$50+ Bn Automotive Diagnostic Scan Tools Market - Global Forecast to 2025: Key Players are Denso, Bosch, Delphi, Continental, and Snap-On
DUBLIN, Feb. 14, 2019 /PRNewswire/ --
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.
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The automotive diagnostic scan tools market is estimated to be USD 37.42 billion in 2018 and is projected to reach USD 52.73 billion by 2025, at a CAGR of 5.02% from 2018 to 2025.
The key growth drivers for the market are the rise in vehicle production and sales, increase in automotive workshops, and the trend of integrating advanced features in the vehicles.
The passenger car segment is estimated to hold the largest market share during the forecast period. The increasing sales of passenger cars globally is responsible for the exponential growth 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.
The exhaust gas analyzer is projected to register the fastest growth, in terms of value and volume, in the automotive diagnostic scan tools market during the forecast period. The growth of the exhaust gas analyzer segment can be attributed to the increasing implementation of stringent emission norms in several countries.
By EV type, the HEV segment is estimated to be the largest segment of the automotive diagnostic scan tools market, by value, during the forecast period. Rising adoption of HEVs by consumers due to high power generation and fuel efficiency is the principal factor driving the growth of this segment in the diagnostic scan tools market.
By propulsion, ICE vehicles segment is estimated to be the largest segment of the automotive diagnostic scan tools market during the forecast period. The growth of this segment can be attributed to the high vehicle parc and the rising demand for premium vehicles. However, the electric vehicles (EVs) segment is projected to grow at the highest CAGR during the forecast period. It is expected to remain an attractive market in the near future due to the increase in demand for EVs.
Automotive Diagnostic Scan Tools Market
The Asia Pacific region is projected to be the largest market for automotive diagnostic scan tools by 2025. The rise in the production of automobiles and a significant rise in automotive workshops in organized and unorganized markets are driving the market growth in this region. The Rest of the World region is projected to register the second highest growth, by value, in automotive diagnostic scan tools market during the forecast period. The growth in this region can be attributed to the anticipated increase in mass vehicle production in the coming years.
The key factors restraining the growth of the automotive diagnostic scan tools market are the high cost of advanced technology equipment for automotive application and the deficiency of skilled workforce.
The automotive diagnostic scan tools market is dominated by a few global players and comprises several regional players. Some of the key manufacturers operating in the market are Denso (Japan), Bosch (Germany), Delphi (UK), Continental (Germany), and Snap-on (US).
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Automotive Diagnostic Scan Tools Market
4.2 Market Share of the Automotive Diagnostic Scan Tools Market, By Country
4.3 Automotive Diagnostic Scan Tools Market, By Offering Type
4.4 Automotive Diagnostic Scan Tools Market, By Propulsion
4.5 Automotive Diagnostic Scan Tools Market, By Ev Type
4.6 Automotive Diagnostic Scan Tools Market, By Vehicle Type
4.7 Automotive Diagnostic Scan Tools Market, By Workshop Equipment
4.8 Automotive Diagnostic Scan Tools Market, By Handheld Scan Tools
4.9 Automotive Diagnostic Scan Tools Market, By Region
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rise in Number of Automotive Workshops
5.2.1.2 Increase in Vehicle Sales
5.2.1.3 Rise in Stringent Emissions Norms to Prevent Environmental Impact
5.2.1.4 Consumer Preference for High-End Cars Gaining Pace Over the Years
5.2.2 Restraints
5.2.2.1 Deficiency of Skilled Workforce to Accustom the Advanced Technology
5.2.2.2 High Cost of Advanced Technology Equipment
5.2.3 Opportunities
5.2.3.1 Growing Demand for Onboard Diagnostic Tools
5.2.3.2 Collaboration of OEMs With Obd Suppliers
5.2.4 Challenges
5.2.4.1 Maintaining A Balance Between High Cost & Performance of Smart Diagnostic Scan Tools
6 Technological Overview
6.1 Introduction
6.2 Obd for Electric Vehicles
6.3 Obd-I vs Obd-Ii
6.3.1 Misfire Monitoring
6.3.2 Catalyst Monitoring
6.3.3 Egr Monitoring
6.3.4 Evaporative Purge System Monitoring
6.3.5 Mil Illumination
6.3.6 Secondary Air System Monitoring
6.3.7 Stored Engine Freeze Frame Data
6.3.8 DTC & Service Information Standardization
6.3.9 Fuel System Monitor
6.3.10 Oxygen Sensor Monitor
6.3.11 Comprehensive Component Monitor
7 Automotive Diagnostic Scan Tools Market, By Offering Type
7.1 Introduction
7.2 Diagnostic Equipment/Hardware
7.3 Diagnostic Software
8 Automotive Diagnostic Scan Tools Market, By Handheld Scan Tools
8.1 Introduction
8.2 Scanners
8.3 Code Reader
8.4 Digital Pressure Tester
8.5 Tpms Tools
8.6 Battery Analyzer
9 Automotive Diagnostic Scan Tools Market, By Workshop Equipment Type
9.1 Introduction
9.2 Exhaust Gas Analyzer
9.3 Paint Scan Equipment
9.4 Wheel Alignment Equipment
9.5 Dynamometer
9.6 Headlight Tester
10 Automotive Diagnostic Scan Tools Market, By Vehicle Type
10.1 Introduction
10.2 Passenger Cars
10.3 Commercial Vehicles (CV)
11 Automotive Diagnostic Scan Tools Market, By Electric Vehicle
11.1 Introduction
11.2 Battery Electric Vehicle (BEV)
11.3 Hybrid Electric Vehicle (HEV)
11.4 Plug-In Hybrid Electric Vehicle (PHEV)
11.5 Fuel Cell Electric Vehicle (FCEV)
12 Automotive Diagnostic Scan Tools Market, By Propulsion
12.1 Introduction
12.2 Ice Vehicle
12.3 Electric Vehicle
13 Automotive Diagnostic Scan Tools Market, By Region
13.1 Introduction
13.2 Asia Pacific
13.2.1 China
13.2.2 India
13.2.3 Japan
13.2.4 South Korea
13.2.5 Thailand
13.2.6 Rest of Asia Pacific
13.3 Europe
13.3.1 Germany
13.3.2 France
13.3.3 UK
13.3.4 Spain
13.3.5 Russia
13.3.6 Turkey
13.3.7 Rest of Europe
13.4 North America
13.4.1 Canada
13.4.2 Mexico
13.4.3 US
13.5 Rest of the World
13.5.1 Brazil
13.5.2 Iran
14 Competitive Landscape
14.1 Market Ranking Analysis
14.2 Competitive Situation & Trends
14.2.1 New Product Developments
14.2.2 Mergers & Acquisitions
14.2.3 Partnerships/Supply Contracts/Collaborations/Joint Ventures
14.2.4 Expansions
15 Company Profiles
15.1 Bosch
15.2 Continental
15.3 Denso
15.4 Delphi
15.5 Snap-On
15.6 Actia
15.7 Softing
15.8 Hickok
15.9 SGS
15.10 Horiba
15.11 Siemens
15.12 Kpit
15.13 Other Key Regional Companies
15.13.1 Asia Pacific
15.13.1.1 Ampro Testing Machines
15.13.1.2 MBL Impex
15.13.1.3 Autel
15.13.2 Europe
15.13.2.1 AVL
15.13.2.2 Vector Informatik
15.13.2.3 DSA Daten- Und Systemtechnik
15.13.2.4 Vogelsang & Benning
15.13.2.5 Dspace
15.13.3 North America
15.13.3.1 DG Technologies
15.13.3.2 Fluke Corporation
15.13.3.3 Noregon
15.13.3.4 Hunter
15.13.3.5 Alldata
For more information about this report visit https://www.researchandmarkets.com/research/smcwwr/50_bn?w=5
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