Automotive Diagnostic Scan Tools Market: Technological Innovations and Future Opportunities 2025

Europe automotive diagnostic scan tools market is expected to reach USD 15 billion by 2025 owing to strict government regulation regarding vehicles. Presence of leading automakers such as Volkswagen, Porsche, Renault and Audi AG in the region could also play a vital role in the growth of Europe automotive diagnostic scan tools industry size. Additionally, increasing demand for passenger vehicles could further stimulate growth in the region’s automotive sector, in turn driving regional market outlook.

Growing use of diagnostic scan tools in automobiles industry owing to strict emission norms introduced by governments worldwide could stimulate global automotive diagnostic scan tools market size. Factors such as emission standards, fuel efficiency, maintenance and service of vehicles, and environmental safety have highlighted the importance of automotive diagnostic scan tools.

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Numerous technologies such as AR, VR, and AI are also being used in vehicles to offer advanced features such as ADAS, ABS, and cruise control, which is eventually increased the number of ECU’s. Such next-generation vehicles require automotive diagnostic tools to detect faults in order to increase operational efficiency and reduce time.

The automotive diagnostic scan tools market is also growing at a considerable CAGR because of the increasing demand for next-generation autonomous vehicles. According to reports, around 24.23 million autonomous vehicles were estimated to be sold in 2017, and are further expected to reach 61.82 units by 2024.

The diagnostic software segment is likely to witness a considerable growth of over 7% between 2019 to 2025. This potential development can be attributed to surging demand for in-car infotainment and improved passenger convenience. Growing demand for hybrid and electrical vehicles could also aid growth of diagnostic software market.

Based on application, the repair & maintenance segment accounted for more than 37% market share in 2018 and is expected to reach over USD 16 billion by 2025. Surging sales of new vehicles and an increase in the number of old vehicles is resulting in rising number of workshops and service stations. A growing trend to outsource diagnostic scan tools services is propelling the demand for third party repair and maintenance service providers. Moreover, increase in competition and enhanced customer experience is encouraging repair & maintenance service providers to deliver numerous professional services to achieve a loyal client base.

The DIY diagnostic segment is expected to grow considerably during the forecast period owing to its cost-effectiveness and operational efficiency. The growth of the segment can be credited to increasing passion of owners about their vehicles. Automobile manufacturers are also building virtual interfaces to enhance the automotive diagnostic experience at an individual level, which could enhance the DIY diagnostic scan tools market size.

The diagnostic scan tools market of North America holds a significant share in the global industry because of the presence of leading OEMs in the region. Stringent government norms related to standard vehicle emission could positively influence automotive diagnostic scan tools market size.

Growing trade activities between the U.S and its trading partner including the EU and China could foster market growth. Moreover, the advent next-generation self-driving cars, HEVs and EVs could positively impact North America diagnostic scan tools market share.

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Partial Chapter of the Table of Content

Chapter 6. Automotive Diagnostic Scan Tools Market, By Application

6.1. Key trends, by application

6.2. Automatic crash notification

6.2.1. Automatic crash notification market estimates and forecast, 2014-2025

6.3. Vehicle tracking

6.3.1. Vehicle tracking market estimates and forecast, 2014-2025

6.4. Vehicle health alert & roadside assistance

6.4.1. Vehicle health alert & roadside assistance market estimates and forecast, 2014-2025

6.5. Repair and maintenance

6.5.1. Repair and maintenance market estimates and forecast, 2014-2025

6.6. Emission control

6.6.1. Emission control market estimates and forecast, 2014-2025

6.7. Others

6.7.1. Others market estimates and forecast, 2014-2025

Chapter 7. Automotive Diagnostic Scan Tools market, By Vehicle Type

7.1. Key trends, by vehicle type

7.2. Passenger vehicle

7.2.1. Passenger vehicle market estimates and forecast, 2014-2025

7.3. Commercial vehicle

7.3.1. Commercial vehicle market estimates and forecast, 2014-2025

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