The Automotive Scanner Market to Grow at 9.04% CAGR to 2020

Feb 03, 2016, 21:00 ET from ReportsnReports

PUNE, India, February 4, 2016 /PRNewswire/ --

The new automotive scanner market report analysis covers size, growth and also forecasts from 2016 - 2021 by Market Segments/Type of Scanners - Handheld, Professional and Wireless; By Region -North America, Europe, APAC and RoW; By Country- US, UK, Canada, Germany, China, India, Japan; Supply Chain Structure; Competitor Analysis. The executive summary provides analysis on market drivers, challenges and trends.

Complete report on automotive scanner market spread across 195 pages, analyzing 10 major companies and providing 100 data figures is now available at

The report also provides competitive landscape that includes top 5 companies and bottom 5 companies by Company Financials (Sales, EBITDA, EBIT, PBT, PAT) and by Company Ratios (Current Ratio, Profit Margin and Debt Equity Ratio).

Automotive Scanner market is driven by the consumer awareness of health of the vehicles resulting in access to the diagnostic tools for the maintenance of the vehicles. This in turn pushes the manufacturers to enhance their innovation to expand the product portfolio and technological advancement.

Global Automotive Scanner Market is a growing market with key players holding dominant positions and is classified on the basis of scanner market. Global Automotive Scanner Market has been growing at a faster pace over the last five years on account of growing number of vehicles and the demand in the different regions. During 2016-21, Global Automotive Scanner Market is anticipated to grow at an increased rate on account of the rapid increase of the number of vehicles which are aging in that period and the technological advancements in the vehicles.

The automotive scanner market is expected to grow at a CAGR of 9.04% in the period 2016-2021. Major players are enjoying strong presence in market, with more stringent emission norms being enforced. The growth in number of workshops, rise in electronic complexity and R&D of the new products also create a demand for the products making the market to grow at a steady pace. Order a copy of  Global Automotive Scanner Market: Trends, Opportunities and Forecasts (2016-2021) (By Market Segments/Types - Handheld, Professional, Wireless; By Region -North America, Europe, APAC, RoW; By Country- US, UK, Canada, Germany, China, India, Japan; Supply Chain Structure; Competitor Analysis) report @

Global Automotive Scanner Market Company Profiles: Bosch Group, Delphi Automotive PLC, Actia Group SA, Softing AG, IEC Electronics, Snap-on Incorporated, Launch Tech Co Ltd, SPX Corporation, Continental AG and Denso Corp.

The industry, sector and the segment is defined and the historic market trend is figured out through various paid databases. The next stage involves comprehensive primary research in which the various stakeholders of the market segment (e.g. Marketing Mangers of Manufacturing Companies, Dealers) are contacted, interviewed and their insights taken. The insights from the experts/stakeholders are triangulated with the historical market trends. Further, Back-of-the-Envelope calculation for the market estimation is made through proper understanding of the market as well as future business strategies of the companies engaged in the market.

Explore other reports on automotive market at

On a related note, the Global Automotive Emission Sensor Market 2015-2019 research report forecasts a value of $13 billion for automotive emission sensors by 2019. To calculate market size, market research analysts have considered revenues generated from the sale of the aforementioned sensors for passenger cars, light commercial vehicles (LCVs), and heavy commercial vehicles. Bosch, Denso, Tenneco, Faurecia, Delphi, Continental, Hyundai KEFICO, NGK Spark Plug, and Sensata are companies mentioned in this 55 pages research available at .

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