How big is the Automotive Garage Equipment Market?

The Automotive Garage Equipment Market size is expected to reach USD 8.10 billion in 2024 and grow at a CAGR of 4% to reach USD 11.20 billion by 2029. Read More

What is the current Automotive Garage Equipment Market size?

In 2024, the Automotive Garage Equipment Market size is expected to reach USD 8.10 billion. Read More

Who are the key players in Automotive Garage Equipment Market?

Robert Bosch GmbH, Continental AG, Arex Test Systems B.V., Gray Manufacturing Company and Istobal S.A. are the major companies operating in the Automotive Garage Equipment Market. Read More

Which is the fastest growing region in Automotive Garage Equipment Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Automotive Garage Equipment Market?

In 2024, the Asia-Pacific accounts for the largest market share in Automotive Garage Equipment Market. Read More

What years does this Automotive Garage Equipment Market cover, and what was the market size in 2023?

In 2023, the Automotive Garage Equipment Market size was estimated at USD 7.78 billion. The report covers the Automotive Garage Equipment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Automotive Garage Equipment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Automotive Garage Equipment Market Share

Statistics for the 2023 & 2024 Automotive Garage Equipment market share, created by Mordor Intelligence™ Industry Reports. Automotive Garage Equipment share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Automotive Garage Equipment Industry

The automotive garage equipment market is consolidated and led by globally and regionally established players. Some of the major players in the market include Continental AG, Robert Bosch GmbH, Autoliv Inc., Denso Corporation, and Delphi Automotive PLC. The companies adopt strategies such as new product launches, collaborations, and mergers to sustain their market positions.

For instance, in September 2023, Google Cloud and Continental announced a strategic partnership. Together, they will provide innovative, flexible, and future-oriented digital solutions for the automotive industry by combining Continental's expertise with Google's data and AI technologies.
In January 2023, Delphi Technologies launched its new Masters of Motion hub aimed at independent garage technicians. This is the start of a sustained campaign to provide added support for technicians and workshops.