Global Automotive Diagnostic Tools Market - Growth, Trends, and Forecast (2018 - 2023)

  • ID: 4515610
  • Report
  • Region: Global
  • 90 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • Actia Group
  • Bosch
  • Carman
  • Continental AG
  • Delphi Automotive PLC
  • General Technologies Corp
  • MORE
The automotive diagnostic tools market is expected to register a CAGR of 7.58% during the forecast period, 2018 to 2023. Automobiles have become highly complex in the recent years. The function and role of the advanced electronic systems that control every aspect of the car have increased substantially. High-end vehicles have become fully automated and computer controlled. With the rising concerns for reducing emissions from vehicles, more countries are anticipated to mandate the diagnostic systems. Subsequently, the market for electronic diagnostic tools has increased multifold in the recent years. Though, the diagnostics were a part of vehicles for a long time in countries, like US and EU, other countries have not been a part of the list, until recently. Many countries, such as Mexico, Argentina, Brazil, China, Israel, Japan, India etc. have mandated the diagnostic systems in automobiles between 2000 and 2010. In order to reduce the complexities faced by manufacturers to comply with diagnostic standards in different countries, a single harmonized Global Technical Standards for diagnostics and testing procedures is being proposed, which would be accepted and followed in the contracting parties. Until recently, the data extracted from the vehicle diagnostic system was only available with the manufacturers, which gave automakers and their service centers an advantage over independent aftermarket service centers. However, in 2011, the European Union has passed a regulation - EU 566/2011 - according to which, data from the vehicle diagnostic system should be made available to independent aftermarket maintenance centers by the automakers. This regulation helps increase the market for the diagnostic tools, as aftermarket business would try to gain a share in the repair and service market by competing with OEM service centers by providing a similar service. The shift of the automotive industry from IC engine vehicles to electric vehicles would also have an impact on the diagnostics market, as the parameters and components in both types of vehicles differ. The advanced and complex electrical architecture in electric vehicles is anticipated to be the major focus of the diagnostics of the electric vehicles, replacing the diagnostics of Powertrain Control Module in IC engine vehicles. However, unlike the considerably standardized protocol in IC engine vehicles, the diagnostics in EV are not as standardized, and the protocol differs from manufacturer to manufacturer.

Software

The software needed for running diagnostics is highly variable and needs to keep on updating every few years. Also, the software space is seeing heavy research and development. This is expected to result in the software category achieving the highest growth rate in the forecast period. On account of the higher sales growth and technology in the overall passenger vehicle market, the diagnostic tools for passenger vehicles are projected to grow at a higher rate than that of commercial vehicles.

Key Developments in the Market
  • December 2017: KPIT collaborated with SAP India to help businesses to adopt transformative technology.
  • December 2017: Vector Informatik GmbH and SYSGO AG joined forces for AUTOSAR Adaptive
  • September 2017: Snap-on introduced the exclusive intelligent diagnostics available on the new ZEUS platform.
  • September 2017: Softing DTS 8 Release 13 - now supporting CAN-FD for Diagnostics
  • June 2017: Snap-on introduced ETHOS® Edge.
  • June 2017: Delphi signed an agreement with Great Wall Motor, for the supply of a series of its active safety solutions, such as Intelligent Forward View (IFV) systems, Mid-Range Radar (MRR) and Short-Range Radar (SRR), to Great Wall Motor, for its next-generation sport utility vehicles (SUVs).
  • June 2017: Continental acquired the Singapore-based mobility intelligence provider, Quantum Inventions, to improve its sales through mobility services by 2022.
  • February 2017: Vector Informatik acquired USA-based Vector Software, Inc. - Strategic acquisition is a major step toward a complete solution for the testing of software-based embedded and connected systems
Major players: ACTIA GROUP, KPIT, SOFTING, VECTOR INFORMATIK, BOSCH, CONTINENTAL AG, DELPHI AUTOMOTIVE PLC, GENERAL TECHNOLOGIES CORP, SNAP-ON, CARMAN, amongst others.

Reasons to Purchase this Report
  • The report analyses how the increase in sales of electric vehicles will impact the automotive diagnostics market
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
  • The diagnostic tool type that is expected to dominate the market
  • The regions that are expected to witness fastest growth during the forecast period
  • Identifying the latest developments, market shares and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet (in Excel)
Customization of the Report

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Actia Group
  • Bosch
  • Carman
  • Continental AG
  • Delphi Automotive PLC
  • General Technologies Corp
  • MORE
1. Introduction
1.1. Research Methodology
1.2. General Study Assumptions

2. Research Methodology
2.1. Introduction
2.2. Analysis Methodology
2.3. Study Assumptions
2.4. Econometric Forecast Model

3. Executive Summary

4. Market Overview And Technology Trends
4.1. Current Market Scenario
4.2. Technology Trends
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power Of The Suppliers
4.3.2. Bargaining Power Of The Consumers
4.3.3. Threat Of New Entrants
4.3.4. Threat Of Substitute Products And Services
4.3.5. Competitive Rivalry Within The Industry

5. Market Dynamics
5.1. Drivers
5.1.1. Increasing Penetration Of Electronics In Automobiles
5.1.2. Increasing Mandates For OBD In Different Countries
5.1.3. Accident Avoidance - Vehicle Health Monitoring
5.2. Restraints
5.2.1. Fraudulent/Unethical Use Of Diagnostic Tools
5.3. Opportunities
5.3.1. Increase In Sales Of Electric Vehicles

6. Global Automotive Diagnostic Tools Market, Segmented By Vehicle
6.1. Passenger Cars
6.2. Commercial Vehicles

7. Global Automotive Diagnostic Tools Market, Segmented By Type
7.1. OBD
7.2. Electric System Analyzer
7.3. Scan Tool

8. Global Automotive Diagnostic Tools Market, Segmented By Geography
8.1. North America
8.1.1. The United States
8.1.2. Canada
8.1.3. Rest of North America
8.2. Asia-Pacific
8.2.1. China
8.2.2. Japan
8.2.3. India
8.2.4. Rest of Asia-Pacific
8.3. Europe
8.3.1. Germany
8.3.2. United Kingdom
8.3.3. France
8.3.4. Rest of Europe
8.4. Rest Of The World
8.4.1. Brazil
8.4.2. South Africa
8.4.3. Others

9. Competitive Landscape
9.1. Introduction
9.2. Market Share Analysis

10. Company Profiles
10.1. Actia Group
10.2. KPIT
10.3. Softing
10.4. Vector Informatik
10.5. Bosch
10.6. Continental AG
10.7. Delphi Automotive PLC
10.8. General Technologies Corp
10.9. Snap-on
10.10. Carman

11. Future Outlook
12. Disclaimer
Note: Product cover images may vary from those shown
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  • Actia Group
  • KPIT
  • Softing
  • Vector Informatik
  • Bosch
  • Continental AG
  • Delphi Automotive PLC
  • General Technologies Corp
  • Snap-on
  • Carman
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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