HOME Research Insight Delphi Automotive Plc (U.K), Snap On Incorporated (U.S), AVL (Austria), KPIT (India). Top players involved in the Automotive Diagnostic Scan Tools Maarket

Delphi Automotive Plc (U.K), Snap On Incorporated (U.S), AVL (Austria), KPIT (India). Top players involved in the Automotive Diagnostic Scan Tools Maarket

Increased demand for the high-end vehicles and growing stringency of emission regulations has changed the market dynamics for automotive diagnostic scan tool manufacturers. Along with this, the leading OEMs are also adopting collaboration strategies with local players in order to expand their product base and customers. The above-mentioned factors are driving innovations in automotive technologies and products. One such innovation is the new software used in automotive industry for detecting problems and providing a solution to the same.

North America accounts for the largest market share for automotive diagnostic scan tool market, of which maximum share is of the U.S. Following the North American market are the European and Asia-Pacific regions in the automotive diagnostic scan tools market. Increased government legislation for vehicle emission tracking and the growing importance of on board vehicle diagnostics are the factors which have collectively boosted the demand for the diagnostic scan tools. Alternatively, high pricing of diagnostic scan tools and comparatively low understanding of high-end technology has stirred economic advancements in the automotive diagnostic scan tool market globally. The demand for high end, faster, and technologically advanced diagnostic scan tools in the North American and European countries is also another factor increasing the demand of this product.

Top players involved in the automotive diagnostic scan tools market include, Robert Bosch GmbH (Germany), Continental AG (Germany), Denso Corp. (Japan), Delphi Automotive Plc (U.K), Snap On Incorporated (U.S), AVL (Austria), KPIT (India). Robert Bosch GmbH is one of the major automotive diagnostic scan tools suppliers and engaged in the diagnostic scan tool software segment that deals with the production and sale of automotive diagnostic scan tools. The company is one of the largest manufacturer of diagnostic scan tools. The company’s automotive business operates in 150 countries and has 55,000 associates in the research & development.

Another important player in automotive diagnostic scan tools market is Continental AG (Germany). The company is engaged in development and production of automotive diagnostic scan tools for automotive OEMs. Primarily, this company has diversified their operational area among automotive group and rubber group that includes the segments like chassis and safety, powertrain, interior, tires, and ContiTech. The automotive product portfolio of Continental AG comprises products and services for passenger cars, trucks and buses, agricultural vehicles, construction vehicles, automotive marine solutions, and two wheelers. The company has also launched and developed various products to keep pace with the technological advances in the industry.

Other major players in the diagnostic scan tools market for automotive are mainly focusing on expanding their regional presence to achieve continuous and sustainable development. This is evident from several collaborations and joint venture projects these companies have undertaken in recent years.

Related Reports:

Automotive Diagnostic Scan Tools Market by Type (Diagnostic Equipment, Diagnostic Software, Repair & diagnostic data), Workshop Equipment, Vehicle Type (PC & CV), Application, & Geography - Global Trends and Forecast to 2021

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