The Asia Pacific Automotive Garage Equipment Market would witness market growth of 7.7% CAGR during the forecast period (2023-2030).
Safety is paramount in automotive workshops. Safety lifts, exhaust ventilation systems, and personal protective equipment (PPE) contribute to a safe working environment. Automotive garage equipment suppliers may offer training and educational resources to help mechanics and technicians stay updated on the latest technologies and best practices in automotive repair. Specialty tools and equipment cater to specific needs, such as welding machines, diagnostic scopes, and specialty hand tools, enabling mechanics to address various vehicle models and issues. The Internet of Things (IoT) is increasingly integrated into garage equipment, allowing connectivity and data sharing between different tools and devices.
Connected equipment enables real-time monitoring, remote diagnostics, and predictive maintenance, enhancing operational efficiency. Automation and robotics are playing an expanding role in automotive garage operations. Robotic systems are being employed for tasks such as tire changing, wheel alignment, and basic repairs. Automation improves efficiency and addresses the industry's challenges related to the shortage of skilled technicians. There is a growing emphasis on sustainability within the automotive industry, which extends to garage operations. Green practices, such as fluid recycling systems, energy-efficient equipment, and environmentally friendly disposal methods, are becoming more prevalent.
The Asia Pacific region is experiencing extensive urbanization with the expansion of cities and metropolitan areas. This growth results in an increased concentration of vehicles, prompting the establishment and expansion of automotive service centres equipped with advanced garage equipment in Asia Pacific. The Asia Pacific region is a major tourist destination with a thriving tourism industry. The demand for garage equipment is also influenced by the maintenance needs of rental fleets and vehicles used in the tourism sector in Asia Pacific. The urbanization trend encourages the adoption of advanced technologies across various industries, including automotive services in Asia Pacific. Garage equipment manufacturers may introduce technologically advanced tools and systems to cater to the evolving needs of urbanized areas in Asia Pacific. Therefore, due to the above-mentioned factors, the market will grow significantly in this region.
The China market dominated the Asia Pacific Automotive Garage Equipment Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,213 million by 2030. The Japan market is registering a CAGR of 7.1% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 8.4% during (2023 - 2030).
Free Valuable Insights: The Global Automotive Garage Equipment Market is Predict to reach $ 29 Billion by 2030, at a CAGR of 7.2%
Based on Garage Type, the market is segmented into Independent Garages, and OEM Authorized Garages. Based on Equipment Type, the market is segmented into Wheel & Tire Equipment, Lifting & Hoisting Equipment, Diagnostic & Testing Equipment, Washing Equipment, Hand Tools & Power Tools, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Stanley Black & Decker, Inc.
- ISTOBAL S.A.
- Snap-on Incorporated
- Robert Bosch GmbH
- VisiCon Automatisierungstechnik GmbH
- Symach s.r.l.
- Dover Corporation
- MAHA Maschinenbau Haldenwang GmbH & Co. KG
- Continental AG
- Hunter Engineering Company
Asia Pacific Automotive Garage Equipment Market Report Segmentation
By Garage Type
- Independent Garages
- OEM Authorized Garages
By Equipment Type
- Wheel & Tire Equipment
- Lifting & Hoisting Equipment
- Diagnostic & Testing Equipment
- Washing Equipment
- Hand Tools & Power Tools
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Automotive Garage Equipment Market, by Garage Type
1.4.2 Asia Pacific Automotive Garage Equipment Market, by Equipment Type
1.4.3 Asia Pacific Automotive Garage Equipment Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Mergers & Acquisition: 2019, Aug – 2024, Jan) Leading Players
4.3.3 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Nov – 2024, Jan) Leading Players
4.4 Porter’s Five Forces Analysis
Chapter 5. Asia Pacific Automotive Garage Equipment Market by Garage Type
5.1 Asia Pacific Independent Garages Market by Country
5.2 Asia Pacific OEM Authorized Garages Market by Country
Chapter 6. Asia Pacific Automotive Garage Equipment Market by Equipment Type
6.1 Asia Pacific Wheel & Tire Equipment Market by Country
6.2 Asia Pacific Lifting & Hoisting Equipment Market by Country
6.3 Asia Pacific Diagnostic & Testing Equipment Market by Country
6.4 Asia Pacific Washing Equipment Market by Country
6.5 Asia Pacific Hand Tools & Power Tools Market by Country
6.6 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Automotive Garage Equipment Market by Country
7.1 China Automotive Garage Equipment Market
7.1.1 China Automotive Garage Equipment Market by Garage Type
7.1.2 China Automotive Garage Equipment Market by Equipment Type
7.2 Japan Automotive Garage Equipment Market
7.2.1 Japan Automotive Garage Equipment Market by Garage Type
7.2.2 Japan Automotive Garage Equipment Market by Equipment Type
7.3 India Automotive Garage Equipment Market
7.3.1 India Automotive Garage Equipment Market by Garage Type
7.3.2 India Automotive Garage Equipment Market by Equipment Type
7.4 South Korea Automotive Garage Equipment Market
7.4.1 South Korea Automotive Garage Equipment Market by Garage Type
7.4.2 South Korea Automotive Garage Equipment Market by Equipment Type
7.5 Singapore Automotive Garage Equipment Market
7.5.1 Singapore Automotive Garage Equipment Market by Garage Type
7.5.2 Singapore Automotive Garage Equipment Market by Equipment Type
7.6 Malaysia Automotive Garage Equipment Market
7.6.1 Malaysia Automotive Garage Equipment Market by Garage Type
7.6.2 Malaysia Automotive Garage Equipment Market by Equipment Type
7.7 Rest of Asia Pacific Automotive Garage Equipment Market
7.7.1 Rest of Asia Pacific Automotive Garage Equipment Market by Garage Type
7.7.2 Rest of Asia Pacific Automotive Garage Equipment Market by Equipment Type
Chapter 8. Company Profiles
8.1 Stanley Black & Decker, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 ISTOBAL S.A.
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Product Launches and Product Expansions:
8.2.2.2 Acquisition and Mergers:
8.2.3 SWOT Analysis
8.3 Snap-on Incorporated
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Engineering Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.5.3 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 Robert Bosch GmbH
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 VisiCon Automatisierungstechnik GmbH
8.5.1 Company Overview
8.5.2 SWOT Analysis
8.6 Symach s.r.l.
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 Dover Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional & Segmental Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Product Launches and Product Expansions:
8.7.5.2 Acquisition and Mergers:
8.7.6 SWOT Analysis
8.8 MAHA Maschinenbau Haldenwang GmbH & Co. KG
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 Continental AG
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Acquisition and Mergers:
8.9.6 SWOT Analysis
8.10. Hunter Engineering Company
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
8.10.3 SWOT Analysis
TABLE 1 Asia Pacific Automotive Garage Equipment Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Automotive Garage Equipment Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Automotive Garage Equipment Market
TABLE 4 Product Launches And Product Expansions– Automotive Garage Equipment Market
TABLE 5 Acquisition and Mergers– Automotive Garage Equipment Market
TABLE 6 Asia Pacific Automotive Garage Equipment Market by Garage Type, 2019 - 2022, USD Million
TABLE 7 Asia Pacific Automotive Garage Equipment Market by Garage Type, 2023 - 2030, USD Million
TABLE 8 Asia Pacific Independent Garages Market by Country, 2019 - 2022, USD Million
TABLE 9 Asia Pacific Independent Garages Market by Country, 2023 - 2030, USD Million
TABLE 10 Asia Pacific OEM Authorized Garages Market by Country, 2019 - 2022, USD Million
TABLE 11 Asia Pacific OEM Authorized Garages Market by Country, 2023 - 2030, USD Million
TABLE 12 Asia Pacific Automotive Garage Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 13 Asia Pacific Automotive Garage Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 14 Asia Pacific Wheel & Tire Equipment Market by Country, 2019 - 2022, USD Million
TABLE 15 Asia Pacific Wheel & Tire Equipment Market by Country, 2023 - 2030, USD Million
TABLE 16 Asia Pacific Lifting & Hoisting Equipment Market by Country, 2019 - 2022, USD Million
TABLE 17 Asia Pacific Lifting & Hoisting Equipment Market by Country, 2023 - 2030, USD Million
TABLE 18 Asia Pacific Diagnostic & Testing Equipment Market by Country, 2019 - 2022, USD Million
TABLE 19 Asia Pacific Diagnostic & Testing Equipment Market by Country, 2023 - 2030, USD Million
TABLE 20 Asia Pacific Washing Equipment Market by Country, 2019 - 2022, USD Million
TABLE 21 Asia Pacific Washing Equipment Market by Country, 2023 - 2030, USD Million
TABLE 22 Asia Pacific Hand Tools & Power Tools Market by Country, 2019 - 2022, USD Million
TABLE 23 Asia Pacific Hand Tools & Power Tools Market by Country, 2023 - 2030, USD Million
TABLE 24 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 25 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 26 Asia Pacific Automotive Garage Equipment Market by Country, 2019 - 2022, USD Million
TABLE 27 Asia Pacific Automotive Garage Equipment Market by Country, 2023 - 2030, USD Million
TABLE 28 China Automotive Garage Equipment Market, 2019 - 2022, USD Million
TABLE 29 China Automotive Garage Equipment Market, 2023 - 2030, USD Million
TABLE 30 China Automotive Garage Equipment Market by Garage Type, 2019 - 2022, USD Million
TABLE 31 China Automotive Garage Equipment Market by Garage Type, 2023 - 2030, USD Million
TABLE 32 China Automotive Garage Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 33 China Automotive Garage Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 34 Japan Automotive Garage Equipment Market, 2019 - 2022, USD Million
TABLE 35 Japan Automotive Garage Equipment Market, 2023 - 2030, USD Million
TABLE 36 Japan Automotive Garage Equipment Market by Garage Type, 2019 - 2022, USD Million
TABLE 37 Japan Automotive Garage Equipment Market by Garage Type, 2023 - 2030, USD Million
TABLE 38 Japan Automotive Garage Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 39 Japan Automotive Garage Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 40 India Automotive Garage Equipment Market, 2019 - 2022, USD Million
TABLE 41 India Automotive Garage Equipment Market, 2023 - 2030, USD Million
TABLE 42 India Automotive Garage Equipment Market by Garage Type, 2019 - 2022, USD Million
TABLE 43 India Automotive Garage Equipment Market by Garage Type, 2023 - 2030, USD Million
TABLE 44 India Automotive Garage Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 45 India Automotive Garage Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 46 South Korea Automotive Garage Equipment Market, 2019 - 2022, USD Million
TABLE 47 South Korea Automotive Garage Equipment Market, 2023 - 2030, USD Million
TABLE 48 South Korea Automotive Garage Equipment Market by Garage Type, 2019 - 2022, USD Million
TABLE 49 South Korea Automotive Garage Equipment Market by Garage Type, 2023 - 2030, USD Million
TABLE 50 South Korea Automotive Garage Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 51 South Korea Automotive Garage Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 52 Singapore Automotive Garage Equipment Market, 2019 - 2022, USD Million
TABLE 53 Singapore Automotive Garage Equipment Market, 2023 - 2030, USD Million
TABLE 54 Singapore Automotive Garage Equipment Market by Garage Type, 2019 - 2022, USD Million
TABLE 55 Singapore Automotive Garage Equipment Market by Garage Type, 2023 - 2030, USD Million
TABLE 56 Singapore Automotive Garage Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 57 Singapore Automotive Garage Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 58 Malaysia Automotive Garage Equipment Market, 2019 - 2022, USD Million
TABLE 59 Malaysia Automotive Garage Equipment Market, 2023 - 2030, USD Million
TABLE 60 Malaysia Automotive Garage Equipment Market by Garage Type, 2019 - 2022, USD Million
TABLE 61 Malaysia Automotive Garage Equipment Market by Garage Type, 2023 - 2030, USD Million
TABLE 62 Malaysia Automotive Garage Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 63 Malaysia Automotive Garage Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 64 Rest of Asia Pacific Automotive Garage Equipment Market, 2019 - 2022, USD Million
TABLE 65 Rest of Asia Pacific Automotive Garage Equipment Market, 2023 - 2030, USD Million
TABLE 66 Rest of Asia Pacific Automotive Garage Equipment Market by Garage Type, 2019 - 2022, USD Million
TABLE 67 Rest of Asia Pacific Automotive Garage Equipment Market by Garage Type, 2023 - 2030, USD Million
TABLE 68 Rest of Asia Pacific Automotive Garage Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 69 Rest of Asia Pacific Automotive Garage Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 70 Key Information – Stanley Black & Decker, Inc.
TABLE 71 Key Information – ISTOBAL S.A.
TABLE 72 key information – Snap-on Incorporated
TABLE 73 Key Information – Robert Bosch GmbH
TABLE 74 Key Information – VisiCon Automatisierungstechnik GmbH
TABLE 75 Key Information – Symach s.r.l.
TABLE 76 key information – Dover Corporation
TABLE 77 Key Information – MAHA Maschinenbau Haldenwang GmbH & Co. KG
TABLE 78 Key Information – Continental AG
TABLE 79 Key Information – Hunter Engineering Company
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Automotive Garage Equipment Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Automotive Garage Equipment Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Mergers & Acquisition : 2017, Jun – 2021, Jun) Leading Players
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2020, nov – 2024, Jan) Leading Players
FIG 8 Porter’s Five Forces Analysis - Automotive Garage Equipment Market
FIG 9 Asia Pacific Automotive Garage Equipment Market share by Garage Type, 2022
FIG 10 Asia Pacific Automotive Garage Equipment Market share by Garage Type, 2030
FIG 11 Asia Pacific Automotive Garage Equipment Market by Garage Type, 2019 - 2030, USD Million
FIG 12 Asia Pacific Automotive Garage Equipment Market share by Equipment Type, 2022
FIG 13 Asia Pacific Automotive Garage Equipment Market share by Equipment Type, 2030
FIG 14 Asia Pacific Automotive Garage Equipment Market by Equipment Type, 2019 - 2030, USD Million
FIG 15 Asia Pacific Automotive Garage Equipment Market share by Country, 2022
FIG 16 Asia Pacific Automotive Garage Equipment Market share by Country, 2030
FIG 17 Asia Pacific Automotive Garage Equipment Market by Country, 2019 - 2030, USD Million
FIG 18 SWOT Analysis: Stanley Black & Decker, Inc.
FIG 19 SWOT Analysis: ISTOBAL S.A.
FIG 20 Recent strategies and developments: Snap-on Incorporated
FIG 21 SWOT Analysis: SNAP-ON INCORPORATED
FIG 22 Recent strategies and developments: Robert Bosch GmbH
FIG 23 SWOT Analysis: Robert Bosch GmbH
FIG 24 SWOT Analysis: VISICON AUTOMATISIERUNGSTECHNIK GMBH
FIG 25 SWOT Analysis: SYMACH S.R.L.
FIG 26 SWOT Analysis: DOVER CORPORATION
FIG 27 SWOT Analysis: MAHA MASCHINENBAU HALDENWANG GMBH & CO. KG
FIG 28 Recent strategies and developments: Continental AG
FIG 29 SWOT Analysis: Continental AG
FIG 30 SWOT Analysis: HUNTER ENGINEERING COMPANY