Automotive Garage Equipment Market Growth, Overview 2023, and Forecast 2030

The Global Automotive Garage Equipment Market is expanding steadily worldwide. The total number of kilometres travelled by automobiles worldwide has climbed by between 2% to 4% over the past several years as a result of rising urbanisation and a jump in vehicle sales in various nations. As a result, more people are driving passenger cars, which is expected to grow the Global Market for Automotive Garage Equipment over the next years. Market expansion is linked to the flourishing automotive industry around the world. During the projected period, an increase in vehicle owners' knowledge of vehicle safety and maintenance will likely fuel the global market for automotive garage equipment. Demand for garage equipment is anticipated to expand between 2023 and 2030 due to rising preferences for vehicle customization and an increase in the number of body shops, technical inspection facilities, and garages for vehicle maintenance and repair.

Automotive garage equipment market is valued at USD 8.12 billion, and it is expected to reach USD 11.27 billion by registering a CAGR of above 4% over the next five years.

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Market Overview: -
The automotive garage equipment market has witnessed steady growth over the years, driven by factors such as increasing vehicle sales, rising demand for vehicle maintenance and repair services, and advancements in automotive technology. The market is expected to continue growing as the automotive industry expands and vehicles become more complex. The automotive garage equipment market has been influenced by technological advancements. Integration of electronics and software in diagnostic equipment, the adoption of wireless and connected solutions, and the incorporation of automation and robotics in certain equipment have improved efficiency, accuracy, and ease of use. Some notable trends in the automotive garage equipment market include a shift toward eco-friendly and energy-efficient equipment, increased emphasis on safety features, the rise of mobile and portable equipment for on-site repairs, and the growing demand for equipment with advanced diagnostic capabilities.

Market Segmentation: -
Automotive Garage Equipment Market is split by Type and by Application. For the period 2023-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

The Key companies profiled in the Automotive Garage Equipment Market:
The study examines the Automotive Garage Equipment Market's competitive landscape and includes data on Arex Test Systems, Boston Garage Equipment, Bosch, Continental, Aro Equipment, LKQ Coatings, Istobal, Con Air Equipment, Vehicle Service Group, Gray Manufacturing Company, Symach, Standard Tools and Equipment
Global Automotive Garage Equipment Market Split by Product Type and Applications

This report segments the Automotive Garage Equipment Market on the basis of Types:
•Lifting Equipment
•Body Shop Equipment
•Wheel and Tire Service Equipment
•Vehicle Diagnostic and Testing Equipment
•Washing Equipment
•Others

On the basis of Application, the Automotive Garage Equipment Market is segmented into:
•Automotive OEM Dealerships
•Franchise Stores
•Independent Garages

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Key Features Included in the Offering and Highlights of the Automotive Garage Equipment Market Reports:
1. Comprehensive overview of the Automotive Garage Equipment Market
2. Analysis of evolving business market dynamics
3. In-depth market segmentation based on type, application, etc.
4. Historical, present, and projected market size in terms of volume and value.
5. Recent trends and advancements in the industry.
6. Competitive landscape of the Automotive Garage Equipment Market
7.Key companies and their product strategies.
8. Identification of potential niche segments/regions exhibiting promising growth.

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Regional Analysis: -
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Major Point of Table of Contents:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Industry Outlook
Chapter 4 Automotive Garage Equipment Market: Product Outlook
Chapter 5 Automotive Garage Equipment Market: Application Outlook
Chapter 6 Automotive Garage Equipment Market: Geography Outlook
Chapter 7 Competitive Landscape…

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