What’s Next for Garage Equipment?
In professional garages worldwide, equipment reliability and precision are more than just assets—they’re necessities. Modern technicians depend on tools that support vehicle diagnostics, safe lifting, and efficient repairs. As vehicle technologies evolve, so too does the gear that supports them.
Accurate insights into the size and forecasts of the equipment space help decision-makers plan strategically—whether they’re investing in advanced diagnostics, expanding workshop capacity, or evaluating service models.
According to Marketintelo, “The global [“Garage Equipment Market”] size was valued at approximately USD 8.7 billion in 2023 and is projected to reach USD 14.5 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.2% during the forecast period 2024–2032.”
Read Full Research Study – https://marketintelo.com/report/garage-equipment-market
What Drives Equipment Demand Today?
Technology leaps are reshaping garage operations. Electric and autonomous vehicles require high-voltage diagnostic tools, while lift systems must handle heavier EV chassis and integrated ADAS hardware. This increases demand not just for new tool types but for digital integration and automation.
Meanwhile, safety and compliance pressures—such as emission testing and inspection mandates—encourage garages to adopt more modern, precise tools. Workshops are investing in electronic alignment systems, automatic tire changers, and smart lifts to meet regulatory requirements and efficiency goals.
Who’s Leading the Charge?
Independent repair centers are growing rapidly—especially in regions like Asia-Pacific—as aftermarket services proliferate. OEM-authorized workshops remain a crucial base but face rising competition from agile independents harnessing technology and flexible service models.
Meanwhile, equipment-as-a-service (EaaS) models are emerging, offering subscription-based access rather than outright purchases—a trend with growing appeal across both North America and Europe.
These shifts reflect not only commercial strategy but changing ownership preferences, urban workshop constraints, and a push towards modular, scalable infrastructure.
As per Dataintelo’s analysis, “The regional distribution of the [“Garage Equipment Market”] reflects varying consumer preferences, market shares, and growth rates. For instance, Europe accounted for approximately 32.14% of the market share in 2024, generating close to USD —-specific value—-.”
Read Full Research Study – https://dataintelo.com/report/garage-equipment-market
Regional Highlights at a Glance
Europe holds a significant stake—around 32.14% of total revenue in 2024, making it a critical region for advanced equipment deployment. European legislation, such as stricter emissions and Euro-7 compliance, continues to drive investment in smart diagnostic and testing tools.
Asia-Pacific is advancing swiftly with an 8.8% CAGR projected through 2030, led by expanding independent service networks in China .
North America benefits from high consumer spending and early adoption of digital systems but sees slower regional share gains compared to Asia-Pacific.
Equipment Type and Vehicle Trends
Lifting equipment remains the dominant category—accounting for over 32% of revenue in 2024. This reflects continued reliance on conventional lift systems for workshop infrastructure, especially with heavier and more complex vehicles.
Diagnostic and EV-specific tools are also gaining traction. High-voltage service tools for batteries and electrified drivetrains are growing at faster CAGR levels compared to standard tools.
On the vehicle side, passenger cars represent over 63% of equipment demand. Yet EV-related segments are expanding rapidly, with EV servicing gear forecasted to grow at a 15.46% CAGR through 2030.
What This Means for Stakeholders
Equipment manufacturers need agile product lines—mixing traditional lifts with advanced EV diagnostics and digital platforms.
Workshops should evaluate evolving purchase models. Capital investments in advanced hardware can be costly. EaaS or retrofit-friendly systems may offer scalability and lower upfront barriers.
Region-tailored strategies are key. Europe demands emissions-compliant and automated solutions; Asia-Pacific values affordability and volume; North America prioritizes integration and service models.
Future proofing requires tools adaptable to EVs, autonomy, and software-driven servicing.