Automotive Diagnostic Tool Market is predicted to reach USD 43,312.2 million at a CAGR of 5.0% during the forecast period

Pune, India, July 2022, MRFR Press Release/Market Research Future has published a Cooked Research Report on the Global Automotive Diagnostic Tool Market.

Global Automotive Diagnostic Tool Market

The automotive diagnostic tools are utilized to analyze any issue in a vehicle by connecting the cable to the vehicle's diagnostic connector and running a full scan. The significant benefit of diagnostic scan tools is that it is not difficult to recognize the fault and repair it quickly. Auto diagnostic scan tools are a mix of software and electronic devices software, which are utilized as a connection point with diagnostics systems in vehicles.

Automotive Diagnostic Tool

Market Synopsis

According to the MRFR analysis, the global automotive diagnostic tool market size is projected to reach USD 43,312.2 million by 2030 at a CAGR of 5.0%. The significance of diagnostics scan tools in vehicles is expanding quickly because of the shift of buyers' inclination from manual to modern robotized diagnostics frameworks. Automated diagnostics scan tools are utilized to identify and dissect the glitches of electronic frameworks in vehicles.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Automotive Diagnostic Tool Market Research Report

The global automotive diagnostic tool market is emerging due to the increasing production and usage of vehicles across the globe and the rising technological advancements in automobiles. Additionally, the growing demand of consumers for high-end cars will provide growth opportunities for the diagnostic tools market in the future. However, the high initial cost of advanced diagnostic tools and lack of a skilled workforce might hamper the automotive diagnostic tools market growth in the forecast period.

Automotive Diagnostic Tool Market Competitive Landscape

The global automotive diagnostic tool market is highly fragmented and consists of many organized and unorganized industry players. manufacturers focus mainly on expansion of production capacities, continuous product launch, and collaborations with key stakeholders to gain a competitive advantage over other players. Key players include Robert Bosch Gmbh, Denso Corporation, AVL List Gmbh, Continental AG and few others.

Market Segmentation

Automotive Diagnostic Tool Market By Type

  • Diagnostic Equipment (Hardware): Automotive diagnostic equipment (hardware) is a physical device used to determine the conditions of various automotive hardware components. This equipment helps in state detection, fault detection, and performance prediction. Its performance detection involves accelerated performance testing, long-distance performance testing, braking performance testing, and horsepower performance testing. 

  • Diagnostic Software: Automotive diagnostic software helps to identify and repair problems in modern automobiles. Automotive diagnostic software is available for many platforms. It frequently interfaces with a vehicle's onboard diagnostic computer and may be used by professional mechanics as well as hobbyists and home users. This software bridges the gap between man and machine.

  • Automotive Diagnostic Scan Tool Technology: The automotive diagnostic scan tool is the most advanced technology available for professional technicians. This automotive diagnostic scan tool helps analyze, diagnose, and repair the most sophisticated vehicles faster and more accurately than ever before. This technology is being used for all types of vehicles, including passenger vehicles, heavy commercial vehicles, and agricultural vehicles.

  • Repair & Diagnostic Data: Automotive repair & diagnostic data is a vehicle's data, including wiring diagrams, DTCs, ECU pinout and waveform data, location diagrams, fuses and relays, and typical malfunctions. Repair & diagnostic data can be used by vehicle owners for direction and assistance on what needs to be done to fix defects and faults.

Automotive Diagnostic Tool Market By Vehicle Type

  • Passenger Car: Automotive diagnostic tools are being used for the infection of passenger vehicles, including electric powered cars and vehicles, sports utility vehicles, minivans, motorcycles, bicycles, vans, motor scooters, light trucks, and pickup trucks. Passenger vehicles are major contributors to the amount of pollution caused by vehicular emissions. An automotive diagnostic tool helps in monitoring and detecting faults in the emission control system.

  • Commercial Vehicle: Commercial vehicles are the vehicles used for transporting goods. The companies are introducing commercial vehicles such as trucks and buses with high levels of complexity in electronics and sensors. The automotive diagnostic tool is used for the automatic detection of systems and error codes.

Automotive Diagnostic Tool Market By Equipment Type

  • Wheel Alignment Tester: Wheel alignment testers are the equipment used for the testing, changing the angles of the vehicle's tires, so they are perpendicular to the ground and parallel to each other. The types of wheel alignment involve toe-in/toe-out adjustment, camber adjustment, caster adjustment, four-wheel adjustment, and thrust line adjustment.

  • Digital Battery Tester: Digital battery testers are used to check the status of a vehicle's battery. The digital battery tester comes with a display screen that works by applying a load and monitoring the voltage and current of the battery. These digital battery testers are ideal for both monitoring and troubleshooting battery problems.

  • Vehicle Emission Test System: A vehicle emission test system helps to measure a vehicle's emissions and ability to track the pollutants it releases. This system aids in determining its fuel efficiency and measures the amount of greenhouse gases such as carbon monoxide, hydrocarbons, and Sulphur oxide it emits under various conditions.

  • Others: A vehicle emission test system helps to measure a vehicle's emissions and ability to track the pollutants it releases. This system aids in determining its fuel efficiency and measures the amount of greenhouse gases such as carbon monoxide, hydrocarbons, and Sulphur oxide it emits under various conditions.

Automotive Diagnostic Tool Market By Region

  • North America: The growth in North America is attributed to rise in vehicle production and sales across the US, and government guidelines to regulate data storage and accessibility; this ultimately increases the use of automotive diagnostic tools to detect a problem and shows a positive impact on the automotive diagnostic tools market.

  • Europe: Europe accounts for the second-largest market share due to the rising per capita disposable income among individuals. Mandatory On-board diagnostics (OBD) requirements, stringent emission regulations policies.

  • Asia-Pacific: The growing infrastructural & industrialization activities, the increased purchasing power of the population, and the presence of large markets such as India, China, and Japan had fueled an increase in demand for automobiles.

  • Latin America: The automotive diagnostic tools market is growing at a significant rate in the region due to the technological advancements in automotive diagnostic tools.

  • Middle East & Africa: The rapidly improving automotive infrastructure, and increasing investments for automotive diagnostic tools by automotive industries is enhancing the growth of automotive diagnostic tools market.  

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Report details
Base Year 2022
Companies Covered 15
Pages 100
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
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