- September 24, 2019
- Category: automotive-material-components, Automotive, Logistics and Transportation
Global Garage Equipment Market Size study, by Function Type (Mechanical, Electronic), by Garage Type (OEM Authorized Garage, Independent Garage), by Installation Type (Mobile, Fixed), by Equipment Type (Body Shop Equipment, Diagnostic & Testing Equipment, Emission Equipment, Others), by Vehicle Type (Passenger Car, Commercial Vehicle) and Regional Forecasts 2019-2026
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion) 1.2.1. Garage Equipment Market, by Function Type, 2017-2026 (USD Billion) 1.2.2. Garage Equipment Market, by Garage Type, 2017-2026 (USD Billion) 1.2.3. Garage Equipment Market, by Installation Type, 2017-2026 (USD Billion) 1.2.4. Garage Equipment Market, by Equipment Type, 2017-2026 (USD Billion) 1.2.5. Garage Equipment Market, by Vehicle Type, 2017-2026 (USD Billion) 1.2.6. Garage Equipment Market, by Region, 2017-2026 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Garage Equipment Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Function Type Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Garage Equipment Market Dynamics 3.1. Garage Equipment Market Impact Analysis (2018-2026) 3.1.1. Market Drivers 3.1.2. Market Challenges 3.1.3. Market Opportunities Chapter 4. Global Garage Equipment Market Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Garage Equipment Market, by Function Type 5.1. Market Snapshot 5.2. Global Garage Equipment Market by Function Type, Performance - Potential Analysis 5.3. Global Garage Equipment Market Estimates & Forecasts by Function Type 2016-2026 (USD Billion) 5.4. Garage Equipment Market, Sub Segment Analysis 5.4.1. Mechanical 5.4.2. Electronic Chapter 6. Global Garage Equipment Market, by Garage Type 6.1. Market Snapshot 6.2. Global Garage Equipment Market by Garage Type, Performance - Potential Analysis 6.3. Global Garage Equipment Market Estimates & Forecasts by Garage Type 2016-2026 (USD Billion) 6.4. Garage Equipment Market, Sub Segment Analysis 6.4.1. OEM Authorized Garage 6.4.2. Independent Garage Chapter 7. Global Garage Equipment Market, by Installation Type 7.1. Market Snapshot 7.2. Global Garage Equipment Market by Installation Type, Performance - Potential Analysis 7.3. Global Garage Equipment Market Estimates & Forecasts by Installation Type 2016-2026 (USD Billion) 7.4. Garage Equipment Market, Sub Segment Analysis 7.4.1. Mobile 7.4.2. Fixed Chapter 8. Global Garage Equipment Market, by Equipment Type 8.1. Market Snapshot 8.2. Global Garage Equipment Market by Equipment Type, Performance - Potential Analysis 8.3. Global Garage Equipment Market Estimates & Forecasts by Equipment Type, 2016-2026 (USD Billion) 8.4. Garage Equipment Market, Sub Segment Analysis 8.4.1. Body Shop Equipment 8.4.2. Diagnostic & Testing Equipment 8.4.3. Emission Equipment 8.4.4. Others Chapter 9. Global Garage Equipment Market, by Vehicle Type 9.1. Market Snapshot 9.2. Global Garage Equipment Market by Vehicle Type, Performance - Potential Analysis 9.3. Global Garage Equipment Market Estimates & Forecasts by Vehicle Type, 2016-2026 (USD Billion) 9.4. Garage Equipment Market, Sub Segment Analysis 9.4.1. Passenger Car 9.4.2. Commercial Vehicle Chapter 10. Global Garage Equipment Market, Regional Analysis 10.1. Garage Equipment Market, Regional Market Snapshot 10.2. North America Garage Equipment Market 10.2.1. U.S. Garage Equipment Market 10.2.1.1. Function Type breakdown estimates & forecasts, 2016-2026 10.2.1.2. Garage Type breakdown estimates & forecasts, 2016-2026 10.2.1.3. Installation Type breakdown estimates & forecasts, 2016-2026 10.2.1.4. Equipment Type breakdown estimates & forecasts, 2016-2026 10.2.1.5. Vehicle Type breakdown estimates & forecasts, 2016-2026 10.2.2. Canada Garage Equipment Market 10.3. Europe Garage Equipment Market Snapshot 10.3.1. U.K. Garage Equipment Market 10.3.2. Rest of Europe Garage Equipment Market 10.4. Asia-Pacific Garage Equipment Market Snapshot 10.4.1. China Garage Equipment Market 10.4.2. India Garage Equipment Market 10.4.3. Japan Garage Equipment Market 10.4.4. Rest of Asia Pacific Garage Equipment Market 10.5. Latin America Garage Equipment Market Snapshot 10.5.1. Brazil Garage Equipment Market 10.5.2. Mexico Garage Equipment Market 10.6. Rest of The World Garage Equipment Market Chapter 11. Competitive Intelligence 11.1. Top Market Strategies 11.2. Company Profiles 11.2.1. Dover Corporation 18.104.22.168. Key Information 22.214.171.124. Overview 126.96.36.199. Financial (Subject To Data Availability) 188.8.131.52. Function Type Summary 184.108.40.206. Recent Developments 11.2.2. Continental AG 11.2.3. Robert Bosch GmbH 11.2.4. Snap-On Incorporated 11.2.5. Fortive Corporation 11.2.6. Cemb S.P.A 11.2.7. Boston Garage Equipment Ltd 11.2.8. Aro Equipments Pvt. Ltd 11.2.9. Arex Test Systems B.V. 11.2.10. Beissbarth Automotive Service Equipment Chapter 12. Research Process 12.1. Research Process 12.1.1. Data Mining 12.1.2. Analysis 12.1.3. Market Estimation 12.1.4. Validation 12.1.5. Publishing 12.2. Research Attributes 12.3. Research Assumption
Global Garage Equipment Market is valued approximately at USD 5.67 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 7.50% over the forecast period 2019-2026. Garage Equipment are the equipment that are used to keep vehicle in good condition, as regular maintenance becomes highly essential. Various equipment that are being used in garage for maintenance of vehicle are lifting equipment, tire changer, emission equipment, wheel balancer and others equipment. For any automotive repair shop, the garage equipment are very crucial to deliver efficiency and perform certain tasks. Rising production of vehicles such as cars, stringent emission norms by regulatory bodies and high utilization of connectivity services are few factors responsible for high CAGR of the market over the forecast period. For instance: Globally, it is estimated that cars production is nearly 73.5 billion in 2017, represent an increase from 72.1 billion in 2016, as per International Organization of Motor Vehicle Manufacturers (OICA). Moreover, rising demand for electronic control unit and other electronic features as well as increasing integration of advanced driver assistance system (ADAS) in vehicles are the major factor likely to offer lucrative growth opportunity to the market in the upcoming years. However, international trade regulations and increasing cost of vehicles are few factors anticipated to restrain the growth of global Garage Equipment market during the forecast period.
The regional analysis of global Garage Equipment Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the automotive industry is increasingly inclined towards technology, innovation and development of high-performance and fuel-efficient vehicles coupled with increasing number of vehicles in the region.
However, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as rising demand for connected cars, high presence of independent garages & OEM dealerships, increasing sales of new energy vehicles and stringent emission policies that would create lucrative growth opportunities for the Garage Equipment market across Asia-Pacific region.
Major market player included in this report are:
Robert Bosch GmbH
Boston Garage Equipment Ltd
Aro Equipment Pvt. Ltd
Arex Test Systems B.V.
Beissbarth Automotive Service Equipment
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Function Type:
By Garage Type:
OEM Authorized Garage
By Installation Type:
By Equipment Type:
Body Shop Equipment
Diagnostic & Testing Equipment
By Vehicle Type:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Garage Equipment Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers