Global automotive diagnostic scan tools market size from passenger vehicles will record more than 5% CAGR through 2030. The production volume of these vehicles is growing at a considerable rate every year due to the rising disposable income of the global population.

Diagnostic scan software will hold a major share of global automotive diagnostic scan tools market by 2030. The growing use of automation and other innovative technologies in vehicles has also increased the need for advanced software that can efficiently handle large data loads of the connected devices.

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With the help of highly qualified technicians, the software can be used to analyze a car’s ignition, engine, RPM levels, and fuel ignition performance. In May 2022, Bosch announced the release of its 4.21 software update for the ADS and ADS X series tools, which will help technicians service new vehicle technologies in several models. Similarly, in the same year, TOPDON launched the Phoenix Remote, a cutting-edge vehicle scan tool that delivers unlimited diagnostic offerings and capabilities.

The automotive sector is expanding at a robust pace due to the large-scale production of electric vehicles (EVs). According to the International Energy Agency (IEA), around 6.6 million electric cars were sold across the world. The intergovernmental agency also estimates that, as of 2022, there are more than 16 million e-cars on the road around the world.

With the arrival of EVs, diagnostic scanning technologies are also undergoing advancements to offer the best-in-class services to customers. Remote diagnostic tools are on the rise to give real-time reports on the defects in EV models.

For example, General Motors, in May 2021, announced plans to install onboard diagnostic software in all its future EVs to detect battery anomalies and predict fires. This move will significantly improve vehicle health alert & roadside assistance applications of diagnostic scan tools.

Rising public awareness regarding timely vehicle maintenance to avoid premature failures will augment global automotive diagnostic scan tools industry share. According to the U.S. National Highway Traffic Safety Administration (NHTSA), an average of 45,000 accidents occur every year due to poor vehicle maintenance on owners’ part.

Car diagnostic scan tools, which are also known as On-Board Diagnostic (OBD) scanners, access, collect, and scan the data memory from a customer’s vehicle to detect any faults in the components. The tools can also read out important data, such as fluid temperatures and fuel consumption. Global automotive diagnostic scan tools market value is predicted to cross USD 60 billion by 2030.

According to the European Automobile Manufacturers’ Association (ACEA), passenger car sales are anticipated to rise by 7.9% in 2022 as the shortage of semiconductors has started to stabilize. The growing demand for electric cars will also augment the product sale.

Global automotive diagnostic scan tools market share will grow at a substantial rate due to the notable presence of reputed companies, such as Denso Corporation, Delphi Automotive PLC, Daimler AG, Continental AG, Fluke Corporation, and DG Technologies, among many others. These organizations are the leading suppliers of automotive diagnostic tools.

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Some Point from Table of Contents:

Data Tables

TABLE 1    Automotive diagnostic scan tools industry 360º synopsis, 2018 – 2030

TABLE 2    Automotive diagnostic scan tools market, 2018 – 2021 (USD Million)

TABLE 3    Automotive diagnostic scan tools industry, 2022 – 2030 (USD Million)

TABLE 4    Automotive diagnostic scan tools industry, by region, 2018 – 2021 (USD Million)

TABLE 5    Automotive diagnostic scan tools industry, by region, 2022 – 2030 (USD Million)

TABLE 6    Automotive diagnostic scan tools market, by vehicle type, 2018 – 2021 (USD Million)

TABLE 7    Automotive diagnostic scan tools market, by vehicle type, 2022 – 2030 (USD Million)

TABLE 8    Automotive diagnostic scan tools market, by tool type, 2018 – 2021 (USD Million)

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