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Diagnostic tools facilitate early detection and rectification of faults before it causes much damage to vehicles. Also, the boom witnessed in the vehicle insurance industry is anticipated to reflect on the growth pattern of the Automotive Diagnostic Scan Tools market. On the contrary, high input cost remains an impediment to market growth.
Segmentation:
By Product Type, the global Automotive Diagnostic Scan Tools market has been segmented into diagnostic equipment (hardware), diagnostic software, automotive diagnostic scan tool technology, and repair & diagnostic data.
By equipment type, the Automotive Diagnostic Scan Tools market has been segmented into wheel alignment tester, digital battery tester, vehicle emission test system and others.
By vehicle type, the global Automotive Diagnostic Scan Tools market has been segmented into passenger car and commercial vehicles.
Regional Analysis
The global Automotive Diagnostic Scan Tools market, by region, has been segmented into four major regions - North America, Europe, Asia Pacific, and the Rest of the World (RoW). Asia Pacific is projected to hold its dominant position in the marketplace over the next few years. The developments and implementation of automotive technology are presumed to support the growth of the Automotive Diagnostic Scan Tools market in the forthcoming years. Also, the thriving economic growth of the region is also expected to aid the proliferation of the market across the assessment period. The fast-developing countries such as China, India, and Japan are poised to propel the expansion of the regional market by contributing significantly.
Competitive Dashboard
The noted players of the Automotive Diagnostic Scan Tools market profiled in this MRFR report are Snap on Incorporated (U.S.), Robert Bosch GmbH (Germany), Denso Corporation (Japan), Continental AG (Germany)
Industry News
In July 2018, an industry leader in OEM diagnostic scanning, AirPro Diagnostics (APD), has announced the launch of a pocket-sized scan tool, FieldPro mobile scanning solution, which Serves as the wireless link between the damaged vehicle and the insurance field appraiser.
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