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Construction Equipment Diagnostics Market Share

  • Report ID: GMI12521
  • Published Date: Dec 2024
  • Report Format: PDF

Construction Equipment Diagnostics Market Share

Actia and Launch Tech hold a market share of over 30% in the market. Actia and Launch Tech have successfully secured a substantial share of the market by offering advanced diagnostic tools. These tools not only enhance the reliability and safety of construction machinery but also boost operational efficiency. By addressing the varied needs of the market, ranging from individual equipment operators to expansive fleets, and bolstering their offerings with robust after-sales services, both companies have solidified their competitive stance in the expanding construction equipment diagnostics arena.
 

Jaltest and Texa hold significant share of the global market, offering advanced diagnostic solutions and maintaining a robust presence in sectors like construction, agriculture, and commercial vehicles. Their strong customer trust, global reach, and commitment to technological innovation solidify their leadership in the market. The diagnostic kits and systems they provide play a pivotal role in enhancing equipment uptime, curbing operational costs, and ensuring construction machinery runs at optimal efficiency, underscoring their high demand in the industry.
 

Construction Equipment Diagnostics Market Companies

Major players operating in the construction equipment diagnostics industry include:

  • Actia
  • Autel
  • Bosch
  • Cando International
  • GuangZhou GuoLi Engineering Machinery
  • Heavy Diagnostics
  • iCarsoft Technology Inc.
  • Jaltest
  • Launch Tech Co
  • Metsim Pro
     
Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The global construction equipment diagnostics market was valued at USD 2.7 billion in 2024 and is projected to reach USD 5.2 billion by 2034, driven by a CAGR of 7.1% from 2025 to 2034.

The hardware segment held over 45% market share in 2024 and is expected to exceed USD 2 billion by 2034, driven by the industry's demand for precise data collection and connected devices.

North America dominated the market with over 33% share in 2024, driven by robust demand for advanced construction machinery and technological innovation.

Major players in the industry include Actia, Autel, Bosch, Cando International, GuangZhou GuoLi Engineering Machinery, Heavy Diagnostics, iCarsoft Technology Inc., Jaltest, Launch Tech Co, and Metsim Pro.

Construction Equipment Diagnostics Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 15
  • Tables & Figures: 200
  • Countries covered: 21
  • Pages: 175
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