openPR Logo
Press release

Global Automotive Diagnostic Scan Tools Market Trends, Size, Share, Development and Demand Forecast to 2022

10-21-2016 01:27 PM CET | Logistics & Transport

Press release from: P&S Market Research

Global Automotive Diagnostic Scan Tools Market Trends, Size,

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. Factors such as wireless scanning tools and software repair and diagnostic data are the opportunity for the automotive diagnostic scan tools market. The major factor restraining the automotive diagnostic scan tools market is the increase in raw material cost.

Browse Report at: www.psmarketresearch.com/market-analysis/automotive-diagnostic-scan-tools-market

Automotive diagnostic scan tools are arrangement of electronic software and devices that are used as diagnostic system interface in the vehicles. Their usage in the automotive sector is increasing because of the changing consumer’s inclination towards automated diagnostic system from manual system. These are used for the purpose of analyzing and detecting any malfunction in electronic systems in vehicles. These tools also help in upgrading and reprogramming the control modules in automobile. 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.

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.

Browse Related Research: www.psmarketresearch.com/industry-report/automotive-and-transportation

North America was globally the second largest market for automotive diagnostic scan tools in 2015 owing to the growing number of vehicle fleet in the region and increase in the number of auto service stations and workshops. 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.

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.

About P&S Market Research

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.

Contact:
Abhishek
Executive – Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Automotive Diagnostic Scan Tools Market Trends, Size, Share, Development and Demand Forecast to 2022 here

News-ID: 374945 • Views:

More Releases from P&S Market Research

Smart Cities Market Size, Revenue, Technology, Competitive Analysis, Growth Drivers and Opportunities by 2023
Smart Cities Market Size, Revenue, Technology, Competitive Analysis, Growth Driv …
The global smart cities market is growing at a CAGR above 20% during 2018 - 2023 and will reach $2578.0 billion by 2023. Due to significant growth in automation technologies such as internet of things (IoT) and adoption of cloud based technologies, the global smart cities market is gaining huge traction. In addition, effective city asset management for public welfare, substantial operational cost savings, and automated public data generation applications
Global Sports Food Market Expected to Witness 9.2% CAGR During 2016 – 2022
Global Sports Food Market Expected to Witness 9.2% CAGR During 2016 – 2022
The global sports food market is expected to grow at a CAGR of 9.2% in terms of value during 2016 - 2022. Among the various types, the energy bars segment accounted for the largest share (71.5%) in the global sports food market in 2015. Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/sports-food-market/report-sample The manufacturers are trying to bring about products with the best blend of taste and healthy ingredients. They have started to
Sports Nutrition Market by Type, Distribution Channel, Region, Growth and Demand Forecast to 2022
Sports Nutrition Market by Type, Distribution Channel, Region, Growth and Demand …
The global sports nutrition market is expected to grow at a CAGR of 8.4% in terms of value during 2016 - 2022. Among the various types, the sports drinks segment accounted for largest share (61.4%) in the global sports nutrition market in 2015. Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/sports-nutrition-market/report-sample The increasing health concerns, such as obesity and awareness of physical appearances among all consumers groups is driving the demand for sports
Orthopedic Trauma Devices Market Supply Chain Trends Mapping the Latest Technological Advancements
Orthopedic Trauma Devices Market Supply Chain Trends Mapping the Latest Technolo …
The global orthopedic trauma devices market is growing due to the increasing frequency of fractures, along with the growth of aging population. The advantageous features posed by orthopedic trauma devices, such as internal and external fixators to set a fracture, and in repositioning of bone fragments into their normal alignment are also driving the growth of the market worldwide. Furthermore, the internal fixators have reduced the hospital stays, reduced the

All 5 Releases


More Releases for Automotive

KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%. Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected
Automotive Gearbox Market,Automotive Gearbox Industry, Global Automotive Gearbox …
Latest industry research report on: Global Automotive Gearbox Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts This industry study presents the global Automotive Gearbox market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Automotive Gearbox production, revenue and market share by manufacturers, key regions and type; The consumption of Automotive Gearbox in volume terms are also provided for major countries (or regions), and for each
Automotive Windscreen Sales Market – Analysis of Automotive Windscreen Sales G …
Automotive Windscreen Market report provides an in detail study of Manufactures in the market which is based on the various objectives associated with an organization such as Analysis, Market Share, Regional Market Performance, Product Specification, and the Company Introduction. The latest market intelligence study on Automotive Windscreen Sales market relies on statistics derived from the application of both primary and secondary research to present insights pertaining to the operational model, opportunities
Global Automotive Windshield Pumps Market 2018- SHW AG, TRW Automotive, Delphi A …
Apex Market Reports, recently published a detailed market research study focused on the "Global Automotive Windshield Pumps Market" across the global, regional and country level. The report provides 360° analysis of "Global Automotive Windshield Pumps Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the Global Automotive Windshield Pumps industry, and estimates the future
Automotive Steering System Market Players: Mitsubishi Electric, TRW Automotive H …
Automotive steering system market is expected to grow with the CAGR of about 6% from 2016 to 2022. Due to increasing demand for the driving comfort & fuel efficient vehicle as well as increasing vehicle production globally will drive the Automotive steering system market. Market Scenario Steering is the connection point between car and driver. It provides control and the feel of the road and plays a key role in the vehicle’s