Global Automotive OBD II Scan Tools Market Growth 2024-2030

Global Automotive OBD II Scan Tools Market Growth 2024-2030

The OBD II scanner can be plugged into the OBD port of almost any modern vehicle to obtain valuable information and real-time data about the vehicle's systems. The wireless scanner can connect to your phone via Bluetooth and let you access your car data through a mobile app.

The global Automotive OBD II Scan Tools market size is projected to grow from US$ 34050 million in 2023 to US$ 50910 million in 2030; it is expected to grow at a CAGR of 5.9% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Automotive OBD II Scan Tools Industry Forecast” looks at past sales and reviews total world Automotive OBD II Scan Tools sales in 2023, providing a comprehensive analysis by region and market sector of projected Automotive OBD II Scan Tools sales for 2024 through 2030. With Automotive OBD II Scan Tools sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive OBD II Scan Tools industry.

This Insight Report provides a comprehensive analysis of the global Automotive OBD II Scan Tools landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive OBD II Scan Tools portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive OBD II Scan Tools market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive OBD II Scan Tools and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive OBD II Scan Tools.

The growing demand for advanced automation systems in modern vehicles has led to a surge in the electrification of automotive components. However, manually diagnosing these electronic components using various tools is time-consuming and expensive. To overcome this challenge, garage equipment manufacturers have developed a standard tool to diagnose vehicles by connecting a cable to the car's diagnostic connector. These scan tools consist of electronics and software to identify any faults in the vehicle. They can also be used to detect and analyze electronic system failures and reprogram control modules in different types of vehicles. The demand for automotive diagnostic scan tools is expected to grow owing to the increasing adoption of the OBD-II (On-Board Diagnostics II) standard by fleet owners. U.S. and European governments have made it mandatory for all vehicles to use OBD-II. The system allows telematics devices to record information about factors such as fuel usage, engine revolutions, fault codes and vehicle speed, which can be used to monitor the performance and usage of fleet vehicles. This information can be accessed through a software interface, enabling fleet operators to track key performance parameters such as fuel consumption, trip start and end times, and speed. Hence, increasing usage of on-board diagnostics in commercial fleets is expected to drive the growth of the automotive diagnostic scan tools market. Rising demand for vehicles in developing countries, driven by urbanization, is expected to increase the demand for automotive diagnostic scan tools in the coming years. Customers are now more inclined to purchase vehicles equipped with OBD scanning solutions. The demand in these countries is expected to surge as users become more aware of such solutions. Vehicle architectures are becoming increasingly complex with the widespread adoption of technologies such as electronic control modules and advanced driver assistance systems. Troubleshooting such systems is technically challenging for the average end user. As a result, these scan tools, which offer standard trouble codes and other services, give consumers an easy interface to pinpoint what's wrong with their car and avoid costly workshop repairs for minor issues. Hence, the complexity of automotive electronics is likely to drive the growth of the market.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive OBD II Scan Tools market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Hand-Held Scanner
Bluetooth Scanner
Others

Segmentation by application
Private Car
Commercial Vehicle

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.Autel
ANCEL
Bosch
Innova
OTC Tools
Topdon
Snap-On
BlueDriver
Hella Gutmann
FOXWELL
Launch Tech
SeekOne
Konnwei
EDiag
AUTOOL
Autodiag Technology
Draper Auto
Acartool Auto Electronic
Shenzhen Chuang Xin Hong Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive OBD II Scan Tools market?

What factors are driving Automotive OBD II Scan Tools market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive OBD II Scan Tools market opportunities vary by end market size?

How does Automotive OBD II Scan Tools break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.