NEW YORK, Nov. 3, 2023 /PRNewswire/ — The motorcycle diagnostic scan tools market is estimated to grow by USD 365.54 million from 2023 to 2028, growing at a CAGR of 6.74%. The motorcycle diagnostic scan tools market is concentrated owing to the presence of many global and regional companies. A few prominent companies that offer motorcycle diagnostic scan tools market are Autel Intelligent Technology Co., Duonix GmbH, Duynojet Research Inc., Eautotools, HealTech Electronics Ltd., HELLA GmbH and Co. KGaA, Hex Innovate UK Ltd., Moto Tech Diagnostics, Nexas Tech, Snap On Inc., TEXA SpA, and Vamag Srl. The report provides a full list of key companies, their strategies, and the latest developments. Download a Sample before buying
Company Offering:
- Duonix GmbH – The company offers motorcycle diagnostic scan tools such as the Bike-Scan 2 Pro device which is a multi-brand motorcycle diagnostic device.
- Duynojet Research Inc. – The company offers motorcycle diagnostic scan tools such as DYNOJET Motorcycle Power Vision.
- Eautotools – The company offers MS6050R17 STANDARD PRO that is a Universal Motorcycle/ATV Scan Tool in Carrying Case, with a Battery Cable and Universal Cable.
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By Geography, the market is classified as APAC, Europe, North America, Middle East and Africa, and South America.
- APAC is estimated to contribute 43% to the growth of the global market during the forecast period. The major contributors to the growth of the market are India, China, Indonesia, Japan, South Korea, Taiwan, Australia, and Thailand. In these countries, the adoption of advanced motorcycle diagnostic imaging instruments is being driven by increasing electrification of vehicle systems.
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- Impactful driver- Advantages associated with the use of motorcycle diagnostic scan tools
- Key Trend – Emergence of AI and cloud computing
- Major Challenges – Disadvantages of motorcycle diagnostic scan tools
Market Segmentation
- By Type, the market is classified into PC-based and hand-held. The PC-based segment is estimated to witness significant growth during the forecast period. The market is being driven by the multidirectional benefits of using PC-based diagnostic Scan Instruments for Motorcycles. Moreover, the installation of these diagnostic devices has been increased at authorized motorcycle workshops or service stations. In addition, the operation of breakdowns with minimum interruptions is a priority for this sector.
Technavio Research experts have provided more insights on the market share of segments – View a Sample Report
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Motorcycle Diagnostic Scan Tools Market Scope |
|
Report Coverage |
Details |
Historic period |
2018-2022 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.74% |
YoY growth 2022-2023 (%) |
6.09 |
Regional analysis |
APAC, Europe, North America, Middle East and Africa, and South America |
Key countries |
US, China, India, Germany, and the UK |
TOC:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Component
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Company Landscape
12 Company Analysis
13 Appendix
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SOURCE Technavio