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Automotive Diagnostic Scan Tools - Global Market Outlook (2018-2027)

Automotive Diagnostic Scan Tools - Global Market Outlook (2018-2027)

Published: April 2020 ID: SMRC19038
Published: April 2020 ID: SMRC19038

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Automotive Diagnostic Scan Tools market is accounted for $37.04 billion in 2018 and is expected to reach $63.66 billion by 2027 growing at a CAGR of 6.2% during the forecast period. Some of the key factors propelling the market growth are rising complexity of automotive electronics especially in connected cars and advancements in the vehicle technology. However, high cost of the tools is the restraining factor for the growth of the market.

Automotive diagnostic scan tools are a synergy of electronic devices and software that is used as interface with diagnostic systems in automobiles. The significance of diagnostic scan tools in vehicles is increasing rapidly owing to the shift in consumer preference towards advancement and sophisticated automatic diagnostics tools from manual system. Automatic diagnostic scan gears are used for the reason of analyzing and detecting the failure of electronic systems in automobiles. Hence, this is very essential for automobile users to repair the problems in automobiles. These tools also allow the up gradation and reprogramming of control elements in vehicles. With the advancing technology, there has been evolution in diagnostic scan equipment, just like any other automotive gears. Nowadays, diagnostic scan apparatus are more sophisticated and highly efficient, which can examine complex programs while performing diagnostics in the automobile’s powertrain, chassis and body. These tools are mainly used in service locations for all types of vehicles ranging from light commercial vehicles to heavy commercial vehicles.

By vehicle type, passenger cars segment is expected to grow at the significant market share during the forecast period due to increasing sales of passenger cars globally is responsible for the exponential increase of the automotive diagnostic scan tools market. Also, the growing stringency of mandates related to emissions and vehicle safety performance in several countries is inflating the demand for automotive diagnostic scan tools. On the basis of geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to rising adoption of passenger vehicles and improving per capita income in countries such as China, India, and Indonesia. Besides, growing concerns over degrading air quality and ambitious government plans such as vehicle electrification and ban on diesel vehicles to meet the air quality standards in future are supporting the market growth in the region.

Some of the key players in Automotive Diagnostic Scan Tools Market include Actia Group SA, Avl List GmbH, Continental, Delphi, Denso, Dg Technologies, Dsa Daten- Und Systemtechnik GmbH, Etas GmbH, Fluke Corporation, General Technologies Corp, Hickok Inc, Kpit Technologies, Robert Bosch, SGS, Siemens, Snap-on, Softing AG and SPX Corp.

Offering Types Covered:
• Diagnostic Software
• Diagnostic Equipment/Hardware
• Diagnostic Services
• Automotive Diagnostic Scan Tool Technology

Propulsions Covered:
• Internal Combustion Engine Vehicles
• Electric Vehicles

Connectivity’s Covered:
• Universal Serial Bus
• Wireless Fidelity (Wi-Fi)
• Bluetooth

Vehicle Types Covered:
• Passenger Car
• Commercial Vehicles
• Non-Commercial Vehicles

Handheld Scan Tools Covered:
• Battery analyzer
• Code readers
• Digital pressure tester
• Handheld Tread Reader
• Scanners
• TPMS tools

Workshop Equipment Types Covered:
• DIY Diagnostic
• Dynamometer
• Engine Analyzer
• Exhaust gas analyzer
• Fuel Injection Diagnostic
• Headlight Tester
• OEMs Diagnostic
• Paint scan equipment
• Pressure Leak Detection
• Professional Diagnostic
• Wheel alignment equipment

Technologies Covered:
• Catalyst Monitoring
• Comprehensive Component Monitor
• Delta Industrial Automation (DTC) & Service Information Standardization
• Evaporative Purge System Monitoring
• Exhaust Gas Recirculation (EGR) Monitoring
• Fuel System Monitor
• MIL Illumination
• Misfire Monitoring
• Oxygen Sensor Monitor
• Secondary Air System Monitoring
• Stored Engine Freeze Frame Data

Applications Covered:
• Vehicle Tracking
• Vehicle Health Alert & Roadside Assistance
• Repair and Maintenance
• Emission Control
• Automatic Crash Notification

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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