Automotive Computerized Measuring Equipment Market
Automotive Computerized Measuring Equipment Market Global Industry Assessment & Forecast
- By Product Types Windows 10, Windows 7, Others
- By Vehicle Type Passenger Cars, Commercial Vehicles
|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|
- 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
The global Automotive Computerized Measuring Equipment market was valued at USD 12.41 Billion in 2020 and is projected to reach USD 17.14 Billion by 2028, growing at a CAGR of 4.12%% from 2021 to 2028.
|Historical Data (Actual Data)||2016-2020|
|Base Year Data||2020|
|Current Year Date||2021|
|Projected year data||2021-2026|
|Annual Market Size (2028)||17.14 Billion|
|Annual Market Size (2021)|
|CAGR (2021 - 2028)||4.12%%|
Definition and Overview
The automotive computerized measuring equipment is used to simplify the task of getting the correct and accurate data sheets for the vehicle, regularly updates data files and keep all the data right at the frame machine. One of the best advantages in the development of computerized measuring systems is the ability to accurately records all the data.
The global Automotive Computerized Measuring Equipment market report provides exhaustive analysis on segments, regions/countries, companies, and such several strategic marketing tools such as Porter’s Five Forces Analysis, Pricing Analysis, SWOT Analysis, PESTLE Analysis, Player Positioning Analysis, Downstream Buyers, List of distributors, and Value Chain Analysis among others. The report covers market size and estimations for each segment/region/country for the years 2016–2028. It provides a detailed study on various product types and their applications in different industry verticals at the global/regional/country level. Moreover, the report includes a thorough analysis on competitive landscape comprising of extensive company profiles based on various parameters such as company overview, market revenue, business, product portfolio, and marketing strategies among others.
COVID-19 Impact Analysis
Outbreak of COVID-19 in 2020 compelled governments across the world to take severe actions like border seals, lockdown, and implementing strict social distancing measures, in order to restrict swift spread of COVID-19. However, these actions had a drastic impact on the global economy, as the companies across the globe were forced to either close or partially closed their operations, leading to supply chain disruptions and impairing of various industries. Moreover, in 2021 several key markets such as U.S., India, and Brazil among other witnessed second wave of COVID-19 that further disrupted the market. However, it is expected that reopening of trade activities, the market will witness steady growth in demand in the coming years. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.
The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:
o Impact Assessment of COVID-19 Pandemic
o Pre & Post COVID-19 Market Size
o Qualitative analysis on the short term & long-term impact of COVID-19 on the market
o The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.
Global Automotive Computerized Measuring Equipment Market Report Scope
|Market Size Provided for Years||2016-2028|
|Market Size Provided In Terms Of||Revenue & Volume|
|Segments Covered||Product Types, Vehicle Type|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa|
|Countries Covered||The U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, South East Asia, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Companies Covered||Dover Corporation, CELETTE, PEC Intruments, Snap-On, Yasunaga, BOSCH, Spanesi, Metronor.|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis|
The report delivers an acute breakdown of the market based on various segments such as Product Types, Vehicle Type and region. This study comprises the market size in terms of revenue for each segment at the global/regional/country level along with a detailed analysis of growth prospects, challenges, and opportunities.
On the basis of Product Types, the market is divided into Windows 10, Windows 7, Others. Windows 10 is expected to dominate the market and is projected to grow at a noteworthy CAGR within the forecast period.
Based on Vehicle Type, the market is divided into Passenger Cars, Commercial Vehicles. Passenger Car attributed to the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Global Automotive Computerized Measuring Equipment Market: Product Types Segment Analysis
- Windows 10
- Windows 7
Global Automotive Computerized Measuring Equipment Market: Vehicle Type Segment Analysis
- Passenger Cars
- Commercial Vehicles
Regional Analysis: Preview
Geographically, the global Automotive Computerized Measuring Equipment market is segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. The report further segments the regional study into key country-level markets from each region. The regional analysis section provides extensive analysis on various factors impacting market growth such as economies, industry competition, technological advancements, import-export ratio, and raw material availability among others. Moreover, the same section will provide your detailed qualitative as well as quantitative analysis for each region country comprising of market size and estimations for each region/country. Some of the prominent country-level markets are U.S., China, Germany, France, India, and Japan. North America is anticipated to dominate the global market during upcoming years.
Market Size, 2021 (USD Billion)
Global Automotive Computerized Measuring Equipment Market: Regional Analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of MEA
Major players in the global Automotive Computerized Measuring Equipment market are Dover Corporation, CELETTE, PEC Intruments, Snap-On, Yasunaga, BOSCH, Spanesi, Metronor.. The global Automotive Computerized Measuring Equipment market report analyzes competitive scenario in detail that includes extensive information on all key players based on business overview, product portfolio, marketing strategies, recent developments, financial performance, and geographical presence among others. In addition to that, the report also covers company market share for the year 2020 along with in depth strategic developments.
Global Automotive Computerized Measuring Equipment Market: Key Highlights
- The global Automotive Computerized Measuring Equipment market was valued at USD 12.41 Billion in 2020.
- The global Automotive Computerized Measuring Equipment Market is projected to reach USD 17.14 Billion by 2028
- is fueling the market growth
- North America held the highest share of the Automotive Computerized Measuring Equipment market in 2020.
- Some of the major companies operating in the Automotive Computerized Measuring Equipment market are Dover Corporation, CELETTE, PEC Intruments, Snap-On, Yasunaga, BOSCH, Spanesi, Metronor..
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.