The Europe Automotive Diagnostics Tool Market size is estimated at USD 6.31 billion in 2024, and is expected to reach USD 8.23 billion by 2029, growing at a CAGR of 5.45% during the forecast period (2024-2029).
The Europe automotive diagnostics tool market is dominated by several key players such as Robert Bosch GmbH, Continental AG, Delphi Technologies Inc., Snap-on, and Others. Growing technological advancement in diagnostic tools is likely to witness major growth for the market during the forecast period.
In April 2022, MAHLE collaborated with political diagnostics, a software developer based in Dresden, to use the charging plug-in in addition to the existing OBD port for battery diagnostics of electric vehicles in the future. It evaluates the measured data in the cloud and provides valuable information about the state of the electric vehicle battery.
In November 2021, Continental launched Autodiagnos Drive, a remote vehicle data solution designed to deliver advanced diagnostic information that service providers, fleet managers, and repair facilities can use to maximize their data-driven services.
In July 2021, Hella Gutmann developed a Cyber Security Management (CSM) function in its diagnostic devices to provide authentication with gateways, enabling rapid diagnostic checks for a variety of vehicles.
In April 2021, Snap-on released a software upgrade for its diagnostic tools that allows professional technicians to get the full potential of their diagnostic platform to increase their productivity and overcome even the toughest obstacles more quickly. The new update allows a 2 percent increase in hybrid electronics component tests and a 13 percent increase in additional driver aids/ADAS component tests.
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