Automotive Garage Equipment Market Size to Grow at a Significant CAGR 3.8 During the Forecast Period 2023-2029

Global Automotive Garage Equipment Market

The market size was valued at US$ 24.28 Bn. in 2022 and is projected to reach US$ 31.52 Bn. by 2029, with a CAGR of 3.8 % during the forecast period.

Market Overview:

The “Automotive Garage Equipment Market” research aims to deliver current market insights and support decision-makers in making well-informed investment choices. This comprehensive analysis covers the global Automotive Garage Equipment Market by product type, application, key manufacturers, and key regions.

Market Scope:

The research delves into the growth prospects, constraints, and overall market analysis of the Automotive Garage Equipment market. It utilizes Porter’s five forces analysis to evaluate the impact of various factors on market trends, such as supplier bargaining power.

Drivers:

The report discusses significant drivers and restraints impacting the Automotive Garage Equipment market.

For detailed market methodology, request here @ [link] : https://www.maximizemarketresearch.com/request-sample/36129/ 

Segmentation:

by Garage Type

• OEM authorized garage
• Independent garage

by Vehicle Type

• Passenger Vehicle
• Commercial Vehicle

by Application

• Body Shop Equipment
• Diagnostic & Testing Equipment
• Emission Equipment
• Lifting Equipment
• Washing Equipment
• Wheel & Tire Equipment

Key Players:

• Dover Corporation
• Continental AG
• Robert Bosch GmbH
• Snap-On Incorporated
• Fortive Corporation
• Cemb S.P.A
• Boston Garage Equipment Ltd.
• Aro Equipments Pvt. Ltd
• Arex Test Systems B.V.
• Gray Manufacturing Company
• Guangzhou Jingjia Auto Equipment Co. Ltd
• Maha Maschinenbau Haldenwang GmbH & Co
• Beissbarth Automotive Service Equipment
• Sarveshwari Engineers
• Oil Lube Systems Pvt Ltd
• Manatec Electronics Private Limited
• Istobal
• Straightset
• V-Tech
• Corghi
• Hunter Engineering Company
• National Auto Tools
• Twin Busch Lp
• Mohawk Lifts
• Standard Tools and Equipment Co
• Nussbaum Automotive Solutions Lp
• Vehicle Service Group

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Regional Analysis:

The global Automotive Garage Equipment market has been evaluated across the following regions:

  • North America (United States, Canada)
  • European Union (Germany, France, United Kingdom, Russia)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, Australia)
  • Latin America (Brazil, Argentina, Colombia)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa)

COVID-19 Impact Analysis on Automotive Garage Equipment Market:

The COVID-19 pandemic has had a profound impact on the Automotive Garage Equipment market in 2021. The outbreak has led to widespread disruptions including flight cancellations, travel bans, quarantines, restaurant closures, and restrictions on indoor/outdoor events. Over thirty countries have declared states of emergency, resulting in a massive slowdown in the supply chain, stock market fluctuations, business declines, increased public panic, and future uncertainties.

Key Questions Answered in the Automotive Garage Equipment Market Report:

  • What key trends are expected to emerge in the Automotive Garage Equipment market during the forecast period?
  • What will be the market size of the Automotive Garage Equipment market by 2027?
  • Which company held the largest market share in 2020?

About Maximize Market Research:

Maximize Market Research is a comprehensive market research and consulting firm with professionals from various industries. Our expertise spans medical devices, pharmaceuticals, science and engineering, electronic components, industrial equipment, technology and communication, automotive, chemicals, consumer goods, beverages, personal care, and automated systems. We provide market-verified industry estimations, technical trend analysis, strategic advice, competitive analysis, production and demand analysis, and client impact studies.

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