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Garage Equipment Market

Garage Equipment Market Forecasts to 2028 – Global Analysis By Garage Type (Original Equipment Manufacturer (OEM) Authorized Garage, Franchise Garage, Independent Garage) and By Geography

4.8 (92 reviews)
Published: October 2021 ID: SMRC21091
4.8 (92 reviews)
Published: October 2021 ID: SMRC21091

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

According to Stratistics MRC, the Global Garage Equipment Market is accounted for $6.55 billion in 2020 and is expected to reach $13.43 billion by 2028 growing at a CAGR of 9.4% during the forecast period. Factors such as rising sales of pre-owned vehicles, increasing vehicular design changes, and increasing purchasing power of customers are driving the growth of the market. However, unfavourable trade regulations are hampering the growth of the market.

Garage equipment is the collection of tools, products and devices which are used by the garage owners or mechanics to provide better service quality to the customers. These are used to maintain the health of the vehicles.

Based on the application, the emission equipment segment is anticipated to expand at a rapid pace during the forecast period due to the increasing pollution levels along with the rising awareness regarding environmental protection. By geography, North America is going to have high growth during the forecast period which can be attributed to the increasing demand for premium connected vehicles and fuel-efficient vehicles.

Some of the key players profiled in the Garage Equipment Market include Robert Bosch GmbH, Continental AG, Dover Corporation, Boston Garage Equipment Ltd, Gray Manufacturing Company, Beissbarth Automotive Service Equipment, Fortive Corporation, Maha Maschinenbau Haldenwang GmbH & Co, Cemb S.P.A, Snap-On Incorporated, Arex Test Systems B.V., Aro Equipments Pvt. Ltd, Manatec Electronics Private Limited, Sarveshwari Engineers, and Oil Lube Systems Pvt Ltd. 

Garage Types Covered:
• Original Equipment Manufacturer (OEM) Authorized Garage
• Franchise Garage
• Independent Garage

Functions Covered:
• Mechanical
• Electronic   

Installation Types Covered:
• Mobile
• Fixed

Vehicle Types Covered:
• Two Wheeler/Motor Cycle
• Passenger Car
• Commercial Vehicle

Applications Covered:
• Diagnostic & Testing Equipment
• Body Shop Equipment
• Wheel & Tire Equipment
• Lifting Equipment
• Washing Equipment
• Emission Equipment

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
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 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- 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
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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