Europe Automotive Garage Equipment Market Trends, Share, Size, Revenue and Future Outlook
Europe Automotive Garage Equipment Market Growth, Size, Trends Analysis- By Garage Type, By Equipment Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Feb-2024 | Report ID: AMIN2461 | Pages: 1 - 156 | Formats*: |
| Category : Automotive & Transportation | |||
Europe Automotive Garage Equipment Market Introduction and Overview
According to SPER Market Research, the Europe Automotive Garage Equipment Market is estimated to reach USD XX Billion by 2033 with a CAGR of 7.1%.
The report includes an in-depth analysis of the Europe Automotive Garage Equipment Market, including market size and trends, product mix, applications, and supplier analysis. Equipment used in automotive garages is essential for diagnosing and repairing vehicles. This includes a range of equipment that makes it simple to reach automotive parts, such as engine hoists, car jacks, and hydraulic lifts. Identification of problems with the engine, gearbox, and brake system is facilitated by diagnostic tools like computerised engine analyzers and OBD scanners. Wheel balancers, alignment equipment, and tyre changers guarantee optimal tyre performance and safe control of the vehicle. Effective fluid maintenance is encouraged by fluid handling devices such as coolant flush machines and oil dispensers. Collision repair firms use specialised equipment to repair dents and straighten frames. Vehicle air conditioning system maintenance also requires the use of refrigerant recovery units and diagnostic tools for AC systems. Tool chests and cabinets are examples of organisational solutions that keep workshops running smoothly.
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Market Opportunities and Challenges
For individuals and businesses in Spain, e-commerce offers a quick and easy way to purchase automotive garage equipment. Online retailers have a large assortment of these items, making it easier for Spanish consumers to choose. Online shoppers in Spain can locate equipment and tools that meet their specific requirements. E-commerce makes it easier for companies and goods that might not be physically present in Spain to be accessible. Additionally, consumers' growing emphasis on vehicle performance and safety is driving up demand for high-quality garage equipment that can guarantee correct car maintenance and servicing. In order to comply with strict laws governing emissions control and vehicle safety standards, sophisticated diagnostic and repair tools are also necessary. Therefore, in the upcoming years, all of these variables will support the growth of the regional market.
The market for automobile garage equipment in Europe does, however, have a number of difficulties. One major obstacle is the high upfront cost of installing and buying modern garage equipment, which could discourage small-scale auto repair firms from making improvements to their facilities. Furthermore, the market's abundance of phoney and subpar garage equipment hinders the expansion of respectable producers. Furthermore, there are obstacles to market expansion due to the complexity of contemporary car systems and the requirement for ongoing training for auto technicians in order to properly handle sophisticated garage equipment. Lastly, the profitability of garage equipment suppliers and manufacturers in the area may be impacted by changes in raw material pricing and economic uncertainty.
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Market Competitive Landscape
The major key players in the Europe Automotive Garage Equipment Market are: Continental AG, Dover Corporation, Hunter Engineering Company, ISTOBAL S.A., MAHA Maschinenbau Haldenwang GmbH & Co. KG, Robert Bosch GmbH, Snap-on Incorporated, Stanley Black & Decker, Inc., Symach s.r.l., VisiCon Automatisierungstechnik GmbH, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Garage Type, By Equipment Type |
| Regions covered | France, Germany, Italy, Russia, Spain, UK, Rest of Europe |
| Companies Covered | Continental AG, Dover Corporation, Hunter Engineering Company, ISTOBAL S.A., MAHA Maschinenbau Haldenwang GmbH & Co. KG, Robert Bosch GmbH, Snap-on Incorporated, Stanley Black & Decker, Inc., Symach s.r.l., VisiCon Automatisierungstechnik GmbH, Others |
COVID-19 Impact on Europe Automotive Garage Equipment Market
Because of lockdowns and other limitations, the COVID-19 pandemic had a major negative effect on the European automotive garage equipment market by lowering demand for repair services and vehicle usage. Lower consumer spending, supply chain interruptions, and temporary closures of auto repair businesses led to lower expenditures in garage equipment. Though there will likely be continuous difficulties due to supply chain disruptions and economic uncertainties, the market is anticipated to recover gradually as economies gradually reopen and as demand for car maintenance and repair services increases after the lockdown.
Key Target Audience
- Automotive Garage Owners
- Automotive Technicians
- Automotive Dealerships
- Automotive Manufacturers
- Automotive Aftermarket Suppliers
- Automotive Service Centers
- Research and Development Institutions
- Others
Our in-depth analysis of the Europe Automotive Garage Equipment Market includes the following segments:
| By Garage Type: | |
| By Equipment Type: | |
| By Region: |
Key Topics Covered in the Report
- Europe Automotive Garage Equipment Market Size (FY’2024-FY’2033)
- Overview of Europe Automotive Garage Equipment Market
- Segmentation of Europe Automotive Garage Equipment Market By Garage Type (Independent Garages, OEM Authorized Garages)
- Segmentation of Europe Automotive Garage Equipment Market By Equipment Type (Diagnostic & Testing Equipment, Hand Tools & Power Tools, Lifting & Hoisting Equipment, Washing Equipment, Wheel & Tire Equipment, Others)
- Statistical Snap of Europe Automotive Garage Equipment Market
- Expansion Analysis of Europe Automotive Garage Equipment Market
- Problems and Obstacles in Europe Automotive Garage Equipment Market
- Competitive Landscape in the Europe Automotive Garage Equipment Market
- Impact of COVID-19 and Demonetization on Europe Automotive Garage Equipment Market
- Details on Current Investment in Europe Automotive Garage Equipment Market
- Competitive Analysis of Europe Automotive Garage Equipment Market
- Prominent Players in the Europe Automotive Garage Equipment Market
- SWOT Analysis of Europe Automotive Garage Equipment Market
- Europe Automotive Garage Equipment Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Automotive Garage Equipment Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Automotive Garage Equipment Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Automotive Garage Equipment Market
7. Europe Automotive Garage Equipment Market, By Garage Type (USD Million)
7.1. Europe Automotive Garage Equipment Market Value Share and Forecast, By Garage Type, 2024-20337.2. Independent Garages7.3. OEM Authorized Garages
8. Europe Automotive Garage Equipment Market, By Equipment Type (USD Million)
8.1. Europe Automotive Garage Equipment Market Value Share and Forecast, By Equipment Type, 2024-20338.2. Diagnostic & Testing Equipment8.3. Hand Tools & Power Tools8.4. Lifting & Hoisting Equipment8.5. Washing Equipment8.6. Wheel & Tire Equipment8.7. Others
9. Europe Automotive Garage Equipment Market Forecast, 2020-2033 (USD Million)
9.1. Europe Automotive Garage Equipment Market Size and Market Share
10. Europe Automotive Garage Equipment Market, By Garage Type, 2020-2033 (USD Million)
10.1. Europe Automotive Garage Equipment Market Size and Market Share By Garage Type (2020-2027)10.2. Europe Automotive Garage Equipment Market Size and Market Share By Garage Type (2028-2033)
11. Europe Automotive Garage Equipment Market, By Equipment Type, 2020-2033 (USD Million)
11.1. Europe Automotive Garage Equipment Market Size and Market Share By Equipment Type (2020-2027)11.2. Europe Automotive Garage Equipment Market Size and Market Share By Equipment Type (2028-2033)
12. Europe Automotive Garage Equipment Market, By Region, 2020-2033 (USD Million)
12.1. Europe Automotive Garage Equipment Market Size and Market Share By Region (2020-2027)12.2. Europe Automotive Garage Equipment Market Size and Market Share By Region (2028-2033)12.3. France12.4. Germany12.5. Italy12.6. Russia12.7. Spain12.8. UK12.9. Rest of Europe
13. Company Profile
13.1. Continental AG
13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments
13.2. Dover Corporation
13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments
13.3. Hunter Engineering Company
13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments
13.4. ISTOBAL S.A.
13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments
13.5. MAHA Maschinenbau Haldenwang GmbH & Co. KG
13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments
13.6. Robert Bosch GmbH
13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments
13.7. Snap-on Incorporated
13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments
13.8. Stanley Black & Decker, Inc.
13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments
13.9. Symach s.r.l.
13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments
13.10. VisiCon Automatisierungstechnik GmbH
13.10.1. Company details13.10.2. Financial outlook13.10.3. Product summary13.10.4. Recent developments
13.11. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Europe Automotive Garage Equipment Market is projected to reach USD XX Billion by 2033, growing at a CAGR of 7.1% during the forecast period.
Europe Automotive Garage Equipment Market grew in Market size from 2022. The Market is expected to reach USD XX Billion by 2033, at a CAGR of 7.1% during the forecast period.
Europe Automotive Garage Equipment Market CAGR of 7.1% during the forecast period.
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Europe Automotive Garage Equipment Market size is USD XX Billion from 2023 to 2033.
Europe Automotive Garage Equipment Market Segment is covered By Garage Type, By Equipment Type.
The Europe is anticipated to have the highest Market share in the Europe Automotive Garage Equipment Market.
The key players in the Market include Companies Covered Continental AG, Dover Corporation, Hunter Engineering Company, ISTOBAL S.A., MAHA Maschinenbau Haldenwang GmbH & Co. KG, Robert Bosch GmbH.
This includes a range of equipment that makes it simple to reach automotive parts, such as engine hoists, car jacks, and hydraulic lifts.
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