Automotive Diagnostic Scan Tools Market Share 2019 to 2025 Status and Trend by Leading Companies, Regional Outlook
Nov 28, 2019
MarketStudyReport.com Adds New Report Automotive Diagnostic Scan Tools Market 2019 – 2025 research report providing information and data By Offering, Diagnostic Software, Diagnostic Services, By Application, Industry Analysis, Growth Potential, Competitive Market Share & Forecast spreading across 320 Pages with table and figures in it.
Delaware, Selbyville - November 28, 2019 /MarketersMedia/ —
Europe is anticipated to be the prominent region in the automotive diagnostic scan tools market with the market share of over 34% in 2018 and is estimated to attain more than USD 15 billion market size by 2025. The stringent government regulations related to vehicle emissions are driving the growth of the automotive diagnostic scan tools market in this region. In addition, the presence of prominent market players, such as Volkswagen, Renault, Audi AG, and Porsche, in these regions is also contributing to the growth. The increasing demand for passenger vehicles due to the increase in income has attracted other key automakers to manufacture their automobiles in this region.
Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/2057033/?utm_source=Marketersmedia.com-AN
The automakers and OEMs are investing heftily in R&D and adopting advanced technologies, such as AR and VR, to develop innovative diagnostic scan tools. For instance, in September 2016, Bosch automotive service solutions developed BEA 750, which uses augmented reality to increase the operational efficiency of workshops and service stations. The automotive diagnostic scan tools market is growing at a significant CAGR over the forecast period due to the growing demand for autonomous vehicles around the globe. For instance, in 2017, autonomous car sales were estimated to be 24.23 million units and are anticipated to reach 61.82 million units by 2024, growing at a CAGR of 14.4% between 2018 and 2024.
The Automotive Diagnostic Scan Tools market is projected to surpass USD 49 billion by 2025. The automotive diagnostic scan tools market growth is attributed to the stringent vehicle emission norms introduced by governments all over the globe. The increasing sales of vehicles will lead to continuous repair & maintenance activities to keep track of vehicle health and engine emissions, resulting in the growth of the automotive diagnostic scan tools market.
The diagnostic software will witness a significant growth rate of more than 7% in the automotive diagnostic scan tools market from 2019 to 2025. The diagnostic software is proliferating due to the increasing demand for in-car infotainment and passenger convenience. The growing demand for EVs and hybrid vehicles is also contributing to the growth of the diagnostic software.
Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/2057033/?utm_source=Marketersmedia.com-AN
In the application segment, the repair & maintenance is estimated to hold more than 37% market share in 2018 and is anticipated to reach over USD 16 billion by 2025. The increasing sales of new vehicles and the growing number of old vehicles are resulting in the rise in the number of service stations and workshops. The growing demand among enterprises to outsource diagnostic scan tools services and concentrate on the core business operations is propelling the demand for third-party repair & maintenance service providers. Intense competition among the market players and the growing need to provide enhanced customer experience are also encouraging repair & maintenance service providers to offer a wide range of professional services to gain customer loyalty.
The major players in the automotive diagnostic scan tools market are focusing on various business growth strategies such as new product development, mergers, acquisitions, and partnerships. This will enable them to expand their existing portfolio and increase their geographical presence. For instance, in May 2018, Siemens PLM Software partnered with the Michigan-based American Center for Mobility (ACM) that brings Siemens? Simulation and Test solution for Automotive to ACM to support virtual and physical testing and validation of automated and connected vehicles. The partnership enabled companies to enhance their capabilities in user experience, connected mobility, and add new customers to their portfolio. Some of the prominent players operating in the automotive diagnostic scan tools market are Actia Group SA, Autel Intelligent Technology Corp., Ltd., AVL List GmbH, BMW AG, Bosch Automotive Service Solutions Inc., Continental AG, Daimler AG, Delphi Automotive PLC, Denso Corporation, DG Technologies, Fluke Corporation, General Technologies Corporation, Hickok Incorporated, Honda Motor Company, Ltd., KPIT Technologies, Launch Tech UK, Snap-on Incorporated, Softing AG, Volkswagen AG, and Volvo Group.
The passenger vehicles in the automotive diagnostic scan tools market will grow at a CAGR of over 5% during the forecast timeline. The growth is attributed to the rise in disposable income in developing countries including Brazil, India, and Argentina. Additionally, the rapidly increasing urbanization, growing population, and the changing customer needs are proliferating the development of the existing transport infrastructure, leading to an increased sales of passenger vehicles.
The DIY diagnostic is anticipated to grow at the highest CAGR during the forecast timeline due to its operational efficiency and cost-effectiveness. The growth of the segment in the automotive diagnostic scan tools market is due to the increasing passion of owners about their vehicles. The automakers are building virtual interfaces to improve the automotive diagnostic experience at a personal level and improve the DIY diagnostic scan tools.
Table of content:
Chapter 1. Methodology & Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Scope
1.1.5. Definition
1.1.6. Methodology and forecast parameters
1.2. Data Sources
1.2.1. Primary
1.2.2. Secondary
1.2.2.1. Paid sources
1.2.2.2. Public sources
Chapter 2. Executive Summary
2.1. Automotive diagnostic scan tools industry 36 degree synopsis, 2014 - 2025
2.1.1. Regional trends
2.1.2. Diagnostic scan tools trends
2.1.3. Application trends
2.1.4. Vehicle type trends
2.1.5. Tool type trends
Chapter 3. Automotive Diagnostic Scan Tools Industry Insights
3.1. Introduction
3.2. Industry segmentation
3.3. Automotive diagnostic scan tools industry landscape
3.4. Industry ecosystem analysis
3.5. Evolution of automotive diagnostic scan tools
3.6. Automotive diagnostic scan tools roadmap
3.7. Technology & innovation landscape
3.7.1. Bluetooth OBD-II
3.7.2. Fuel system monitoring
3.7.3. Engine misfire detection system
3.7.4. EVAP system monitor
3.7.5. Catalyst efficiency monitor
3.7.6. Heated exhaust gas oxygen sensor monitors
3.7.7. Malfunction indicator lamp illumination (MIL)
3.7.8. Use of OBD in EVs
More Details on this Report At: https://www.marketstudyreport.com/reports/automotive-diagnostic-scan-tools-market
Related Report:
Global (United States, European Union and China) Automotive Diagnostic Scan Tools Market Research Report 2019-2025
This study presents the Automotive Diagnostic Scan Tools production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Contact Info:
Name: Arun Hegde
Email: Send Email
Organization: Market Study Report LLC
Address: 4 North Main Street, Selbyville, Delaware 19975 USA
Phone: 1-302-273-0910
Website: https://www.marketstudyreport.com
Source: MarketersMedia
Release ID: 88936407
More News
Young people want to know if they're neurodivergent. Here's what doctors say is going on
Mental health experts say they're seeing an increasing number of young patients leaning on advice from social media to connect symptoms to a potential diagnosis, even before consulting with a physician. While, they say they aren’t against patients getting information from online sources, they caution against treating symptoms without professional oversight.
Caribbean researchers win inaugural Caribbean Tourism Intelligence Award
The Caribbean Tourism Organization (CTO) has named Dr. Dalano DaSouza and Dr. Dennis Mc Call Jr. the recipients of its inaugural Caribbean Tourism Intelligence Award for research examining why Caribbean nationals choose international destinations over travel within the region. The 2026 award was announced at CTO’s State of the Tourism Industry Conference (SOTIC) in Guyana.
Visit Qatar puts UFC FIGHT NIGHT: PROCHAZKA vs STIRLING tickets on sale ahead of Doha event
Visit Qatar, in partnership with UFC®, the world’s premier mixed martial arts organisation, has announced that tickets for UFC® FIGHT NIGHT: PROCHÁZKA vs STIRLING are now available through the official Visit Qatar ticketing platform. The event takes place on Saturday 21 November 2026, at Ali Bin Hamad Al Attiyah Arena in Doha, Qatar.
Anguilla launches online booking and payment for licensed taxi and chauffeur transfers
Visitors and residents can reserve and pay online for licensed taxi and chauffeur services through RSVD | Transfers, a locally developed platform bringing digital convenience to Anguilla’s ground transportation sector. Developed by What We Do In Anguilla, the platform allows users to arrange airport and ferry transfers, transportation to restaurants and journeys to attractions before arrival or during their stay.
As more young couples say yes to lab-grown, are natural diamonds losing their sparkle?
At the end of the day, it all comes down to price. That is why Pat Chung prefers lab-grown diamonds. The 36-year-old Hongkonger says they are much cheaper than a natural diamond for the same quality and size and they are easier to source. “I searched for the exact colour, size and shape that I wanted and sent it to my jeweller,” Chung says, adding that more people are opting for lab-grown diamonds compared to a decade ago. The global trend shows how dramatically the diamond business has changed...
Holiday Travel Swiftly Approaches: Grab These 56 Things Now So You’re Not Panicking Next Month
If you have little kids and are unfamiliar with water-painting books...they are a total game changer. View Entire Post ›
27 Things Reviewers Have Worn On Their Beach Vacations
If you don't have a beach vacation booked before reading this, you might have one booked by the time you're done. View Entire Post ›
I grew up eating bowls of Chinese migration history. You?
The dining table disappeared beneath a lavish procession of dishes. Our family took food seriously. It was sacred, even. Dinner was never merely about eating. It was the one time each day when everyone was expected to gather, regardless of schedules, moods or whatever else the world demanded outside that room. At the centre sat the pièce de résistance: a whole steamed fish, usually sea bass, topped with ribbons of ginger and spring onion in a fragrant pool of oil and soy sauce. Alongside it were...
How China’s macabre practice of human sacrifice in burials came to an end
Archaeologists have long found a disturbing pattern in the graves of ancient rulers: the dead were sometimes accompanied by other dead. Around royal tombs, the remains of people – who appear to have been killed specifically to follow their masters into the afterlife – lie alongside precious objects and weapons. A new study from Egypt has brought this practice back into the news. At the ancient royal cemetery of Abydos, archaeologists re-examined the skulls of people buried around the tombs of...
Hong Kong rugby player and cancer survivor on why screening is key even for young and fit
When Sonia Chandiramani lost her mum to ovarian cancer in 2017, she found solace in an unexpected place: the rugby pitch. “I was spending five nights a week with my team, plus weekends,” says the 33-year-old Chandiramani, who had been playing since she was 14. “It was my second family. “At her funeral, people showed up, and it meant a lot,” she says. “It’s just a reminder that there are more families than just your family.” Two years later, Chandiramani and some fellow players established...
Martial arts action franchise Street Fighter is back … but who is its star Callina Liang?
Despite two much-maligned live-action film adaptations inspired by the popular fighting video game Street Fighter in the past several decades – its namesake 1994 film and Street Fighter: The Legend of Chun-Li (2009) – it seems Hollywood has yet to give up on the franchise. Paramount Pictures just premiered its live-action reboot film Street Fighter starring Andrew Koji, Noah Centineo, Jason Momoa and Callina Liang. The film’s plot follows the game’s fighter avatars Ryu (Koji) and his estranged...
8 top grooming tips, featuring Romeo Beckham’s hair, Dior and Chanel
Here are ways to keep yourself looking good and feeling fresh as we move into the cooler months. Our latest round-up of product releases from the world of beauty covers all the bases, from skincare and hair, to fragrances. Plus there’s a look at the undeniable cool of David Beckham’s second son, Romeo. Chanel Fans of Bleu de Chanel – the cooling scent remains a highly coveted men’s fragrance – can spray on the matching deodorant (HK$320) to ensure a harmonious olfactory profile throughout the...
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.