Infinium Global Research Automotive Diagnostic Scan Tools Market | Page 3

Automotive Diagnostic Scan Tools Market: Global Industry Analysis, Trends, Market Size and
Forecasts up to 2023
Introduction
Report Description
The Global Automotive Diagnostic Scan Tools Market was sized near USD 5.5 billion in terms
of value and X.X thousand units in 2016. The global automotive diagnostic scan tools market
is projected to grow with a CAGR of 4.75% during 2017-2023. An automotive scan tool is an
electronic tool used to interface with other devices and sometimes reprogram vehicle control
modules. One of the most familiar automotive scanning tool is Snap-On “brick” or
MT2500/MTG2500.Diagnostics are often stored in ROM chips and are activated on start-up
of the system. Automotive diagnostic scan tools are widely used in the vehicle station for all
types of vehicles ranging from passenger vehicle car to heavy commercial vehicles to
agriculture vehicles. The primary function of the automotive diagnostic scan tools is to
identify the faults in the vehicles .It requires to plug the cable into vehicles diagnostic
connector. Automotive diagnostic tools are also used reprogram and upgrade the vehicles
control module.
Globally, with the rise in demand for automobiles ,especially high performance automobiles
the demand for automotive diagnostic and reprogramming tools is projected to grow at a
rapid pace over the forecast period.
This report estimates the market size of automotive diagnostic scan tools market in terms of
value (USD million) and volume (thousand units) over the period of 2015 to 2023.The year
2015 is considered to be a base year, and 2017 to 2023 is considered to be a forecast period.
Moreover, the market sizes for automotive diagnostic scan tools market in numerous
application is estimated in terms of value. This market research study provides detailed
qualitative and quantitative analysis of the global automotive diagnostic scan tools market.
Additionally, the report provides a comprehensive review of the major market drivers,
restraints, opportunities in the global as well as regional markets of automotive diagnostic
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