OBD II Scanners Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 4.1 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
During the 2018-2022 period, the demand for OBD II scanners surged due to the growing number of vehicles equipped with electronic control units (ECUs) and the need for efficient vehicle diagnostics. Increased consumer awareness of automotive maintenance, along with the rising adoption of telematics and connected vehicle systems, has fueled the demand for these scanners. Additionally, the rise in the number of car repair shops and DIY enthusiasts has boosted the market further. OBD II scanners have become essential tools for accurately diagnosing issues, making them crucial in both professional and personal vehicle maintenance.
As we move into the 2023-2033 period, the demand for OBD II scanners is expected to continue growing, but at a different pace and in new directions. With the rise of electric vehicles (EVs) and hybrid vehicles, there is an increasing need for scanners capable of diagnosing electric powertrains, battery management systems, and other complex systems unique to these vehicles. Moreover, the ongoing development of autonomous and connected vehicles is expected to add new layers of diagnostic requirements, requiring advanced OBD II scanners to handle increasingly sophisticated systems.
The growth of the OBD II scanners market will also be influenced by technological advancements such as integration with mobile apps, cloud-based services, and real-time remote diagnostics. The rise of the Internet of Things (IoT) and the demand for more seamless and integrated vehicle experiences will contribute to the market's evolution. Furthermore, the increasing focus on vehicle maintenance and repair, along with growing environmental concerns and the need for fuel efficiency, will continue to support the adoption of OBD II scanners worldwide.
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The OBD II scanners market has witnessed significant growth from 2018 to 2022, driven by advancements in automotive technology and the rising demand for vehicle diagnostics. The OBD II scanner, which helps mechanics and car owners diagnose and troubleshoot vehicle issues, has evolved over the years. From simple code readers to advanced diagnostic tools capable of providing real-time data and troubleshooting capabilities, these scanners have become indispensable in modern automotive maintenance. With the global automotive industry's shift toward more complex and digitally integrated vehicles, the OBD II scanners market has expanded, with a broad range of devices catering to various user needs.
Autel
ANCEL
Bosch
Innova
OTC Tools
Topdon
Snap-On
BlueDriver
Hella Gutmann
FOXWELL
Launch Tech
SeekOne
Konnwei
EDiag
AUTOOL
Autodiag Technology
Draper Auto
Acartool Auto Electronic
Shenzhen Chuang Xin Hong Technology
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global OBD II Scanners Market
Private Car
Commercial Vehicle
Based on Types the Market is categorized into Below types that held the largest OBD II Scanners market share In 2023.
Hand-Held Scanner
Bluetooth Scanner
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global OBD II Scanners Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global OBD II Scanners Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global OBD II Scanners Market, By Type
6. Global OBD II Scanners Market, By Application
7. Global OBD II Scanners Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global OBD II Scanners Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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