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Automotive Diagnostic Scan Tools Market Analysis

  • Report ID: GMI3262
  • Published Date: Jan 2024
  • Report Format: PDF

Automotive Diagnostic Scan Tools Market Analysis

Based on vehicle type, the electric locomotive segment held over 70% of the market share in 2023, attributed to the rising complexity of modern vehicle systems and the increasing emphasis on maintenance and performance optimization. With the demand for effective diagnostic solutions in passenger vehicles continuing to grow, manufacturers are focusing on developing user-friendly and technologically advanced tools to meet specific needs, adding to the segment growth.
 

Automotive Diagnostic Scan Tools Market Share, By Tool Type, 2023

Based on tool type, the professional diagnostic segment accounted for 57% of the automotive diagnostic scan tools market share in 2023, fueled by the comprehensive capabilities, sophisticated features, and widespread adoption offered by professional diagnostics to automotive professionals and service centers. These tools also offer advanced diagnostics, real-time data analysis, and efficient troubleshooting for meeting the demanding requirements of professional technicians.
 

Germany Automotive Diagnostic Scan Tools Market Size, 2022 -2032, (USD Billion)

Europe automotive diagnostic scan tools market recorded around 30% of the revenue share in 2023, driven by the presence of a robust automotive industry and the strong focus on technological advancements. The stringent regulations regarding vehicle emissions and safety standards are propelling the demand for sophisticated diagnostic tools.
 

Additionally, several companies are proactively introducing innovative solutions, making Europe a key contributor to the market expansion. For instance, in 2023, Anyline launched the Tire Sidewall Scanner for capturing comprehensive tire sidewall information in one photo. Designed for tire inventory management and hotels, the new tool streamlines workflows by digitizing analog tire data.
 

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of automotive diagnostic scan tools reached USD 38.8 billion in revenue in 2023 and is set to grow at over 5.5% CAGR from 2024 to 2032, attributed to the surging global vehicle production and the escalating complexity of automotive systems.

The professional diagnostic segment held 57% of the market share in 2023, owing to their comprehensive capabilities and sophisticated features offered to automotive professionals and service centers.

Europe accounted for 30% of the market share in 2023, driven by the presence of a robust automotive industry and the strong focus on technological advancements.

Some major automotive diagnostic scan tool companies are Autel Intelligent Technology Corp., Ltd, Actron, Bosch Automotive Service Solutions Inc., Continental AG, AVL DiTEST GmbH, Denso Corp., Delphi Technologies, Launch Tech UK Ltd., and Softing AG.

Automotive Diagnostic Scan Tools Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 548
  • Countries covered: 23
  • Pages: 200
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