Emerging Garage Equipment Market Trend 2025-2034: Innovations In Alignment Scissor Lifts

How Is the Garage Equipment Market Projected to Grow, and What Is Its Market Size?
The market size for garage equipment has seen a significant increase in recent years. It is projected to rise from $7.96 billion in 2024 to $8.7 billion in 2025, reflecting a compound annual growth rate (CAGR) of 9.3%. The escalation during the previous period can be tied to the ongoing need for technicians to be trained on new technologies, the expansion in the market for luxury and high-performance vehicles, the adjustments in law, the standardization of vehicle components and systems, as well as the boosting import and export activity of vehicles.

Expectations for the garage equipment market indicate robust growth in the coming years. A projection of $12.26 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 9.0% is anticipated. Factors contributing to this anticipated growth during the forecasted period include the impact of insurance policies on vehicle repairs, infrastructure progression, evolving consumer expectations, increasing demand for quick services, the growth of vehicle warranty services and their scope, along with partnerships with original equipment manufacturers. There will also be several notable trends such as the emergence of advanced driver assistance systems, the inclusion of Internet of Things (IoT) in garage equipment, utilization of telematics systems, advent of 3D printing for part production, and development of intelligent workshops equipped with automated and interconnected tools.

What Is Contributing to the Growth of the Garage Equipment Market?
The rise in the demand for electric vehicles is anticipated to drive the expansion of the garage equipment market. Electric vehicles, which use electricity stored in batteries for their operation, have become popular due to a decrease in greenhouse gas emissions and less dependence on fossil fuels compared to conventional petrol-powered cars. Garage equipment plays a critical role in supporting electric vehicles by supplying the vital tools and technology required for their specific maintenance and repair demands. This specific equipment aids mechanics in managing everything from general upkeep to sophisticated diagnostics and repairs, ensuring flawless performance and extended lifespan of electric vehicles. As an example, in April 2024, the International Energy Agency, an autonomous intergovernmental organization based in France, reported that the worldwide sales of electric cars in 2023 neared 14 million, up by 14% compared to 2022. As such, the growing trend of electric vehicles is enhancing the evolution of the garage equipment market.

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Who Are the Major Industry Players Fueling Garage Equipment Market Expansion?
Major companies operating in the garage equipment market are Continental AG, Snap-on Incorporated, John Bean, Hunter Engineering Company, BendPak Inc., Launch Tech Co. Ltd., Stertil BV, Gray Manufacturing, Rotary Lift, Hofmann Equipment, EAE Automotive Equipment Co. Ltd., Ravaglioli, Giuliano Industrial S.p.A., Boston Garage Equipment, Istobal, Nussbaum Automotive Lifts Inc., Oil Lube Systems Pvt Ltd., Werther International S.p.A., Forward Lift, Con Air Equipments Pvt. Ltd., MAHA India Automotive Testing Equipment Private Limited, Sarveshwari Engineers

Which Key Developments Are Influencing the Garage Equipment Market?
Leading businesses in the garage equipment market are investing in the creation of technologically advanced products like the alignment scissor lifts, a breakthrough designed to boost precision in wheel alignment, enhance safety measures, and augment efficiency in maintaining both electric and conventional vehicles. These alignment scissor lifts are specialized lifts used for accurate wheel alignment, equipped with adjustable platforms, impressive stability, and built-in lighting for detailed inspections. To illustrate, Snap-on, a renowned machinery producer based in the United States, unveiled the Sun SSL 6400 Alignment Scissor Lift 4T in July 2022. This lift, a 4.8m, 4000kg capacity gadget, is perfect for minor garages and tire centers, featuring adaptable turntable positioning, an open-front layout, four electro-hydraulic rams, and LED lights for exact wheel alignments. Boasting a certified maximum lifting capacity of 4000 kg (8800 lbs) and a lifting spectrum of 230 mm to 1900 mm (9 to 75 inches), this lift caters to wheel alignment needs and is perfect for smaller garages and tire centers.

How Is the Segmentation of the Garage Equipment Market Defined?
The garage equipment market covered in this report is segmented -

1) By Equipment Type: Body Shop Equipment, Diagnostic And Test Equipment, Emission Equipment, Lifting Equipment, Washing Equipment, Wheel And Tire Equipment, Other Equipment Types
2) By Garage Type: Original Equipment Manufacturer (OEM) Authorized Garage, Independent Garage, Franchise Garages
3) By Installation Type: Mobile, Fixed
4) By Function Type: Electronic, Mechanical
5) By Vehicle Type: Passenger Vehicles, Commercial Vehicles

Subsegments:
1) By Body Shop Equipment: Spray Booths, Frame Machines, Dent Repair Equipment, Paintless Dent Removal (Pdr) Tools
2) By Diagnostic And Test Equipment: Vehicle Diagnostics Scanners, Tire Pressure Monitoring System (Tpms) Tools, Emission Testing Systems, Battery Testers
3) By Emission Equipment: Exhaust Gas Analyzers, Particulate Matter (Pm) Testers, Nitrogen Oxide (Nox) Analyzers
4) By Lifting Equipment: Vehicle Lifts, Floor Jacks, Scissor Lifts, Wheel Dollies
5) By Washing Equipment: Car Wash Systems, High-pressure Washers, Vehicle Cleaning Equipment
6) By Wheel And Tire Equipment: Tire Changers, Wheel Balancers, Wheel Alignment Systems
7) By Other Equipment Types: Air Compressors, Battery Chargers, Workshop Tools

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What Is the Leading Region in the Garage Equipment Market?
North America was the largest region in the garage equipment market in 2023. The regions covered in the garage equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Garage Equipment Global Market Report?

- Market Size Analysis: Analyze the Garage Equipment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Garage Equipment Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Garage Equipment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Garage Equipment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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