Global Car Garage Equipment Market Growth 2023-2029

Global Car Garage Equipment Market Growth 2023-2029

The upgrading of existing repair shops and independent garages is expected to fuel sales in the market. In addition to this, increasing sales of two-wheelers and lightweight vehicles in emerging economies are expected to augment the growth of the market.



Digital innovations in garage equipment by original equipment manufacturers (OEMs) and franchisee garages will provide impetus to sales in the forthcoming years. Besides this, surging demand for lifting equipment such as double post lifts and four-post lifts for moving light and heavyweight vehicles will continue pushing sales over the assessment period.

LPI (LP Information)' newest research report, the “Car Garage Equipment Industry Forecast” looks at past sales and reviews total world Car Garage Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Car Garage Equipment sales for 2023 through 2029. With Car Garage Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Car Garage Equipment industry.

This Insight Report provides a comprehensive analysis of the global Car Garage Equipment 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 Car Garage Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Car Garage Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Car Garage Equipment 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 Car Garage Equipment.

The global Car Garage Equipment market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Car Garage Equipment is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Car Garage Equipment is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Car Garage Equipment is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Car Garage Equipment players cover Arex Test Systems, Boston Garage Equipment, Bosch, Continental, Aro Equipment, LKQ Coatings, Istobal, Con Air Equipment and Vehicle Service Group, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Car Garage Equipment market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Lifting Equipment
Body Shop Equipment
Wheel and Tire Service Equipment
Vehicle Diagnostic and Testing Equipment
Washing Equipment
Others

Segmentation by application
Automotive OEM Dealerships
Franchise Stores
Independent Garages

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.
Arex Test Systems
Boston Garage Equipment
Bosch
Continental
Aro Equipment
LKQ Coatings
Istobal
Con Air Equipment
Vehicle Service Group
Gray Manufacturing Company
Symach
Standard Tools and Equipment

Key Questions Addressed in this Report

What is the 10-year outlook for the global Car Garage Equipment market?

What factors are driving Car Garage Equipment market growth, globally and by region?

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

How do Car Garage Equipment market opportunities vary by end market size?

How does Car Garage Equipment break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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