The anticipated size of the automotive garage equipment market in 2022 was USD 24.4 billion and is estimated to be USD 26.8 billion in 2023. Demand in the automotive garage equipment market is raising through the promotion of existing repair shops and independent garages, which are boosting the sales of the vehicle in emerging economies.
Future Market Insights has mentioned in its reports that the automotive composites market is predicted to expand at a CAGR of 8.94% between 2023 and 2033, totaling around USD 63.1 billion by 2033.
Sales in the global automotive garage equipment market are slated to reach USD 24.4 billion in 2022. Increasing replacement and repair services in used cars are expected to boost sales at a steady 4.3% CAGR, pushing the market size to USD 32.9 billion in 2029.
The Automotive Garage Equipment Market is witnessing significant growth as automotive workshops and service centers invest in advanced, efficient, and tech-enabled tools to cater to increasingly sophisticated vehicle systems. This includes EV-compatible tools, digital diagnostic platforms, and eco-friendly repair solutions that enhance precision, safety, and productivity.
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Key Takeaways
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Surge in automotive repair and maintenance activities is boosting demand
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Rising adoption of automated and digital garage tools
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EVs and connected cars require specialized equipment and calibration tools
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Growth in independent repair shops and franchise service networks
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Government regulations emphasizing vehicle safety and emissions testing
Key Drivers
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Increasing vehicle ownership and fleet sizes globally
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Growth in used vehicle sales, demanding frequent diagnostics and upkeep
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Stringent roadworthiness and emission norms requiring certified testing tools
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Expansion of workshop automation and connected service platforms
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Rise in DIY car repair trends and mobile mechanics
Growth Opportunities
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Development of EV service-compatible garage tools
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Integration of AI and AR-based diagnostics systems
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Eco-friendly equipment for low-emission or waterless car wash systems
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Surge in demand for automated lifting and alignment systems
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Smart garage concepts driven by IoT integration and digital scheduling
Key Equipment Categories
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Lifting Equipment – Hydraulic lifts, scissor lifts, two-post lifts
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Diagnostic & Testing Equipment – OBD tools, emissions analyzers, wheel alignment systems
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Washing Equipment – Automatic car wash, steam cleaners
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Air Compressors & Pneumatic Tools – Impact wrenches, tire inflators
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Body Shop Equipment – Dent pullers, spray booths, frame straighteners
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Tire Equipment – Balancers, changers, inflators
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Battery & EV Servicing Tools – Battery testers, charging equipment, software updates
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Key Players
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Snap-on Incorporated
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Robert Bosch GmbH
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Launch Tech Co., Ltd.
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Hunter Engineering Company
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Manatec Electronics Pvt. Ltd.
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MAHA Maschinenbau Haldenwang GmbH & Co. KG
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Rotary Lift
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Atlas Automotive Equipment
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Aro Equipments Pvt. Ltd.
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Vehicle Service Group (VSG)
Key Segmentations
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By Equipment Type – Lifting, Diagnostic, Washing, Body Shop, Emission, Tire
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By Vehicle Type – Passenger Cars, Commercial Vehicles, Electric Vehicles
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By Garage Type – OEM Authorized, Independent, Franchise, Mobile Garages
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By Region – North America, Europe, Asia Pacific, Latin America, Middle East & Africa
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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