Garage Equipment Market

Arex Test Systems B.V. (Netherland) and Snap-On Incorporated (US) are the Leading Players in the Garage Equipment Market

The automotive garage equipment market is projected to reach USD 10.7 billion by 2027 from USD 6.1 billion in 2019, at a CAGR of 7.4%. The growth of the market is driven by the inclusion of refined engines, increasing demand for connectivity services, the introduction of advanced safety features, and preventive maintenance in the automotive industry.

The leading players in the automotive garage equipment market are Arex Test Systems B.V. (Netherland), Gray Manufacturing Company Inc (US), Snap-On Incorporated (US), Vehicle Service Group (US), Robert Bosch (Germany), Continental AG (Germany), Maha Maschinenbau Haldenwang GmbH & Co. (Germany), and Boston Garage Equipment Ltd. (UK), among others. These companies have developed new products, adopted expansion strategies, and undertook collaborations, partnerships, and mergers & acquisitions to gain traction in this high-growth market.

To know about the assumptions considered for the study download the pdf brochure

Arex Test Systems B.V. (Netherland) is a leading player in the automotive garage equipment market. The company designs and develops brake test benches, exhaust gas tester, headlamp tester, and wheel lift under its garage equipment division. Arex is the exclusive importer for two Italian garage equipment manufacturers OMCN SpA and Sice automotive. In May 2019, OMCN unveiled a newly developed lift model 190/EV, specially designed for electric vehicles. This lift would help to install and to remove battery packs easy for electric vehicles.

Snap-On Incorporated (US) offers garage equipment for workshops under its John Bean and HOFMANN brands. In July 2019, John Bean launched a new swing arm tire changer called John Bean T2545T. It is ideal for handling passenger cars and light trucks due to its compact design, easy, and quick set up.

Continental AG (Germany) offers diagnostic tools in the garage equipment market. 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.

Robert Bosch (Germany) is another major player in this industry. In September 2018, Bosch launched a new diesel test bench called DCI 700 with a new measurement system for latest injector technologies. The equipment comes ergonomic design and intuitive operator guide for efficient testing.

Related Reports:

Garage Equipment Market by Type (OEM, Independent), Application (Body Shop, Diagnostic & Testing, Emission, Lifting, Wheel & Tire, Washing), Installation (Mobile, Fixed), Function (Mechanical, Electronic), Vehicle, and Region - Global Forecast to 2027

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Report Code
AT 7319
RI Published ON
8/27/2019
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Garage Equipment Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved