The key vendors in the Global Automotive Diagnostic Scan Tools Market are Denso Corp., Robert Bosch, GmbH, Snap-on Inc. and Softing AG.
London, 06 August 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global Automotive Diagnostic Scan Tools Market 2014-2018. The presence of high-end vehicle manufacturers in developing countries is one of the major trends. The Global Automotive market is poised to experience consistent growth in developing countries. These countries are witnessing a high adoption of vehicles from the Mid Car and Small Car segments. Vehicles in these segments use advanced electronic devices that require workshops to have diagnostic scan tools as standard equipment.
Automotive diagnostic scan tools are used to diagnose errors that occur in vehicle control modules. These tools are used in advanced workshops and help mechanics diagnose faults in vehicle control modules and repair them in less time, without any errors.
“Currently, the market is witnessing an increase in investments in the R&D of automotive diagnostic scan tools. Advanced diagnostic scan tools are equipped with large LCD displays and in-built software that can operate on the complex architecture of automotive electronic devices,” says Faisal Ghaus, Vice President of TechNavio Research.
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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