Automotive Diagnostic Scan Tools Market Value Share, Analysis and Segments 2017-2023

Page 1

AUTOMOTIVE DIAGNOSTIC SCAN TOOLS MARKET

GLOBAL INDUSTRY ANALYSIS, TRENDS, MARKET SIZE AND FORECASTS UP TO 2023


Automotive Diagnostic Scan Tools Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

Š Infinium Global Research

Page 2


Automotive Diagnostic Scan Tools Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

Introduction Report Description The Global Automotive Diagnostic Scan Tools Market was sized near USD 5.5 billion in terms of value and X.X thousand units in 2016. The global automotive diagnostic scan tools market is projected to grow with a CAGR of 4.75% during 2017-2023. An automotive scan tool is an electronic tool used to interface with other devices and sometimes reprogram vehicle control modules. One of the most familiar automotive scanning tool is Snap-On “brickâ€? or MT2500/MTG2500.Diagnostics are often stored in ROM chips and are activated on start-up of the system. Automotive diagnostic scan tools are widely used in the vehicle station for all types of vehicles ranging from passenger vehicle car to heavy commercial vehicles to agriculture vehicles. The primary function of the automotive diagnostic scan tools is to identify the faults in the vehicles .It requires to plug the cable into vehicles diagnostic connector. Automotive diagnostic tools are also used reprogram and upgrade the vehicles control module. Globally, with the rise in demand for automobiles ,especially high performance automobiles the demand for automotive diagnostic and reprogramming tools is projected to grow at a rapid pace over the forecast period. This report estimates the market size of automotive diagnostic scan tools market in terms of value (USD million) and volume (thousand units) over the period of 2015 to 2023.The year 2015 is considered to be a base year, and 2017 to 2023 is considered to be a forecast period. Moreover, the market sizes for automotive diagnostic scan tools market in numerous application is estimated in terms of value. This market research study provides detailed qualitative and quantitative analysis of the global automotive diagnostic scan tools market. Additionally, the report provides a comprehensive review of the major market drivers, restraints, opportunities in the global as well as regional markets of automotive diagnostic Š Infinium Global Research

Page 3


Automotive Diagnostic Scan Tools Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

scan tools market. The market analysis covers major geographic regions, such as North America, Europe, Asia-Pacific and Rest of the World (RoW). The market size and forecasts are also given for these regions. Countries with major market revenues are covered for each of the region. Furthermore, this report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of automotive diagnostic scan tools market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the global automotive diagnostic scan tools market that will impact the demand during the forecast period. The IGR- Growth Matrix analysis provided in this report highlights key investing markets in the world. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly. AUTOMOTIVE DIAGNOSTIC SCAN TOOLS MARKET SEGMENTATION

AUTOMOTIVE DIAGNOSTIC SCAN TOOLS MARKET

Equipment type

Product Type

Vehicle Type

 Automotive paint inspection equipment  Vehicle emission test system  Digital battery tester  Wheel alignment tester  Handheld tread depth

 Automotive Diagnostic Scan Tool Technology  Diagnostic Equipment (Hardware)  Diagnostic Software  Repair & Diagnostic Data

 Commercial Vehicles  Passenger Car

© Infinium Global Research

Region    

North America Europe Asia Pacific RoW

Page 4


Automotive Diagnostic Scan Tools Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

The report on global automotive diagnostic scan tools market covers segments such as equipment type, product type, and vehicle type. The equipment type segments include automotive paint inspection equipment, vehicle emission test system, digital battery tester, wheel alignment tester, and handheld tread depth. On the basis of product type the global automotive diagnostic scan tools market is categorized into automotive diagnostic scan tool technology, diagnostic equipment (hardware), diagnostic software, and repair & diagnostic data. Furthermore, on the basis of vehicle type the automotive diagnostic scan tools market is segmented as commercial vehicles, and passenger car. Research Methodology Infinium Global Research published reports are based on extensive primary and secondary research methods. The research begins with extensive exploration through secondary sources followed by primary research. With these research methods we were able to estimate the market size of the automotive diagnostic scan tools market, to identify the factors that promote the growth in this market as well as the factors that hamper the growth in the market. Comprehensive primary and secondary methods helped us to identify the trends in the market and to project the opportunities that the key players may get in the coming days. Research Methodology: An Outline Primary source of the information and data include  Industry Experts/consultants  Top level executives in the key market players  Subject matter experts  Academicians and research scholars

PRIMARY RESEARCH

Secondary sources of the information and data include  Company annual reports  Government/institutional publications  Trade and associations journals  Databases  Websites and publications by research agencies  Others

SECONDARY RESEARCH

© Infinium Global Research

Page 5


Automotive Diagnostic Scan Tools Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

Research Approaches BOTTOM-UP APPROACH

Arriving at Global Market Size

Accumulation of the country level market size (value and volume) Regional market size of automotive diagnostic scan tools and its equipment type, product type, vehicle type

Market Share of Key Players

 

Segment revenue of the key players Country level market size by equipment type, product type, vehicle type (value and volume)

Key Market Players

Identifying key players in the automotive diagnostic scan tools market

Accumulation of the regional/country market size (value and volume) Global market size of equipment type, product type, vehicle type

Arriving at Regional/Country Market Size

RESEARCH APPROACHES- TOP-DOWN 

Global Market 

Market Segments

 

Determine the Regional Market Size Country Level Market Sizing

Global market size of automotive diagnostic scan tools market Value and volume for 2016 to 2023

% breakdown by market segments by equipment type, product type, vehicle type Value and volume for 2016 and 2023 Regional market size of the automotive diagnostic scan tools market (value and volume) Regional market size of equipment type, product type, vehicle type Country level market size of the automotive diagnostic scan tools market in every region (value and volume) Country level market size of equipment type, product type, vehicle type in every region

TOP-DOWN APPROACH © Infinium Global Research

Page 6


Automotive Diagnostic Scan Tools Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

The study on global automotive diagnostic scan tools market provides deep insights into the trends and opportunities in the market for the forecast period 2017 to 2023. Moreover, the market estimates are provided in terms of revenue in USD million and in terms of volume in thousand units. Furthermore, the research covers the analysis of the various segments in the global automotive diagnostic scan tools market. The estimates in the global automotive diagnostic scan tools market are based on both bottom-up and top-down approaches. In the bottom-up approach the revenues of the key players are determined and added to arrive at country or regional markets size. The country market sizes added to arrive at the regional market size. Further, the market size of the regions is added to arrive at the global market size of automotive diagnostic scan tools market. In the top-down approach the global market size is estimated based on the secondary research and historic data. Using this approach the regional market size is obtained by splitting the global number by percentage share of each region such as North America, Europe, Asia-Pacific and RoW. The regional market was then divided as per the market share of the equipment type, product type, and vehicle type.

IGR- RESEARCH METHOD AND DATA TRIANGULATION SECONDARY SOURCES

Infinium's Data Bank/ Know How

 Top executives of end-use industries  Intermediaries

 C-level executives in the leading manufacturing products of automotive diagnostic scan tools.  Product managers  Sales managers  Industry consultants  Distributors/Suppliers

© Infinium Global Research

Industry Publications Government Agencies' Publications Industry news Data sources

      

Annual Reports Presentations Company Websites Press Releases News Articles Journals Paid Databases

Secondary Research

DATA TRIANGULATION & INFORMATION SOURCES

Company Publication

Supply Side

Primary Research

   

General Publications

Demand Side

PRIMARY SOURCES

Page 7


Automotive Diagnostic Scan Tools Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

The market size of automotive diagnostic scan tools is determined based on the top down approach. The market size is validated using primary interview with the participants working in some of the leading players in the automotive diagnostic scan tools market. The primary interview participants typically includes managers and CXO level executives of the leading players in this market. The primary interviews not only help identify the market size of the automotive diagnostic scan tools market but also identify the factors that promote the growth in the market and the factors that restrain the growth in this market. The views of primary respondents were reconciled to provide qualitative analysis of the automotive diagnostic scan tools market. The primary respondents also help identifying top 5-10 players and their possible market share in the respective country markets and in world market. The bottom-up approach is used to validate the global market size of automotive diagnostic scan tools. With the help of primary interviews and secondary research the market size of automotive diagnostic scan tools is determined for each country studied, which then is added to arrive at regional market size and there by obtaining global market size. This in turn helps us to validate the market size of automotive diagnostic scan tools in the world market. Executive Summary Global Automotive Diagnostic Scan Tools Market Highlights, (USD Million, Thousand Units) The global automotive diagnostic scan tools market is expected to grow at a CAGR of 4.75 % between 2017 and 2023 in terms of value. The global automotive diagnostic scan tools market is driven by the factors such as increasing commercial transportation worldwide, rising security concerns among the end-users, increasing production and usage of vehicles and increasing electrification of vehicles is driving the demand for automotive diagnostic systems. However, high cost of technology development is the key restraining factors affecting the growth in this market over the forecast period. North America dominates the world automotive diagnostic scan tools market in terms of dollar share, while Asia- Pacific is anticipated to grow at the highest CAGR over the forecast period. The growth in the North America region is primarily driven by U.S., and Canada which Š Infinium Global Research

Page 8


Automotive Diagnostic Scan Tools Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

are supposed to lead the regional demand. The increasing demand for high-end cars and consumer preference for more accurate diagnostic mechanisms are expected to drive the global growth over the forecast period. The leading players in the global Automotive Diagnostic Scan Tools market include Robert Bosch GmbH, Continental AG, Denso Corporation, Delphi Automotive PLC, Softing AG, Hickok Incorporated, Actia SA, Snap on Incorporated, AVL List GmbH, and Kpit Technologies. Global Automotive Diagnostic Scan Tools Market Projection GLOBAL AUTOMOTIVE DIAGNOSTIC SCAN TOOLS MARKET, 2015 – 2023 (USD MILLION, THOUSAND UNITS)

Automotive diagnostic scan tools market is expected to experience significant growth globally. The global market for automotive diagnostic scan tools is expected to grow at a CAGR 4.75% over the period of 2017 to 2023, emerging markets are expected to impact the growth rate over the forecast period. For More Details Get Free Sample Pages of this Premium Report: https://www.infiniumglobalresearch.com/reports/sample-request/900

Š Infinium Global Research

Page 9


Automotive Diagnostic Scan Tools Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

Global Automotive Diagnostic Scan Tools Market CAGR (USD Mn) Growth, By Regions GLOBAL AUTOMOTIVE DIAGNOSTIC SCAN TOOLS MARKET, CAGR (USD MN) GROWTH BY REGIONS (2017 – 2023)

xxx.x xxx.x

2017

2023

xxx.x

xxx.x xxx.x

xxx.x

2017

2023

2017

2023

The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2017 – 2023. Market Overview & Competitiveness Introduction DRO Analysis DRO stands for drivers, restraints and opportunities. The DRO analysis involves, identifying the factors that are likely to have impact on the global automotive diagnostic scan tools Market. It covers analysis of short term and long term impact of drivers and restraints. Through this analysis both short term and long term opportunities are identified. These

© Infinium Global Research

Page 10


Automotive Diagnostic Scan Tools Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

opportunities present the investment options and new markets for the market players in the automotive diagnostic scan tools market. Drivers refer to the factors that are expected to drive or boost the market size or demand for automotive diagnostic scan tools. The analysis involves identification of both demand side and supply side factors that drive the demand as well as environmental factor that favor the market conditions for growth of automotive diagnostic scan tools market both in short run and long run.

DRIVERS OF AUTOMOTIVE DIAGNOSTIC SCAN TOOLS MARKET, IMPACT ANALYSIS SHORT TERM IMPACT

DRIVERS

MID TERM IMPACT

LONG TERM IMPACT

Driver 1 Driver 2 Driver 3

HIGH

MEDIUM

LOW

restraints of Automotive Diagnostic Scan Tools Market, impact analysis SHORT TERM IMPACT

RESTRAINTS

MID TERM IMPACT

LONG TERM IMPACT

Restraint 1

Restraint 2

HIGH

MEDIUM

© Infinium Global Research

LOW

Page 11


Automotive Diagnostic Scan Tools Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

IGR- Growth Matrix Analysis Growth matrix developed by Infinium Global Research, also known as IGR-Growth Matrix helps understand the market situation of the business segments. It helps identify the most attractive segment for the investment purpose and helps the companies to make better decisions in strategy making. The IGR- Growth Matrix presents the zones that define the position of the product segment and Device segment or region based on the market size, growth anticipated and the growth factors & historic growth. Following are the zones that IGR- Growth Matrix considers  Risky Zone: Low market size and low growth rate. Investment in this segment is risky  Retention Zone: High market size and low growth rate, the companies operating in this segment should retain their investments in this segment. Companies may focus on extensive marketing and advertisements  Consolidation zone: High growth rate and high market size, the companies operating in the segments that have high market size and high growth should focus on consolidating their market position in these segment. Mergers and acquisitions, extensive marketing programs, and new product developments can be used as marketing strategies to consolidate the market in these segments.  Opportunity Zone: High growth low market size  Safe Zone: Moderate growth and moderate market size. IGR- GROWTH MATRIX ANALYSIS Growth Rate

Opportunity Zone

Consolidation Zone

High

Low

Risky Zone

Retention Zone Market Size Low

© Infinium Global Research

High North America

Europe

Asia-Pacific

RoW

Page 12


Automotive Diagnostic Scan Tools Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

Global Automotive Diagnostic Scan Tools Market, By Product Type GLOBAL AUTOMOTIVE DIAGNOSTIC SCAN TOOLS MARKET BY PRODUCT TYPE, 2016 - 2023 (REVENUE % SHARE) 2023

2016

Automotive Diagnostic Scan Tool Technology

Diagnostic Equipment (Hardware)

Diagnostic Software

Repair & Diagnostic Data

GLOBAL AUTOMOTIVE DIAGNOSTIC SCAN TOOLS MARKET BY PRODUCT TYPE, 2015 - 2023 (THOUSAND UNITS)

2015

Automotive Diagnostic Scan Tool Technology

© Infinium Global Research

2016

Diagnostic Equipment (Hardware)

2017

Diagnostic Software

2023

Repair & Diagnostic Data

Handheld tread depth

Page 13


Automotive Diagnostic Scan Tools Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

Automotive Diagnostic Scan Tool Technology GLOBAL AUTOMOTIVE DIAGNOSTIC SCAN TOOL TECHNOLOGY MARKET BY REGION, 2016 2023 (REVENUE % SHARE)

GLOBAL AUTOMOTIVE DIAGNOSTIC SCAN TOOL TECHNOLOGY MARKET BY REGION, 2015 2023 (THOUSAND UNITS)

2015

2016 North America

2017 Europe

Asia-Pacific

2023

RoW

Get 15% Discount on this Premium Report: https://www.infiniumglobalresearch.com/reports/request-discount/900

© Infinium Global Research

Page 14


Automotive Diagnostic Scan Tools Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

DIAGNOSTIC EQUIPMENT (HARDWARE) GLOBAL DIAGNOSTIC EQUIPMENT (HARDWARE) MARKET BY REGION, 2016 - 2023 (REVENUE % SHARE)

GLOBAL DIAGNOSTIC EQUIPMENT (HARDWARE) MARKET BY REGION, 2015 - 2023 (THOUSAND UNITS)

© Infinium Global Research

Page 15


Automotive Diagnostic Scan Tools Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

GLOBAL DIAGNOSTIC SOFTWARE MARKET BY REGION, 2016 - 2023 (REVENUE % SHARE)

GLOBAL DIAGNOSTIC SOFTWARE MARKET BY REGION, 2015 - 2023 (THOUSAND UNITS)

© Infinium Global Research

Page 16


Automotive Diagnostic Scan Tools Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

GLOBAL REPAIR & DIAGNOSTIC DATA MARKET BY REGION, 2016 - 2023 (REVENUE % SHARE)

GLOBAL REPAIR & DIAGNOSTIC DATA MARKET BY REGION, 2015 - 2023 (THOUSAND UNITS)

© Infinium Global Research

Page 17


Automotive Diagnostic Scan Tools Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

GLOBAL AUTOMOTIVE DIAGNOSTIC SCAN TOOLS MARKET BY REGION, 2016 - 2023 (REVENUE % SHARE)

GLOBAL AUTOMOTIVE DIAGNOSTIC SCAN TOOLS MARKET BY REGION, 2015 - 2023 (THOUSAND UNITS)

2015

2016 North America

© Infinium Global Research

2017 Europe

Asia-Pacific

2023

RoW

Page 18


Automotive Diagnostic Scan Tools Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

North America Automotive Diagnostic Scan Tools Market NORTH AMERICA AUTOMOTIVE DIAGNOSTIC SCAN TOOLS MARKET BY PRODUCT TYPE, 2016 – 2023 (REVENUE % SHARE) 2023

2016

Automotive Diagnostic Scan Tool Technology

Diagnostic Equipment (Hardware)

Diagnostic Software

Repair & Diagnostic Data

NORTH AMERICA AUTOMOTIVE DIAGNOSTIC SCAN TOOLS MARKET BY PRODUCT TYPE, 2015 2023 (THOUSAND UNITS)

2015

Automotive Diagnostic Scan Tool Technology

© Infinium Global Research

2016

Diagnostic Equipment (Hardware)

2017

Diagnostic Software

2023

Repair & Diagnostic Data

Handheld tread depth

Page 19


Automotive Diagnostic Scan Tools Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

Company Profiling Robert Bosch Company Snapshot

Robert Bosch CONTACT DETAILS: Address: Postfach 10 60 50 Stuttgart, 70049 Germany Tele: 49 711 811-0 Website: www.bosch.com

KEY FEATURES: No. of Employees: more than xx No. of countries of operation: xx

SWOT ANALYSIS: STRENGHTS  Sample text  Sample text

OPPORTUNITIES  Sample text  Sample text

WEAKNESS  Sample text  Sample text

THREATS  Sample text  Sample text

PRODUCT PORTFOLIO:  Product 1  Product 2  Product 3

Browse Detailed Description, TOC and Key Players Mentioned in this Report @ https://www.infiniumglobalresearch.com/automotive/global-automotive-diagnosticscan-tools-market © Infinium Global Research

Page 20


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.