Garage Equipment Market Outlook by Function, Garage Type, Installation, Equipment, Vehicle - Global Industry Revenue Estimation and Demand Forecast to 2030

Description

The size of the garage equipment market is about USD 9,320.5 million in 2023, which will touch USD 13,390.8 million by 2030, powering at a compound annual growth rate of 5.4% by the end of this decade.

This is as a result of the enormous increase in the production and vehicle sales, because of tech progressions and the snowballing populace all over the globe.

The industry is strongly powered by the advent of autonomous vehicles, carrying exclusive needs and challenges for repairs and maintenance.

They are unified with sophisticated computing systems and sensors; therefore, they need particular diagnostic apparatus to access and understand data from these intricate systems. This leads to heavy funds in cutting-edge tools and software for finding and solve these precise issues.

Moreover, these automobiles are significantly reliant on on precise sensor standardization and precise wheel alignment. Garages are needed to have advanced calibration and alignment apparatus to guarantee optimum performance, which, improves the growth potential of the industry.

Independent garages dominate the garage equipment market with a share of 65%, and it will grow at a rate of about 5.8%.

This is as a result of the flexibility and autonomy they offer to customers, as they are not bound by the strategies of large repair shop networks or OEM. They offer the flexibility to customers to pick maintenance plans as per their precise requirements and budget.

The emission equipment will grow the fastest at a rate of more than 6.3%, in the years to come and hold a share of about 20%.

This has a lot to do with the surging strictness of emission standards to control pollution. The increasing concerns regarding the environment among governments and consumers have increased the requirement for sustainable and eco-friendly practices in the automotive sector.

This has brought about fundings in cutting-edge emission testing and control equipment to cope with these regulations.

North America is the leader of the industry, with a share, of 45%, and it will grow considerably, at a rate of about 5.8%.

The dominance of the region is because of its robust and cutting-edge automotive sector. There is a long history of production of vehicles, innovation, and tech progressions. There is also the highest rate of vehicle ownership per capita at a global level in the region. The large count of automobiles on the road produces an incessant requirement for repair services and equipment.

The introduction of autonomous and electric cars all over the world has a lot to do with the increasing demand for garage equipment. The trend will continue in the years to come as well.

Product Code: 12693

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by function
- 1.4.2. Market size breakdown, by garage type
- 1.4.3. Market size breakdown, by installation
- 1.4.4. Market size breakdown, by equipment
- 1.4.5. Market size breakdown, by vehicle
- 1.4.6. Market size breakdown, by region
1.5. Market Data Reporting Unit
- 1.5.1. Value
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Industry Outlook

5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
5.2. Impact of COVID-19
5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes

Chapter 6. Global Market

6.1. Overview
6.2. Market Revenue, by Function (2017-2030)
6.3. Market Revenue, by Garage Type (2017-2030)
6.4. Market Revenue, by Installation (2017-2030)
6.5. Market Revenue, by Equipment (2017-2030)
6.6. Market Revenue, by Vehicle (2017-2030)
6.7. Market Revenue, by Region (2017-2030)

Chapter 7. North America Market

7.1. Overview
7.2. Market Revenue, by Function (2017-2030)
7.3. Market Revenue, by Garage Type (2017-2030)
7.4. Market Revenue, by Installation (2017-2030)
7.5. Market Revenue, by Equipment (2017-2030)
7.6. Market Revenue, by Vehicle (2017-2030)
7.7. Market Revenue, by Country (2017-2030)

Chapter 8. Europe Market

8.1. Overview
8.2. Market Revenue, by Function (2017-2030)
8.3. Market Revenue, by Garage Type (2017-2030)
8.4. Market Revenue, by Installation (2017-2030)
8.5. Market Revenue, by Equipment (2017-2030)
8.6. Market Revenue, by Vehicle (2017-2030)
8.7. Market Revenue, by Country (2017-2030)

Chapter 9. APAC Market

9.1. Overview
9.2. Market Revenue, by Function (2017-2030)
9.3. Market Revenue, by Garage Type (2017-2030)
9.4. Market Revenue, by Installation (2017-2030)
9.5. Market Revenue, by Equipment (2017-2030)
9.6. Market Revenue, by Vehicle (2017-2030)
9.7. Market Revenue, by Country (2017-2030)

Chapter 10. LATAM Market

10.1. Overview
10.2. Market Revenue, by Function (2017-2030)
10.3. Market Revenue, by Garage Type (2017-2030)
10.4. Market Revenue, by Installation (2017-2030)
10.5. Market Revenue, by Equipment (2017-2030)
10.6. Market Revenue, by Vehicle (2017-2030)
10.7. Market Revenue, by Country (2017-2030)

Chapter 11. MEA Market

11.1. Overview
11.2. Market Revenue, by Function (2017-2030)
11.3. Market Revenue, by Garage Type (2017-2030)
11.4. Market Revenue, by Installation (2017-2030)
11.5. Market Revenue, by Equipment (2017-2030)
11.6. Market Revenue, by Vehicle (2017-2030)
11.7. Market Revenue, by Country (2017-2030)

Chapter 12. U.S. Market

12.1. Overview
12.2. Market Revenue, by Function (2017-2030)
12.3. Market Revenue, by Garage Type (2017-2030)
12.4. Market Revenue, by Installation (2017-2030)
12.5. Market Revenue, by Equipment (2017-2030)
12.6. Market Revenue, by Vehicle (2017-2030)

Chapter 13. Canada Market

13.1. Overview
13.2. Market Revenue, by Function (2017-2030)
13.3. Market Revenue, by Garage Type (2017-2030)
13.4. Market Revenue, by Installation (2017-2030)
13.5. Market Revenue, by Equipment (2017-2030)
13.6. Market Revenue, by Vehicle (2017-2030)

Chapter 14. Germany Market

14.1. Overview
14.2. Market Revenue, by Function (2017-2030)
14.3. Market Revenue, by Garage Type (2017-2030)
14.4. Market Revenue, by Installation (2017-2030)
14.5. Market Revenue, by Equipment (2017-2030)
14.6. Market Revenue, by Vehicle (2017-2030)

Chapter 15. France Market

15.1. Overview
15.2. Market Revenue, by Function (2017-2030)
15.3. Market Revenue, by Garage Type (2017-2030)
15.4. Market Revenue, by Installation (2017-2030)
15.5. Market Revenue, by Equipment (2017-2030)
15.6. Market Revenue, by Vehicle (2017-2030)

Chapter 16. U.K. Market

16.1. Overview
16.2. Market Revenue, by Function (2017-2030)
16.3. Market Revenue, by Garage Type (2017-2030)
16.4. Market Revenue, by Installation (2017-2030)
16.5. Market Revenue, by Equipment (2017-2030)
16.6. Market Revenue, by Vehicle (2017-2030)

Chapter 17. Italy Market

17.1. Overview
17.2. Market Revenue, by Function (2017-2030)
17.3. Market Revenue, by Garage Type (2017-2030)
17.4. Market Revenue, by Installation (2017-2030)
17.5. Market Revenue, by Equipment (2017-2030)
17.6. Market Revenue, by Vehicle (2017-2030)

Chapter 18. Spain Market

18.1. Overview
18.2. Market Revenue, by Function (2017-2030)
18.3. Market Revenue, by Garage Type (2017-2030)
18.4. Market Revenue, by Installation (2017-2030)
18.5. Market Revenue, by Equipment (2017-2030)
18.6. Market Revenue, by Vehicle (2017-2030)

Chapter 19. Japan Market

19.1. Overview
19.2. Market Revenue, by Function (2017-2030)
19.3. Market Revenue, by Garage Type (2017-2030)
19.4. Market Revenue, by Installation (2017-2030)
19.5. Market Revenue, by Equipment (2017-2030)
19.6. Market Revenue, by Vehicle (2017-2030)

Chapter 20. China Market

20.1. Overview
20.2. Market Revenue, by Function (2017-2030)
20.3. Market Revenue, by Garage Type (2017-2030)
20.4. Market Revenue, by Installation (2017-2030)
20.5. Market Revenue, by Equipment (2017-2030)
20.6. Market Revenue, by Vehicle (2017-2030)

Chapter 21. India Market

21.1. Overview
21.2. Market Revenue, by Function (2017-2030)
21.3. Market Revenue, by Garage Type (2017-2030)
21.4. Market Revenue, by Installation (2017-2030)
21.5. Market Revenue, by Equipment (2017-2030)
21.6. Market Revenue, by Vehicle (2017-2030)

Chapter 22. Australia Market

22.1. Overview
22.2. Market Revenue, by Function (2017-2030)
22.3. Market Revenue, by Garage Type (2017-2030)
22.4. Market Revenue, by Installation (2017-2030)
22.5. Market Revenue, by Equipment (2017-2030)
22.6. Market Revenue, by Vehicle (2017-2030)

Chapter 23. South Korea Market

23.1. Overview
23.2. Market Revenue, by Function (2017-2030)
23.3. Market Revenue, by Garage Type (2017-2030)
23.4. Market Revenue, by Installation (2017-2030)
23.5. Market Revenue, by Equipment (2017-2030)
23.6. Market Revenue, by Vehicle (2017-2030)

Chapter 24. Brazil Market

24.1. Overview
24.2. Market Revenue, by Function (2017-2030)
24.3. Market Revenue, by Garage Type (2017-2030)
24.4. Market Revenue, by Installation (2017-2030)
24.5. Market Revenue, by Equipment (2017-2030)
24.6. Market Revenue, by Vehicle (2017-2030)

Chapter 25. Mexico Market

25.1. Overview
25.2. Market Revenue, by Function (2017-2030)
25.3. Market Revenue, by Garage Type (2017-2030)
25.4. Market Revenue, by Installation (2017-2030)
25.5. Market Revenue, by Equipment (2017-2030)
25.6. Market Revenue, by Vehicle (2017-2030)

Chapter 26. Saudi Arabia Market

26.1. Overview
26.2. Market Revenue, by Function (2017-2030)
26.3. Market Revenue, by Garage Type (2017-2030)
26.4. Market Revenue, by Installation (2017-2030)
26.5. Market Revenue, by Equipment (2017-2030)
26.6. Market Revenue, by Vehicle (2017-2030)

Chapter 27. South Africa Market

27.1. Overview
27.2. Market Revenue, by Function (2017-2030)
27.3. Market Revenue, by Garage Type (2017-2030)
27.4. Market Revenue, by Installation (2017-2030)
27.5. Market Revenue, by Equipment (2017-2030)
27.6. Market Revenue, by Vehicle (2017-2030)

Chapter 28. U.A.E. Market

28.1. Overview
28.2. Market Revenue, by Function (2017-2030)
28.3. Market Revenue, by Garage Type (2017-2030)
28.4. Market Revenue, by Installation (2017-2030)
28.5. Market Revenue, by Equipment (2017-2030)
28.6. Market Revenue, by Vehicle (2017-2030)

Chapter 29. Competitive Landscape

29.1. List of Market Players and their Offerings
29.2. Competitive Benchmarking of Key Players
29.3. Product Benchmarking of Key Players
29.4. Recent Strategic Developments

Chapter 30. Company Profiles

30.1. BorgWarner Inc.
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
30.2. Continental AG
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
30.3. Vehicle Service Group
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
30.4. ATS ELGI
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
30.5. Symach Srl
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
30.6. Nussbaum Automotive Lifts GmbH
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
30.7. Sarveshwari Engineers
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
30.8. Boston Garage Equipment Ltd
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
30.9. Gray Manufacturing Company, Inc.
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
30.10. Robert Bosch GmbH
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
30.11. Oil Lube Systems Pvt Ltd.
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
30.12. Penta Auto Equipments Pvt. Ltd.
- 30.12.1. Business overview
- 30.12.2. Product and service offerings
30.13. New Tech Garage Equipments
- 30.13.1. Business overview
- 30.13.2. Product and service offerings
30.14. Trinity Sales & Services
- 30.14.1. Business overview
- 30.14.2. Product and service offerings
30.15. Shanghai Balance Automotive Equipment Co., Ltd.
- 30.15.1. Business overview
- 30.15.2. Product and service offerings

Chapter 31. Appendix

31.1. Abbreviations
31.2. Sources and References
31.3. Related Reports