Global Automotive Garage Equipment Market Size & Outlook
Global automotive garage equipment market, 2018-2030 (US$M)
Global automotive garage equipment market highlights
- The global automotive garage equipment market generated a revenue of USD 8,125.0 million in 2023 and is expected to reach USD 10,514.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 3.8% by 2030.
- In terms of segment, lifting equipment accounted for a revenue of USD 8,125.0 million in 2023.
- Lifting Equipment is the most lucrative equipment segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 8,125.0 million |
| Market revenue in 2030 | USD 10,514.2 million |
| Growth rate | 3.8% (CAGR from 2023 to 2030) |
| Largest segment | Lifting equipment |
| Fastest growing segment | Lifting Equipment |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lifting Equipment |
Other key industry trends
- In terms of revenue, the North America accounted for 25.2% of the global automotive garage equipment market in 2023.
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Automotive Garage Equipment Market Scope
Automotive Garage Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global automotive garage equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive garage equipment market will help companies and investors design strategic landscapes.
Lifting equipment was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global automotive garage equipment market based on lifting equipment covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Automotive Garage Equipment Equipment Outlook (Revenue, USD Million, 2018-2030)
- Lifting Equipment
- Emission Testing Equipment
- Body Shop Equipment
- Wheel and Tire Equipment
- Vehicle Diagnostic and Testing
- Washing Equipment
- Other Equipment
- Global Automotive Garage Equipment Garage Type Outlook (Revenue, USD Million, 2018-2030)
- OEM Authorized Garages
- Independent Garages
- Global Automotive Garage Equipment Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Online
- Offline
- Global Automotive Garage Equipment Application Outlook (Revenue, USD Million, 2018-2030)
- Body Shop
- Tire Shop
- Car Dealership
- Global Automotive Garage Equipment Vehicle Type Outlook (Revenue, USD Million, 2018-2030)
- Passenger Vehicle
- Commercial Vehicle
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Target buyers of Global automotive garage equipment market databook
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Our clientele includes a mix of automotive garage equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global automotive garage equipment market , including forecasts for subscribers. This global databook contains high-level insights into Global automotive garage equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global automotive garage equipment market size, by regions, 2018-2030 (US$M)
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