LAMEA Automotive Diagnostic Scan Tools Market Size, Share & Industry Trends Analysis Report By Type, By Workshop Equipment, By Connectivity, By Vehicle Type, By Offering Type, By Handheld Scan Tools, By Country and Growth Forecast, 2021 - 2027
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Market Report Description
The Latin America, Middle East and Africa Automotive Diagnostic Scan Tools Market would witness market growth of 7.4% CAGR during the forecast period (2021-2027).
Technological developments in the automotive sector, like the adaptive front lighting system, are occurring on a regular basis. Advanced technologies function primarily through the use of components such as sensors, which govern the working and operation of such technologies. The incorporation of such items into the automobile industry has grown the complexity of the vehicle's electrical design. Any flaw in such systems is extremely difficult to detect manually. The introduction of diagnostic tools has greatly improved the diagnosis and correction of defects in such systems, as well as the decrease of time required to execute the fault detection procedure.
The introduction of new car models, as well as rigorous government regulations for decreasing vehicle pollution levels, have resulted in diagnostic tool manufacturers developing more complex diagnostic scan tools. Wireless diagnostic tools are predicted to acquire relevance throughout the forecast period because they can provide diagnostic data to both the user and the distant diagnostic center at the same time.
The automobile sector is the most open to new technology during the last decade. Technological improvements have reshaped how cars are built, maintained, and operated. Automakers throughout the world are using electric, hybrid, and solar energy systems to substitute gas-fed engines and internal and external combustion engines in order to save natural resources and lessen environmental effects. The Middle-East electric car market is predicted to develop rapidly in the next years. Despite the fact that oil is a key source of national money and home fuel in some Middle Eastern nations, the governments are focused on renewable energy and clean transportation technologies, as well as the execution of economic and energy diversification strategies.
The influence of the COVID-19 pandemic on the Middle East and African electric vehicle market is unavoidable, as it has touched nearly every other industry in the region.
Based on Type, the market is segmented into Professional Diagnostics, OEMs Diagnostics and DIY Diagnostics. Based on Workshop Equipment, the market is segmented into Dynamometer, Headlight Tester, Fuel Injection Diagnostic, Engine Analyzer, Wheel Alignment Equipment, Pressure Leak Detection, Paint Scan Equipment and Exhaust Gas Analyzer. Based on Connectivity, the market is segmented into USB, Wi-Fi, Bluetooth. Based on Vehicle Type, the market is segmented into Passenger Cars and Commercial Vehicles. Based on Offering Type, the market is segmented into Diagnostic Equipment/Hardware and Diagnostic Software. Based on Handheld Scan Tools, the market is segmented into Digital Pressure Tester, Scanner, TPMS Tools, Battery Analyzer and Code Readers. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The Brazil market dominated the LAMEA Automotive Diagnostic Scan Tools Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $907.7 million by 2027. The Argentina market is estimated to witness a CAGR of 8% during (2021 - 2027). Additionally, The UAE market would showcase a CAGR of 7.1% during (2021 - 2027).
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, Siemens AG, Continental AG, Denso Corporation, Horiba Ltd., SGS S.A., Snap-on, Inc., Fortive Corporation (Fluke Corporation), DG Technologies (Dearborn Group), and Noregon Systems, Inc. (Hearst Communications, Inc.)
Scope of the Study
Market Segments Covered in the Report:
- Professional Diagnostics
- OEMs Diagnostics and
- DIY Diagnostics
By Workshop Equipment
- Headlight Tester
- Fuel Injection Diagnostic
- Engine Analyzer
- Wheel Alignment Equipment
- Pressure Leak Detection
- Paint Scan Equipment and
- Exhaust Gas Analyzer
By Vehicle Type
- Passenger Cars and
- Commercial Vehicles
By Offering Type
- Diagnostic Equipment/Hardware
- Diagnostic Software
By Handheld Scan Tools
- Digital Pressure Tester
- TPMS Tools
- Battery Analyzer
- Code Readers
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Robert Bosch GmbH
- Siemens AG
- Continental AG
- Denso Corporation
- Horiba Ltd.
- SGS S.A.
- Snap-on, Inc.
- Fortive Corporation (Fluke Corporation)
- DG Technologies (Dearborn Group)
- Noregon Systems, Inc. (Hearst Communications, Inc.)
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