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Automotive Diagnostic Scan Tools Market to Hit US$ 50.12 Billion by 2028, with a CAGR of 5.98% – Exclusive Report by IMARC Group

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Automotive Diagnostic Scan Tools Market to Hit US$ 50.12 Billion by 2028, with a CAGR of 5.98% – Exclusive Report by IMARC Group

March 13
20:04 2023
Automotive Diagnostic Scan Tools Market to Hit US$ 50.12 Billion by 2028, with a CAGR of 5.98% - Exclusive Report by IMARC Group
Automotive Diagnostic Scan Tools Market Report by IMARC Group
The report has segmented the global automotive diagnostic scan tools market on the basis of offering type, tool type, propulsion type, vehicle type and region.

The global automotive diagnostic scan tools market size reached US$ 35.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 50.12 Billion by 2028, exhibiting a growth rate (CAGR) of 5.98% during the forecast period, according to a new report by IMARC Group. Automotive diagnostic scan tools are electronic devices used to diagnose and identify issues in a vehicle’s electronic systems. These tools are designed to read and interpret data from the vehicle’s onboard computer systems, including the engine, transmission, and emissions control systems. 

Market Outlook:

Automotive diagnostic scan tools are essential for mechanics and technicians to accurately diagnose and repair issues with a vehicle’s electronic systems. These tools can be handheld devices or software programs that run on a computer or mobile device. They connect to the vehicle’s computer systems through a wired or wireless connection, thus allowing for real-time data monitoring and analysis.

Industry Trends:

The increasing complexity of modern vehicles represents a significant factor driving the market growth across the globe. This is primarily attributed to the proliferation of electronic systems and the internet of things (IoT) in cars. In addition to this, the rising demand for efficient and accurate diagnostics is contributing to the growth of the market. In line with this, the market is also driven by the increasing need to comply with regulatory standards. Other factors, such as the increasing popularity of electric and hybrid vehicles, the increase in the number of service stations and workshops, the rising electrification of vehicles, and strict government initiatives, are creating a positive outlook for the market.

Request Sample Pages: https://www.imarcgroup.com/automotive-diagnostic-scan-tools-market/requestsample

Key Market Players:

  • Actia Group (EPA: ALATI)
  • Autel Intelligent Technology Corp. Ltd. (SHA: 688208)
  • AVL DiTEST GmbH (AVL List GmbH)
  • Continental AG (OTCMKTS: CTTAY)
  • Delphi Technologies (BorgWarner Inc.) (NYSE: BWA)
  • Fluke Corporation (Fortive Corporation)
  • Robert Bosch GmbH (Robert Bosch Stiftung GmbH)
  • Snap-On Incorporated (NYSE: SNA)
  • Softing AG (ETR: SYT)

 

Automotive Diagnostic Scan Tools Market Segmentation:

The report has segmented the market into the following categories:

 

Breakup by Offering Type:

  • Diagnostic Hardware
    • Scanner
    • Analyzer
    • Tester
    • Code Reader
    • Others
  • Diagnostic Software
    • Vehicle System Testing Software
    • Vehicle Tracking and Emissions Analysis
    • Others
  • Diagnostic Services
    • Vehicle Maintenance and Repair
    • Custom, Training, Support and Integration

 

Breakup by Tool Type:

  • DIY Diagnostic
  • OEMS Diagnostics
  • Professional Diagnostics

 

Breakup by Propulsion Type:

  • IC Engine Vehicles
  • Electric Vehicles

 

Breakup by Vehicle Type

  • Passenger Vehicle
  • Commercial Vehicle

 

Breakup by Region:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

 

Explore Report Description with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=7052&flag=C

 

Key Highlights of the Report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

 

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

 

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About US:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Phone: +1-631-791-1145
Address:134 N 4th St.
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

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