Home > Automotive > Aftermarket > Tools and Equipment > Automotive Diagnostic Scan Tools Market

Automotive Diagnostic Scan Tools Market Trends

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

Download Free Sample

Automotive Diagnostic Scan Tools Market Trends

Remote diagnostics is a key trend steering the automotive diagnostic scan tools industry forward. Rapid technological advancements are enabling real-time monitoring and analysis of vehicle systems, allowing efficient issue detection and resolution from a distance. Remote diagnostics also enhance the speed of troubleshooting while contributing to reduced downtime and maintenance costs. This trend is further helping to leverage digital solutions for effective and timely vehicle diagnostics.

For instance, in 2023, Repairify, Kinderhook Industries' portfolio company, launched the asTech All-In-One solution for automotive calibrations, diagnostics, and programming. This comprehensive tablet-based tool offers both local and remote capabilities, supporting asTech remote OEM tools, OEM Compatible* diagnostics, and ADAS calibrations for streamlining the repair process for enhanced efficiency and convenience.

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.