Automotive Diagnostic Scan Tools Market Revenue and Value Chain 2015-2025

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The electrification of automotive components is increasing rapidly as the consumers’ preference is shifting from manual functions to sophisticated automated systems. Such technological changes are increasingly demanding for tools which can detect the problem or the malfunctioning of electronic system used in cars with ease.

Automotive

Diagnostic Scan

Tools Market

Share, Global Trends,

Analysis, Research, Report,

Opportunities,

Segmentation and Forecast,

20152025

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Report Description

The electrification of automotive components is increasing rapidly as the consumers’ preference

is shifting from manual functions to sophisticated automated systems. Such technological

changes are increasingly demanding for tools which can detect the problem or the

malfunctioning of electronic system used in cars with ease. Automotive diagnostic scan tool are

set of electronic devices and software which are used to interface with diagnose systems.

Automotive diagnostic tools are also used to reprogram and upgrade the vehicle control

modules. Nowadays, number of companies are engage in manufacturing of diagnostic scan tools

with multifunctional capabilities which can read from simple codes to highly complex codes

while performing powertrain, chassis and body diagnostics. Automotive diagnostic scan tools are

widely used in vehicle service station for all types of vehicles ranging from passenger vehicle car

to heavy commercial vehicle to agriculture vehicles.

Automotive Diagnostic Scan Tools Market: Drivers & Restraints

Global automotive diagnostic scan tools market value represent significant growth in upcoming

years as a result of increasing number of vehicle in operations worldwide. Additionally,

increasing electrification of vehicles is fuelling demand for diagnostic systems. Implementation

of new communication technology within the automotive diagnostic scan tool is expected to

grow demand for diagnostic scan software as well. Growing number of service station,

increasing awareness about the sophisticated technology along with the other macroeconomic

factors are expected to contribute in the growth of the automotive diagnostic tools market.


Report Description

However, increased complexity of automotive electronic system architecture is expected to be

the major challenge for the growth of the global automotive diagnostic scan tool market.

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502

Automotive Diagnostic Scan Tools Market: Segmentation

Global automotive diagnostic scan tools market is segmented on the basis of geography and

product type. The product type segment of the automotive diagnostic scan tools market is

further segmented into diagnostic scan equipment and diagnostic scan software. The

automotive diagnostic scan tool is the predominant segment of the global automotive diagnostic

scan tools market which is expected to maintain the largest share during the forecast period

2015 to 2025.

Automotive Diagnostic Scan Tools Market: Overview

The automotive diagnostic scan tools market is expected to grow with CAGR of 6% to 8% over

the forecast period 2015 to 2025 as impact of various factors such as increasing vehicle in

operation, growing number of vehicle service stations, etc.


Report Description

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Automotive Diagnostic Scan Tools Market: Region-wise Outlook

The global automotive diagnostic system market is geographically segmented into seven key

regions which are, North America, South America, Eastern Europe, Western Europe, Asia Pacific,

Japan and Middle East & Africa. As of 2014, North America dominated the market followed by

Europe, Asia-Pacific and Japan respectively. As per the growth rate the North America

dominates the market followed by Europe Asia Pacific and Japan.

Automotive Diagnostic Scan Tools Market: Key Players

Acquisitions and mergers are key strategies adopted by major companies to expand their

geographical presence and market share. Some of the key market players in global automotive

diagnostic scan tool markets are Denso Corp., Snap-On Inc., SPX Corp., Softing AG, Actia Group

SA, Avl List GmbH, Dg Technologies, Dsa Daten- Und Systemtechnik GmbH, Etas GmbH, General

Technologies Corp, Hickok Inc., Bosch Automotive Service Solutions, Inc.

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