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Global Garage Equipment Market 2020: Current Trends And Future Aspect Analysis 2026 ||Top Companies-MAHA Maschinenbau Haldenwang GmbH & Co. KG; Snap-on Incorporated; Robert Bosch GmbH; Continental AG; Vehicle Service Group

Global Garage Equipment Market–Industry Trends and Forecast to 2026” New Research Report Added to database. The report width Of pages : 350  Figures: 60 And Tables: 220 in it.The global Garage Equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions and others to increase their footprints in this market. The report includes market shares of Garage Equipment market for global, Europe, North America, Asia Pacific and South America.

Global garage equipment market is expected to rise to an estimated value of USD 8.96 billion by 2026, registering a steady CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the shifting of individual preference increasing the levels of customization in vehicles.

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Few of the major competitors currently working in the global garage equipment market are MAHA Maschinenbau Haldenwang GmbH & Co. KG; Snap-on Incorporated; Robert Bosch GmbH; Continental AG; Vehicle Service Group; VisiCon Automatisierungstechnik GmbH; Standard Tools and Equipment Co.; Symach s.r.l.; Otto Nußbaum GmbH & Co. KG; M/s Samvit Garage Equipments; Sarveshwari Engineers; Guangzhou Jingjia Auto Equipment Co., Ltd.; Boston Garage Equipment Ltd; Arex Test Systems bv; Euro Car Parts Ltd T/A LKQ Coatings; Aro Equipments Pvt. Ltd; ISTOBAL; Con Air Equipments Private Limited; Oil Lube Systems Pvt Ltd.; Gray Manufacturing; AUTEC, Inc. among others.

Market Drivers:

  • Rising focus on sale of second-hand/pre-owned vehicles will boost the market growth
  • Presence of various mandates and regulations regarding the scheduled and regular inspection of vehicles is also driving the growth of this market
  • Increasing volume of automotive present on the road worldwide is expected to drive the growth of the market
  • Increasing focus on adoption of digital services by various market players and garage owners resulting in enhanced focus on adopting innovative technology will also augment this market growth

Market Restraints:

  • Presence of various trade regulations and unfavourable conditions for the trade of heavy equipments; this factor is expected to hinder the growth of the market
  • Availability of original equipment parts at a lower cost is expected to restrict the rate of garage uses and repair activities will restrict the market growth
  • High costs associated with the maintenance and repairing of luxury vehicles is expected to restrict the growth of the market

Key Developments in the Market:

In July 2019, MAHA Maschinenbau Haldenwang GmbH & Co. KG announced the inauguration of their training center situated in Haldenwang, Germany, which will provide training regarding the usage of products and equipments for end-users as well as professional technicians. This step is evident of the expansive strategy of the organization as they hope to provide a large-range of service offerings to their customers

In September 2018, Robert Bosch GmbH announced the availability of a new diesel test bench designed for the accurate testing of rail injectors diesel engines to be compliant with the Euro 5 and 6 emission standardizations. “DCI 700” is designed to play an important role in workshops’ daily operations enhancing the reputation and reliability of testing equipments

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Segmentation: Global Garage Equipment Market

Garage Equipment Market By Garage Type

  • Original Equipment Manufacturers (OEM) Authorized Garage
  • Independent Garage
  • Franchise Garages

Garage Equipment Market By Installation Type

  • Mobile
  • Fixed

Garage Equipment Market By Function Type

  • Electronic
  • Mechanical

Garage Equipment Market By Equipment Type

  • Body Shop Equipment
  • Welding Machines
  • Paint Spray Booth
  • Preparation Station
  • Plastic Repair Kits
  • Diagnostic & Test Equipment
  • Suspension Tester
  • Play Detectors
  • Brake Testers
  • Emission Testers
  • Air-Con Recovery System
  • Emission Equipment
  • Lifting Equipment
  • Single Post Lift
  • Two Post Lift
  • Four Post Lift
  • Scissor Lift
  • Washing Equipment
  • Wheel & Tire Equipment
  • Wheel Alignment Systems
  • Wheel Balancers
  • Tire Inflator
  • Tire Changer
  • Others
  • Tool Kit
  • Lube Equipment
  • Drills
  • Grinders

Garage Equipment Market By Vehicle Type

  • Passenger Vehicles
  • Two Wheelers
  • Light Vehicles
  • Commercial Vehicles
  • Heavy Vehicles

Garage Equipment Market By Geography

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa

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Points Which Are Focused In the Report

  • Industry Chain Suppliers of  Garage Equipment market with Contact Information
  • The key findings and recommendations highlight crucial progressive industry trends in the  Garage Equipment Market, thereby allowing players to develop effective long term strategies
  • To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the  Garage Equipment market
  • To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
  • To understand the future outlook and prospects for  Garage Equipment market analysis and forecast 2019-2026.

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04:  Garage Equipment Market Landscape

  • Market Ecosystem
  • Market Characteristics
  • Market Segmentation Analysis

Part 05: Market Sizing

  • Market Definition
  • Market Sizing 2019
  • Market Size And Forecast 2019-2026

Part 06: Customer Landscape

Part 07:  Garage Equipment Market Regional Landscape

  • Geographical Segmentation
  • Regional Comparison
  • Americas – Market Size And Forecast 2019-2026
  • EMEA – Market Size And Forecast 2019-2026
  • APAC – Market Size And Forecast 2019-2026

Part 08: Decision Framework

Part 09: Drivers And Challenges

  • Market Drivers
  • Market Challenges

Part 10:  Garage Equipment Market Trends

Part 11: Vendor Landscape

  • Overview
  • Landscape Disruption
  • Vendors Covered
  • Vendor Classification
  • Market Positioning Of Vendors

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Key points mentioned

  • To analyze the market size of the market and infer the key trends from it.
  • Industry Chain Suppliers of Garage Equipment market with Contact Information
  • To inspect the market based on product, market share and size of the product share.
  • To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the Garage Equipment market
  • The report offers market share appraisals for regional and global levels

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Last Updated: 05-Jan-2021