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:
Dover Corporation
Continental AG
Robert Bosch GmbH
Snap-On Incorporated
Fortive Corporation
Cemb S.P.A
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:
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
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
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
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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:
Dover Corporation
Continental AG
Robert Bosch GmbH
Snap-On Incorporated
Fortive Corporation
Cemb S.P.A
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:
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
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
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
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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
11.2.1.1. Key Information
11.2.1.2. Overview
11.2.1.3. Financial (Subject To Data Availability)
11.2.1.4. Function Type Summary
11.2.1.5. 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
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
11.2.1.1. Key Information
11.2.1.2. Overview
11.2.1.3. Financial (Subject To Data Availability)
11.2.1.4. Function Type Summary
11.2.1.5. 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
