The global automotive diagnostic scan tools market is estimated to be USD 42.0 billion in 2020 and is predicted to reach USD 55.5 billion by 2027, growing at a CAGR of 5.5 % during the forecast period. The growth of this market is attributed towards increasing number of automotive workshops in organized as well as unorganized market. The increasing acceptance of diagnostic scan tools in observing growing momentum due to shifting trends observed amongst consumers towards sophisticated automated diagnostics systems from manual.

Automated diagnostic scan tools are extensively being used for analyzing and detecting the glitches of electronic systems in vehicles. An automotive scan tool is an electronic tool that is used to reprogram and diagnose vehicle control modules. Furthermore, these tools are used in all vehicles and comprises of a module with screen in front that is easy to handle. The growing acceptances of these tools are significantly contributing towards the growth of global automotive diagnostic scan tools market.

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Moreover, technological upgradation in the automobile domain has led to an increasing demand for connected vehicles along with high end electric vehicles and is another factor driving the growth of global automotive diagnostic scan tools market. The adherence of various features such as vehicle-to-infrastructure (V2I) connectivity, vehicle-to-vehicle (V2V) connectivity, automatic braking and advanced driver-assistance system (ADAS) uses processors and sensors that make functioning of automotive electronics complex. Additionally, diagnostic scan tools are essential for solving issues pertaining to these automotive electronic thereby escalating the growth of global automotive diagnostic scan tools market.

Moreover, automotive diagnostic scan tools market in Asia-Pacific is expected to witness highest CAGR during the forecast period due to increasing acceptance of passenger vehicles in the region along with increasing disposable income of the citizens in countries such as India, China and Indonesia. Additionally, increasing amendments done by government authorities towards electrification of vehicles, concerns related to degrading air quality and ban on diesel vehicles in order to meet the air quality standards are the key factors driving the growth of automotive diagnostic scan tools market in Asia-Pacific.

Key players operating in the global automotive diagnostic scan tools market are emphasizing their efforts upon strategic acquisitions in order to strengthen capabilities of research & development that supports them in providing innovative solutions to the users and thus gain competitive advantage.

Some of the major players operating in the global automotive diagnostic scan tools market include Snap-On Inc., Bosch Automotive Service Solutions Inc., Dg Technologies, Etas GmbH, Dsa Daten- Und Systemtechnik GmbH, Softing AG, Actia Group SA, Hickok Inc., Delphi Automotive PLC, Kpit Technologies, General Technologies Corp, Avl List GmbH, Denso Corp., SPX Corp., and Continental AG.