Motorcycle Diagnostic Scan Tools Market Size Expected to Increase USD 311.98 Million, Benefits Associated with Using Motorcycle Diagnostic Scan Tools to Drive Market Growth - Technavio

Motorcycle Diagnostic Scan Tools Market Size Expected to Increase USD 311.98 Million, Benefits Associated with Using Motorcycle Diagnostic Scan Tools to Drive Market Growth – Technavio

NEW YORK, November 22, 2022 /PRNewswire/ — The “Motorcycle Diagnostic Scan Tools Market by type (PC and laptop) and geography (APAC, Europe, North America, Middle East and Africaand South America) – 2022-2026 Forecasting and Analysis Report” has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proud to partner with more than 100 Fortune 500 companies for more than The difference in potential growth for Motorcycle Diagnostic Scan Tools market size between 2021 and 2026 is $311.98 million. To get the exact annual growth variance and annual growth rate, Request a FREE sample report.

Technavio has announced its latest market research report titled Global Motorcycle Diagnostic Scan Tools Market 2022-2026

Technavio has announced its latest market research report titled Global Motorcycle Diagnostic Scan Tools Market 2022-2026

Key market dynamics

  • Market engine: The benefits associated with the use of motorcycle diagnostic scan tools are driving the growth of the market. Motorcycle sales are on the rise. Additionally, the increasing integration of electronics in the design and development of motorcycles is fueling the growth of the market. Motorcycle diagnostic tools have various advantages. Modern motorcycles use high-end electronic components that perform crucial functions. Therefore, the use of proper diagnostic scan tools is important to prevent electronic system malfunctions. In addition, these tools are economical and can reduce the number of visits to workstations or service centers.

  • Market challenge: The high cost of PC based workstations will challenge the market during the forecast period. Motorcycle diagnostic scan tools have various issues, such as the cost of purchasing the complete system. Diagnostic workstations for motorcycle applications require multiple functionalities and features and use advanced software using complex algorithms. However, the costs of full-fledged diagnostic workstations are relatively high. Therefore, the cost burden tends to shift to consumers. Such factors will challenge the growth of the global motorcycle diagnostic scan tools market.

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The PC based will be a significant contributor to the growth of the market over the forecast period. PC-based motorcycle diagnostic scan tools have various advantages such as minimum diagnosis time, accurate location of problems and faster approach to finding solutions, which leads to its penetration rate among the motorcycle workstations. Many authorized motorcycle workshops or service stations have such tools installed. Additionally, the market share of mid-range and high-end bikes has increased over the years, fueling the need for advanced PC-based diagnostic scan tools. The global motorcycle industry is witnessing the penetration of advanced systems and technologies resulting in the need for diagnostic tools and software. Leading players such as HELLA, TEX and the EOS Motorscan division offer custom PC-based diagnostic tools.

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APAC will be the leading region with 42% of the market growth during the forecast period. China and India are the key countries for the motorcycle diagnostic scan tools market in APAC.

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Motorcycle Diagnostic Scan Tools Market Scope

Report cover

Details

Page number

120

base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 6.5%

Market Growth 2022-2026

$311.98 million

Market structure

Concentrate

Annual growth (%)

5.62

Regional analysis

APAC, Europe, North America, Middle East and Africa and South America

Successful market contribution

APAC at 42%

Main consumer countries

USA, China, India, Germany and UK

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Autel Intelligent Technology Co., Duonix GmbH, Eautotools, HealTech Electronics Ltd., HELLA GmbH and Co. KG, Snap On Inc., TEXA SpA and Vamag Srl

Market dynamics

Parent market analysis, market growth drivers and barriers, analysis of fast and slow growing segments, impact of COVID-19 and future consumer dynamics, and analysis of market conditions for the forecast period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

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Main topics covered

1. Summary

2 Market landscape

3 Market sizing

4 Five forces analysis

5 Market Segmentation by Type

6 Customer Landscape

7 Geographic landscape

8 drivers, challenges and trends

9 Supplier landscape

10 Vendor Analysis

11 Appendix

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Global Motorcycle Diagnostic Scan Tools Market 2022-2026

Global Motorcycle Diagnostic Scan Tools Market 2022-2026

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