The Impact Of Electric Vehicle Adoption On The Garage Equipment Market: Pivotal Factor Influencing Garage Equipment Market Growth in 2025

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Garage Equipment Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been robust growth in the garage equipment market size. A rise from $7.96 billion in 2024 to $8.7 billion in 2025, with a compound annual growth rate (CAGR) of 9.3% is forecasted. This expansion during the historical period can be linked to the ongoing need for technician training on innovative technologies, a thriving market for luxury and high-performance automobiles, adjustments in law, the normalization of vehicle parts and systems, and a surge in vehicle import and export.

How Will the Garage Equipment Market Size Evolve and Grow by 2029?
Anticipated to experience robust growth in the coming years, the garage equipment market is projected to expand to $12.26 billion by 2029, with a compound annual growth rate (CAGR) of 9.0%. This surge during the forecast period can be ascribed to various factors such as the impact of insurance policies on vehicle repairs, progression in infrastructure, evolving customer needs, and the desire for quicker service. The expansion of warranty services for vehicles, their coverage, and partnerships with original equipment manufacturers also contribute to this growth. Key trends to watch during this period include enhanced driver assistance systems, IoT integration in garage equipment, the embrace of telematics systems, breakthroughs in 3D printing for part production, and the evolution of smart workshops equipped with automated and interconnected tools.

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What Drivers Are Propelling the Growth of Garage Equipment Market Forward?
The burgeoning interest in electric vehicles is predicted to fuel the expansion of the garage equipment market in the future. Electric vehicles, or cars powered by electricity stored in their batteries, are gaining popularity due to their contribution to decreased greenhouse gas emissions and reduced dependence on fossil fuels, juxtaposed with their gasoline-powered counterparts. Garage equipment assists electric vehicles by supplying the essential instruments and technologies required for their distinctive maintenance and repair necessities. This dedicated equipment enables mechanics to manage everything from basic upkeep to intricate diagnostics and fixes, ensuring the seamless functioning and extended lifespan of electric vehicles. For instance, it was reported by the International Energy Agency, an autonomous intergovernmental organization based in France, that the global sales of electric cars neared 14 million in 2023, a growth from 14% in 2022. As a result, the accelerating trend of electric vehicles adoption propels the expansion of the garage equipment market.

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Which Emerging Trends Are Transforming the Garage Equipment Market in 2025?
Prominent entities in the garage equipment market are innovating and introducing sophisticated tools such as alignment scissor lifts to boost precision in wheel alignment, enhance safety protocols, and escalate efficiency in the servicing process of electric and traditional vehicles. Alignment scissor lifts, vehicle lifts designed meticulously for accurate wheel alignment, are equipped with adjustable platforms, offer high stability, and are fitted with inbuilt lighting structures for inspection purposes. For example, in July 2022, Snap-on, a machinery manufacturing entity based in the US, introduced the Sun SSL 6400 Alignment Scissor Lift 4T into the market. This specific product, a 4.8m, 4000kg capacity lift, is perfectly suited for smaller garages and tire centers. It provides adjustable turntable placement, an open-front structure, quad electro-hydraulic rams, and LED lighting for optimal wheel alignment. The lift, with a certified maximum lifting load capacity of 4000 kg (8800 lbs) and an elevation range from 230 mm to 1900 mm (9 into 75 in), is purpose-built for wheel alignment tasks and is the preferred choice for smaller garages and tire servicing centers.

What Are the Key Segments in the Garage Equipment Market?
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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Who Are the Key Players Shaping the Garage Equipment Market's Competitive Landscape?
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

What Geographic Markets Are Powering Growth 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.

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