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Global Automotive Diagnostics Tools Market Size, Trends, and Growth Opportunity By type (OBD, Electric System Analyzer, Scan Tool), By vehicle type (passenger cars, commercial vehicles), By Region and forecast till 2027.


Report ID : IR1001471 | Industries : Automotive and Transportation | Published On :June 2024 | Page Count : 245

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  • Global Automotive Diagnostics Tools Market Size, Trends, and Growth Opportunity By type (OBD, Electric System Analyzer, Scan Tool), By vehicle type (passenger cars, commercial vehicles), By Region and forecast till 2027.
    Global Automotive Diagnostics Tools Market
    The global automotive diagnostics tools market was valued at USD 32,710.00 million in 2021 which is expected to reach USD 46,760.23 million by 2027, at a CAGR of 5.05% from 2022-2027.
    Automotive diagnostics is the process of looking at a car's condition to see if it's running properly and if its related parts are functioning as they should. For the purpose of performing vehicle diagnosis, a large number of hardware and software components are needed to build devices that provide exact information about the component or vehicle part.
    Market Drivers
    Increased population, increased demands, and rapid urbanization, combined with newly developed technologies and advancements such as better electrification systems and developed electronic components, as well as the ease of finding errors and faults at a low cost, have boosted the market rate.
    Added more services and studio components. To reduce carbon dioxide emissions, developed technologies such as do-it-yourself have raised market rates. The market for automobile diagnostic scan tools has seen a substantial expansion thanks to software and electronics components with improved USB or wireless connectivity via Wifi or Bluetooth.
    Market Challenges
    Lack of knowledge is challenging the market's growth.
    People's lack of knowledge about the availability and developed technologies in automotive vehicles may impede market development during the forecast period. The cost of the technology is the main impediment to the development of automotive diagnostic tools.
    The increased cost of car diagnostic scan tools due to developed technologies and new features introduced with software updates the availability of various choices for diagnosing errors and faults in vehicles may influence market growth.
    Impact of COVID-19
    COVID-19 has provided the world with previously unimagined economic, humanitarian, and healthcare challenges. It has had an impact on people's overall lifestyle and behavior in terms of travel, consumption of goods and services, and working styles. Furthermore, due to the pandemic and its rapid spread around the world, the demand and supply networks for many goods came to a halt due to a lack of transportation. This has increased demand for electric vehicles, which is anticipated to propel the automotive diagnostics market forward. Furthermore, numerous businesses that are interested in producing advanced technologies for use in vehicles have implemented a variety of development strategies, such as agreements, expansions, product development, and product launches.
    Market Segmentation
    The global automotive diagnostics tools market is segmented into type and vehicle type. By types, such as OBD, Electric System Analyzer, or Scan Tool. Further, the market is segmented into By Vehicle Types such as Passenger Cars, Commercial Vehicles.
    Regional Analysis
    The global automotive diagnostics tools market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Asia Pacific dominated the market and accounted for the largest revenue share of 35.50% in 2021 due to Infrastructural advancements and industrialization activities in a growing economy has opened up new avenues, generating a number of opportunities for car OEMs. Europe is expected to grow at a significant rate and is anticipated to expand at an optimistic rate as connected cars and autonomous vehicles become more widely used in the area.
    Key Players
    Various key players are listed in this report, such as ACTIA Group, Delphi Automotive PLC, Continental AG, Robert Bosch GmbH, Snap-On Incorporated, Denso Corporation, Vector Informatik GmbH, Softing AG, KPIT Technologies Ltd, and Hella KGaA Hueck & Co.
    Market Taxonomy
    By Type
    • OBD
    • Electric System Analyzer
    • Scan Tool
    By Vehicle Type
    • Passenger Cars
    • Commercial Vehicles
    By Region
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa

    Global Automotive Diagnostics Tools Market 
    1 Introduction 
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Automotive Diagnostics Tools Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Cumulative Impact due to recent Energy Crisis
    4.2.5 Cumulative Impact due to nearing economic downturn 
    4.2.6 Post covid-19 world Supply& Demand conditions
    4.2.7 Cumulative Impact of Russia-Ukraine Conflict
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Automotive Diagnostics Tools Market, By Type
    5.1 Y-o-Y Growth Comparison, By Type 
    5.2 Global Automotive Diagnostics Tools Market Share Analysis, By Type 
    5.3 Global Automotive Diagnostics Tools Market Size and Forecast, By Type
    5.3.1 OBD
    5.3.2 Electric System Analyzer
    5.3.3 Scan Tool
    6 Global Automotive Diagnostics Tools Market, By Vehicle Type
    6.1 Y-o-Y Growth Comparison, By Vehicle Type
    6.2 Global Automotive Diagnostics Tools Market Share Analysis, By Vehicle Type
    6.3 Global Automotive Diagnostics Tools Market Size and Forecast, By Vehicle Type
    6.3. 1 Passenger Cars
    6.3.2 Commercial Vehicles
    7 Global Automotive Diagnostics Tools Market, By Region
    7.1 Global Automotive Diagnostics Tools Market Share Analysis, By Region
    7.2 Global Automotive Diagnostics Tools Market Share Analysis, By Region
    7.3 Global Automotive Diagnostics Tools Market Size and Forecast, By Region
    8 North America Automotive Diagnostics Tools Market Analysis and Forecast (2022-2027)
    8.1 Introduction
    8.2 North America Automotive Diagnostics Tools Market Share Analysis, By Type
    8.3 North America Automotive Diagnostics Tools Market Size and Forecast, By Vehicle Type
    8.4 North America Automotive Diagnostics Tools Market Size and Forecast, By Country
    8.5.1 U.S.
    8.6.2 Canada
    9.7.3 Mexico
    9 Europe Automotive Diagnostics Tools Market Analysis and Forecast (2022-2027)
    9.1 Introduction
    9.2 Europe Automotive Diagnostics Tools Market Share Analysis, By Type 
    9.3 Europe Automotive Diagnostics Tools Market Size and Forecast, By Vehicle Type 
    9.4 Europe Automotive Diagnostics Tools Market Size and Forecast, By Country
    9.5.1 Germany
    9.6.2 France
    9.7.3 UK
    9.8.4. Rest of Europe
    10 Asia Pacific Automotive Diagnostics Tools Market Analysis and Forecast (2022-2027)
    10.1 Introduction
    10.2 Asia Pacific Automotive Diagnostics Tools Market Share Analysis, By Type 
    10.3 Asia Pacific Automotive Diagnostics Tools Market Size and Forecast, By Vehicle Type 
    10.4 Asia Pacific Automotive Diagnostics Tools Market Size and Forecast, By Country
    10.5.1 China 
    10.6.2 Japan
    10.7.3 India
    10.8.4. Rest of Asia Pacific
    11 Latin America Automotive Diagnostics Tools Market Analysis and Forecast (2022-2027)
    11.1 Introduction
    11.2 Latin America Automotive Diagnostics Tools Market Share Analysis, By Type 
    11.3 Latin America Automotive Diagnostics Tools Market Size and Forecast, By Vehicle Type 
    11.4 Latin America Automotive Diagnostics Tools Market Size and Forecast, Country
    11.5.1. Brazil
    11.6.2. Rest of Latin America
    12 Middle East Automotive Diagnostics Tools Market Analysis and Forecast (2022-2027)
    12.1 Introduction
    12.2 Middle East Automotive Diagnostics Tools Market Share Analysis, By Type 
    12.3 Middle East Automotive Diagnostics Tools Market Size and Forecast, By Vehicle Type 
    12.4 Middle East Automotive Diagnostics Tools Market Size and Forecast, By Country
    12.5.1. Saudi Arabia
    12.6.2. UAE
    12.7.3. Egypt
    12.8.4. Kuwait
    12.9.5. South Africa
    13 Competitive Analysis
    13.1 Competition Dashboard
    13.2 Market share Analysis of Top Vendors
    13.3 Key Development Strategies
    14Company Profiles
    14.1 ACTIA Group
    14.1.1 Overview
    14.1.2 Offerings
    14.1.3 Key Financials
    14.1.4 Business Segment & Geographic Overview
    14.1.5 Key Market Developments
    14.1.6 Key Strategies
    14.2. Delphi Automotive PLC.
    14.2.1 Overview
    14.2.2 Offerings
    14.2.3 Key Financials
    14.2.4 Business Segment & Geographic Overview
    14.2.5 Key Market Developments
    14.2.6 Key Strategies
    14.3. Continental AG
    14.3.1 Overview
    14.3.2 Offerings
    14.3.3 Key Financials
    14.3.4 Business Segment & Geographic Overview
    14.3.5 Key Market Developments
    14.3.6 Key Strategies
    14.4 Robert Bosch GmbH
    14.4.1 Overview
    14.4.2 Offerings
    14.4.3 Key Financials
    14.4.4 Business Segment & Geographic Overview
    14.4.5 Key Market Developments
    14.4.6 Key Strategies
    14.5 Snap-On Incorporated
    14.5.1 Overview
    14.5.2 Offerings
    14.5.3 Key Financials
    14.5.4 Business Segment & Geographic Overview
    14.5.5 Key Market Developments
    14.5.6 Key Strategies
    14.6 Denso Corporation
    14.6.1 Overview
    14.6.2 Offerings
    14.6.3 Key Financials
    14.6.4 Business Segment & Geographic Overview
    14.6.5 Key Market Developments
    14.6.6 Key Strategies
    14.7 Vector Informatik GmbH
    14.7.1 Overview
    14.7.2 Offerings
    14.7.3 Key Financials
    14.7.4 Business Segment & Geographic Overview
    14.7.5 Key Market Developments
    14.7.6 Key Strategies 
    14.8 Softing AG
    14.8.1 Overview
    14.8.2 Offerings
    14.8.3 Key Financials
    14.8.4 Business Segment & Geographic Overview
    14.8.5 Key Market Developments
    14.8.6 Key Strategies
    14.9 KPIT Technologies Ltd
    14.9.1 Overview
    14.9.2 Offerings
    14.9.3 Key Financials
    14.9.4 Business Segment & Geographic Overview
    14.9.5 Key Market Developments
    14.9.6 Key Strategies
    14.10 Hella KGaA Hueck & Co
    14.10.1 Overview
    14.10.2 Offerings
    14.10.3 Key Financials
    14.10.4 Business Segment & Geographic Overview
    14.10.5 Key Market Developments
    14.10.6 Key Strategies