Vehicle Scanner Market to Grow at CAGR of 6.5% According to Forecast from 2028

Vehicle scanner market is forecast to reach USD 2,609.8 Million by 2028, according to a new report by Reports and Data.

NEW YORK, NY, UNITED STATE, November 17, 2021 /EINPresswire.com/ -- The global vehicle scanner market is forecast to reach USD 2,609.8 Million by 2028, according to a new report by Reports and Data. A vehicle scanner is an electronic tool that is used to diagnose and also reprogram vehicle control modules.

Various types of scanners, such as fixed and portable, aid in illuminating, sensing, imaging, scanning, and processing of the vehicle. These scanners are useful for the onboard diagnostics in vehicles. Consumers demand vehicles that are integrated with more safety features and user-friendly functionalities. Vehicle OEMs are focusing on providing user-friendly systems that possess advanced technology features. Furthermore, increased focus on safety and security norms by organizing governments of various countries along with infrastructure development, are factors driving the vehicle scanner system market.

The rising production of vehicles, an increase in the sales of electric vehicles, advancements in technology, and rising threats from the extremists and terrorists are propelling the demand for the market. An increase in government initiatives and support for the development of intelligent transportation systems and stringent regulations are also encouraging the growth of the market.

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Further key findings from the report suggest

The portability of surveillance systems can significantly affect how (and if) security personnel can deploy in high stress / rapid situations. Light, durable, and highly mobile systems allow fast and easy deployment in any situation. Portable/Mobile Scanner is forecasted to grow with a CAGR of 6.9% during the forecast period.
Under Vehicle Surveillance Systems (UVSS) provides high resolution stitched images of the underside of the vehicles and scans vehicles of all categories and sizes. The UVSS can be networked to centralized monitoring and database management system.
Scan tools cost more than code readers, and these gadgets are equipped with different variety of features that code readers don't have. They provide access to live and recorded data, can facilitate advanced troubleshooting options, and are also able to read manufacturer-specific codes.
Scan tools costs more than code readers, and these gadgets are equipped with different variety of features that code readers don't have. They provide access to live and recorded data, can facilitate advanced troubleshooting options, and are also able to read manufacturer-specific codes.
The government institutes have a high demand for vehicle scanner systems to secure sensitive places such as oil plants and nuclear plants. The governments are installing vehicle scanners to safeguard defense facilities, military bases, and cross-border checkpoints. The protection is extended to nuclear plants, ancient monuments, and prison facilities.
Asia Pacific is forecasted to grow with a CAGR of 6.5% during the forecast period. High level of production of vehicles in countries such as China, Japan, and developing nations like India, are encouraging market demand.
Key participants include Omnitec, Tescon AG, Godrej & Boyce, Secuscan, Leidos, El-Go Team, Gatekeeper Security, Uveye, Infinite Technologies, and Intelliscan, among others.

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For the purpose of this report, Reports and Data have segmented into the global Vehicle Scanner market on the basis of scanner type, structure type, technology type, application, and region:

Scanner Type Outlook (Revenue, USD Billion; 2016-2026)

Fixed/Static Scanner
Portable/Mobile Scanner

Structure Type Outlook (Revenue, USD Billion; 2016-2026)

Drive-Through
UVSS

Technology Type Outlook (Revenue, USD Billion; 2016-2026)

Sensing
Scanning
Processing
Imaging
Illuminating

Application Outlook (Revenue, USD Billion; 2016-2026)

Private or Commercial Facilities
Government/Critical Infrastructure Protection

Regional Outlook (Revenue, USD Billion; 2016-2026)

North America
U.S.
Europe
UK
France
Asia Pacific
China
India
Japan
MEA
Latin America
Brazil

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Table of Content:

Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026
Chapter 3. Indicative Metrics
Chapter 4. Vehicle Scanner Market Segmentation & Impact Analysis
4.1. Vehicle Scanner Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. The increasing concern for security
4.2.2.2. Development in infrastructure
4.2.3. Market restraints analysis
4.2.3.1. Limited growth
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis...

North America is expected to lead the market for vehicle scanners owing to the high demand for portable vehicle scanners in parking checkpoints. The region has witnessed a high number of terrorist activities over the past couple of years, and concern for the safety of the public has increased the security in both government and commercial places.

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/vehicle-scanner-market

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Reports and Data is a research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

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