The global automotive diagnostic scan tools market, fueled by a number of technological advancements, is rapidly becoming an extremely lucrative investment avenue of the automotive industry. Environmental concerns and the digital transformation of the automobile sector are also being hailed as important factors that have helped expedite the prominence of automotive diagnostic scan tools industry.

The concept of automotive diagnostics initially began in the form of mechanical gauges that notified the vehicle operator on the overall health of the automobile, by monitoring factors such as the oil pressure, the fuel level and engine health & integrity, that were essential for the smooth operation of the vehicle. The idea behind these automotive aids has successfully kept up with changing times and is the reason why diagnostic scan tools, powered by technological advancements, are still seen adorning a vehicle’s dashboard today.

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If only, the discipline of automotive diagnostics has actually thrived with changing times and has managed to depict a substantial level of diversity, wherein modern-day challenges like vehicle emissions are effectively being tackled through diagnostic tools. In fact, these challenges have seemingly opened up new growth opportunities for the automotive diagnostic scan tools market.

As vehicles keep on incorporating more internal electronic components, the demand for sophisticated diagnostic services that help consumers maintain their vehicles is expected to witness a significant rise. This would irrefutably make the automotive industry’s digital transformation one of the biggest drivers fueling the growth of automotive diagnostic scan tools market in the forthcoming years.

According to the World Economic Forum, the digitization of the automobile industry possesses the potential to generate substantial value for the society & the industry both. In fact, the organization estimates that there is approximately $0.67 trillion worth of value at stake for the automobile industry & an additional $3.1 trillion in societal benefits in the industry’s transformation by 2025, creating significant growth opportunity for the automotive diagnostic scan tools market in the forthcoming years.

According to the United Nations, urban mobility is fast becoming one of the biggest challenges developing & developed nations are facing today. Vehicle emissions are estimated to be responsible for approximately a quarter of the world’s energy-related CO2, raising concerns over its impact on the environment and urban life.

To tackle the challenge of vehicle emissions a majority of governments across the world have passed legislations that require automobile manufacturers to produce vehicles that adhere to a pre-determined level of emission.

These legislations have been fueling the demands for emission control units in the industry. In fact, the Environmental Protection Agency discovered that, when compared to brand-new, fresh off the line vehicles of the 1970s, modern-day SUVs & pickup trucks, vehicles that burn fuel at an astonishing rate, are approximately 99% more cleaner in terms of emissions.

Demonstrating effectiveness while also fueling the need for the incorporation of emission control units in automobiles will help automotive diagnostic scan tools market chart out a lucrative growth path in the coming years.

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Partial Chapter of the Table of Content

Chapter 6. Automotive Diagnostic Scan Tools Market, By Application

6.1. Key trends, by application

6.2. Automatic crash notification

6.2.1. Automatic crash notification market estimates and forecast, 2014-2025

6.3. Vehicle tracking

6.3.1. Vehicle tracking market estimates and forecast, 2014-2025

6.4. Vehicle health alert & roadside assistance

6.4.1. Vehicle health alert & roadside assistance market estimates and forecast, 2014-2025

6.5. Repair and maintenance

6.5.1. Repair and maintenance market estimates and forecast, 2014-2025

6.6. Emission control

6.6.1. Emission control market estimates and forecast, 2014-2025

6.7. Others

6.7.1. Others market estimates and forecast, 2014-2025

Chapter 7. Automotive Diagnostic Scan Tools market, By Vehicle Type

7.1. Key trends, by vehicle type

7.2. Passenger vehicle

7.2.1. Passenger vehicle market estimates and forecast, 2014-2025

7.3. Commercial vehicle

7.3.1. Commercial vehicle market estimates and forecast, 2014-2025

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