The Business Research Company’s Automotive Diagnostic Scan Tools Global Market Report 2022: Market Size, Trends, And Forecast To 2026
LONDON, GREATER LONDON, UNITED KINGDOM, May 18, 2022 /EINPresswire.com/ — According to ‘Automotive Diagnostic Scan Tools Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the automotive diagnostic scan tools market size is expected to grow from $34.05 billion in 2021 to $36.11 billion in 2022 at a compound annual growth rate (CAGR) of 6.07%. The global automotive diagnostic scan tools market size is expected to grow to $44.37 billion in 2026 at a CAGR of 5.28%. The rise in vehicle production and sales is expected to propel the growth of the automotive diagnostic scan tools market.
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The automotive diagnostic scan tools market consists of sales of automotive diagnostic scan tools by entities (organizations, sole traders, and partnerships) that refer to a hardware device or software that reads vehicle computer system including major components such as transmission, engine, airbags, and others. These diagnostic tools access the data memory of control units and onboard electronics evaluate or analyze them.
Global Automotive Diagnostic Scan Tools Market Trends
Technological advancement is a key trend gaining popularity in the automotive diagnostic scan tools market. The companies operating in the automotive diagnostic scan tools market are investing in the development of innovative technologies to increase the reach of their products to at-home customers.
The global automotive diagnostic scan tools market is segmented:
By Type: On-Board Diagnostics (OBD), Electric System Analyzers, Other Types
By Vehicle Type: Passenger Cars, Commercial Vehicles
By Offering Type: Diagnostic Equipment/Hardware, Diagnostic Software
By Geography: The global automotive diagnostic scan tools market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.
Read more on the global automotive diagnostic scan tools market report at:
Automotive Diagnostic Scan Tools Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides global automotive diagnostic scan tools market overviews, global automotive diagnostic scan tools market analysis and forecasts market size and growth for the global automotive diagnostic scan tools market, global automotive diagnostic scan tools market share, Global automotive diagnostic scan tools market segments and geographies, global automotive diagnostic scan tools market players, global automotive diagnostic scan tools market leading competitor revenues, profiles and market shares. The automotive diagnostic scan tools market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Automotive Diagnostic Scan Tools Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Denso Corp., Snap-On Inc., DG Technologies, Softing AG, Actia Group SA, Dsa Daten-Und Systemtechnik GmbH, Hickok Inc., Bosch Automotive Service Solutions Inc., Delphi Automotive PLC, Kpit Technologies, Launch Tech, Volvo Group, Autel Intelligent Technology Corp. Ltd., Fluke Corporation, Honda Motor Company Ltd., and Siemens.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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About The Business Research Company
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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This news story originally appeared at Travel News - on 24 May 2022