Press release
Automotive Garage Equipment Market Demand Will Reach a Value of USD 32.71 Billion by the Year 2030
The ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐๐ ๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ is expected to grow at a CAGR of 3.8 % throughout the forecast period, to reach US$ 32.71 Bn. by 2030.๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐๐ ๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The automotive garage equipment market has witnessed substantial growth in recent years, driven by the increasing number of vehicles globally and the rising demand for efficient vehicle maintenance solutions. With vehicles becoming an integral part of daily life, ensuring their performance and longevity through regular maintenance has become a priority. Key equipment such as tire changers, wheel balancers, and emission testing systems are essential for addressing routine and advanced maintenance needs. As automotive technology continues to evolve with the integration of safety systems, lightweight materials, and advanced electronics, the demand for sophisticated garage equipment has surged.
๐๐ก๐๐ญ'๐ฌ ๐ง๐๐ฑ๐ญ ๐๐จ๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ? ๐ ๐ข๐ง๐ ๐จ๐ฎ๐ญ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐ญ๐จ๐๐๐ฒ :https://www.maximizemarketresearch.com/request-sample/36129/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐๐ ๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ:
The growing emphasis on vehicle safety, performance, and compliance with stringent emission standards is a primary driver of the automotive garage equipment market. Governments worldwide are implementing stricter regulations to control vehicle emissions, leading to the widespread adoption of emission testing equipment such as smoke meters and gas analyzers. Moreover, the increasing penetration of advanced driver assistance systems (ADAS) and smart vehicle technologies necessitates the use of high-tech diagnostic tools to ensure optimal performance and repair capabilities, boosting the market's growth.
The rising trend of vehicle customization and the surge in vehicle ownership rates, particularly in emerging economies, have also driven the demand for automotive garage equipment. Independent garages, which provide cost-effective maintenance and repair services, are witnessing significant growth due to their affordability compared to OEM-authorized garages. This, coupled with the increasing demand for routine vehicle maintenance and repairs, has encouraged manufacturers to innovate and offer competitively priced, technologically advanced garage equipment.
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐๐ ๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ซ๐๐ง๐๐ฌ:
The automotive garage equipment market is being shaped by the rapid digitization of vehicle systems and the integration of IoT-based diagnostic tools. Modern vehicles come equipped with complex electronics and sensor-based systems, requiring advanced equipment to diagnose and maintain them effectively. This trend has led to the development of highly specialized garage equipment, such as tools for ADAS calibration and electronic system diagnostics, reflecting the growing technological sophistication of the automotive sector.
๐ฐ๐ก๐๐ญ ๐ข๐ฌ ๐ญ๐ก๐ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐๐ ๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง?
The automotive garage equipment market is segmented by applications, including body shop equipment, emission equipment, lifting equipment, diagnostic tools, and wheel and tire equipment. Among these, the emission equipment segment is expected to witness the highest growth rate in the forecast period. This surge is attributed to the rising global emphasis on reducing vehicular emissions and adhering to stringent government norms. Emission testing tools, such as gas analyzers and smoke meters, have become essential for assessing pollutants like carbon monoxide and nitrogen oxides, driving their adoption in both independent and authorized garages.
๐๐ก๐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ :https://www.maximizemarketresearch.com/inquiry-before-buying/36129/
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐๐ ๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam is experiencing a surge in demand for automotive garage equipment, driven by the rising number of vehicle registrations and expanding automotive services industry. The government's push for modernizing infrastructure is fostering growth in advanced garage equipment. Notable developments include the entry of global players like ๐๐จ๐ฌ๐๐ก ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐ฏ๐ข๐๐ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ and strategic partnerships with local firms.
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐๐ ๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's automotive market, being a hub for vehicle manufacturing in Southeast Asia, is driving the demand for garage equipment. Companies like ๐๐ง๐๐ฉ-๐จ๐ง ๐๐ง๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐๐ and ๐๐๐ก๐ ๐๐๐ฌ๐๐ก๐ข๐ง๐๐ง๐๐๐ฎ ๐๐๐ฅ๐๐๐ง๐ฐ๐๐ง๐ ๐๐ฆ๐๐ are investing heavily in modern diagnostic and repair solutions to cater to the growing market. Recent trends also include the adoption of automation in garages and workshops.
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐๐ ๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan, known for its automotive innovation, is a mature market for garage equipment. The country's focus on electric and hybrid vehicles has increased the demand for specialized garage tools. Companies like ๐๐ข๐ญ๐๐ก๐๐ฅ๐ฅ1 and ๐๐ฎ๐ง๐ญ๐๐ซ ๐๐ง๐ ๐ข๐ง๐๐๐ซ๐ข๐ง๐ are leading in product development. Collaborations between local and international firms have accelerated market penetration.
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐๐ ๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea's robust automotive sector is propelling the demand for cutting-edge garage equipment. The rise of electric vehicle (EV) maintenance services is creating opportunities for market players like ๐๐จ๐ก๐ง ๐๐๐๐ง ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ. Recent mergers include collaborations between ๐๐ฒ๐ฎ๐ง๐๐๐ข ๐๐จ๐ญ๐จ๐ซ๐ฌ and global equipment manufacturers to advance EV servicing tools.
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐๐ ๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's strategic focus on becoming a smart nation has influenced its automotive sector, leading to the adoption of high-tech garage equipment. Companies like ๐๐๐ซ-๐-๐๐ข๐ง๐๐ซ ๐๐ซ๐จ๐ฎ๐ฉ are introducing IoT-enabled systems in the region. Trends indicate a shift towards compact and space-efficient garage solutions suitable for urban areas.
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐๐ ๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐
The United States remains a leading market for automotive garage equipment, driven by a large vehicle base and high spending on vehicle maintenance. Companies like ๐๐ง๐๐ฉ-๐จ๐ง ๐๐ง๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐๐ and ๐๐ญ๐ฅ๐๐ฌ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ dominate the market. Recent developments include partnerships with auto repair chains and innovations in heavy-duty equipment.
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐๐ ๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe's automotive market is characterized by high adoption of environmentally friendly and efficient garage solutions. Leading players such as ๐๐จ๐ง๐ญ๐ข๐ง๐๐ง๐ญ๐๐ฅ ๐๐ and ๐๐จ๐๐๐ซ๐ญ ๐๐จ๐ฌ๐๐ก ๐๐ฆ๐๐ are investing in automation and advanced diagnostic tools. Key mergers and acquisitions in countries like Germany and France have strengthened the market's competitive landscape.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ ๐ซ๐๐ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐, ๐๐๐๐ฅ๐๐ฌ, ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ & ๐๐ก๐๐ซ๐ญ๐ฌ ๐๐ง๐๐ฅ๐ฎ๐๐๐@https://www.maximizemarketresearch.com/request-sample/36129/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐๐ ๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ:
by Garage Type
OEM authorized garage
Independent garage
by Vehicle Type
Passenger Vehicle
Commercial Vehicle
by Application
Body Shop Equipment
Diagnostic & Testing Equipment
Emission Equipment
Lifting Equipment
Washing Equipment
Wheel & Tire Equipmen
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.maximizemarketresearch.com/market-report/global-automotive-garage-equipment-market/36129/
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐๐ ๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
1. Dover Corporation
2. Continental AG
3. Robert Bosch GmbH
4. Snap-On Incorporated
5. Fortive Corporation
6. Cemb S.P.A
7. Boston Garage Equipment Ltd.
8. Aro Equipments Pvt. Ltd
9. Arex Test Systems B.V.
10. Gray Manufacturing Company
11. Guangzhou Jingjia Auto Equipment Co. Ltd
12. Maha Maschinenbau Haldenwang GmbH & Co
13. Beissbarth Automotive Service Equipment
14. Sarveshwari Engineers
15. Oil Lube Systems Pvt Ltd
16. Manatec Electronics Private Limited
17. Istobal
18. Straightset
19. V-Tech
20. Corghi
21. Hunter Engineering Company
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก :
โฆ Used Cooking Oil Market https://www.maximizemarketresearch.com/market-report/global-used-cooking-oil-market/105713/
โฆ Industrial Gas Turbine Market https://www.maximizemarketresearch.com/market-report/industrial-gas-turbine-market/164195/
โฆ Global Honeycomb Core Materials Market https://www.maximizemarketresearch.com/market-report/global-honeycomb-core-materials-market/448/
โฆ Distributed Generation Market https://www.maximizemarketresearch.com/market-report/distributed-generation-market/1141/
โฆ Smart Parcel Locker Market https://www.maximizemarketresearch.com/market-report/smart-parcel-locker-market/146818/
โฆ Hydraulic Cylinder Market https://www.maximizemarketresearch.com/market-report/global-hydraulic-cylinder-market/3211/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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