Automotive Computerized Measuring Equipment Market
Automotive Computerized Measuring Equipment Market Global Industry Assessment & Forecast
#
Pages:
175
2021
Nov - 2021
VMR-2021-0585
Segments Covered
By
Product Types Windows 10, Windows 7, Others
-
By
Vehicle Type Passenger Cars, Commercial Vehicles
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
12.41 Billion |
 Revenue 2028:
|
17.14 Billion |
 Revenue CAGR
(2021 - 2028): |
4.12% |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
FAQ
Frequently Asked Question
What is the global demand for Automotive Computerized Measuring Equipment in terms of revenue?
-
The global Automotive Computerized Measuring Equipment valued at 12.41 Billion in 2020 and is expected to reach 17.14 Billion in 2028 growing at a CAGR of 4.12%%.
Which are the prominent players in the market?
-
The prominent players in the market are Dover Corporation, CELETTE, PEC Intruments, Snap-On, Yasunaga, BOSCH, Spanesi, Metronor..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.12%% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Automotive Computerized Measuring Equipment include
- The rising demand for accuracy in detecting the damage of vehicles is anticipated to augment the global automotive computerized measuring equipment market during the forecast period. The computerized electronic measuring systems offer tremendous accuracy and will detect damage that visual inspections miss. With this technology, shops are able to compare each measurement to the vehicle manufacturer’s specifications and display any difference, enabling the technician to make needed adjustments. Additionally, they also provide the proper repair documentation required by most insurance companies are factors driving the market.
- The growing sale of luxury cars have is anticipated to augment the growth of the automotive computerized measuring equipment market during the forecast period. This is attributable to the rapid urbanization, rising disposable income of the consumers, and improvement in dynamics. Furthermore, increase in global sales of automobiles has also caused a major inclination towards the adoption of personal vehicles which is in turn expected to support the growth of the automotive computerized measuring equipment market over the forecast period.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Automotive Computerized Measuring Equipment in 2020.
