Automotive Diagnostic Scan Tools Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	200 Pages	Fortune Business Insights Pvt. Ltd.	September, 2024	FOB19185548

Best Price Guarantee
Price	from $4,850
Length	200 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	September, 2024
SKU	FOB19185548

Automotive Diagnostic Scan Tools Market

Growth Factors of Automotive Diagnostic Scan Tools Market

The automotive diagnostic scan tools market size was valued at USD 34.87 billion in 2023, and the market is now projected to grow from USD 36.36 billion in 2024 to USD 60.66 billion by 2032, exhibiting a CAGR of 6.6% during the forecast period of 2023-2030.

COVID-19 and restrictions on lockdown mostly in the second quarter of 2020 have had a negative impact on the automotive diagnostic scan tools market growth. For instance, the report by the IEA concerning the transport implications of the COVID-19 crisis based on data about changes in transport behaviour showing that road passenger transport declined by nearly 50% by Q2 of 2020, which is a 2019 baseline.

The advanced architecture of vehicles working as separate systems such as electronic control modules and advanced driver assistance systems makes it hard for a layman to diagnose a fault. The tools with standardized fault codes are quite easy to use, ensuring that consumers can identify problems without having to part with their hard-earned cash to have the car worked on. With the increase in the automotive electronics market, there will be an increase relating to the automotive diagnostic scan tools market share.

Also, due to government regulations in the U.S. and Europe, familiar cars have OBD-II (On-Board Diagnostics II) which allows tracking devices of fleets to inspect other parameters in cars including fuel consumption rate and speed. This data is useful in the tracking of performance and management of utilization of the vehicle by the fleet operators. An increase in the popularity of OBD-II in commercial fleets will drive the automotive diagnostic scan tools market.

Comprehensive Analysis of Automotive Diagnostic Scan Tools Market

The market analysis of automotive diagnostic scan tools and the automotive industry is expanding at a very rapid pace due to the segmentation of the market. This market expansion also helps to present a comprehensive regional evaluation based on the supply and demand dynamics affecting the automotive interior & exterior market. These segmentations are systematically separated by the product types and by the vehicle types. The product types include, Diagnostic Equipment/Hardware and Diagnostic Software. The vehicle types include, Passenger Cars and Commercial Vehicles.

The Asia Pacific automotive diagnostic scan tools market analysis revealed that it had the largest market share of USD 16.97 billion in the year 2023. The growth in the number of service stations and automotive workshops and the high production of automobiles especially from Asia Pacific countries including China and India are some reasons that explain why this market is dominated by the Asia Pacific region. However, rising production of electric vehicles especially in the Asia Pacific region is expected to increase the uptake of such tools shortly.

The leading companies in the market have a significant position in the growth of industrial prospectus in the automotive industry through setting up market standards. These players include, ACTIA Group (Toulouse, France), Snap-on Incorporated (Wisconsin, U.S.), Softing AG (Haar, Germany), Robert Bosch GmbH (Gerlingen, Germany), Delphi Technologies (London, U.K.), Denso Corporation (Aichi, Japan), SPX Corporation (North Carolina, U.S.), Continental AG (Hanover, Germany), SGS SA (Geneva, Switzerland) and Horiba, Ltd. (Kyoto, Japan). All of these market players supply a level-playing competitive environment.

In October 2023, Matco Tools launched its latest diagnostic scan tool called the Maximus Plus. The Maximus Plus is perfect for automotive technicians and is the most comprehensive diagnostic scan tool with complete coverage flexibility, OE-level feature capabilities and Android OS in the palm of your hand.

Segmentation Table

Global Automotive Diagnostic Scan Tools Market Scope

Study Period 2019-2032

Base Year 2023

Forecast Period 2024-2032

Growth Rate CAGR of 6.6% from 2024 to 2032

Historical Period 2019-2022

Unit Value (USD Billion)

Segmentation By Product Type, Vehicle Type, and Region

By Product Type - Diagnostic Equipment/Hardware

- Diagnostic Software

By Vehicle Type - Passenger Cars

- Commercial Vehicles

By Region - North America (By Product Type, By Vehicle Type)

U.S. (By Product Type, By Vehicle Type)
Canada (By Product Type, By Vehicle Type)
Mexico (By Product Type, By Vehicle Type)

- Europe (By Product Type, By Vehicle Type)

U.K. (By Product Type, By Vehicle Type)
Germany (By Product Type, By Vehicle Type)
France (By Product Type, By Vehicle Type)
Rest of Europe (By Product Type, By Vehicle Type)

- Asia Pacific (By Product Type, By Vehicle Type)

China (By Product Type, By Vehicle Type)
Japan (By Product Type, By Vehicle Type)
India (By Product Type, By Vehicle Type)
South Korea (By Product Type, By Vehicle Type)
Rest of Asia Pacific (By Product Type, By Vehicle Type)

- Rest of the World (By Product Type, By Vehicle Type)

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1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities
4. Key Insights: 4.1. Key Industry Developments - Merger, Acquisitions, and Partnerships; 4.2. Technological Advancements; 4.3. Porter’s Five Forces Analysis; 4.4. Impact of COVID-19
5. Global Automotive Diagnostic Scan Tools Market Analysis, Insights and Forecast, 2019-2032: 5.1. Key Findings / Summary; 5.2. Market Analysis, Insights and Forecast – By Product Type; 5.2.1. Diagnostic Equipment/Hardware; 5.2.2. Diagnostic Software; 5.3. Market Analysis, Insights and Forecast – By Vehicle Type; 5.3.1. Passenger Cars; 5.3.2. Commercial Vehicles; 5.4. Market Analysis, Insights and Forecast – By Region; 5.4.1. North America; 5.4.2. Europe; 5.4.3. Asia Pacific; 5.4.4. Rest of the World
6. North America Automotive Diagnostic Scan Tools Market Analysis, Insights and Forecast, 2019-2032: 6.1. Key Findings / Summary; 6.2. Market Analysis – By Product Type; 6.2.1. Diagnostic Equipment/Hardware; 6.2.2. Diagnostic Software; 6.3. Market Analysis – By Vehicle Type; 6.3.1. Passenger Cars; 6.3.2. Commercial Vehicles; 6.4. Market Analysis – By Country; 6.4.1. U.S.; 6.4.1.1. By Product Type; 6.4.1.2. By Vehicle Type; 6.4.2. Canada; 6.4.2.1. By Product Type; 6.4.2.2. By Vehicle Type; 6.4.3. Mexico; 6.4.3.1. By Product Type; 6.4.3.2. By Vehicle Type
7. Europe Automotive Diagnostic Scan Tools Market Analysis, Insights and Forecast, 2019-2032: 7.1. Key Findings / Summary; 7.2. Market Analysis – By Product Type; 7.2.1. Diagnostic Equipment/Hardware; 7.2.2. Diagnostic Software; 7.3. Market Analysis – By Vehicle Type; 7.3.1. Passenger Cars; 7.3.2. Commercial Vehicles; 7.4. Market Analysis – By Country; 7.4.1. U.K.; 7.4.1.1. By Product Type; 7.4.1.2. By Vehicle Type; 7.4.2. Germany; 7.4.2.1. By Product Type; 7.4.2.2. By Vehicle Type; 7.4.3. France; 7.4.3.1. By Product Type; 7.4.3.2. By Vehicle Type; 7.4.4. Rest of Europe; 7.4.4.1. By Product Type; 7.4.4.2. By Vehicle Type
8. Asia Pacific Automotive Diagnostic Scan Tools Market Analysis, Insights and Forecast, 2019-2032: 8.1. Key Findings / Summary; 8.2. Market Analysis – By Product Type; 8.2.1. Diagnostic Equipment/Hardware; 8.2.2. Diagnostic Software; 8.3. Market Analysis – By Vehicle Type; 8.3.1. Passenger Cars; 8.3.2. Commercial Vehicles; 8.4. Market Analysis – By Country; 8.4.1. China; 8.4.1.1. By Product Type; 8.4.1.2. By Vehicle Type; 8.4.2. Japan; 8.4.2.1. By Product Type; 8.4.2.2. By Vehicle Type; 8.4.3. India; 8.4.3.1. By Product Type; 8.4.3.2. By Vehicle Type; 8.4.4. South Korea; 8.4.4.1. By Product Type; 8.4.4.2. By Vehicle Type; 8.4.5. Rest of Asia Pacific; 8.4.5.1. By Product Type; 8.4.5.2. By Vehicle Type
9. Rest of the World Automotive Diagnostic Scan Tools Market Analysis, Insights and Forecast, 2019-2032: 9.1. Key Findings / Summary; 9.2. Market Analysis – By Product Type; 9.2.1. Diagnostic Equipment/Hardware; 9.2.2. Diagnostic Software; 9.3. Market Analysis – By Vehicle Type; 9.3.1. Passenger Cars; 9.3.2. Commercial Vehicles
10. Competitive Analysis: 10.1. Key Industry Developments; 10.2. Global Market Share Analysis (2023); 10.3. Competition Dashboard; 10.4. Comparative Analysis – Major Players; 10.5. Company Profiles; 10.5.1. ACTIA Group (Toulouse, France); 10.5.1.1. Overview; 10.5.1.2. Products & services; 10.5.1.3. SWOT Analysis; 10.5.1.4. Recent Developments; 10.5.1.5. Strategies; 10.5.1.6. Financials (Based on Availability); 10.5.2. Snap-on Incorporated (Wisconsin, U.S.); 10.5.2.1. Overview; 10.5.2.2. Products & services; 10.5.2.3. SWOT Analysis; 10.5.2.4. Recent Developments; 10.5.2.5. Strategies; 10.5.2.6. Financials (Based on Availability); 10.5.3. Softing AG (Haar, Germany); 10.5.3.1. Overview; 10.5.3.2. Products & services; 10.5.3.3. SWOT Analysis; 10.5.3.4. Recent Developments; 10.5.3.5. Strategies; 10.5.3.6. Financials (Based on Availability); 10.5.4. Robert Bosch GmbH (Gerlingen, Germany); 10.5.4.1. Overview; 10.5.4.2. Products & services; 10.5.4.3. SWOT Analysis; 10.5.4.4. Recent Developments; 10.5.4.5. Strategies; 10.5.4.6. Financials (Based on Availability); 10.5.5. Delphi Technologies (London, U.K.); 10.5.5.1. Overview; 10.5.5.2. Products & services; 10.5.5.3. SWOT Analysis; 10.5.5.4. Recent Developments; 10.5.5.5. Strategies; 10.5.5.6. Financials (Based on Availability); 10.5.6. Denso Corporation (Aichi, Japan); 10.5.6.1. Overview; 10.5.6.2. Products & services; 10.5.6.3. SWOT Analysis; 10.5.6.4. Recent Developments; 10.5.6.5. Strategies; 10.5.6.6. Financials (Based on Availability); 10.5.7. SPX Corporation (North Carolina, U.S.); 10.5.7.1. Overview; 10.5.7.2. Products & services; 10.5.7.3. SWOT Analysis; 10.5.7.4. Recent Developments; 10.5.7.5. Strategies; 10.5.7.6. Financials (Based on Availability); 10.5.8. Continental AG (Hanover, Germany); 10.5.8.1. Overview; 10.5.8.2. Products & services; 10.5.8.3. SWOT Analysis; 10.5.8.4. Recent Developments; 10.5.8.5. Strategies; 10.5.8.6. Financials (Based on Availability); 10.5.9. SGS SA (Geneva, Switzerland); 10.5.9.1. Overview; 10.5.9.2. Products & services; 10.5.9.3. SWOT Analysis; 10.5.9.4. Recent Developments; 10.5.9.5. Strategies; 10.5.9.6. Financials (Based on Availability); 10.5.10. Horiba, Ltd. (Kyoto, Japan); 10.5.10.1. Overview; 10.5.10.2. Products & services; 10.5.10.3. SWOT Analysis; 10.5.10.4. Recent Developments; 10.5.10.5. Strategies; 10.5.10.6. Financials (Based on Availability)