Automotive Diagnostic Scan Tools Market Overview:
The increase in the number of service stations and workshops has resulted in surge in demand for diagnostic tools & equipment in the automotive industry. Since majority of the vehicles have an in-built computer and various electronic parts, the importance of diagnostic tools such as scanners, testers and analyzers has gone up. These electronic parts can break down anytime due to manufacturing defects or wear and tear, resulting in the breakdown of the vehicle. Thus, automotive diagnostic tools have become an indispensable part of the global automotive industry.
The Global Automotive Diagnostic Scan Tools Market is expected to witness ~6% CAGR during the period, 2019 to 2023.
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Key Players in Automotive Diagnostic Scan Tools Market are-
The prominent players in the global automotive diagnostic scan tools market includes Softing AG (Germany), Delphi Automotive PLC (Ireland), Denso Corporation (Japan), Continenetal AG (Germany), Robert Bosch GmBH (Germany), Actia SA (France), Kpit technologies (India), AVL List GmBH (Austria), Hickok Incorporated (US), SnapOn Incorporated (US).
Automotive Diagnostic Scan Tools Market Segmentation:
Global automotive diagnostic scan system market is segmented on the basis of equipment type, vehicle type, product type, Propulsion and region. On the basis of equipment type, the market has been segmented into exhaust gas analyzer, paint scanner, wheel alignment, dynamometer & headlight tester. On the basis of vehicle type, the market has been segmented into heavy commercial vehicles, light commercial vehicles & passenger vehicles. On the basis of product type, the market has been segmented into Diagnostic hardware & diagnostic software. On the basis of propulsion type, the market has been segmented into ICE’s & Electric Vehicles.
Market Research Analysis:
In terms of region, the global market for the Automotive Diagnostic Scan Tools is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific is estimated to hold the highest revenue market share in 2017 and is expected to dominate during the forecast period. Presence of China, India, Japan, Thailand, and Indonesia where the sales of automobiles have consistently increased due to increased urbanization and growing purchase powers of consumers, has been the major driver of this market.
Growing initiatives to increase awareness regarding vehicle emissions is expected to further augment the Asia-Pacific market. Similarly, in Europe, stringent government regulations regarding emission from old vehicles will drive the growth for Automotive Diagnostic Scan Tools Market. Europe is estimated to hold the second highest revenue market share and expected to continue its growth during the forecast period.
Scope of The Report:
This study provides an overview of the global automotive diagnostic scan tools market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific, and the Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Automotive Diagnostic Scan Tools market by Equipment Type, Vehicle Type, Product Type, Propulsion Type, and regions.
Table of Contents
1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining Power of Buyers
3.1.3 Threat of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power of Buyers
3.2 Value Chain/Supply Chain Analysis
Continue….
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