The Diagnostic Scan Tools Market, estimated at USD 40.07 Bn in 2025, is expected to exhibit a CAGR of 7% and reach USD 64.34 Bn by 2032.
The market growth is fueled by the increasing demand for intelligent, connected, and sustainable transportation solutions, along with shifting mobility trends and wider adoption across passenger and commercial segments. Innovations in vehicle connectivity, automation, and electrification, supported by strategic investments, are enhancing safety, efficiency, and user experience. Furthermore, favorable government policies, rapid infrastructure upgrades, and the push toward greener mobility are accelerating market expansion and unlocking new growth avenues for industry participants.
Passenger cars segment held dominant position in the global Diagnostic Scan Tools Market in 2022, accounting for 33.4% share in terms of value, increasing demand and production is expected to propel growth of the segment during the forecast period.
Global Diagnostic Scan Tools Market: Competitive Landscape
Actia SA, AVL List GmbH, Continental AG, Delphi Automotive PLC, Denso Corporation, Hickok Incorporated, Kpit Technologies, Robert Bosch GmbH, Snap on Incorporated, and Softing AG
Global Diagnostic Scan Tools Market: Recent Developments
- In November 2021, SPX Corporation is a supplier of highly engineered products and technologies acquired Cincinnati Fan from Dominus Capital manufacturer of industrial fans and air moving solutions. This highly strategic acquisition expands HVAC cooling platform into an attractive engineered air movement market.
- In December 2021, Softing AG, Germany-based software and systems company launched a new version of the Softing TDX repair shop tester kit. The new version makes it possible to define mandatory updates for programs and content, handle VCI configurations more conveniently. In January 2022, Robert Bosch Gmbh signed a memorandum of understanding with Volkswagen Group to establish a battery equipment manufacturing unit in Europe.
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