Automotive Workshops Equipment Market - Trends Forecast Till 2028

Market Overview

The Automotive Workshops Equipment Market size is projected to reach a CAGR of 8.0% from 2022 to 2028.

The advent of autonomous vehicles, implementation of advanced connectivity features, OEM and government focus on electric vehicles, use of sensor data for preventive maintenance, and concerns of vehicle and passenger safety are some of the factors that have supported long-term expansion for Automotive Workshops Equipment Market.

Regional Analysis

North America is expected to lead the market during the forecast period. The US is the major country fueling the growth in the region. The automotive industry in the country is inclined towards innovation, technology, and development of high-performance and fuel-efficient vehicles.

Insights are provided for each region and major countries within the regions

Competitive Landscape

Key Players

• BorgWarner Inc.
• Robert Bosch Ltd.
• AVL DiTEST GmbH
• TEXA S.p.A.
• ACTIA Group
• Snap-on Incorporated
• Continental AG
• Denso Corporation
• Istobal S.A.
• Aro Equipment Pvt. Ltd
• Arex Test Systems B.V.
• Vehicle Service Group
• Gray Manufacturing Company

Recent Developments

• In February 2019, Continental launched TPMS GO, an entry-level service tool for tire pressure monitoring systems (TPMS). According to the company, this new device would be practical, rugged, and economical as workshop equipment.
• In July 2019, John Bean launched a new swing arm tire changer called John Bean T2545T. It would be ideal for handling passenger cars and light trucks due to its compact design, easy, and quick set up.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Automotive Workshops Equipment Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope