Automotive Diagnostic Scan Tools Market Outlook:
Automotive Diagnostic Scan Tools Market size was over USD 29.45 billion in 2024 and is poised to exceed USD 54.25 billion by 2034, growing at over 6.3% CAGR during the forecast period i.e., between 2025-2034. In the year 2025, the industry size of automotive diagnostic scan tools is evaluated at USD 31.03 billion.
The market growth can be ascribed to growing demand for automotive diagnostic scan tools amongst transport industries owing to the adoption of various measures & standards to reduce nitrogen oxide (NOX) emissions from heavy-duty vehicles (HDVs) worldwide. According to the data, 40% to 80% of NOX emission reduction from HDVs is projected under Euro VI-equivalent standards by 2040.
With the recent advancements in the automobile sector as well as rising research and development (R&D), the demand for automotive diagnostic scan tools is on the rise amongst mobility service providers, creating massive revenue generation opportunities for the key players operating in the global automotive diagnostic scan tools market. For instance, global research and development (R&D) spending in the automobile sector reached more than USD 135 billion in 2020.
