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    Automotive Diagnostic Scan Tools Market Report

    Automotive Diagnostic Scan Tools Market Report
    Report code - SRTI215 Delivery - 2 Weeks
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    Automotive Diagnostic Scan Tools Market Size, Share, Trend, Forecast, & Industry Analy See more...

    Impact of COVID-19 on Automotive Diagnostic Scan Tools Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Automotive Diagnostic Scan Tools Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Automotive Diagnostic Scan Tools Market is likely to witness a steady CAGR of over 5%, during the forecast period. Over the years, there has been an exceptional surge in the production and sales of vehicles along with a steady increase in the number of automotive workshops, which has simultaneously bolstered the automotive diagnostic scan tools market, across the globe. Further, the growing adoption of electric, connected, and hybrid vehicles has increased the number of electronic sensors and software in vehicles, ushering the automotive industry into a sea change, right from hardware machines to software electronic devices. And consequently, the transformations brought in by these machines have increased the impending risks of malfunctions, owing to errors in programming codes that run the vehicle control modules, thus positively creating a robust impact on the demand for the market.

    Automotive Diagnostic Scan Tools Market – Snapshot

    Growth

    >5% for the next five years

    Major Tool Type

    Professional Diagnostic Tool

    Dominant Vehicle Type

    Commercial Vehicle

    Region with the highest demand

    Europe

    Key Players

    ACTIA Group, Autel Intelligent Technology Corp., Ltd., BorgWarner Inc., Bosch Automotive Service Solutions Inc., Continental AG, DENSO EUROPE, DG Technologies, Launch Tech UK, Snap-on Incorporated, and Softing AG.

    Segment Analysis

    Automotive-Diagnostic-Scan-Tools-Market-Dominant-Segments

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    Automotive Diagnostic Scan Tools Market Share: By Application Type

    Based on the application type, the market is segmented into automatic crash notification, vehicle tracking, vehicle health alert & roadside assistance, repair and maintenance, emission control and others. Among these applications, it is estimated that the emission control sub-segment is likely to grow significantly at an exponential CAGR, during the forecast period, largely due to the declining air quality index (AQI), across the globe. Also, there are several stringent government norms focused on the control of vehicular emission control, which is boosting the market growth.

    Automotive Diagnostic Scan Tools Market Share: By Vehicle Type

    Based on the vehicle type, the market is segmented into passenger vehicle and commercial vehicle. Between these applications, the commercial vehicle sub-segment is expected to gain the maximum traction in the market over the forecast period. The growth of the sub-segment can be attributed to the stringent emission control protocol as laid by governments to be followed by large number of commercial vehicles (heavy and light), which ensures that vehicles necessarily meet the emission standards as set by the government.

    Automotive Diagnostic Scan Tools Market Share: By Tool Type

    Based on the tool type, the market is segmented into professional diagnostic, DIY diagnostic, and OEMs diagnostic. Among these tool types, the professional diagnostic tool is expected to be the dominant sub-segment of the market during the forecast period. Also, it is anticipated that the OEM diagnostic tool market sub-segment is likely to witness substantial growth, over the forecast period, due to the growing trend of forward integration among automobile manufacturers.

    Automotive Diagnostic Scan Tools Market Share: By Region

    In terms of regions, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the world. Among these regions, Europe is expected to be dominant throughout the forecast period. The market growth in this region is majorly attributed to the presence of a large number of prominent automobile manufacturers and OEMs coupled with the rapid increase in the production and sale of vehicles. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

    Automotive-Diagnostic-Scan-Tools-Market-By-Region

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    Market Scope & Segmentation

    An automotive scan tool is an electronic device that is primarily used as a vehicular interface, in order to reprogram and diagnose the vehicular control modules.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Automotive Diagnostic Scan Tools Market Research Report - Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The automotive diagnostic scan tools market is segmented into the following categories. 

    Automotive Diagnostic Scan Tools Market Size, Share, & Forecast, by Offering Type:

    • Diagnostic Hardware
      • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
      • Type Analysis: Scanner, Code Reader, Tester, Analyzer, and Others
    • Diagnostic Software
      • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
      • Type Analysis: ECU Diagnosis Software, Vehicle Tracking and Emissions Analysis Software, Vehicle System Testing Software, and Others
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Automotive Diagnostic Scan Tools Market Size, Share, & Forecast, by Application Type:

    • Automatic Crash Notification (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Vehicle Tracking (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Vehicle Health Alert & Roadside Assistance (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Repair and Maintenance (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Emission Control (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Automotive Diagnostic Scan Tools Market Size, Share, & Forecast, by Vehicle Type:

    • Passenger Vehicle (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Commercial Vehicle (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Automotive Diagnostic Scan Tools Market Size, Share, & Forecast, by Tool Type:

    • Professional Diagnostic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • DIY Diagnostic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • OEMs Diagnostic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Automotive Diagnostic Scan Tools Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Key Players

    Some of the key players in the automotive diagnostic scan tools market are-

    • ACTIA Group
    • Autel Intelligent Technology Corp., Ltd.
    • BorgWarner Inc.
    • Bosch Automotive Service Solutions Inc.
    • Continental AG
    • DENSO EUROPE
    • DG Technologies
    • Launch Tech UK
    • Snap-on Incorporated
    • Softing AG.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation by any one of the offering types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

    Frequently Asked Questions (FAQs)

    The automotive diagnostic scan tools market is expected to witness an impressive growth of 5% CAGR in the foreseeable future.

    ACTIA Group, Autel Intelligent Technology Corp., Ltd., BorgWarner Inc., Bosch Automotive Service Solutions Inc., Continental AG, DENSO EUROPE, DG Technologies, Launch Tech UK, Snap-on Incorporated, and Softing AG are among the key players in the automotive diagnostic scan tools market.

    Europe is expected to remain dominant in the automotive diagnostic scan tools market during the forecast period.

    The professional diagnostic tool is expected to remain dominant in the automotive diagnostic scan tools market in the coming years.

    The commercial vehicle sub-section is expected to gain the maximum traction in the automotive diagnostic scan tools market in the next five years.

    The presence of a large number of prominent automobile manufacturers and OEMs coupled with the rapid increase in the production and sale of vehicles are the factors driving the growth of automotive diagnostic scan tools market in European region.

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