AUTONOMOUS TRAIN MARKET

1. AUTOMOTIVE DIAGNOSTIC SCAN TOOLS MARKET: Summary The Global Automotive Diagnostic Scan Tools Market is projected to reach around USD 57.1 billion by 2027 at a CAGR of around 4.9%. An automotive diagnostic scan tool is an electronic device used to interface with vehicle control modules and to diagnose faults, reprogram, and fix them. The diagnostic scan tool is highly efficient with multifunctional capabilities that can read highly complex codes while analyzing powertrain, chassis, and body diagnostics. This tool is connected to vehicle on-board computer through which the breakdown such as check engine light, shifting, hesitation, gas mileage, rough idle, emissions quality, performance, and others is diagnosed and repaired. This is extensively used for all types of vehicles ranging from the passenger car, light commercial vehicle to heavy commercial vehicle. AUTOMOTIVE DIAGNOSTIC SCAN TOOLS MARKET: Drivers & Restraint Market Driver: Increasing Vehicle Production Change is economic status in developing countries like India, Malaysia, and others have shifted consumer’s preference to purchase premium vehicles. Most of these vehicles have a built-in computer and various advanced electronic systems and these systems can go faulty anytime due to manufacturing defects, mechanical shock, or wear and tear. Hence, growing vehicle production and sales have increased the production of diagnostic scan tools like testers, analyzers, and scanners which help in fixing problems in vehicles. For instance, in 2018 globally around 86 million passenger cars were sold from which 30 million were SUVs also the sales of electric vehicles have increased by 74%. Thus, increasing vehicle production is expected to drive the automotive diagnostic scan tools market growth during the forecast period. Request The Report Sample PDF of Global Automotive Diagnostic Scan Tools Market@ https://www.forencisresearch.com/real-time-location-system-rtls-market-sample-pdf/ Stringent Regulations for Lowering Volatile Organic Compounds (VOCs) Emission Strict regulations are imposed such as Bharat Stage Emission Standards (BSES), United Nations Framework Convention on Climate Change (UNFCCC), Clean Air Act, and others for reducing CO2 emission. With growing environmental concerns, the government of most of the countries have made vehicle On-Board Diagnostics (OBD) technology, inspection and maintenance checks compulsory. For instance, the Clean Air Act needs 33 state and local regions to conduct vehicle maintenance and inspection programs to address the issues for vehicle emissions and help in meeting the air quality standards by use of OBD technology. So, stringent regulations imposed for lowering VOC emission is anticipated to boost the market growth during the forecast period. Market Restraint: High Cost of Advanced Diagnostic Equipment The increased complexity with constant advancement in-vehicle computer technology, the diagnosis has become difficult as the equipment required to analyze the cause of the problem is expensive. Advanced diagnostic scan tool uses new technologies which are costly compared to conventional on-board diagnostic (OBD) system. Thus, the cost of the system increases due to the usage of expensive technologies which further increases the overall cost of the vehicle.

2. Hence, the high cost of advanced diagnostic equipment is a restraining factor for automotive diagnostic scan tools market growth during the assessment period. Request Report Methodology On Competition On Global Automotive Diagnostic Scan Tools Market@ https://www.forencisresearch.com/grid-scale-battery-market-request-methodology/ Automotive Diagnostic Scan Tools market: Key segments By Product Type: Diagnostic Software and Diagnostic Hardware. By Equipment Type: Exhaust Gas Analyzer, Engine Code Readers, Dynamometer, Wheel Alignment Tester, Paint Scanner Equipment, Headlight Tester, Vehicle Emission Test System, and Others. By Propulsion: Internal Combustion Engine (ICE) and Electric Vehicles. By Vehicle Type: Passenger Cars, Light-Duty Vehicle (LDV) and Heavy-Duty Vehicle (HDV). By Region Covers: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis. KEY Companies Covered Robert Bosch GmbH (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis) Continental AG DENSO CORPORATION Snap-on Incorporated ACTIA Group ETAS Softing AG KPIT AVL List GmbH Fluke Corporation Other Key Companies Consult With an Analyst of Global Automotive Diagnostic Scan Tools Marketfor More Information@https://www.forencisresearch.com/grid-scale-battery-market-consult-with-an- analyst/ Automotive Diagnostic Scan Tools MARKET: report segmentation For the scope of the report, In-depth segmentation is offered by Forencis Research Automotive Diagnostic Scan Tools Market, by Product Type Diagnostic Software Diagnostic Hardware Automotive Diagnostic Scan Tools Market, by Equipment Type Exhaust Gas Analyzer Engine Code Readers Dynamometer Wheel Alignment Tester Paint Scanner Equipment Headlight Tester Vehicle Emission Test System Others

3. Automotive Diagnostic Scan Tools Market, by Propulsion Internal Combustion Engine (ICE) Electric Vehicles oBattery Electric Vehicle (BEV) oHybrid Electric Vehicle (HEV) oPlug-In Hybrid Electric Vehicle (PHEV) oFuel Cell Electric Vehicle (FCEV) Automotive Diagnostic Scan Tools Market, by Vehicle Type Passenger Cars Light-Duty Vehicle (LDV) Heavy-Duty Vehicle (HDV) Automotive Diagnostic Scan Tools Market, by Region North America oUS oCanada oMexico Asia-Pacific oChina oIndia oJapan oSouth Korea oRest of Asia-Pacific Europe oGermany oUK oFrance oItaly oNorway oRest of Europe Middle East & Africa oSaudi Arabia oUAE oRest of Middle East & Africa South America oBrazil oArgentina oRest of South America Purchase Global Automotive Diagnostic Scan Tools MarketPremium Industry Research Report with Analysis @ https://www.forencisresearch.com/grid-scale-battery-market-purchase-now/ About Forencis Research Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis

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