Uploaded on Oct 26, 2020
Automotive Diagnostic Tool Industry
Automotive Diagnostic Tool Industry
Summary
Global Automotive Diagnostic Tool Industry Information Report, By Product Type (Diagnostic Equipment
(Hardware), Diagnostic Software, Automotive Diagnostic Scan Tool Technology and Repair & Diagnostic
Data), By Equipment type (Wheel alignment tester, Digital battery tester, Vehicle emission test system
and Others), By Vehicle Type (Passenger Car, Commercial Vehicles) and By Region - Forecast To 2023
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Key Players
Leading players profiled in the Automotive Diagnostic Tool Industry include Kpit Technologies (India), AVL
List GmbH (Austria), Snap on Incorporated (U.S.), Actia SA (France), Hickok Incorporated (U.S.), Softing AG
(Germany), SPX Corp (U.S.), Denso Corporation (Japan), Continental AG (Germany), Robert Bosch GmbH
(Germany) and others.
May 2019- asTech has finally announced the news of signing an agreement that will provide calibration
and vehicle diagnostic services to Fix Auto organization in the US. With the help of this partnership, the
Fix Auto USA franchise locations can use asTech as the approved vendor for offering insurance partners
and customers calibration services and vehicle electronics diagnostic services for both pre-repair as well
as post-repair conditions.
Market Segmentation
MRFR report offers a wide segmental analysis of the Automotive Diagnostic Tool Industry on the basis of
product type, equipment type, and vehicle type.
Based on equipment type, the Automotive Diagnostic Tool Industry is segmented into vehicle emission
test system, digital battery tester, wheel alignment tester and others. Of these, the vehicle emission test
system segment is predicted to dominate the market over the assessment period. This is owing to increase
in the strict norms laid down by the government concerning vehicle emissions.
Based on vehicle type, the Automotive Diagnostic Tool Industry is segmented into commercial vehicles
and passenger car. Of these, the passenger car segment will lead the market over the assessment period.
This is on account of increasing demand for premium passenger cars coupled with huge pool of customers
for passenger cars.
Regional Analysis
By region, the Automotive Diagnostic Tool Industry covers growth opportunities and latest trends across
Rest of the World, Asia Pacific, Europe and North America. Of these, the APAC region will account for the
largest share in the market over the assessment period. This is owing to the increase in consumers
preference for automobiles along with advanced technology. The strict standards laid down by the
government that lay emphasis to control the level of emission from vehicles will also add to the growth
of the market in this region. The developing countries especially Japan, China and India are highly prone
to make the most of the easy to use and advanced diagnosis tools and equipment that again will propel
the market growth over the assessment period.
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market-5245
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