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The future of the global automotive diagnostic scan tool market looks promising with opportunities in passenger car and commercial vehicle segments. The global automotive diagnostic scan tool market is expected to grow with a CAGR of 5%-7% from 2021 to 2026. The major drivers for this market are rise in vehicle production and sales, increasing number of service stations and workshops, growing complexity in vehicle architecture, and electrification of vehicles.
Emerging trends, which have a direct impact on the dynamics of the industry, include rising adoption of EVs and hybrid vehicles, increasing electrification of vehicles, and increasing complexity of automotive electronic system.
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The study includes trends and forecast for the global automotive diagnostic scan tool market by product type, equipment type, connectivity, vehicle type, and region, as follows:
By Product Type [Value ($ Million) from 2015 to 2026]:
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Diagnostic Hardware
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Diagnostic Software
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Diagnostic Services
By Equipment Type [Value ($ Million) from 2015 to 2026]:
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Exhaust Gas Analyzer
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Wheel Alignment Equipment
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Paint Scan Equipment
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Dynamometer
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Headlight Tester
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Fuel Injection Diagnostic
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Pressure Leak Detection
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Engine Analyzer
By Connectivity [Value ($ Million) from 2015 to 2026]:
By Vehicle Type [Value ($ Million) from 2015 to 2026]:
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Passenger Cars
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Commercial Vehicles
By Region [Value ($ Million) from 2015 to 2026]:
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North America
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United States
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Canada
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Mexico
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Europe
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Germany
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United Kingdom
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APAC
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China
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India
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Japan
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ROW
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Middle East
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Brazil
Some of the automotive Diagnostic Scan Tool Tool companies profiled in this report include Snap-on Inc., ACTIA Group, ETIAS, Softing AG, DG Technologies, Crawford United Corporation, Fluke Corporation, Volkswagen AG, Robert Bosch GmbH, Continental AG, and Daimler AG.
Lucintel forecasts that diagnostic software will remain the largest segment, and it is also expected to witness the highest growth over the forecast period due to the growing demand for several vehicle alert systems on the dashboard or in-app notification related to vehicle health and increasing demand for passenger convenience, which are driving the demand for vehicle system testing software.
Within the global automotive diagnostic scan tool market, the passenger car segment is expected to witness the highest growth over the forecast period due to the increasing sales of passenger cars globally. 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.
APAC is expected to remain the largest market and witness the highest growth over the forecast period due to the rising adoption of passenger vehicles and improving per capita income in countries, such as China, India, and Indonesia, and the 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 the future.
Features of the Global Automotive Diagnostic Scan Tool Market
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Market Size Estimates: Global automotive diagnostic scan Tool market size estimation in terms of value ($M) shipment.
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Trend and Forecast Analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments.
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Segmentation Analysis: Global automotive diagnostic scan Tool market size by various segments, such as by product type, equipment type, connectivity and vehicle type in terms of value
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Regional Analysis: Global automotive diagnostic scan Tool market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
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Growth Opportunities: Analysis of growth opportunities in different by product type, equipment type, connectivity, vehicle type and regions for the global automotive diagnostic scan Tool market.
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Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global automotive diagnostic scan Tool market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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This report answers following 11 key questions |
Q.1 What are some of the most promising growth opportunities for the global automotive diagnostic scan tool market by product type (diagnostic hardware, diagnostic software and diagnostic services), equipment type (exhaust gas analyzer, wheel alignment equipment, paint scan equipment, dynamometer, headlight teaser, fuel injection diagnostic, pressure leak detection, engine analyzer), connectivity (USB, Wi-Fi, Bluetooth), vehicle type (passenger cars, and commercial vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges, and business risks in this market?
Q.5 What are the business risks and competitive threats in this market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are some of the changing demands of customers in the market?
Q.8 What are the new developments in the market and which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being taken by key players for business growth?
Q.10 What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution?
Q.11 What M & A activity did occur in the last five years? |
Report Scope
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Key Features |
Description |
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Base Year for Estimation |
2020 |
Trend Period
(Actual Estimates) |
2015-2020 |
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Forecast Period |
2021-2026 |
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Pages |
210 |
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Market Representation / Units |
Revenue in US $ Million |
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Regional Scope |
North America (USA, Mexico, and Canada), Europe (Germany and United Kingdom), Asia (China, Japan, and India), and ROW (Middle East and Brazil) |
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Report Coverage |
Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling |
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Market Segments |
Product Type (Diagnostic Hardware, Diagnostic Software and Diagnostic Services), Equipment Type (Exhaust Gas Analyzer, Wheel Alignment Equipment, Paint Scan Equipment, Dynamometer, Headlight Teaser, Fuel Injection Diagnostic, Pressure Leak Detection and Engine Analyzer), Connectivity (USB, Wi-Fi and Bluetooth), Vehicle Type (Passenger Cars and Commercial Vehicles) |
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Customization |
10% Customization without Any Additional Cost |