Global Automotive Diagnostic Scan Tools Market Analysis & Forecast to 2025, With an Expected CAGR of Over 5% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 7, 2018--The “Automotive Diagnostic Scan Tools Market by Workshop Equipment, Vehicle (Passenger & Commercial), Handheld Scan Tools (Scanner, Code Reader, Digital Pressure Tester, Battery Analyzer), Offering, EV Type, Propulsion and Region Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.
The automotive diagnostic scan tools market is estimated to be USD 37.42 billion in 2018 and is projected to grow at a CAGR of 5.02% during the forecast period, to reach a market size of USD 52.73 billion by 2025.
The automotive diagnostic scan tools market is anticipated to see a substantial growth in countries such as China, India, and Mexico, owing to the introduction of stringent emission regulations and the growing number of automotive workshops. This has encouraged the manufacturers to develop different diagnostic scan tools per the requirements of the end users.
The diagnostic equipment/hardware segment is estimated to be the largest segment, by value, of the automotive diagnostic scan tools market from 2018 to 2025. The growth of this segment can be attributed to the rise in the trend of integrating advanced features in vehicles and consumer preference for high-end cars.
Asia Pacific region is estimated to grow at the highest CAGR, by value, over the projected period from 2018 to 2025. Growing number of independent aftermarket repair shops, increasing complexity in vehicle electronics, and stringent emission norms are the factors fostering the growth of the global automotive diagnostic scan tools market.
Companies MentionedAVL Actia Alldata Ampro Testing Machines Autel Bosch Continental DG Technologies DSA Daten- Und Systemtechnik Delphi Denso Dspace Fluke Corporation Hickok Horiba Hunter Kpit MBL Impex Noregon SGS Siemens Snap-On Softing Vector Informatik Vogelsang & Benning
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Technological Overview
7 Automotive Diagnostic Scan Tools Market, By Offering Type
8 Automotive Diagnostic Scan Tools Market, By Handheld Scan Tools
9 Automotive Diagnostic Scan Tools Market, By Workshop Equipment Type
10 Automotive Diagnostic Scan Tools Market, By Vehicle Type
11 Automotive Diagnostic Scan Tools Market, By Electric Vehicle
12 Automotive Diagnostic Scan Tools Market, By Propulsion
13 Automotive Diagnostic Scan Tools Market, By Region
14 Competitive Landscape
15 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/fz6lcb/global_automotive?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180807005472/en/
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Related Topics:Automotive Repair
INDUSTRY KEYWORD: AUTOMOTIVE OTHER AUTOMOTIVE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 08/07/2018 08:48 AM/DISC: 08/07/2018 08:48 AM