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
toolsmarket 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
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