Automotive Diagnostic Tools Market
Automotive Diagnostic Tools Market Size, Share & Trends Analysis Report by Type (On-Board Diagnostics (OBD), Electric System Analyzer, and Scan Tool), by Product Type (Diagnostic Equipment/Hardware, and Diagnostic Software), and by Vehicle Type (Passenger Vehicles, and Commercial Vehicles) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
Automotive diagnostic tools market is anticipated to grow at a significant CAGR of 5.6% during the forecast period. One of the key factors fuelling the market includes the rising technological advancement in the automobile industry. Vehicle making has become gradually complex with more applications of technologies such as advanced driver assistance systems (ADAS) and electronic control modules. Such development has raised a lot of technical challenges in the diagnosis process for regular end-users. Hence, the automotive diagnostic tools with the provision of standard fault codes and other services offer a simple interface to customers for concluding the actual issues with the vehicle and avoid unnecessary workshop repair which can make minor problems expensive. This has resolved a lot of repairing issues in the service and manufacturing department which is reflected in the rising demand and development in the market. For instance, in March 2021, Robert Bosch GmbH launched ADS 625 X which does DTC scans of all systems within 60 seconds on average, while complete scans take 30 seconds or less. The scan tool offers technicians advanced vehicle coverage across a broad range of domestic, European, and Asian vehicles.
Segmental Outlook
The global automotive diagnostic tools market is segmented based on type, product type, and vehicle type. Based on the type, the market is segmented into on-board diagnostics (OBD), electric system analyzers, and scan tools. Based on the product type, the market is bifurcated into diagnostic equipment/ hardware and diagnostic software. Based on the vehicle type, the market is sub-segmented into passenger vehicles and commercial vehicles. The above-mentioned segments can be customized as per the requirements. Among the type segment, the OBD sub-segment is anticipated to grow at a considerable CAGR during the forecast period due to the growing implementation of rules and regulations by the government across the globe.
Among the vehicle type, the passenger vehicle segment is anticipated to hold a prominent share in the market owing to the increasing demand for high-tech features in passenger vehicles across the globe. The demand for high-end features has grown exponentially in the passenger vehicle section globally, which has contributed to the high growth in the sales of passenger vehicles. As per the sales report of Organisation Internationale des Constructeurs d'Automobiles (OICA), around 56.4 million passenger cars sold in 2021. With such high sales, the workload on service centers has also grown significantly which propels the adoption of more diagnostic tools to enhance work performance. Due to such benefits, key market players are also inclined toward launching new products and concentrating on upgrading their portfolio to strengthen t customer base. For instance, in March 2021, Bosch extended its next generation of advanced automotive diagnostic tool portfolio with its new addition, ADS 625X which included a multipurpose docking station that charges the tablet and powers the VCI, offering seamless wireless updates and access for repairing information without needing to be connected to the vehicle.
Regional Outlooks
The global automotive diagnostic tools market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Europe is anticipated to grow significantly during the forecast period.
Global Automotive Diagnostic Tools Market Growth, by Region 2022-2028
The Asia-Pacific Region is Expected to Hold a Prominent Share in the Global Automotive Diagnostic Tools Market
Among all the regions, the Asia-Pacific is anticipated to hold a prominent share in the market during the forecast period owing to the presence of emerging countries such as China, India, Japan, South Korea, and others. The region is the largest automobile hub and holds on to the strong presence of key vehicle market players such as Toyota, Honda, Nio, Tata, and others. With the improving financial state of people, the vehicle market is booming, which is reflected in the high demand for automotive diagnostic tools in the region. Furthermore, major automotive brands are highly focused on establishing manufacturing facilities or introducing a range of vehicles in the region to cater to a huge customer base, which will directly accelerate the use of and demand for the market. For instance, in October 2019, Mercedes-Benz rolled out connected car technology in India available as an OBD port-based adapter followed by an embedded SIM-based system.
Market Players Outlook
The major companies serving the global automotive diagnostic tools market include Bosch Automotive Service Solutions, Inc., Continental Automotive GmbH, Delphi Powertrain Systems Operations Luxembourg S. à r.l., DENSO Corp., Snap-on Inc. group, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in September 2021, Delphi Technologies extended its diagnostic portfolio with an innovative, easy for using diagnostic tool offering service centers with an extensive suite of real-world data, diagnostic interrogations, and others.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global automotive diagnostic tools market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Bosch Automotive Service Solutions, Inc.
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. Continental Automotive GmbH
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. Delphi Powertrain Systems Operations Luxembourg S. à r.l.
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. DENSO Corp.
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. Snap-on Inc. group
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Automotive Diagnostic Tools Market by Type
4.1.1. On-Board Diagnostics (OBD)
4.1.2. Electric System Analyzer
4.1.3. Scan Tool
4.2. Global Automotive Diagnostic Tools Market by Product Type
4.2.1. Diagnostic Equipment/Hardware
4.2.2. Diagnostic Software
4.3. Global Automotive Diagnostic Tools Market by Vehicle Type
4.3.1. Passenger Vehicles
4.3.2. Commercial Vehicles
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. ACTIA Group
6.2. Autel Intelligent Technology Co.
6.3. AVL group
6.4. Carman Diagnostic Systems products
6.5. DG Technologies
6.6. Fluke Corp.
6.7. HELLA GmbH & Co. KGaA
6.8. KPIT Technologies Ltd
6.9. Softing Automotive Electronics GmbH
6.10. Vector Informatik GmbH
1. GLOBAL AUTOMOTIVE DIAGNOSTIC TOOLS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL ON-BOARD DIAGNOSTICS (OBD) MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL ELECTRIC SYSTEM ANALYZER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL SCAN AUTOMOTIVE DIAGNOSTIC TOOLS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL AUTOMOTIVE DIAGNOSTIC TOOLS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
6. GLOBAL AUTOMOTIVE DIAGNOSTIC EQUIPMENT/HARDWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL AUTOMOTIVE DIAGNOSTIC SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL AUTOMOTIVE DIAGNOSTIC TOOLS MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2021-2028 ($ MILLION)
9. GLOBAL AUTOMOTIVE DIAGNOSTIC TOOLS FOR PASSENGER VEHICLES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL AUTOMOTIVE DIAGNOSTIC TOOLS FOR COMMERCIAL VEHICLES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL AUTOMOTIVE DIAGNOSTIC TOOLS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. NORTH AMERICAN AUTOMOTIVE DIAGNOSTIC TOOLS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
13. NORTH AMERICAN AUTOMOTIVE DIAGNOSTIC TOOLS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
14. NORTH AMERICAN AUTOMOTIVE DIAGNOSTIC TOOLS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
15. NORTH AMERICAN AUTOMOTIVE DIAGNOSTIC TOOLS MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2021-2028 ($ MILLION)
16. EUROPEAN AUTOMOTIVE DIAGNOSTIC TOOLS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
17. EUROPEAN AUTOMOTIVE DIAGNOSTIC TOOLS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
18. EUROPEAN AUTOMOTIVE DIAGNOSTIC TOOLS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
19. EUROPEAN AUTOMOTIVE DIAGNOSTIC TOOLS MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2021-2028 ($ MILLION)
20. ASIA-PACIFIC AUTOMOTIVE DIAGNOSTIC TOOLS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
21. ASIA-PACIFIC AUTOMOTIVE DIAGNOSTIC TOOLS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
22. ASIA-PACIFIC AUTOMOTIVE DIAGNOSTIC TOOLS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC AUTOMOTIVE DIAGNOSTIC TOOLS MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2021-2028 ($ MILLION)
24. REST OF THE WORLD AUTOMOTIVE DIAGNOSTIC TOOLS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
25. REST OF THE WORLD AUTOMOTIVE DIAGNOSTIC TOOLS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
26. REST OF THE WORLD AUTOMOTIVE DIAGNOSTIC TOOLS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
27. REST OF THE WORLD AUTOMOTIVE DIAGNOSTIC TOOLS MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2021-2028 ($ MILLION)
1. GLOBAL AUTOMOTIVE DIAGNOSTIC TOOLS MARKET SHARE BY TYPE, 2021 VS 2028 (%)
2. GLOBAL ON-BOARD DIAGNOSTICS (OBD) TOOLS MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL ELECTRIC SYSTEM ANALYZER MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL SCAN AUTOMOTIVE DIAGNOSTIC TOOLS MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL AUTOMOTIVE DIAGNOSTIC TOOLS MARKET SHARE BY PRODUCT TYPE, 2021 VS 2028 (%)
6. GLOBAL AUTOMOTIVE DIAGNOSTIC EQUIPMENT/HARDWARE MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL AUTOMOTIVE DIAGNOSTIC SOFTWARE MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL AUTOMOTIVE DIAGNOSTIC TOOLS MARKET SHARE BY VEHICLE TYPE, 2021 VS 2028 (%)
9. GLOBAL AUTOMOTIVE DIAGNOSTIC TOOLS FOR PASSENGER VEHICLES MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL AUTOMOTIVE DIAGNOSTIC TOOLS FOR COMMERCIAL VEHICLES MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL AUTOMOTIVE DIAGNOSTIC TOOLS MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. US AUTOMOTIVE DIAGNOSTIC TOOLS MARKET SIZE, 2021-2028 ($ MILLION)
13. CANADA AUTOMOTIVE DIAGNOSTIC TOOLS MARKET SIZE, 2021-2028 ($ MILLION)
14. UK AUTOMOTIVE DIAGNOSTIC TOOLS MARKET SIZE, 2021-2028 ($ MILLION)
15. FRANCE AUTOMOTIVE DIAGNOSTIC TOOLS MARKET SIZE, 2021-2028 ($ MILLION)
16. GERMANY AUTOMOTIVE DIAGNOSTIC TOOLS MARKET SIZE, 2021-2028 ($ MILLION)
17. ITALY AUTOMOTIVE DIAGNOSTIC TOOLS MARKET SIZE, 2021-2028 ($ MILLION)
18. SPAIN AUTOMOTIVE DIAGNOSTIC TOOLS MARKET SIZE, 2021-2028 ($ MILLION)
19. REST OF EUROPE AUTOMOTIVE DIAGNOSTIC TOOLS MARKET SIZE, 2021-2028 ($ MILLION)
20. INDIA AUTOMOTIVE DIAGNOSTIC TOOLS MARKET SIZE, 2021-2028 ($ MILLION)
21. CHINA AUTOMOTIVE DIAGNOSTIC TOOLS MARKET SIZE, 2021-2028 ($ MILLION)
22. JAPAN AUTOMOTIVE DIAGNOSTIC TOOLS MARKET SIZE, 2021-2028 ($ MILLION)
23. SOUTH KOREA AUTOMOTIVE DIAGNOSTIC TOOLS MARKET SIZE, 2021-2028 ($ MILLION)
24. REST OF ASIA-PACIFIC AUTOMOTIVE DIAGNOSTIC TOOLS MARKET SIZE, 2021-2028 ($ MILLION)
25. REST OF THE WORLD AUTOMOTIVE DIAGNOSTIC TOOLS MARKET SIZE, 2021-2028 ($ MILLION)
