Market Highlights:
Automotivediagnostic tools refer to a combination of software and electronic devicessoftware, which are being used as an interface with the diagnostic systems inautomotive. The gradual shift in preference of the consumers from manual toautomated diagnostic systems, is leading to an increased importance ofdiagnostic tools in automotive. The diagnostics tools are very efficient, asthey facilitate the analysis of complex codes required for the diagnostics ofvarious components of automobiles such as powertrain, body and chassis. Allautomotive service stations deploy the use of diagnostic tools for all kinds ofpassenger cars and commercial vehicles.
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The globalautomotive diagnostic tools market is majorly driven by factors such asstringent emission norms, increase in security concerns among end-users, andthe increasing complexity in connected cars. The growth of the market isfurther expected to be driven by the electrification of vehicles and thegradual increase in the number of service stations.
However, the growth of the globalautomotive diagnostic tools market is expected to be hindered by factors suchas the complexities that are involved in the functioning of diagnostic tools,and the high price of such diagnostic tools.
AutomotiveDiagnostic Tool Market Research Analysis
Based onproduct type, the global automotive diagnostic tool market has been segmentedas diagnostic equipment (hardware), diagnostic software, automotive diagnosticscan tool technology and repair & diagnostic data. Amongst these,diagnostic software is expected to contribute the highest in the growth of themarket. The growth of diagnostic software is expected to be driven by variousfactors. The increase in the production of new automobiles, the use of numerouselectronic components, and increase in the number of software updates adoptedby the automotive service stations, are some of them.
The automotivediagnostic scan tool is also expected to grow significantly as it is one of themajor garage equipment, used to diagnose any fault in a vehicle. The faults inthe automotive can be diagnosed just by plugging the scan tool into thevehicle, using the diagnostic connector and running a full scan. The automotivediagnostic scan tool provides certain advantages, in terms of the time taken todiagnose, and the ease of identifying and rectifying the fault.
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Scope of the Report
This studyprovides an overview of the global automotive diagnostic tool Market, trackingthree market segments across four geographic regions. The report studies keyplayers, providing a six year annual trend analysis that highlights marketsize, volume and share for North America, Europe, Asia-Pacific (APAC) and Restof the World (ROW). The report also provides a forecast, focusing on the marketopportunities for the next five years for each region. The scope of the studysegments the global automotive diagnostic tool market by product type,equipment type, vehicle type and regions.
By Product Type
Diagnostic Equipment (Hardware)
Diagnostic Software
Automotive Diagnostic Scan ToolTechnology
Repair & Diagnostic Data
By Equipment type
Wheel alignment tester
Digital battery tester
Vehicle emission test system
Others
By Vehicle Type
Passenger Car
Commercial Vehicles
By Regions
North America
Asia Pacific
Europe
Rest of the World
Key Players
The prominentplayers in the automotive diagnostic tool market include Robert Bosch GmbH(Germany), Continental AG (Germany), Denso Corporation (Japan), SPX Corp(U.S.), Softing AG (Germany), Hickok Incorporated (U.S.), Actia SA (France),Snap on Incorporated (U.S.), AVL List GmbH (Austria) and KpitTechnologies (India).
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