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Global Automotive Diagnostic Scan Tools Market, Industry Insights by Offering Type, Connectivity, Vehicle Type, Handheld Scan Tools, Workshop Equipment Type, Tool Type, and Application - Forecast to 2025
Automotive Diagnostic Scan Tools Market
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Increasing digitalization process in the automobile domain along with technological upgradation are the key trends observed in the global automotive diagnostic scan tools market. Technological upgradation has made a transition in devices used by automotive domain as previously electronic systems used to utilize large number of different tools that were used for analyzing a single vehicle.
Based upon workshop equipment type, the global automotive diagnostic scan tools market is subdivided into paint scan equipment, fuel injection diagnostic, exhaust gas analyser, pressure leak detection, wheel alignment equipment, headlight tester, dynamometer and engine analyzer.
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Based upon vehicle type, the global automotive diagnostic scan tools market is subdivided into commercial vehicles and passenger cars. Amongst these segments, passenger cars segment is expected to contribute larger revenue by 2025 due to increasing emphasis by government authorities globally pertaining to vehicle safety performance and emissions.
Geographically, Europe is the largest automotive diagnostic scan tools market in 2019. The growth of this market is attributed towards presence of key automobile manufacturers in the region that are rampantly emphasizing their efforts towards product development along with increasing production and sales of vehicles.
Moreover, automotive diagnostic scan tools market in Asia-pacific is expected to witness highest CAGR during the forecast period due to increasing acceptance of passenger vehicles in the region along with increasing disposable income of the citizens in countries such as India, China and Indonesia.
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Some of the key players operating in the automotive diagnostic scan tools market are Snap-On Inc., Bosch Automotive Service Solutions Inc., Dg Technologies, Etas GmbH, Dsa Daten- Und Systemtechnik GmbH, Softing AG, Actia Group SA, Hickok Inc., Delphi Automotive PLC, Kpit Technologies, General Technologies Corp, Avl List GmbH, Denso Corp., SPX Corp., and Continental AG.
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VynZ Research is a market research firm offering research, analytics, and consulting services on business strategies. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. VynZ Research assists enterprises to take strategic decisions for helping their businesses to grow. The reports developed by VynZ are based on market facts that includes comprehensive analysis and quantification of market drivers, industry dynamics, opportunities, challenges, threats, market shares and anticipated new trends & technologies arising across wide range of industries.
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