Breaking News
  • No posts were found


October 09
18:30 2019

Automotive Diagnostic Scan Tools Market
Automotive Diagnostic Scan Tools Market by Workshop Equipment, Vehicle (Passenger & Commercial), Handheld Scan Tools (Scanner, Code Reader, Digital Pressure Tester, Battery Analyzer), Offering, EV Type, Propulsion, and Region – Global Forecast to 2027

The Automotive Diagnostic Scan Tools Market is estimated to be USD 38.9 billion in 2019 and is projected to reach USD 57.4 billion by 2027, at a CAGR of 5.0% from 2019 to 2027.

Growing demand for onboard diagnostic tools

The demand for OBD testing has increased in recent years, owing to the self-diagnostic capability of OBD equipment. OBDs provide complete control over the engine. In addition to detecting vehicle faults, OBD tools also offer emission control by providing early warnings about potential component failure. The troubleshooting properties of OBD-II allow users or technicians to detect vehicle faults. With the help of OBD tools, the user can read the status of the engine and diagnose the problem himself, rather than going to the auto shop to detect the problem.

Download PDF Brochure @

Consumers tend to prefer application-based wireless devices such as smartphones. Testing tool developers have developed various applications to work with OBD-II systems. For instance, Actron (US), a company that provides repair and diagnostic equipment, has released an application called Torque Pro for mobile devices that is likely to allow users to perform vehicle diagnostics using their mobile phones. This application works wirelessly by connecting to the OBD-II serial port using Bluetooth technology. Torque Pro is also used to monitor the performance of the vehicle. Such developments in the OBD tool are attributed to the rising demand for diagnostic tools by the consumers for maintaining their vehicles. Thus, the rising demand for OBD tools may provide a fruitful opportunity for the Automotive Diagnostic Scan Tools Market.

Maintaining a balance between high cost & performance of smart diagnostic scan tools

The dilemma faced by the players operating in the Automotive Diagnostic Scan Tools Market, is between technological innovation and cost reduction. Technologies such as OBD-II come with an additional price tag as compared to the conventional OBD-I system. A technology takes time to become popular for its manufacturers to experience economies of scale. In the emerging economies, entry-level passenger cars are in demand, and automotive manufacturers need to provide their product at competitive prices. In this case, offering costly OBD tools can be a hindrance. There is always a trade-off between the incurring cost on product innovation and the cost reduction by manufacturing conventional products. The challenge, therefore, is to come up with such diagnostic scan tool equipment that are efficient and economical at the same time.

Request Free Sample Report @

Key Players:

The automotive diagnostic scan tools market is dominated by a few global players and comprises several regional players. Some of the key manufacturers operating in the market are Denso (Japan), Bosch (Germany), Delphi (UK), Continental (Germany), and Snap-on (US).

Browse Related Report:

Automotive Wheel Market – Global Forecast to 2025
by Rim Size (13-15,16-18,19-21,>21 inch), Material (Steel, Alloy, Carbon Fiber), Off-highway (Construction & Mining, Agriculture Tractors) Vehicle Type, Vehicle Class, End-Use, and Region

Automotive Acoustic Engineering Services Market – Global Forecast to 2025
by Process (Design, Development, Test), Software (Calibration, Signal Analysis, Simulation, Vibration), Offering (Physical, Virtual), Application, Vehicle Type (ICE, Electric) & Region

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Mr. Shelly Singh

MarketsandMarkets™ INC.
630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: [email protected]

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Shelly Singh
Email: Send Email
Phone: 1-888-600-6441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL
Country: United States

Related Articles