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Automotive Diagnostic Scan Tools Market Research Report - Applications, Technology Trends, Growth Drivers and Challenges

Automotive Diagnostic Scan Tools Market

Automotive Diagnostic Scan Tools Market

The global automotive diagnostic scan tools market has been growing steadily during the past few years. The major factors driving the automotive diagnostic scan tools market are stringent emission norms, increasing number of automotive workshops and increase in usage of electronics in automotive sector. The increasing number of aftermarket repair shops and growing vehicle electronics complexity are increasing the demand of these tools.

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Today’s diagnostic scan tools are very efficient and refined, which are able to analyze very complex codes while executing diagnosis in the vehicle’s body, chassis and powertrain. They are used in auto workshops and service stations for every type of automobile.

The automotive diagnostic scan tool manufacturers are developing more efficient scanning tools that take less time for diagnosis and deliver more accurate results. The wireless scanning tools are gaining popularity due to their easy usage and more user friendly operating system, which decreases the cost of diagnostic equipment, and thus helping companies to serve wide range of users.

Europe was globally the largest market for automotive diagnostic scan tools in 2015, followed by North America and Asia-Pacific. Germany, France and Spain contributed highest to the growth of the European automotive diagnostic scan tools market in 2015. Some of the major factors driving the growth of the European automotive diagnostic scan tools market include increasing demand for improved, accurate, and quick diagnosing tools.

The automotive diagnostic scan tools market is projected to witness the highest growth in Asia-Pacific during forecast period. The shift of automotive industry towards Asia-Pacific is expected to persist in the long run, as the purchasing power and requirement to own personal vehicle is strong in the region.

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Some of the major competitors in the global automotive diagnostic scan tools market include Delphi Automotive PLC, Softing AG, Noregon Systems Inc., AVL List GmbH, General Technologies Corp., Robert Bosch GmbH, ACTIA Group, Vector Informatik GmbH, Denso Corp., and DG Technologies.

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P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

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