According to Gen Consulting Company, the global automotive diagnostic tools market is set to achieve an incremental growth of USD 8.5 billion, acelerating at a CAGR of almost 4.4% during the forecast period 2022-2028.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global automotive diagnostic tools market. It traces the market’s historic and forecast market growth. The report identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches. This study also provides an analysis of the impact of the COVID-19 crisis on the automotive diagnostic tools industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, vehicle type, equipment type, and region. The global market for automotive diagnostic tools can be segmented by type: diagnostic equipment, diagnostic software, automotive diagnostic scan tool technology, repair & diagnostic data. The diagnostic equipment segment captured the largest share of the market in 2021. Automotive diagnostic tools market is further segmented by vehicle type: passenger car, commercial vehicles. The passenger car segment held the largest share of the global automotive diagnostic tools market in 2021 and is anticipated to hold its share during the forecast period. Based on equipment type, the automotive diagnostic tools market is segmented into: wheel alignment tester, digital battery tester, vehicle emission test system, others. In 2021, the vehicle emission test system segment made up the largest share of revenue generated by the automotive diagnostic tools market. On the basis of region, the automotive diagnostic tools market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Among these, Asia-Pacific was accounted for the highest revenue generator in 2021.

Market Segmentation
By type: diagnostic equipment, diagnostic software, automotive diagnostic scan tool technology, repair & diagnostic data
By vehicle type: passenger car, commercial vehicles
By equipment type: wheel alignment tester, digital battery tester, vehicle emission test system, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report also provides a detailed analysis of several leading automotive diagnostic tools market vendors that include AVL LIST GmbH, Continental AG, Denso Corporation, Robert Bosch GmbH, SPX Corporation, among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
– To analyze and forecast the market size of the global automotive diagnostic tools market.
– To classify and forecast the global automotive diagnostic tools market based on type, vehicle type, equipment type, region.
– To identify drivers and challenges for the global automotive diagnostic tools market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global automotive diagnostic tools market.
– To identify and analyze the profile of leading players operating in the global automotive diagnostic tools market.

Why Choose This Report
– Gain a reliable outlook of the global automotive diagnostic tools market forecasts from 2022 to 2028 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.