PUBLISHER: The Business Research Company | PRODUCT CODE: 1933596
PUBLISHER: The Business Research Company | PRODUCT CODE: 1933596
Shop equipment encompasses the tools, machinery, and apparatus used in workshops and retail stores to support business operations. The variety of equipment depends on the industry and specific tasks involved.
The main types of shop equipment include lifting equipment, body shop equipment, wheel and tire service equipment, vehicle diagnostic and testing equipment, and washing equipment. In an automotive setting, lifting equipment refers to devices designed to raise and support vehicles for maintenance and repair. This equipment is distributed through various channels, including direct and indirect sales, and is utilized for applications involving both passenger and commercial vehicles.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have impacted the shop equipment market by increasing costs of imported hydraulic systems, electronic diagnostic modules, and precision mechanical components, leading to higher equipment prices and extended procurement timelines. Vehicle diagnostic and testing equipment and lifting equipment segments are most affected, particularly in regions dependent on cross border manufacturing such as Asia Pacific and Europe. Manufacturers are responding by localizing production, diversifying suppliers, and redesigning products to reduce import exposure. At the same time, tariffs are encouraging domestic manufacturing investments, strengthening regional supply chains and supporting local shop equipment ecosystems.
The shop equipment market research report is one of a series of new reports from The Business Research Company that provides shop equipment market statistics, including shop equipment industry global market size, regional shares, competitors with a shop equipment market share, detailed shop equipment market segments, market trends, and opportunities, and any further data you may need to thrive in the shop equipment industry. This shop equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The shop equipment market size has grown strongly in recent years. It will grow from $129.97 billion in 2025 to $141.73 billion in 2026 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to growth in automotive repair workshops, expansion of vehicle ownership, rise in organized service centers, demand for faster repair turnaround, increasing regulatory inspections.
The shop equipment market size is expected to see strong growth in the next few years. It will grow to $201.03 billion in 2030 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to electrification of vehicle fleets, increasing vehicle complexity, growth of commercial vehicle servicing, rising demand for predictive maintenance, expansion of aftermarket services. Major trends in the forecast period include workshop automation and smart equipment, integration of advanced vehicle diagnostics, adoption of space efficient shop equipment, rising demand for multi functional machines, focus on operator safety and ergonomics.
The growing popularity of electric automobiles is expected to support the expansion of the shop equipment market. Electric automobiles are vehicles powered primarily by electricity, using one or more electric motors for propulsion. Their rising adoption is driven by increasing environmental awareness, cost savings, and supportive government policies. Shop equipment plays a critical role in ensuring that electric vehicles are serviced safely and efficiently by providing the necessary tools and infrastructure for maintenance, repair, and charging. For example, in April 2024, the International Energy Agency (IEA), a France-based intergovernmental organization, reported that new electric car registrations in China reached 8.1 million in 2023, a 35% increase compared to 2022. Therefore, the rising popularity of electric vehicles is contributing to the growth of the shop equipment market.
Major companies in the shop equipment market are introducing innovative products, such as mobile column lift adapters, to enhance the versatility and efficiency of maintenance operations for electric vehicles and other modern automobiles. Mobile column lift adapters are adjustable components that attach to mobile column lifts, allowing these lifts to accommodate vehicles with different configurations and lifting points. For instance, in August 2024, Rotary, a US-based vehicle service equipment manufacturer, launched the Rotary Flex MAX Linker, a patent-pending remote-controlled device designed to improve the use of mobile column lifts in heavy-duty vehicle repair. This system enables technicians to link and control up to 18 Rotary Flex MAX mobile column lifts using a single remote, increasing efficiency, flexibility, and safety when servicing large vehicles such as heavy-duty trucks, multi-axle buses, coaches, and railway wagons.
In November 2023, Snap-on, a US-based manufacturer of tools and equipment, acquired Mountz Inc. for approximately $40 million. This acquisition supports Snap-on's strategy of expanding its product range and strengthening its market position by incorporating advanced, specialized tools and technologies. Mountz Inc. is a US-based company known for producing high-precision torque tools used in shop equipment applications.
Major companies operating in the shop equipment market are Robert Bosch GmbH, Snap-on Incorporated, Stanley Black & Decker, Atlas Copco AB, Ingersoll Rand Ltd, Makita Corporation, Milwaukee Electric Tool Corporation, TTS Tooltechnic Systems AG & Co. KG, Matco Tools, Baileigh Industrial Inc., Grizzly Industrial Inc., JPW Industries Inc., Delta Power Equipment Corporation, Emerson Electric Co., Hitachi Koki Co Ltd, Hunter Engineering Company, BendPak Inc., Rotary Lift, Nussbaum Automotive Solutions, Ravaglioli S.p.A., Hofmann Megaplan GmbH
North America was the largest region in the shop equipment market in 2025. The regions covered in the shop equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the shop equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The shop equipment market consists of the sale of retail shop equipment, workshop equipment, automotive shop equipment, and food service shop equipment. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Shop Equipment Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses shop equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for shop equipment ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The shop equipment market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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