The Latin America, Middle East and Africa Automotive Garage Equipment Market would witness market growth of 9.9% CAGR during the forecast period (2023-2030).
Augmented Reality (AR) technology is used for technician training and real-time guidance during maintenance procedures. AR overlays digital information onto the physical workspace, offering step-by-step instructions and enhancing the efficiency and accuracy of repairs. With the rise of electric and hybrid vehicles, there is a growing demand for specialized garage equipment designed to cater to the unique needs of these vehicles. This includes tools for battery diagnostics, charging equipment, and safety measures for high-voltage components. Garage equipment manufacturers are focusing on designing modular and scalable solutions.
AI is being increasingly used in diagnostic tools to enhance accuracy and speed. AI-powered diagnostic systems can analyze complex data sets and provide more precise information about the condition of different vehicle systems, aiding technicians in identifying and addressing issues. Workshop management systems are becoming more sophisticated, integrating inventory tracking, appointment scheduling, and customer relationship management features. These systems aim to streamline administrative tasks and enhance the overall efficiency of garage operations. There is a trend toward developing garage equipment with user-friendly interfaces.
According to the Dubai Water and Electricity Authority, the number of EVs in Dubai is predicted to be about 7,331 in 2023 and 12,852 by 2025. This supports Dubai’s Green Mobility Strategy 2030, which mandates that by 2030, 30% of public sector vehicles and 10% of all new vehicle sales will be electric or hybrid. The increasing number of EV charging stations in the UAE requires maintenance and periodic servicing. Electric vehicles often feature advanced electronic systems and components in the UAE. Automotive garage equipment, such as sophisticated diagnostic tools capable of interfacing with EV control units and communication protocols, becomes essential for accurate problem identification and resolution in the UAE. Thus, due to these aspects, the market will expand across the LAMEA region in upcoming years.
The Brazil market dominated the LAMEA Automotive Garage Equipment Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $591.3 million by 2030. The Argentina market is showcasing a CAGR of 10.3% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 9.6% during (2023 - 2030).
Free Valuable Insights: The Worldwide Automotive Garage Equipment Market is Projected to reach USD 29 Billion by 2030, at a CAGR of 7.2%
Based on Garage Type, the market is segmented into Independent Garages, and OEM Authorized Garages. Based on Equipment Type, the market is segmented into Wheel & Tire Equipment, Lifting & Hoisting Equipment, Diagnostic & Testing Equipment, Washing Equipment, Hand Tools & Power Tools, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Garage Type
By Equipment Type
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