US automotive diagnostic product demand will grow 5.8 percent annually, driven mainly by more electronic/electrical systems in cars, a shift toward technician-owned handheld devices and the rising influence of software over hardware. Equipment will remain dominant while software updates grow the fastest. This study analyzes the $975 million US automotive diagnostic product industry. It presents historical demand data for 1996, 2001 and 2006, and forecasts for 2011 and 2016 by type (e.g., scanners, engine analyzers, oscilloscopes, gas analyzers, multimeters, charging and battery equipment, published repair and diagnostic data, software updates, remote services); and service performer (e.g., professional, consumer/DIY). The study also considers market environment factors, details industry structure, evaluates company market share and profiles 32 major players, including SPX, Snap-on, Bosch, Danaher, and Stanley Works.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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