- Garage equipment, encompassing tools and systems for vehicle repair, maintenance, and diagnostics, is a critical component of the automotive aftermarket, catering to both passenger and commercial vehicles
- The market is propelled by the increasing complexity of modern vehicles, necessitating advanced diagnostic and repair tools, as well as the growing trend of predictive maintenance enabled by electronic equipment
- North America dominated the garage equipment market with a revenue share of 38.5% in 2024, driven by a mature automotive industry, high vehicle ownership rates, and the presence of leading equipment manufacturers
- Asia-Pacific is anticipated to be the fastest-growing region during the forecast period, fueled by rapid urbanization, increasing vehicle sales, and expanding automotive repair infrastructure in countries such as China and India
- The independent garage segment dominated the largest market revenue share of 45.0% in 2024, driven by its flexibility, cost-effective services, and widespread adoption for routine maintenance and repairs, particularly post-warranty
