Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Automotive Diagnostic Tool Market Research Report | Page 2

perform the process of fault detection. The introduction of new vehicle
models, and stringent government regulation for lowering of vehicle
emission levels, have led to more advanced diagnostic scan tools by the
diagnostic tool manufacturers. Over the forecast period, the wireless
diagnostic tools are expected to gain importance as they have the
capability of providing diagnostic information to both, the user and the
remote diagnostic center, at the same time.
However, the growth of this market is expected to be restrained by the
high input costs and the immense need of maintaining a balance
between the high cost and smart technology by the manufacturers.
The global automotive diagnostic tool market has seen remarkable
growth in the global market and it has been observed that, its demand in
the future is expected to grow with the CAGR of ~5%.
Base on equipment type, the global automotive diagnostic tool market
has been segmented as wheel alignment tester, digital battery tester,
vehicle emission test system and others. Amongst these, the vehicle
emission test system is expected to grow the fastest, owing to the
increase in the stringent government norms regarding vehicle emissions.
The continuous monitoring of vehicle emissions, majorly in the regions of
North America and Europe, is one of the major reasons contributing in
the growth of this market.
Geographically, the global automotive diagnostic tool market has been
divided into four major regions of North America, Europe, Asia Pacific
and Rest of the World. The Asia Pacific region is expected to experience
the highest growth in automotive diagnostic tool market. The major factor
driving the growth of the automotive diagnostic tool market in the Asia
Pacific region is the increase in preference of consumers for
automobiles with advanced technology. The stringent government
standards that focus on controlling the emission levels from the vehicles,
also add to the market growth. The developing countries in the region
such as China, India, and Japan, are more prone to adopt the advanced