Global Automotive Diagnostic Scan Tools Market Size, Share, and COVID-19 Impact Analysis, By Offering (Diagnostic Equipment/Hardware, Diagnostic Software), By Connectivity (USB, Wi-Fi, Bluetooth), By Vehicle (Passenger Cars, Commercial Vehicles), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Industry: Automotive & Transportation

RELEASE DATE Jul 2024
REPORT ID SI5119
PAGES 210
REPORT FORMAT PathSoft

Global Automotive Diagnostic Scan Tools Market Insights Forecasts to 2033

  • The Global Automotive Diagnostic Scan Tools Market Size was Valued at USD 34.25 Billion in 2023
  • The Market Size is Growing at a CAGR of 6.52% from 2023 to 2033
  • The Worldwide Automotive Diagnostic Scan Tools Market Size is Expected to Reach USD 64.42 Billion by 2033
  • Europe is Expected to Grow the fastest during the forecast period.

Global Automotive Diagnostic Scan Tools Market

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The Automotive Diagnostic Scan Tools Market Size is Anticipated to Exceed USD 64.42 Billion by 2033, Growing at a CAGR of 6.52% from 2023 to 2033.

 

Market Overview

Automotive diagnostic scan tools are electronic equipment used to diagnose car faults. They assist in the reprogramming of car control modules as well as the detection and analysis of electronic system problems in a variety of vehicles. They are commonly used to diagnose and troubleshoot problems with car engines, transmissions, fuel systems, batteries, and other electronic systems. Automotive diagnostic scan tools are devices that communicate with a vehicle's onboard computer system to read and clear diagnostic trouble codes (DTCs), show live data and execute activities such as reprogramming and coding. They help reprogram vehicle control modules and discover and analyze electronic system problems in a variety of passenger and commercial vehicles. As a result, these tools are used in vehicle workshops and service stations by Advantage and DIY enthusiasts to diagnose defects. Recent advances in automotive technology, such as the integration of electronic systems, enhanced car sensors, automotive scan tools, and connection features, are fueling demand for sophisticated diagnostic scan tools capable of diagnosing complicated vehicle faults. Governments worldwide have implemented stringent emissions laws and safety standards, requiring car manufacturers to invest in diagnostic scan tools to assure compliance and meet regulatory criteria, boosting growth.

 

Report Coverage

This research report categorizes the market for the automotive diagnostic scan tools market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the automotive diagnostic scan tools market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the automotive diagnostic scan tools market.

 

Global Automotive Diagnostic Scan Tools Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 34.25 Billion
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :6.52%
2033 Value Projection:USD 64.42 Billion
Historical Data for:2019-2022
No. of Pages:210
Tables, Charts & Figures:105
Segments covered:By Offering, By Connectivity, By Vehicle, By Region and COVID-19 Impact Analysis.
Companies covered::ACTIA Group, Snap-on Incorporated, Softing AG, Robert Bosch GmbH, Delphi Technologies, Denso Corporation, SPX Corporation, Continental AG, SGS SA, Horiba, Ltd., and other key vendors.
Pitfalls & Challenges:COVID-19 Empact, Challenge, Future, Growth, & Analysis

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Driving Factors

The incorporation of artificial intelligence (AI) in automotive diagnostic scan equipment, which allows for more accurate and efficient repairs, real-time information for technicians, and increased predictive maintenance, is driving market expansion. Aside from that, the implementation of various government programmers for stringent emission laws has resulted in increased demand for diagnostic scan tools to help discover and troubleshoot emissions-related issues, which is positively driving market growth. Other factors, such as strong expansion in the automotive industry, expanding consumer spending capacity, and increased demand for high-end and luxurious automobiles, are expected to drive market growth even further.

 

Restraining Factors

The high cost of technologically advanced vehicle diagnostic scan instruments has limited product penetration across a wide range of consumers worldwide. In addition, the sophisticated operation of scan instruments necessitates highly qualified professionals, which further impedes their adoption by customers.

 

Market Segmentation

The automotive diagnostic scan tools market share is classified into offering, connectivity, and vehicle.

  • The diagnostic equipment/hardware segment is expected to hold the largest share of the automotive diagnostic scan tools market during the forecast period.   

Based on the offering, the automotive diagnostic scan tools market is categorized into diagnostic equipment/hardware, and diagnostic software. Among these, the diagnostic equipment/hardware segment is expected to hold the largest share of the automotive diagnostic scan tools market during the forecast period. The increasing vehicle population in both developed and emerging countries, as well as the increased complexity of car electronics, are driving this segment's rise. automobile diagnostic equipment/hardware tools are often physical instruments used to assess the state of various automobile hardware components. The increasing complexity of automobiles has boosted the demand for automotive diagnostic equipment/hardware in automobile workshops, resulting in the expansion of the automotive diagnostics equipment/hardware market.  

 

  • The Wi- Fi segment is expected to grow at the fastest CAGR during the forecast period.   

Based on the connectivity, the automotive diagnostic scan tools market is categorized into USB, Wi-Fi, and Bluetooth. Among these, the Wi- Fi segment is expected to grow at the fastest CAGR during the forecast period. Wi-Fi diagnostic tools provide the ease of wireless communication, allowing mechanics and car owners to quickly connect their cellphones, tablets, or laptop computers to the vehicle's onboard diagnostics system. This wireless functionality allows for more flexible and accessible diagnostics, including real-time data monitoring, remote diagnostics, and software updates without the use of physical cords.

 

  • The passenger cars segment is expected to hold a significant share of the automotive diagnostic scan tools market during the forecast period.

Based on the vehicle, the automotive diagnostic scan tools market is categorized into passenger cars, and commercial vehicles. Among these, the passenger cars segment is expected to hold a significant share of the automotive diagnostic scan tools market during the forecast period. With the development of handheld diagnostic instruments, DIY for small problems has gained traction in passenger vehicles. Consumers' living standards have risen over the last decade due to fast globalization and economic expansion in rising countries. Consumers' increased disposable income has boosted demand for passenger automobiles, propelling the passenger car market forward. OEMs such as General Motors, Ford, and Honda have released new passenger car models using a customer-centric strategy.

 

Regional Segment Analysis of the Global Automotive Diagnostic Scan Tools Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

Asia Pacific is projected to hold the largest share of the automotive diagnostic scan tools market over the forecast period.

Global Automotive Diagnostic Scan Tools Market

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Asia Pacific is projected to hold the largest share of the automotive diagnostic scan tools market over the forecast period. Asia Pacific has developed as an engine for vehicle manufacturing. Infrastructure development and industrialization operations in emerging economies have opened new doors, generating several prospects for car OEMs. In addition, the population's growing spending power has fueled demand for automobiles. Global OEMs like Volkswagen and General Motors serve this market through joint ventures with domestic manufacturers. The adoption of new technologies, the building of more manufacturing plants, and the development of value-added supply chains between manufacturers and material providers have transformed Asia Pacific into a market with great growth potential.

 

Europe is expected to grow at the fastest CAGR growth of the automotive diagnostic scan tools market during the forecast period. Favorable government laws mandating the use of OBD in key economies, in Europe, as well as increasing awareness of the benefits provided by diagnostic tools, are projected to increase market demand. Furthermore, the trend of incorporating novel features into automobiles due to increased security concerns among end users and increasing complexity in connected cars is likely to further boost market growth during the forecast period.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the automotive diagnostic scan tools market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • ACTIA Group
  • Snap-on Incorporated
  • Softing AG
  • Robert Bosch GmbH
  • Delphi Technologies
  • Denso Corporation
  • SPX Corporation
  • Continental AG
  • SGS SA
  • Horiba, Ltd.
  • Others

 

Key Market Developments

  • In April 2024, MAHLE Aftermarket, a Germany-based company, has introduced MAHLE TechPRO and BRAIN BEE Connex, two second-generation workshop diagnostic instruments.
  • In April 2024, Launch Tech USA, based in the United States, has added access to Nissan Security Gateway to its suite of scan tools.
  • In November 2023, Repairify, Inc. established a relationship with Autel. Repairify and Autel have improved the collision and glass repair shop workflow and documentation process by smoothly integrating Repairify's remote services and genuine OEM tool scans into the Autel Remote Expert platform.

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global automotive diagnostic scan tools market based on the below-mentioned segments: 

 

Global Automotive Diagnostic Scan Tools Market, By Offering

  • Diagnostic Equipment/Hardware
  • Diagnostic Software

 

Global Automotive Diagnostic Scan Tools Market, By Connectivity

  • USB
  • Wi-Fi
  • Bluetooth

 

Global Automotive Diagnostic Scan Tools Market, By Vehicle

  • Passenger Cars
  • Commercial Vehicles

 

Global Automotive Diagnostic Scan Tools Market, By Regional

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1. What is the CAGR of the global automotive diagnostic scan tools market over the forecast period?
    The Automotive Diagnostic Scan Tools Market Size is Expected to Grow from USD 34.25 Billion in 2023 to USD 64.42 Billion by 2033, at a CAGR of 6.52% during the forecast period 2023-2033.
  • 2. Which region is expected to hold the highest share in the global automotive diagnostic scan tools market?
    Asia Pacific is projected to hold the largest share of the automotive diagnostic scan tools market over the forecast period.
  • 3. Who are the top key players in the automotive diagnostic scan tools market?
    ACTIA Group, Snap-on Incorporated, Softing AG, Robert Bosch GmbH, Delphi Technologies, Denso Corporation, SPX Corporation, Continental AG, SGS SA, Horiba, Ltd., and others.

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