Diagnostic Scan Tools Market

Automotive diagnostic scan tools have applications in service stations and workstations, for diagnosing automotive conditions. Growing structural complexity of vehicles, replacement of mechanical systems with the electrical components, and growing number of electronic control units have led to increasing demand for these systems in workshops and other services centers to reduce the effort and time required for maintenance of the vehicle.

Market Dynamics:

Growing stringency of regulations regarding emission and economy standards, primarily in Europe and North America, to reduce carbon footprints have led to increasing demand for effective maintenance of the vehicles. For instance, U.S. Environmental Protection Agency, lists the federal emission and related sulfur standards, require utilization of advanced components and engine architecture. According to Coherent Market Insights’ analysis, number of ECUs in a high end or luxury cars can reach up to 150. Requirement to efficiently diagnose the problems with the help of diagnostic scan tools is expected to be among the prominent growth drivers of the market. Moreover, ability of the advanced systems to diagnose problems in multiple automotive models utilizing a single scanner has also led to significant increase in adoption of the systems at service centers is fueling growth of the global diagnostic scan tools market.

Key features of the study:

• This report provides in-depth analysis of the global diagnostic scan tools market , and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global diagnostic scan tools market  based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global diagnostic scan tools market  report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global diagnostic scan tools market

Detailed Segmentation:

• Global Diagnostic Scan Tools Market, By Product Type:
  • Diagnostic Equipment (Hardware)
  • Diagnostic Software
  • Repair & Diagnostic Data
• Global Diagnostic Scan Tools Market, By Technology:
  • Handheld Scan Tool
  • Mobile Device Based Scan Tool
  • PC/Laptop Based Scan Tool
  • Data Loggers
  • Emission Testing
  • Drivers’ Supplementary Vehicle Instrumentation
  • Vehicle Telematics
• Global Diagnostic Scan Tools Market, By End Use:
  • Workshop & Service Centers
  • In-house test centers
  • Global Diagnostic Scan Tools Market, By Vehicle Type:
  • Passenger Cars
  • Commercial Vehicles
• Global Diagnostic Scan Tools Market, By Geography
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
  • Actia SA
  • AVL List GmbH
  • Continental AG
  • Delphi Automotive PLC
  • Denso Corporation
  • Hickok Incorporated
  • Kpit Technologies
  • Robert Bosch GmbH
  • Snap on Incorporated
  • Softing AG