PUBLISHER: KBV Research | PRODUCT CODE: 1431321
PUBLISHER: KBV Research | PRODUCT CODE: 1431321
Asia Pacific Automotive Garage Equipment Market Size, Share & Trends Analysis Report By Garage Type (Independent Garages, and OEM Authorized Garages), By Equipment Type, By Country and Growth Forecast, 2023 - 2030
The Asia Pacific Automotive Garage Equipment Market would witness market growth of 7.7% CAGR during the forecast period (2023-2030).
Safety is paramount in automotive workshops. Safety lifts, exhaust ventilation systems, and personal protective equipment (PPE) contribute to a safe working environment. Automotive garage equipment suppliers may offer training and educational resources to help mechanics and technicians stay updated on the latest technologies and best practices in automotive repair. Specialty tools and equipment cater to specific needs, such as welding machines, diagnostic scopes, and specialty hand tools, enabling mechanics to address various vehicle models and issues. The Internet of Things (IoT) is increasingly integrated into garage equipment, allowing connectivity and data sharing between different tools and devices.
Connected equipment enables real-time monitoring, remote diagnostics, and predictive maintenance, enhancing operational efficiency. Automation and robotics are playing an expanding role in automotive garage operations. Robotic systems are being employed for tasks such as tire changing, wheel alignment, and basic repairs. Automation improves efficiency and addresses the industry's challenges related to the shortage of skilled technicians. There is a growing emphasis on sustainability within the automotive industry, which extends to garage operations. Green practices, such as fluid recycling systems, energy-efficient equipment, and environmentally friendly disposal methods, are becoming more prevalent.
The Asia Pacific region is experiencing extensive urbanization with the expansion of cities and metropolitan areas. This growth results in an increased concentration of vehicles, prompting the establishment and expansion of automotive service centres equipped with advanced garage equipment in Asia Pacific. The Asia Pacific region is a major tourist destination with a thriving tourism industry. The demand for garage equipment is also influenced by the maintenance needs of rental fleets and vehicles used in the tourism sector in Asia Pacific. The urbanization trend encourages the adoption of advanced technologies across various industries, including automotive services in Asia Pacific. Garage equipment manufacturers may introduce technologically advanced tools and systems to cater to the evolving needs of urbanized areas in Asia Pacific. Therefore, due to the above-mentioned factors, the market will grow significantly in this region.
The China market dominated the Asia Pacific Automotive Garage Equipment Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,213 million by 2030. The Japan market is registering a CAGR of 7.1% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 8.4% during (2023 - 2030).
Based on Garage Type, the market is segmented into Independent Garages, and OEM Authorized Garages. Based on Equipment Type, the market is segmented into Wheel & Tire Equipment, Lifting & Hoisting Equipment, Diagnostic & Testing Equipment, Washing Equipment, Hand Tools & Power Tools, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Stanley Black & Decker, Inc.
- ISTOBAL S.A.
- Snap-on Incorporated
- Robert Bosch GmbH
- VisiCon Automatisierungstechnik GmbH
- Symach s.r.l.
- Dover Corporation
- MAHA Maschinenbau Haldenwang GmbH & Co. KG
- Continental AG
- Hunter Engineering Company
Asia Pacific Automotive Garage Equipment Market Report Segmentation
By Garage Type
- Independent Garages
- OEM Authorized Garages
By Equipment Type
- Wheel & Tire Equipment
- Lifting & Hoisting Equipment
- Diagnostic & Testing Equipment
- Washing Equipment
- Hand Tools & Power Tools
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Asia Pacific Automotive Garage Equipment Market, by Garage Type
- 1.4.2 Asia Pacific Automotive Garage Equipment Market, by Equipment Type
- 1.4.3 Asia Pacific Automotive Garage Equipment Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Top Winning Strategies
- 4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.3.2 Key Strategic Move: (Mergers & Acquisition: 2019, Aug - 2024, Jan) Leading Players
- 4.3.3 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Nov - 2024, Jan) Leading Players
- 4.4 Porter's Five Forces Analysis
Chapter 5. Asia Pacific Automotive Garage Equipment Market by Garage Type
- 5.1 Asia Pacific Independent Garages Market by Country
- 5.2 Asia Pacific OEM Authorized Garages Market by Country
Chapter 6. Asia Pacific Automotive Garage Equipment Market by Equipment Type
- 6.1 Asia Pacific Wheel & Tire Equipment Market by Country
- 6.2 Asia Pacific Lifting & Hoisting Equipment Market by Country
- 6.3 Asia Pacific Diagnostic & Testing Equipment Market by Country
- 6.4 Asia Pacific Washing Equipment Market by Country
- 6.5 Asia Pacific Hand Tools & Power Tools Market by Country
- 6.6 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Automotive Garage Equipment Market by Country
- 7.1 China Automotive Garage Equipment Market
- 7.1.1 China Automotive Garage Equipment Market by Garage Type
- 7.1.2 China Automotive Garage Equipment Market by Equipment Type
- 7.2 Japan Automotive Garage Equipment Market
- 7.2.1 Japan Automotive Garage Equipment Market by Garage Type
- 7.2.2 Japan Automotive Garage Equipment Market by Equipment Type
- 7.3 India Automotive Garage Equipment Market
- 7.3.1 India Automotive Garage Equipment Market by Garage Type
- 7.3.2 India Automotive Garage Equipment Market by Equipment Type
- 7.4 South Korea Automotive Garage Equipment Market
- 7.4.1 South Korea Automotive Garage Equipment Market by Garage Type
- 7.4.2 South Korea Automotive Garage Equipment Market by Equipment Type
- 7.5 Singapore Automotive Garage Equipment Market
- 7.5.1 Singapore Automotive Garage Equipment Market by Garage Type
- 7.5.2 Singapore Automotive Garage Equipment Market by Equipment Type
- 7.6 Malaysia Automotive Garage Equipment Market
- 7.6.1 Malaysia Automotive Garage Equipment Market by Garage Type
- 7.6.2 Malaysia Automotive Garage Equipment Market by Equipment Type
- 7.7 Rest of Asia Pacific Automotive Garage Equipment Market
- 7.7.1 Rest of Asia Pacific Automotive Garage Equipment Market by Garage Type
- 7.7.2 Rest of Asia Pacific Automotive Garage Equipment Market by Equipment Type
Chapter 8. Company Profiles
- 8.1 Stanley Black & Decker, Inc.
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expenses
- 8.1.5 Recent strategies and developments:
- 8.1.5.1 Partnerships, Collaborations, and Agreements:
- 8.1.5.2 Acquisition and Mergers:
- 8.1.6 SWOT Analysis
- 8.2 ISTOBAL S.A.
- 8.2.1 Company Overview
- 8.2.2 Recent strategies and developments:
- 8.2.2.1 Product Launches and Product Expansions:
- 8.2.2.2 Acquisition and Mergers:
- 8.2.3 SWOT Analysis
- 8.3 Snap-on Incorporated
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Engineering Expense
- 8.3.5 Recent strategies and developments:
- 8.3.5.1 Partnerships, Collaborations, and Agreements:
- 8.3.5.2 Product Launches and Product Expansions:
- 8.3.5.3 Acquisition and Mergers:
- 8.3.6 SWOT Analysis
- 8.4 Robert Bosch GmbH
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Research & Development Expense
- 8.4.5 Recent strategies and developments:
- 8.4.5.1 Partnerships, Collaborations, and Agreements:
- 8.4.5.2 Acquisition and Mergers:
- 8.4.6 SWOT Analysis
- 8.5 VisiCon Automatisierungstechnik GmbH
- 8.5.1 Company Overview
- 8.5.2 SWOT Analysis
- 8.6 Symach s.r.l.
- 8.6.1 Company Overview
- 8.6.2 SWOT Analysis
- 8.7 Dover Corporation
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Regional & Segmental Analysis
- 8.7.4 Research & Development Expenses
- 8.7.5 Recent strategies and developments:
- 8.7.5.1 Product Launches and Product Expansions:
- 8.7.5.2 Acquisition and Mergers:
- 8.7.6 SWOT Analysis
- 8.8 MAHA Maschinenbau Haldenwang GmbH & Co. KG
- 8.8.1 Company Overview
- 8.8.2 SWOT Analysis
- 8.9 Continental AG
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Segmental and Regional Analysis
- 8.9.4 Research & Development Expense
- 8.9.5 Recent strategies and developments:
- 8.9.5.1 Partnerships, Collaborations, and Agreements:
- 8.9.5.2 Acquisition and Mergers:
- 8.9.6 SWOT Analysis
- 8.10. Hunter Engineering Company
- 8.10.1 Company Overview
- 8.10.2 Recent strategies and developments:
- 8.10.2.1 Partnerships, Collaborations, and Agreements:
- 8.10.3 SWOT Analysis
LIST OF TABLES
- TABLE 1 Asia Pacific Automotive Garage Equipment Market, 2019 - 2022, USD Million
- TABLE 2 Asia Pacific Automotive Garage Equipment Market, 2023 - 2030, USD Million
- TABLE 3 Partnerships, Collaborations and Agreements- Automotive Garage Equipment Market
- TABLE 4 Product Launches And Product Expansions- Automotive Garage Equipment Market
- TABLE 5 Acquisition and Mergers- Automotive Garage Equipment Market
- TABLE 6 Asia Pacific Automotive Garage Equipment Market by Garage Type, 2019 - 2022, USD Million
- TABLE 7 Asia Pacific Automotive Garage Equipment Market by Garage Type, 2023 - 2030, USD Million
- TABLE 8 Asia Pacific Independent Garages Market by Country, 2019 - 2022, USD Million
- TABLE 9 Asia Pacific Independent Garages Market by Country, 2023 - 2030, USD Million
- TABLE 10 Asia Pacific OEM Authorized Garages Market by Country, 2019 - 2022, USD Million
- TABLE 11 Asia Pacific OEM Authorized Garages Market by Country, 2023 - 2030, USD Million
- TABLE 12 Asia Pacific Automotive Garage Equipment Market by Equipment Type, 2019 - 2022, USD Million
- TABLE 13 Asia Pacific Automotive Garage Equipment Market by Equipment Type, 2023 - 2030, USD Million
- TABLE 14 Asia Pacific Wheel & Tire Equipment Market by Country, 2019 - 2022, USD Million
- TABLE 15 Asia Pacific Wheel & Tire Equipment Market by Country, 2023 - 2030, USD Million
- TABLE 16 Asia Pacific Lifting & Hoisting Equipment Market by Country, 2019 - 2022, USD Million
- TABLE 17 Asia Pacific Lifting & Hoisting Equipment Market by Country, 2023 - 2030, USD Million
- TABLE 18 Asia Pacific Diagnostic & Testing Equipment Market by Country, 2019 - 2022, USD Million
- TABLE 19 Asia Pacific Diagnostic & Testing Equipment Market by Country, 2023 - 2030, USD Million
- TABLE 20 Asia Pacific Washing Equipment Market by Country, 2019 - 2022, USD Million
- TABLE 21 Asia Pacific Washing Equipment Market by Country, 2023 - 2030, USD Million
- TABLE 22 Asia Pacific Hand Tools & Power Tools Market by Country, 2019 - 2022, USD Million
- TABLE 23 Asia Pacific Hand Tools & Power Tools Market by Country, 2023 - 2030, USD Million
- TABLE 24 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
- TABLE 25 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
- TABLE 26 Asia Pacific Automotive Garage Equipment Market by Country, 2019 - 2022, USD Million
- TABLE 27 Asia Pacific Automotive Garage Equipment Market by Country, 2023 - 2030, USD Million
- TABLE 28 China Automotive Garage Equipment Market, 2019 - 2022, USD Million
- TABLE 29 China Automotive Garage Equipment Market, 2023 - 2030, USD Million
- TABLE 30 China Automotive Garage Equipment Market by Garage Type, 2019 - 2022, USD Million
- TABLE 31 China Automotive Garage Equipment Market by Garage Type, 2023 - 2030, USD Million
- TABLE 32 China Automotive Garage Equipment Market by Equipment Type, 2019 - 2022, USD Million
- TABLE 33 China Automotive Garage Equipment Market by Equipment Type, 2023 - 2030, USD Million
- TABLE 34 Japan Automotive Garage Equipment Market, 2019 - 2022, USD Million
- TABLE 35 Japan Automotive Garage Equipment Market, 2023 - 2030, USD Million
- TABLE 36 Japan Automotive Garage Equipment Market by Garage Type, 2019 - 2022, USD Million
- TABLE 37 Japan Automotive Garage Equipment Market by Garage Type, 2023 - 2030, USD Million
- TABLE 38 Japan Automotive Garage Equipment Market by Equipment Type, 2019 - 2022, USD Million
- TABLE 39 Japan Automotive Garage Equipment Market by Equipment Type, 2023 - 2030, USD Million
- TABLE 40 India Automotive Garage Equipment Market, 2019 - 2022, USD Million
- TABLE 41 India Automotive Garage Equipment Market, 2023 - 2030, USD Million
- TABLE 42 India Automotive Garage Equipment Market by Garage Type, 2019 - 2022, USD Million
- TABLE 43 India Automotive Garage Equipment Market by Garage Type, 2023 - 2030, USD Million
- TABLE 44 India Automotive Garage Equipment Market by Equipment Type, 2019 - 2022, USD Million
- TABLE 45 India Automotive Garage Equipment Market by Equipment Type, 2023 - 2030, USD Million
- TABLE 46 South Korea Automotive Garage Equipment Market, 2019 - 2022, USD Million
- TABLE 47 South Korea Automotive Garage Equipment Market, 2023 - 2030, USD Million
- TABLE 48 South Korea Automotive Garage Equipment Market by Garage Type, 2019 - 2022, USD Million
- TABLE 49 South Korea Automotive Garage Equipment Market by Garage Type, 2023 - 2030, USD Million
- TABLE 50 South Korea Automotive Garage Equipment Market by Equipment Type, 2019 - 2022, USD Million
- TABLE 51 South Korea Automotive Garage Equipment Market by Equipment Type, 2023 - 2030, USD Million
- TABLE 52 Singapore Automotive Garage Equipment Market, 2019 - 2022, USD Million
- TABLE 53 Singapore Automotive Garage Equipment Market, 2023 - 2030, USD Million
- TABLE 54 Singapore Automotive Garage Equipment Market by Garage Type, 2019 - 2022, USD Million
- TABLE 55 Singapore Automotive Garage Equipment Market by Garage Type, 2023 - 2030, USD Million
- TABLE 56 Singapore Automotive Garage Equipment Market by Equipment Type, 2019 - 2022, USD Million
- TABLE 57 Singapore Automotive Garage Equipment Market by Equipment Type, 2023 - 2030, USD Million
- TABLE 58 Malaysia Automotive Garage Equipment Market, 2019 - 2022, USD Million
- TABLE 59 Malaysia Automotive Garage Equipment Market, 2023 - 2030, USD Million
- TABLE 60 Malaysia Automotive Garage Equipment Market by Garage Type, 2019 - 2022, USD Million
- TABLE 61 Malaysia Automotive Garage Equipment Market by Garage Type, 2023 - 2030, USD Million
- TABLE 62 Malaysia Automotive Garage Equipment Market by Equipment Type, 2019 - 2022, USD Million
- TABLE 63 Malaysia Automotive Garage Equipment Market by Equipment Type, 2023 - 2030, USD Million
- TABLE 64 Rest of Asia Pacific Automotive Garage Equipment Market, 2019 - 2022, USD Million
- TABLE 65 Rest of Asia Pacific Automotive Garage Equipment Market, 2023 - 2030, USD Million
- TABLE 66 Rest of Asia Pacific Automotive Garage Equipment Market by Garage Type, 2019 - 2022, USD Million
- TABLE 67 Rest of Asia Pacific Automotive Garage Equipment Market by Garage Type, 2023 - 2030, USD Million
- TABLE 68 Rest of Asia Pacific Automotive Garage Equipment Market by Equipment Type, 2019 - 2022, USD Million
- TABLE 69 Rest of Asia Pacific Automotive Garage Equipment Market by Equipment Type, 2023 - 2030, USD Million
- TABLE 70 Key Information - Stanley Black & Decker, Inc.
- TABLE 71 Key Information - ISTOBAL S.A.
- TABLE 72 key information - Snap-on Incorporated
- TABLE 73 Key Information - Robert Bosch GmbH
- TABLE 74 Key Information - VisiCon Automatisierungstechnik GmbH
- TABLE 75 Key Information - Symach s.r.l.
- TABLE 76 key information - Dover Corporation
- TABLE 77 Key Information - MAHA Maschinenbau Haldenwang GmbH & Co. KG
- TABLE 78 Key Information - Continental AG
- TABLE 79 Key Information - Hunter Engineering Company
