Press release
Automotive Diagnostic Scan Tools Market is expected is expected to reach USD 51.97 billion by 2025
Automotive Diagnostic
The Global Automotive Diagnostic Scan Tools Market is expected is expected to reach USD 51.97 billion by 2025 from USD 25.35 billion in 2017 and is projected to grow at a CAGR of 5.0% in the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Entire Automotive Diagnostic Scan Tools report can be mainly categorised into four major areas which are market definition, market segmentation, competitive analysis and research methodology. It comprises of key information about the industry, market segmentation, important facts and figures, expert opinions, and the latest developments across the globe. Market research studies conducted in this report are very attentive for the businesses which help them with the better decision making and develop better strategies about production, marketing, sales and promotion. A team of innovative analysts, enthusiastic forecasters, knowledgeable researchers and experienced industry experts work harder and 24*7 to structure this most excellent market report.
Automotive diagnostic tools are electronic devices software, used as an interface in the diagnosis of automotive systems.. Automotive diagnostic tools are also used to reprogram and upgrade the vehicle control modules as per required performance and specification. Due to a shift from manual to automated controls and automated automobiles, the importance of diagnostic tools in automotive system is increasing significantly. The diagnostics tools are very efficient in facilitating the analysis and diagnostics of various components of automobiles such as powertrain, body and chassis. In 2017 Continental made a major breakthrough in automotive diagnostic tools system by updating the FB30 family of bleeding devices.. Continental also offers a wide range of products for replacing the brake fluid with its ATE product brand. Denso acquired 72.1% stake of EASE Simulation (U.S.), for developing computerized diagnostic tools for vehicles.
Leading Players of Automotive Diagnostic Scan Tools Market DENSO Corporation, ACTIA Group, Bosch Automotive Service Solutions Inc., Delphi Technologies, Hickok Inc., SPX corporation, Continental AG, Siemens AG, MBL Impex Pvt Ltd., Horiba Inc., Autel Intelligent Technology Corp Ltd., Ampro Testing Machines, AVL List GmbH, DG Technologies, ETAS GmbH, KPIT Technologies Ltd., SGS SA, and Fluke Corporation, Vogelsang & Benning, Vector Informatik India Pvt. Ltd. In, February, 2014, Magma Ceramics and catalysts merged with Morgan Advanced Materials in a move to create a larger and more effective combined business which will give access to wider technology base and growth prospects.
Market Drivers:
Vehicles in operation at an ever increasing pace by number.
Increase in the electrification of vehicles backed by an increasing number of service stations.
Implementation of new communication technology within the automobile industry.
Market Restraint:
Advanced technologies and its high costs in implementation.
Lack of skilled workforce to cater the advancement in the technology.
Recent Industry Developments
In April 2018, Quartrix launched a new installation feature plug & track, easing the installation and flexibility of tools.
In April 2017 SiriusXM acquired Automatic, the manufacturer of Automatic pro & lite connected to car ports (OBD 2) accessories for USD 10 million, enabling the firm to expand and improve its services.
Major Highlights of TOC:
Chapter One: Automotive Diagnostic Scan Tools Industry Overview
1.1 Automotive Diagnostic Scan Tools Industry
1.1.1 Overview
1.1.2 Products of Major Companies
1.2 Automotive Diagnostic Scan Tools Segment
1.2.1 Industry Chain
1.2.2 Consumer Distribution
1.3 Price & Cost Overview
Chapter Two: Automotive Diagnostic Scan Tools Demand
2.1 Segment Overview
2.1.1 APPLICATION 1
2.1.2 APPLICATION 2
2.1.3 Other
2.2 Automotive Diagnostic Scan Tools Size by Demand
2.3 Automotive Diagnostic Scan Tools Forecast by Demand
Chapter Three: Automotive Diagnostic Scan Tools by Type
3.1 By Type
3.1.1 TYPE 1
3.1.2 TYPE 2
3.2 Automotive Diagnostic Scan Tools Size by Type
3.3 Automotive Diagnostic Scan Tools Forecast by Type
Chapter Four: Major Region of Automotive Diagnostic Scan Tools Market
4.1 Automotive Diagnostic Scan Tools Sales
4.2 Automotive Diagnostic Scan Tools Revenue & market share
Chapter Five: Major Companies List
Chapter Six: Conclusion
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Key Segmentation of Automotive Diagnostic Scan Tools Market
By Product Type
Diagnostic Equipment.
Diagnostic Software.
By Vehicle Type
Passenger Vehicles.
Commercial Vehicles.
By Geography
North America
U.S.
Canada,
Mexico
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia Pacific
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
South Africa
Egypt
Saudi Arabia
UAE
Israel
Rest of MEA
Competitive Analysis:Global Automotive Diagnostic Scan Tools Market
The global automotive diagnostic scan tools market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automotive diagnostic scan tools market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Various features and important queries have been answered in top-notch report
What are the market tools and techniques on the basis of which the Automotive Diagnostic Scan Tools market is evaluated?
Various market research tools and techniques such as PESTEL analysis, SWOT analysis, Porter's Five Forces analysis, Primary and secondary research methodologies have utilized to dig deep into this Automotive Diagnostic Scan Tools market.
What all regions are covered in this Automotive Diagnostic Scan Tools market research report?
The focused regions are basically U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
How does this report prove to be beneficial for the readers?
The Automotive Diagnostic Scan Tools market report saves crucial time of the readers by providing deep and unbiased insights related to Automotive Diagnostic Scan Tools market under one roof. Additionally, this report can be customized according to the customers' requirement. Specific regional wise or country wise analysis is also available as per on request.
Competitors
In this section, various Automotive Diagnostic Scan Tools industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.
Sales and Revenue Analysis
Both, sales and revenue are studied for the different regions of the Automotive Diagnostic Scan Tools Market. Another major aspect, price, which plays an important part in the revenue generation, is also assessed in this section for the various regions.
Market Dynamics
The analysts explore critical influence factors, market drivers, challenges, risk factors, opportunities, and market trends in this section.
Application Usage
The section provides up-to-date information on the customer experience which can help identify the problems as well as detailed errors in the products. Through these findings, you will be able to provide solutions to it.
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