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Automotive Garage Equipment Market 2023 | Business Overview, New Share, Trends Analysis, And Forecast To 2032
Automotive Garage Equipment Market
The Business Research Company's Automotive Garage Equipment Global Market Report 2023 identifies advent of autonomous vehicles is significantly contributing to the growth of the automotive garage equipment market. Automotive garage equipment is evolving in response to environmental laws and shifting consumer perceptions for safety and efficiency.
The global automotive garage equipment market size grew from $7.58 billion in 2022 to $8.07 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The market size of the automotive garage equipment is expected to grow to $10.81 billion in 2027 at a CAGR of 7.6%.
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Major players in the automotive garage equipment market are Gray Manufacturing Company Inc., Snap-On Incorporated, Vehicle Service Group, Robert Bosch, Continental AG, Maha Maschinenbau Haldenwang GmbH & Co., Boston Garage Equipment Ltd., Istobal S.A., Symach, Standard Tools and Equipment, Autec Inc., Ravaglioli S.p.A, The Lincoln Electric Company, CORGHI, Automotive Equipment International (Pty) Ltd., VisiCon Automatisierungstechnik GmbH, Forward Lift Company, and Manatec Electronics Private Limited.
Technological advancements are the key trend in the automotive garage equipment market. The automotive garage equipment market is changing as a result of increased technological advancements, allowing its operators to work more efficiently. Equipment manufacturers are continually developing new technology to aid workshops with their day-to-day operations, making them easier to manage and enhance production.
Read More On The Global Automotive Garage Equipment Market Report Here:
https://www.thebusinessresearchcompany.com/report/automotive-garage-equipment-global-market-report
The automotive garage equipment market is segmented -
• By Installation Type: Mobile, Fixed
• By Vehicle Type: Passenger Cars, Commercial Vehicles
• By Type: Lifting Equipment, Body Shop Equipment, Wheel and Tire Service Equipment, Vehicle Diagnostic and Testing Equipment, Washing Equipment, Other Types
• By Application: Automotive OEM Dealerships, Franchise Stores, Independent Garages
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the automotive garage equipment market.
The Business Research Company's "Global Automotive Garage Equipment Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Automotive Garage Equipment Market Include:
1. Automotive Garage Equipment Market Executive Summary
2. Automotive Garage Equipment Market Segments
3. Automotive Garage Equipment Market Size And Automotive Garage Equipment Market Growth Rate
4. Key Automotive Garage Equipment Market Trends
5. Major Automotive Garage Equipment Market Drivers
……
25. Key Mergers And Acquisitions In The Automotive Garage Equipment Market
26. Top Automotive Garage Equipment Companies
27. Automotive Garage Equipment Market Opportunities And Strategies
28. Automotive Garage Equipment Market, Conclusions And Recommendations
29. Appendix
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