Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Automotive Garage Equipment Market Research Report
Automotive Garage Equipment Market Share, Size, Trends, And Business Opportunity Analysis
Report 2019 include historic data, with forecast data to 2025. Automotive Garage Equipment
Industry report is helpful for future strategy development, and to know about Market Drivers,
Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to
2025.
The global automotive garage equipment market witnesses changing trends on a day to day basis.
Garage equipment manufacturers are constantly researching and developing technologies to enable
garage equipment operators to smoothly perform their day to day functions and increase
shop/plant productivity. For instance, in January 2019, Porsche Center Tonbridge recently adopted
WORKY’s touchless exhaust extraction system at its new flagship dealership. This arm series is the
most advanced solution for extracting exhaust gases, which are produced by all types of vehicles,
regardless of the size and position of the exhaust pipes. The global automotive garage equipment
market is estimated to witness 4.22% CAGR from 2019–2025.
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Prominent Players
The Prominent Players operating in the global automotive garage equipment market are Istobal S.A.
(US), Robert Bosch GmbH (Germany), Gray Manufacturing Company, Inc. (US), Continental AG
(Germany), Aro Equipments Pvt. Ltd (India), Nussbaum Automotive Solutions Lp (US), Vehicle
Service Group (US), MAHA Mechanical Engineering Haldenwang GmbH & Co. KG (Germany),
Guangzhou Jingjia Auto Equipment Co., Ltd (China), Boston Garage Equipment Ltd (UK), VisiCon
Automatisierungstechnik GmbH (Germany), and Arex Test Systems B.V. (Netherlands).
Segmentation of Automotive Garage Equipment
On the basis of equipment type, the wheel & tire service equipment segment is estimated to
dominate the global automotive garage equipment market owing to substantial demand for wheel
alignment systems and wheel balancing equipment. This can be attributed to the frequency of
vehicle servicing and maintenance for wheel alignment and balancing, along with tire changing and
inflation problems is relatively high in countries such as China, India, South Africa, Mexico, and
Brazil.
On the basis of vehicle type, the passenger car segment is estimated to hold the largest market
share in the global automotive garage equipment market owing to its large fleet size and long
lifespan.
On the basis of garage type, the introduction of advanced and more reliable vehicle maintenance
and servicing solutions in OEM dealerships and franchised garages could drive the global
automotive garage equipment market over the forecast period. However, independent garages
provide relatively cheaper servicing and maintenance to vehicle owners, which accounts for its
dominant share in the global automotive garage equipment market.
Regional Analysis of Automotive Garage Equipment Market
Geographically, the global automotive garage equipment market has been segmented into four
regions, which are North America, Europe, Asia-Pacific, and the rest of the world. The automotive