United States automotive
diagnostic scan tools market is anticipated to register growth with an
impressive CAGR in the forecast period, 2023-2027, on the account of surging
demands to own personal vehicles. Expanding automotive industry in the country
and increasing sales of the automobiles is further driving the growth of the
United States automotive diagnostic scan tools market in the upcoming five
years. Growing research and technological advancement in the automotives to
enhance their performance and their features also played a vital role in growth
of the United States automotive diagnostic scan tools market in the next five
years.
Automotive diagnostic scan tools are the electronic devices
and software functioning together to diagnose any faults in the automotives.
These scan tools are used to reprogram control modules for the vehicle to
diagnose and analyze electronic system malfunction for various vehicles. The
scan tools are often used by the mechanics with compete know how of the tools
as well as the vehicles. The need for using the tools have increased in recent
years since the use of artificial intelligence and software for the better
functioning of the vehicles have increased.
Increasing Sales of Passenger
Cars Drive Market Growth
Increasing sales of the
passenger cars are actively supporting the demand and the growth of the United
States automotive diagnostic scan tools market in the upcoming five years. In
the year 2020, over 275 million vehicles were on road in the United States. Rising
disposable income among the population coupled with the inclination toward
multiple personal car ownership also facilitates the growth of the United
States automotive diagnostic scan tools market in the next five years.
Demand from the
consumer for regular maintenance, and diagnosis of the automobile failures
further enhances the market growth. The United States automotive diagnostic
scan tools market in also expected to grow due to climate changes that may lead
to higher wear & tear along with systemic failures in the automotives and
other factors like lifeline of the vehicles, automotive regular servicing etc.
also aid to the growth of the United States automotive diagnostic scan tools
market in the future five years.
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Market Segmentation
The
United States automotive diagnostic scan tools market is segmented by vehicle
type, component, type, application, competitional landscape, and regional
distribution. Based
on vehicle type, the market is further segmented into two-wheeler, passenger
car, LCV, M&HCV, and OTR. By component, the market is differentiated
between software and hardware. Based on type, the market is fragmented into scanners,
code readers, TPMS tools, and others. By application, the market is bifurcated
into exhaust gas analyzer, wheel alignment equipment, headlight tester, fuel
injection diagnostic, pressure leak detection, engine analyzer, and others. The
market analysis also studies the regional segmentation to devise regional
market segmentation, divided among South region, Mid-west region, North-east
region, West region.
Company Profile
Robert Bosch GmbH, Siemens AG, Continental
AG, Snap-on Incorporated, Denso Corporation, Horiba, Ltd., Noregon Systems,
Inc., Hickok Inc., DG Technologies, KPIT Technologies Ltd, among others is a partial
list of major market players of the companies responsible for the growth of United
States automotive diagnostic scan tools market.
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Attribute
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Details
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Base Year
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2021
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Historical Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
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Report coverage
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Revenue forecast, company share, competitive landscape, growth
factors, and trends
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Segments covered
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·
Vehicle Type
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Component
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Type
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Application
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Regional scope
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South region, Mid-west region, North-east region, West region
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Key companies profiled
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Robert Bosch GmbH, Siemens AG,
Continental AG, Snap-on Incorporated, Denso Corporation, Horiba, Ltd., Noregon
Systems, Inc., Hickok Inc., DG Technologies, KPIT Technologies Ltd
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Customization scope
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10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email
(We can also provide the editable version of the report in PPT/Word format on
special request)
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Report Scope:
In this report, United States Automotive diagnostic scan
tools market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
- United States Automotive Diagnostic
Scan Tools Market, By Vehicle Type:
- Two-Wheeler
- Passenger Car
- LCV
- M&HCV
- OTR
- United States Automotive Diagnostic
Scan Tools Market, By Component:
- United States Automotive Diagnostic
Scan Tools Market, By Type:
- Scanners
- Code Readers
- TPMS tools
- Others
- United States Automotive Diagnostic
Scan Tools Market, By Application:
- Exhaust Gas Analyzer
- Wheel Alignment Equipment
- Headlight Tester
- Fuel Injection Diagnostic
- Pressure Leak Detection
- Engine Analyzer
- Others
- United States Automotive diagnostic
scan tools Market, By Region:
o South region
o Mid-west region
o North-east region
o West region
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in United States automotive diagnostic scan
tools market.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The following
customization options are available for the report:
Company Information
Detailed analysis and
profiling of additional market players (up to five).
United States Automotive Diagnostic Scan Tools Market is an upcoming
report to be released soon. If you wish an early delivery of this report or
want to confirm the date of release, please contact us at [email protected]