Deep Dive into Garage Equipment Market to observe latest trends, market dynamics and future growth Forecast From 2017 To 2025

Technical tools which are used to repair vehicles are termed as automotive garage equipment. It includes wielding tools, vehicle lifters, alignment machines, air pump full kits, and tire changers. Vehicle maintenance mainly involves repairing small scratches, removing dents, re-painting, as well as improving heavily damaged vehicles caused by major accidents.

According to a new report published by Reports Monitor titled, “Garage Equipment Market by Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2018–2025,” the Garage Equipment Market was valued at XX million in 2016 and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2018 to 2025. The Garage Equipment Market in North America region is majorly influenced by well-grown, technologically developed manufacturing sector and automotive industry.

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Continuous development in automobile industry and automation are the major reasons propelling the growth of global garage equipment market. Moreover, increasing consumer awareness with respect to vehicle safety and repair and growing concerns for post-purchasing maintenance are some of the other factors propelling the growth of market. Increasing automotive market is expected to further propel the demand for these tools. 

The global garage equipment market report consists of various tools and techniques including, porters, value chain, market share analysis, and others. The data used in this report is gathered from extensive primary and secondary sources. This report gives the overall idea of market trends, opportunities, restraints, challenges, and others. The report includes major players along with their development strategies such as expansion, acquisition, merger, and others 

Based on the regional analysis, the market is bifurcated into different geographical regions such as North America, Europe, APAC, and LAMEA. There is increasing demand for garage equipment market in North America owing to its well-grown, technologically developed manufacturing sector and automotive industry.

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Key Question Answered:

•What will be the market size in 2025 and at what rate it will grow?

•Who are the major key players in global garage equipment market and what are their strategies?

•Which vertical industry is expected to show major growth?

•What segment and region will lead the market and why?

 

The major companies profiled in the report include: Arex Test Systems B.V., Boston Garage Equipment Ltd, Robert Bosch GmbH, Continental AG, Aro Equipments Pvt. Ltd, LKQ Coatings Ltd., Istobal S.A., Con Air Equipments Private Limited, Gray Manufacturing Company, Inc., Symach SRL, and Standard Tools and Equipment Co.

 

Research Scope: 

 

The study for Global Garage Equipment Market will provide market size, estimates and forecast based on the following years:

 

Historic data: 2015 Base Year Estimate: 2016 Forecast: 2017 to 2025

The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.

Our analyst implement several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.

 

The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.  

1.Introduction

1.1.Market Definition

1.2.Market Scope

2.Research Methodology

2.1.Primary Research

2.2.Secondary Sources

2.3.Assumptions & Exclusions 

3.Market Overview

3.1.Research Report Segmentation & Scope

3.2.Key Market Trend Analysis

3.2.1.Market Drivers

3.2.2.Market Restraint/Challenges

3.2.3.Market Opportunities

3.3.Porter’s Five Forces Analysis

3.4.Potential Venture Avenues

3.5.Market Share Analysis, 2016 

4.Type Overview

4.1.Introduction

4.2.Market Size & Forecast, 2015 to 2025

4.2.1.Small & Medium Garages

4.2.2.Large Garages

4.2.3.Big Garages

(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses) 

5.Equipment Overview

5.1.Introduction

5.2.Market Size & Forecast, 2015 to 2025

5.2.1.Plant

5.2.2.Car Washing Machine

5.2.3.Lifting Tackles

5.2.4.Chassis Dynamometer

5.2.5.Wheel Balancer

5.2.6.Tire Remover

5.2.7.Brake Drum Lathe

5.2.8.Brake Shoe Lining Riveting Machine

5.2.9.Spark Plug Tester

5.2.10.High Pressure Grease Gun

5.2.11.Wheel Alignment Gauges

(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)

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About Garner Insights:

We at Garner Insights.com provide a comprehensive analysis by providing in-depth reports of the various market verticals. Our Mission is to provide a detailed analysis of the vast markets worldwide backed by rich data. Decision makers can now rely on our well-defined data gathering methods to get the correct and accurate market forecasting along with detailed analysis. 

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