Dublin, Dec. 01, 2025 (GLOBE NEWSWIRE) -- The "Automotive Garage Equipment Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F" has been added to ResearchAndMarkets.com's offering.
The Global Automotive Garage Equipment Market, valued at USD 12.60 Billion in 2024, is projected to experience a CAGR of 5.78% to reach USD 17.65 Billion by 2030. The market's expansion is primarily driven by the increasing global vehicle parc and the corresponding demand for consistent vehicle servicing. The growing technological complexity of modern vehicles, incorporating advanced driver assistance systems and electrified powertrains, further necessitates continuous investment in specialized equipment.
Key Market Drivers
The global automotive garage equipment market is primarily influenced by the expanding worldwide vehicle parc and new vehicle sales. As the number of vehicles in operation increases, so does the requirement for maintenance, diagnostics, and repair services, necessitating more equipment in service centers.
According to the International Organization of Motor Vehicle Manufacturers (OICA), in 2023, global automobile production in the Asia-Pacific region surpassed the 55 million-unit mark, representing a 10% year-on-year increase. This growth directly underpins equipment demand. Concurrently, the increasing complexity of advanced vehicle technology also significantly influences the market. Modern vehicles with sophisticated electronic systems and advanced powertrains demand specialized, digitally integrated equipment for precise diagnosis and repair.
Key Market Challenges
A significant impediment to the growth of the Global Automotive Garage Equipment Market is the substantial initial capital investment required for acquiring and maintaining advanced equipment. This expenditure presents a considerable barrier for independent service providers, directly limiting their ability to upgrade existing infrastructure and offer competitive services. As vehicle technology advances, encompassing complex electronic control units and electrified powertrains, the cost of specialized diagnostic instruments and fundamental lifting systems increases. This financial burden restricts smaller businesses from adopting necessary technologies, potentially leading to a disparity in service capabilities across the market.
According to the Automotive Service Association, independent repair facilities allocated an average of 8% of their annual revenue to diagnostic equipment and software maintenance in 2024, representing a significant financial commitment. Such recurring investment, coupled with the frequent need for tool updates due to rapid technological evolution, creates ongoing financial pressure. This limits market expansion by making it difficult for a segment of the service industry to keep pace with modern vehicle repair demands.
Key Market Trends
The rising demand for electric vehicle (EV) service equipment is a primary trend reshaping the global automotive garage equipment market, necessitating specialized tools for maintenance and repair. This includes high-voltage battery diagnostics, charging infrastructure, and insulated safety equipment.
According to the European Automobile Manufacturers' Association (ACEA), new battery-electric car sales in the EU reached 869,271 units in the first half of 2025, capturing 15.6% of the market. This growing fleet drives substantial investment, exemplified by Snap-on's October 2024 diagnostic software upgrade, which introduced comprehensive coverage for new EV models including the Tesla S, X, 3, and Y.
Key Market Players Profiled:
- Snap-on
- Bosch
- Hunter
- MAHA
- Beissbarth
- Corghi
- Nussbaum
- Rotary Lift
- BendPak
- AMMCO
Report Scope
In this report, the Global Automotive Garage Equipment Market has been segmented into the following categories:
By Vehicle Type:
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
By Equipment Type:
- Wheel & Tire Service Equipment
- Lifting Equipment
- Vehicle Diagnostic & Testing Equipment
- Body Shop Equipment
- Washing Equipment
By Garage Type:
- Automotive OEM Dealerships
- Franchised Garages
- Independent Garages
By Region:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Key Attributes
| Report Attribute | Details |
| No. of Pages | 180 |
| Forecast Period | 2024-2030 |
| Estimated Market Value (USD) in 2024 | $12.6 Billion |
| Forecasted Market Value (USD) by 2030 | $17.65 Billion |
| Compound Annual Growth Rate | 5.7% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/kj2mt2
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
