The Automotive Garage Equipment Market is to Touch $10.1 Billion by 2030; advanced diagnostic tools integration and the rising adoption of electric vehicles propel market growth.

The Automotive Garage Equipment Market size is estimated to reach $10.1 billion by 2030, growing at a CAGR of 5.5% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Automotive Garage Equipment Market – By Vehicle Type (Two-Wheeler, Light Vehicle, Heavy Vehicle), By Equipment Type (Lifting Equipment, Body Shop Equipment, Wheel and Tire Service Equipment, Vehicle Diagnostic and Testing Equipment, Washing Equipment and Others), By Garage Type (Automotive OEM Dealership, Franchise Garage, Independent Garage, By Function Type (Electronic, Mechanical), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”

Increasing demand for automated solutions and the surge in vehicle repair and maintenance activities are fueling the growth of the Automotive Garage Equipment industry during the forecast period.

In 2023, APAC emerged as the dominant region in the Automotive Garage Equipment Market, owing to its vast automotive fleet and well-established service network. High vehicle ownership rates in countries like China and Japan, combined with increasing adoption of advanced garage technologies, played a pivotal role in securing this leadership. Moreover, APAC is home to major automotive manufacturers and service providers, offering a wide array of garage equipment solutions. The region’s dominance is further strengthened by a surge in commercial fleet operations, including logistics and ride-sharing services. A well-developed infrastructure for automotive servicing, coupled with ongoing investments in modernizing service centers, cements APAC’s position as the market leader, supported by strong regional demand dynamics. 

Rising global vehicle ownership and expanding commercial fleets are key drivers of the Automotive Garage Equipment Market. Urbanization and growing economies are encouraging individuals and businesses to invest in vehicles, directly increasing demand for automotive services. This trend is particularly notable in the commercial fleet sector, including delivery trucks and ride-sharing vehicles, where regular maintenance is crucial for operational efficiency. Sales of electric trucks surged by 35% in 2023, according to the International Energy Agency, reflecting the sector’s rapid growth. Consumer awareness about vehicle longevity through proper maintenance is also on the rise, prompting service centers to adopt advanced equipment. Consequently, garages are scaling their capabilities to address increasing demands, ensuring robust growth in the automotive garage equipment industry.

The market is significantly driven by an increasing focus on vehicle safety and performance, underscoring the importance of regular maintenance and advanced servicing. Consumers and regulatory bodies alike emphasize adherence to stringent safety standards, creating a heightened demand for reliable garage equipment. Tools for precision testing and diagnostics, such as brake testers and emission analyzers, are now essential for ensuring compliance. Moreover, growing awareness about the long-term cost savings of proactive vehicle maintenance is driving both individuals and fleet operators to invest in high-quality garage services. This trend ensures sustained market growth, as service providers upgrade their equipment to meet the evolving safety and performance expectations of their clientele.