Market Share of Automotive Diagnostic Tools Industry
The Automotive diagnostics tools market is a moderately consolidated one due to several major players and local players in the automotive diagnostic tools market. Some of the major companies operating are Robert Bosch, Continental AG, Delphi Automotive, Snap-on, Softing, etc. Other companies in the market include KPIT, Carman, General Technologies Corporation, etc. Key players in the market are actively engaged in various growth strategies such as acquisitions, partnerships, new product launches, etc. For instance:
In May 2022, KPIT Technologies Ltd announced the acquisition of cloud-based vehicle diagnostics specialist SOMIT Solutions. The partnership will enable e cloud-based vehicle diagnostics platform & expert consulting services.
Automotive Diagnostic Tools Market Leaders
Delphi Automotive PLC
Robert Bosch GmbH
Continental AG
Snap-on Incorporated
Denso Corporation
*Disclaimer: Major Players sorted in no particular order
