Automotive Diagnostic Scan Tools Market

Automotive Diagnostic Scan Tools Market is projected to witness a higher CAGR over the forecast period (2020-2027), due to the strict government norms to reduce the carbon footprint.

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Key Drivers

The major factors proliferating the growth of the global automotive diagnostic scan tools market include the rising number of automotive workshops, strict government regulations to reduce carbon footprint, and the growing demand for integrating advanced features in vehicles. In the era of automation, the automotive industry is transforming rapidly. It has been observed that while selecting a vehicle, technology is more important for customer rather than its brand or style. Technology related to safety is gaining more traction among customers. Most of the drivers consider that specific high-tech safety features should be available in every vehicle. These features include lane-keep assist, blind-spot detection, and forward-collision warning. Currently, vehicles are equipped with automated features including, vehicle to infrastructure connectivity (V2I), vehicle to vehicle connectivity (V2V), advanced driver automated system (ADAS), and automatic braking, to enhance the driving experience and to meet customer requirement. Presently, along with autonomous features in vehicles, autonomous diagnostic scan tools are also implemented, which detects all the flaws quickly and resolve them in order to enhance the driving experience. Hence, the rising adoption of advanced autonomous vehicles is increasing the demand for diagnostic scan tools in the market.

Additionally, increasing automation of vehicles, adoption of new communication technology within the automotive diagnostic scan tool, rising number of service station, growing awareness about the advanced technologies are projected to boost the market growth. Increasing implementation of latest communication technology within the automotive diagnostic scan tool, rising demand of vehicles due to accelerating urban population especially across the developing nations is forecast to augment the market size. The growing emphasis of consumers on buying a vehicle incorporated with in-vehicle diagnostic scanning solutions will stimulate the market growth. On the contrary, high cost associated with diagnostic scan tools is hindering the growth of the market. Also, the complexities in the global supply chain amidst Russia-Ukraine War and the functioning of Automotive diagnostic scan tools might hamper the market share.

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Offering Segment Analysis

On the basis of offering, the market is segmented into hardware and software. Among these, the software segment would witness a higher CAGR during the forecast period attributed to its remarkable features such as, streamlines workflow, human-machine interfaces, and reduced cost by avoiding hardware deployment. Moreover, OEMs and manufacturers are continuously adopting software technology as it enhances the reliability and safety of their product and provides a real-time update.

PC based scan tools Segment Analysis

Based on PC based scan tools, the market is segmented into exhaust gas analyzer, paint scan equipment, dynamometer, headlight tester, wheel alignment equipment, engine analyzer, pressure leak detection, and fuel injection diagnostic. Among these, the exhaust gas analyzer is anticipated to observe a higher CAGR during the forecast period. This is attributed to the stringent government norms regarding environmental pollution. Exhaust gas analyzer is used for the measurement of carbon monoxide content in gases and helps in reducing pollution, which accelerates its growth in the market.

Vehicle Segment Analysis

On the basis of vehicle, the market is segmented into passenger vehicle and commercial vehicle. Among these, the passenger vehicle segment is expected to register a higher CAGR during the forecast period. This is attributed to the increasing adoption of passenger vehicles globally. Moreover, rising demand for safety solutions in vehicles is propelling manufacturers to adopt diagnostic scan tools. Growing awareness among consumers regarding fault-tolerance and continuous operation capabilities with the help of automotive diagnostic scan tools are projected to expand the market share.

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Regional Analysis

On the basis of region, Europe is anticipated to lead the market during the forecast period attributed to the increasing sales and production of vehicles across the region. Also, the mandatory OBD needs, and strict emission regulations have strengthened the regional growth. Furthermore, early adoption of telematics devices and the launch of technologically advanced diagnostic software such as driver assistance functionalities will boost the regional size.

Asia-Pacific is projected to grow at a higher CAGR during the forecast period. Improved lifestyles of individuals in this region are generating high demand for passenger and commercial vehicles, which is driving manufacturers to use diagnostic scan tools in vehicles, thus generating high adoption of technology in the region. Furthermore, the rising number of service stations and automotive workshops along with the increasing production of automobiles, primarily across China and India, are factors attributed to the market growth. Moreover, growing production of electric vehicles in the region is anticipated to further boost the demand for such tools.

The major players in the market includes Denso Corporation, Robert Bosch GmbH, Delphi Technologies, Continental AG, Snap-on Incorporated, Hickok Inc, Actia Group, SGS SA, Softing AG, and AVL LIST GmbH.

Key Developments:

• • In 2021 – Snap-on Incorporated introduced the latest John Bean Tru-Point advanced driver assistance system (ADAS) calibration tool at Auto Glass Week in Florida, U.S. It offers the ability to streamline the ADAS calibration process from beginning to end.
  • In 2021 – HORIBA Automotive declared the automation offering to the industry that includes solutions from single component testing to turnkey testing solutions and involves consulting and other services throughout the total vehicle development process.
  • In 2021 – SGS was acquired by Autoscope/CTOK, a France-based company operating three vehicle inspection services (VIS) centers intending to consolidate SGS’s market-leading position in vehicle inspection services in France and the acquisition of Groupe Moreau and CTA Gallet in 2020.
  • In 2020 –AutoCrib, Inc., a leading marketer, manufacturer, and designer of tool and asset control solutions was acquired by Snap-on Incorporated. This acquisition is intended to help Snap-on Incorporated expand its tool control and productivity solutions for critical industries.
  • In 2018, Denso Corporation acquired Ease Simulation Inc, operates in automotive diagnostic technology. With this partnership, Denso Corporation aims to provide quality aftermarket services, products, and technology.
  • In 2019, Continental AG launched new universal service tool for tire pressure monitoring systems (TPMS). With this tool, workshops could not only program all common universal sensors for cars but will also be able to read each TPMS sensor on the market.

The global automotive diagnostic scan tools market has been segmented on the basis of offering type, PC based scan tools, handheld scan equipment, vehicle type, propulsion, connectivity, and region. Based on Offering type, market is segmented into Hardware, and Software. Based on PC based scan tools, market is segmented into exhaust gas analyzer, paint scan equipment, dynamometer, headlight tester, wheel alignment equipment, engine analyzer, pressure leak detection, and fuel injection diagnostic. Based on handheld scan equipment, market is segmented into scanners, code readers, TPMS tools, digital pressure tester, battery analyzer, handheld tread reader. Based on vehicle type, market is segmented into passenger vehicle, and commercial vehicle. Based on propulsion, market is segmented into ice vehicles and EVS. Based on connectivity, market is segmented into bluetooth, Wi-Fi, and USB.

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Key questions answered in this research report:

• • At what pace is global automotive diagnostic scan tools market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in automotive diagnostic scan tools market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global automotive diagnostic scan tools market?
  • Which type of offering generated maximum revenues in 2019 and identify the most promising type of offerings during the forecast period?
  • What are the various types of vehicles of global automotive diagnostic scan tools market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Revenues (2019)	USD Million
Market Base Year	2019
Market Forecast Period	2020-2027
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Offering Type, By Pc Based Scan Tools, By Handheld Scan Equipment, By Vehicle Type, By Propulsion, By Connectivity, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Denso Corporation, Robert Bosch GmbH, Delphi Technologies, Continental AG, Snap-on Incorporated, Hickok Inc, Actia Group, SGS SA, Softing AG, AVL LIST GmbH., among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Automotive Diagnostic Scan Tools Market by Offering Type

• • Hardware
  • Software

Global Automotive Diagnostic Scan Tools Market by PC based Scan Tools

• • Exhaust Gas Analyzer
  • Paint Scan Equipment
  • Dynamometer
  • Headlight Tester
  • Wheel Alignment Equipment
  • Engine Analyzer
  • Pressure Leak Detection
  • Fuel Injection Diagnostic

Global Automotive Diagnostic Scan Tools Market by Handheld Scan Equipment

• • Scanners
  • Code Readers
  • TPMS Tools
  • Digital Pressure Tester
  • Battery Analyzer
  • Handheld Tread Reader

Global Automotive Diagnostic Scan Tools Market by Vehicle Type

• • Passenger Vehicle
  • Commercial Vehicle

Global Automotive Diagnostic Scan Tools Market by Propulsion

• • Ice Vehicles
  • EVS

Global Automotive Diagnostic Scan Tools Market by Connectivity

• • Bluetooth
  • Wi-Fi
  • USB

Global Automotive Diagnostic Scan Tools Market by Region

• • North America Automotive Diagnostic Scan Tools Market (Option 1: As a part of the free 25% customization)
    • North America Market by Offering Type
    • North America Market by PC based Scan Tools
    • North America Market by Handheld Scan Equipment
    • North America Market by Vehicle Type
    • North America Market by Propulsion
    • North America Market by Connectivity
    • US Market All-Up
    • Canada Market All-Up
  • Europe Automotive Diagnostic Scan Tools Market (Option 2: As a part of the free 25% customization)
    • Europe Market by Offering Type
    • Europe Market by PC based Scan Tools
    • Europe Market by Handheld Scan Equipment
    • Europe Market by Vehicle Type
    • Europe Market by Propulsion
    • Europe Market by Connectivity
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Tools Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Automotive Diagnostic Scan Tools Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Market by Offering Type
    • Asia-Pacific Market by PC based Scan Tools
    • Asia-Pacific Market by Handheld Scan Equipment
    • Asia-Pacific Market by Vehicle Type
    • Asia-Pacific Market by Propulsion
    • Asia-Pacific Market by Connectivity
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Automotive Diagnostic Scan Tools Market (Option 4: As a part of the free 25% customization)
    • RoW Market by Offering Type
    • RoW Market by PC based Scan Tools
    • RoW Market by Handheld Scan Equipment
    • RoW Market by Vehicle Type
    • RoW Market by Propulsion
    • RoW Market by Connectivity
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Global Automotive Diagnostic Scan Tools Leading Market Players (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Denso Corporation
  • Robert Bosch GmbH
  • Delphi Technologies
  • Continental AG
  • Snap-on Incorporated
  • Hickok Inc
  • Actia Group
  • SGS SA
  • Softing AG
  • AVL LIST GmbH