Automotive Garage Equipment Market To Reach $10.51 Billion By 2030

 

The global automotive garage equipment market size was estimated at USD 8.13 billion in 2023 and is projected to grow at a CAGR of 3.8% from 2024 to 2030. The increasing number of vehicles on the road, the rising demand for vehicle maintenance and repair services, and advancements in garage equipment technology are driving market growth.

Drivers, Opportunities & Restraints

The automotive garage equipment market is driven by several factors, including the growing emphasis on vehicle safety and maintenance, the increasing number of vehicles globally, and the rising demand for advanced diagnostic and repair solutions. The expansion of the automotive aftermarket and the increasing complexity of modern vehicles are also contributing to market growth.

Moreover, the integration of advanced technologies, such as automation and IoT (Internet of Things), in garage equipment is providing significant growth opportunities. The growing demand for eco-friendly and efficient garage equipment and the rising number of automotive repair shops in emerging economies are also driving the market.

However, the high initial cost of advanced garage equipment and the need for regular maintenance and calibration may pose challenges to market growth. Additionally, the availability of counterfeit and low-quality equipment can hinder market growth.

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Key Sucrose Esters Companies:

·         Evonik Industries AG

·         Sisterna

·         Croda International

·         Alfa Chemicals

·         P&G Chemicals

·         Dai-Ichi Kogyo Seiyaku

·         Mitsubishi Chemical Holdings Corporation

·         BASF SE

·         Stearinerie Dubois

·         FELDA IFFCO

Key Automotive Garage Equipment Company Insights

Some of the key players operating in the market include Robert Bosch GmbH, Continental AG, ISTOBAL, and Boston Garage Equipment.

• Robert Bosch GmbHis a leading manufacturer and provider of automotive garage equipment, offering a wide range of products such as sensors, fuel injectors, and steering systems. The company invests heavily in research and development and the entrepreneurial ownership activities are conducted by the Robert Bosch Industrietreuhand KG, an industrial trust. This structure allows Bosch to plan for the long-term and make significant investments in the company's future.
• Continental AGContinental AG is a automotive parts manufacturer based in Germany that specializes in brake systems, tires, automotive safety, chassis components, powertrain, vehicle electronics, and other technologies for sustainable and connected mobility.
• ISTOBALISTOBAL is a Spanish multinational company that specializes in the design, manufacturing, and marketing of a wide range of equipment such as wash tunnels, jet washes, rollovers for commercial vehicles, and solutions for washing trains and trams. Istobal also offers accessories, chemicals, and water treatment solutions. The company markets its products in more than 60 countries through its extensive distributor network and its own subsidiaries

Key Automotive Garage Equipment Companies:

• Robert Bosch GmbH
• Continental AG
• ISTOBAL
• Aro Equipments Pvt. Ltd
• Guangzhou Jingjia Auto Equipment Co. Ltd
• Arex Test Systems BV
• Boston Garage Equipment
• Vehicle Service Group
• Gray Manufacturing Company Inc.
• VisiCon Automatisierungstechnik GmbH
• MAHA Maschinenbau Haldenwang GmbH & Co. KG

Recent Developments

• In July 2023, Robert Bosch GmbH announced plans to expand their product range for the independent aftermarket by adding cabin blowers, which are essential components of vehicle air-conditioning systems. The new cabin blowers run quietly and are specifically designed to match the vehicle's AC system, ensuring efficient and reliable air flow. Initially, five blowers will be available for common Ford and VW models in the European market, with plans to expand the product range in the coming months to provide a wide selection of high-quality replacement parts for both workshops and consumers.
• In June 2024, Boston Garage Equipment announced the availability of its new measurement and diagnostic device called the EOBD-400. These devices used to measure the emissions of vehicles. These testers are designed to analyze the exhaust of a vehicle and determine if it meets the required emissions standards. The EOBD-400 tester is a specific model that is commonly used for this purpose and features Bluetooth 5 (LE) for long rage operations, equipped with a neoprene rubber surround, and other features.

 Automotive Garage Equipment Market Report Segmentation

• Automotive Garage Equipment Outlook (Revenue, USD Million, 2018 - 2030)

• Lifting Equipment
• Wheel & Tire Service Equipment
• Vehicle Diagnostic & Testing Equipment
• Body Shop Equipment
• Washing Equipment
• Others
• Automotive Garage Equipment Garage Type Outlook (Revenue, USD Million, 2018 - 2030)
• OEM Authorized Garages
• Independent Garages
• Automotive Garage Equipment Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)
• Online
• Offline
• Automotive Garage Equipment Vehicle Type Outlook (Revenue, USD Million, 2018 - 2030)
• Passenger Cars
• Commercial Vehicles
• Automotive Garage Equipment Application Outlook (Revenue, USD Million, 2018 - 2030)
• Body Shop
• Tire Shop
• Car Dealership
• Automotive Garage Equipment Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America

• U.S.
• Canada
• Mexico
• Europe
• UK
• Germany
• France
• Italy
• Spain
• Asia Pacific
• Japan
• China
• India
• Australia
• South Korea
• Latin America
• Brazil
• Argentina
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE

 

About Us
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
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U.S. Potato Chips Market Size To Reach $14.78 Billion By 2030

The U.S. Potato Chips Market size is expected to reach USD 14.78 billion by 2030, registering to grow at a CAGR of 5.7% from 2024 to 2030 according to a new report by Grand View Research, Inc. Rising number of flavors and surging demand for quick snacks are poised to contribute to the market during the forecast period. Moreover, rising disposable income and the busy lifestyles of consumers are likely to fuel the growth prospects of the market in the U.S.

Plain/Salted emerged as the largest product segment in the U.S. potato chips market. The flavored segment includes a wide spectrum of chips including barbecue, sour cream & onion, salt & vinegar, hot and spicy, and dill pickle.

The supermarket segment is estimated to dominate the market due to the fact that consumers usually purchase a large number of products during their shopping trips. In addition, consumers prefer to purchase from shops with numerous options.

List of Key Players in the U.S. Potato Chips Market

• PepsiCo
• Kellanova
• Utz Brands, Inc.
• Campbell Soup Company
• Herr's
• Wise Snacks
• Intersnack Foods GmbH & Co. KG
• Clayton Dubilier & Rice
• Better Made Snack Foods
• Barcel USA

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U.S. Potato Chips Market Report Highlights

• Baked potato chips segment is expected to witness the fastest growth with a CAGR of 6.1% over the forecast period. The demand for baked potato chips is increasing in the US market primarily due to shifting consumer preferences towards healthier snack options.
• The Flavored segment is expected witness the highest CAGR over the forecasted period. Consumers' evolving taste preferences, which seek variety and novel experiences in their snacks, drive the demand for flavored potato chips.
• Supermarket/hypermarket segment dominated the market in 2023. supermarkets and hypermarkets offer extensive shelf space and a wide variety of products, including potato chips, attracting many consumers.
• In February 2016, ConAgra Foods sold its private label business to TreeHouse Foods, which helped the company to enhance its private label dry and refrigerated grocery offerings.

U.S. Potato Chips Market Segmentation

Grand View Research has segmented the U.S. potato chips market based on product, flavor, and distribution channel:

U.S. Potato Chips Product Outlook (Revenue, USD Million, 2018 - 2030)

• Fried
• Baked

U.S. Potato Chips Flavor Outlook (Revenue, USD Million, 2018 - 2030)

• Plain/Salted
• Flavored

U.S. Potato Chips Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Supermarket/Hypermarket
• Convenience Stores
• Online
• Others

About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

Office Software Market Share, Growth and Future Analysis

 The global Office Software Market size is expected to reach USD 37.4 billion by 2028, registering a CAGR of 6.9% during the forecast period, as per a new report by Grand View Research, Inc. The growing demand for business software to manage activities and workflow, coupled with the rapid breakthroughs in the fields of Machine Learning (ML) and Artificial Intelligence (AI), are driving the market expansion. In addition, the increased use of cloud computing in corporate operations, as well as utilization of enterprise mobility, smartphones, and Bring Your Own Device (BYOD) to extend the mobile workforce, will further drive the demand for office software solutions.

Office software and solutions have gained considerable attention in recent years because of their promise to boost productivity, while also lowering expenses. Since the market for these solutions is closely tied to the requirement for process automation in many industries, the greater the global demand for process automation, the greater will be the demand for office software solutions. These considerations enable businesses and providers to concentrate on joining the office software industry since their core expertise contributes to overall business success.

The COVID-19 pandemic impacted the global office software and solutions space in enterprises of all sizes. However, the growing adoption of "work-from-home" policies by many enterprises throughout the world, as well as the need to manage their teams remotely, has increased the necessity for remote work management.

The requirement for digitization has skyrocketed as a result of remote job management. During the spread of COVID-19, small and medium-sized, as well as large enterprises have been implementing new business strategies to increase productivity. Furthermore, work-from-home norms have prompted service providers to guarantee that mission-critical corporate employees have the tools and technology they need to improve the speed, security, quality, and overall efficacy of services supplied, supporting market growth.

North America dominated the global market for office software in 2021. The digital transformation across various end-users in the region leads to the adoption of office software solutions. The early adoption of technological breakthroughs has contributed significantly to the regional market growth. Additionally, modern IT infrastructure and the availability of technical skills have further contributed to the growth of the market.

Due to the growing number of enterprises adopting office software and solutions, Asia Pacific is likely to exhibit the highest CAGR during the forecast period and substantially contribute to the global market for office software. The growing need for enterprises to track and manage business operations more efficiently is projected to drive the adoption of office software in the area.

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Office Software Market Report Highlights

• North America accounted for the largest revenue share of over 45% in 2021, in the global market for office software. The growing demand among SMEs, regional technical sustainability, and the presence of numerous market players are contributing to the growth of the regional market
• The cloud deployment segment dominated the market with the highest revenue share of over 61% in 2021. The current competitive landscape, as well as global economic conditions, have accelerated the adoption of cost-effective business model restructuring processes
• In terms of software type, the spreadsheet software segment captured the largest market share in 2021, of more than 41%. The greater usage of many spreadsheet solutions among organizations to model and manipulate data sets, produce graphical representations, and influence future planning and decision-making have contributed to the growth of the segment
• Asia Pacific is projected to witness a CAGR of 7.7% from 2022 to 2028. Adoption of office software in healthcare, IT & telecom, and BFSI domains is likely to drive substantial industry growth in the region 

Office Software Market Segmentation

Grand View Research has segmented the global office software market on the basis of deployment, type, and region:

Deployment Outlook (Revenue, USD Billion, 2017 - 2028)

• Cloud
• On-premises

Type Outlook (Revenue, USD Billion, 2017 - 2028)

• Spreadsheet Software
• Word Processing Software
• Visualization Software
• Presentation Software
• Others

Regional Outlook (Revenue, USD Billion, 2017 -2028)

• North America

• U.S.
• Canada
• Europe
• The U.K.
• Germany
• France
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Brazil
• Argentina
• Middle East & Africa
• GCC
• South Africa

List of Key Players in the Office Software Market

• Microsoft Corporation
• Google LLC
• Oracle Corporation
• Salesforce.com, Inc.
• VMWARE, INC.
• Symantec Corporation
• Dell EMC
• Hewlett Packard Co. (HP Inc.)
• International Business Machines Corp.
• Citrix Systems Inc.

 About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

Fall Protection Market By FallTech; Petzl; SKYLOTEC; WernerCo; Guardian Fall MSA; Honeywell International Inc.

The global Fall Protection Market size is expected to reach USD 4,534.9 million by 2030, registering a CAGR of 7.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing fatalities along with the growing relevance of workplace safety and security, are expected to fuel industry expansion during the forecast period. As per the 2022 World Health Organization Report, falls constitute a significant public health issue, with 684,000 fatal incidents occurring annually. This makes falls the second-leading cause of unintentional injury-related deaths after road traffic injuries. As per the National Institute for Occupational Safety and Health (NIOSH) Construction Statistics, falls continue to be the primary cause of fatalities in the construction industry, which is one of the most hazardous industries in the U.S. In 2023, falls in the construction industry accounted for over one-third of all industry-related fatalities.

Each year, over 300 workers experience fatal falls while doing their routine job tasks, and this statistic has shown relative stability in the past decade. Fatalities due to falls from heights constitute the primary cause of death in the construction industry. Regardless of the distance involved, any work conducted at elevated levels poses the risk of severe or fatal injuries in the event of a fall. For instance, 3M Fall Protection is dedicated to providing construction workers with the necessary equipment, training, knowledge, and expertise, thus instilling confidence in them to execute their tasks safely and effectively. These aforementioned factors are expected to augment the market growth over the forecast period. Moreover, governments across the globe are implementing and enforcing stringent safety regulations to ensure a secure working environment.

A pivotal initiative to raise fall prevention awareness is the National Safety Stand-Down, an annual voluntary event coordinated by the Occupational Safety and Health Administration (OSHA) and other safety organizations. Typically occurring in May, this event brings together supervisors, employers, and workers to increase their awareness about possible fall hazards in the construction industry. During the Stand-Down, work is temporarily halted, and participants engage in training sessions, discussions, and equipment inspections focused on fall prevention. These activities are designed to educate workers to recognize fall hazards and use appropriate safety equipment. OSHA has further mandated that fall prevention measures are imperative for falls of six feet or more to the ground or lower surfaces.

Examples of such systems include guardrails and mid rails that are installed on scaffolds, along the open edges of floors, around skylights, on scissor lifts, as covers over floor openings, and in designated restricted zones during roofing operations. These protective systems adhere to specific design requirements outlined in OSHA standards for construction. For instance, guardrails must be positioned between 39 and 45 inches above the walking and working surface and must possess the capacity to withstand a force exceeding 200 pounds. Fall protection equipment manufacturers are seeking collaborations, mergers & acquisitions to develop advanced and innovative solutions.

Manufacturers are also adopting several strategies, like product development and geographical expansion, to enhance their market penetration and cater to end-use industries. For instance, in January 2024, WenerCo introduced a groundbreaking fall protection utility lifeline tailored for utility workers and linemen that provides them with an elevated level of climbing security. This innovative offering includes an anchor strap fall arrest system, which is specifically designed to meet the unique safety requirements of professionals working on utility poles or similar structures. With this product launch, WenerCo demonstrates its commitment to advancing safety solutions for workers in specialized industries, thereby offering a comprehensive and effective tool to enhance fall protection in utility-related environments.

List of Key Players in Fall Protection Market

• FallTech
• Petzl
• SKYLOTEC
• WernerCo
• Guardian Fall
• MSA
• Honeywell International Inc.
• 3M
• Gravitec Systems, Inc.
• Kee Safety Inc
• French Creek Production
• Safewaze
• Tritech Fall Protection
• GISS
• Webb-Rite Safety

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Fall Protection Market Report Highlights

• In 2023, the individual protection segment dominated the market with a share of over 58.5%. Individual protection is the prevention of adverse outcomes from hazardous events that may take place during construction work. Lifelines, anchorage points, personal protective equipment, harnesses, lanyards, self-retracting lifelines, personal fall limiters, fall arresters, lanyard positioning devices, and body belts are all considered under the individual protection category
• Access fall protection equipment is a comprehensive safety measure designed to prevent falls from elevated surfaces in various work environments. These equipment are crucial for protecting workers who operate at heights, such as rooftops, facades, ladders, or elevated platforms
• The manufacturing end-use segment is expected to register the highest CAGR from 2024 to 2030. There is a growing awareness within the manufacturing sector about the importance of adhering to safety standards. Manufacturers are recognizing the need for robust fall protection solutions to mitigate the risks associated with working at heights, leading to a higher product adoption
• The construction industry is experiencing substantial growth globally, driven by urbanization, infrastructure development, and population expansion. Moreover, there is a growing awareness in the construction industry about the occupational hazards associated with working at heights. Employers and workers are recognizing the need for comprehensive fall protection measures to mitigate the risks posed by elevated work environments. This is expected to propel the demand for advanced & effective fall protection solutions
• In March 2023, Petzl unveiled the ASAP & ASAP LOCK kits, which act as convenient solutions that are pre-equipped with connectors, mobile fall arresters, and energy absorbers. These kits are hassle-free, ready-to-use personal fall arrest systems that comply with OSHA fall protection regulations and adhere to the ANSI Z359.15 standard. When paired with RAY 11 lifelines, available with or without a sewn termination (sold separately), these kits act as comprehensive and reliable fall protection solutions

Fall Protection Market Segmentation

Grand View Research has segmented the global fall protection market on the basis of type, end-use, and region:

Fall Protection Type Outlook (Revenue, USD Million, 2018 - 2030)

• Individual Protection
• Collective Protection
• Access Equipment

Fall Protection End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Construction
• Manufacturing
• Oil & Gas
• Chemicals
• Food
• Pharmaceuticals
• Healthcare
• Transportation
• Mining
• Others

Fall Protection Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
• U.S.
• Canada
• Mexico
• Europe
• France
• Germany
• UK
• Italy
• Spain
• Sweden
• Denmark
• Norway
• Poland
• The Netherlands
• Belgium
• Switzerland
• Austria
• Portugal
• Ireland
• Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Central & South America
• Brazil
• Argentina
• Middle East & Africa
• Saudi Arabia
• UAE
• South Africa

About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com