Share & Forecast to 2027

Automotive Diagnostic Scan Tools Market Size, Share & Forecast to 2027

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Automotive Diagnostic Scan Tools Market

The Automotive Diagnostic Scan Tools Market is expected to grow at significant CAGR during the forecast period (2020-2027).

The factors driving the growth of Automotive Diagnostic Scan Tools Market includes rise in the production of automobiles, growing concerns about carbon emissions and strict regulation imposed by Government on vehicular pollution an increasing number of automotive workshops around the world. According to the report published by Bloomberg, the Global Electric Vehicle Market was valued at USD 163.01 billion in 2020 and is anticipated to reach USD 823.75 billion by the end of 2030, exhibiting a CAGR of 18.2% over the forecast period (2021 to 2030), which is expected to boost the Global Automotive Diagnostic Scan Tools Market in the approaching years. Moreover, the integration of advanced features in the automobiles such as Advanced Driver Automated System (ADAS), and Automatic Braking and the increasing investments by market players for developing modern vehicular communications systems, have further propelled the market growth.

However, the growth of Automotive Diagnostic Scan Tools Market is hindered due to disruptions in the global supply chain amidst Russia-Ukraine War along with complexities in the functioning of Automotive diagnostic scan tools.

The leading players operating in the market are SGS SA, Softing AG, AVL LIST GmbH, Denso Corporation, Robert Bosch GmbH, Snap-on Incorporated, Hickok Inc, Delphi Technologies, Continental AG and Actia Group among others.

Offering: Segment Analysis

Based on offering, the software segment is expected to capture significant market share over the forecast period because it provides enhanced workflow, minimizes cost, improves overall safety and reliability.

PC Based Scan Tools: Segment Analysis

Based on PC Based Scan Tools, the exhaust gas analyzer segment is projected to capture sizeable market share during the forecast period. The strict regulations imposed by Government due to increasing environmental pollution and Exhaust gas analyzer ability to measure carbon monoxide content present in the gases, are some of the factors responsible for the growth of the segment.

Regional: Segment Analysis

Based on region, Europe is projected to capture the highest market share over the forecast period. The growing demand for commercial vehicles, increasing pollution levels, rising purchasing power, adoption of new technologies and high population density, are some of the important factors augmenting the market growth of Asia-Pacific region.

Market Segmentation

Global Automotive Diagnostic Scan Tools Market by Offering Type

Hardware
Software
Global Automotive Diagnostic Scan Tools Market by PC based Scan Tools

Exhaust Gas Analyzer
Paint Scan Equipment
Dynamometer
Headlight Tester
Wheel Alignment Equipment
Engine Analyzer
Pressure Leak Detection
Fuel Injection Diagnostic
Global Automotive Diagnostic Scan Tools Market by Handheld Scan Equipment

Scanners
Code Readers
TPMS Tools
Digital Pressure Tester
Battery Analyzer
Handheld Tread Reader
Global Automotive Diagnostic Scan Tools Market by Vehicle Type

Passenger Vehicle
Commercial Vehicle
Global Automotive Diagnostic Scan Tools Market by Propulsion

Ice Vehicles
EVS
Global Automotive Diagnostic Scan Tools Market by Connectivity

Bluetooth
Wi-Fi
USB
Global Automotive Diagnostic Scan Tools Market by Region

Asia PacificChina
Japan
India
Rest of APAC
North AmericaUnited States of America
Canada
EuropeUnited Kingdom
Germany
France
Spain
Rest of Europe
RoWBrazil
South Africa
Saudi Arabia
UAE
About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

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