Automotive Garage Equipment Market, By Vehicle Type (Passenger Cars and Commercial Vehicles), By Equipment Type (Wheel & Tire Service Equipment, Lifting Equipment, Vehicle Diagnostic & Testing Equipment, Body Shop Equipment, Washing Equipment and other Tools), By Garage Type (Automotive OEM Dealerships, Franchised Garages, and Independent Garages), By Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) – Market Size & Forecasting To 2030

The Global Automotive Garage Equipment Market size was valued at USD xx billion in 2019 and is anticipated to grow at a CAGR of xx during the forecast period. Motor vehicles require suitable repair and maintenance to ensure proper and efficient operation. The implementation of advanced connectivity features, use of sensor data for preventive maintenance, and original equipment manufacturer (OEM), and government focus on electric vehicles are likely to drive the market growth in the forecast period.

In addition, advent of autonomous vehicles, and concerns of passenger and vehicle safety are also driving the automotive garage equipment market in the near future. The increase in the population led to high demand for transportation, which fuelled the growth of the automotive industry. This is the key factors driving the growth of the automotive garage equipment market. Moreover, increasing pollution levels have led the governments to implement stringent regulations on vehicle emissions.

Furthermore, there have been consistent changes in the car sector, for example, reception of airbags for security reasons, lightweight motor for higher eco-friendliness, and utilization of gadgets for a progressively agreeable ride. So as to keep up these parts, propelled hardware is required. This powers the interest for carport hardware, as vehicle proprietors need affirmation after a specific time period from confirmed carports.

On the other hand availability of original equipment parts at a lower price is anticipated to hamper the rate of automotive garage equipment market in the forecast period. In addition, repair activities, and high costs associated with the repairing and maintenance off luxury vehicles is anticipated to hamper the growth of the market.

Automotive Garage Equipment Market, by Garage Type:

Based on garage type, the automotive garage equipment market has been segmented into franchised garages, automotive OEM dealerships, and independent garages.

Due to the surging maintenance and repair cost in the OEM authorized garages, the car holders are getting their cars serviced from independent garages. Such trends will upsurge the demand for garage equipment for independent garages.

Automotive Garage Equipment Market, by Region:

Based on the region, the global automotive garage equipment market has been segmented by North America, Europe, Asia Pacific, Middle East & Africa, and South America. In terms of revenue, Asia Pacific holds a dominant position in the global automotive garage equipment market. The Asia Pacific automotive garage hardware advertise is relied upon command. The global car carport gear showcase attributable to the nearness of a number of autonomous carports and OEM businesses in nations in the district.

Expanding per capita salary, rigid security standards, and rising interest for premium, and extravagance vehicles in the locale assumes a significant job for the development of the car carport hardware advertise. North America represents a noteworthy offer in the worldwide market regarding income and is required to keep up its development rate over the figure time frame.

The Europe advertise represents a moderate-income share in the worldwide market and is relied upon to observe impressive development. Additionally, the market in the Middle East and Africa are likewise expected to enrol moderate development rates over the forecast period.

The report analyses factors affecting the automotive garage equipment market from both the demand and supply side and further analyses market dynamics affecting the market during the forecast year such as driver, restrain opportunities, and future trends.

The report also provides a comprehensive Porter’s model analysis on the automotive garage equipment market for all five regions namely; North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Competitive Landscape

Major market companies are also accepting inorganic growth strategies like as acquisition of local brands. Similarly, other business models such as joint venture and market entry strategies are helping prominent vendors to make their presence felt in the automotive garage equipment market, and increase their product portfolio. The key leading players in the market Robert Bosch GmbH, Continental AG, Istobal S.A., Aro Equipment’s Pvt. Ltd, Guangzhou Jingjia Auto Equipment Co., Ltd., and others.

This report also includes the profiles of key automotive garage equipment market companies along with their SWOT analysis and market strategies. In addition, these competitive landscapes offer a detailed description of respectively company comprising key mergers & acquisitions, future capacities, financial overview, collaborations, partnerships, new product developments, new product launches, and other latest industrial developments.

What Does This Report Provide?

This report provides a detailed understanding of the global automotive garage equipment market from qualitative and quantitative perspectives during the forecast period. The study report also offers dynamic indicators with possible impact on the market in the forecast period and an in-depth analysis of the key companies operating in the market.

Automotive Garage Equipment Market Segmentation:

By Vehicle Type: 

  • Passenger Cars
  • Commercial Vehicles

By Equipment Type:

  • Wheel & Tire Service Equipment
  • Lifting Equipment
  • Vehicle Diagnostic & Testing Equipment
  • Body Shop Equipment
  • Washing Equipment
  • other Tools

By Garage Type:

  • Automotive OEM Dealerships
  • Franchised Garages
  • Independent Garages

 By Region:                  

North America Automotive Garage Equipment Market

  • North America, by Country
    • US
    • Canada
    • Mexico
  • North America, by Type
  • North America, by Equipment Type,
  • North America, by Garage Type,

Europe Automotive Garage Equipment Market

  • Europe, by Country
    • Germany
    • Russia
    • UK
    • France
    • Italy
    • Spain
    • The Netherlands
    • Rest of Europe 
  • Europe, by Type
  • Europe, by Equipment Type,
  • Europe, by Garage Type

Asia Pacific Automotive garage equipment Market

  • Asia Pacific, by Country
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Indonesia
    • Rest of Asia Pacific 
  • Asia Pacific, by Type
  • Asia Pacific, by Equipment Type,
  • Asia Pacific, by Garage Type

Middle East & Africa Automotive garage equipment Market

  • Middle East & Africa, by Country 
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East & Africa
  • Middle East & Africa, by Engine Type
  • Middle East & Africa, by Equipment Type,
  • Middle East & Africa, by Garage Type

South America Automotive garage equipment Market

  • South America, by Country 
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America
  • South America, by Type
  • South America, by Equipment Type,
  • South America, by Garage Type

Reasons to Buy This Report:

  • Market size estimation of the automotive garage equipment market on a regional and global basis
  • Unique research Usage for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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